Agra
- Assets
- $104.8m
- Revenue
- $80.3m
- Investments
- $0.0
- Employees
- 196
- Location
- Founding
- 07/2007
- Data as of
- 12/2022
- EIN
- 98-0513530
Organization Overview
Agra is located in null. The organization was established in 2007. 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. As of 12/2022, Agra employed 196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agra 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, Agra generated $80.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $89.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AGRA'S MISSION IS TO TRIGGER A UNIQUELY AFRICAN GREEN REVOLUTION THAT WILL TRANSFORM AGRICULTURE ACROSS THE CONTINENT INTO A HIGHLY PRODUCTIVE, EFFICIENT, COMPETITIVE AND SUSTAINABLE SYSTEM THAT ASSURES FOOD SECURITY AND LIFTS MILLIONS OUT OF POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PIATA-PARTNESHIP FOR INCLUSIVE AGRICULTURAL TRANSFORMATION IN AFRICA (PIATA),THE PURPOSE IS TO ENABLE AFRICAN AGRICULTURE ACTORS TO DO BUSINESS DIFFERENTLY AS THEY SUPPORT LEADERS TO DRIVE AN INCLUSIVE AGRICULTURAL TRANSFORMATION.THE INNOVATIVE PARTNERSHIP AIMS FOR INTEGRATED DELIVERY WITHIN AGRO-ECONOMIC ZONES AND ACROSS VALUE CHAIN ENHANCED IN-COUNTRY COORDINATION TO LEVERAGE WIDER INVESTMENTS AND DELIBERATE ENGAGEMENT WITH PRIVATE SECTOR TO BUILD,SUSTAINABLE SYSTEMS THAT WILL TRANSITION AGRICULTURE FROM SUBSISTENCE INTO A BUSINESS THAT WORKS.THE PROGRAM HAS FOUR KEY COMPONENTS;(1) INCREASED STAPLE CROP PRODUCTIVITY (2) STRENGTHENED AND EXPANDED ACCESS TO NATIONAL AND REGIONAL MARKETS (3) INCREASED CAPACITY OF SMALL HOLDER FARMING HOUSEHOLDS AND AGRICULTURAL SYSTEMS TO BETTER PREPARE FOR AND ADAPT TO SHOCKS (4) STRENGTHENED CONTINENTAL, REGIONAL, AND GOVERNMENT MULTI-SECTORAL COORDINATION AND MUTUAL ACCOUNTABILITY IN THE AGRICULTURAL SECTOR.
AFRICAN SEED FUND LLC- ASIF-AFRICAN SEED INVESTMENT FUND (ASIF) WAS INCORPORATED ON AUGUST 18, 2010 IN THE REPUBLIC OF MAURITIUS AS PRIVATE COMPANY LIMITED BY SHARES, WITH LIMITED LIFE. THE FUND HAS A LIFE SPAN OF 10 YEARS WITH AN OPTION TO EXTEND IT FOR 2 ADDITIONAL YEARS. AGRA HOLDS 99.99% OF CLASS A SHARES EQUITY INTEREST IN ASIF WITH THE REMAINING 0.01% HELD BY PEARL CAPITAL PARTNERS AND ABAX NOMINEES LIMITED WHO HOLD CLASS B AND CLASS C SHARES RESPECTIVELY.
AFRICAN ENTERPRISE CHALLENGE FUND- AECF PROJECTS IN AFRICA. AECF SUPPORTS BUSINESSES WORKING IN AGRIBUSINESS, RURAL FINANCIAL SERVICES,RENEWABLE ENERGY AND TECHNOLOGIES THE AECF IS ESSENTIALLY ABOUT STIMULATING PRO-POOR GROWTH IN THE FOLLOWING WAYS;-INCREASING THE PACE OF ECONOMIC GROWTH BY STIMULATING PRIVATE SECTOR INVESTMENT IN AGRIBUSINESS,FINANCIAL SERVICES,RENEWABLE ENERGY;IMPROVING THE PATTERN OF GROWTH BY ENABLING THE RURAL POOR TO PARTICIPATE IN GROWTH AS AGENTS AND BENEFICIARIES,ENSURING THAT THE CROSS-CUTTING DIMENSIONS OF POVERTY AND ENVIRONMENT ARE TACKLED IN MUTUALLY REINFORCING WAYS EMPOWERING THE POOR BY IMPROVING THEIR VOICE AND ROLE IN THE ECONOMY AS WELL AS THEIR INCOME.
AGRF-AFRICA GREEN REVOLUTION FORUM. AGRF IS AN ALLIANCE OF PARTNERS THAT CARE ABOUT, COMMIT TO AND DRIVE INCLUSIVE AGRICULTURAL TRANSFORMATION IN AFRICA. THE MISSION IS TO SECURE AFRICA'S RISE THROUGH AN AGRICULTURAL TRANSFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ada Osakwe Director | Trustee | 4 | $5,000 |
Binta Ntoye Director | Trustee | 4 | $14,200 |
David Lane Director | Trustee | 4 | $17,800 |
Delphine Traore Director | Trustee | 4 | $9,600 |
Frank Braeken Director | Trustee | 4 | $18,000 |
He Jakaya Kikwete Director | Trustee | 4 | $14,200 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Y Center Learning Llc Consulting | 12/30/22 | $237,600 |
Richard Macjohn Consulting | 12/30/22 | $130,000 |
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 | $80,474,029 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,474,029 |
| Total Program Service Revenue | $0 |
| Investment income | $727,647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,062,729 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,250,620 |
| 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 | $29,649,211 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,125,499 |
| Compensation of current officers, directors, key employees. | $389,427 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,376,971 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,423,639 |
| Payroll taxes | $2,243,204 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,549 |
| Fees for services: Accounting | $131,278 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $98,611 |
| Fees for services: Other | $15,755,501 |
| Advertising and promotion | $35,326 |
| Office expenses | $1,870,888 |
| Information technology | $1,420,353 |
| Royalties | $0 |
| Occupancy | $1,200,055 |
| Travel | $3,372,748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,318,247 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $659,978 |
| Insurance | $50,838 |
| All other expenses | $697,634 |
| Total functional expenses | $89,871,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,226 |
| Savings and temporary cash investments | $57,398,892 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,470,440 |
| 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 | $980,078 |
| Net Land, buildings, and equipment | $620,992 |
| Investments—publicly traded securities | $27,900,850 |
| Investments—other securities | $0 |
| Investments—program-related | $14,694,798 |
| Intangible assets | $435,996 |
| Other assets | $307,057 |
| Total assets | $104,813,329 |
| Accounts payable and accrued expenses | $26,288,243 |
| Grants payable | $2,260,461 |
| 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 | $21,996,193 |
| Other liabilities | $0 |
| Total liabilities | $50,544,897 |
| Net assets without donor restrictions | $6,436,907 |
| Net assets with donor restrictions | $47,831,525 |
| 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 | $104,813,329 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|