Overview
What is Fonkoze Usa Inc?
Fonkoze U.S.A. Inc., a 501(c)(3) nonprofit organization, is headquartered in Washington D.C., promoting charitable and educational purposes. Their primary objective lies in raising funds to support their Haitian partners, Fonkoze Fondasyon Kole Zepol and Sevis Finansye Fonkozé, and other organizations aiming to uplift the impoverished in Haiti. Fonkoze U.S.A. provides both unrestricted and restricted grants, contributing to various programs such as social inclusion and self-resilience, adult literacy and education, health initiatives, micro-credit, and economic empowerment activities. These programs empower thousands of economically vulnerable Haitians, offering them the resources required to break the cycle of poverty. The organization also acts as a conduit for socially responsible investors seeking to invest in Fonkozé's loan fund and increases public awareness about Haiti and the services provided by Fonkozé and its partner organizations.
Official website here: www.fonkoze.org
Is Fonkoze Usa Inc legitimate?
Fonkoze Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fonkoze Usa Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $280,359
Professional Fundraising Fees: $0
Other Salaries and Wages: $436,012
For more financial information, click here
Official website here: www.fonkoze.org
What is the mission statement of Fonkoze Usa Inc?
Fonkoze USA Inc, a U.S.-based nonprofit organization, aims to provide financial and technical support to its Haitian partners, Fondasyon Kole Zepol and Sevis Finansye Fonkoze, and other organizations working towards empowering the poor in Haiti. The organization also seeks to raise public awareness about Haiti and the services provided by Fonkoze and the development organizations it supports. In addition, Fonkoze USA serves as a channel for socially responsible investors interested in investing in Fonkoze's loan fund. The organization raises program funds to support various Fonkoze programs in Haiti, including social inclusion and self-resilience, adult literacy and education, health initiatives, micro-credit, and other economic empowerment activities. Through these initiatives, Fonkoze USA empowers thousands of economically vulnerable Haitians to break the cycle of poverty and provides ongoing support during their journey.
Official website here: www.fonkoze.org
What is the revenue of Fonkoze Usa Inc?
Fonkoze Usa Inc's revenue in 2024 was $1,881,008.
Official website here: www.fonkoze.org
Who are the executives of Fonkoze Usa Inc and what are their salaries?
The average compensation at Fonkoze Usa Inc during 2024 was $79,597. There are 9 employees and 13 volunteers at Fonkoze Usa Inc.
Here are 17 key members and their salaries:
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- Compensation: $105,894
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Official website here: www.fonkoze.org
Where can I find the form 990 for Fonkoze Usa Inc?
Fonkoze Usa Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fonkoze.org
Learn more at the official website: www.fonkoze.org
Mission Statement of Fonkoze Usa Inc
Fonkoze USA, a 501(c)(3) nonprofit organization, is dedicated to charitable and educational purposes. Its primary mission involves raising and donating funds, as well as providing technical assistance, to empower the impoverished across Haiti. Fonkoze USA's partners include Fonkose Fondasyon Kole Zepol and Sevis Finansye Fonkose, alongside other organizations that share this mission. Furthermore, Fonkoze USA educates the American public about the work being carried out in Haiti by these organizations.
In addition to fundraising, Fonkoze USA serves as a conduit for socially responsible investors who wish to invest in Fonkose's loan fund. This investment strategy allows Fonkoze USA to provide financial support to its Haitian partners, thereby strengthening their capacity to deliver various programs and services. The nonprofit organization's grantmaking activities contribute to a wide range of programs, including social inclusion and self-resilience, adult literacy and education, health initiatives, micro-credit, and other economic empowerment activities. Through these initiatives, Fonkoze USA supports hundreds of thousands of economically vulnerable and disenfranchised Haitians, providing them with the necessary tools and resources to break the cycle of poverty.
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Impact
October, 2024
Fonkoze USA Inc. plays a crucial role in empowering economically vulnerable communities in Haiti by raising and distributing funds to support various development programs. Through its initiatives, it facilitates charitable donations and loans, which directly contribute to enhancing financial inclusion and social mobility for hundreds of thousands of Haitians.
The organization supports a diverse array of programs, including adult literacy and education, health initiatives, and economic empowerment activities like micro-credit. These programs are aimed at fostering self-resilience and social inclusion, effectively equipping individuals with the necessary tools and resources to break free from the cycle of poverty.
By educating the American public about its work and providing a platform for socially responsible investments, Fonkoze USA Inc. not only increases awareness of the challenges faced by communities in Haiti but also encourages financial support for sustainable development efforts. This multi-faceted approach amplifies its impact, fostering stronger communities and enhancing the lives of those it serves.
This information is meant to be a general summary of Fonkoze Usa Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $104,355
- Gross Receipts: $2,138,892
Assets and Liabilities:
- Total Assets: $6,318,801
- Total Liabilities: $3,911,694
- Net Assets: $2,407,107
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Organization Details
Founding Year
1997
Principal Officer
Erlantz Hyppolite
Website
www.fonkoze.orgNTEE Category
Code: Q123 - International
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