INTERNATIONAL MICROFINANCE ORGANIZATION NETWORK-IMON

EIN: 811980738 501(c)(3)

Washington, DC

Total Revenue
$194,600
Total Expenses
$156,294
Total Assets
$316,353
Net Assets
$316,353
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
DC
Principal Officer
Joseph A Hayat
Phone
2026405424
Tax Period
2020-01-01 to 2020-12-31

INTERNATIONAL MICROFINANCE ORGANIZATION NETWORK-IMON, founded in 2016, is a small nonprofit that reported $195K in total revenue in fiscal year 2020. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $38K, a strong 20% operating margin.

Mission

I.M.O.N's mission is to end global poverty by creating access to education through financial inclusion to individuals and small businesses in US and across the world. IMON has been organized to assist underprivileged and distressed individuals am small businesses through educational and capacity building programs & grants. By doing so, the organization will work to restore individuals in the United States and throughout the world to self-sufficiency and an improved quality of life.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $185,000
Program Service Revenue $9,600
Investment Income $0
Other Revenue $0
TOTAL REVENUE $194,600

Expense Breakdown

Grants Paid $9,600
Salaries & Benefits $101,167
Fundraising Expenses $0
Program Expenses $24,500
Other Expenses $45,527
TOTAL EXPENSES $156,294

Year-over-Year Comparison

2020 2019 Change
Revenue $194,600 $167,863 +0.2%
Expenses $156,294 $134,803 +0.2%
Net Income $38,306 $33,060 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
5
Employees
N/A
Volunteers
22

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$66,965
Total Directors
0
$0
Key Employees
4
$31,508
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph A Hayat Board Member, CEO 20
Officer
$34,000 $0 $34,000
Hafiza Nadi Antoniades Treasure 20
Officer
$16,711 $0 $16,711
Roya Yosefi Secretary 20
Officer
$16,254 $0 $16,254
Jake Whitman Business Development 20
Key Emp
$16,008 $0 $16,008
Jessica Love Fundraising Communication Director 5
Key Emp
$11,500 $0 $11,500
Ruth J Grant Sr. Compliance Director 5
Key Emp
$2,000 $0 $2,000
Teri Whitecraft Sr Prog Director 5
Key Emp
$2,000 $0 $2,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $194,600 $156,294 $316,353 $38,306
2019 $167,863 $134,803 $278,047 $33,060
2018 $127,500 $20,783 $245,974 $106,717
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