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Employer Identification Number 54-2013523

THE MICRODREAMS FOUNDATION INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:THE MICRODREAMS FOUNDATION INC
Employer identification number (EIN):54-2013523
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE MICRODREAMS FOUNDATION PROVIDES DIRECT INVESTMENTS, BILATERAL LOANS AND LOAN GUARANTEES TO HIGHLY RATED SMALL MICROFINANCE INSTITUTIONS, ENSURING FUNDS CONTINUE TO REACH ENTREPENEURS IN NEED THROUGHOUT THE DEVELOPING WORLD.
Number of Employees0
Number of Volunteers6
Year Formed2000

Organization Governance

Legal DomicileVA
Voting Members - Governing Body6
Voting Members - Independent5

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 219,003
Program Service Revenue from current yearUSD $ 162,331
Investment Income from prior yearUSD $ 577
Investment Income from current yearUSD $ 1,240
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 387,232
Net assets / fund balances at end of fiscal yearUSD $ 2,474,377
Net assets / fund balances at beginning of fiscal yearUSD $ 2,313,829
Total liabilities at end of fiscal yearUSD $ 24,477
Total liabilities at beginning of fiscal yearUSD $ 49,832
Total assets at end of fiscal yearUSD $ 2,498,854
Total assets at beginning of fiscal yearUSD $ 2,363,661
Revenues less expenses for current yearUSD $ 159,861
Revenues less expenses for previous yearUSD $ 284,685
Total expenses for current yearUSD $ 227,371
Total expenses for previous yearUSD $ 157,064
Other expenses in current yearUSD $ 77,371
Other expenses in previous yearUSD $ 19,464
Total fundraising expenses in current yearUSD $ 9,044
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 150,000
Employee salary and benefits paid in previous yearUSD $ 135,600
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 2,000
Total revenue in current fiscal yearUSD $ 387,232
Total revenue in previous fiscal yearUSD $ 441,749
Contributions and grants from current yearUSD $ 223,661
Contributions and grants from previous yearUSD $ 222,169
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 119,444
Program Service Revenue from current yearUSD $ 125,688
Investment Income from prior yearUSD $ 83
Investment Income from current yearUSD $ 25
Other Revenue from prior yearUSD $ 802
Other Revenue from current yearUSD $ 560
Gross receipts from all sourcesUSD $ 491,604
Net assets / fund balances at end of fiscal yearUSD $ 2,024,520
Net assets / fund balances at beginning of fiscal yearUSD $ 1,769,996
Total liabilities at end of fiscal yearUSD $ 24,019
Total liabilities at beginning of fiscal yearUSD $ 36,803
Total assets at end of fiscal yearUSD $ 2,048,539
Total assets at beginning of fiscal yearUSD $ 1,806,799
Revenues less expenses for current yearUSD $ 253,220
Revenues less expenses for previous yearUSD $ 211,394
Total expenses for current yearUSD $ 238,384
Total expenses for previous yearUSD $ 151,884
Other expenses in current yearUSD $ 174,427
Other expenses in previous yearUSD $ 151,884
Total fundraising expenses in current yearUSD $ 9,145
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 63,957
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 491,604
Total revenue in previous fiscal yearUSD $ 363,278
Contributions and grants from current yearUSD $ 365,331
Contributions and grants from previous yearUSD $ 242,949
Total of other revenueUSD $ 560
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 107,080
Program Service Revenue from current yearUSD $ 119,444
Investment Income from prior yearUSD $ 61
Investment Income from current yearUSD $ 83
Other Revenue from prior yearUSD $ 330
Other Revenue from current yearUSD $ 802
Gross receipts from all sourcesUSD $ 364,337
Net assets / fund balances at end of fiscal yearUSD $ 1,769,996
Net assets / fund balances at beginning of fiscal yearUSD $ 1,557,543
Total liabilities at end of fiscal yearUSD $ 36,803
Total liabilities at beginning of fiscal yearUSD $ 30,706
Total assets at end of fiscal yearUSD $ 1,806,799
Total assets at beginning of fiscal yearUSD $ 1,588,249
Revenues less expenses for current yearUSD $ 211,394
Revenues less expenses for previous yearUSD $ 231,794
Total expenses for current yearUSD $ 151,884
Total expenses for previous yearUSD $ 172,298
Other expenses in current yearUSD $ 151,884
Other expenses in previous yearUSD $ 172,298
Total fundraising expenses in current yearUSD $ 8,318
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 363,278
Total revenue in previous fiscal yearUSD $ 404,092
Contributions and grants from current yearUSD $ 242,949
Contributions and grants from previous yearUSD $ 296,621
Total of other revenueUSD $ 802
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 102,769
Program Service Revenue from current yearUSD $ 107,080
Investment Income from prior yearUSD $ 3,374
Investment Income from current yearUSD $ 61
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 330
Gross receipts from all sourcesUSD $ 404,092
Net assets / fund balances at end of fiscal yearUSD $ 1,557,543
Net assets / fund balances at beginning of fiscal yearUSD $ 1,325,797
Total liabilities at end of fiscal yearUSD $ 30,706
Total liabilities at beginning of fiscal yearUSD $ 17,900
Total assets at end of fiscal yearUSD $ 1,588,249
Total assets at beginning of fiscal yearUSD $ 1,343,697
Revenues less expenses for current yearUSD $ 231,794
Revenues less expenses for previous yearUSD $ 182,499
Total expenses for current yearUSD $ 172,298
Total expenses for previous yearUSD $ 143,617
Other expenses in current yearUSD $ 172,298
Other expenses in previous yearUSD $ 143,617
Total fundraising expenses in current yearUSD $ 7,460
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 404,092
Total revenue in previous fiscal yearUSD $ 326,116
Contributions and grants from current yearUSD $ 296,621
Contributions and grants from previous yearUSD $ 219,973
Total of other revenueUSD $ 330
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 100,762
Program Service Revenue from current yearUSD $ 102,769
Investment Income from prior yearUSD $ 231
Investment Income from current yearUSD $ 3,374
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 364,840
Net assets / fund balances at end of fiscal yearUSD $ 1,325,797
Net assets / fund balances at beginning of fiscal yearUSD $ 1,141,896
Total liabilities at end of fiscal yearUSD $ 17,900
Total liabilities at beginning of fiscal yearUSD $ 57,060
Total assets at end of fiscal yearUSD $ 1,343,697
Total assets at beginning of fiscal yearUSD $ 1,198,956
Revenues less expenses for current yearUSD $ 182,499
Revenues less expenses for previous yearUSD $ 164,669
Total expenses for current yearUSD $ 143,617
Total expenses for previous yearUSD $ 98,504
Other expenses in current yearUSD $ 143,617
Other expenses in previous yearUSD $ 98,504
Total fundraising expenses in current yearUSD $ 6,943
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 326,116
Total revenue in previous fiscal yearUSD $ 263,173
Contributions and grants from current yearUSD $ 219,973
Contributions and grants from previous yearUSD $ 162,180
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 104,495
Program Service Revenue from current yearUSD $ 100,762
Investment Income from prior yearUSD $ 73
Investment Income from current yearUSD $ 231
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 263,173
Net assets / fund balances at end of fiscal yearUSD $ 1,141,896
Net assets / fund balances at beginning of fiscal yearUSD $ 977,227
Total liabilities at end of fiscal yearUSD $ 57,060
Total liabilities at beginning of fiscal yearUSD $ 316,833
Total assets at end of fiscal yearUSD $ 1,198,956
Total assets at beginning of fiscal yearUSD $ 1,294,060
Revenues less expenses for current yearUSD $ 164,669
Revenues less expenses for previous yearUSD $ 96,424
Total expenses for current yearUSD $ 98,504
Total expenses for previous yearUSD $ 174,541
Other expenses in current yearUSD $ 98,504
Other expenses in previous yearUSD $ 174,541
Total fundraising expenses in current yearUSD $ 6,983
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 263,173
Total revenue in previous fiscal yearUSD $ 270,965
Contributions and grants from current yearUSD $ 162,180
Contributions and grants from previous yearUSD $ 166,397
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 105,547
Program Service Revenue from current yearUSD $ 104,495
Investment Income from prior yearUSD $ 60
Investment Income from current yearUSD $ 73
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 270,965
Net assets / fund balances at end of fiscal yearUSD $ 977,227
Net assets / fund balances at beginning of fiscal yearUSD $ 880,803
Total liabilities at end of fiscal yearUSD $ 316,833
Total liabilities at beginning of fiscal yearUSD $ 327,233
Total assets at end of fiscal yearUSD $ 1,294,060
Total assets at beginning of fiscal yearUSD $ 1,208,036
Revenues less expenses for current yearUSD $ 96,424
Revenues less expenses for previous yearUSD $ 148,392
Total expenses for current yearUSD $ 174,541
Total expenses for previous yearUSD $ 176,869
Other expenses in current yearUSD $ 174,541
Other expenses in previous yearUSD $ 125,259
Total fundraising expenses in current yearUSD $ 7,280
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 51,610
Total revenue in current fiscal yearUSD $ 270,965
Total revenue in previous fiscal yearUSD $ 325,261
Contributions and grants from current yearUSD $ 166,397
Contributions and grants from previous yearUSD $ 219,654
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 87,239
Program Service Revenue from current yearUSD $ 105,547
Investment Income from prior yearUSD $ 10
Investment Income from current yearUSD $ 60
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 325,261
Net assets / fund balances at end of fiscal yearUSD $ 880,803
Net assets / fund balances at beginning of fiscal yearUSD $ 732,411
Total liabilities at end of fiscal yearUSD $ 327,233
Total liabilities at beginning of fiscal yearUSD $ 335,360
Total assets at end of fiscal yearUSD $ 1,208,036
Total assets at beginning of fiscal yearUSD $ 1,067,771
Revenues less expenses for current yearUSD $ 148,392
Revenues less expenses for previous yearUSD $ -6,263
Total expenses for current yearUSD $ 176,869
Total expenses for previous yearUSD $ 207,536
Other expenses in current yearUSD $ 125,259
Other expenses in previous yearUSD $ 207,536
Total fundraising expenses in current yearUSD $ 8,215
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 51,610
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 325,261
Total revenue in previous fiscal yearUSD $ 201,273
Contributions and grants from current yearUSD $ 219,654
Contributions and grants from previous yearUSD $ 114,024

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 542013523

USA Mailing Address
60 PARK PLACE SUITE 2100
NEWARK
NJ
07102
Date first seen: 2007-01-01
Date last seen: 2025-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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