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International : Development and Relief Services

Root Capital

Growing rural prosperity in Africa and Latin America

four stars

93.89

130 Bishop Allen Drive 2nd Floor
Cambridge, MA 02139
tel: (617) 661-5792   Web Site
EIN: 04-3478123

Board Leadership
Jeremy Mindich
Board Chair

CEO
William Foote
Founder, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 93.89 four stars
  Financial 92.35 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2016 and includes data from FY2014, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

92.35

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2016 and includes data from FY2014, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
84.5%
  Administrative Expenses 12.3%
  Fundraising Expenses 3.0%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 1.67
  Program Expenses Growth 26.7%
  Liabilities to Assets 76.8%
All data for Financial Performance Metrics calculations was provided by Root Capital on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Root Capital on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Root Capital (MA) 93.89 four stars
Endeavor (NY) 93.82 four stars
Vital Voices Global Partnership (DC) 92.49 four stars
Landesa (WA) 88.85 three stars
World Neighbors (OK) 87.79 three stars

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Root Capital is a nonprofit social investment fund that that grows rural prosperity in poor, environmentally vulnerable places in Africa and Latin America by lending capital, delivering financial training, and strengthening market connections for small and growing agricultural businesses. Since our launch, we have provided more than $509 million in credit to 428 rural small and growing businesses, maintaining a 97% repayment rate from our borrowers and a 100% repayment rate to our investors

REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,909,628
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $311,636
Total Contributions $7,221,264
   Program Service Revenue $11,893,488
Total Primary Revenue $19,114,752
   Other Revenue $447,718
TOTAL REVENUE $19,562,470
   
EXPENSES  
   Program Expenses $20,380,682
   Administrative Expenses $2,497,695
   Fundraising Expenses $528,970
TOTAL FUNCTIONAL EXPENSES $23,407,347
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,844,877
   
Net Assets $32,658,854

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Loans to Rural Businesses $14,077,053 69.1%
Financial Advisory Services $4,098,784 20.1%
Catalyze $2,204,845 10.8%

Ratings History
Root Capital has received 10 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2014-12 06/01/2016 93.89 four stars
 
CN 2.0
2013-12 05/01/2015 96.97 four stars
2012-12 03/01/2014 94.13 four stars
2012-12 02/01/2014 92.25 four stars
2011-12 07/01/2013 94.07 four stars
2010-12 04/01/2012 94.00 four stars
2009-12 10/01/2011 93.94 four stars
2009-12 09/20/2011 92.11 four stars
 
CN 1.0
2009-12 04/01/2011 95.06 four stars
2008-12 04/01/2010 95.25 four stars
2007-12 07/01/2009 97.78 four stars
2006-12 03/01/2008 95.08 four stars
2005-12 02/01/2007 97.95 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-3478123
Name in IRS Master File ROOT CAPITAL INC
NTEE Code Q12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011
  • December, 2010

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$275,589 1.17% William Foote President, CEO

Root Capital is a nonprofit social investment fund that that grows rural prosperity in poor, environmentally vulnerable places in Africa and Latin America by lending capital, delivering financial training, and strengthening market connections for small and growing agricultural businesses. Since our launch, we have provided more than $509 million in credit to 428 rural small and growing businesses, maintaining a 97% repayment rate from our borrowers and a 100% repayment rate to our investors

Highly Rated

Charity Name & State Overall Score Overall Rating
Root Capital (MA) 93.89 four stars
GlobalGiving (DC) 98.23 four stars
Bridges to Prosperity (CO) 93.98 four stars
Lifewater International (CA) 88.83 three stars
IDEX (CA) 89.09 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Root Capital
130 Bishop Allen Drive
2nd Floor
Cambridge, MA 02139
tel: (617) 661-5792
EIN: 04-3478123

Visit Web Site

Board Leadership

Jeremy Mindich
Board Chair

CEO

William Foote
Founder, CEO

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