Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $40,594,764

• 1f · All other contributions, gifts and grants

  $80,671,909

• 1g · Noncash contributions included above

  $20,220,653

• 2a · Program service revenue: PROGRAM INCOME

  total $30,092 · related or exempt $30,092

• 3 · Investment income

  total $671,958 · excluded $671,958

• 7a · Gross sales of assets other than inventory

  securities $117,340 · other assets $833,513

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

  securities $115,872 · other assets $799,990

• 7c · Gain or loss

  securities $1,468 · other assets $33,523

• 7d · Net gain or loss

  total $34,991 · excluded $34,991

• 11a · Other revenue: OTHER INCOME

  total $61,659 · related or exempt $61,659

• 11b · Other revenue: TRAVEL INCOME

  total $57,745 · related or exempt $57,745

• 11e · Other revenue, total

  $119,404

Functional expenses

Part IX, the statement of functional expenses.

• 3 · Grants to foreign organizations and individuals

  total $14,942,086 · program services $14,942,086

• 5 · Compensation of officers, directors and key employees

  total $4,837,115 · program services $3,957,504 · management and general $720,299 · fundraising $159,312

• 7 · Other salaries and wages

  total $47,160,412 · program services $40,593,898 · management and general $5,491,765 · fundraising $1,074,749

• 8 · Pension plan contributions

  total $3,275,039 · program services $1,873,539 · management and general $1,101,718 · fundraising $299,782

• 9 · Other employee benefits

  total $7,853,781 · program services $4,492,882 · management and general $2,642,000 · fundraising $718,899

• 10 · Payroll taxes

  total $4,161,848 · program services $2,380,852 · management and general $1,400,040 · fundraising $380,956

• 11b · Fees: legal

  total $315,189 · program services $239,698 · management and general $75,491

• 11c · Fees: accounting

  total $465,937 · program services $267,877 · management and general $198,060

• 11e · Fees: professional fundraising services

  total $108,000 · fundraising $108,000

• 11g · Fees: other

  total $10,948,473 · program services $8,285,919 · management and general $342,180 · fundraising $2,320,374

• 12 · Advertising and promotion

  total $447,277 · program services $242,566 · management and general $14,508 · fundraising $190,203

• 13 · Office expenses

  total $349,918 · program services $333,489 · management and general $14,368 · fundraising $2,061

• 14 · Information technology

  total $4,698,933 · program services $2,851,699 · management and general $1,621,753 · fundraising $225,481

• 16 · Occupancy

  total $2,869,502 · program services $2,229,797 · management and general $638,758 · fundraising $947

• 17 · Travel

  total $8,476,698 · program services $7,843,483 · management and general $527,702 · fundraising $105,513

• 19 · Conferences, conventions and meetings

  total $1,458,974 · program services $1,147,554 · management and general $290,070 · fundraising $21,350

• 23 · Insurance

  total $549,702 · program services $255,982 · management and general $293,720

• 24a · Other expenses: TRAINING

  total $9,028,795 · program services $9,028,795

• 24b · Other expenses: ADMINISTRATIVE COST

  total $1,703,095 · program services $1,479,540 · management and general $185,131 · fundraising $38,424

• 24c · Other expenses: PRINTING AND PUBLICATIO

  total $548,044 · program services $523,681 · management and general $6,005 · fundraising $18,358

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,602,181 · end of year $6,635,873

• 2 · Savings and temporary cash investments

  beginning of year $80,496,502 · end of year $80,847,528

• 3 · Pledges and grants receivable

  beginning of year $14,199,760 · end of year $9,385,910

• 4 · Accounts receivable

  beginning of year $4,441,323 · end of year $4,942,766

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,510,154 · end of year $3,348,273

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

  $7,591,746

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

  $5,270,180

• 10c · Land, buildings and equipment, net

  beginning of year $2,852,995 · end of year $2,321,566

• 12 · Investments: other securities

  beginning of year $903,883 · end of year $958,929

• 15 · Other assets

  beginning of year $4,071,322 · end of year $4,347,777

• 17 · Accounts payable and accrued expenses

  beginning of year $12,034,770 · end of year $9,076,505

• 19 · Deferred revenue

  beginning of year $83,292,412 · end of year $81,418,815

• 25 · Other liabilities

  beginning of year $10,468,521 · end of year $10,251,960

• 27 · Net assets without donor restrictions

  beginning of year $12,065,928 · end of year $9,115,134

• 28 · Net assets with donor restrictions

  beginning of year $3,216,489 · end of year $2,926,208

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 INC 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: KRISHANU CHAKRAVARTY: $36,028 ELIZABETH ECKERT: $30,476 BARBORA HLADKA: $38,892 RIZWAN YUSUFALI: $30,157 THE BENEFIT DESCRIBED ABOVE IS INCLUDED IN REPORTABLE COMPENSATION IN PART VII AND SCHEDULE J. ANNUAL TRAVEL ALLOWANCE: TECHNOSERVE INC 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: ELIZABETH ECKERT: $4,707 BARBORA HLADKA: $6,846 KRISHANU CHAKRAVARTY: $11,989 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: $22,531 ELIZABETH ECKERT: $46,727 BARBORA HLADKA: $7,877 GABRIELA CAMPUZANO: $5,704 RIZWAN YUSUFALI: $7,158 THE BENEFIT DESCRIBED ABOVE IS INCLUDED IN REPORTABLE COMPENSATION IN PART VII AND SCHEDULE J.

PART I, LINE 7

INDIVIDUALS EMPLOYED BY TECHNOSERVE INC ARE ELIGIBLE FOR DISCRETIONARY BONUSES. TECHNOSERVE INC USES CERTAIN GUIDELINES TO ENSURE THAT THE BONUS AMOUNTS ARE APPROPRIATE, HOWEVER, THE ACTUAL BONUS AMOUNTS ARE DISCRETIONARY WITHIN THESE GUIDELINES.

Disregarded entities

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

• ASSOCIACAO TECHNOSERVE BRAZIL

  DEVELOPMENT · BR · income $1,023,123 · assets $104,379

  Directly controlled by TECHNOSERVE INC

• FUNDACION TECHNOSERVE CHILE

  DEVELOPMENT · CI · income $1,726,635 · assets $1,099,849

  Directly controlled by TECHNOSERVE INC

• FUNDACION TECHNOSERVE COLOMBIA

  DEVELOPMENT · CO · income $398,615 · assets $48,154

  Directly controlled by TECHNOSERVE INC

• TECHNOSERVE (RF) NPC

  DEVELOPMENT · SF · income $766,339 · assets $365,170

  Directly controlled by TECHNOSERVE INC

• TECHNOSERVE ZAMBIA LIMITED

  DEVELOPMENT · ZA · income $1,302,250 · assets $138,717

  Directly controlled by TECHNOSERVE INC

• TSERV SOLUCIONES PARA LA POBREZA AC

  DEVELOPMENT · MX · income $1,475,602 · assets $314,385

  Directly controlled by TECHNOSERVE INC

• TNS BOTSWANA

  DEVELOPMENT · BC · income $1,171,926 · assets $626,568

  Directly controlled by TECHNOSERVE INC

• TECHNOSERVE SOLUTIONS TO POVERTY LTDGTE

  DEVELOPMENT · NI · income $2,177,784 · assets $454,691

  Directly controlled by TECHNOSERVE INC

• ASHWATTHA ADVISORS PVT LTD

  DEVELOPMENT · IN · income $4,020,765 · assets $1,475,870

  Directly controlled by TECHNOSERVE INC