Skip to content
Nonprofiteer
← AMERICAN FRIENDS OF BEAN VOYAGE

Form 990 for tax year 2024

Filed by AMERICAN FRIENDS OF BEAN VOYAGE.

Totals

Total revenue
$419,946
Total expenses
$414,261
Contributions and grants received
$374,346
Grants paid
$325,965
Program service revenue
$42,350
Investment income
$0
Other revenue
$3,250
Total assets, end of year
$142,277
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$142,277
Program services expenses (Part IX)
$392,179
Management and general expenses
$9,816
Fundraising expenses
$12,266
Program service expenses (Part III)
$392,179

Program services were 94.7% 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.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $374,346

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Women-Powered Coffee Summit

    total $24,634 · related or exempt $24,634 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Green Coffee Sales

    total $17,206 · related or exempt $17,206 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Origin Trip

    total $480 · related or exempt $480 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: Sales from roasted coffee

    total $30 · related or exempt $30 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Refund from fundraising services provider that provided services in 2023

    total $3,250 · related or exempt $3,250 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $3,250

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $325,965 · program services $325,965

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $65,025 · program services $50,394 · management and general $8,128 · fundraising $6,503

  • 6 · Compensation of disqualified persons

    total $14,617 · program services $14,617 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $1,450 · program services $1,203 · management and general $147 · fundraising $100

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $47 · management and general $47

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $697 · management and general $697

  • 19 · Conferences, conventions and meetings

    total $5,663 · fundraising $5,663

  • 24e · All other expenses

    total $797 · management and general $797

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $136,592 · end of year $142,277

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0

  • 8 · Inventories for sale or use

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0

  • 15 · Other assets

    beginning of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $136,592 · end of year $142,277

Mission and programs · 2024

Mission

American Friends of Bean Voyage provides training and market access support to smallholder women coffee producers in Latin America, supporting them to gain tools, knowledge and network to lead thriving coffee businesses and their communities towards a sustainable future.

  • Resilient Communities Initiative: A 12-month rural incubator program that equips smallholder women coffee farmers with training, peer support, and seed capital to establish resilient farm businesses and break out of the vicious cycle of food insecurity and poverty. KPIs include 300 farmers enrolled; 12 weeks of virtual sessions + 1 national bootcamp; $50,000 distributed in seed funds; 119 project-led action plans supported. We have two programs in RCI: one in Costa Rica (250 participants) and one in Colombia (50 participants)

    Expenses $223,170 · Grants $239,919

  • Market Readiness Initiative: Equipping smallholder women coffee farmers with opportunities to establish direct trade relationships with specialty coffee buyers, earn higher farm-gate revenue and build thriving businesses. Bean Voyage has been running the Market Readiness Initiative since 2019. In 2023, The initiative has resulted in the following impact: Exported a total of 32+ tonnes of women-powered coffee globally. Assisted over 103 smallholder women coffee farmers in being market-ready and selling their coffee to buyers globally. Generated over $266,342 in farmgate income. Ensured a 212% increase in prices compared to the commodity markets. Expanded program from Costa Rica to Mexico.

    Expenses $49,987 · Grants $47,113 · Revenue $17,716

  • Women Powered Coffee Summit: A dynamic and inclusive 3-day gathering dedicated to fostering equity in the coffee industry, bringing together smallholder women coffee producers and other women coffee professionals in a safe and inclusive space. Number of participants at the Summit: 250; Number of producers participated: 124

    Expenses $110,702 · Grants $107,314 · Revenue $24,634

  • Amigos Program - hosted 45 students

    Expenses $8,320 · Revenue $950

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

Listed in Part VII

  • Sunghee Tark

    Board of Directors

    Total calculated
    $32,500
    From this org
    $0
    From related orgs
    $0
    Other
    $32,500
    Hours/week
    40

  • Abhinav Khanal

    Board of Directors

    Total calculated
    $32,500
    From this org
    $0
    From related orgs
    $0
    Other
    $32,500
    Hours/week
    40

  • Andrea Zinn

    Treasurer, Board of Directors

    Total calculated
    $0
    Hours/week
    0.75

  • Debra Shapira

    Giving Committee Chair, Board of Directors

    Total calculated
    $0
    Hours/week
    0.75

  • Maika Isogawa

    Secretary, Board of Directors

    Total calculated
    $0
    Hours/week
    0.75

  • Alethia Kang

    Board of Directors

    Total calculated
    $0
    Hours/week
    0.75

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2025
IRS schema version
2024v5.0
Source object
202501349349312870

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.