2024-07-18T08:38:44-05:00 2023-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2023-01-01 522022113 FONKOZE USA INC FONK 2026289033 1900 L STREET NW 304 WASHINGTON DC 20036 ERLANTZ HYPPOLITE EXECUTIVE DIRECTOR 2026289033 2024-07-16 1 ERLANTZ HYPPOLITE XXX-XX-XXXX 1 PAMELA GRAY P01237506 4105840060 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ERLANTZ HYPPOLITE 1900 L STREET NW 304 WASHINGTON DC 20036 2922576 0 X WWW.FONKOZE.ORG X 1997 NY FONKOZE USA, INC. (THE ORGANIZATION) IS AN AMERICAN 501(C)(3) NONPROFIT ORGANIZATION THAT OPERATES EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING, BUT NOT LIMITED TO, RAISING, DONATING, AND LENDING CHARITABLE FUNDS AND FACILITATING TECHNICAL ASSISTANCE TO ITS FONKOZE PARTNERS (FONDASYON KOLE ZEPOL AND SEVIS FINANSYE FONKOZE) AND OTHER ORGANIZATIONS EMPOWERING THE POOR ACROSS HAITI, AND INCREASING PUBLIC AWARENESS ABOUT HAITI AND THE SERVICES AND PROGRAMS PROVIDED BY FONKOZE AND THE DEVELOPMENT ORGANIZATIONS THAT THE CORPORATION SUPPORTS. 11 11 13 11 0 0 2881034 2621312 0 0 197422 184707 104468 116557 3182924 2922576 1081132 1175927 0 0 910830 825194 0 0 189432 585466 371513 2577428 2372634 605496 549942 6318801 6415335 3911694 3419148 2407107 2996187 FONKOZE USA SECURES FINANCIAL AND TECHNICAL SUPPORT FOR ITS HAITIAN PARTNERS AND EDUCATES THE AMERICAN PUBLIC ABOUT FONKOZE'S WORK IN HAITI. FONKOZE USA ALSO ACTS AS A CHANNEL FOR SOCIALLY RESPONSIBLE INVESTORS WHO WANT TO "INVEST" IN FONKOZE'S LOAN FUND. 0 0 1170055 1170055 GRANTMAKING: FONKOZE USA RAISES PROGRAM FUNDS TO SUPPORT THE FONKOZE FAMILY OF ORGANIZATIONS IN HAITI. GRANTS, BOTH UNRESTRICTED AND RESTRICTED, SUPPORT A WIDE VARIETY OF FONKOZE'S PROGRAMS INCLUDING SOCIAL INCLUSION AND SELF-RESILIENCE, ADULT LITERACY AND EDUCATION, HEALTH INITIATIVES, AS WELL AS MICRO-CREDIT AND OTHER ECONOMIC EMPOWERMENT ACTIVITIES. THROUGH THESE PROGRAMS, HUNDREDS OF THOUSANDS OF ECONOMICALLY VULNERABLE AND DISENFRANCHISED HAITIANS ACROSS THE COUNTRY ARE NOT ONLY EQUIPPED WITH THE TOOLS AND RESOURCES NEEDED TO BREAK THE CYCLE OF POVERTY, BUT THEY ARE SUPPORTED THROUGHOUT THEIR JOURNEY. 303946 EDUCATION: FONKOZE USA EDUCATES THE AMERICAN PUBLIC ABOUT THE FONKOZE FAMILY'S EMPOWERING WORK THROUGHOUT HAITI. COMMUNICATIONS ARE DISSEMINATED THROUGH A NUMBER OF CHANNELS, INCLUDING FACE-TO-FACE, DIRECT MAIL, AND DIGITAL, TO ENGAGE AUDIENCES IN A HOLISTIC WAY. 479480 5872 TECHNICAL ASSISTANCE: TO SUPPORT FONKOZE FAMILY PROGRAMS AND CAPACITY-BUILDING NEEDS, FONKOZE USA SUPPORTS ITS PARTNERS IN HAITI BY PROVIDING TECHNICAL ASSISTANCE. THIS INCLUDES (BUT IS NOT LIMITED TO) GRANT WRITING AND RESEARCH, COMMUNICATIONS AND BRAND MARKETING, AS WELL AS PARTNERSHIP FACILITATION AND SOCIAL LOAN MANAGEMENT. 1953481 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 9 0 1 13 1 0 1 HA 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NC OR PA RI SC TN UT VA WV WI X X X ERLANTZ HYPPOLITE 2026289033 1900 L STREET NW 304 WASHINGTON DC 20036 LAWRENCE ARBUTHNOTT CHAIR 2.00 X X 0 0 0 LISA W CLARK VICE-CHAIR 2.00 X X 0 0 0 ROBYN MORDENO TREASURER 2.00 X X 0 0 0 MICHELE HARTIGAN BOARD MEMBER 2.00 X X 0 0 0 JEAN BELIZAIRE BOARD MEMBER 2.00 X 0 0 0 ROXANN THOMAS CHARGOIS BOARD MEMBER 2.00 X 0 0 0 KATIE CORTES BOARD MEMBER 2.00 X 0 0 0 R CLAUDIA CYRILL BOARD MEMBER 2.00 X 0 0 0 MARJORIE DORCELY BOARD MEMBER 2.00 X 0 0 0 MACKENZIE KELLER BOARD MEMBER 2.00 X 0 0 0 CLIFFORD REGINALD NAU BOARD MEMBER 2.00 X 0 0 0 ERLANTZ HYPPOLITE EXECUTIVE DIRECTOR 40.00 X 143333 0 0 SHERRY TODD-GREEN INTERIM EXECUTIVE DIRECTOR 40.00 X 64384 0 0 207717 0 0 1 0 0 0 0 2621312 352381 2621312 184707 184707 CONTRACT INCOME 561499 116557 116557 116557 2922576 0 0 301264 1175927 1175927 197717 131730 35767 30220 494776 329640 89514 75622 6949 4630 1257 1062 48626 32397 8797 7432 77126 51385 13953 11788 17661 17661 84472 60199 1138 23135 5857 4750 69 1038 57626 27491 16629 13506 36772 13628 13228 9916 37959 20498 13665 3796 13348 11089 1160 1099 7475 3348 1997 2130 62944 62944 8925 3994 3809 1122 MISCELLANEOUS 2789 1181 813 795 35685 18650 10264 6771 2372634 1953481 229721 189432 581698 950696 28061 706224 894157 4623 8532 34850 34850 0 0 894859 969104 856541 856541 3050615 2615510 196180 120795 6318801 6415335 57012 54680 549000 549000 106000 100000 3199682 2715468 3911694 3419148 X 1344259 1782627 1062848 1213560 2407107 2996187 6318801 6415335 549942 39138 0 X 0 1 X 1 0 X 1886435 2275846 2996259 2881034 2621312 12660886 1886435 2275846 2996259 2881034 2621312 12660886 1142851 11518035 75010 131209 135047 197422 184707 723395 83273 86958 98280 104468 116557 489536 13873817 0.83020 0.81080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 894859 74245 969104 1132843 -237984 894859 1063870 130673 -61700 1132843 972360 91510 1063870 812134 600 159626 972360 0.21000 0.79000 0 0 3035 3035 0 6224 6224 0 25591 25591 0 0 INVESTMENT IN FONKOZE S. A. 856541 F 856541 LOAN RECEIVABLES, RELATED PARTY 2615510 F 2615510 LOAN PAYABLE, INVESTORS 2602420 OPERATING LEASE LIABILITY 113048 2715468 X 2961714 39138 39138 2922576 0 2922576 2372634 0 2372634 0 2372634 PART X, LINE 2: THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2023, THE STATUTE OF LIMITATIONS FOR YEARS 2020 THROUGH 2023 REMAIN OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE STATE AND LOCAL JURISDICTION IN WHICH THE ORGANIZATION FILES TAX RETURNS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS INCOME TAX EXPENSE. PART VIII, LINE 2 SEE THE AUDITED FINANCIAL STATEMENTS FOR ADDITIONAL DISCLOSURES RELATED TO LOANS RECEIVABLE, RELATED PARTY. PART X, LINE 2 SEE THE AUDITED FINANCIAL STATEMENTS FOR ADDITIONAL DISCLOSURES RELATED TO LOANS PAYABLE, RELATED PARTIES, INVESTORS. 0 CENTRAL AMERICA AND THE CARIBBEAN GRANTS 1175927 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM INVESTMENTS / PAYABLES 2615510 0 0 0 0 0 0 3791437 0 3791437 CENTRAL AMERICA & THE CARIBBEAN EDUCATION AND SUPPORT 1175927 WIRE TRANSFER 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 X 1397 252381 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE ORGANIZATION'S FINANCIAL OFFICER, THE MEMBERS OF ITS BOARD, AND AN INDEPENDENT CPA. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH INQUIRY OF ALL PARTIES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR OFFICERS AND OTHER KEY EMPLOYEES IS EVALUATED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (BY-LAWS), CONFLICT OF INTEREST POLICY, DONOR RIGHTS POLICY, AND FINANCAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS WEBSITE. FONDAYSON KOLE ZEPOL 119 AVENUE CHRISTOPHE PORT-AU-PRINCE HA DEVELOPMENT SERVICES AND PROGRAMS TO SUPPORT THE ULTRA-POOR HA N/A 0 SEVIS FINANSYE FONKOZE SA 119 AVENUE CHRISTOPHE PORT-AU-PRINCE HA MICROLOANS HA N/A 0.03450 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FONDASYON KOLE ZEPOL B 1717396 FMV SEVIS FINANSYE FONKOZE SA E 2602420 FMV