2022-04-06T10:24:08-05:00 2021-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2021-01-01 522022113 FONKOZE USA INC FONK 2026289033 1900 L STREET NW 304 WASHINGTON DC 20036 MABEL VALDIVIA-DIAZ EXECUTIVE DIRECTOR 2026289033 2022-04-06 1 MABEL VALDIVIA-DIAZ XXX-XX-XXXX PAMELA GRAY P01237506 4105840060 2022-04-06 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MABEL VALDIVIA-DIAZ 1900 L STREET NW 304 WASHINGTON DC 20036 3229586 0 X WWW.FONKOZE.ORG X 1997 NY RAISE PROGRAM FUNDS, ACCEPT SOCIAL LOANS, AND FACILITATE TECHNICAL SUPPORT FOR FONKOZE FAMILY. 18 18 9 18 0 0 2275846 2996259 0 0 145578 135047 86958 98280 2508382 3229586 1246693 1680557 0 0 682649 754158 0 0 224270 428788 434395 2358130 2869110 150252 360476 5095638 5674666 3450571 3598232 1645067 2076434 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 1442833 1442833 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 POOR 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. 290097 EDUCATION: FONKOZE USA EDUCATES THE AMERICAN PUBLIC ABOUT FONKOZE'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. VARIOUS ENGAGEMENT OPPORTUNITIES PRESENTED THEMSELVES INCLUDING VIRTUALLY HELD PANEL DISCUSSIONS WITH THE HAITIAN TIMES AND OTHER STAKEHOLDERS DISCUSSING THE EMERGENCY RESPONSE AFTER THE 2021 EARTHQUAKE. 660998 237724 FONKOZE FAMILY TO SUPPORT BOTH PROGRAMS AND CAPACITY-BUILDING NEEDS. TECHNICAL ASSISTANCE INCLUDES (BUT IS NOT LIMITED TO) GRANT WRITING AND RESEARCH, COMMUNICATIONS AND BRAND MARKETING, AS WELL AS PARTNERSHIP FACILITATION AND SOCIAL LOAN MANAGEMENT. IN 2021, AS A RESULT OF THE EMERGENCY RESPONSE TO THE EARTHQUAKE, FONKOZE'S SOCIAL MEDIA CHANNELS RESULTED IN RAISING OVER $650,000 TO SUPPORT THE FAMILIES AND COMMUNITIES AFFECTED BY THE EMERGENCY. 2393928 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 9 0 1 9 1 0 1 HA 0 0 0 0 0 0 0 0 X 18 18 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 MABEL VALDIVIA-DIAZ 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 KATHRYN LEININGER CORTES 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 FATHER JOSEPH B PHILIPPE CSSP BOARD MEMBER 2.00 X 0 0 0 MARJORIE ROBERTS BOARD MEMBER 2.00 X 0 0 0 LAURA ROBERTS WRIGHT 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 NAVNEET RANGRA COMPTROLLER 40.00 X 93224 0 3676 MABEL VALDIVIA-DIAZ EXECUTIVE DIRECTOR 40.00 X 155142 0 8858 248366 0 12534 1 0 1 0 0 204185 2792074 276686 2996259 135047 135047 CONTRACT INCOME 561499 98280 98280 98280 3229586 0 0 233327 1680557 1680557 260900 156629 52716 51555 358758 215377 72489 70892 22201 13328 4486 4387 56273 33783 11370 11120 56026 33635 11320 11071 3500 3500 74015 35053 16798 22164 5094 4140 8 946 96215 62920 16134 17161 34115 12774 12311 9030 55600 31136 16124 8340 19949 15020 2742 2187 8558 5173 1859 1526 59431 59431 8026 4071 2811 1144 ALL OTHER EXPENSES 43053 8033 22389 12631 MISCELLANEOUS 26839 22868 3855 116 2869110 2393928 250912 224270 133599 539028 42642 596480 142524 13757 4386 34850 34850 0 0 1063870 1132843 616920 856541 2600522 2912167 27848 87177 5095638 5674666 77630 31065 549000 549000 205207 106000 2618734 2912167 3450571 3598232 X 591222 1621714 1053845 454720 1645067 2076434 5095638 5674666 360476 70891 0 X X 0 1 X 1 0 X 1516731 2503367 1886435 2275846 2996259 11178638 1516731 2503367 1886435 2275846 2996259 11178638 1490136 9688502 14669 139397 75010 131209 135047 495332 54163 72537 83273 86958 98280 395211 12069181 0.80270 0.76950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1063870 130673 -61700 1132843 972360 91510 1063870 812134 600 159626 972360 859925 139397 -187134 812134 754153 1000 104772 859925 0.00000 0.18000 0.82000 0 0 3035 3035 0 6224 6224 0 25591 25591 0 0 INVESTMENT IN FONKOZE S. A. 856541 F 856541 LOAN RECEIVABLES, RELATED PARTY 2912167 F 2912167 LOAN PAYABLE, INVESTORS 2912167 2912167 X 3300477 70891 70891 3229586 0 3229586 2869110 0 2869110 0 2869110 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, 2021, 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, 2021, THE STATUTE OF LIMITATIONS FOR YEARS 2018 THROUGH 2021 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. 1 CENTRAL AMERICA AND THE CARIBBEAN GRANTS 1680557 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM INVESTMENTS / PAYABLES 2912167 0 0 0 0 0 0 4592724 0 4592724 CENTRAL AMERICA & THE CARIBBEAN EDUCATION AND SUPPORT 1680557 WIRE TRANSFER 0 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X 0 0 0 0 0 0 0 0 0 MABEL VALDIVIA-DIAZ EXECUTIVE DIRECTOR 155142 0 0 0 0 0 0 0 8858 0 164000 0 0 0 X 5 276686 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 LAURA ROBERTS WRIGHT AND MARJORIE ROBERTS, BOTH BOARD MEMBERS ARE SISTERS. 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. FORM 990, PART XII, LINE 2C NO CHANGE FROM LAST 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 2912167 FMV SEVIS FINANSYE FONKOZE SA B 165656 FMV FONDASYON KOLE ZEPOL B 1572428 FMV