Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $39,904,388

• 1f · All other contributions, gifts and grants

  $75,241,781

• 1g · Noncash contributions included above

  $22,061,695

• 2a · Program service revenue: PROGRAM INCOME

  total $52,090 · related or exempt $52,090

• 3 · Investment income

  total $597,446 · excluded $597,446

• 7a · Gross sales of assets other than inventory

  other assets $125,449

• 7b · Less cost or other basis and sales expenses

  securities $845 · other assets $0

• 7c · Gain or loss

  securities -$845 · other assets $125,449

• 7d · Net gain or loss

  total $124,604 · excluded $124,604

• 11a · Other revenue: OTHER INCOME

  total $49,690 · related or exempt $49,690

• 11b · Other revenue: GLOBAL ADVISORY COMMITTEE & BOARD

  total $25,900 · related or exempt $25,900

• 11e · Other revenue, total

  $75,590

Functional expenses

Part IX, the statement of functional expenses.

• 3 · Grants to foreign organizations and individuals

  total $10,409,470 · program services $10,409,470

• 5 · Compensation of officers, directors and key employees

  total $4,482,722 · program services $3,551,690 · management and general $780,232 · fundraising $150,800

• 7 · Other salaries and wages

  total $39,138,367 · program services $31,375,658 · management and general $6,582,437 · fundraising $1,180,272

• 8 · Pension plan contributions

  total $3,115,179 · program services $2,167,711 · management and general $701,488 · fundraising $245,980

• 9 · Other employee benefits

  total $12,291,212 · program services $9,991,803 · management and general $2,187,353 · fundraising $112,056

• 10 · Payroll taxes

  total $3,704,013 · program services $2,577,454 · management and general $834,084 · fundraising $292,475

• 11b · Fees: legal

  total $277,147 · program services $255,235 · management and general $21,912

• 11c · Fees: accounting

  total $340,020 · program services $195,153 · management and general $144,867

• 11e · Fees: professional fundraising services

  total $108,000 · fundraising $108,000

• 11g · Fees: other

  total $10,762,360 · program services $9,871,625 · management and general $460,263 · fundraising $430,472

• 12 · Advertising and promotion

  total $616,363 · program services $155,021 · management and general $16,509 · fundraising $444,833

• 13 · Office expenses

  total $4,554,635 · program services $2,500,381 · management and general $268,555 · fundraising $1,785,699

• 14 · Information technology

  total $400,722 · program services $216,884 · management and general $172,304 · fundraising $11,534

• 16 · Occupancy

  total $2,557,561 · program services $1,958,929 · management and general $598,632

• 17 · Travel

  total $8,692,746 · program services $7,892,339 · management and general $695,876 · fundraising $104,531

• 19 · Conferences, conventions and meetings

  total $670,972 · program services $620,901 · management and general $50,071

• 20 · Interest

  total $322 · program services $144 · management and general $178

• 22 · Depreciation, depletion and amortization

  total $183,272 · program services $15,674 · management and general $167,598

• 23 · Insurance

  total $334,840 · program services $76,471 · management and general $258,369

• 24a · Other expenses: TRAINING

  total $8,398,432 · program services $8,397,054 · management and general $1,378

• 24b · Other expenses: EQUIPMENT

  total $4,215,378 · program services $2,875,336 · management and general $1,192,228 · fundraising $147,814

• 24c · Other expenses: VEHICLE OPERATIONS

  total $2,210,405 · program services $2,205,116 · management and general $4,405 · fundraising $884

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $10,962,935 · end of year $11,602,181

• 2 · Savings and temporary cash investments

  beginning of year $70,911,886 · end of year $80,496,502

• 3 · Pledges and grants receivable

  beginning of year $9,964,519 · end of year $14,199,760

• 4 · Accounts receivable

  beginning of year $830,757 · end of year $4,441,323

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,059,000 · end of year $2,510,154

• 10a · Land, buildings and equipment: cost or other basis

  $7,853,842

• 10b · Land, buildings and equipment: accumulated depreciation

  $5,000,847

• 10c · Land, buildings and equipment, net

  beginning of year $2,241,023 · end of year $2,852,995

• 12 · Investments: other securities

  beginning of year $657,697 · end of year $903,883

• 15 · Other assets

  beginning of year $4,777,051 · end of year $4,071,322

• 17 · Accounts payable and accrued expenses

  beginning of year $7,941,780 · end of year $12,034,770

• 19 · Deferred revenue

  beginning of year $65,588,295 · end of year $83,292,412

• 25 · Other liabilities

  beginning of year $11,640,700 · end of year $10,468,521

• 27 · Net assets without donor restrictions

  beginning of year $13,320,418 · end of year $12,065,928

• 28 · Net assets with donor restrictions

  beginning of year $3,913,675 · end of year $3,216,489

The filer's explanations (Part III)

PART I, LINE 1A

HOUSING ALLOWANCE EXPAT EMPLOYEES GENERALLY ARE PROVIDED HOUSING AT POST OR RECEIVE A HOUSING ALLOWANCE THAT IS DESIGNED TO SUBSIDIZE THE COST OF MODERATE HOUSING DURING THEIR ASSIGNMENT. TECHNOSERVE GENERALLY FOLLOWS THE US DEPARTMENT OF STATE TO DETERMINE LOCAL HOUSING ALLOWANCES. BELOW ARE EMPLOYEES LISTED ON PART VII WHO RECEIVED HOUSING ALLOWANCE DURING THE YEAR: LARRY UMUNNA: $38,122 ELIZABETH ECKERT: $30,171 BARBORA HLADKA: $32,908 MARC STEEN: $26,667 THE BENEFIT DESCRIBED ABOVE IS INCLUDED IN REPORTABLE COMPENSATION IN PART VII AND SCHEDULE J. ANNUAL TRAVEL ALLOWANCE: TECHNOSERVE WILL ASSIST THE EMPLOYEE (EXPATRIATE OR THIRD COUNTRY NATIONAL EMPLOYEE WORKING OVERSEAS) AND FAMILY (INCLUDING CHILDREN UP TO A MAXIMUM AGE OF 18) RESIDING AT POST WITH AN ANNUAL ALLOWANCE (TO ASSIST WITH ONE TRIP ONLY), SHOULD THEY DECIDE TO TAKE TIME AWAY FROM POST. THIS ALLOWANCE IS PAID BASED ON ACTUAL EXPENSES INCURRED, UP TO CERTAIN LIMITS. THE MAXIMUM ANNUAL REIMBURSABLE AMOUNT IS $1,750 PER ELIGIBLE EMPLOYEE AND/OR DEPENDENT: THESE ALLOWANCES APPLY TO EITHER ECONOMY CLASS AIRFARE OR THE REIMBURSEMENT OF MILEAGE FOR EMPLOYEES. BELOW ARE EMPLOYEES LISTED ON PART VII WHO RECEIVED AN ANNUAL TRAVEL ALLOWANCE DURING THE YEAR: LARRY UMUNNA: $1,712 ELIZABETH ECKERT: $14,009 BARBORA HLADKA: $3,717 MARC STEEN: $1,308 THE BENEFIT DESCRIBED ABOVE IS INCLUDED IN REPORTABLE COMPENSATION IN PART VII AND SCHEDULE J. THE FOLLOWING EMPLOYEES RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: PAMELA CHITENHE: $21,488 ELIZABETH ECKERT: $43,035 BARBORA HLADKA: $6,173 MARC STEEN: $3,036 THE BENEFIT DESCRIBED ABOVE IS INCLUDED IN REPORTABLE COMPENSATION IN PART VII AND SCHEDULE J.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• ASSOCIACAO TECHNOSERVE BRAZIL

  DEVELOPMENT · BR · income $1,340,297 · assets $284,753

  Directly controlled by TECHNOSERVE INC

• FUNDACION TECHNOSERVE CHILE

  DEVELOPMENT · CI · income $2,584,996 · assets $1,460,997

  Directly controlled by TECHNOSERVE INC

• FUNDACION TECHNOSERVE COLOMBIA

  DEVELOPMENT · CO · income $341,346 · assets $35,719

  Directly controlled by TECHNOSERVE INC

• TECHNOSERVE (RF) NPC

  DEVELOPMENT · SF · income $4,430,253 · assets $753,652

  Directly controlled by TECHNOSERVE INC

• TECHNOSERVE ZAMBIA LIMITED

  DEVELOPMENT · ZA · income $1,683,623 · assets $113,325

  Directly controlled by TECHNOSERVE INC

• TSERV SOLUCIONES PARA LA POBREZA AC

  DEVELOPMENT · MX · income $1,897,103 · assets $213,500

  Directly controlled by TECHNOSERVE INC

• TNS BOTSWANA

  DEVELOPMENT · BC · income $1,272,177 · assets $711,647

  Directly controlled by TECHNOSERVE INC

• TECHNOSERVE SOLUTIONS TO POVERTY LTDGTE

  DEVELOPMENT · NI · income $440,967 · assets $166,222

  Directly controlled by TECHNOSERVE INC

• ASHWATTHA ADVISORS PVT LTD

  DEVELOPMENT · IN · income $3,417,607 · assets $1,555,947

  Directly controlled by TECHNOSERVE INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ASHWATTHA ADVISORS PVT LTD

  DEVELOPMENT · IN · 99% owned · share of income $221,281 · general or managing partner

  Directly controlled by TECHNOSERVE INC