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African Agricultural Technology Foundation
African Agricultural Technology Foundation reported $16.4 million in revenue and $18.1 million in expenses for calendar year 2024. Of every $100 it spent, $75.19 went to program services, $24.81 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 95.1% of the total. Government grants made up 14.9%. The highest compensation it reported for one person was $329,762 (Executive Director). 14 people received more than $100,000 in reportable compensation. Revenue fell 24% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $18MFor 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 $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.2% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 24.8% | 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 | 95.1% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 14.9% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $329,762 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.82% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 14 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.2 | 7.5 |
| Independent voting board members Part VI 1a–1b | 11 of 12 | 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 expenseThe tela maize project has agricultural and research activities being undertaken in kenya, uganda, tanzania, mozambique, south africa, ethiopia, nigeria, mexico and USA
The open forum for agricultural biotechnology (ofab) currently undertakes activities in kenya, uganda, tanzania, nigeria, ghana, burkina faso, ethiopia, rwanda, malawi and mozambique
The podborer resistant cowpea project activities are undertaken in nigeria, ghana, burkina faso, australia and USA
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 |
|---|---|---|---|---|
| Executive Director Director/trustee, officer, 37.5 hrs/week | $317,949 | $0 | $11,813 | $329,762 |
| Director Programme Development and Commercialization Highest compensated employee, 37.5 hrs/week | $255,579 | $0 | $55,071 | $310,650 |
| Director Resource Mobilization Highest compensated employee, 37.5 hrs/week | $236,099 | $0 | $31,400 | $267,499 |
| Director Corporate Services Highest compensated employee, 37.5 hrs/week | $248,241 | $0 | $10,159 | $258,400 |
| Seed Production Manager Officer, 37.5 hrs/week | $204,358 | $0 | $40,553 | $244,911 |
| Director Legal affairs Highest compensated employee, 37.5 hrs/week | $161,970 | $0 | $63,409 | $225,379 |
14 people received more than $100,000 in reportable compensation from African Agricultural Technology Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (Part IX, line 5).
6 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–1b12 · 11 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 11aNo
- 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 26Yes
- 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 558
- Volunteers Part I, line 615
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ECOBASIC SEED COMPANY LIMITED Product.,processing | $1,294,827 |
| QUALIBASIC SEED COMPANY LTDKENYA(QBS) Qbs production | $1,094,581 |
| ETHIOPIAN INSTITUTE OF AGRICULTURAL RES Colab tela & ofab | $247,003 |
| The African Seed Access Index (TASAI) provide country-level assessments of the seed industry in Africa | $105,827 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from African Agricultural Technology Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for African Agricultural Technology Foundation, you can publish a response that is linked from this page.
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Of every $100 African Agricultural Technology Foundation spent in 2024, $75.19 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of African Agricultural Technology Foundation's spending goes to programs?
In calendar year 2024, African Agricultural Technology Foundation reported that 75.2% of its $18.1 million in expenses went to program services, 24.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does African Agricultural Technology Foundation pay its top executive?
The largest total compensation African Agricultural Technology Foundation reported for one person in calendar year 2024 was $329,762, for the role of Executive Director (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does African Agricultural Technology Foundation get its money?
Of $16.4 million in revenue in calendar year 2024, 95.1% came from contributions and grants (including 14.9% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is African Agricultural Technology Foundation a registered charity?
The IRS lists EIN 98-0459537 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))). Form 990 filings on record here cover tax years 2019, 2020, 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 202513219349305391 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349320663 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333199349310398 · read the filing
- 2021: Form 990 for calendar year 2021, object 202202599349300630 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102929349300215 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013189349301311 · read the filing
All filings for EIN 98-0459537: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.