84
Mifos Initiative
Community Development · Seattle, Washington
1546 Nw 56Th Street 409, Seattle, WA 98107-5209
EIN: 453613178· Founded: Jul 2013· 13 years active· Filing Year: 2023
Annual Revenue
$2.7M
Total Expenses
$2.8M
Total Assets
$707K
Program Spending
85%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$110K
3.9% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$6K
Total Payroll
$116K
4% of total expenses
Where the Money Goes
85%
Programs: 85%
Payroll: 4%
Other overhead: 15%
Program Revenue$2.4M (88%)
Total Expenses$2.8M (100%)
Payroll$116K (4%)
Overhead (non-program)15%
Trust Score Breakdown
Program Spending Ratio
85% of expenses go to programs
Revenue & Stability
$2.7M annual revenue
Executive Compensation
$110K total officer comp (3.9% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$707K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.