NonprofitsFinreglab Inc

Science & Technology

Finreglab Inc

WASHINGTON, DC

Total revenue

$2.9M

Total expenses

$3.8M

Net assets

$893K

Grants received

$5.1M

15 grants

EIN

822842970

Tax year

2024

Mission

Finreglab is a d.c.-based research organization working at the intersection of financial innovation and public policy. Our mission is to advance technology and data use to help people and small businesses manage their financial lives, weather economic shocks, and build long-term security.

Programs

3 programs

Small business research: the organization is conducting research into the value of bank accounts and other non-traditional data for increasing credit access to minority business enterprises and other small companies. The program is also focused on helping mission-based lenders increase the scale of their operations.

Expenses: $916K

Program research - this program includes exploratory and planning work for future empirical project opportunities and smaller program initiatives that advance the organization's mission of interrogating technology and data for financial inclusion and financial well-being.

Expenses: $248K

Other programs: cash-flow analysis for assessing distressed borrowers and international data & technology in credit underwriting

Expenses: $117K

Financials

FY 2024

Revenue

Contributions & grants$2.7M
Program service revenue$219K
Investment income
Other revenue$50
Total revenue$2.9M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising
Other expenses$1.9M
Total expenses$3.8M
Total assets$1.7M
Net assets$893K

People

18 listed

NameRoleCompensation

MELISSA KOIDE

CHIEF EXECUTIVE OFFICER

Board

$288K

40 hrs/wk

KELLY THOMPSON COCHRAN

DEPUTY DIRECTOR/SECRETARY & TREASURER

Board

$262K

40 hrs/wk

NANCY CASTILLO

CHIEF OPEARTING OFFICER

Board

$65K

40 hrs/wk

SARAH DAVIES

CHIEF ANALYTICS OFFICER

Board

$8K

40 hrs/wk

AMY FRIEND

BOARD CHAIR

Board

1 hrs/wk

JO ANN BAREFOOT

BOARD MEMBER

Board

1 hrs/wk

MARLA BLOW

BOARD MEMBER

Board

1 hrs/wk

ALEXANDER ACREE

BOARD MEMBER

Board

1 hrs/wk

MIKE CALHOUN

BOARD MEMBER

Board

1 hrs/wk

KAREN CROXSON

BOARD MEMBER

Board

1 hrs/wk

COURTNEY HODAPP

BOARD MEMBER

Board

1 hrs/wk

KABIR KUMAR

BOARD MEMBER

Board

1 hrs/wk

CANTWELL FAULKNER MUCKENFUSS III

BOARD MEMBER

Board

1 hrs/wk

LISA RICE

BOARD MEMBER

Board

1 hrs/wk

ZIHSUN ZHAO

SENIOR DATA SCIENTIST

Staff

$196K

40 hrs/wk

KERRIGAN B MOLLAND

SR. FINANCE & BUSINESS OPERATIONS MANAGER

Staff

$174K

40 hrs/wk

KARLA RENSCHLER

DIRECTOR OF SMALL BUSINESS RESEARCH

Staff

$164K

40 hrs/wk

PAULA OCHIEL

SENIOR RESEARCH ANALYST

Staff

$108K

40 hrs/wk

Independent contractors

PYDATA LLC

DATA ANALYSIS AND CONSULTING

$110K

Grants received

Showing 15 of 15

FromAmountPurposeYear
$750K
IN SUPPORT OF FINANCIAL HEALTH
2024
$200K
U.S. ECONOMIC MOBILITY & OPPORTUNITY
2024
$7K
GENERAL NONPROFIT SUPPORT
2024
$1.5M
GENERAL OPERATING SUPPORT
2023
$256K
FINANCIAL SERVICES FOR THE POOR
2023
$50K
PROVIDE GENERAL OPERATING SUPPORT
2023
$5K
General Operating Support
2023
$571K
FINANCIAL SERVICES FOR THE POOR
2022
$500K
DATA FOR SOCIAL IMPACT
2022
$50K
GENERAL OPERATING SUPPORT
2021
$700K
General operating support
2020
$250K
DATA FOR SOCIAL IMPACT
2020
$50K
GENERAL OPERATING SUPPORT
2020
$50K
PROVIDE GENERAL OPERATING SUPPORT
2019

Funded by

$5.1M from 8 funders · 15 grants · 2019–2024

Jpmorgan Chase Foundation

$2.3M · 2 grants · 2023–2024

Gates Foundation

$1.0M · 3 grants · 2022–2024

Mastercard Impact Fund

$750K · 2 grants · 2020–2022

Omidyar Network Fund Inc

$700K · 1 grant · 2020

Marin Community Foundation

$200K · 4 grants · 2019–2023

The Pew Charitable Trusts

$124K · 1 grant · 2023

Skoll Fund

$7K · 1 grant · 2024

The Skoll Foundation

$5K · 1 grant · 2023

Details

EIN822842970
NTEE codeU05
Subsection03
Ruling date2018-09
Formed2017
Employees13
Volunteers10
FINREGLAB INC — Mission, Financials & Grants Received | Grantivo