Program areas at Mojaloop Foundation
The organization maintains the free, open source software, Mojaloop, and its community as public goods in service of financial inclusion. Merchants, central banks, service providers, government offices, and other entities looking to build inclusive payments platforms can use mojaloop--whole, adapted, or as a real-time payments reference model. Membership is open to mission-driven, non-governmental and technology entities focused on advancing financial inclusion. Training, events, and other educational activities are provided to the community, and participation in the community is open and free to all.
Who funds Mojaloop Foundation
Grants from foundations and other nonprofits
Personnel at Mojaloop Foundation
| Name | Title | Compensation | Date of data |
|---|
| Paula Hunter | Executive Director | $0 | 2024-11-18 |
| Robert Ron | Treasurer | $0 | 2024-11-18 |
| Konstantin Peric | Chair | $0 | 2024-11-18 |
Financials for Mojaloop Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $4,713,288 | $2,254,793 | 109% |
| Program services | $705,833 | $797,500 | -11.5% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $5,419,121 | $3,052,293 | 77.5% |
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Data update history
December 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Used new vendors
Identified 2 new vendors, including , and
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
International-focused organizationsBusiness and community development organizationsResearch centersCharities
Issues
Science and technologyForeign affairsInternational development
Characteristics
MembershipsConducts researchTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 401 Edgewater Pl 600
- Wakefield, MA 01880
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Middlesex County, MA
- Website URL
- mojaloop.io/foundation/Â
- Phone
- (781) 246-0500
IRS details
- EIN
- 85-0922903
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2020
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- Q33: International Relief
- NAICS code, primary
- 5112: Software Publishers
- Parent/child status
- Independent
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