From public IRS filings

ROCKY MOUNTAIN MICROFINANCE INSTITUTE

DENVER, CO · Community Improvement

EIN (Tax ID): 26-3218152Latest Form 990: 2023IRS ruling year: 2010Find their 990 filing →

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.

Financials (IRS Form 990)

Total revenue
$3M
Total expenses
$4.3M
Total assets
$2.8M
Program expense ratio
8089%

Source: IRS Form 990, tax year 2023.

Who funds ROCKY MOUNTAIN MICROFINANCE INSTITUTE

$1.2M in foundation grants on record from 16 funders — from IRS 990 grant line items.

Leadership

Jessica Sveen — CEO (Principal officer)

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