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Koinonia Ventures Inc
Woodbury, NY · EIN 821443905 · Form 990 · FY2024 · NTEE S30 · Community Improvement · Small ($100K-$1M) · koinonia-ventures.org
revenue
$353K
expenses
$276K
net assets
$796K
employees
0
program ratio
79%
mission · from form 990

The purposes of the corporation are as follows: To establish and operate a charitable corporation dedicated to encouraging and supporting young individuals to become entrepreneurs by: i Connecting and introducing such individuals to business owners throughout the United States of America, providing them with the skills necessary to start a small business. ii Providing funds necessary to begin a small business. iii Exposing individuals to new technology that will help them efficiently run a small business. iv Mentoring individuals to help them achieve their goals.

profile · synthesized from sources

Koinonia Ventures Inc is a nonprofit microfinance organization that partners with Coptic Orthodox Church communities in Egypt to support aspiring entrepreneurs who lack access to traditional financial services. The organization provides interest-free loans, business training, and mentorship to help individuals launch or expand small businesses. By recycling repaid funds into new loans, Koinonia aims to create self-sustaining economic communities across rural Egypt.

named programs · 2 · from sources

What they call their work

Microlending Program
Provides interest-free loans to entrepreneurs in Egypt after evaluating their business plans and market potential; includes individualized repayment schedules
Ongoing Support and Mentorship
Offers business training, mentorship, and networking opportunities to funded entrepreneurs to ensure long-term success and community impact
activities · 3 groups

What they do

  • Small Business Technical Assistance 1 activity
    • Delivering financial and business management training
      Provides capacity-building through financial management training and business development programs for entrepreneurs in Egypt.
  • Documentary Film Production 1 activity
    • Operating a public communications channel
      Operates a YouTube channel to share content related to its mission and activities in support of transparency and outreach.
  • Small Business and Nonprofit Lending 1 activity
    • Providing interest-free loans and mentorship to entrepreneurs in Egypt
      Provides interest-free loans, business training, and mentorship to entrepreneurs identified through Coptic Orthodox Church communities in Egypt, with individualized repayment schedules based on business growth. The organization has funded and supported over 300 new business partners across 7 locations in Egypt.
financials · form 990 · fy2024
revenue
Total revenue$353K
Contributions & grants$349K99%
Program service revenue$00%
Investment income$4K1%
Other revenue$0
expenses
Total expenses$276K
Program expenses79%
Admin / overhead19%
Fundraising2%
Salaries & benefits$82K
Grants paid out$19K
Largest expense lineCompensation
balance sheet
Total assets$796K
Cash$487K
Investments$300K
Liabilities$0
Net assets$796K
Liquid reserves34.2 mo
3 years on record · 2020–2024 · YoY revenue -19.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • GUIRGUIS TADROS — Director
relationships · 7

Who they work with

  • Anba Yassa Monastery Partner — Employer of the loan recipient prior to his engagement with Koinonia Ventures
  • Coptic Orthodox Church Partner — Partnership with Coptic Orthodox Church communities in Egypt to identify and support entrepreneurs.
  • Coptic Orthodox Church Diocese of New York and New England Government — Koinonia Ventures is the official charity of the Coptic Orthodox Church Diocese of New York and New England.
  • Kindful Partner — Platform used for donation processing and fundraising
  • New York and New England Diocese Government — Founding affiliate through which Koinonia Ventures was established to support communities in Egypt.
  • Peter Partner — Artisanal blacksmith supported through a business loan and financial training
  • YouTube Partner — Utilizes YouTube as a platform to host and share video content.
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Based Entrepreneur Identification
    methodology: community-based_identification
    By using local representatives and faith-based networks to identify entrepreneurs based on character and community commitment rather than formal credit history, we increase inclusion and trust in underserved populations, because local knowledge reduces barriers to access and strengthens accountability.
  • Integrated Support Model Combining Capital and Mentorship
    methodology: integrated_support_model
    By combining microloans with mentorship, training, and peer networks, we increase the likelihood of sustainable business growth, because financial capital alone is insufficient—ongoing advisory support and community connections improve business resilience and capacity.
  • Microfinance as a Catalyst for Community-Level Economic Growth
    methodology: microfinance-for-entrepreneurship
    By providing access to credit and financial tools, we enable entrepreneurs to start and grow businesses, which generates ripple effects of job creation and local economic development, because individual business success strengthens broader community economic ecosystems.
  • Revolving Loan Model for Self-Sustaining Impact
    methodology: revolving_loan_model
    By recycling repaid loan funds into new entrepreneurial ventures, we create a self-sustaining cycle of economic empowerment that continuously expands access to capital without requiring additional donor inputs, because reuse of capital amplifies long-term impact.