Strategies For International Development
- Assets
- $98.1k
- Revenue
- $263.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 08/1992
- Data as of
- 12/2022
- EIN
- 98-0120837
Organization Overview
Strategies For International Development is located in Washington, DC. The organization was established in 1992. According to its NTEE Classification (Q30) the organization is classified as: International 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. Strategies For International Development 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 12/2022, Strategies For International Development generated $263.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $281.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
STRATEGIES FOR INTERNATIONAL DEVELOPMENT (SID) HELPS POOR FARMERS GRADUATE FROM POVERTY BY HELPING THEM BUILD SUCCESSFUL FARM BUSINESSES THAT INCREASE THEIR INCOME. THIS INCLUDES CONSERVING THE NATURAL RESOURCES UPON WHICH THEIR AGRO-BUSINESSES DEPEND. WE ALSO HELP WOMEN PLAY AN EQUAL ROLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN GUATEMALA, IN 2022 WE CONTINUED OUR REGIONAL PROGRAM IN ALTA VERAPAZ. FARMERS IN THE GENERAL POPULATION ARE INCREASING THEIR KNOWLEDGE AND ADOPTION OF PRACTICES FOR GRADUATING FROM POVERTY. THE RESULTS FOR EARLY-ADOPTER COMMUNITIES ARE DIVIDED INTO THREE GROUPS: (I) 40 ORIGINAL COMMUNITIES IN THE MUNICIPALITIES OF SAN CRISTÓBAL AND CARCHÁ; (II) 21 ORIGINAL COMMUNITIES IN THE MUNICIPALITY OF COBÁN; AND (II) 60 NEW COMMUNITIES IN ALL THREE MUNICIPALITIES. THE 715 COFFEE FARMING FAMILIES IN GROUP I INCREASED THEIR INCOME FROM THE BASELINE OF $106 TO $824 A YEAR FROM COFFEE. THE 477 FAMILIES IN GROUPS II INCREASED THEIR INCOME TO $432; AND THE 2,165 FAMILIES IN GROUP III TO $346. NEARLY ALL WOMEN HAVE A SECOND BUSINESS, AND IN 2022 THEY MADE MAJOR INCREASES IN INCOME FROM THESE BUSINESSES. THE 824 WOMEN FROM THE ORIGINAL 61 COMMUNITIES INCREASED THEIR INCOME FROM $183 TO $709. THE 1,145 WOMEN FROM THE 60 NEW COMMUNITIES INCREASED THEIR INCOME FROM $127 TO $740.
IN PERU, IN 2022 WE CONTINUED TO PROVIDE TECHNICAL ASSISTANCE TO THE DAIRY-PRODUCING FAMILIES THAT RECEIVE LOANS FROM OUR MICRO-CREDIT PROGRAM. WE HELPED FARMERS MAKE BUSINESS PLANS AS WELL AS IMPROVE THEIR LAND-USE PLANS. WE PROVIDED TECHNICAL ASSISTANCE IN THE PRACTICES THAT IMPROVE THE HEALTH AND NUTRITION OF THEIR DAIRY COWS.
IN 2022, WE BEGAN A REGIONAL PROGRAM IN LUWEERO DISTRICT UGANDA. THE GOAL OF THE PROJECT IS TO GIVE 130,000 ROBUSTA COFFEE FARMER THE CHANCE TO GRADUATE FROM POVERTY. AT THE START OF THE PROJECT, WE HELD WORKSHOPS IN EACH OF THE THREE COUNTIES OF LUWEERO DISTRICT, AND THE FARMERS DEFINED 8 PRACTICES FOR INCREASING PRODUCTIVITY, 10 FOR HULLING COFFEE FOR A HIGHER PRICE, 6 FOR CONSERVING THEIR LAND AND WATER, AND 8 FOR MAKING BETTER BUSINESS DECISIONS. FARMERS IN THE GENERAL POPULATION ARE INCREASING THEIR KNOWLEDGE AS WELL AS THE ADOPTION OF THESE PRACTICES. AFTER A YEAR OF TECHNICAL ASSISTANCE, THE FARMERS IN EARLY-ADOPTER VILLAGES INCREASED THEIR PRODUCTIVITY FROM 113 TO 127 KILOS PER 1/4 ACRE OF COFFEE, SOLD MORE COFFEE IN DRIED CHERRIES, AND HAD SOME MODEST INCREASES IN PRICE. AS A RESULT, THE INCREASED THEIR INCOME FROM $397 TO $512.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Russo Program And Financial Director | Officer | 40 | $57,600 |
Nancy Hirschhorn Board President | Trustee | 1 | $0 |
Christopher Goldthwait Board Treasurer | Trustee | 1 | $0 |
Dan Berman Board Member | Trustee | 1 | $0 |
Martha Rebour Board Member | Trustee | 1 | $0 |
Amanda Jennings Board 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 | $263,772 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,772 |
| 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 | $263,772 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,557 |
| Compensation of current officers, directors, key employees. | $39,284 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,885 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $17,773 |
| Advertising and promotion | $0 |
| Office expenses | $3,210 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,093 |
| Travel | $51,628 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,543 |
| Insurance | $0 |
| All other expenses | $19,708 |
| Total functional expenses | $281,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,912 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,014 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,858 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,362 |
| Total assets | $98,146 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $1,858 |
| Other liabilities | $0 |
| Total liabilities | $1,858 |
| Net assets without donor restrictions | $50,560 |
| Net assets with donor restrictions | $45,728 |
| 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 | $98,146 |