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Aceli Africa
Aceli Africa reported $17.3 million in revenue and $15.2 million in expenses for calendar year 2024. Of every $100 it spent, $95.09 went to program services, $4.91 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.3% of the total. Government grants made up 19.4%. The highest compensation it reported for one person was $268,056 (CEO, ACELI AFRICA). 2 people received more than $100,000 in reportable compensation. Revenue rose 351% between 2021 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.1% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.9% | 8.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 2.6% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 98.3% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 19.4% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.4% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $268,056 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.76% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 2 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.1 | 7.5 |
| Independent voting board members Part VI 1a–1b | 5 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseAceli Africa's target is to unlock $1.6b in private sector lending for inclusive agricultural smes in east africa through year-end 2030. With access to lending, agricultural smes can drive improvements in the productivity and market access of smallholders, while creating jobs across the value chain. During our first four years of operations (september 2020-december 2024), 42 active aceli lending partners registered loans totaling $283m across the initial four focus countries (kenya, rwanda, tanzania, uganda) and newly, zambia. Of these loans, 61% are to new borrowers (defined as not having…
Aceli americas facilitates learning exchange through an advisory partnership with a mexican non-profit organization to design a local incentive facility, coa. Aceli provides strategic support to inform coa's set-up and design and gathers learning to inform future aceli advisory
Csaf convenes an alliance of lending institutions to build an inclusive and sustainable financial market for small- and medium-sized enterprises (smes) in the agriculture sector. Members share learning, develop industry standards, and engage other stakeholders to facilitate market growth, promote responsible lending practices, and strengthen the sme ecosystem
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO, ACELI AFRICA Officer, 40.00 hrs/week | $251,916 | $0 | $16,140 | $268,056 |
| BOARD DIRECTOR, CEO OF GDI Director/trustee, 2.00 hrs/week | $0 | $218,063 | $37,813 | $255,876 |
| CFO/TREASURER Officer, 8.00 hrs/week | $0 | $203,936 | $14,663 | $218,599 |
| SENIOR MANAGER Highest compensated employee, 40.00 hrs/week | $126,192 | $0 | $13,597 | $139,789 |
| SECRETARY Director/trustee, officer, 4.00 hrs/week | $0 | $76,681 | $4,011 | $80,692 |
2 people received more than $100,000 in reportable compensation from Aceli Africa (Part VII, line 2). Compensation of current officers, directors and key employees totaled $268K (Part IX, line 5).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 54
- Volunteers Part I, line 610
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| GDI AFRICA Professional services/consultancy | $1,323,480 |
| 60 DECIBELS Professional services/consultancy | $429,525 |
| BRAHAM GLOBAL CONSULTANTS LIMITED Professional services/consultancy | $236,404 |
| SORWAFFA LTD Professional services/consultancy | $190,350 |
| TECHNOSERVE INC Professional services/consultancy | $175,157 |
Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Aceli Africa totaling $751K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Aceli Africa's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Aceli Africa, you can publish a response that is linked from this page.
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Of every $100 Aceli Africa spent in 2024, $95.09 went to programs. The full breakdown, from its IRS Form 990:
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All international, foreign affairs & national security charities · Largest charities in District of Columbia
Questions people ask
How much of Aceli Africa's spending goes to programs?
In calendar year 2024, Aceli Africa reported that 95.1% of its $15.2 million in expenses went to program services, 4.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Aceli Africa pay its top executive?
The largest total compensation Aceli Africa reported for one person in calendar year 2024 was $268,056, for the role of CEO, ACELI AFRICA (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Aceli Africa get its money?
Of $17.3 million in revenue in calendar year 2024, 98.3% came from contributions and grants (including 19.4% from government grants) and 0.4% from program service revenue (Form 990, Part VIII).
Is Aceli Africa a registered charity?
The IRS lists EIN 84-3344516 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202512879349301526 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433039349302178 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313109349301626 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223129349303112 · read the filing
All filings for EIN 84-3344516: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.