Nonprofit · EIN 71-0992446
KIVA MICROFUNDS
Tax-exempt · SAN FRANCISCO, CA 94105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $39,775,082 | $34,544,467 | $5,230,615 | $209,958,219 | $175,069,868 | $34,888,351 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $33,841,076
- Program service revenue
- $1,000,751
- Investment income
- $3,896,379
- Net gain from sales of assets
- -$25,610
- Other revenue
- $1,036,876
Expenses
- Grants and similar amounts paid
- $209,478
- Compensation of officers, directors and key employees
- $2,540,570
- Other salaries and wages
- $11,497,788
- Salaries, compensation and benefits (total)
- $17,825,165
- Professional fundraising fees
- $0
- Legal fees
- $334,389
- Accounting fees
- $348,219
- Occupancy
- $545,759
- Travel
- $415,172
- Depreciation
- $3,559,118
- Program services (functional)
- $25,488,781
- Management and general (functional)
- $5,927,148
- Fundraising (functional)
- $3,128,538
Balance sheet and other
- Total assets, start of year
- $219,677,619
- Total assets, end of year
- $209,958,219
- Total liabilities, end of year
- $175,069,868
- Net assets, end of year
- $34,888,351
- Land, buildings and equipment
- $5,256,346
- Net assets without donor restrictions
- $19,624,772
- Net assets with donor restrictions
- $15,263,579
- Gross receipts
- $39,826,467
- Employees
- 137
- Volunteers
- 460
- Year formed
- 2005
- State of legal domicile
- CA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| VISHAL GHOTGE | CEO Trustee or director, Officer | 40 | $536,837 | $0 | $16,740 |
| VICTOR PAULSAMY | CTO Officer | 40 | $380,169 | $0 | $16,740 |
| AUSTIN CHOI | GENERAL COUNSEL Officer | 40 | $377,460 | $0 | $16,740 |
| DONALD CARTER | EXEC. VP, PEOPLE & PLACES Officer | 40 | $306,562 | $0 | $16,740 |
| ANNA TITULAER | EXEC. VP, PARTNERSHIPS & COMMUNICATIONS Officer | 40 | $285,524 | $0 | $16,740 |
| KATHLEEN GUIS | EXEC. VP, IMPACT INV Officer | 40 | $277,951 | $0 | $16,740 |
| NATHAN GEORGE | SENIOR DIRECTOR, ENGINEERING Highest-paid employee | 40 | $262,628 | $0 | $14,240 |
| PRADEEP RAGOTHAMAN | DIRECTOR OF DATA SCIENCE Highest-paid employee | 40 | $238,292 | $0 | $16,740 |
| SHEHAAM HOUKAL | SENIOR DIRECTOR, PRODUCT Highest-paid employee | 40 | $234,066 | $0 | $16,740 |
| MARGO JOHNSON | SENIOR DIRECTOR, PRODUCT Highest-paid employee | 40 | $229,133 | $0 | $16,740 |
| HENRY W HOBBS | DIRECTOR OF SOFTWARE DEVELOPMENT Highest-paid employee | 40 | $214,990 | $0 | $14,240 |
| RICHARD CARTER-BROWN | INTERIM CFO Officer | 40 | $179,525 | $0 | $16,740 |
| JULIE HANNA FARRIS | BOARD OF DIRECTOR Trustee or director | 10 | $0 | $108,000 | $0 |
| JOHN MULLER | BOARD OF DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MAYA CHORENGEL | BOARD OF DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDRE HADDAD | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
| SILVIJA MARTINCEVIC | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
| REID HOFFMAN | BOARD OF DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 535 MISSION ST 1725, SAN FRANCISCO, CA 94105-2997
- In care of
- % MATTHEW FLANNERY
- Principal officer (990 for 2024)
- BRYAN WOLINER, 182 HOWARD STREET 414, SAN FRANCISCO, CA 94105
- Signed the 990
- BRYAN WOLINER, CHIEF FINANCIAL OFFICER
- Phone
- (828) 479-5482
- Return prepared by
- ABBOTT STRINGHAM & LYNCH
Mission
KIVA IS A NON-PROFIT ORGANIZATION WITH A MISSION TO EXPAND FINANCIAL ACCESS TO HELP UNDERSERVED COMMUNITIES THRIVE BY PROVIDING AN ONLINE PLATFORM THAT FACILITATES MICROLOANS GLOBALLY; BEING A MANAGER OF IMPACT INVESTMENT FUNDS (AS AN EXEMPT REPORTING ADVISER).
Program accomplishments
- KIVA PARTNERS WITH 206 ACTIVE GLOBAL MICROFINANCE INSTITUTIONS ("MFIS") AND OTHER SOCIALLY MINDED ORGANIZATIONS AND ENTERPRISES IN NINETY-SIX (96) COUNTRIES. THIS NETWORK OF PARTNERSHIPS ENABLES KIVA TO CONNECT WITH BORROWERS SEEKING MICRO-LOANS. KIVA'S PARTNER ORGANIZATIONS ARE RESPONSIBLE FOR SELECTING AND VETTING THE BORROWERS AND ADMINISTERING THE LOANS. KIVA'S ONLINE PLATFORM CONNECTS THESE BORROWERS WITH INDIVIDUALS WHO WANT TO CONTRIBUTE LOAN FUNDS VIA THE INTERNET.KIVA ALSO FACILITATES DIRECT LOANS TO INDIVIDUALS IN THE UNITED STATES.KIVA CREATED KIVA- DAF, LLC ("KDAF") IN 2013 TO HOLD DONOR ADVISED FUNDS.Expenses $25,488,781 · grants $209,478 · revenue $2,012,017
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 71-0992446
- 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
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q20)
- Assets (IRS master file)
- $209,958,219
- Income (IRS master file)
- $39,826,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $34,727,565 | $37,635,582 | $238,841,357 | IRS |
| 990 | June 2022 | $14,808,996 | $21,067,658 | $253,233,825 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about KIVA MICROFUNDS
- What is the EIN of KIVA MICROFUNDS?
- The employer identification number (EIN) of KIVA MICROFUNDS is 71-0992446.
- Is KIVA MICROFUNDS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to KIVA MICROFUNDS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KIVA MICROFUNDS 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 KIVA MICROFUNDS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KIVA MICROFUNDS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of KIVA MICROFUNDS?
- The 990 for the year ended June 30, 2025 names BRYAN WOLINER.
- Who are the officers and directors of KIVA MICROFUNDS?
- The 990 for the year ended June 30, 2025 lists 18 people; 12 received compensation from the organization, the highest $536,837 (VISHAL GHOTGE, CEO).
- How much revenue does KIVA MICROFUNDS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $39,775,082, expenses of $34,544,467 and total assets of $209,958,219 at year end.
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