MOJALOOP FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

PAULA HUNTER

Phone

7812460500

Tax Period

2023-01-01 to 2023-12-31

MOJALOOP FOUNDATION INC, founded in 2020, is a community nonprofit in the International Affairs sector that reported $5.4M in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 39% operating margin.

Mission

OUR MISSION IS TO INCREASE FINANCIAL INCLUSION BY EMPOWERING ORGANIZATIONS CREATING INTEROPERABLE PAYMENTS SYSTEMS TO ENABLE DIGITAL FINANCIAL SERVICES FOR ALL.

Program Service Accomplishments

Program 1

Expenses: $2,640,062 Revenue: $705,833

THE ORGANIZATION MAINTAINS THE FREE, OPEN SOURCE SOFTWARE, MOJALOOP, AND ITS COMMUNITY AS PUBLIC GOODS IN SERVICE OF FINANCIAL INCLUSION. MERCHANTS, CENTRAL BANKS, SERVICE PROVIDERS, GOVERNMENT...

THE ORGANIZATION MAINTAINS THE FREE, OPEN SOURCE SOFTWARE, MOJALOOP, AND ITS COMMUNITY AS PUBLIC GOODS IN SERVICE OF FINANCIAL INCLUSION. MERCHANTS, CENTRAL BANKS, SERVICE PROVIDERS, GOVERNMENT OFFICES, AND OTHER ENTITIES LOOKING TO BUILD INCLUSIVE PAYMENTS PLATFORMS CAN USE MOJALOOP--WHOLE, ADAPTED, OR AS A REAL-TIME PAYMENTS REFERENCE MODEL. MEMBERSHIP IS OPEN TO MISSION-DRIVEN, NON-GOVERNMENTAL AND TECHNOLOGY ENTITIES FOCUSED ON ADVANCING FINANCIAL INCLUSION. TRAINING, EVENTS, AND OTHER EDUCATIONAL ACTIVITIES ARE PROVIDED TO THE COMMUNITY, AND PARTICIPATION IN THE COMMUNITY IS OPEN AND FREE TO ALL.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,713,288

Program Service Revenue $705,833

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,419,121

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $123,342

Program Expenses $2,640,062

Other Expenses $3,298,876

TOTAL EXPENSES $3,298,876

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,419,121	$3,052,293	+0.8%
Expenses	$3,298,876	$2,558,965	+0.3%
Net Income	$2,120,245	$493,328	+3.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KONSTANTIN PERIC	CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT RON	TREASURER	1.00	Officer Director	$0	$0	$0
ADAMA DIALLO	DIRECTOR	1.00	Director	$0	$0	$0
KEN WEBER	DIRECTOR	1.00	Director	$0	$0	$0
MILLER ABEL	DIRECTOR	1.00	Director	$0	$0	$0
MATSELISO THABANE	DIRECTOR (THRU 05/2023)	1.00	Director	$0	$0	$0
KEVIN O'NEIL	DIRECTOR (THRU 09/2023)	1.00	Director	$0	$0	$0
PAULA HUNTER	EXECUTIVE DIRECTOR & SECRE	40.00	Officer	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$5,419,121	$3,298,876	$4,731,812	$2,120,245
2022	$3,052,293	$2,558,965	$2,514,232	$493,328
2021	$3,582,633	$2,772,595	$2,277,277	$810,038
2020	$1,605,721	$833,444	$1,445,902	$772,277