International : Single Country Support Organizations

Fonkoze USA

Building the economic foundations for democracy in Haiti

Rating

Overall Rating     4 star
      (63.06)
Organizational Efficiency      
Program Expenses 80.6%    
Administrative Expenses 11.9%    
Fundraising Expenses 7.4%    
Fundraising Efficiency $0.06    
Efficiency Rating     4 star
      (38.06)
Organizational Capacity      
Primary Revenue Growth 51.4%    
Program Expenses Growth 52.5%    
Working Capital Ratio (years) 0.29    
Capacity Rating     4 star
      (25.00)

Income Statement     (FYE 12/2008)

Revenue  
Primary Revenue $1,575,591
Other Revenue $104,692
Total Revenue $1,680,283
   
Expenses  
Program Expenses $1,195,269
Administrative Expenses $176,491
Fundraising Expenses $110,029
Total Functional Expenses $1,481,789
   
Payments to Affiliates $0
Excess (or Deficit) for the year $198,494
   
Net Assets $433,328

Donor Privacy Policy

Opt-out: We have determined that this charity has a privacy policy which requires you to tell the charity to remove your name and contact information from mailing lists it sells, trades or shares. Opt-out terms and conditions vary from one charity to the next, but all require the donor to initiate the act.

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Fonkoze USA
50 F Street, NW
Suite 810
Washington, DC 20001
tel: (202) 628-9033
fax: (202) 628-9035
EIN: 52-2022113

Contact Email
Visit Web Site

Leadership      (FYE 12/2008)

Name Title Compensation % of Expenses
John Mercier Executive Director (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $85,000 5.73%

Mission

Fonkoze USA is 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 programs, like education. 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 is Haiti's alternative bank for the organized poor. It is the largest microfinance institution (MFI) in Haiti, serving more than 55,000 women borrowers, most of whom live and work in the countryside of Haiti, and more than 175,000 savers. With its network of 37 branches covering every region of Haiti, it is also the only MFI that is truly national in scope.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Fonkoze USA - DC 63.06 4 star
Hope for Haiti - FL 62.40 4 star
The Citizens Foundation, USA - IL 63.59 4 star
Beyond Borders - PA 63.86 4 star
The Tibet Fund - NY 65.35 4 star
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Fonkoze USA - DC 63.06 4 star
Beyond Borders - PA 63.86 4 star
The Citizens Foundation, USA - IL 63.59 4 star
Human Development Foundation of North America - IL 52.34 3 star
Association for India's Development - MD 67.18 4 star
Haitian Health Foundation - CT 69.13 4 star
Compare These Charities (Most Viewed)

Charity Login

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.