Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 82,689,895 | 79,783,618 | 85,974,826 | 84,664,274 | 79,995,673 | 413,108,286 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 82,689,895 | 79,783,618 | 85,974,826 | 84,664,274 | 79,995,673 | 413,108,286 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 51,698,879 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 361,409,407 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 82,689,895 | 79,783,618 | 85,974,826 | 84,664,274 | 79,995,673 | 413,108,286 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 75,542 | 194,620 | 685,166 | 208,206 | 157,978 | 1,321,512 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 20,920 | 1,060,372 | 1,018,209 | 1,833,095 | 348,622 | 4,281,218 |
| 11 | Total support. Add lines 7 through 10 | 418,711,016 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2020 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2020 |
(iii) Distributable Amount for 2020 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2020 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2020: | ||||
| a From 2015....... | ||||
| b From 2016....... | ||||
| c From 2017....... | ||||
| d From 2018....... | ||||
| e From 2019....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2020 distributable amount | ||||
|
i
Carryover from 2015 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2020 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2020 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2020, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2020. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2021. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2016..... | ||||
| b Excess from 2017..... | ||||
| c Excess from 2018..... | ||||
| d Excess from 2019..... | ||||
| e Excess from 2020..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | OTHER INCOME - 2016 AMOUNT: $ 20,920. 2017 AMOUNT: $ 1,060,372. 2018 AMOUNT: $ 929,144. 2019 AMOUNT: $ 1,833,095. 2020 AMOUNT: $ 348,622. FUNDRAISING - 2018 AMOUNT: $ 89,065. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 4A | TECHNOSERVE WORKS WITH ENTERPRISING MEN AND WOMEN IN THE DEVELOPING WORLD TO BUILD COMPETITIVE FARMS, BUSINESSES, AND INDUSTRIES. A NONPROFIT ORGANIZATION OPERATING IN 29 COUNTRIES, TECHNOSERVE IS A LEADER IN HARNESSING THE POWER OF THE PRIVATE SECTOR TO HELP PEOPLE LIFT THEMSELVES OUT OF POVERTY. BY LINKING PEOPLE TO INFORMATION, CAPITAL, AND MARKETS, WE HAVE HELPED MILLIONS TO CREATE LASTING PROSPERITY FOR THEIR FAMILIES AND COMMUNITIES. FOUNDED OVER 50 YEARS AGO, TECHNOSERVE HAS BEEN NAMED THE #1 NONPROFIT FOR FIGHTING POVERTY BY AN CHARITY RATINGS AGENCY. DURING THE COURSE OF 2020, OUR WORK BENEFITED 298,000 FARMERS, BUSINESSES, AND EMPLOYEES, IMPROVING THE LIVES OF AN ESTIMATED 1.3 MILLION HOUSEHOLD MEMBERS. WE HELPED THESE BENEFICIARIES GENERATE MORE THAN $188 MILLION IN ADDITIONAL REVENUE AND WAGES. WOMEN'S ECONOMIC EMPOWERMENT IS A CENTRAL FOCUS OF TECHNOSERVE'S WORK, AND 39% OF ALL OF OUR BENEFICIARIES WERE WOMEN IN 2020. BELOW, WE PROVIDE UPDATES FROM SEVERAL KEY PROJECTS AND PRACTICES, REPRESENTING A CROSS-SECTION OF TECHNOSERVE'S WORK IN AGRICULTURAL VALUE CHAINS AND ENTREPRENEURSHIP AROUND THE WORLD: RESPONDING TO THE COVID-19 PANDEMIC, WHICH HAD ENORMOUS ECONOMIC CONSEQUENCES FOR ENTREPRENUERS, TECHNOSERVE AND THE MASTERCARD FOUNDATION LAUNCHED THE THE MICRO-ENTERPRISES STRENGTHENED FOR PANDEMIC ADAPTATION AND RESILIENCE IN KENYA (MSPARK) PROGRAM. OVER THE COURSE OF A YEAR, THE PROGRAM IS HELPING 28,000 MICRO-ENTREPRENEURS BY PROVIDING REMOTE, DIGITAL TRAINING ON SKILLS AND TECHNIQUES TO NAVIGATE THE CRISIS AND FACILITATING ACCESS TO FINANCING TO HELP THEIR BUSINESSES RECOVER. IN BENIN, TECHNOSERVE IS LEADING THE BENINCAJU PROJECT, WHICH WAS LAUNCHED IN 2016 AND IS FUNDED BY THE U.S. DEPARTMENT OF AGRICULTURE (USDA). BY PROVIDING AGRONOMY TRAINING TO FARMERS, BUILDING THE CAPACITY OF CASHEW-NUT AND CASHEW-APPLE PROCESSORS, HARNESSING NEW TECHNOLOGY, AND IMPROVING ACCESS TO FINANCE AND MARKETS, THE PROGRAM IS HELPING TO MAKE THE CASHEW SECTOR AN ENGINE FOR BENIN'S ECONOMIC DEVELOPMENT. TO DATE, THE PROGRAM HAS PROVIDED TRAINING TO MORE THAN 75,000 FARMERS AND HAS HELPED PARTICIPANTS TO SELL NEARLY $80 MILLION OF RAW CASHEW NUTS. WITH THE SUPPORT OF THE USDA AND THE WEHUBIT PROGRAM OF THE BELGIUM DEVELOPMENT AGENCY ENABEL, , TECHNOSERVE IS ALSO PILOTING THE USE OF NEW TECHNOLOGIES TO SUPPORT THE LIVELIHOODS OF BENIN'S CASHEW FARMERS. THE ORGANIZATION IS USING DRONE AND SATELLITE TECHNOLOGY, COUPLED WITH MACHINE LEARNING, TO CREATE THE FIRST COMPREHENSIVE MAP OF BENIN'S CASHEW FARMERS, ALLOWING TRAINING, EXTENSION WORKERS, AND OTHER RESOURCES TO BE DEPLOYED WHERE THEY ARE MOST NEEDED. IT HAS ALSO DEVELOPED CHATBOTS THAT HELP EXTENSION WORKERS PROVIDE MORE IMPACTFUL GUIDANCE TO FARMERS. FROM HONDURAS TO ZIMBABWE AND PERU TO ETHIOPIA, TECHNOSERVE IS WORKING TO BUILD A SUSTAINABLE GLOBAL COFFEE SECTOR. TECHNOSERVE'S PROGRAMS HELP FARMERS IMPROVE THE QUALITY AND YIELDS OF THEIR COFFEE AND STRENGTHEN THE VALUE CHAIN, HELPING TO ENSURE THAT COFFEE GROWERS EARN BETTER PRICES AND IMPROVE THE RESILIENCE OF THEIR FARMS. IN 2020, TECHNOSERVE'S COFFEE PROGRAMS HELPED 77,918 FARMERS EARN MORE THAN $42 MILLION IN ADDITIONAL INCOME. THE STRENGTHENING AFRICAN PROCESSORS OF FORTIFIED FOODS (SAPFF) PROGRAM, A PARTNERSHIP BETWEEN TECHNOSERVE, PARTNERS IN FOOD SOLUTIONS, AND THE BILL & MELINDA GATES FOUNDATION, IS WORKING TO BOOST NUTRITION AND FOOD SECURITY BY IMPROVING CONSUMER ACCESS TO FORTIFIED FOOD IN NIGERIA, KENYA, AND TANZANIA. THE PROGRAM WORKS WITH FOOD PROCESSORS TO ADOPT FOOD FORTIFICATION AND INCREASE THEIR CAPACITY TO PRODUCE SAFE, NUTRITIOUS FOOD. IN 2020, SAPFF CONVENED THE 3RD ANNUAL NIGERIA FOOD PROCESSING AND LEADERSHIP FORUM, WHERE IT WAS ANNOUNCED THAT THE PROGRAM'S PRIVATE-SECTOR PARTNERS HAD INCREASED THE COUNTRY'S SUPPLY OF FORTIFIED WHEAT FLOUR BY 68% FROM 2018ENOUGH TO REACH AN ADDITIONAL 73.5 MILLION PEOPLEAND TRIPLED THE SUPPLY OF FORTIFIED SUGAR, HELPING TO REACH AN ADDITIONAL 125 MILLION NIGERIANS. TECHNOSERVE'S ENTREPRENEURSHIP PRACTICE SUPPORTS THE MICRO, SMALL, AND GROWING BUSINESSES THAT CREATE EMPLOYMENT AND ECONOMIC ACTIVITY IN LOCAL COMMUNITIES AND HAVE PROVIDED ESSENTIAL GOODS AND SERVICES AMID THE COVID-19 PANDEMIC. USING CAREFUL ADAPTATION, A MARKET-DRIVEN APPROACH, EFFECTIVE CAPACITY DEVELOPMENT, AND RIGOROUS MEASUREMENT AND CONTINUOUS LEARNING, THIS WORK HELPED 63,000 PEOPLE EARN AN ADDITIONAL $97 MILLION AMID THE PANDEMIC IN 2020. |
| FORM 990, PART VI, SECTION A, LINE 4 | DURING 2020, THE FOLLOWING TECHNOSERVE BYLAWS WERE AMENDED AND RESTATED. ARTICLE V COMMITTEES 1. EXECUTIVE COMMITTEE. SUBJECT TO THE LIMITATIONS OF AUTHORITY SET FORTH IN SECTION 712(A) OF THE NEW YORK NOT-FOR-PROFIT-CORPORATION LAW (N-PCL 712(A)), AN EXECUTIVE COMMITTEE SHALL BE APPOINTED TO ACT IN THE PLACE OF THE BOARD OF DIRECTORS WHEN AUTHORITY IS DESIGNATED BY THE BOARD OR WHEN THE BOARD IS NOT IN SESSION. THE EXECUTIVE COMMITTEE SHALL KEEP REGULAR MINUTES OF ITS PROCEEDINGS, AND ALL ACTION BY THE EXECUTIVE COMMITTEE SHALL BE REPORTED AT EACH REGULAR OR SPECIAL MEETING OF THE BOARD OF DIRECTORS IMMEDIATELY FOLLOWING SUCH ACTION. THE EXECUTIVE COMMITTEE SHALL CONSIST OF AT LEAST THREE DIRECTORS, INCLUDING THE CHAIR AND THE VICE CHAIR. EACH MEMBER OF THE EXECUTIVE COMMITTEE SHALL BE ELECTED ANNUALLY BY A MAJORITY VOTE OF THE MEMBERS OF THE BOARD OF DIRECTORS THEN IN OFFICE TO SERVE UNTIL THE EARLIER OF THE ELECTION OF A SUCCESSOR OR THE END OF THE DIRECTOR'S TERM ON THE BOARD OF DIRECTORS. ARTICLE VI CONFLICTS OF INTEREST IN ORDER TO PROTECT THE CORPORATION AGAINST ANY REAL OR POTENTIAL CONFLICTS OF INTEREST, THE BOARD OF DIRECTORS SHALL ADOPT A WRITTEN CONFLICT OF INTEREST POLICY THAT WILL GOVERN THE INDEPENDENCE OF DIRECTORS, OFFICERS AND KEY PERSONS AS WELL AS TRANSACTIONS IN WHICH DIRECTORS, OFFICERS AND KEY PERSONS HAVE A FINANCIAL INTEREST. ANY DIRECTOR, OFFICER OR KEY PERSON WHO HAS AN INTEREST IN A RELATED PARTY TRANSACTION SHALL DISCLOSE IN GOOD FAITH TO THE BOARD OF DIRECTORS, OR AN AUTHORIZED COMMITTEE THEREOF, THE MATERIAL FACTS CONCERNING SUCH INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT FORM 990 IS PREPARED AND REVIEWED INTERNALLY BY SENIOR MANAGEMENT AND PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. THE FINAL FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | TECHNOSERVE'S CONFLICT OF INTEREST POLICY REQUIRES EACH DIRECTOR, OFFICER AND KEY EMPLOYEE TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AND RECUSE HIM/HER SELF FROM ANY INVOLVEMENT IN A DECISION IN WHICH THE INDIVIDUAL HAS OR MAY HAVE A CONFLICT OF INTEREST. ON AN ANNUAL BASIS, EACH DIRECTOR, OFFICER AND KEY EMPLOYEE IS REQUIRED TO COMPLETE A STATEMENT THAT INCLUDES AN ACKNOWLEDGEMENT THAT THE INDIVIDUAL HAS READ AND UNDERSTANDS THE POLICY, AGREES TO ABIDE BY THE POLICY AND DISCLOSES ANY CONFLICTS. IN ADDITION, THE ORGANIZATION HAS A POLICY THAT CLARIFIES THE PROCESS IN WHICH EMPLOYEES, VOLUNTEERS AND CONSULTANTS MAY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CHIEF HUMAN CAPITAL OFFICER CONDUCTS REVIEWS OF COMPENSATION INCLUDING BENCHMARKING AGAINST OTHER NON-PROFIT ORGANIZATIONS. SENIOR MANAGEMENT SALARIES AND INCREASES ARE PRESENTED TO AND SUBJECT TO APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE ORGANIZATION'S MOST RECENT FORM 990 IS ALSO AVAILABLE ON ITS WEBSITE AT WWW.TECHNOSERVE.ORG. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 8,608,970. MANAGEMENT AND GENERAL EXPENSES 473,193. FUNDRAISING EXPENSES 1,086,083. TOTAL EXPENSES 10,168,246. |
| FORM 990, PART XI, LINE 9: | CURRENCY TRANSLATION ADJUSTMENTS -133,268. REFUND OF GRANT 9,850. |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. |
| FORM 990, PART I, LINE 5 | TECHNOSERVE WORLDWIDE NUMBER OF EMPLOYEES DURING THE 2020 IS 1,778, PART I LINE 5 SHOWS 132, FOR WHICH THE ORGANIZATION HAS ISSUED CORRESPONDING W-2S. |
| Software ID: | |
| Software Version: |