Overview
What is Myfi Inc?
Myfi Inc is a nonprofit organization that extends microloans and offers financial guidance to aspiring entrepreneurs facing financial challenges worldwide. Their mission is to aid these entrepreneurs in acquiring necessary commodities to sustain their small businesses. During the recent tax period, Myfi successfully lent to seven entrepreneurs, significantly boosting the efficiency and profitability of their ventures. This organization plays a crucial role in fostering entrepreneurial growth and economic development in underserved communities globally.
Official website here: www.myfinyc.org
Is Myfi Inc legitimate?
Myfi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Myfi Inc 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.
Official website here: www.myfinyc.org
What is the mission statement of Myfi Inc?
Myfi Inc, as a mission, provides micro loans and financial guidance to aspiring and disadvantaged entrepreneurs worldwide. The primary objective is to aid in the acquisition of necessary commodities for the sustainability of small businesses. Myfi's activities during the recent tax period led to the successful loaning to seven entrepreneurs, thereby enhancing the efficiency and profitability of their ventures.
Official website here: www.myfinyc.org
Who is the CEO of Myfi Inc?
Unavailable
Official website here: www.myfinyc.org
What is the revenue of Myfi Inc?
Myfi Inc's revenue in 2022 was $13,819.
Official website here: www.myfinyc.org
Who are the executives of Myfi Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.myfinyc.org
Where can I find the form 990EZ for Myfi Inc?
Myfi Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.myfinyc.org
Learn more at the official website: www.myfinyc.org
Mission Statement of Myfi Inc
Myfi Inc, as a nonprofit organization, focuses on lending microloans and offering financial guidance to aspiring entrepreneurs who are disadvantaged globally. Their mission is to support these entrepreneurs in acquiring essential commodities that contribute to the sustainability and profitability of their small businesses. During the recent tax period, Myfi successfully loaned to seven entrepreneurs, thereby enhancing the efficiency and profitability of their ventures. By providing financial assistance, Myfi Inc empowers these entrepreneurs, enabling them to build and grow their businesses.
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Impact
August, 2024
Myfi Inc's impact lies in providing crucial support to aspiring and disadvantaged entrepreneurs worldwide. By offering microloans and financial guidance, Myfi empowers individuals to improve their business efficiency and profitability. Through its work, Myfi has directly contributed to the sustainability and growth of small businesses, creating a positive ripple effect within communities. The organization's efforts in lending to seven entrepreneurs during the last tax period demonstrate its commitment to fostering economic empowerment and community improvement.
This information is meant to be a general summary of Myfi Inc. 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.
- Gross Receipts: $13,819
Assets and Liabilities:
- Total Assets: $12,673
- Total Liabilities: $0
- Net Assets: $12,673
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Organization Details
Phone
(917) 371-5346Main Address
545 WEST 110TH STREET APT6G, NEW YORK, NY, 10025
Website
www.myfinyc.orgNTEE Category
Code: S43 - Community improvement
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