West Africa Rice Development Association
- Assets
- $24.0m
- Revenue
- $19.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 31-1602376
Organization Overview
West Africa Rice Development Association, operating under the name Africa Rice Center (AfricaRice), is located in null. The organization was established in 1999. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural 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. Africa Rice Center (AfricaRice) 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, Africa Rice Center (AfricaRice) generated $19.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $18.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) 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
TO CONTRIBUTE TO FOOD SECURITY AND POVERTY ERADICATION IN POOR, RURAL, AND URBAN POPULATIONS, PARTICULARLY IN WEST AND CENTRAL AFRICA, THROUGH RESEARCH, PARTNERSHIPS, CAPACITY STRENGTHENING AND POLICY SUPPORT ON RICE BASED SYSTEMS, AND IN WAYS THAT PROMOTE SUSTAINABLE AGRICULTURAL DEVELOPMENT BASED ON ENVIRONMENTALLY SOUND MANAGEMENT OF NATURAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENETIC DIVERSITY AND IMPROVEMENT (GDI) PROGRAM COVERS THE AREA FROM GENE TO PLANT AND AIMS TO ENHANCE GENETIC DIVERSITY AND DEVELOP IMPROVED RICE LINES ADAPTED TO ABIOTIC AND BIOTIC STRESSES AND CONSUMER PREFERENCES USING CONVENTIONAL BREEDING MARKER- ASSISTED SELECTION (MAS) AND PROFITING FROM FARMER KNOWLEDGE.
SUSTAINABLE PRODUCTIVITY ENHANCEMENT (SPE) PROGRAM COVERS CROP AND NATURAL RESOURCE MANAGEMENT (NRM) RESEARCH RELATED TO INTENSIFICATION AND DIVERSIFICATION AND PROTECTION OF ENVIRONMENTAL SERVICES IN THE FACE OF CLIMATE CHANGE, AND AIMS TO MOVE RESEARCH FROM PLOT TO SYSTEMS LEVEL AND TO INTRODUCE SYSTEMS THINKING IN GENERAL.
RICE SECTOR DEVELOPMENT (RSD) PROGRAM ACTIVELY PROMOTES THE UPTAKE OF AFRICARICE RESEARCH PRODUCTS AND METHODOLOGIES AND THEIR IMPROVEMENT THROUGH CAPACITY BUILDING, INFORMATION EXCHANGE, LINKS WITH DEVELOPMENT ACTIVITIES AND FEEDBACK TO THE THREE RESEARCH PROGRAMS OF AFRICARICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy-Macauley Harold Director General | OfficerTrustee | 40 | $281,314 |
Olatifede Kolade Oladimeji Director Of Finance And Corporate Services | Officer | 40 | $168,443 |
Ndiour-Bella Nafissatou Director Of Strategic Business Initatives | Officer | 40 | $136,823 |
Nwilene Francis Regional Rrpresentative - Nigeria | Officer | 40 | $131,380 |
Futakuchi Koichi Program Lead | Officer | 40 | $122,929 |
Nwalozie Marcellus Chief Of Staff-Secetary To The Board | Officer | 40 | $120,462 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Waheguru Travels Travel Services | 12/30/16 | $1,077,196 |
Comafrique Technologies Ict Infrastructures | 12/30/16 | $454,310 |
Skyvision Global Networks Ltd Internet Services | 12/30/16 | $286,650 |
Entretien Tous Travaux Batiment Construction | 12/30/16 | $131,086 |
Isocel Telecon Internet Services | 12/30/16 | $135,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $236,167 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,144,636 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,380,803 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $19,439,683 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,448,445 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,209,712 |
| Compensation of current officers, directors, key employees. | $1,146,018 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,445,351 |
| Pension plan accruals and contributions | $355,621 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $163,565 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,529,270 |
| Advertising and promotion | $0 |
| Office expenses | $3,372,169 |
| Information technology | $147,013 |
| Royalties | $0 |
| Occupancy | $58,592 |
| Travel | $676,900 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $423,313 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $219,488 |
| Insurance | $31,905 |
| All other expenses | $4,394,504 |
| Total functional expenses | $18,908,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,050,615 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,831,971 |
| Accounts receivable, net | $3,944,766 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $56,565 |
| Prepaid expenses and deferred charges | $3,031,303 |
| Net Land, buildings, and equipment | $3,084,028 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,999,248 |
| Accounts payable and accrued expenses | $7,361,797 |
| Grants payable | $376,567 |
| Deferred revenue | $11,403,970 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,142,334 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $4,856,914 |
| Total liabilities and net assets/fund balances | $23,999,248 |
Grants Awarded
Over the last fiscal year, West Africa Rice Development Association has awarded $733,660 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: Research act | $327,191 |
Ithaca, NY PURPOSE: Research act | $226,224 |
Muscle Shoals, AL PURPOSE: Research act | $165,980 |
UNIVERSITY OF ARKANSAS PURPOSE: Research act | $14,265 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rhodes Trust | $768,671,339 | $24,702,604 |
American School Foundation Ac | $135,091,562 | $50,074,267 |
Cgiar | $13,721,070 | $30,163,693 |
Aisg Inc | $88,681,882 | $31,560,932 |
International Centre For Agricultural Research In The Dry A | $23,633,100 | $28,256,556 |
Royal Institute Of International Affairs | $65,729,147 | $32,058,370 |
International Institute For Environment And Development | $10,168,172 | $23,640,480 |
International Institute For Sustainable Development | $63,383,709 | $23,549,185 |
Cuso International | $17,986,190 | $25,338,532 |
West Africa Rice Development Association | $23,999,248 | $19,439,683 |
Eshel-The Assn for the Planning&Develop ment of Services for the Aged in Israel | $0 | $14,530,000 |
African Agricultural Technology Foundation | $24,296,814 | $14,780,900 |