Technoserve

TechnoServe provides business solutions to poverty.

Category:
 

Description

Washington, DC – EIN 132626135 technoserve.org

TechnoServe provides business solutions to poverty, combining strong local understanding of the people we work with; world-class market analysis; rigorous measurement; and on-the-ground engagement. Our work enables small-scale farmers and entrepreneurs to build a better future for themselves, their families, and their communities.

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TechnoServe

TechnoServe
Nonprofit organization
Founded1968
FounderEdward P. Bullard
HeadquartersWashington, D.C., United States
Area served
29 countries[1]
Key people
William Warshauer, President and CEO
Paul E. Tierney, Jr., Chairman
Revenue85,197,660 United States dollar (2016) Edit this on Wikidata
Number of employees
1,540[2]
Websitetechnoserve.org

TechnoServe is an international nonprofit that promotes business solutions to poverty in the developing world by linking people to information, capital and markets. It is a registered 501(c)(3) based in Washington, D.C., with over 1,540 employees across 29 countries worldwide.[3]

Overview

TechnoServe's mission is to work with enterprising people in the developing world to build competitive firms, businesses and industries.[4] They aim to grow strong markets that create income, jobs, and wealth for individuals in poor communities.

TechnoServe works with individuals and businesses to address local or regional constraints that prevent market systems from operating efficiently. The organization focuses on market systems that have a clear opportunity, the potential for inclusive growth, and the potential for scale. TechnoServe addresses market system failures in three ways:[5]

  • Developing capacity: TechnoServe helps individuals and communities acquire necessary skills, share relevant knowledge, and apply productive technologies needed to build successful farms and businesses.
  • Strengthening market connections: TechnoServe helps coordinate industry players and connect emerging businesses and farms to capital, networks, and suppliers.
  • Improving the business environment: TechnoServe helps encourage self-sustaining economic activity by addressing the policies, information, and incentives that help markets function better

In 2016, TechnoServe’s work benefited 3 million people in 29 countries.[6]

History

Early Years

TechnoServe was founded in 1968 by businessman and philanthropist Ed Bullard after his experience volunteering at a hospital in rural Ghana.[7] He was inspired to start an organization that would help hardworking people harness the power of private enterprise to lift themselves out of poverty. So in 1968, Ed launched TechnoServe – short for “technology in the service of mankind” – to help poor people by connecting them to information and market opportunities.

In 1969, TechnoServe undertook its first project, assisting the construction of a 2,000 square foot feed mill for the production of poultry and eggs in Honduras. TechnoServe helped locate sources of capital and an experienced feed mill operator to direct the first nine months of operation in order to secure the project’s growth and success.

By 1971, TechnoServe had begun work in several other countries across Latin America, the Caribbean and Africa. These early efforts marked the beginning of what would proliferate into more comprehensive projects across the globe over the next several decades.

Notable projects

East Africa Dairy Development

Funded by the Bill & Melinda Gates Foundation and implemented in partnership with Heifer International, the East Africa Dairy Development project aims to double the dairy incomes of 179,000 smallholder farm families — or approximately one million men, women and children— in Kenya, Uganda and Rwanda within 10 years.[8] The program facilitates improved dairy production, business practices, and market access by developing chilling plant hubs.[9]

The Haiti Hope Project

The Haiti Hope Project is a five-year partnership designed to create sustainable economic opportunities for Haitian mango farmers and their families. The project aims to double the incomes of 25,000 smallholder mango farmers five years after they join the Project. It is a public-private partnership of The Coca-Cola Company; the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB); the U.S. Agency for International Development (USAID); and TechnoServe.[10]

Impulsa Tu Empresa

With support from the Argidius Foundation, Impulsa Tu Empresa aims to help more than 800 small and medium-sized enterprises develop their business. Through mentoring, business training and business plan competitions, the program aims to increase sales by $13 million and generate 750 new jobs in Guatemala, Honduras, Nicaragua and Burkina Faso.[11]

Project Nurture

A partnership with The Coca-Cola Company and the Bill & Melinda Gates Foundation, Project Nurture is a five-year project that aims to help more than 50,000 small-scale mango and passion fruit farmers in Kenya and Uganda double their fruit incomes. In addition to identifying new market opportunities, TechnoServe advisors are working with farmers to improve productivity and develop strong farmer business groups.[12]

Strengthening Rural Youth Development Through Enterprise

TechnoServe and the Mastercard Foundation have partnered on an $11.5 million, four-year program beginning in 2011 to help rural young women and men in East Africa transition to economic independence. The Strengthening Rural Youth Development through Enterprise (STRYDE) program delivers a comprehensive package of services including skills training, business development and mentoring to young people ages 18 to 30 in Kenya, Rwanda and Uganda, aiming to assist 15,000 people by the end of the program.[13]

Technical Assistance Facility

TechnoServe serves as the manager of the Technical Assistance Facility (TAF), which supports the African Agriculture Fund, a private equity fund, to address food security challenges across Africa. TAF provides technical assistance to small- and medium-sized enterprises invested in by the African Agriculture Fund, and improves linkages between enterprises and smallholder outgrowers.[14]

References

External links

Videos

IRS data by ProPublica Nonprofit Explorer


TECHNOSERVE INC

ARLINGTON, VA 22209-2133 | Tax-exempt since April 1969
  • EIN: 13-2626135
  • Classification (NTEE)
    International Economic Development (International, Foreign Affairs and National Security)
  • Nonprofit Tax Code Designation: 501(c)(3)
    Defined as: Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.
  • Donations to this organization are tax deductible.
Fiscal year ending

Dec. 2018

Fiscal year ending Dec.

2018

PDF

990
990-T
Audit

Full Text

990 (filed on Dec. 11, 2019)

Full Filing

Raw XML

990

Form 990 and audit documents available

Extracted filing data is not available for this tax period, but Form 990 and audit documents are available for download.

Fiscal year ending

Dec. 2017

Fiscal year ending Dec.

2017

PDF

990
Audit

Full Text

990 (filed on Dec. 14, 2018)

Full Filing

Raw XML

990

Total Revenue

$81,258,414

Total Functional Expenses $80,883,090
Net income $375,324
Notable sources of revenue Percent of total revenue
Contributions $79,879,383 98.3%
Program services $16,343 0.0%
Investment income $194,620 0.2%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $107,696 0.1%
Net inventory sales $0
Other revenue $1,060,372 1.3%
Notable expenses Percent of total expenses
Executive compensation $2,264,404 2.8%
Professional fundraising fees $231,098 0.3%
Other salaries and wages $24,857,591 30.7%
Other
Total Assets $63,448,113
Total Liabilities $57,096,392
Net Assets $6,351,721
Fiscal year ending

Dec. 2016

Fiscal year ending Dec.

2016

PDF

990

Full Text

990 (filed on Jan. 18, 2018)

Full Filing

Raw XML

990

Total Revenue

$85,197,660

Total Functional Expenses $85,806,073
Net income -$608,413
Notable sources of revenue Percent of total revenue
Contributions $82,689,895 97.1%
Program services $0
Investment income $75,542 0.1%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $2,411,303 2.8%
Net inventory sales $0
Other revenue $20,920 0.0%
Notable expenses Percent of total expenses
Executive compensation $2,761,627 3.2%
Professional fundraising fees $188,585 0.2%
Other salaries and wages $24,397,962 28.4%
Other
Total Assets $55,398,182
Total Liabilities $49,686,584
Net Assets $5,711,598
Fiscal year ending

Dec. 2015

Fiscal year ending Dec.

2015

PDF

990
990

Full Text

990 (filed on Jan. 4, 2017)

Full Filing

Raw XML

990

Total Revenue

$86,380,866

Total Functional Expenses $86,614,067
Net income -$233,201
Notable sources of revenue Percent of total revenue
Contributions $86,214,440 99.8%
Program services $3,685 0.0%
Investment income $99,867 0.1%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $14,413 0.0%
Net inventory sales $0
Other revenue $48,461 0.1%
Notable expenses Percent of total expenses
Executive compensation $2,528,355 2.9%
Professional fundraising fees $200,142 0.2%
Other salaries and wages $24,364,178 28.1%
Other
Total Assets $57,355,185
Total Liabilities $49,810,391
Net Assets $7,544,794
Fiscal year ending

Dec. 2014

Fiscal year ending Dec.

2014

PDF

990

Full Text

990 (filed on Sept. 18, 2015)

Full Filing

Raw XML

990

Total Revenue

$76,809,369

Total Functional Expenses $76,450,005
Net income $359,364
Notable sources of revenue Percent of total revenue
Contributions $76,304,736 99.3%
Program services $4,982 0.0%
Investment income $107,641 0.1%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $289,960 0.4%
Net inventory sales $0
Other revenue $102,050 0.1%
Notable expenses Percent of total expenses
Executive compensation $2,534,650 3.3%
Professional fundraising fees $204,389 0.3%
Other salaries and wages $22,546,466 29.5%
Other
Total Assets $68,802,436
Total Liabilities $59,396,571
Net Assets $9,405,865
Fiscal year ending

Dec. 2013

Fiscal year ending Dec.

2013

PDF

990

Full Text

990 (filed on Sept. 18, 2014)

Full Filing

Raw XML

990

Total Revenue

$80,181,976

Total Functional Expenses $74,648,693
Net income $5,533,283
Notable sources of revenue Percent of total revenue
Contributions $79,834,820 99.6%
Program services $533 0.0%
Investment income $89,405 0.1%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising -$28,258
Sales of assets $69,763 0.1%
Net inventory sales $0
Other revenue $215,713 0.3%
Notable expenses Percent of total expenses
Executive compensation $3,263,096 4.4%
Professional fundraising fees $277,655 0.4%
Other salaries and wages $21,043,084 28.2%
Other
Total Assets $59,258,500
Total Liabilities $50,095,127
Net Assets $9,163,373
Fiscal year ending

Dec. 2012

Fiscal year ending Dec.

2012

PDF

990

Raw XML

990

Total Revenue

$69,045,061

Total Functional Expenses $70,575,739
Net income -$1,530,678
Notable sources of revenue Percent of total revenue
Contributions $68,638,303 99.4%
Program services $2,823 0.0%
Investment income $87,963 0.1%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $85,888 0.1%
Net inventory sales $0
Other revenue $230,084 0.3%
Notable expenses Percent of total expenses
Executive compensation $2,340,649 3.3%
Professional fundraising fees $967,119 1.4%
Other salaries and wages $20,246,651 28.7%
Other
Total Assets $57,256,143
Total Liabilities $53,504,610
Net Assets $3,751,533
Fiscal year ending

Dec. 2011

Fiscal year ending Dec.

2011

PDF

990

Raw XML

990

Total Revenue

$55,968,254

Total Functional Expenses $60,697,829
Net income -$4,729,575
Notable sources of revenue Percent of total revenue
Contributions $55,744,636 99.6%
Program services $8,767 0.0%
Investment income $102,748 0.2%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising -$89,542
Sales of assets -$195
Net inventory sales $0
Other revenue $201,840 0.4%
Notable expenses Percent of total expenses
Executive compensation $2,631,751 4.3%
Professional fundraising fees $108,250 0.2%
Other salaries and wages $17,477,443 28.8%
Other
Total Assets $47,744,610
Total Liabilities $42,396,091
Net Assets $5,348,519
Fiscal year ending

Dec. 2010

Fiscal year ending Dec.

2010

PDF

990

Raw XML

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2009

Fiscal year ending Dec.

2009

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2008

Fiscal year ending Dec.

2008

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2007

Fiscal year ending Dec.

2007

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2006

Fiscal year ending Dec.

2006

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2005

Fiscal year ending Dec.

2005

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2004

Fiscal year ending Dec.

2004

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2003

Fiscal year ending Dec.

2003

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2002

Fiscal year ending Dec.

2002

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2001

Fiscal year ending Dec.

2001

PDF

990

Form 990 documents available

Extracted filing data is not available for this tax period, but Form 990 documents are available for download.


Last Updated: 2020-11-23 08:21