Rocky Mountain Microfinance Institute
RMMFI invests in entrepreneurs' personal and business development through a proven mix of classroom, coaching, capital, and community. Since 2008, RMMFI has supported the launch or expansion of …
Rocky Mountain Microfinance
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Visit www.rmmfi.orgAbout Rocky Mountain Microfinance Institute
Rocky Mountain Microfinance Institute is a community development organization based in DENVER, United States. Annual revenue: $2.7 million. EIN: 263218152.
Verified certifications
Confirmed against the issuing authority - not self-reported.
Mission
RMMFI invests in entrepreneurs' personal and business development through a proven mix of classroom, coaching, capital, and community. Since 2008, RMMFI has supported the launch or expansion of more than 300 businesses in Colorado, 90% of which are owned by women and/or people of color, and lent over $878,000 through more than 300 loans with a 94% repayment rate.Intentionally built along the Idea, Launch, and Thrive business incubator pathway, RMMFI's programs help entrepreneurs build strong foundations in both their businesses and their lives. RMMFI's holistic approach brings people, businesses, and communities together to allow individuals to tap into the social and economic benefits of business ownership and create impact for their business, their household, and their community.
Focus areas & reach
· What they work on and whereHow it stacks up against peers
· vs. 8 similar community development in United StatesRed flags
· All clearCommon questions
· Auto-generated from filings + methodologyRocky Mountain Microfinance Institute is a registered community development nonprofit based in Denver, CO, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2008 and has been operating for 18 years. Its EIN is 263218152. It has a GiveRadar Integrity Assessment of 76/100 (Strong transparency), indicating well-documented governance, financials, and contact details. This is below the average of 90/100 for community development charities in United States. The organization reports $3M in annual revenue. 57 officers and directors are publicly disclosed. No red flags have been detected.
Rocky Mountain Microfinance Institute has a GiveRadar Integrity Assessment of 76/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 76 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. For comparison, the average integrity assessment for community development charities in United States is 90/100.
Rocky Mountain Microfinance Institute is located in Denver, CO, United States. The organization was established in 2008 and has been active for 18 years.
Based on official tax filings, Rocky Mountain Microfinance Institute has $3M in annual revenue. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.
Rocky Mountain Microfinance Institute is classified as a Community Development organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a medium organization. It has $3M in annual revenue. The organization has 57 disclosed officers and directors.
No red flags have been detected for Rocky Mountain Microfinance Institute. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.
Rocky Mountain Microfinance Institute has a GiveRadar Integrity Assessment of 76/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. Visit the Rocky Mountain Microfinance Institute profile on GiveRadar for full details before deciding. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.
Rocky Mountain Microfinance Institute is a community development organization based in DENVER, United States. Annual revenue: $2.7 million. EIN: 263218152. Rocky Mountain Microfinance Institute is classified as a community development organization registered in United States. The organization was founded in 2008.
Among community development charities registered in United States: Rocky Mountain Microfinance Institute's GiveRadar Integrity Assessment of 76/100 is below the peer average of 90/100. Its annual revenue of $3M is comparable to the peer average of $3M.
Yes, donations to Rocky Mountain Microfinance Institute are generally tax-deductible in the United States. Rocky Mountain Microfinance Institute is a 501(c)(3) tax-exempt organization. Its EIN is 263218152, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.
Verified against 4 official sources, last refreshed .
Filing history
5 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.
See 5 years of revenue, expense breakdowns, and balance sheet.
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Tax-deductibility for donors
Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.
ROCKY MOUNTAIN MICROFINANCE INSTITUTE is registered in United States. Donations from the Netherlands to charities outside the EU/EEA are generally not tax-deductible for Dutch donors unless the charity is listed on the Dutch ANBI register with foreign-recognized status.
Always confirm tax treatment with the charity directly or your tax advisor before donating.
Leadership
Officers & trustees (17)
Source: Public filings
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Other community development in United States, by integrity assessment
Sources and verification
Refreshed
- Registration and legal identity
- Internal Revenue Service (IRS) - Tax Exempt Organization Search
- Financial filings
- IRS Form 990 filings - Fiscal year 2024 most recent on file.
- Officers and trustees
- Internal Revenue Service (IRS) - Tax Exempt Organization Search - 57 disclosed in the public registry.
- Supplementary verification
- Charity Navigator
Data freshness
What we don't know
Honest gaps - our score reflects transparency, not impact
Methodology
GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.
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Quick facts about Rocky Mountain Microfinance Institute
- What is Rocky Mountain Microfinance Institute?
- Rocky Mountain Microfinance Institute is a community development publicly-supported charity (509(a)(2)) based in Denver, United States. Rocky Mountain Microfinance Institute is a community development organization based in DENVER, United States. Annual revenue: $2.7 million. EIN: 263218152.
- When was Rocky Mountain Microfinance Institute founded?
- Rocky Mountain Microfinance Institute was founded in 2008.
- Who leads Rocky Mountain Microfinance Institute?
- Jessica Sveen serves as CEO.
- Where is Rocky Mountain Microfinance Institute located?
- Headquartered in Denver, United States.
- What is Rocky Mountain Microfinance Institute's annual budget?
- Annual revenue for fiscal year 2024 is approximately $1M-$10M. 0% of expenses go to program services.
- Is Rocky Mountain Microfinance Institute trustworthy?
- Rocky Mountain Microfinance Institute has a GiveRadar Integrity Assessment of 76 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
- What is Rocky Mountain Microfinance Institute's registration number?
- IRS EIN: 263218152.
- What is Rocky Mountain Microfinance Institute's website?
- http://www.rmmfi.org