Overview
What is Friends Of Senegal?
Friends of Senegal is a nonprofit organization that actively supports two Senegalese non-profits, Aider Sans Frontières and Maison de la Garre. Their primary focus is on providing interest-free loans to local entrepreneurs in Senegal who struggle to secure credit. By doing so, they aim to empower these individuals, enabling them to grow their businesses and contribute to their communities. Friends of Senegal specifically funds microfinance lending initiatives for street youth and women in Saint-Louis, Senegal. Their efforts in this area aim to foster economic growth and empowerment, ultimately benefiting the wider Senegalese society.
Is Friends Of Senegal legitimate?
Friends Of Senegal is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Senegal submitted a form 990EZ, 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.
What is the mission statement of Friends Of Senegal?
Friends of Senegal's mission involves supporting local entrepreneurs in Senegal who are unable to secure credit through traditional means. They accomplish this by providing interest-free loans through their partnership with Aider sans Frontières, a Senegalese non-profit organization. Additionally, Friends of Senegal backs Maison de la Garre, another Senegalese non-profit, in their efforts to offer interest-free loans to street youth and women in Saint-Louis, Senegal. This organization's mission is essentially centered around promoting financial inclusion and empowering local entrepreneurs in the Senegalese community.
Who is the CEO of Friends Of Senegal?
Leon Pyle is the President of Friends Of Senegal.
What is the revenue of Friends Of Senegal?
Friends Of Senegal's revenue in 2021 was $14,000.
Who are the executives of Friends Of Senegal and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990EZ for Friends Of Senegal?
Friends Of Senegal's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Friends Of Senegal
Friends of Senegal, as an organization, is dedicated to supporting local entrepreneurs in Senegal who struggle to secure credit. They accomplish this by sending financial contributions to two Senegalese non-profit entities: Aider Sans Frontières and Maison de la Garre. These non-profits offer interest-free loans to entrepreneurs in the region, helping them to start or expand their businesses. By providing this funding, Friends of Senegal aims to boost economic growth and empower local communities in Senegal.
Furthermore, Friends of Senegal specifically focuses on supporting two underrepresented groups: street youth and women in Saint-Louis, Senegal. Through their contributions to Maison de la Garre, they offer microfinance lending services to these groups, providing them with the financial resources necessary to launch or grow their own businesses. By doing so, Friends of Senegal contributes to the overall social and economic development of these communities, helping individuals to achieve financial independence and improve their quality of life.
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Impact
August, 2024
Friends of Senegal's impact can be seen in its support for local entrepreneurs in Senegal through providing interest-free loans. By sending $25,000 to Aider sans Frontiers and supporting Maison de la Garre, Friends of Senegal is enabling these organizations to help entrepreneurs who lack access to credit. Additionally, their funding for microfinance lending to street youth and women in Saint-Louis, Senegal, is crucial in empowering marginalized groups to improve their livelihoods. Through these initiatives, Friends of Senegal plays a significant role in fostering economic opportunities and social development in Senegal.
This information is meant to be a general summary of Friends Of Senegal. 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 2021.
- Gross Receipts: $14,000
Assets and Liabilities:
- Total Assets: $3,583
- Total Liabilities: $0
- Net Assets: $3,583
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Organization Details
Phone
(541) 690-6034Principal Officer
Leon Pyle
Main Address
1125 NW 12th Avenue, Portland, OR, 97209
NTEE Category
Code: P20 - Human services
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