International : Development and Relief Services (Grantmaking)

Fonkoze USA

Building the economic foundations for democracy in Haiti

three stars

87.30

1718 Connecticut Ave NW Suite 201
Washington, DC 20009
tel: (202) 628-9033   Web Site
EIN: 52-2022113

Board Leadership
Therese Feng
Chair

CEO
Leigh Carter
Interim Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 87.30 three stars
  Financial 82.50 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 02/01/2017 and includes data from FY2015, the most recent 990 received at that time.

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

Financial

three stars

82.50

Accountability & Transparency

four stars

96.00

This rating was published 02/01/2017 and includes data from FY2015, 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)
86.2%
  Administrative Expenses 7.6%
  Fundraising Expenses 6.1%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 0.16
  Program Expenses Growth 15.0%
  Liabilities to Assets 83.0%
All data for Financial Performance Metrics calculations was provided by Fonkoze USA on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Fonkoze USA on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,615,733
   Federated Campaigns $7,274
   Membership Dues $0
   Fundraising Events $31,649
   Related Organizations $0
   Government Grants $0
Total Contributions $2,654,656
   Program Service Revenue $0
Total Primary Revenue $2,654,656
   Other Revenue $143,119
TOTAL REVENUE $2,797,775
   
EXPENSES  
   Program Expenses $3,147,839
   Administrative Expenses $331,007
   Fundraising Expenses $205,871
TOTAL FUNCTIONAL EXPENSES $3,684,717
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-886,942
   
Net Assets $808,630

Charts

Compensation % of Expenses Paid to Title
$60,493 1.64% Margaret A. Fourre Executive Director
Other Salaries of Note
$103,935 2.82% Leigh Carter Former Executive Director

Mission

Fonkoze USA secures financial and technical support for its Haitian partners, Fonkoze Foundation and Fonkoze Financial Services. Fonkoze USA educates the American public about it's partners' work in Haiti, facilitates technical assistance, raises money to support their services and programs, and provides the due diligence and reporting for donors. Fonkoze USA also acts as a channel for socially responsible investors who want to invest in Fonkoze Financial Service's loan fund by lending their money at subsidized interest rates. The vision of the Fonkoze Family is a Haiti where people, standing together, shoulder to shoulder, have pulled themselves out of poverty. Our mission is to work together to provide financial and non-financial services to empower Haitians - primarily women - to lift their families out of poverty. In Haiti, there are 45 branches, over 850 employees, 62,000 loans in the hands of women entrepreneurs, nearly 200,000 savers, and other supporting services.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fonkoze USA (DC) 87.30 three stars
Sustainable Harvest International (ME) 87.47 three stars
Global Greengrants Fund (CO) 94.74 four stars
HOPE International (PA) 92.05 four stars
Opportunity International (IL) 86.37 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

Fonkoze USA
1718 Connecticut Ave NW
Suite 201
Washington, DC 20009
tel: (202) 628-9033
fax: (202) 628-9035
EIN: 52-2022113

Visit Web Site

Board Leadership

Therese Feng
Chair

CEO

Leigh Carter
Interim Executive Director

[ X ]

Did You Know We Are a Charity, Too?

If even a third of the 7 million people who visited our site last year had donated a dollar to Charity Navigator, we would comfortably meet our annual budget and be able to do what so many of you ask us to do every day--rate more charities!

With the support of users like you, we are currently investing in staff and technology. This will allow us to improve the search and organizational features of our site, making it easier to find the information that matters most to you. We will also continue to enhance our evaluation system and metrics.

So, whether you're a first time visitor or a long time user, we ask for your help in achieving our goal. Your gift of any size is most deeply appreciated! Thank You!

With the support of users like you, we are making it easier to find the info that matters most. Thank you!