International : Single Country Support Organizations
Fonkoze USA
Building the economic foundations for democracy in Haiti
Rating
| Overall Rating |  |
||
| (63.06) | |||
| Organizational Efficiency | |||
| Program Expenses | 80.6% | ||
| Administrative Expenses | 11.9% | ||
| Fundraising Expenses | 7.4% | ||
| Fundraising Efficiency | $0.06 | ||
| Efficiency Rating |  |
||
| (38.06) | |||
| Organizational Capacity | |||
| Primary Revenue Growth | 51.4% | ||
| Program Expenses Growth | 52.5% | ||
| Working Capital Ratio (years) | 0.29 | ||
| Capacity Rating | |
||
| (25.00) |
Income Statement (FYE 12/2008)
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Contact Information
Fonkoze USA
50 F Street, NW
Suite 810
Washington, DC 20001
tel: (202) 628-9033
fax: (202) 628-9035
EIN: 52-2022113
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 | |
| Hope for Haiti - FL | 62.40 | |
| The Citizens Foundation, USA - IL | 63.59 | |
| Beyond Borders - PA | 63.86 | |
| The Tibet Fund - NY | 65.35 | |
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| Fonkoze USA - DC | 63.06 | |
| Beyond Borders - PA | 63.86 | |
| The Citizens Foundation, USA - IL | 63.59 | |
| Human Development Foundation of North America - IL | 52.34 |  |
| Association for India's Development - MD | 67.18 | |
| Haitian Health Foundation - CT | 69.13 | |
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