Nonprofit · EIN 75-3146348
MICROCREDIT FOUNDATION INC
Tax-exempt · MINNETONKA, MN 55343
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $16,198 | $20,901 | -$4,703 | $311,820 | $181,002 | $130,818 |
| December 31, 2023 | 990-PF | $14,972 | $31,018 | -$16,046 | $317,148 | $181,627 | $135,521 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Interest
- $16,198
Expenses
- Grants and similar amounts paid
- $11,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $20,535
- Excise tax on investment income
- $224
Balance sheet and other
- Total assets, start of year
- $317,148
- Total assets, end of year
- $311,820
- Total liabilities, end of year
- $181,002
- Net assets, end of year
- $130,818
- Fair market value of assets
- $311,820
- Qualifying distributions
- $20,535
- Net investment income
- $16,198
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL G RAUENHORST 10350 BREN RD W, MINNETONKA, MN 55343 | V PRESIDENT/SECRETARY | 0.5 | $0 |
| ASAD MAHMOOD 10350 BREN RD W, MINNETONKA, MN 55343 | DIRECTOR | 0.1 | $0 |
| STEPHEN J MCCARTHY 10350 BREN RD W, MINNETONKA, MN 55343 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL G RAUENHORST 10350 BREN RD W, MINNETONKA, MN 55343 | V PRESIDENT/SECRETARY | 0.5 | $0 |
| ASAD MAHMOOD 10350 BREN RD W, MINNETONKA, MN 55343 | DIRECTOR | 0.1 | $0 |
| STEPHEN J MCCARTHY 10350 BREN RD W, MINNETONKA, MN 55343 | DIRECTOR | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- CO TAX DEPT 10350 BREN RD W, MINNETONKA, MN 55343-0000
- In care of
- % TAX DEPARTMENT
- Signed the 990-PF
- MICHAEL RAUENHORST, VICE PRESIDENT/SECRETARY
- Phone
- (952) 656-4805
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 75-3146348
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- International, foreign affairs and national security (Q32)
- Assets (IRS master file)
- $311,820
- Income (IRS master file)
- $16,198
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $16,198 | $20,901 | $311,820 | XML |
| 990-PF | December 2023 | $14,972 | $31,018 | $317,148 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-3146348).
Questions about MICROCREDIT FOUNDATION INC
- What is the EIN of MICROCREDIT FOUNDATION INC?
- The employer identification number (EIN) of MICROCREDIT FOUNDATION INC is 75-3146348.
- Is MICROCREDIT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to MICROCREDIT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MICROCREDIT FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MICROCREDIT FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MICROCREDIT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MICROCREDIT FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does MICROCREDIT FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $16,198, expenses of $20,901 and total assets of $311,820 at year end.
Other nonprofits in MINNETONKA
- SHELTER FOR LIFE INTERNATIONAL INC EIN 39-1657081 · last filed 990 for 2025
- STUDENTS SUPPORTING ISRAEL EIN 46-5347153 · last filed 990 for 2025
- HOPE FOR UGANDA INC EIN 41-1732849 · last filed 990 for 2024
- THRIVE KENYA EIN 87-3387392 · last filed 990-EZ for 2025
- CAMEROON CHILDRENS MINISTRY EIN 27-1721743 · last filed 990 for 2025
- AKADIMI FOUNDATION EIN 82-0596598 · last filed 990 for 2025
- ST PAUL-MINNEAPOLIS COMMITTEE ON FOREIGN RELATIONS EIN 41-1889874 · last filed 990-N for 2025
- MEDICA HEALTH PLANS EIN 41-1242261 · last filed 990 for 2024
All nonprofits in MINNETONKA · Minnesota · International, foreign affairs and national security