Africa Harvest Biotech Foundation International Inc
- Assets
- $2.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2002
- Data as of
- 12/2023
- EIN
- 91-2160010
Organization Overview
Africa Harvest Biotech Foundation International Inc is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Africa Harvest Biotech Foundation International Inc 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 12/2023, Africa Harvest Biotech Foundation International Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
APPLY INNOVATIVE TECHNOLOGIES AND INSTITUTIONAL APPROACHES TO IMPROVE THE LIVELIHOODS OF RURAL COMMUNITIES, PARTICULARLY THOSE OF SMALLHOLDER FARMERS, THROUGH SCIENCE AND TECHNOLOGY BASED SUSTAINABLE MODELS OF GENDER-FOCUSED AGRICULTURAL DEVELOPMENT FUNCTIONS OF THE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCALING COMMERCIALIZING DROUGHT TOLERANT CROP TECHNOLOGIES TO SECURE DIGNIFIED AND FULFILLING WORK FOR 120,000 YOUTH IN RURAL KENYA PROJECT WITH SUPPORT FROM THE MASTERCARD FOUNDATION
AGRIFI JETLAK GROUNDNUT PROJECTTHIS IS AN EC FUNDED PROJECT THROUGH AGRIFI CHALLENGE FUND FOR KENYA.AIM: 2945 FARMERS IN 84 GROUPS MOBILIZED. 63 SEED MULTIPLICATION SITES AND 32 DEMO PLOTS ESTABLISHED.TRAININGS ON GOOD AGRONOMIC PRACTICES AND USE OF AFLASAFE. A MARKET INFORMATION SYSTEM DEVELOPED AND USED TO LINK FARMERS WITH JETLAK.
RESTORING LANDSCAPES AND LIVELIHOODS IN AFRICA (RESAF) PROJECT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Florence Wambugu Chief Exec. Officer | OfficerTrustee | 40 | $56,704 |
Prof Abdulai Jalloh Chairman | OfficerTrustee | 1 | $0 |
Cpt Gilbert Kibe Treasurer | OfficerTrustee | 1 | $0 |
Dr Rose Gidado Member | Trustee | 1 | $0 |
Mr Nicholas Nyaga Member | Trustee | 1 | $0 |
Prof Trust Beta Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,309,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,309,203 |
| Total Program Service Revenue | $0 |
| Investment income | $7,201 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $355 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,323,109 |
| 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 | $369,297 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,704 |
| Compensation of current officers, directors, key employees. | $499 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $308,398 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,833 |
| Fees for services: Accounting | $4,369 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,163 |
| Advertising and promotion | $0 |
| Office expenses | $24,312 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $91,853 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $43,497 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,731 |
| Insurance | $1,789 |
| All other expenses | $1,166 |
| Total functional expenses | $1,152,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,424,332 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $77,842 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $807,860 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,310,034 |
| Accounts payable and accrued expenses | $879,903 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $284,564 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,164,467 |
| Net assets without donor restrictions | $1,145,567 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,310,034 |