Daffy

Accion Opportunity Fund

Accion Opportunity Fund

San Jose, CA 95113
Tax ID45-4127501

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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.
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About this organization

Revenue

$5,401,458

Expenses

$4,662,138

Website

aofund.org

Mission

Accion Opportunity Fund is an unparalleled financial support system that provides small business owners in the US with access to capital, networks, and coaching. In 2020, Accion Opportunity Fund was formed as Accion U.S. Network and Opportunity Fund Community Development came together. Together, we fight for an inclusive and accessible financial system so small business owners of all identities can thrive.

About

ACCION ENVISIONS A WORLD IN WHICH HARD WORKING ENTREPRENEURS HAVE THE FINANCIAL ACCESS AND TOOLS THEY NEED TO IMPROVE THEIR LIVES AND ENHANCE THE WELL-BEING OF THEIR FAMILIES, COMMINUTES AND LOCAL ECONOMIES FOR YEARS TO COME. ACCION, THE U.S. NETWORK WAS FORMED IN 2011 TO ELEVATE AND SUPPORT THE WORK OF THE FOUR MEMBERS OF THE U.S. NETWORK AS WELL AS OTHER LEADING MICRO LENDERS ON A NATIONAL SCALE. PRIORITY STRATEGIES FOR REALIZING THIS ARE AS FOLLOWS: PROPELLING THE FLOW OF RESOURCES, SUPPORT, TOOLS AND INFORMATION TO ALL MEMBER AND NON-MEMBER MICROFINANCE ORGANIZATIONS- INCLUDING FUNDRAISING, TRAINING AND EDUCATION, MEDIA, PARTNERSHIP AND PROGRAMMATIC OPPORTUNITIES- TO ENCOURAGE THEIR DEVELOPMENT, SUSTAINABILITY, GROWTH AND EXPANSION. NURTURING COLLABORATION AND THE SHARING OF INSIGHTS, BEST PRACTICES AND EFFICIENCIES ACROSS MEMBER AND NONMEMBER ORGANIZATIONS. PROMOTING THE STRONGEST SHARED BRAND FOR DOMESTIC MICROFINANCE, WHICH ALSO ENCOURAGES AND SUPPORTS LOCAL DECISION MAKING TO MEET REGIONAL MISSIONS.

Interesting data from their 2019 990 filing

The filing outlines the non-profit's goal as “Accion, the u.s. network, inc. (the "network") was incorporated on december 7, 2011. the mission of the network is to assist in building world class microfinance institutions in the united states to enhance economic development and individuals' self sufficiency through increasing access to credit and otherwise promoting financial inclusion and financial health through training and mentoring for members of low-to-moderate income communities.”.

When explaining its purpose, the activities were outlined as: “The mission of the network is to assist in building world class microfinance institutions in the united states to enhance economic development and individuals' self sufficiency through increasing access to credit and otherwise promoting financial inclusion and financial health through training and mentoring for members of low-to-moderate income communities.”.

  • As per legal reporting requirements, the state of operation for the non-profit is DE.
  • The non-profit's address for 2019 is listed as 85 BROAD STREET 18TH FLOOR, NEW YORK, NY, 10004 in the filing.
  • As per the non-profit's form, they have 17 employees as of 2019.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $739,320.
  • The organization has 9 independent voting members.
  • The organization was formed in 2011.
  • The organization pays $1,888,338 in salary, compensation, and benefits to its employees.
  • The organization pays $181,595 in fundraising expenses.