2014-11-13T15:53:23-07:00 2013-12-31 262176601 Easy Office dba Jitasa 1750 W Front Street Suite 200 Boise ID 83702 990 2013-01-01 830434876 AGORA PARTNERSHIPS AGOR 2025808776 1889 F St 2nd Floor WASHINGTON DC 20006 Ben Powell Managing Partner 2025808776 2014-11-13 1 Mary Soper P01402577 2082874777 2014-11-13 2013 2015-11-30 17:44:51Z Ben Powell 1889 F St 2nd Floor Washington DC 20006 909851 0 X WWW.AGORAPARTNERSHIPS.ORG X 2005 VA Agora Partnerships is an early pioneer of the impact-investing and entrepreneurship movement, with a core focus on supporting ventures at the seed and early stages. Launched in 2005 as an alliance between entrepreneurs from both Nicaragua and Columbia Business School, Agora created the first impact-investment fund of its kind in the region, trained thousands of small-business entrepreneurs in Nicaragua and has helped drive approximately $5 million into more than 40 small-business entrepreneurs from across Latin America: entrepreneurs who are ready, willing, and able to build a more sustainable and successful economy. Agora's mission is to unleash their potential of business' new role in solving our common challenges. 10 9 4 0 0 372839 832648 65386 64513 3 0 -7880 -6644 430348 890517 367555 383705 0 0 299601 241909 0 10500 26971 191832 394037 858988 1030151 -428640 -139634 141396 161383 155473 365094 -14077 -203711 Agora Partnerships is an early pioneer of the impact-investing and entrepreneurship movement, with a core focus on supporting ventures at the seed and early stages. Launched in 2005 as an alliance between entrepreneurs from both Nicaragua and Columbia Business School, Agora created the first impact-investment fund of its kind in the region, trained thousands of small-business entrepreneurs in Nicaragua and has helped drive approximately $5 million into more than 40 small-business entrepreneurs from across Latin America: entrepreneurs who are ready, willing, and able to build a more sustainable and successful economy. Agora's mission is to unleash their potential of business' new role in solving our common challenges. 0 0 804952 383705 64513 Agora partnership Central America- Agora Partnerships is working with entrepreneurs in Central America to creat successful companies that will have a direct impact on local companies 0 0 0 804952 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 10 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 1 1 DC X Easy Office Inc dba Jitasa 2082874777 1750 W Front Street Suite 200 Boise ID 83702 Ben Powell Managing Partner 40 X X 100837 0 0 Melissa Cheong Director 1 0 X 0 0 0 Sue Igoe Director 0 0 X 0 0 0 Ezra Friedman Director 1 0 X 0 0 0 Holly Huffman Director 1 0 X 0 0 0 Tabitha Jordan Director 1 0 X 0 0 0 Sam Sussman Director 1 0 X 0 0 0 Elizabeth Bibb Binder Director 1 0 X 0 0 0 Eric Sillman Director 1 0 X 0 0 0 Scott Leonard Director 1 0 X 0 0 0 100837 0 0 1 0 0 0 0 0 0 34190 0 0 798458 0 832648 64513 64513 0 0 64513 0 0 0 0 0 34190 19334 -19334 0 -19334 12690 12690 0 0 12690 890517 77203 0 -19334 0 383705 383705 100837 80669 10084 10084 115167 115167 8775 7950 825 17130 17130 1817 1507 310 26755 10045 16710 10500 10500 24549 19054 1995 3500 1544 1544 27036 15929 9461 1646 11052 3132 7880 40 24020 23817 203 129294 127083 1218 993 4834 4610 62 162 1427 1427 1564 1564 Stipends 109368 107564 1804 Organizational expenses 18343 18343 0 0 12434 0 12388 46 1030151 804952 198228 26971 109611 106444 13100 24400 9139 9139 836 0 14269 26959 3580 3580 141396 161383 45473 43094 60000 7300 14700 50000 300000 0 0 155473 365094 X -75632 -285266 61555 81555 0 0 -14077 -203711 141396 161383 -139634 0 0 0 -50000 0 X 0 1 X 1 0 X 240496 564251 662318 372839 832648 2672552 240496 564251 662318 372839 832648 2672552 1432986 1239566 4755 394 578 3 0 5730 5000 455 4273 -7880 12690 14538 2692820 118376 0.46032 0.40061 X Schedule A, Part II, Line 10 General explanation - the five-year other income amount of $14,538 consisted of equity income from unconsolidated subsidiary - $7,918; prior period adjustments - $5,999 and other miscellaneous income and adjustments - $621. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 9139 9139 0 0 0 0 0 0 26959 C 26959 0 0 X 909852 0 0 0 19335 19335 890517 0 0 0 890517 1049486 0 0 0 19335 19335 1030151 0 0 0 1030151 Schedule D, Part X, Line 2 Under Section 501(c)(3) of the Internal Revenue Code, the Organization is exempt from the payment of income taxes other than net unrelated business income. No provisions for income tax are required for the year ended December 31, 2013 as the Organization had no unrelated business income. FASB ASC 740-10, Income Taxes, provides guidance for reporting uncertainty in income taxes. The Organization has performed an evaluation of uncertain tax positions for the year ended December 31, 2013, and determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements. Information returns for the years ended December 31, 2010 or later remain subject to examination by various taxing authorities. Schedule D, Part XI, Line 2d Special events direct costs reclassified as expenses in audit report. Schedule D, Part XII, Line 2d Special events direct costs reclassified as expenses in audit report. Central America and the Caribbean Agora Partnership doesn't make grants per se, rather we transfer funds though our affiliate, a legally separate organization, Agora Partnership Nicaragua. Agora partnership is working with entrepreneurs in Central America to create successful companies that will have a direct impact in local economies. Agora partnerships maintains very tight controls in ensuring that such grants are used appropriately. 383705 Wire transfer 0 1 0 0 0 1 0 0 0 Annual Gala 34190 34190 0 0 0 0 0 0 19334 0 0 34190 34190 0 0 0 0 0 0 19334 19334 -19334 Tabitha Jordan Member, Board of Directors Emergency working capital X 100000 100000 0 1 1 Adam Weissman Foundation Affiliate organization Bridge loan until grant funds received X 200000 200000 0 1 1 300000 Schedule L, Part II During the year the Organization obtained financing support in the form of notes payable from two related parties. The Organization borrowed $100,000 interest-free from a board member for short-term working capital, and $200,000 short-term, interest-free, from a related organization. the amount was due upon the Organization's receipt of certain private foundation grant. Form 990, Part VI, Section B, Line 11b The final draft Form 990 is given to individual board members for review. The paid tax preparer is available for questions. Form 990, Part VI, Section B, Line 12c The Board of Directors reviews the conflict of interest policy annually. When financial or business interests on an officer or board member may be connected to any activity of the organization, it is brought to the attention of the board for review and resolution. Form 990, Part VI, Section B, Line 15 The Board of Directors approves the Managing Partner's compensation when preparing Agora partnership's annual budget. The Board review compensation paid to other management for organizations similar in size and mission to Agora Partnership. Form 990, Part VI, Section C, Line 19 Agora Partnerships makes its governing documents, conflict of interest policy, financial statements and Form 990 available upon request. This form 990 is also available at the GuideStar website. Agora Venture Fund Nicaragua GP Ltd -The General Partner PO Box 847 Capital One Place Grand Cayman KY1-11-2 Cayman Islands CJ 980573307 See Part VII CJ 0 21498 N/A Agora Management Corp 1889 F Street NW 2nd Floor Washington DC 20006 208122817 Works with the Agora Venture Fund GP to manage the Agora Venture Fund DE 12690 31259 N/A Agora Venture Fund (Nicaragua) LP - The Fund PO Box 847 One Capital Place Grand Cayman Cayman Islands CJ KY1-11-3 980525642 Impact Investing CJ N/A Unrelated 0 1 Agora Management Company 1707 N Street NW Washington DC 20036 208122817 See Part VII DE N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule R, Part I Agora Venture Fund Nicaragua GP Ltd (The General Partner) is an exempted company with limited liability incorporated in the Cayman Islands. The General Partner is responsible for the day to day management of Agora management Fund LP (Nicaragua) (The Fund). The Fund is an exempted limited partnership registered in the Cayman Islands. The Fund supports Agora partnership's mission by investing in the equity and debt of small companies capable of creating positive social and economic returns. Agora partnership's managing partner, Ben Powell, is the sole director of the General partner. Schedule R, Part IV Agora management Corp works with Agora Venture Fund Nicaragua GP Ltd (The General Partner) to manage Agora Management Fund (Nicaragua), LP (the fund). The General Partner pays the Management Corp an annual management fee based on a percentage of committed monies paid by investors to the fund at the end of each calendar year. The management Corp also pays Agora Partnerships' managing partner a fee for his work specifically related to the Fund.