Skip to content
Nonprofiteer
← CNFA

Form 990 for tax year 2024

Filed by CNFA.

Totals

Total revenue
$70,211,705
Total expenses
$69,984,405
Contributions and grants received
$70,088,539
Grants paid
$16,940,819
Program service revenue
$0
Investment income
$59,816
Other revenue
$63,350
Total assets, end of year
$18,300,400
Total liabilities, end of year
$11,578,043
Net assets or fund balances, end of year
$6,722,357
Program services expenses (Part IX)
$57,677,429
Management and general expenses
$10,050,602
Fundraising expenses
$2,256,374
Program service expenses (Part III)
$57,677,429

Program services were 82.4% 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.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $69,975,956

  • 1f · All other contributions, gifts and grants

    $112,583

  • 3 · Investment income

    total $59,816 · excluded $59,816

  • 11d · All other revenue

    total $63,350 · excluded $63,350

  • 11e · Other revenue, total

    $63,350

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,519,187 · program services $4,519,187

  • 3 · Grants to foreign organizations and individuals

    total $12,421,632 · program services $12,421,632

  • 5 · Compensation of officers, directors and key employees

    total $1,202,702 · program services $2,640 · management and general $1,200,062

  • 7 · Other salaries and wages

    total $19,316,115 · program services $14,138,172 · management and general $3,922,014 · fundraising $1,255,929

  • 8 · Pension plan contributions

    total $949,053 · program services $460,268 · management and general $376,738 · fundraising $112,047

  • 9 · Other employee benefits

    total $6,164,878 · program services $3,936,107 · management and general $1,717,326 · fundraising $511,445

  • 10 · Payroll taxes

    total $815,744 · program services $381,628 · management and general $346,885 · fundraising $87,231

  • 11b · Fees: legal

    total $93,949 · management and general $93,949

  • 11c · Fees: accounting

    total $98,500 · management and general $98,500

  • 11g · Fees: other

    total $5,253,487 · program services $4,310,619 · management and general $790,406 · fundraising $152,462

  • 12 · Advertising and promotion

    total $2,517,282 · program services $2,262,706 · management and general $253,672 · fundraising $904

  • 13 · Office expenses

    total $673,305 · program services $651,110 · management and general $13,752 · fundraising $8,443

  • 16 · Occupancy

    total $2,169,154 · program services $1,985,477 · management and general $150,001 · fundraising $33,676

  • 17 · Travel

    total $3,858,462 · program services $3,410,561 · management and general $388,787 · fundraising $59,114

  • 20 · Interest

    total $182,646 · management and general $182,646

  • 22 · Depreciation, depletion and amortization

    total $43,377 · program services $35,792 · management and general $6,194 · fundraising $1,391

  • 23 · Insurance

    total $152,612 · program services $125,928 · management and general $21,792 · fundraising $4,892

  • 24a · Other expenses: OTHER DIRECT EXPENSES

    total $8,853,074 · program services $8,369,234 · management and general $455,000 · fundraising $28,840

  • 24b · Other expenses: ALLOWANCES

    total $692,854 · program services $666,368 · management and general $26,486

  • 24c · Other expenses: CNFA EUROPE OFFICE COST

    total $6,392 · management and general $6,392

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,683,662 · end of year $5,092,693

  • 2 · Savings and temporary cash investments

    beginning of year $5,537,458 · end of year $2,029,084

  • 3 · Pledges and grants receivable

    beginning of year $6,468,798 · end of year $8,124,930

  • 4 · Accounts receivable

    beginning of year $163,396 · end of year $95,858

  • 9 · Prepaid expenses and deferred charges

    beginning of year $302,259 · end of year $486,093

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

    $1,358,942

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

    $1,317,799

  • 10c · Land, buildings and equipment, net

    beginning of year $84,519 · end of year $41,143

  • 11 · Investments: publicly traded securities

    beginning of year $677,234 · end of year $806,894

  • 15 · Other assets

    beginning of year $2,412,151 · end of year $1,623,705

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,214,035 · end of year $4,288,841

  • 19 · Deferred revenue

    beginning of year $4,335,152 · end of year $415,949

  • 23 · Secured mortgages and notes payable

    beginning of year $2,636,463 · end of year $2,636,463

  • 25 · Other liabilities

    beginning of year $4,648,770 · end of year $4,236,790

  • 27 · Net assets without donor restrictions

    beginning of year $6,495,057 · end of year $6,722,357

Mission and programs · 2024

Mission

TO STIMULATE ECONOMIC GROWTH AND IMPROVE LIVELIHOODS BY CULTIVATING ENTREPRENEURSHIP.

  • AMALIMA LOKO ZIMBABWE:CNFA AND ITS PARTNERS WILL SUPPORT USAID AND THE GOVERNMENT OF ZIMBABWE (GOZ) TO SUSTAINABLY IMPROVE FOOD SECURITY THROUGH INCREASED FOOD ACCESS AND SUSTAINABLE WATERSHED MANAGEMENT AMONG EXTREMELY POOR AND CHRONICALLY VULNERABLE HOUSEHOLDS AND COMMUNITIES IN THE MATABELELAND NORTH PROVINCE OF ZIMBABWE.

    Expenses $22,479,219 · Grants $8,089,474

  • YALWA PROJECT NIGER:PROJECT IN NIGER SUPPORTS USAID'S REGIONAL RESILIENCE IN THE SAHEL ENHANCED (RISE) II OBJECTIVES BY TRANSFORMING MARKET ECOSYSTEMS IN THE MARADI, TILLABRI, AND ZINDER REGIONS. YALWA WILL EXPAND AND IMPROVE MARKET LINKAGES; BUILD INDIVIDUAL AND INSTITUTIONAL CAPACITIES; ENCOURAGE VULNERABLE POPULATIONS TO BUY AND CONSUME SAFE AND NUTRITIOUS FOODS; AND ENGAGE PROCESSORS AND TRADERS TO PROFITABLY MEET THIS DEMAND. YALWA WILL TRAIN AND MENTOR A CADRE OF SERVICE PROVIDERS WHO CAN PROVIDE MARKET ACTORS WITH HIGH-QUALITY SERVICES. NEW MARKET LINKAGES AND BETTER SERVICES WILL INCREASE THE ORGANIZATIONAL, FINANCIAL, AND RISK-MANAGEMENT CAPACITY OF FARMER ORGANIZATIONS, LIVESTOCK MARKET MANAGEMENT COMMITTEES, AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) AGRODEALERS, TRADERS, PROCESSORS AND GENERATE INCREASED SALES AND INCOMES ALONG TARGETED VALUE CHAINS. THROUGH A MIX OF CATALYTIC GRANTS AND PRIVATE-SECTOR FINANCING, WOMEN AND YOUNG ENTREPRENEURS WILL BRING PRODUCTIVITY ENHANCING INNOVATIONS AND SERVICES TO MARKET. THE YALWA COLLABORATING, LEARNING, AND ADAPTING APPROACH WILL LEVERAGE KNOWLEDGE GENERATED THROUGH REVIEWS OF PERFORMANCE MONITORING DATA, COST BENEFIT ANALYSES, AND OTHER EVIDENCE TO GUIDE ADAPTATION, SIMPLIFICATION, AND COST REDUCTION AND CREATE AN ENABLING ENVIRONMENT FOR MARKET SYSTEMS TO THRIVE.

    Expenses $6,030,728 · Grants $1,829,604

  • MOD AG HINGA WUNGUKE RWANDA:THE FIVE-YEAR FEED THE FUTURE RWANDA HINGA WUNGUKE ACTIVITY (2023-2028) AIMS TO INCREASE INCOMES AND IMPROVE NUTRITION IN RWANDA BY SUSTAINABLY INCREASING AGRICULTURAL PRODUCTIVITY AND STRENGTHENING THE DOMESTIC CONSUMPTION AND MARKET FOR HIGH-VALUE AND NUTRITIOUS AGRICULTURAL PRODUCTS. HINGA WUNGUKE, WHICH TRANSLATES TO "GROW PROFITABLE" IN KINYARWANDA, UTILIZES A MARKET SYSTEMS APPROACH, ENGAGING AND WORKING THROUGH EXISTING PUBLIC AND PRIVATE MARKET ACTORS AND STRUCTURES TO FACILITATE INCLUSIVE, LOCALLY DRIVEN, AND SUSTAINABLE CHANGE.

    Expenses $5,859,929 · Grants $348,552

  • Expenses $23,307,553 · Grants $6,673,189

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • A Michael Espy

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Sylvain Roy

    PRESIDENT/CEO

    Total calculated
    $674,800
    From this org
    $607,666
    From related orgs
    $0
    Other
    $67,134
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $580,310
    Bonus
    $0
    Other
    $27,356
    Deferred
    $34,500
    Nontaxable benefits
    $32,634
    Filer's total
    $674,800
  • John G Castellaw

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John J Cavanaugh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Doug R Keesling

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Davit Kirvalidze

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jackie M Klippenstein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Eleni Gabre-Madhin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gail E Mitchell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Elin D Miller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Patricia R Sheikh

    BOARD MEMBER (EFFECTIVE 10/22/2024)

    Total calculated
    $0
    Hours/week
    1
  • Alan Pieper

    COO/SECRETARY OF THE BOARD

    Total calculated
    $527,902
    From this org
    $467,017
    From related orgs
    $0
    Other
    $60,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $381,438
    Bonus
    $0
    Other
    $85,579
    Deferred
    $34,500
    Nontaxable benefits
    $26,385
    Filer's total
    $527,902
  • Jones Elizabeth A

    SR. TCH. DIRECTOR ZIMBABWE

    Total calculated
    $397,185
    From this org
    $341,439
    From related orgs
    $0
    Other
    $55,746
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $316,417
    Bonus
    $0
    Other
    $25,022
    Deferred
    $19,042
    Nontaxable benefits
    $36,704
    Filer's total
    $397,185
  • Al-Rufai Sahar A

    CHIEF OF PARTY, MALI

    Total calculated
    $351,437
    From this org
    $322,278
    From related orgs
    $0
    Other
    $29,159
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $281,161
    Bonus
    $0
    Other
    $41,117
    Deferred
    $18,904
    Nontaxable benefits
    $10,255
    Filer's total
    $351,437
  • Gies Daniel M

    CHIEF OF PARTY, RWANDA

    Total calculated
    $295,552
    From this org
    $265,708
    From related orgs
    $0
    Other
    $29,844
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,870
    Bonus
    $0
    Other
    $2,838
    Deferred
    $19,589
    Nontaxable benefits
    $10,255
    Filer's total
    $295,552
  • Cowan Sheryl

    SR. VP OF PROGRAM

    Total calculated
    $307,127
    From this org
    $259,720
    From related orgs
    $0
    Other
    $47,407
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,202
    Bonus
    $0
    Other
    $1,518
    Deferred
    $25,877
    Nontaxable benefits
    $21,530
    Filer's total
    $307,127
  • Butler-Sims Anthony L

    SR VP AND CHIEF PEOPLE OFFICER

    Total calculated
    $293,986
    From this org
    $256,762
    From related orgs
    $0
    Other
    $37,224
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $255,658
    Bonus
    $0
    Other
    $1,104
    Deferred
    $25,671
    Nontaxable benefits
    $11,553
    Filer's total
    $293,986

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

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

  • IMPLEMENTS THE NUTRITION AND WASH COMPONENTS OF THE AMALIMA PROGRAM;NUTRITION AND HIV/AIDS

  • MERCY CORPS (AMALIMA LOKO)

    $819,965

    IMPLEMENTS THE NUTRITION AND WASH COMPONENTS OF THE AMALIMA PROGRAM;NUTRITION AND HIV/AIDS

  • LEAD DESIGN AND IMPLEMENTATION OF ACTIVITIES FOR INCREASED LOCAL CONSUMPTION OF NUTRITIOUS, SAFE FOODS BASED ON ITERATIVE RESEARCH CONDUCTED THROUGH A MARKETS AND NUTRITION PATHWAY ASSESSMENT. WILL LEAD OBJECTIVE 3, INCREASED MARKET DEMAND FOR CONSUMPTION OF NUTRITIOUS AND SAFE FOODS, DESIGNING AND IMPLEMENTING MARKET-DRIVEN APPROACHES TO ENHANCE THE AVAILABILITY AND HOUSEHOLD CONSUMPTION OF NUTRITIOUS, SAFE FOODS, USING EFFECTIVE SOCIAL AND BEHAVIOR CHANGE STRATEGIES ACROSS ALL FEED THE FUTURE MALI SUGU YIRIWA RESULT AREAS.

  • J E AUSTIN ASSOCIATES INC (NIGERIA AG - INVEST )

    $628,065

    J. E. AUSTIN ASSOCIATES, SUPPORTING CNFA IN THE IMPLEMENTATION OF THE FEED THE FUTURE NIGERIA AGRIBUSINESS INVESTMENT ACTIVITY. SPECIFICALLY, THE SUBCONTRACTOR WILL LEAD THE DESIGN AND IMPLEMENTATION OF ACTIVITIES UNDER SUB-PURPOSE 1:EASE OF DOING AGRIBUSINESS IMPROVED. THIS COMPONENT WILL FOCUS ON EASING THE REGULATORY BURDENS FACED BY AGRIBUSINESSES THAT CONSTRAIN THEIR PRODUCTIVITY AND GROWTH.

  • THE MANOFF GROUP (JSI) (AMALIMA AND LOKO)

    $353,743

    IMPLEMENTS THE BEHAVIOR CHANGE COMMUNICATIONS COMPONENT OF THE AMALIMA PROGAM

  • THE PURPOSE OF THIS SUBAGREEMENT IS FURTHER ACHIEVEMENT OF THE OBJECTIVES AND RESULTS OF THE PRIME AWARD BY PROVIDING FINANCIAL ASSISTANCE TO SUBRECIPIENT IN RETURN FOR SUBRECIPIENTS IMPLEMENTATION

  • HELEN KELLER WILL LEAD OBJECTIVE 3, INCREASED MARKET DEMAND FOR CONSUMPTION OF NUTRITIOUS AND SAFE FOODS, DESIGNING AND IMPLEMENTING MARKET-DRIVEN APPROACHES TO ENHANCE THE AVAILABILITY AND HOUSEHOLD CONSUMPTION OF NUTRITIOUS, SAFE FOODS, USING EFFECTIVE SOCIAL AND BEHAVIOR CHANGE STRATEGIES ACROSS ALL FEED THE FUTURE MALI SUGU YIRIWA RESULT AREAS.

  • MARKETSHARE ASSOCIATES INC (RWANDA HINGA WUNGUKE)

    $231,412

    MSA'S MISSION IS TO BRING ACTIONABLE INSIGHTS TO MARKET DEVELOPMENT, FOSTERING SUSTAINABLE CHANGE IN RWANDAS AGRICULTURAL SECTOR. THEY FOCUS ON INCREASING AGRICULTURAL PRODUCTIVITY, STRENGTHENING DOMESTIC CONSUMPTION AND MARKETS, BUILDING RESILIENCE, AND EMPOWERING WOMEN. THROUGH THEIR EXPERTISE AND COLLABORATION, MSA PLAYS A VITAL ROLE IN ACHIEVING THE PROGRAMS OBJECTIVES AND CREATING POSITIVE IMPACT IN RWANDAN COMMUNITIES

  • INTERNATIONAL DEVELOPMENT GROUP LLC

    $86,043

    IDG LED THE GEORGIA ENTERPRISE SUPPORT PROGRAM, A CONSORTIUM OF ORGANIZATIONS IN THIS THREE-YEAR MICRO, SMALL, AND MEDIUM ENTERPRISE (MSME) DEVELOPMENT PROGRAM IN THE REPUBLIC OF GEORGIA. THIS NATIONAL-WIDE PROJECT, SERVED AS THE FOUNDATION FOR USAID/GEORGIAS STRATEGY TO ACCELERATE THE GROWTH AND DEVELOPMENT OF MSMES, AND WAS DESIGNED TO OFFER AN INTEGRATED PACKAGE OF INTERVENTIONS TARGETED AT THE PRIMARY CONSTRAINTS OF ENTERPRISE DEVELOPMENT.

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.

  • CNFA EUROPE

    PROGRAM SERVICES · BE

Provenance

Return type
form_990
Tax year
2024
Filed
19 May 2025
IRS schema version
2024v5.1
Source object
202511399349301581

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

The source document this was parsed from is served over the API, which is where bulk and document access live.