Form 990 for tax year 2023

Totals

Total revenue

$12,037,358

Total expenses

$10,631,567

Contributions and grants received

$11,764,403

Grants paid

$557,127

Program service revenue

$205,599

Investment income

$51,915

Other revenue

$15,441

Total assets, end of year

$15,342,249

Total liabilities, end of year

$13,520,987

Net assets or fund balances, end of year

$1,821,262

Program services expenses (Part IX)

$10,283,894

Management and general expenses

$347,673

Fundraising expenses

$0

Program service expenses (Part III)

$10,283,894

Program services were 96.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• ACELI AFRICA'S TARGET IS TO UNLOCK $1.6B IN PRIVATE SECTOR LENDING FOR INCLUSIVE AGRICULTURAL SMES IN EAST AFRICA THROUGH YEAR-END 2030. WITH ACCESS TO LENDING, AGRICULTURAL SMES CAN DRIVE IMPROVEMENTS IN THE PRODUCTIVITY AND MARKET ACCESS OF SMALLHOLDERS, WHILE CREATING JOBS ACROSS THE VALUE CHAIN. IN THE FIRST THREE YEARS OF OPERATIONS (SEPT 2020-DECEMBER 2023), ACELI REGISTERED 1,630 LOANS TOTALING $157M WITH 36 LENDERS ACROSS KENYA RWANDA, TANZANIA, AND UGANDA. THE ENTERPRISES RECEIVING THESE LOANS CREATE MARKET ACCESS FOR 870K SMALLHOLDER FARMERS AND EMPLOY 29K FULL-TIME WORKERS.OF THESE LOANS, 61% ARE TO NEW BORROWERS (DEFINED AS NOT HAVING RECEIVED A LOAN OF $25K+ FROM ANY LENDER IN THE PRIOR THREE YEARS), 57% QUALIFY FOR THE GENDER INCLUSION IMPACT BONUS, 68% QUALIFY FOR THE FOOD SECURITY IMPACT BONUS, AND 17% QUALIFY FOR THE CLIMATE SMART AND RESILIENT AGRICULTURE IMPACT BONUS. AS OF DECEMBER 2023, 37 LENDERS HAD SIGNED LEGAL AGREEMENTS WITH ACELI AND AN ADDITIONAL 10 WERE IN NEGOTIATIONS OR IN THE PROCESS OF SIGNING. OF THE 37 ACCREDITED LENDERS, THREE-QUARTERS ARE COMMERCIAL BANKS OR NON-BANK FINANCIAL INSTITUTIONS DOMICILED IN EAST AFRICA. ACELI AFRICA'S TARGET IS TO INCREASE ADDRESSABLE DEMAND BY PROVIDING TECHNICAL ASSISTANCE TO OVER 1000 AGRICULTURAL SMES THROUGH YEAR-END 2030 TO IMPROVE THEIR CAPACITY TO ACCESS AND MANAGE FINANCE. ACELI OFFERS A TECHNICAL ASSISTANCE PROGRAM FOR EARLY-STAGE AGRICULTURAL SMES WITH ANNUAL REVENUES OF $50K-500K, LIMITED ACCESS TO FINANCE, AND BASIC NEEDS IN BUSINESS AND FINANCIAL MANAGEMENT. OUR PARTNER, AFRICA MANAGEMENT INSTITUTE (AMI) IMPLEMENTS THE VIRTUAL TECHNICAL ASSISTANCE PROGRAM - A SERIES OF SEVEN WEBINARS AND COLLABORATION IN A PEER-LEARNING NETWORK - PAIRED WITH 10 HOURS OF INDIVIDUALIZED COACHING BY WYLDE INTERNATIONAL FOR THE LEADERSHIP TEAM FROM EACH AGRI-SME. THE SELECTED SMES ARE LOCATED ACROSS ALL FOUR FOCUS COUNTRIES. OVERALL, PARTICIPATING SMES PROVIDE POSITIVE FEEDBACK FROM THE PROGRAM. WE HAVE ALSO DEVELOPED AND LAUNCHED OUR TA OFFERING FOR GROWTH AND LATE-STAGE AGRICULTURAL SMES THAT HAVE OUTGROWN THE BASIC NEEDS OF EARLY-STAGE SMES BUT STILL STRUGGLE TO QUALIFY FOR AND/OR MANAGE FINANCING (ANNUAL REVENUES OF $500K-$5M). OUR OFFERING IS TARGETED TO ADDRESS SPECIFIC BARRIERS, INCLUDING INTERNAL OPERATIONS, DATA MANAGEMENT, AND MANAGERIAL CAPACITY. TECHNOSERVE HAS BEEN CHOSEN AS THE SERVICE PROVIDER FOR GROWTH-STAGE SME COHORTS. IN LIGHT OF THE DIVERGENT AND SPECIFIC NEEDS OF LATE-STAGE SMES, WE HAVE CONTRACTED SEVEN PROVIDERS ACROSS ACELI'S FOUR FOCUS COUNTRIES TO OFFER CUSTOMIZED TO TA TO LATE-STAGE SMES. INTERESTED SMES UNDERGO A DIAGNOSTIC AND ARE OFFERED A VOUCHER THAT COVERS A PORTION OF THE COST OF TA.

  Expenses $10,126,466 · Grants $557,127

• ACELI AMERICAS FACILITATES LEARNING EXCHANGE THROUGH AN ADVISORY PARTNERSHIP WITH A MEXICAN NON-PROFIT ORGANIZATION TO DESIGN A LOCAL INCENTIVE FACILITY. ACELI PROVIDES STRATEGIC SUPPORT TO INFORM COA'S SET-UP AND DESIGN AND GATHERS LEARNING TO INFORM FUTURE ACELI ADVISORY.

  Expenses $101,858 · Revenue $148,029

• CSAF CONVENES AN ALLIANCE OF LENDING INSTITUTIONS TO BUILD AN INCLUSIVE AND SUSTAINABLE FINANCIAL MARKET FOR SMALL- AND MEDIUM-SIZED ENTERPRISES (SMES) IN THE AGRICULTURE SECTOR. MEMBERS SHARE LEARNING, DEVELOP INDUSTRY STANDARDS, AND ENGAGE OTHER STAKEHOLDERS TO FACILITATE MARKET GROWTH, PROMOTE RESPONSIBLE LENDING PRACTICES, AND STRENGTHEN THE SME ECOSYSTEM.

  Expenses $55,570 · Revenue $57,570

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• THE GLOBAL DEVELOPMENT INCUBATOR INC

  501(C)(3) · DESIGN AND LAUNCH SERVICES FOR NEW SOCIAL IMPACT ORGANIZATIONS AND PARTNERS · NY

• GDI SOLUTIONS INC

  501(C)(3) · FACILITATE GRANT FUNDING OPPORTUNITIES · DE

  Directly controlled by THE GLOBAL DEVELOPMENT INCUBATOR INC

• ISF ADVISORS INC

  501(C)(3) · SUSTAINABLE TRANSFORMATION OF FOOD SYSTEMS AND AGRICULTURAL SUPPLY · DC

  Directly controlled by THE GLOBAL DEVELOPMENT INCUBATOR INC

• COLIBRI CATALYST INC

  501(C)(3) · ACCELERATES AND INCREASES THE FLOW OF CAPITAL TO REGENERATIVE AGRICULTURE · DE

  Directly controlled by THE GLOBAL DEVELOPMENT INCUBATOR INC

Provenance

Return type

form_990

Tax year

2023

Filed

29 October 2024

IRS schema version

2023v5.1

Source object

202433039349302178

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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