Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 81% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 12% | — | — |
| Revenue growth | 4% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Officers, Directors & Key Employees
Michael Cox’s $99K as President and Director is at the 81st percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Michael Cox | $99,000 | $99,000 | $90,000 | $90,000 | $90,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Governance & Policies
Mission and programs
Provides small business loans and consulting to help the poor and underprivileged in developing countries.
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Where the work happens
Business Consulting Services
Switchboard ventures provided consulting services in different areas of business formation and operation for organizations and or individuals looking to start businesses that benefit the poor distressed and underprivileged in developing countries around the world.
Investment Capital
Switchboard ventures provided capital investments to business start-ups in developing countries in order to benefit the poor distressed and underprivileged. Capital investments have been made to around 40 different organizations or individuals living in burma pakistan turkey etc.
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Funders
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest | $186K | $210K | -20% | 990 PDF |
| FY2023 Viewing | $233K | $848K | +4% | 990 PDF |
| FY2022 | $223K | $245K | -50% | 990 PDF |
| FY2021 | $444K | $288K | +62% | 990 PDF |
| FY2020 | $274K | $211K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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