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 | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 79,995,673 | 96,185,270 | 92,788,281 | 115,146,169 | 121,266,673 | 505,382,066 |
| 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 | 79,995,673 | 96,185,270 | 92,788,281 | 115,146,169 | 121,266,673 | 505,382,066 |
| 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) .. | 62,564,344 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 442,817,722 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 79,995,673 | 96,185,270 | 92,788,281 | 115,146,169 | 121,266,673 | 505,382,066 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 157,978 | 91,252 | 108,838 | 597,446 | 671,958 | 1,627,472 |
| 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.).. | 348,622 | 71,458 | 124,381 | 75,590 | 119,404 | 739,455 |
| 11 | Total support. Add lines 7 through 10 | 507,748,993 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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 on 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 2024 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-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, 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 2024. 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 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | OTHER INCOME - 2020 AMOUNT: $ 348,622. 2021 AMOUNT: $ 71,458. 2022 AMOUNT: $ 124,381. 2023 AMOUNT: $ 75,590. 2024 AMOUNT: $ 119,404. |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| FORM 990, PART III, LINE 4A | FOUNDED IN 1968, TECHNOSERVE INC IS A LEADER IN HARNESSING THE POWER OF BUSINESS TO HELP PEOPLE LIFT THEMSELVES OUT OF POVERTY FOR GOOD. A NONPROFIT ORGANIZATION WORKING IN ABOUT 30 COUNTRIES, WE HELP PEOPLE BUILD BETTER FUTURES THROUGH REGENERATIVE FARMS, BUSINESSES, AND MARKETS THAT INCREASE INCOMES. OUR VISION IS A SUSTAINABLE WORLD WHERE ALL PEOPLE IN LOW-INCOME COMMUNITIES HAVE THE OPPORTUNITY TO PROSPER. IN 2024, TECHNOSERVE INC'S WORK SUPPORTED 1.2 MILLION PEOPLE AND ENTERPRISES ACROSS LATIN AMERICA, AFRICA, AND ASIA TO GENERATE $491 MILLION IN INCREASED REVENUE. OF THOSE BENEFITING FROM IMPROVED REVENUES, 42% WERE WOMEN OR WOMEN-OWNED BUSINESSES. 73,000 JOBS WERE CREATED, STRENGTHENED, OR FILLED AS A RESULT OF TECHNOSERVE INC'S WORK IN 2024. OUR PROGRAMS IMPROVED THE LIVES OF AN ESTIMATED 3.1 MILLION PEOPLE WORLDWIDE, INCLUDING FARMERS, ENTREPRENEURS, EMPLOYEES, AND THEIR FAMILIES. EACH DOLLAR INVESTED IN OUR PROGRAMS HELPED CLIENTS INCREASE THEIR REVENUE BY AN AVERAGE OF $7.60. MEANWHILE, AN ESTIMATED 126,000 TONS OF CO2E EMISSIONS WERE AVOIDED, REDUCED, OR SEQUESTERED THROUGH TECHNOSERVE INC PROJECTS PROMOTING REGENERATIVE PRACTICES. BELOW, WE PROVIDE UPDATES FROM SEVERAL INITIATIVES THAT ILLUSTRATE TECHNOSERVE INC'S DIVERSE EFFORTS TO HELP PEOPLE BUILD SUSTAINABLE LIVELIHOODS. SUPPORTING AGRICULTURAL VALUE CHAINS AND REGENERATIVE FOOD SYSTEMS TECHNOSERVE INC SUPPORTS INCLUSIVE, REGENERATIVE AGRICULTURAL VALUE CHAINS THAT DELIVER BETTER LIVELIHOODS FOR COMMUNITIES AND FARMING FAMILIES, IMPROVE NUTRITION, AND PROTECT NATURAL RESOURCES. THESE PROGRAMS HELPED MORE THAN HALF A MILLION PEOPLE EARN $235 MILLION OF ADDITIONAL INCOME. IN MEXICO, THE PEQUENO PRODUCTOR PROGRAM, FUNDED BY THE WALMART MEXICO FOUNDATION AND IMPLEMENTED BY TECHNOSERVE INC, HAS TRAINED OVER 32,000 SMALLHOLDER FARMERS IN AGRONOMY PRACTICES AND HELPED FARMERS TRANSITION MORE THAN 68,000 HECTARES OF LAND INTO REGENERATIVE PRODUCTION. THE PROGRAM HELPS IMPROVE MARKET ACCESS FOR LOCAL AGRIBUSINESSES LIKE UTELINI TONATIUTEOTL, WHICH INCREASED ITS SALES BY 1,400% OVER FOUR YEARS AND GENERATED 256 JOBS. CATALYZING ENTERPRISE DEVELOPMENT TECHNOSERVE INC'S ENTREPRENEURSHIP WORK SUPPORTS MICRO, SMALL, AND GROWING BUSINESSES (SGBS) THAT DRIVE JOB CREATION AND LOCAL ECONOMIC GROWTH. IN 2024, THESE PROGRAMS HELPED 311,000 PEOPLE EARN MORE THAN $212 MILLION IN ADDITIONAL REVENUE. FOR EXAMPLE, THE GREENR PROGRAM SUPPORTED BY THE IKEA FOUNDATION AND VISA FOUNDATION IS HELPING TO SCALE THE GROWTH OF SUSTAINABLE SMALL BUSINESSES IN INDIA'S CIRCULAR ECONOMY. GREENR CLIENT BRISIL TECHNOLOGIES TRANSFORMS RICE HUSK ASH INTO SILICA, REDUCING POLLUTION AND THE ENVIRONMENTAL IMPACT OF SILICA PRODUCTION. WITH TECHNOSERVE INC'S SUPPORT, BRISIL'S MONTHLY REVENUE INCREASED TENFOLD BETWEEN APRIL 2023 AND AUGUST 2024, AND THE COMPANY HAS ADDED 30 FULL-TIME JOBS AND 35 CONTRACT POSITIONS. |
| FORM 990, PART VI, SECTION A, LINE 1A | THE 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 |
| 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 INC'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. WHEN AN INDIVIDUAL DISCLOSES A POTENTIAL CONFLICT OF INTEREST, THE ETHICS COMMITTEE WILL DETERMINE IF THE SITUATION PRESENTS A REAL OR PERCEIVED CONFLICT OF INTEREST. IF TECHNOSERVE INC HAS REASON TO BELIEVE THAT AN INDIVIDUAL HAS NOT DISCLOSED AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, TECHNOSERVE INC WILL FOLLOW UP AND CONSIDER DISCIPLINARY ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CHIEF HUMAN CAPITAL OFFICER (CHCO) REGULARLY CONDUCTS REVIEWS OF COMPENSATION FOR THE CEO AND OTHER SENIOR MANAGEMENT OFFICIALS AGAINST RELEVANT AND LOCATION-SPECIFIC PAY AND BENEFIT BENCHMARKS. THE CHCO USES DATA TO COMPARE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. DOCUMENTATION IS CONTEMPORANEOUSLY RECORDED FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. IN ADDITION, IN COOPERATION WITH THE COMPENSATION COMMITTEE OF THE BOARD, THE CHCO COMMISSIONS A CUSTOM SURVEY OF EXECUTIVE PAY AT LEAST ONCE EVERY THREE YEARS TO ASSESS ONGOING REASONABLENESS AND COMPETITIVENESS OF EXECUTIVE PAY (MEMBERS OF THE C-SUITE). AN EXECUTIVE COMPENSATION ANALYSIS IS CONDUCTED YEARLY, THE LAST ONE TAKING PLACE FEBRUARY 2024. ANY CHANGES TO THE COMPENSATION OF THE CEO ARE RECOMMENDED BY THE COMPENSATION COMMITTEE TO THE EXECUTIVE COMMITTEE FOR CONSIDERATION AND APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | AUDITED 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). |
| FORM 990, PART XI, LINE 9: | FOREIGN CURRENCY TRANSLATION ADJUSTMENTS -1,193,883. |
| FORM 990, PART I, LINE 5 | IN 2024, TECHNOSERVE INC HAD 3,008 EMPLOYEES WORLDWIDE. THE NUMBER OF EMPLOYEES REPORTED IN PART I, LINE 5 AND PART V, LINE 2A ONLY REFLECT THOSE INDIVIDUALS RECEIVING A FORM W-2. |
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