Nonprofit · EIN 13-2535763
ACCION INTERNATIONAL
Also known as ACCION USA
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $23,763,541 | $33,127,519 | -$9,363,978 | $310,500,603 | $6,712,645 | $303,787,958 |
| December 31, 2023 | 990 | $33,965,389 | $31,225,710 | $2,739,679 | $372,785,749 | $6,776,883 | $366,008,866 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,028,090
- of which government grants
- $566,544
- Program service revenue
- $7,355,252
- Investment income
- $3,587,843
- Royalties
- $21
- Net rental income
- $792,335
- Net gain from sales of assets
- -$149,477
- Other revenue
- $792,356
Expenses
- Grants and similar amounts paid
- $3,792,674
- Compensation of officers, directors and key employees
- $3,909,733
- Salaries, compensation and benefits (total)
- $18,348,890
- Professional fundraising fees
- $0
- Legal fees
- $380,173
- Accounting fees
- $333,022
- Occupancy
- $921,686
- Travel
- $1,268,856
- Depreciation
- $33,337
- Program services (functional)
- $22,023,944
- Management and general (functional)
- $8,107,169
- Fundraising (functional)
- $2,996,406
Balance sheet and other
- Total assets, start of year
- $372,785,749
- Total assets, end of year
- $310,500,603
- Total liabilities, end of year
- $6,712,645
- Net assets, end of year
- $303,787,958
- Land, buildings and equipment
- $8,111
- Publicly traded securities
- $3,077,655
- Net assets without donor restrictions
- $285,695,944
- Net assets with donor restrictions
- $18,092,014
- Gross receipts
- $40,007,761
- Employees
- 106
- Volunteers
- 3
- Year formed
- 1965
- State of legal domicile
- NY
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL SCHLEIN | CEO Officer | 50 | $717,650 | $0 | $37,694 |
| ESTEBAN ALTSCHUL | COO (THRU 04/30/24) Officer | 50 | $646,815 | $0 | $72,650 |
| LIVINGSTON PARSONS III | CFO (THRU 09/30/24) Officer | 50 | $561,450 | $0 | $51,884 |
| JOHN FISCHER | CIO Key employee | 50 | $421,544 | $0 | $62,858 |
| VICTORIA WHITE | SENIOR VP Key employee | 50 | $333,492 | $0 | $64,031 |
| KARTHIK VENKATARAMAN | COO (AS OF 05/01/24) Officer | 50 | $326,987 | $0 | $27,464 |
| BRANDIE CONFORTI | SENIOR VP Highest-paid employee | 50 | $311,130 | $0 | $37,740 |
| MARIA HERMIDA | ASST. SEC & GENERAL COUNSEL Officer | 50 | $324,124 | $0 | $21,781 |
| MELISSA BAEZ | SENIOR VP Highest-paid employee | 50 | $292,635 | $0 | $50,757 |
| AMEE PARBHOO | SENIOR VP Former | 0 | $27,361 | $274,237 | $37,420 |
| CHRIS COXON | SENIOR VP Highest-paid employee | 50 | $280,773 | $0 | $45,222 |
| NATASA GORONJA | SENIOR VP Highest-paid employee | 50 | $249,645 | $0 | $31,585 |
| RAMON SOTO | VP Highest-paid employee | 50 | $220,847 | $0 | $32,385 |
| ELLEN BAUER | ASSISTANT SECRETARY Officer | 50 | $110,570 | $0 | $39,688 |
| PAULO SILVA | CFO (AS OF 10/01/24) Officer | 50 | $75,120 | $0 | $13,932 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA TAYLOR | CHAIR Trustee or director, Officer | 6 | $0 |
| RON HOGE | VICE CHAIR Trustee or director, Officer | 6 | $0 |
| BARBARA LUCAS | VICE CHAIR Trustee or director, Officer | 6 | $0 |
| PHILLIP RIESE | TREASURER Trustee or director, Officer | 6 | $0 |
| THOMAS C BARRY | SECRETARY Trustee or director, Officer | 6 | $0 |
| JULIET ANAMMAH | DIRECTOR Trustee or director | 1 | $0 |
| BEVERLY ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
| TS ANIL | DIRECTOR Trustee or director | 1 | $0 |
| BOB ANNIBALE | DIRECTOR Trustee or director | 1 | $0 |
| TITUS BRENNINKMEIJER | DIRECTOR Trustee or director | 1 | $0 |
| GINA HARMAN | DIRECTOR (AS OF 02/26/24) Trustee or director | 1 | $0 |
| BETH HURVITZ | DIRECTOR Trustee or director | 1 | $0 |
| TARA KENNEY | DIRECTOR Trustee or director | 1 | $0 |
| LINDA KIRKPATRICK | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH MCCAUL | DIRECTOR Trustee or director | 1 | $0 |
| HENRY MILLER | DIRECTOR Trustee or director | 1 | $0 |
| ERAJ SHIRVANI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 32 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ESTEBAN ALTSCHUL | COO Officer | 50 | $621,412 | $0 | $75,711 |
| MICHAEL SCHLEIN | CEO Officer | 50 | $560,705 | $0 | $36,826 |
| JOHN FISCHER | CIO Key employee | 50 | $358,721 | $0 | $51,408 |
| MAYADA EL-ZOGHBI | SENIOR VP Highest-paid employee | 50 | $363,269 | $0 | $30,643 |
| NJORD ANDREWES | SENIOR VP Highest-paid employee | 0 | $0 | $298,767 | $51,663 |
| AMEE PARBHOO | SENIOR VP (AS OF 02/01/23) Highest-paid employee | 50 | $91,169 | $212,934 | $38,471 |
| VICTORIA WHITE | SENIOR VP Highest-paid employee | 50 | $279,365 | $0 | $56,212 |
| LIVINGSTON PARSONS III | CFO Officer | 50 | $270,873 | $0 | $57,364 |
| MARIA HERMIDA | Asst. SEC & General Counsel Officer | 50 | $285,027 | $0 | $23,472 |
| MELISSA BAEZ | SENIOR VP Highest-paid employee | 50 | $249,297 | $0 | $45,307 |
| VIKAS RAJ | SENIOR VP Former | 0 | $262,698 | $0 | $0 |
| TAHIRA DOSANI | SENIOR VP Former | 0 | $262,698 | $0 | $0 |
| BRANDIE CONFORTI | SENIOR VP Key employee | 50 | $207,919 | $0 | $25,666 |
| ELLEN BAUER | ASSISTANT SECRETARY Officer | 50 | $98,066 | $0 | $19,386 |
| DIANA TAYLOR | CHAIR Trustee or director, Officer | 6 | $0 | $0 | $0 |
| RON HOGE | VICE CHAIR Trustee or director, Officer | 6 | $0 | $0 | $0 |
| BARBARA LUCAS | VICE CHAIR (AS OF 06/01/23) Trustee or director, Officer | 6 | $0 | $0 | $0 |
| PHILIP RIESE | TREASURER Trustee or director, Officer | 6 | $0 | $0 | $0 |
| THOMAS C BARRY | SECRETARY ( AS OF 06/01/23) Trustee or director, Officer | 6 | $0 | $0 | $0 |
| JULIET ANAMMAH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BEVERLY ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TS ANIL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BOB ANNIBALE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TITUS BRENNINKMEIJER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BETH HURVITZ | DIRECTOR (AS OF 06/01/23) Trustee or director | 1 | $0 | $0 | $0 |
| TARA KENNEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LINDA KIRKPATRICK | DIRECTOR (AS OF 06/01/23) Trustee or director | 1 | $0 | $0 | $0 |
| ELIZABETH McCAUL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL MIEBACH | DIRECTOR (THRU 11/01/23) Trustee or director | 1 | $0 | $0 | $0 |
| HENRY MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERAJ SHIRVANI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NICK TALWAR | DIRECTOR (THRU 02/01/23) Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 15TH ST NW STE 400, WASHINGTON, DC 20005-5002
- In care of
- % PAULO SILVA
- Principal officer (990 for 2024)
- MICHAEL SCHLEIN, 1101 15TH STREET NW SUITE 400, WASHINGTON, DC 20005
- Signed the 990
- PAULO SILVA, CFO
- Phone
- (202) 393-5113
- Website
- WWW.ACCION.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
OUR MISSION IS TO CREATE A FAIR AND INCLUSIVE ECONOMY WHERE UNDERSERVED PEOPLE HAVE QUALITY FINANCIAL CHOICES AND OPPORTUNITIES TO IMPROVE THEIR ECONOMIC WELL-BEING. WE FIND AND HELP BUILD INNOVATIVE COMPANIES WITH THE POTENTIAL TO REACH LARGE NUMBERS OF UNDERSERVED PEOPLE AND ACCELERATE THEIR GROWTH. WE WORK WITH OUR PARTNERS TO DESIGN, TEST, AND DEPLOY AFFORDABLE DIGITAL SOLUTIONS THAT STRENGTHEN CLIENTS' FINANCIAL HEALTH AND ECONOMIC WELL-BEING. WE CONDUCT IN-DEPTH RESEARCH AND SHARE OUR LEARNINGS TO ADVANCE RESPONSIBLE FINANCIAL SOLUTIONS AND SYSTEMS.
Program accomplishments
- SEE SCHEDULE OGLOBAL PROGRAMS: TODAY, 1.6 BILLION PEOPLE ARE LEFT OUT OF OR POORLY SERVED BY THE WORLD'S FORMAL FINANCIAL SECTOR AND LACK THE FINANCIAL SOLUTIONS THEY NEED TO END POVERTY IN THEIR COMMUNITIES. ACCION IS A GLOBAL NONPROFIT COMMITTED TO CREATING A FAIR AND INCLUSIVE ECONOMY, HELPING FAMILIES AND BUSINESSES REACH THEIR ECONOMIC POTENTIAL AND BUILD BETTER LIVES. OUR GLOBAL PROGRAMS INCLUDE ACCION ADVISORY, A TEAM OF EXPERTS THAT HELPS COMPANIES PROVIDE INNOVATIVE AND AFFORDABLE FINANCIAL SOLUTIONS TO SMALL BUSINESSES AND HARD-TO-REACH CUSTOMERS IN EMERGING MARKETS. IT CONNECTS LOCAL ECOSYSTEM ACTORS, HARNESSING PHILANTHROPIC CAPITAL AND THE LATEST TECHNOLOGIES TO TEST, IMPROVE, AND SCALE RESPONSIBLE FINANCIAL SOLUTIONS THAT ENABLE SMALL BUSINESS OWNERS AND THEIR FAMILIES TO IMPROVE THEIR ECONOMIC WELL-BEING. IN 2024, ACCION ADVISORY USED ITS DEEP TECHNICAL EXPERTISE, LOCAL INSIGHTS, AND INDUSTRY CONNECTIONS TO DEVELOP MARKET-LED SOLUTIONS FOR HARD-TO-REACH CUSTOMERS, FOCUSING ON AREAS WHERE IT CAN ADD MAXIMUM VALUE TO TRANSFORM THE LIVES OF UNDERSERVED PEOPLE GLOBALLY: DIGITAL TRANSFORMATION, EMBEDDED FINANCE, WOMEN'S ECONOMIC EMPOWERMENT, AGRI-FINANCE, AND ALTERNATIVE DATA.Expenses $11,573,499 · grants $2,985,610 · revenue $809,967
- SEE SCHEDULE OINVESTMENT STRATEGIES: AT ACCION, WE KNOW FINANCIAL SERVICES ARE POWERFUL TOOLS TO HELP REDUCE POVERTY AND CREATE OPPORTUNITY. WE FIND AND HELP BUILD INNOVATIVE COMPANIES WITH THE POTENTIAL TO REACH LARGE NUMBERS OF UNDERSERVED PEOPLE AND ACCELERATE THEIR GROWTH BY INVESTING CAPITAL AND PROVIDING STRATEGIC GOVERNANCE AND ADVICE. WE FOCUS ON SOCIAL IMPACT, DRIVING SYSTEMS-LEVEL CHANGE. WE MAKE EQUITY AND QUASI-EQUITY INVESTMENTS FROM PRE-SEED TO GROWTH-STAGE AND PRIORITIZE INVESTMENTS IN SOUTH AND SOUTHEAST ASIA, LATIN AMERICA, SUB-SAHARAN AFRICA, AND THE UNITED STATES. IN 2024, ACCION CONTINUED TO SUPPORT ITS PARTNERS TO DIGITIZE AND SCALE OPERATIONS SO THEY CAN SERVE VULNERABLE CLIENTS IN A RAPIDLY DIGITIZING WORLD.Expenses $4,531,066 · grants $724,204 · revenue $5,841,960
- SEE SCHEDULE OCENTER FOR FINANCIAL INCLUSION: LAUNCHED IN 2008, THE CENTER FOR FINANCIAL INCLUSION (CFI) IS AN INDEPENDENT GLOBAL THINK TANK HOUSED AT ACCION THAT USES RIGOROUS RESEARCH AND ADVOCACY TO ADVANCE INCLUSIVE FINANCIAL SYSTEMS FOR LOW-INCOME PEOPLE AROUND THE WORLD. IT LEVERAGES PARTNERSHIPS TO CONDUCT RESEARCH, TEST PROMISING SOLUTIONS, AND THEN ADVOCATE FOR EVIDENCE-BASED CHANGE. CFI CONDUCTS RESEARCH RELATED TO ITS FOUR STRATEGIC PRIORITIES: CONSUMER PROTECTION, DATA RISKS AND OPPORTUNITIES, WOMEN'S FINANCIAL INCLUSION, AND FINANCIAL SERVICES TO MITIGATE AND ADAPT TO CLIMATE CHANGE. CFI HOSTS FINANCIAL INCLUSION WEEK, AN ANNUAL VIRTUAL EVENT THAT IN 2024 CONVENED MORE THAN 3,000 POLICY EXPERTS, FINANCIAL SERVICE PROVIDERS, ANALYSTS, AND INDUSTRY LEADERS TO DISCUSS THE MOST PRESSING TOPICS IN THE INCLUSIVE FINANCE SECTOR. IN 2024, CFI CONVENED THE RESPONSIBLE FINANCE FORUM (RFF) IN FORTALEZA, BRAZIL, BRINGING TOGETHER GLOBAL STAKEHOLDERS TO SHARE IDEAS, RESEARCH, AND SOLUTIONS ON EMERGING CONSUMER RISKS IN INCLUSIVE FINANCE.Expenses $3,300,007 · revenue $114,800
- EDUCATION AND COMMUNICATION: ACCION'S COMMUNICATIONS FOCUS ON THE TRANSFORMATIVE POWER OF FINANCIAL INCLUSION TO ACCELERATE SOCIAL AND ECONOMIC PROGRESS FOR UNDERSERVED COMMUNITIES AROUND THE WORLD. IN 2024, ACCION SHOWCASED THE IMPORTANCE OF DIGITAL FINANCIAL SOLUTIONS FOR ENTREPRENEURS AND INNOVATION THROUGH CLIENT-FOCUSED STORYTELLING, ALONG WITH PAPERS, TOOLKITS, AND CASE STUDIES PROMOTING WAYS OF BETTER MEETING THE NEEDS OF THE 1.6 BILLION PEOPLE WHO ARE LEFT OUT OR POORLY SERVED BY THE GLOBAL FINANCIAL SYSTEM.Expenses $2,619,372 · grants $82,860 · revenue $588,525
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-2535763
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q320)
- Assets (IRS master file)
- $310,500,603
- Income (IRS master file)
- $40,007,761
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $23,763,541 | $33,127,519 | $310,500,603 | XML |
| 990 | December 2023 | $33,965,389 | $31,225,710 | $372,785,749 | XML |
| 990 | December 2022 | $26,132,981 | $30,828,074 | $427,090,566 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 13-2535763).
Questions about ACCION INTERNATIONAL
- What is the EIN of ACCION INTERNATIONAL?
- The employer identification number (EIN) of ACCION INTERNATIONAL is 13-2535763.
- Is ACCION INTERNATIONAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to ACCION INTERNATIONAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACCION INTERNATIONAL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACCION INTERNATIONAL 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 ACCION INTERNATIONAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ACCION INTERNATIONAL?
- The 990 for the year ended December 31, 2024 names MICHAEL SCHLEIN.
- Who are the officers and directors of ACCION INTERNATIONAL?
- The 990 for the year ended December 31, 2024 lists 32 people; 15 received compensation from the organization, the highest $717,650 (MICHAEL SCHLEIN, CEO).
- How much revenue does ACCION INTERNATIONAL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $23,763,541, expenses of $33,127,519 and total assets of $310,500,603 at year end.
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