2023-07-03T11:03:24-05:00 2022-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2022-01-01 522022113 FONKOZE USA INC FONK 2026289033 1900 L STREET NW 304 WASHINGTON DC 20036 ERLANTZ HYPPOLITE EXECUTIVE DIRECTOR 2026289033 2023-06-30 1 ERLANTZ HYPPOLITE XXX-XX-XXXX 0 PAMELA GRAY P01237506 4105840060 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERLANTZ HYPPOLITE 1900 L STREET NW 304 WASHINGTON DC 20036 3182924 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. 12 12 13 16 0 0 2996259 2881034 0 0 135047 197422 98280 104468 3229586 3182924 1680557 1081132 0 0 754158 910830 0 0 280587 434395 585466 2869110 2577428 360476 605496 5674666 6318801 3598232 3911694 2076434 2407107 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 1050748 1050748 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. 390610 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. 532688 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. 1974046 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 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 8 0 1 13 1 0 1 HA 0 0 0 0 0 0 0 0 X 12 12 1 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 BETH DANIELS SECRETARY 2.00 X X 0 0 0 LAURA STEPHENS 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 KAVEH H AZIMI BOARD MEMBER 2.00 X 0 0 0 MACKENZIE KELLER BOARD MEMBER 2.00 X 0 0 0 LAWRENCE ARBUTHNOTT BOARD MEMBER 2.00 X 0 0 0 MARGUERITE LATHAN BOARD MEMBER 2.00 X 0 0 0 MARJORIE ROBERTS BOARD MEMBER 2.00 X 0 0 0 ROXANN THOMAS CHARGOIS BOARD MEMBER 2.00 X 0 0 0 JERRY NEMORIN BOARD MEMBER 2.00 X 0 0 0 JEAN BELIZAIRE BOARD MEMBER 2.00 X 0 0 0 LAUREN DOYLE BOARD MEMBER 2.00 X 0 0 0 MARJORIE DORCELY BOARD MEMBER 2.00 X 0 0 0 MICHELE HARTIGAN BOARD MEMBER 2.00 X 0 0 0 R CLAUDIA CYRILL BOARD MEMBER 2.00 X 0 0 0 KATIE CORTES BOARD MEMBER 2.00 X 0 0 0 MABEL VALDIVIA-DIAZ FORMER EXECUTIVE DIRECTOR 40.00 X 103892 0 0 SHERRY TODD-GREEN DEPUTY DIRECTOR / DIRECTOR, COMMUNICATIONS AND BRA 40.00 X 152500 0 2500 NAVNEET RANGRA CONTROLLER 40.00 X 101419 0 0 KEVIN CAVANAUGH MAJOR GIFTS OFFICER 40.00 X 41562 0 0 399373 0 2500 3 0 1 0 0 2881034 254595 2881034 197422 197422 CONTRACT INCOME 561499 104468 104468 104468 3182924 0 0 301890 1081132 1081132 357810 232734 57207 67869 416432 270863 66580 78989 11350 7382 1815 2153 50627 32930 8094 9603 74611 48530 11929 14152 9116 9116 105047 45496 21011 38540 7777 6288 7 1482 117327 66091 13381 37855 38312 13834 16097 8381 51153 30825 12474 7854 57583 48940 4067 4576 7861 3237 2312 2312 62558 62558 7437 3486 2972 979 BAD DEBT 73699 73699 ALL OTHER EXPENSES 38025 19720 12463 5842 MISCELLANEOUS 9571 9571 2577428 1974046 322795 280587 539028 581698 28061 142524 706224 4386 4623 34850 34850 0 0 1132843 894859 856541 856541 2912167 3050615 87177 196180 5674666 6318801 31065 57012 549000 549000 106000 106000 2912167 3199682 3598232 3911694 X 1621714 1344259 454720 1062848 2076434 2407107 5674666 6318801 605496 -274823 0 X X 0 1 X 1 0 X 2503367 1886435 2275846 2996259 2881034 12542941 2503367 1886435 2275846 2996259 2881034 12542941 1461786 11081155 139397 75010 131209 135047 197422 678085 72537 83273 86958 98280 104468 445516 13666542 0.81080 0.80270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1132843 -237984 894859 1063870 130673 -61700 1132843 972360 91510 1063870 812134 600 159626 972360 859925 139397 -187134 812134 0.22000 0.78000 0 0 3035 3035 0 6224 6224 0 25591 25591 0 0 INVESTMENT IN FONKOZE S. A. 856541 F 856541 LOAN RECEIVABLES, RELATED PARTY 3050615 F 3050615 LOAN PAYABLE, INVESTORS 3037524 OPERATING LEASE LIABILITY 162158 3199682 X 2908101 -274823 -274823 3182924 0 3182924 2577428 0 2577428 0 2577428 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, 2022, 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, 2022, THE STATUTE OF LIMITATIONS FOR YEARS 2019 THROUGH 2022 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 1081132 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM INVESTMENTS / PAYABLES 3037524 0 0 0 0 0 0 4118656 0 4118656 CENTRAL AMERICA & THE CARIBBEAN EDUCATION AND SUPPORT 1081132 WIRE TRANSFER 0 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X 0 0 0 0 0 0 0 0 0 SHERRY TODD-GREEN DEPUTY DIRECTOR / DIRECTOR, COMMUNIC 152500 0 0 0 0 0 0 0 2500 0 155000 0 0 0 X 532 254595 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE INTERIM EXECUTIVE DIRECTOR AND A BOARD MEMBER HAVE A FAMILY RELATIONSHIP. 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. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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 549000 FMV SEVIS FINANSYE FONKOZE SA E 3037524 FMV FONDASYON KOLE ZEPOL B 1056269 FMV