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Daffy

Womens Microfinance Initiative Corporation

Womens Microfinance Initiative Corporation

Bethesda, MD 20817
Tax ID26-1384627

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.

About this organization

Revenue

$215,254

Expenses

$187,028

Mission

See attachment 1

About

Microfinance loan program - see attachment 2

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “See attachment 1”.

When referring to its actions, they were outlined as: “See attachment 1”.

  • The non-profit has complied with legal obligations by reporting their state of operation as MD.
  • The non-profit's address in 2020 is noted in the filing as 8609 FENWAY DRIVE, BETHESDA, MD, 20817.
  • The non-profit's form for 2020 reports a total of 0 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $28,226.
  • The CEO compensation package within the organization is not established through a review and approval by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 7 independent voting members.
  • The organization was formed in 2007.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $719 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.