Pact Global Microfinance Fund
Only 0% goes to programs Strong reserves Declining revenue
Pact Global Microfinance Fund is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2014, with $6,162,274 in FY2023 revenue. CharityIndex grades it C, and it directs about 0% of spending to programs.
1140 3rd Street Ne, Washington, DC, 20002 EIN 45-5008824 Since 2014
Revenue (FY2023)
$6.2M
▼ 83.6% vs prior year
International median: $227K
Expenses (FY2023)
$129K
Net assets
$20.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →FProgram efficiency40% of the rating0% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Pact Global Microfinance Fund: 0% to programs earns a F on this criterion. See the exact thresholds →
B+Financial health25% of the rating1943 mo reserves · +98% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pact Global Microfinance Fund: 1943 mo reserves · +98% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Pact Global Microfinance Fund: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pact Global Microfinance Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Using an integrated approach and local partnerships, pact global microfinance fund worked to create a world where those who are poor and marginalized exercise their voice, build their own solutions and take ownership of their future.
Contact & location
- Address
- 1140 3rd Street Ne, Washington, DC, 20002
- City
- Washington
- State
- District of Columbia
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $30.1M (FY2013) to $6.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $43.2MNet assets $20.8M
Operating margin
97.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$64.0M
Total liabilities
$43.2M
Net assets
$20.8M
Salaries & benefits
$0
0% of expenses
Board members
3
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $6,162,274▼83.6% | $128,793▼99.9% | $20,849,563▲40.7% | $64,033,020▼24.7% | 990 |
| 2022 | $37,673,305▼47.6% | $121,673,975▲20.7% | $14,816,082▼85.0% | $85,027,550▼62.3% | 990 |
| 2021 | $71,903,472▼37.3% | $100,830,596▼4.9% | $98,816,752▼22.5% | $225,283,966▼31.9% | 990 |
| 2020 | $114,675,880▲10.1% | $106,036,308▲72.7% | $127,551,984▼33.9% | $330,972,074▼33.3% | 990 |
| 2019 | $104,170,630▲44.7% | $61,382,070▲27.4% | $192,926,088▲52.2% | $496,488,480▲64.9% | 990 |
| 2018 | $71,980,377▲14.5% | $48,165,286▲14.6% | $126,757,657▲24.4% | $301,077,938▲32.9% | 990 |
| 2017 | $62,873,738▲15.7% | $42,026,415▲36.9% | $101,917,520▲7.3% | $226,557,821▲18.4% | 990 |
| 2016 | $54,363,344▲40.3% | $30,693,724▲13.3% | $95,026,445▲15.9% | $191,343,909▲11.1% | 990 |
| 2015 | $38,760,020▲30.1% | $27,097,515▼39.3% | $81,982,155▲23.9% | $172,201,443▲39.5% | 990 |
| 2014 | $29,785,064▼1.0% | $44,662,628▲119% | $66,180,381▼18.4% | $123,432,502▼10.2% | 990 |
| 2013 | $30,081,895 | $20,373,981 | $81,057,942 | $137,414,222 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Coo Pgmf — $1,161,567 (901.89% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Coo Pgmf | (thru 6/23) | 0 | $1,161,567 |
| Deputy Director Pgmf | (thru 6/23) | 0 | $698,958 |
| Finance Director Pgmf | (thru 6/23) | 0 | $568,562 |
| Caroline Anstey | Pres & Ceo (thru 6/24) | 5 | — |
| Ellen Varney | Board Chair | 1 | — |
| James Donovan | Board Member | 1 | — |
| Maria Barton | Secretary | 5 | — |
| Musa Mwenye | Board Member | 1 | — |
| Samantha Barbee | Treasurer (thru 4/24) | 5 | — |
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Compare Pact Global Microfinance Fund
Frequently asked questions
- Is Pact Global Microfinance Fund a legitimate nonprofit?
- Yes. Pact Global Microfinance Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-5008824, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Pact Global Microfinance Fund's EIN?
- Pact Global Microfinance Fund's Employer Identification Number (EIN) is 45-5008824.
- How much revenue does Pact Global Microfinance Fund report?
- Pact Global Microfinance Fund reported $6,162,274 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Pact Global Microfinance Fund's spending goes to programs?
- Pact Global Microfinance Fund spends about 0% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pact Global Microfinance Fund have?
- CharityIndex grades Pact Global Microfinance Fund C, based on program efficiency and fundraising cost.
- How much does Pact Global Microfinance Fund's highest-paid employee make?
- The highest reported compensation on Pact Global Microfinance Fund's latest Form 990 is $1,161,567, paid to Coo Pgmf ((thru 6/23)).
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Data for Pact Global Microfinance Fund (EIN 45-5008824) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.