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Nonprofiteer
← TECHNOSERVE INC

Form 990 for tax year 2022

Filed by TECHNOSERVE INC.

Totals

Total revenue
$93,244,457
Total expenses
$94,410,840
Contributions and grants received
$92,788,281
Grants paid
$7,953,318
Program service revenue
$180,366
Investment income
$151,429
Other revenue
$124,381
Total assets, end of year
$102,404,868
Total liabilities, end of year
$85,170,775
Net assets or fund balances, end of year
$17,234,093
Program services expenses (Part IX)
$77,317,608
Management and general expenses
$13,553,703
Fundraising expenses
$3,539,529
Program service expenses (Part III)
$77,317,608

Program services were 81.9% 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)

    $30,772,059

  • 1f · All other contributions, gifts and grants

    $62,016,222

  • 1g · Noncash contributions included above

    $19,108,414

  • 2a · Program service revenue: PROGRAM INCOME

    total $180,366 · related or exempt $180,366

  • 3 · Investment income

    total $108,838 · excluded $108,838

  • 7a · Gross sales of assets other than inventory

    securities $2,710 · other assets $39,881

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

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $2,710 · other assets $39,881

  • 7d · Net gain or loss

    total $42,591 · excluded $42,591

  • 11a · Other revenue: OTHER INCOME

    total $124,381 · related or exempt $124,381

  • 11e · Other revenue, total

    $124,381

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $7,953,318 · program services $7,953,318

  • 5 · Compensation of officers, directors and key employees

    total $4,472,873 · program services $3,000,631 · management and general $1,218,023 · fundraising $254,219

  • 7 · Other salaries and wages

    total $32,603,826 · program services $26,482,836 · management and general $5,397,771 · fundraising $723,219

  • 8 · Pension plan contributions

    total $2,457,468 · program services $1,954,184 · management and general $438,499 · fundraising $64,785

  • 9 · Other employee benefits

    total $10,431,126 · program services $8,294,853 · management and general $1,861,281 · fundraising $274,992

  • 10 · Payroll taxes

    total $2,959,139 · program services $2,353,113 · management and general $528,015 · fundraising $78,011

  • 11b · Fees: legal

    total $528,279 · program services $212,903 · management and general $315,376

  • 11c · Fees: accounting

    total $426,802 · program services $269,014 · management and general $157,788

  • 11e · Fees: professional fundraising services

    total $109,734 · fundraising $109,734

  • 11g · Fees: other

    total $9,297,766 · program services $7,201,849 · management and general $675,565 · fundraising $1,420,352

  • 12 · Advertising and promotion

    total $453,916 · program services $145,215 · management and general $13,312 · fundraising $295,389

  • 13 · Office expenses

    total $2,933,339 · program services $2,530,993 · management and general $372,619 · fundraising $29,727

  • 14 · Information technology

    total $913,369 · program services $215,148 · management and general $584,573 · fundraising $113,648

  • 16 · Occupancy

    total $2,414,226 · program services $1,818,539 · management and general $595,687

  • 17 · Travel

    total $6,896,716 · program services $6,387,486 · management and general $461,259 · fundraising $47,971

  • 19 · Conferences, conventions and meetings

    total $359,281 · program services $354,231 · management and general $5,050

  • 20 · Interest

    total $1,039 · program services $856 · management and general $183

  • 22 · Depreciation, depletion and amortization

    total $429,522 · program services $185,980 · management and general $199,296 · fundraising $44,246

  • 23 · Insurance

    total $304,195 · program services $40,144 · management and general $264,051

  • 24a · Other expenses: TRAINING

    total $4,077,868 · program services $4,077,438 · management and general $309 · fundraising $121

  • 24b · Other expenses: EQUIPMENT

    total $2,452,919 · program services $1,911,039 · management and general $463,765 · fundraising $78,115

  • 24c · Other expenses: VEHICLE OPERATIONS

    total $1,934,119 · program services $1,927,838 · management and general $1,281 · fundraising $5,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,830,920 · end of year $10,962,935

  • 2 · Savings and temporary cash investments

    beginning of year $87,547,081 · end of year $70,911,886

  • 3 · Pledges and grants receivable

    beginning of year $8,214,452 · end of year $9,964,519

  • 4 · Accounts receivable

    beginning of year $863,659 · end of year $830,757

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,780,317 · end of year $2,059,000

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

    $7,873,624

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

    $5,632,601

  • 10c · Land, buildings and equipment, net

    beginning of year $2,217,885 · end of year $2,241,023

  • 12 · Investments: other securities

    beginning of year $819,835 · end of year $657,697

  • 15 · Other assets

    beginning of year $2,188 · end of year $4,777,051

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,048,040 · end of year $7,941,780

  • 19 · Deferred revenue

    beginning of year $80,634,317 · end of year $65,588,295

  • 25 · Other liabilities

    beginning of year $6,670,468 · end of year $11,640,700

  • 27 · Net assets without donor restrictions

    beginning of year $14,453,622 · end of year $13,320,418

  • 28 · Net assets with donor restrictions

    beginning of year $4,469,890 · end of year $3,913,675

Mission and programs · 2022

Mission

TECHNOSERVE'S MISSION IS TO FIGHT POVERTY BY HELPING PEOPLE BUILD REGENERATIVE FARMS, BUSINESSES AND MARKETS THAT INCREASE INCOMES.

Activities or mission (Part I)

TECHNOSERVE WORKS WITH ENTERPRISING PEOPLE IN THE DEVELOPING WORLD TO BUILD COMPETITIVE FARMS, BUSINESSES, AND INDUSTRIES.

  • SEE SCHEDULE O

    Expenses $77,317,608 · Grants $7,953,318 · Revenue $304,747

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MICHAEL BUSH

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    3

  • RACHEL HINES

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    3

  • PETER FLAHERTY

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • JENNIFER BULLARD BROGGINI

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • MICHAEL SPIES

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • PAUL TIERNEY JR

    CHAIRMAN EMERITUS

    Total calculated
    $0
    Hours/week
    1.5

  • KOFI ADJEPONG-BOATENG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • MONICA ADRACTAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • SEGUN AGANGA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • IMONI AKPOFURE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • DANIEL AMINETZAH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • KANIKA BAHL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • SCOTT BAKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • GERALD BALDWIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • THOMAS BARRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • ROBERT BECHEK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • TITUS BRENNINKMEIJER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • MONICA DE LA TORRE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • JEAN-MARC DUVOISIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • RUSSELL FAUCETT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • MIA FUNT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • AEDHMAR HYNES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • TIMOTHY M KINGSTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • ROBERT MANLY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • CHARLES MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • KURT PETERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • WILLIAM WARSHAUER

    PRESIDENT & CEO

    Total calculated
    $496,300
    From this org
    $430,950
    From related orgs
    $0
    Other
    $65,350
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $429,144
    Bonus
    $0
    Other
    $1,806
    Deferred
    $36,600
    Nontaxable benefits
    $28,750
    Filer's total
    $496,300

  • JEFFREY CHRISFIELD

    CFO

    Total calculated
    $367,607
    From this org
    $302,497
    From related orgs
    $0
    Other
    $65,110
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $301,867
    Bonus
    $0
    Other
    $630
    Deferred
    $36,362
    Nontaxable benefits
    $28,748
    Filer's total
    $367,607

  • JOHN KEIGHTLEY

    CHIEF ADVANCEMENT OFFICER

    Total calculated
    $309,389
    From this org
    $247,429
    From related orgs
    $0
    Other
    $61,960
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,623
    Bonus
    $0
    Other
    $1,806
    Deferred
    $30,251
    Nontaxable benefits
    $31,709
    Filer's total
    $309,389

  • PAMELA CHITENHE

    REGIONAL DIRECTOR, SOUTH AFRICA REGION

    Total calculated
    $273,368
    From this org
    $244,807
    From related orgs
    $0
    Other
    $28,561
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,807
    Bonus
    $0
    Other
    $0
    Deferred
    $24,497
    Nontaxable benefits
    $4,064
    Filer's total
    $273,368

  • KINDRA HALVORSON

    CHIEF TRANSFORMATION OFFICER

    Total calculated
    $350,390
    From this org
    $286,846
    From related orgs
    $0
    Other
    $63,544
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $285,880
    Bonus
    $0
    Other
    $966
    Deferred
    $34,702
    Nontaxable benefits
    $28,842
    Filer's total
    $350,390

  • LARRY UMUNNA

    REGIONAL DIRECTOR, WEST AFRICA

    Total calculated
    $275,237
    From this org
    $242,053
    From related orgs
    $0
    Other
    $33,184
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,486
    Bonus
    $0
    Other
    $30,567
    Deferred
    $16,919
    Nontaxable benefits
    $16,265
    Filer's total
    $275,237

  • ANDREI BELYI

    REGIONAL DIRECTOR, LATIN AND CENTRAL AMERICA

    Total calculated
    $255,862
    From this org
    $226,557
    From related orgs
    $0
    Other
    $29,305
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,026
    Bonus
    $0
    Other
    $22,531
    Deferred
    $22,443
    Nontaxable benefits
    $6,862
    Filer's total
    $255,862

  • MEFTHE TADESSE

    REGIONAL DIRECTOR, EAST AFRICA

    Total calculated
    $210,473
    From this org
    $182,711
    From related orgs
    $0
    Other
    $27,762
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,711
    Bonus
    $0
    Other
    $0
    Deferred
    $17,617
    Nontaxable benefits
    $10,145
    Filer's total
    $210,473

  • PAUL STEWART

    GLOBAL COFFEE DIRECTOR

    Total calculated
    $207,846
    From this org
    $177,789
    From related orgs
    $0
    Other
    $30,057
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,789
    Bonus
    $0
    Other
    $0
    Deferred
    $19,557
    Nontaxable benefits
    $10,500
    Filer's total
    $207,846

  • SHAWN MOOD

    CHIEF HUMAN CAPITAL OFFICER

    Total calculated
    $344,898
    From this org
    $281,618
    From related orgs
    $0
    Other
    $63,280
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $279,812
    Bonus
    $0
    Other
    $1,806
    Deferred
    $33,998
    Nontaxable benefits
    $29,282
    Filer's total
    $344,898

  • KATARINA KAHLMANN

    CHIEF PROGRAM OFFICER

    Total calculated
    $255,391
    From this org
    $255,391
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,203
    Bonus
    $0
    Other
    $30,188
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $255,391

  • JONATHAN BARNOW

    VICE PRESIDENT, STRATEGIC INITIATIVE

    Total calculated
    $246,097
    From this org
    $246,097
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,690
    Bonus
    $0
    Other
    $47,407
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $246,097

  • JUAN CARLOS THOMAS SOTO

    GLOBAL ENTREPRENUERSHIP DIRECTOR

    Total calculated
    $158,049
    From this org
    $153,112
    From related orgs
    $0
    Other
    $4,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,835
    Bonus
    $0
    Other
    $277
    Deferred
    $4,937
    Nontaxable benefits
    $0
    Filer's total
    $158,049

  • JAMES T MCKINNEY

    SENIOR DIRECTOR, INFORMATION TECHNOLOGY

    Total calculated
    $235,400
    From this org
    $185,663
    From related orgs
    $0
    Other
    $49,737
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,373
    Bonus
    $0
    Other
    $1,290
    Deferred
    $22,824
    Nontaxable benefits
    $26,913
    Filer's total
    $235,400

  • JANE GROB

    SENIOR DIRECTOR, STRATEGIC INITIATIVES

    Total calculated
    $282,756
    From this org
    $247,077
    From related orgs
    $0
    Other
    $35,679
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,364
    Bonus
    $0
    Other
    $75,713
    Deferred
    $19,080
    Nontaxable benefits
    $16,599
    Filer's total
    $282,756

  • LISA KAGEL

    SENIOR DIRECTOR, DIGITAL ENGAGEMENT|

    Total calculated
    $230,642
    From this org
    $186,567
    From related orgs
    $0
    Other
    $44,075
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,277
    Bonus
    $0
    Other
    $1,290
    Deferred
    $22,525
    Nontaxable benefits
    $21,550
    Filer's total
    $230,642

  • ANDREW KOVARIK

    CHIEF OF PARTY - CONGO

    Total calculated
    $217,226
    From this org
    $183,208
    From related orgs
    $0
    Other
    $34,018
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,139
    Bonus
    $0
    Other
    $61,069
    Deferred
    $20,050
    Nontaxable benefits
    $13,968
    Filer's total
    $217,226

  • JONATHAN GRISWOLD

    COUNTRY DIRECTOR, ETHIOPIA

    Total calculated
    $286,701
    From this org
    $248,716
    From related orgs
    $0
    Other
    $37,985
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,908
    Bonus
    $20,000
    Other
    $103,808
    Deferred
    $22,806
    Nontaxable benefits
    $15,179
    Filer's total
    $286,701

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

  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 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

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. SECURITY IN THOSE COUNTRIES IN WHICH THERE ARE SECURITY CONCERNS, THE COUNTRY OFFICE WILL RECOMMEND AND AUTHORIZE EXPAT EMPLOYEES TO INSTALL SECURITY DEVICES OR CONTRACT A SECURITY SERVICE (PREFERABLY A COMPANY AND NOT AN INDIVIDUAL GUARD). SECURITY-RELATED EXPENSES ARE GENERALLY ARRANGED BY THE EXPAT EMPLOYEE THROUGH STANDARD PROCUREMENT PROCEDURES, NORMALLY REQUIRING OBTAINING THREE COMPETITIVE QUOTES, TO THE DEGREE POSSIBLE. BELOW ARE EMPLOYEES LISTED ON PART VII WHO RECEIVED HOUSING ALLOWANCE DURING THE YEAR: ANDREW KOVARIK: $15300 LARRY UMUNNA: $28,582 JONATHAN GRISWOLD: $32,491 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. LIKE OTHER ALLOWANCES, THIS PAYMENT MAY BE SUBJECT TO TAXATION. THE FOLLOWING EMPLOYEES RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS, WHICH ARE TAXABLE: JANE GROB FREY : $46,421 JONATHAN GRISWOLD: $38,766

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

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

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 $3,259,814 · share of assets $1,523,737 · general or managing partner

    Directly controlled by TECHNOSERVE INC

Provenance

Return type
form_990
Tax year
2022
Filed
2 November 2023
IRS schema version
2022v5.0
Source object
202313069349301041

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