EIN 13-3568629

Financial Services Volunteer Corps

IRS 501(c) type
501(c)(3)
Num. employees
15
Year formed
1990
Most recent tax filings
2019-12-01
Description
Financial Services Volunteer Corps (fsvc) is a not-for-profit, private-public partnership whose mission is to help build sound banking and Financial systems in transitional & developing countries. Fsvc's core work concentrates on strengthening commerc...

Program areas at Financial Services Volunteer Corps

State department program in somalia: with funding from the u.s. department of state's bureau of counterterrorism, fsvc has been implementing a program of technical assistance since 2015 to help strengthen the Financial sector in somalia and its ability to intermediate effectively Financial flows. Fsvc's program aims to support the central bank somalia (cbs)'s efforts to address the critical Financial sector reforms to adhere to the recommendations of the Financial action task force, and allay concerns of international regulatory bodies. In 2019, fsvc completed a series of 10 long-term and short-term projects, including helping the cbs improve its capacity to conduct anti-money laundering/combating the financing of terrorism (aml/cft) supervision of money transfer businesses (mtbs) and several trainings for mtbs themselves in mogadishu and baidao in how to improve their aml/cft compliance in key areas such as know-your-customer procedures and identifying suspicious activities. Fsvc also expanded its work to cover banks.
Usaid program in albania: with funding from the u.s. agency for international development, fsvc implemented 21 projects in 2019 under its Financial sector development program in albania. This program aims to promote Financial stability in albania, thanks in part by improving the quality and consistency of Financial sector regulation and supervision. Projects in 2019 included helping the albanian Financial supervisory authority enhance its insolvency/liquidation procedures for insurance companies; and assisting the bank of albania in upgrading its credit registry and exploring the feasibility of introducing instant payments in albani helping municipalities identify datasets they can disclose to the public on fsvc's open data platforms; working with public and private sector representatives from the agricultural and municipal sectors to identify useful datasets to be disclosed in open data forms; and launching informini.org access-to-information platform in french and arabic. In 2019, fsvc Volunteer experts donated a total of 761 hours to the tunisia program.
Usaid program in niger: with funding from the u.s. agency for international development, fsvc launched a program in july 2019 focused on three key objectives: 1) helping civil society organizations (csos) more actively and effectively hold the government accountable and build demand for targeted policy reforms and improved government implementation; 2) assisting key government institutions in becoming more accountable to citizens, and more effective and transparent in their operations; and 3) creating and/or strengthening constructive engagement spaces between citizens, civil society and the government to identify and implement targeted priority reforms. In 2019, fsvc completed a series of 5 long and short-term projects that included selecting scoc in niamey to take part in fsvc's cso incubator program; and conducting a series of key assessments, including a political economy assessment, a cso assessment, and a policy reform assessment.

Form 990s for Financial Services Volunteer Corps

Fiscal year endingDate received by IRSFormPDF link
2019-122021-03-02990View PDF
2018-122019-11-22990View PDF
2017-122018-10-16990View PDF
2016-122017-12-27990View PDF
2015-122017-02-22990View PDF
...and 6 more Form 990s

Who funds Financial Services Volunteer Corps

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Volunteers for Economic Growth AllianceFSVC Is A Not-For-Profit, Public-Private Partnership Whose Mission Is To Help Build the Sound Financial Systems Needed To Support Robust Market Economies in Transitional and Developing Countries. Sound Financial Infrastructure Is Essential To Support Private Entrpreneurship, Promote Job Creation, Mobilize Domestic Savings, Attract Foreign Investment, and Create Conditions That Promote Lasting Economic Oppurtunity.$1,350,561
 View purchase optionsFor Grant Recipient's Exempt Purposes$13,250
 View purchase optionsUnrestricted$12,993
...and 2 more grants received
Federal funding details
Federal agencyProgram nameAmount
U. S. Agency for International DevelopmentUSAID FOREIGN ASSISTANCE FOR PROGRAMS OVERSEAS$2,487,356
 View purchase options███ ████████ ████$░░░,░░░
 View purchase options██-███$░░░,░░░
...and 13 more federal grants / contracts

Financials for Financial Services Volunteer Corps

RevenuesFYE 12/2019
Total grants, contributions, etc.$6,803,258
Program services$401,132
Investment income and dividends$136,901
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,341,291

Personnel at Financial Services Volunteer Corps

NameTitleCompensation
J. Andrew SpindlerPresident and Chief Executive Officer$491,174
John D. PompayChief Financial and Operating Officer$272,655
Andrea PerraudManaging Director, Based in New York$210,142
 View purchase optionsManaging Director and Secretary$177,524
 View purchase optionsManaging Director, Global Programs$127,603
...and 9 more key personnel

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Center for International Private EnterpriseWashington, DC$29,026,761
Academy of Natural Sciences of PhiladelphiaPhiladelphia, PA$16,101,450
Institute for Free SpeechWashington, DC$2,564,214
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Meridian InstituteDillon, CO$13,792,069
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Simon Wiesenthal Center (SWC)Los Angeles, CA$18,769,079
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The Volcker AllianceNew York, NY$7,751,666
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Local Government CommissionSacramento, CA$6,288,691
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Heartland InstituteArlington Heights, IL$3,779,901
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$7,341,291
2019
Yearly growth
24.4%
% of revenues
n/a
Total expenses
$7,457,209
2019
Yearly growth
26.7%
% of expenses
n/a
Total assets
$3,034,338
2019
Yearly growth
-2.9%
% of assets
n/a
Num. employees
15
2019
Yearly growth
25%
% of total
n/a
General information
Address
10 E 53rd St FL Suite 36th
New York, NY 10022
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
fsvc.org/ 
Phone
(212) 771-1400
Facebook page
financial-services-volunteer-corps-fsvc 
Twitter profile
@fsvcorg 
IRS details
EIN
13-3568629
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W20: Government and Public Administration
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent