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Nonprofiteer
← ACDI VOCA

Form 990 for tax year 2022

Filed by ACDI VOCA.

Totals

Total revenue
$110,954,689
Total expenses
$109,736,347
Contributions and grants received
$108,949,004
Grants paid
$43,645,715
Program service revenue
$0
Investment income
$180,445
Other revenue
$1,825,240
Total assets, end of year
$72,966,481
Total liabilities, end of year
$50,709,061
Net assets or fund balances, end of year
$22,257,420
Program services expenses (Part IX)
$87,597,234
Management and general expenses
$22,139,113
Fundraising expenses
$0
Program service expenses (Part III)
$87,597,234

Program services were 79.8% 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)

    $108,907,515

  • 1f · All other contributions, gifts and grants

    $41,489

  • 3 · Investment income

    total $180,445 · excluded $180,445

  • 11a · Other revenue: OTHER INCOME

    total $1,825,240 · excluded $1,825,240

  • 11e · Other revenue, total

    $1,825,240

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $43,645,715 · program services $43,645,715

  • 5 · Compensation of officers, directors and key employees

    total $2,948,911 · program services $1,911,480 · management and general $1,037,431

  • 7 · Other salaries and wages

    total $26,159,030 · program services $16,956,249 · management and general $9,202,781

  • 8 · Pension plan contributions

    total $1,369,732 · program services $887,858 · management and general $481,874

  • 9 · Other employee benefits

    total $11,191,734 · program services $7,254,467 · management and general $3,937,267

  • 10 · Payroll taxes

    total $1,344,833 · program services $871,719 · management and general $473,114

  • 11b · Fees: legal

    total $64,164 · program services $49,123 · management and general $15,041

  • 11c · Fees: accounting

    total $236,659 · program services $161,544 · management and general $75,115

  • 11g · Fees: other

    total $7,527,391 · program services $5,727,787 · management and general $1,799,604

  • 13 · Office expenses

    total $1,722,547 · program services $147,700 · management and general $1,574,847

  • 14 · Information technology

    total $351,882 · program services $240,195 · management and general $111,687

  • 16 · Occupancy

    total $3,101,677 · program services $1,463,366 · management and general $1,638,311

  • 17 · Travel

    total $4,623,879 · program services $4,288,589 · management and general $335,290

  • 19 · Conferences, conventions and meetings

    total $1,133,962 · program services $1,040,479 · management and general $93,483

  • 20 · Interest

    total $54,802 · program services $51,780 · management and general $3,022

  • 22 · Depreciation, depletion and amortization

    total $438,241 · program services $1,675 · management and general $436,566

  • 24a · Other expenses: EQUIP. RENTAL/MAINT.

    total $1,967,670 · program services $1,633,266 · management and general $334,404

  • 24b · Other expenses: TRAINING AND WORKSHOPS

    total $714,117 · program services $714,117

  • 24c · Other expenses: BAD DEBT

    total $378,776 · program services $297,417 · management and general $81,359

  • 24d · Other expenses: STAFF DEVELOPMENT

    total $240,501 · program services $27,727 · management and general $212,774

  • 24e · All other expenses

    total $520,124 · program services $224,981 · management and general $295,143

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,680,523 · end of year $8,699,946

  • 2 · Savings and temporary cash investments

    beginning of year $11,332,445 · end of year $6,730,278

  • 3 · Pledges and grants receivable

    beginning of year $8,251,264 · end of year $10,180,160

  • 4 · Accounts receivable

    beginning of year $811,167 · end of year $1,051,059

  • 7 · Other notes and loans receivable

    beginning of year $4,081,510 · end of year $12,013,524

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,124,107 · end of year $1,380,354

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

    $7,425,050

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

    $6,457,787

  • 10c · Land, buildings and equipment, net

    beginning of year $1,402,090 · end of year $967,263

  • 13 · Investments: program-related

    beginning of year $10,057,297 · end of year $11,662,043

  • 15 · Other assets

    beginning of year $386,542 · end of year $20,281,854

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,393,846 · end of year $12,002,967

  • 19 · Deferred revenue

    beginning of year $12,728,804 · end of year $16,895,935

  • 24 · Unsecured notes and loans payable

    beginning of year $2,750,657 · end of year $1,300,000

  • 25 · Other liabilities

    beginning of year $2,417,210 · end of year $20,510,159

  • 27 · Net assets without donor restrictions

    beginning of year $11,104,059 · end of year $10,368,505

  • 28 · Net assets with donor restrictions

    beginning of year $9,732,369 · end of year $11,888,915

Mission and programs · 2022

Mission

TO ACHIEVE BETTER LIVES FOR PEOPLE AND COMMUNITIES BY INCREASING ECONOMIC PROSPERITY AND SOCIAL INCLUSION.

  • ECONOMIC GROWTH: WE CONNECT PEOPLE AND BUSINESSES IN SYSTEMS THAT INCREASE INCOMES, CREATE JOBS, AND EXPAND OPPORTUNITIES. OUR INCLUSIVE MARKET SYSTEMS APPROACH IMPROVES CONDITIONS AND INCENTIVES FOR MARKETS TO WORK BETTER FOR THE POOR AND MARGINALIZED. WE FACILITATEPRIVATE-SECTOR PARTNERSHIPS, SUPPORT ENTREPRENEURSHIP AND WORKFORCE DEVELOPMENT, AND AN IMPROVED BUSINESS-ENABLING ENVIRONMENT.

    Expenses $44,544,268 · Grants $24,608,455

  • AGRICULTURE: WE HELP FARMERS AND AGRIBUSINESSES SUSTAINABLY IMPROVE PRODUCTIVITY, ACCESS MARKETS, AND FEED A GROWING POPULATION. THIS INVOLVES CATALYZING SUSTAINABLE PRODUCTION, AGRIBUSINESS SUPPLY CHAINS, AND EFFECTIVE NATURAL RESOURCE MANAGEMENT. WE FOCUS ON NUTRIENT-RICH COMMODITIES, TREE CROPS, AND AGROFORESTRY, OFTEN REACHING PRODUCERS THROUGH COOPERATIVES, FARM GROUPS, AND PRIVATE SERVICE PROVIDERS.

    Expenses $16,794,447 · Grants $6,685,156

  • RESILIENCE: WE HELP COMMUNITIES AND HOUSEHOLDS BETTER PREPARE FOR, WITHSTAND, AND RECOVER FROM SHOCKS AND STRESSES. WE PROMOTE THE RESILIENCE OF PEOPLE AND SYSTEMS THROUGH WORK THAT SPANS A RANGE OF AREAS: GOVERNANCE, PEACE AND RECONCILIATION, RISK MANAGEMENT, CLIMATECHANGE ADAPTATION, COMMUNITY AND LIVELIHOOD DEVELOPMENT, WATER AND SANITATION, AND PEACE AND RECONCILIATION.

    Expenses $15,927,583 · Grants $10,194,660

  • OTHER PROGRAMS

    Expenses $10,330,936 · Grants $2,157,444

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

Listed in Part VII

  • Charles J Hall

    CEO (THRU 4/15/22)

    Total calculated
    $166,125
    From this org
    $153,648
    From related orgs
    $0
    Other
    $12,477
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $133,328
    Bonus
    $0
    Other
    $20,320
    Deferred
    $11,300
    Nontaxable benefits
    $1,177
    Filer's total
    $166,125

  • Tim Beans

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Asif M Shaikh

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Leslie Durschinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Deborah M Atwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Christopher Cochran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Andrew Gilbert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Charles Hall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Beth Keck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Luis Sahmkow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Shonda Warner

    DIRECTOR (THRU 9/7/22)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Guevera Yao

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Erica Bliss

    DIRECTOR (BEG 9/7/22)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dawn Thomas

    DIRECTOR (BEG 9/7/22)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Sylvia Megret

    PRESIDENT & CEO (BEG 4/16/22)

    Total calculated
    $396,288
    From this org
    $326,637
    From related orgs
    $0
    Other
    $69,651
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $324,864
    Bonus
    $0
    Other
    $1,773
    Deferred
    $32,908
    Nontaxable benefits
    $36,743
    Filer's total
    $396,288

  • Luke Pingel

    CHIEF LEGAL OFFICER (THRU 07/22)

    Total calculated
    $216,448
    From this org
    $185,268
    From related orgs
    $0
    Other
    $31,180
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $184,265
    Bonus
    $0
    Other
    $1,003
    Deferred
    $12,319
    Nontaxable benefits
    $18,861
    Filer's total
    $216,448

  • Gevorg Adamyan

    CHIEF INTEGRATION OFFICER

    Total calculated
    $320,968
    From this org
    $257,771
    From related orgs
    $0
    Other
    $63,197
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $249,046
    Bonus
    $0
    Other
    $8,725
    Deferred
    $25,765
    Nontaxable benefits
    $37,432
    Filer's total
    $320,968

  • Robert Fries

    CHIEF TECHNICAL OFFICER

    Total calculated
    $310,150
    From this org
    $254,019
    From related orgs
    $0
    Other
    $56,131
    Hours/week
    35 + 15 related

    Schedule J breakdown matched by us

    Base
    $251,418
    Bonus
    $0
    Other
    $2,601
    Deferred
    $25,014
    Nontaxable benefits
    $31,117
    Filer's total
    $310,150

  • Maura Allen

    CHIEF PROGRAM OFFICER

    Total calculated
    $285,907
    From this org
    $247,818
    From related orgs
    $0
    Other
    $38,089
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $246,045
    Bonus
    $0
    Other
    $1,773
    Deferred
    $24,380
    Nontaxable benefits
    $13,709
    Filer's total
    $285,907

  • Anita Bhatt

    CFO (THRU 6/3/22)

    Total calculated
    $174,982
    From this org
    $155,379
    From related orgs
    $0
    Other
    $19,603
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $134,559
    Bonus
    $0
    Other
    $20,820
    Deferred
    $11,742
    Nontaxable benefits
    $7,861
    Filer's total
    $174,982

  • Quanita Pokolo-Hassell

    ASSISTANT SECRETARY & SVP OF HR

    Total calculated
    $255,106
    From this org
    $204,193
    From related orgs
    $0
    Other
    $50,913
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $202,180
    Bonus
    $0
    Other
    $2,013
    Deferred
    $19,689
    Nontaxable benefits
    $31,224
    Filer's total
    $255,106

  • Heidi Pilloud

    TREASURER & CFO (BEG 6/22)

    Total calculated
    $234,185
    From this org
    $211,449
    From related orgs
    $0
    Other
    $22,736
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $210,900
    Bonus
    $0
    Other
    $549
    Deferred
    $8,000
    Nontaxable benefits
    $14,736
    Filer's total
    $234,185

  • Brian Meister

    SEC & SVP CRP CMP&ACTG (FROM 08/22)

    Total calculated
    $95,732
    From this org
    $83,705
    From related orgs
    $0
    Other
    $12,027
    Hours/week
    40 + 10 related

  • Patrick Norrell

    SVP OF INCLUSIVE MARKET SYSTEMS

    Total calculated
    $279,480
    From this org
    $231,786
    From related orgs
    $0
    Other
    $47,694
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,852
    Bonus
    $0
    Other
    $1,934
    Deferred
    $19,779
    Nontaxable benefits
    $27,915
    Filer's total
    $279,480

  • Nicole Chao

    VP OF RESILIENCE & GROWTH

    Total calculated
    $213,540
    From this org
    $157,087
    From related orgs
    $0
    Other
    $56,453
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,333
    Bonus
    $0
    Other
    $1,754
    Deferred
    $15,746
    Nontaxable benefits
    $40,707
    Filer's total
    $213,540

  • Joseph Sanders

    CHIEF OF PARTY

    Total calculated
    $346,575
    From this org
    $287,327
    From related orgs
    $0
    Other
    $59,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,138
    Bonus
    $0
    Other
    $118,189
    Deferred
    $17,623
    Nontaxable benefits
    $41,625
    Filer's total
    $346,575

  • Regis Terrien

    CHIEF OF PARTY

    Total calculated
    $307,554
    From this org
    $267,900
    From related orgs
    $0
    Other
    $39,654
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,888
    Bonus
    $0
    Other
    $99,012
    Deferred
    $0
    Nontaxable benefits
    $39,654
    Filer's total
    $307,554

  • Walter Nunez

    CHIEF OF PARTY (THRU 12/15/22)

    Total calculated
    $292,661
    From this org
    $266,948
    From related orgs
    $0
    Other
    $25,713
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,721
    Bonus
    $0
    Other
    $68,227
    Deferred
    $0
    Nontaxable benefits
    $25,713
    Filer's total
    $292,661

  • Terrance Ryan

    CHIEF OF PARTY

    Total calculated
    $291,143
    From this org
    $244,248
    From related orgs
    $0
    Other
    $46,895
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,265
    Bonus
    $0
    Other
    $53,983
    Deferred
    $19,117
    Nontaxable benefits
    $27,778
    Filer's total
    $291,143

  • Sophie Walker

    CHIEF OF PARTY

    Total calculated
    $270,106
    From this org
    $269,518
    From related orgs
    $0
    Other
    $588
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,704
    Bonus
    $0
    Other
    $63,814
    Deferred
    $0
    Nontaxable benefits
    $588
    Filer's total
    $270,106

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 · 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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 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
CERTAIN ACDI/VOCA EMPLOYEES ARE ASSIGNED TO WORK IN COUNTRIES OTHER THAN THEIR COUNTRY OF RESIDENCE; THOSE EMPLOYEES ARE PROVIDED WITH A HOUSING ALLOWANCE AND TRAVEL BENEFITS.
PART I, LINE 4A
WALTER NUNEZ RECEIVED SEVERANCE IN THE AMOUNT OF $15,599.

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.

  • TANAGER

    501(C)(3) · INTERNATIONAL DEVELOPMENT · DC · controlled entity

    Directly controlled by ACDIVOCA

  • MCA BAI TUSHUM

    NGO THAT CONDUCTS LENDING AND OTHER FINANCIAL SERVICES · KG · controlled entity

    Directly controlled by ACDIVOCA

  • KMF DEMEU

    NGO THAT CONDUCTS LENDING AND OTHER FINANCIAL SERVICES · KZ · controlled entity

    Directly controlled by ACDIVOCA

  • FUNDACION ACDIVOCA LA (FAVLA)

    GENERATE OPPORTUNITIES FOR ECONOMIC AND SOCIAL INCLUSION IN LATIN AMERICA · CO · controlled entity

    Directly controlled by ACDIVOCA

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.

  • INK FUND LLC

    LEND CAPITAL TO FINANCIAL INSTITUTIONS FOR ON-LENDING TO ENTERPRISES. · DE · income $1,486,232 · assets $10,869,189

    Directly controlled by ACDIVOCA

  • AV VENTURES GHANA LLC

    FINANCING TO AGRIBUSINESS SMALL AND MEDIUM ENTERPRISE SMES · DE · income $66,030 · assets $2,455,128

    Directly controlled by ACDIVOCA

  • AV VENTURES LLC

    IDENTIFYING ECONOMIC OPPORTUNITIES FOR FARMERS AND OTHER ENTREPRENEURS · DE · income $938,092 · assets $579,005

    Directly controlled by ACDIVOCA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • FRONTIERS

    C · WHOLESALE LENDING · KG · 100% owned · share of income $2,224,777 · share of assets $15,995,868 · controlled entity

    Directly controlled by ACDIVOCA

  • AV FRONTIERS

    C · SME AND FI LENDING · KG · 100% owned · share of income $126,607 · share of assets $121,406 · controlled entity

    Directly controlled by FRONTIERS

  • CENTRAL ASIAN IMPACT FUND

    C · BLENDED FINANCE · DC · 100% owned · controlled entity

    Directly controlled by KMF DEMEU

  • ACDIVOCA NIGERIA LTD GTE

    C · AGRICULTURAL MGMT/DEVELOPMENT · NI · 100% owned · share of assets $665,526 · controlled entity

    Directly controlled by ACDIVOCA

  • ACDI-V OPERATIONS NIGERIA LIMITED

    C · OTHER SUPPORT SERVICES · NI · 100% owned · controlled entity

    Directly controlled by ACDIVOCA

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202323189349311112

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