NonprofitsInkomoko

International, Foreign Affairs & National Security

Inkomoko

CLINTON, WA

Total revenue

$15.9M

Total expenses

$16.7M

Net assets

$10.3M

Grants received

$59.1M

25 grants

EIN

460743201

Tax year

2024

Mission

Inkomoko's mission is to support african entrepreneurs to grow their businesses to create jobs, improve livelihoods, and develop lasting economic development in their communities.

Programs

2 programs

Inkomoko's role as providing low-cost investment to small businesses continued to be a core part of our social mission to ensure financial inclusion for those excluded from mainstream finance. Inkomoko provided investment to refugees, including making availabe grants, loans, and sharia-compliant product for muslim entreprenerurs, ensuring that small business don't have to choose between growing their business and their faith. We prioritize serving women, youth and those excluded from traditional banking systems.

Expenses: $6.4M

As part of a collaborative partnership with southern new hampshire university, inkomoko supported the education initiatives of the snhu gem hub that engages refugee students around the world to access quality on-line instruction. Inkomoko's role was to facilitate operational systems that allowed for refugees to review student course work.

Expenses: $1.6M

Financials

FY 2024

Revenue

Contributions & grants$13.6M
Program service revenue$1.5M
Investment income$794K
Other revenue$14K
Total revenue$15.9M

Expenses

Grants paid$15.4M
Salaries & benefits$649K
Fundraising$152K
Other expenses$621K
Total expenses$16.7M
Total assets$72.2M
Net assets$10.3M

People

13 listed

NameRoleCompensation

JULIENNE OYLER

CO-FOUNDER & CEO

Board

$303K

40 hrs/wk

SARA LEEDOM

CO-FOUNDER & COO

Board

$303K

40 hrs/wk

MICHAEL PAYNE

BOARD CHAIR

Board

2 hrs/wk

JULIA TAFT

SECRETARY

Board

2 hrs/wk

ASFAW ALEMU

BOARD MEMBER

Board

2 hrs/wk

LAUREN RAWLINGS

BOARD MEMBER

Board

2 hrs/wk

MARIEVE GAUTHIER

BOARD MEMBER

Board

2 hrs/wk

MARION NTIRU

BOARD MEMBER

Board

2 hrs/wk

DEENA BURJORJEE

BOARD MEMBER

Board

2 hrs/wk

PEACE UWASE

BOARD MEMBER

Board

2 hrs/wk

FLORENCE GATOME

BOARD MEMBER

Board

2 hrs/wk

BIOR AJAK

BOARD MEMBER

Board

2 hrs/wk

SHIPRA KAYAN

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear
$18.1M
FINANCIAL INCLUSION
2024
$1.1M
YOUTH LEARNING
2024
$852K
International Development
2024
$100K
IMPROVE LIVES IN ETHIOPIA, KENYA AND SOUTH SUDAN
2024
$28.3M
Financial Inclusion
2023
$751K
International Development
2023
$300K
LIVELIHOOD
2023
$25K
TO SUPPORT CHARITABLE PURPOSES
2023
$2.6M
FINANCIAL INCLUSION
2022
$550K
GENERAL SUPPORT
2022
$229K
International Development
2022
$116K
ADVANCING WOMEN'S EMPOWERMENT CATALYST FUND
2022
$39K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$39K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$2.0M
FINANCIAL INCLUSION
2021
$32K
ADVANCING WOMEN'S EMPOWERMENT CATALYST FUND
2021
$16K
For recipient's exempt purpose
2021
$3.1M
FINANCIAL INCLUSION
2020
$250K
International Development
2020
$39K
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2020
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2020

Funded by

$59.1M from 11 funders · 25 grants · 2020–2024

Mastercard Foundation

$55.2M · 6 grants · 2020–2024

Silicon Valley Community Foundation

$2.1M · 4 grants · 2020–2024

Follow Your Dream Foundation Inc

$550K · 1 grant · 2022

Greater Houston Community Foundation

$500K · 1 grant · 2024

Dovetail Impact Foundation

$300K · 1 grant · 2023

The Aspen Institute Inc

$149K · 2 grants · 2021–2022

Tides Foundation

$118K · 3 grants · 2020–2022

Details

EIN460743201
NTEE codeQ33
Subsection03
Ruling date2013-08
Formed2012
Employees2
Volunteers8
INKOMOKO — Mission, Financials & Grants Received | Grantivo