New York · Nonprofit
Financial Services Volunteer Corps Inc
Financial Services Volunteer Corps Inc (New York) receives grants from 18 organizations whose IRS filings report $5,522,677 to it, the largest being VOLUNTEERS FOR ECONOMIC GROWTH ALLIANCE ($2,832,892). 12 of them have funded it in more than one year.
- Revenue FY2024
- $11M
- Funders on record
- 18
- Grants received
- $5.5M
- Net assets
- $3.9M
What Financial Services Volunteer Corps Inc does
Mission
Fsvc's mission is to help build sound financial sectors to support healthy market-oriented economies in developing and emerging market countries.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
With funding from U.S. Embassy Panama, FSVC launched in July 2024 an 8-months program (G439) focused on Strengthened the management and programmatic capacity of CSOs in Belize, Costa Rica and Panama, as well as their networks within each country, and between the three countries to establish a robust framework for regional communication and coordination. With funding from U.S. Department of State-DRL, FSVC launched in September 2024 a 3-year program (G449) in Angola focused on Building the skills and resources of local independent media to produce fact-based reporting, train journalists in how to be better equipped to protect themselves, and assist the government in improving the legal and regulatory framework for press freedom. With funding from U.S. Embassy Nouakchott, Mauritania, FSVC launched in September 2024 a 6-month program (G448) focused on Assisting CSOs in planning the expansion of a CSO-led budget coalition focused on budget advocacy, and the Supreme Audit Institution to identify key training needs to conduct risk-based financial and compliance audits. With funding from U.S. Department of State-CT, FSVC launched in September 2024 a 2-year program in Nigeria, Tajikistan and Kosovo (G445) focused on Helping key public and private sector stakeholders adopt a multi-pronged approach to counter the financing of terrorism conducted through the misuse of crowdfunding platforms, building an effective regulatory framework for the non-profit sector to counter terrorist use…
Its own explanation, from Schedule O of that return (Part III, line 2).
Niger (50) - with funding from the u.s. Agency for international development, fsvc launched in 2019 a program 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, csos and the government, to identify and implement targeted priority reforms. In 2022, fsvc received a cost-extension for additional programming focused on women, peace and security (wps) that included the addition of a fourth objective: 4) women are valued economic agents contributing to their household's economy and community's recovery and resilience to conflict and extremism. In 2023, fsvc completed a series of 48 long and short-term activities that included: 1) providing support to the ministry for the promotion of women and protection of children in the implementation of the wps agenda; 2) training for local csos on women…
$2,250,036 spent25% of program spendingWith funding from the u.s. Department of state-drl, fsvc launched in august 2022 a 2.5-year program in sudan (g455) to help build the capacity of csos to monitor the extractive industry sector and advocate for reform and strengthened the ability of media to investigate and report on corruption in the sector.
$957,582 spent11% of program spendingAngola/eswatini/lesotho/south africa (48): with funding from the u.s. Agency for international development, fsvc launched in 2020 a program focused on three objectives, with implementation in angola, eswatini, lesotho and south africa: 1) strengthen the governance, accounting and public financial management capacity of key government institutions; 2) enhance the oversight capacities of key government institutions and civil society organizations (csos) to minimize fraud, waste and abuse of state resources and reinforce transparency and accountability; and 3) create a knowledge-sharing network to connect key government institutions and csos across the region to promote south-south learning. In 2023, fsvc completed a series of 22 activities that included: 1) consultations with eswatini's anti-corruption commission on developing a corruption risk assessment plan; 2) training in anti-money laundering for south africa's national prosecuting authority; 3) training in lesotho in cso-government collaboration to increase transparency and accountability; and 4) training for the ministry of health of angola in procurement procedures in the health sector. (expenses $ 4,853,542 including…
$895,900 spentof which $857,511 as grants$136,459 earned by the program10% of program spendingThe other fsvc's programs included the following: tunisia, albania (2 programs), angola (drl), tajikistan (2 programs), iraq (2 programs) algeria, mauritania/senegal, mauritania, panama, central america, counter malign influence, pacific islands, drc/inl, indonesia, balkans & cypress. Total expenses included 8 new program expenses.
$4,853,542 spent54% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,957,060.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.3M to $10M (+131%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 88% · 2018 81% · 2019 89% · 2020 89% · 2021 90% · 2022 91% · 2023 95% · 2024 93%. Grants only. Government contracts and fees sit inside program revenue.
98% of Financial Services Volunteer Corps Inc’s revenue is contributions — more donation-reliant than the typical peer (96% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
J Andrew Spindler
President and CEO
Board chair
Julian C Schroeder
Chairman and Treasurer
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 9 funders to 6 funders, grant income fell $1.7M → $106k.
4 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Financial Services Volunteer Corps Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Financial Services Volunteer Corps Inc leans on a few funders — its largest provides 51% of grant income and the top three 76%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Financial Services Volunteer Corps Inc.
Largest funder’s share by year: 2017 85% · 2018 81% · 2019 75% · 2020 21% · 2021 45% · 2022 75% · 2023 47% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
54% of Financial Services Volunteer Corps Inc's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
Financial Services Volunteer Corps Inc draws 89% of its grant income from funders outside New York, across 8 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $731k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Financial Services Volunteer Corps Inc runs a healthier operating margin than half of the 363 international nonprofits its size.
this organization peer median middle 50% of peers· 363 international nonprofits $10M–$100M, FY2024
Government funding Financial Services Volunteer Corps Inc receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $54.7M on record.
- Department of State$28.5M
- Agency for International Development$26.2M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Financial Services Volunteer Corps Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Financial Services Volunteer Corps Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Financial Services Volunteer Corps Inc?
- Financial Services Volunteer Corps Inc (New York) receives grants from 18 organizations whose IRS filings report $5,522,677 to it, the largest being VOLUNTEERS FOR ECONOMIC GROWTH ALLIANCE ($2,832,892). 12 of them have funded it in more than one year.
- How many funders does Financial Services Volunteer Corps Inc have?
- IRS filings report 18 organizations giving $5,522,677 in grants to Financial Services Volunteer Corps Inc, 12 of which have funded it in more than one year.
- Who is the largest funder of Financial Services Volunteer Corps Inc?
- VOLUNTEERS FOR ECONOMIC GROWTH ALLIANCE is the largest funder on record, with $2,832,892 in grants. The full list of funders is on this page.
- How can an organization like Financial Services Volunteer Corps Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Financial Services Volunteer Corps →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 18 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing