Daffy

Accion

Accion

Cambridge, MA 02138
Tax ID13-2535763

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About this organization

Revenue

$21,865,551

Expenses

$29,718,453

Website

accion.org

Mission

Accion is a global nonprofit committed to creating a financially inclusive world, with a pioneering legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of — or poorly served by — the financial sector. For nearly 60 years, Accion has helped tens of millions of people through its work with more than 160 partners in 55 countries.

About

See schedule O

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “To give people the financial tools they need to improve their lives.”.

Their activities were defined as: “Accion combines decades of experience with insights into emerging technologies to build a financially inclusive world and promote economic activity for all.”.

  • As per legal requirements, the non-profit's state of operation is reported as NY.
  • The non-profit's address in 2020 as per the filing is 10 FAWCETT STREET STE 204, Cambridge, MA, 02138.
  • The form of the non-profit organization shows 131 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$7,852,902.
  • The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 12 independent voting members.
  • The organization was formed in 1965.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $15,905,137 in salary, compensation, and benefits to its employees.
  • The organization pays $1,806,632 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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