Civic Intelligence

Fonkoze USA Inc.

990 • Fiscal year 2020 • EIN 52-2022113

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 30, 2021

1900 L Street NW No 304Washington, DC 20036

(202) 628-9033

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.68x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

1.38x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

54th percentile

6.0%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

70th percentile

$173,750

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

34th percentile

1.3%

Faster asset growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

25%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$5,095,638

Up $65,298 (+1.3%) from 2019

Net Assets

Up

$1,645,067

Up $226,964 (+16%) from 2019

Liabilities

Down

$3,450,571

Down $161,666 (-4.5%) from 2019

Revenue

Up

$2,508,382

Up $501,000 (+25%) from 2019

Expenses

Up

$2,358,130

Up $354,601 (+18%) from 2019

Net Income

Up

$150,252

Up $146,399 (+3800%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,986,857Liabilities 2011: $2,474,057Net Assets 2011: $1,512,8002011Assets 2012: $6,267,355Liabilities 2012: $3,375,272Net Assets 2012: $2,892,0832012Assets 2013: $6,078,395Liabilities 2013: $3,289,559Net Assets 2013: $2,788,8362013Assets 2014: $5,187,649Liabilities 2014: $3,437,417Net Assets 2014: $1,750,2322014Assets 2015: $4,762,594Liabilities 2015: $3,953,964Net Assets 2015: $808,6302015Assets 2016: $4,590,541Liabilities 2016: $3,804,746Net Assets 2016: $785,7952016Assets 2017: $4,740,960Liabilities 2017: $4,131,506Net Assets 2017: $609,4542017Assets 2018: $5,135,949Liabilities 2018: $3,983,089Net Assets 2018: $1,152,8602018Assets 2019: $5,030,340Liabilities 2019: $3,612,237Net Assets 2019: $1,418,1032019Assets 2020: $5,095,638Liabilities 2020: $3,450,571Net Assets 2020: $1,645,0672020Assets 2021: $5,674,666Liabilities 2021: $3,598,232Net Assets 2021: $2,076,4342021Assets 2022: $6,318,801Liabilities 2022: $3,911,694Net Assets 2022: $2,407,1072022Assets 2023: $6,415,335Liabilities 2023: $3,419,148Net Assets 2023: $2,996,1872023

Highlighted filing

2020

Assets$5,095,638
Liabilities$3,450,571
Net Assets$1,645,067

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,247,513Expenses 2011: $2,321,445Net Income 2011: -$73,9322011Expenses 2012: $3,457,8032012Revenue 2013: $3,073,806Expenses 2013: $3,203,619Net Income 2013: -$129,8132013Revenue 2014: $3,197,066Expenses 2014: $4,227,705Net Income 2014: -$1,030,6392014Revenue 2015: $2,797,775Expenses 2015: $3,684,717Net Income 2015: -$886,9422015Revenue 2016: $2,784,685Expenses 2016: $2,841,131Net Income 2016: -$56,4462016Revenue 2017: $1,529,859Expenses 2017: $1,800,783Net Income 2017: -$270,9242017Revenue 2018: $2,667,719Expenses 2018: $2,046,601Net Income 2018: $621,1182018Revenue 2019: $2,007,382Expenses 2019: $2,003,529Net Income 2019: $3,8532019Revenue 2020: $2,508,382Expenses 2020: $2,358,130Net Income 2020: $150,2522020Revenue 2021: $3,229,586Expenses 2021: $2,869,110Net Income 2021: $360,4762021Revenue 2022: $3,182,924Expenses 2022: $2,577,428Net Income 2022: $605,4962022Revenue 2023: $2,922,576Expenses 2023: $2,372,634Net Income 2023: $549,9422023

Highlighted filing

2020

Revenue$2,508,382
Expenses$2,358,130
Net Income$150,252
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 30, 2021
Return Version
2020v4.1
Gross Receipts
$2,596,212
Mission and Program Overview

Mission

Fonkoze usa is an american 501(c)3 nonprofit organization dedicated to securing financial and technical support for its haitian partners. It educates the american public about fonkoze's work in haiti, facilitates technical assistance for the two haitian entities, and raises money to support fonkoze's programs. Fonkoze usa also acts as a channel for socially responsible investors who want to "invest" in fonkoze's loan fund by lending their money at subsidized interest rates. Fonkoze usa gives american donors access to tax advantages available to the fullest extent allowed and conducts the necessary due diligence on fonkoze's operations.

Raise program funds, accept social loans, and facilitate technical support for fonkoze family.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$2,541,037$2,600,522▲ $59,485
Investments in Publicly Traded Securities$972,360$1,063,870▲ $91,510
Investments Other Securities$616,920$616,920→ $0
Accounts Receivable$54,252$596,480▲ $542,228
Savings and Temporary Cash Investments$195,207--
Cash and Non-Interest-Bearing Accounts$118,768$133,599▲ $14,831
Pledges and Grants Receivable$508,800$42,642▼ $466,158
Prepaid Expenses and Deferred Charges$16,400$13,757▼ $2,643
Land, Buildings, and Equipment, Net$1,900$0▼ $1,900
Total Assets$5,030,340$5,095,638▲ $65,298
Other Assets Total$4,696$27,848▲ $23,152
Liabilities
Unsecured Notes Loans Payable$3,002,037$2,823,941▼ $178,096
Grants Payable$555,720$549,000▼ $6,720
Accounts Payable and Accrued Expenses$54,480$77,630▲ $23,150
Total Liabilities$3,612,237$3,450,571▼ $161,666
Net Assets / Fund Balance
Net Assets With Donor Restrictions$760,178$1,053,845▲ $293,667
Net Assets Without Donor Restrictions$657,925$591,222▼ $66,703
Total Net Assets Fund Balance$1,418,103$1,645,067▲ $226,964
Total Liabilities and Net Assets / Fund Balance$5,030,340$5,095,638▲ $65,298

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$25,591$25,591
Equipment$0$6,224$6,224
Leasehold Improvements$0$3,035$3,035
Investment Program Related Org$2,600,522--
Other Securities$616,920--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$972,360-▲ $91,510-$1,063,870
2019$812,134$600▲ $159,626-$972,360
2018$859,925-▲ $139,397$-187,134$812,134
2017$754,153$1,000▲ $104,772-$859,925
2016$690,840$20,000▲ $53,313-$754,153
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mabel Valdivia-diazExecutive DirectorFT$164,000$9,750$173,750

Board Members and Trustees

NameTitle
Laura StephensChair
Lisa W ClarkVice Chair
Father Joseph B Philippe CsspBoard Member
Herold RodrigueBoard Member
Jean BelizaireBoard Member
Jerry NemorinBoard Member
Kaveh H AzimiBoard Member
Laura Roberts WrightBoard Member
Lauren DoyleBoard Member
Lawrence ArbuthnottBoard Member
Lissette SteeleBoard Member
Mackenzie KellerBoard Member
Marguerite LathanBoard Member
Marjorie RobertsBoard Member
Michele HartiganBoard Member
Roxann Thomas ChargoisBoard Member
Charlie PettyFormer Board Member/feb 2020
Russell BruguiereFormer Board Member/feb 2020
Beth DanielsSecretary
Kathryn Leininger CortesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,275,846
Program Service Revenue
$0
Investment Income
$145,578
Other Revenue
$86,958
All Other Contributions
$2,275,846
Change in Net Assets
$150,252

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$57,561Fair Market Value (FMV)
Total Noncash Contributions4$57,561-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,508,382
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$76,712
Total Revenue per Audited Statements
$2,585,094
Total Revenue per Form 990
$2,508,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,246,693
Salaries, Compensation, and Employee Benefits$682,649
Other Expenses$428,788
Total Fundraising Expense$184,212
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,246,693--$1,246,693
Other Salaries and Wages$259,318$77,047$70,431$406,796
Current Officers, Directors, Trustees, and Key Employees$110,760$32,908$30,082$173,750
Fees for Services Other$51,093$34,881$19,962$105,936
Office Expenses$62,704$12,515$9,629$84,848
Occupancy$33,137$23,904$8,865$65,906
Interest$58,714$400-$59,114
Payroll Taxes$31,915$9,482$8,668$50,065
Other Employee Benefits$21,029$6,248$5,711$32,988
Information Technology$12,414$8,351$7,738$28,503
Travel$10,440$12,210$4,765$27,415
All Other Expenses$8,627$11,759$4,386$24,772
Pension Plan Contributions$12,144$3,608$3,298$19,050
Advertising$7,363$922$8,351$16,636
Conferences and Meetings$4,057$1,312$1,458$6,827
Insurance$3,091$1,642$868$5,601
Depreciation Depletion-$1,900-$1,900
Other Expenses$1,330--$1,330
Total Functional Expenses$1,934,829$239,089$184,212$2,358,130

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,358,130
Total Expenses per Audited Statements$2,358,130
Total Expenses per Form 990$2,358,130
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$3,475,683

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanProgram Investments / Payables---$2,600,522
Central America and the CaribbeanGrants---$875,161
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Laura roberts wright and marjorie roberts, both board members are sisters.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the organization's chief financial officer, the members of its board, and an independent cpa.

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy through inquiry of all parties.

Form 990, Part VI, Section B, Line 15

The compensation for officers and other key employees is evaluated by the board of directors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents (by-laws), conflict of interest policy, donor rights policy, and financal statements available to the public through its website.

Filing and Contact Details

Filer

Filer Name
Fonkoze USA Inc
EIN
52-2022113
Phone
2026289033
Address
1900 L STREET NW NO 304, WASHINGTON, DC 20036

Signing Officer

Name
Mabel Valdivia-diaz
Title
Executive Director
Phone
2026289033
Signed
2021-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mabel Valdivia-diaz
Formed
1997
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
7
Volunteers
21

Preparer

Firm
Sb & Company LLC
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Pamela Gray
Phone
4105840060
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The provisions included in accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The organization performed an evaluation of uncertain tax positions as of december 31, 2020, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of december 31, 2020, the statute of limitations for fiscal years 2017 through 2020 remain open with the u.s. Federal jurisdiction or the state and local jurisdiction in which the organization files tax returns. It is the organization's policy to recognize interest and/or penalties related to uncertain tax positions, if any, as income tax expense.

Part V, Line 1A

Funds previously disclosed as board-designated net assets have been reclassified as net assets without donor restrictions, as resolved by the board of directors at the begining of fiscal year 2020.

Part VIII, Line 2

See the audited financial statements for additional disclosures related to loans receivable, related party.

Part X, Line 2

See the audited financial statements for additional disclosures related to loans payable, related parties, sff.

Part X, Line 3

See the audited financial statements for additional disclosures related to promissory notes.

Part X, Line 4

See the audited financial statements for additional disclosures related to loans payable, investors.

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IRS990/Desc0FONKOZE USA RAISES PROGRAM FUNDS TO SUPPORT THE FONKOZE FAMILY OF ORGANIZATIONS IN HAITI. GRANTS, BOTH UNRESTRICTED AND RESTRICTED, SUPPORT A WIDE VARIETY OF FONKOZE'S PROGRAMS INCLUDING SOCIAL INCLUSION AND SELF-RESILIENCE, ADULT LITERACY AND EDUCATION, HEALTH INITIATIVES, AS WELL AS MICRO-CREDIT AND OTHER ECONOMIC EMPOWERMENT ACTIVITIES. THROUGH THESE PROGRAMS, HUNDREDS OF THOUSANDS OF POOR AND DISENFRANCHISED HAITIANS ACROSS THE COUNTRY ARE NOT ONLY EQUIPPED WITH THE TOOLS AND RESOURCES NEEDED TO BREAK THE CYCLE OF POVERTY, BUT THEY ARE SUPPORTED THROUGHOUT THEIR JOURNEY.
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IRS990/Form990PartVIISectionAGrp/PersonNm2KATHRYN LEININGER CORTES
IRS990/Form990PartVIISectionAGrp/PersonNm3BETH DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm4KAVEH H AZIMI
IRS990/Form990PartVIISectionAGrp/PersonNm5MACKENZIE KELLER
IRS990/Form990PartVIISectionAGrp/PersonNm6LAWRENCE ARBUTHNOTT
IRS990/Form990PartVIISectionAGrp/PersonNm7MARGUERITE LATHAN
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLIE PETTY
IRS990/Form990PartVIISectionAGrp/PersonNm9FATHER JOSEPH B PHILIPPE CSSP
IRS990/Form990PartVIISectionAGrp/PersonNm10MARJORIE ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm11HEROLD RODRIGUE
IRS990/Form990PartVIISectionAGrp/PersonNm12LAURA ROBERTS WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm13LISSETTE STEELE
IRS990/Form990PartVIISectionAGrp/PersonNm14ROXANN THOMAS CHARGOIS
IRS990/Form990PartVIISectionAGrp/PersonNm15RUSSELL BRUGUIERE
IRS990/Form990PartVIISectionAGrp/PersonNm16JEAN BELIZAIRE
IRS990/Form990PartVIISectionAGrp/PersonNm17LAUREN DOYLE
IRS990/Form990PartVIISectionAGrp/PersonNm18MICHELE HARTIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm19JERRY NEMORIN
IRS990/Form990PartVIISectionAGrp/PersonNm20MABEL VALDIVIA-DIAZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8FORMER BOARD MEMBER/FEB 2020
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15FORMER BOARD MEMBER/FEB 2020
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
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IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt01216276
IRS990/GrantsPayableGrp/BOYAmt0555720
IRS990/GrantsPayableGrp/EOYAmt0549000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt087830
IRS990/GrossReceiptsAmt02596212
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt07738
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08351
IRS990/InformationTechnologyGrp/ProgramServicesAmt012414
IRS990/InformationTechnologyGrp/TotalAmt028503
IRS990/InsuranceGrp/FundraisingAmt0868
IRS990/InsuranceGrp/ManagementAndGeneralAmt01642
IRS990/InsuranceGrp/ProgramServicesAmt03091
IRS990/InsuranceGrp/TotalAmt05601
IRS990/InterestGrp/ManagementAndGeneralAmt0400
IRS990/InterestGrp/ProgramServicesAmt058714
IRS990/InterestGrp/TotalAmt059114
IRS990/InvestmentIncomeGrp/ExclusionAmt0145578
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0145578
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0616920
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0616920
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02541037
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02600522
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0972360
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01063870
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034850
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01900
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt034850
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt087830
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FONKOZE USA SECURES FINANCIAL AND TECHNICAL SUPPORT FOR ITS HAITIAN PARTNERS AND EDUCATES THE AMERICAN PUBLIC ABOUT FONKOZE'S WORK IN HAITI. FONKOZE USA ALSO ACTS AS A CHANNEL FOR SOCIALLY RESPONSIBLE INVESTORS WHO WANT TO "INVEST" IN FONKOZE'S LOAN FUND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt01418103
IRS990/NetAssetsOrFundBalancesEOYAmt01645067
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt076712
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0657925
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0591222
IRS990/NoncashContributionsAmt057561
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt08865
IRS990/OccupancyGrp/ManagementAndGeneralAmt023904
IRS990/OccupancyGrp/ProgramServicesAmt033137
IRS990/OccupancyGrp/TotalAmt065906
IRS990/OfficeExpensesGrp/FundraisingAmt09629
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012515
IRS990/OfficeExpensesGrp/ProgramServicesAmt062704
IRS990/OfficeExpensesGrp/TotalAmt084848
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04696
IRS990/OtherAssetsTotalGrp/EOYAmt027848
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05711
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06248
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021029
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032988
IRS990/OtherExpensesGrp/Desc0PROGRAMATIC EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt01330
IRS990/OtherExpensesGrp/TotalAmt01330
IRS990/OtherRevenueMiscGrp/BusinessCd0561499
IRS990/OtherRevenueMiscGrp/Desc0CONTRACT INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt086958
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt086958
IRS990/OtherRevenueTotalAmt086958
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt070431
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt077047
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0259318
IRS990/OtherSalariesAndWagesGrp/TotalAmt0406796
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08668
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09482
IRS990/PayrollTaxesGrp/ProgramServicesAmt031915
IRS990/PayrollTaxesGrp/TotalAmt050065
IRS990/PensionPlanContributionsGrp/FundraisingAmt03298
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03608
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012144
IRS990/PensionPlanContributionsGrp/TotalAmt019050
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0508800
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt042642
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016400
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013757
IRS990/PrincipalOfficerNm0MABEL VALDIVIA-DIAZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION: FONKOZE USA EDUCATES THE AMERICAN PUBLIC ABOUT FONKOZE'S EMPOWERING WORK THROUGHOUT HAITI. COMMUNICATIONS ARE DISSEMINATED THROUGH A NUMBER OF CHANNELS, INCLUDING FACE-TO-FACE, DIRECT MAIL, AND DIGITAL, TO ENGAGE AUDIENCES IN A HOLISTIC WAY. THE 2020 GLOBAL PANDEMIC CREATED CHALLENGES, BUT ALSO PROVIDED A UNIQUE OPPORTUNITY FOR AUDIENCES TO LEARN ABOUT HAITI AND FONKOZE FROM THE COMFORT OF THEIR HOMES. IN PARTNERSHIP WITH THE HAITIAN TIMES, FONKOZE HELD A VIRTUAL CONVERSATION ABOUT FONKOZE'S WORK VIS-A-VIE HAITI'S HISTORY AND HOW IT WAS RELEVANT TODAY. PROMINENT HISTORIANS AS WELL AS FONKOZE SENIOR LEADERSHIP LED A DISCUSSION THAT ENABLED PARTICIPANTS TO SHARE THOUGHTS, QUESTIONS AND COMMENT IN A THOUGHTFUL AND DEEPLY MEANINGFUL WAY. THIS EVENT SHED NEW LIGHT ON THE ISSUES SURROUNDING POVERTY IN HAITI AND HOW FONKOZE IS ACTIVELY WORKING TO ALLEVIATE THEM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0283333
IRS990/ProgSrvcAccomActy3Grp/Desc0TECHNICAL ASSISTANCE: FONKOZE USA PROVIDES TECHNICAL ASSISTANCE TO THE FONKOZE FAMILY TO SUPPORT BOTH PROGRAMS AND CAPACITY BUILDING NEEDS. TECHNICAL ASSISTANCE INCLUDES (BUT IS NOT LIMITED TO) GRANT WRITING AND RESEARCH, COMMUNICATIONS AND BRAND MARKETING, AS WELL AS PARTNERSHIP FACILITATION AND SOCIAL LOAN MANAGEMENT. IN 2020, FONKOZE USA ASSISTED IN SECURING $345,000 IN GRANT FUNDING THAT DIRECTLY BENEFIT THE FONKOZE FOUNDATION. IN ADDITION, FONKOZE USA MANAGES A SOCIAL LOAN PORTFOLIO WHICH BENEFITS SFF AND DIVERSIFIES LOAN CAPITAL FOR THE BANK'S ACTIVITIES. FONKOZE USA SECURED $700,000 IN NEW OR RENEWED SOCIAL LOANS. IN ADDITION, FONKOZE USA MANAGES A SOCIAL LOAN PORTFOLIO OF $2,600,522 WHICH PROVIDES CAPITAL FOR SEVIS FINANCIAL FONKOZE. IN 2020 FONKOZE SECURED $700,000 IN NEW OR RENEWED SOCIAL LOANS FOR THE PORTFOLIO.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0435220
IRS990/ProgSrvcAccomActy3Grp/GrantAmt030417
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01886435
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0880838
IRS990/PYInvestmentIncomeAmt074909
IRS990/PYOtherExpensesAmt0536602
IRS990/PYOtherRevenueAmt046038
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03853
IRS990/PYSalariesCompEmpBnftPaidAmt0586089
IRS990/PYTotalExpensesAmt02003529
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02007382
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0150252
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0195207
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02275846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01886435

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$6.42$3.42$3.00$2.92$2.37$0.55
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.32$3.91$2.41$3.18$2.58$0.61
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.67$3.60$2.08$3.23$2.87$0.36
2020Detailed filing. Detailed filing data is available for this year.$5.10$3.45$1.65$2.51$2.36$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$3.61$1.42$2.01$2.00$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$3.98$1.15$2.67$2.05$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$4.13$0.61$1.53$1.80$0.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.59$3.80$0.79$2.78$2.84$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$3.95$0.81$2.80$3.68$0.89
2014Detailed filing. Detailed filing data is available for this year.$5.19$3.44$1.75$3.20$4.23$1.03
2013Detailed filing. Detailed filing data is available for this year.$6.08$3.29$2.79$3.07$3.20$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.27$3.38$2.89$3.46
2011Summary only. Only limited summary data is available for this year.$3.99$2.47$1.51$2.25$2.32$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $5M-$10M nonprofits