Agora Partnerships
- Assets
- $562.8k
- Revenue
- $805.0k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 83-0434876
Organization Overview
Agora Partnerships is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agora Partnerships is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Agora Partnerships generated $805.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $754.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AGORA'S MISSION IS TO ACCELERATE THE SHIFT TO A SUSTAINABLE, INCLUSIVE, AND PROSPEROUS ECONOMY. AGORA ACCOMPLISHES ITS MISSION BY SUPPORTING EARLY-STAGE COMPANIES FOCUSED ON SOLVING CRITICAL SOCIAL AND ENVIRONMENTAL CHALLENGES THROUGH INCREASED ACCESS TO HUMAN, SOCIAL, AND FINANCIAL CAPITAL AND RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIABLE PAYMENT OBLIGATION (VPO) PROGRAM - PROGRAM DESIGNED TO INCREASE ACCESS TO FINANCE (THROUGH A PARTNER BANK) AND PROVIDE ENTERPRISE GROWTH SERVICES FOR UNDERSERVED, WOMEN-OWNED SMALL AND GROWING BUSINESSES IN LATIN AMERICA. THIS PROGRAM INITIATED IN NICARAGUA AND HAS SINCE BEEN EXPANDED TO EL SALVADOR AND COLOMBIA.
TASK FORCE FOR ECONOMIC AND SOCIAL RECOVERY IN LATIN AMERICA - COVID-19 HAS EXACERBATED LATIN AMERICA'S POSITION AS THE MOST ECONOMICALLY UNEQUAL REGION IN THE WORLD. POVERTY HAS INCREASED BY 4% AND PER CAPITA INCOME FELL TO LEVELS OF OVER A DECADE AGO. ALMOST 3 MILLION ENTERPRISES, THE MAJORITY OF THEM SMALL BUSINESSES (SBS), ARE IN DANGER OF CLOSING, PUTTING 8.5 MILLION JOBS AT RISK. IN ORDER TO SPUR SUSTAINABLE RECUPERATION, THE REGION MUST FOCUS ON MORE INCLUSIVE DEVELOPMENT, PUTTING A STAKE IN PURPOSE-DRIVEN SBS THAT CAN REPAIR THE SOCIAL FABRIC AND BACKSLIDING CAUSED BY THE PANDEMIC. FOR THESE SBS TO SUCCEED, THEY NEED THE RIGHT TRAINING, MARKET LINKAGES, AND CAPITAL FOR THEIR STAGE AND NEEDS. NO ONE ORGANIZATION CAN MEET ALL THE NEEDS A GIVEN SB REQUIRES. OUR PROPOSAL IS THEREFORE TO LEVERAGE THE LARGEST NETWORK OF ENTREPRENEURIAL SUPPORT ORGANIZATIONS (ESOS) IN THE LATIN AMERICAN ECOSYSTEM TO SUPPORT PURPOSE-DRIVEN SBS WITH THE POTENTIAL TO FUEL INCLUSIVE PROSPERITY ACROSS LATIN AMERICA.
ACADEMY OF WOMEN ENTREPRENEURS (AWE) IN THE U.S. DEPARTMENT OF STATE'S BUREAU OF EDUCATION AND CULTURAL AFFAIRS (ECA) - PROVIDE RESOURCES FOR WOMEN TO PARTICIPATE IN ONLINE TRAINING COURSES DEVELOPED IN THE UNITED STATES WITH THE HELP AND LOCAL ADAPTATION OF ECA AND U.S. EMBASSY EXCHANGE ALUMNI, ENTREPRENEURS, AND OTHER LOCAL PARTNERS. CREATE NETWORKS THAT PROMOTE ACCESS OF AWE PARTICIPANTS TO INDIVIDUAL MENTORING, TRADE ASSOCIATIONS, AND GROWTH OPPORTUNITIES IN THE REGION AND IN THE UNITED STATES. GIVE ACCESS TO ECA AND THE RECIPIENT'S RESOURCES AND PROGRAMS THAT WILL HELP WOMEN REALIZE THEIR BUSINESS IDEAS. PROVIDE 250 WOMEN ENTREPRENEURS WITH THE NECESSARY TOOLS TO START THEIR BUSINESS OR TO MOVE IT TO THE NEXT STAGE.
ALL OTHER PROGRAMS INCLUDING US EMBASY PAS GRANT NICARAGUA, TRAIN THE TRAINER, DELTA FUND, AND OTHER GRANTS PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecilia Foxworthy CEO | Officer | 40 | $99,000 |
Benjamin Powell Board Member | Trustee | 1 | $0 |
Christopher Jurgens Board Member | Trustee | 1 | $0 |
Eric Sillman Board Member | Trustee | 1 | $0 |
Tabitha Jordan Board Member | Trustee | 1 | $0 |
Tom Mitchell Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $102,407 |
| All other contributions, gifts, grants, and similar amounts not included above | $575,891 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $678,298 |
| Total Program Service Revenue | $126,739 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $805,046 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $312,168 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,000 |
| Compensation of current officers, directors, key employees. | $9,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $171 |
| Payroll taxes | $9,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,931 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,815 |
| Advertising and promotion | $1,175 |
| Office expenses | $17,300 |
| Information technology | $1,236 |
| Royalties | $0 |
| Occupancy | $4,125 |
| Travel | $159 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,530 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,458 |
| All other expenses | $0 |
| Total functional expenses | $754,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $497,518 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,500 |
| Accounts receivable, net | $20,240 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,514 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $562,772 |
| Accounts payable and accrued expenses | $22,900 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $68,389 |
| Other liabilities | $0 |
| Total liabilities | $91,289 |
| Net assets without donor restrictions | $385,221 |
| Net assets with donor restrictions | $86,262 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $562,772 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Agora Partnerships has recieved totaling $10,005.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: International Development | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central European University New York, NY | $577,160,061 | $72,058,098 |
Oxfam-America Inc Boston, MA | $98,567,095 | $108,365,278 |
Helen Keller International New York, NY | $112,029,852 | $121,068,878 |
Action Against Hunger Usa New York, NY | $114,998,583 | $117,737,270 |
Jewish National Fund -Keren Kayemeth Leisrael- Inc New York, NY | $532,275,365 | $140,855,420 |
Concern Worldwide U S Inc New York, NY | $28,102,900 | $75,183,447 |
Brac Usa Inc New York, NY | $39,074,186 | $26,089,482 |
American Society For Technion- Israel Institute Of Technology Inc New York, NY | $552,165,498 | $74,453,195 |
The American College Of Greece Boston, MA | $67,377,188 | $58,892,639 |
King Baudouin Foundation United States Inc New York, NY | $71,313,887 | $81,640,878 |
World Education Inc Boston, MA | $10,873,421 | $51,800,410 |
Citihope International Inc Margaretsville, NY | $17,709,063 | $34,849,219 |