AnnuAl RepoRt FY 2008 - Microfinance Information Exchange

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Statements of ActivitiesFor the year ended June 30, <strong>2008</strong> For the year ended June 30, 2007UnrestrictedTemporarilyRestrictedTotals Unrestricted TemporarilyRestrictedTotalsRevenue:Contributions $75,000 - $75,000 $180,100 - $180,100Grants and contracts $821,042 $2,461,000 $3,282,042 $429,075 $612,225 $1,041,300Consulting income $21,524 - $21,524 $27,800 - $27,800Sales and other income $33,382 - $33,382 $14,557 - $14,557Investment income $2,212 - $2,212 - - -Net assets released$1,112,464 ($1,112,464) - $553,613 ($553,613) -from restrictionsTotal Revenue $2,065,624 $1,348,536 $3,414,160 $1,205,145 $58,612 $1,263,757Expenses:Program services $1,471,471 - $1,471,471 $1,408,037 - $1,408,037Supporting services:Management and general $202,645 - $202,645 $169,671 - $169,671Fundraising $29,904 - $29,904 $54,445 - $54,445Total supporting services $232,549 - $232,549 $224,116 - $224,116Total expenses $1,704,020 - $1,704,020 $1,632,153 - $1,632,153Change in net assets $361,604 $1,348,536 $1,710,140 ($427,008) $58,612 ($368,396)Net assets, beginning of year $740,633 $58,612 $799,245 $1,167,641 - $167,641Net assets, end of year $1,102,237 $1,407,148 $2,509,385 $740,633 $58,612 $799,24538
Statements of Functional ExpensesProgramServicesFor the year ended June 30, <strong>2008</strong> For the year ended June 30, 2007ManagementandGeneralTotalProgramServicesFundraisingManagementandGeneralFundraisingSalaries and benefits $671,435 $102,690 $15,798 $789,923 $724,111 $91,050 $29,125 $844,286Employee training - - - - $5,185 - - $5,185Travel and subsistence $82,479 $182 - $82,661 $72,632 $14 $10,828 $83,474Professional fees $352,118 $54,107 $7,217 $413,442 $182,339 $58,064 $5,036 $245,439Printing andreproductionTotal$32,656 $630 - $33,286 $33,233 $3,910 $1,955 $39,098Postage and delivery $6,100 $933 $144 $7,177 $14,786 $1,740 $870 $17,396Telecommunications $19,617 $3,000 $462 $23,079 $16,472 $1,938 $969 $19,379Depreciation expense $169,090 $25,861 $3,979 $198,930 $196,127 $928 $297 $197,352Equipment rentaland service$9,475 $1,449 $223 $11,147 $10,145 $1,194 $597 $11,936Insurance $4,468 $683 $105 $5,256 $2,929 $345 $172 $3,446Memberships, dues $4,039 $618 $95 $4,752 $53,120 $315 $350 $53,785and subscriptionsOffice supplies $5,248 $803 $123 $6,174 $8,509 $1,001 $501 $10,011Rent $70,928 $10,848 $1,669 $83,445 $67,914 $8,540 $2,732 $79,186Miscellaneous $43,818 $841 $89 $44,748 $20,535 $632 $1,013 $22,180Totals $1,471,471 $202,645 $29,904 $1,704,020 $1,408,037 $169,671 $54,445 $1,632,15339
Page 1: Annual ReportFY 2008MicrofinanceInf
Page 5 and 6: 2009 is likely to be a transformati
Page 7 and 8: MIX's Core Funders are:Bill & Melin
Page 9 and 10: Omidyar NetworkPierre Omidyar, the
Page 11 and 12: Board of DirectorsMIX is overseen b
Page 14: Building on Knowledge: A Strategic
Page 17 and 18: *Regional Abbreviations:Africa —
Page 19 and 20: “Having an independent report lik
Page 21 and 22: Research Publishedin FY 2008:Resili
Page 23 and 24: Social PerformanceSocial performanc
Page 25 and 26: FY 2008, MIX Presented Datafrom the
Page 27 and 28: In FY 2008, MIX Presented Datafrom
Page 29 and 30: In FY 2008, MIX Presented Datafrom
Page 32 and 33: MIX’s Partners are:Africa:AMEFIGH
Page 34 and 35: A Look ForwardCollecting, presentin
Page 36: Social PerformanceStandardsThe goal
Page 39: Statements of Cash FlowsCash Flows

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