Accion International

Organization Overview

Accion International is located in Washington, DC. The organization was established in 1965. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Accion International employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accion International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Accion International generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $28.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ACCION COMBINES DECADES OF EXPERIENCE WITH INSIGHTS INTO EMERGING TECHNOLOGIES TO BUILD A FINANCIALLY INCLUSIVE WORLD AND PROMOTE ECONOMIC ACTIVITY FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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Board, Officers & Key Employees

Name (title)Compensation
Michael Schlein
CEO
$615,161
Esteban Altschul
COO
$596,936
John Fischer
Cio
$383,290
Mayada El-Zoghbi
Senior VP
$312,000
Njord Andrewes
Senior VP
$294,250
Victoria White
Senior VP
$287,500

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Munger Tolles Olson Llp
Legal Advisory
$315,049
Kantar Wpp Group Usa Inc
Program Consulting
$332,246
Jp Morgan Chase Bank Na
Portfolio Management
$269,161
Grant Thornton
Audit Services
$159,000
Bridge Partners Llc
Recruiting Services
$161,665
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,773,114
Investment income $2,287,908
Tax Exempt Bond Proceeds $0
Royalties $38
Net Rental Income $0
Net Gain/Loss on Asset Sales -$5,951,755
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,901,116

Grants Awarded

Over the last fiscal year, Accion International has awarded $86,800 in support to 2 organizations.

Grant RecipientAmount

ACCION THE US NETWORK

Org PageRecipient Profile

San Jose, CA

PURPOSE: program Assistance

$75,000

VISIONFUND INTERNATIONAL

Org PageRecipient Profile

Monrovia, CA

PURPOSE: program assistance

$11,800
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Accion International has recieved totaling $5,000.

Awarding OrganizationAmount
Richard And Barbara Marx Foundation

Rickreall, OR

PURPOSE: TO PROVIDE SUPPORT

$5,000
View Grant Recipient Profile

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