Overview
What is Micro Business Mentors?
Micro Business Mentors is a nonprofit organization that extends support to economically disadvantaged individuals in Uganda and the Philippines. Their primary focus is offering micro enterprise loans to help the extremely poor start and grow their businesses. In 2019, they aided 1,840 people, while 450 benefited in 2018. Beyond financial assistance, they provide mentoring and guidance to these entrepreneurs to ensure their businesses thrive. Additionally, they contribute to Christian organizations engaged in missionary work in these countries, benefitting an additional 500 individuals. Their mission is multifaceted, encompassing both financial aid and charitable giving to foreign organizations.
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Is Micro Business Mentors legitimate?
Micro Business Mentors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Micro Business Mentors submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Micro Business Mentors?
Micro Business Mentors' mission is focused on offering micro enterprise loans and business mentoring to economically disadvantaged individuals in Uganda and the Philippines. Their activities in 2019 benefited 1,840 people, while 450 individuals were assisted in 2018. In addition to financial aid, the organization extends charitable contributions to Christian organizations carrying out missionary work in these countries, benefiting 500 people. Their primary objective is to support these individuals in starting and expanding their micro businesses, thereby improving their livelihoods.
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Who is the CEO of Micro Business Mentors?
Anne Saunders is the President of Micro Business Mentors.
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What is the revenue of Micro Business Mentors?
Micro Business Mentors's revenue in 2022 was $31,316.
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Who are the executives of Micro Business Mentors and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Micro Business Mentors?
Micro Business Mentors's most recent form 990EZ was submitted in 2022 and can be accessed here.
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Mission Statement of Micro Business Mentors
Micro Business Mentors, as a nonprofit organization, focuses on providing microenterprise loans and mentorship to the economically disadvantaged individuals in Uganda and the Philippines. Their mission is twofold: firstly, they offer financial aid in the form of loans to help these individuals start and grow their small businesses. Secondly, they offer mentorship and guidance to ensure the successful operation of these businesses. In 2019, this organization aided 1,840 beneficiaries, while in 2018, they assisted 450 individuals. Additionally, Micro Business Mentors also engages in charitable giving, supporting Christian organizations that are engaged in missionary work in both Uganda and the Philippines. In 20XX, they benefited 500 individuals through these charitable endeavors. In essence, Micro Business Mentors empowers the underprivileged by offering them the necessary financial and mentoring support to establish and sustain their microenterprises, thereby contributing to their economic independence and overall wellbeing.
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Impact
August, 2024
Micro Business Mentors has directly impacted 1,840 individuals in 2019 and 450 individuals in 2018 through their micro enterprise loans and mentoring programs in Uganda and the Philippines. The organization provides vital support to the very poor, enabling them to start and grow their micro businesses, creating sustainable opportunities for economic empowerment. Additionally, the organization's charitable giving to Christian organizations conducting missionary work in these regions further extends their impact, benefiting an additional 500 people. By supporting organizations in foreign countries, Micro Business Mentors is actively working to alleviate poverty and empower individuals to improve their quality of life.
This information is meant to be a general summary of Micro Business Mentors. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $208
- Gross Receipts: $31,316
Assets and Liabilities:
- Total Assets: $131,640
- Total Liabilities: $4,500
- Net Assets: $127,140
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Organization Details
Phone
(925) 963-9850Principal Officer
Anne Saunders
Main Address
105 Carole Meadows Court, Danville, CA, 94506
NTEE Category
Code: Q33 - International
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