Civic Intelligence

Indego Africa Project

990 • Fiscal year 2012 • EIN 20-5874831

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 15, 2013

51 West 52nd Street Suite 230010019
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.12x

Higher debt load relative to assets than 79% of similar nonprofits.

2012 filings • NTEE Q • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

40th percentile

-9.7%

Faster asset growth than 40% of similar nonprofits.

2012 filings • NTEE Q • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$215,848

Down $23,211 (-9.7%) from 2011

Net Assets

Down

$190,290

Down $48,026 (-20%) from 2011

Liabilities

Up

$25,558

Up $24,815 (+3340%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$379,257

Up $119,510 (+46%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $156,963Liabilities 2010: $10,009Net Assets 2010: $146,9542010Assets 2011: $239,059Liabilities 2011: $743Net Assets 2011: $238,3162011Assets 2012: $215,848Liabilities 2012: $25,558Net Assets 2012: $190,2902012Assets 2013: $128,200Liabilities 2013: $20,812Net Assets 2013: $107,3882013Assets 2014: $258,356Liabilities 2014: $116,811Net Assets 2014: $141,5452014Assets 2015: $389,230Liabilities 2015: $54,200Net Assets 2015: $335,0302015Assets 2016: $378,510Liabilities 2016: $42,503Net Assets 2016: $336,0072016Assets 2017: $215,283Liabilities 2017: $36,636Net Assets 2017: $178,6472017Assets 2018: $187,528Liabilities 2018: $24,461Net Assets 2018: $163,0672018Assets 2019: $199,508Liabilities 2019: $71,551Net Assets 2019: $127,9572019Assets 2020: $244,541Liabilities 2020: $92,281Net Assets 2020: $152,2602020Assets 2021: $236,777Liabilities 2021: $94,154Net Assets 2021: $142,6232021Assets 2022: $306,064Liabilities 2022: $95,355Net Assets 2022: $210,7092022Assets 2023: $232,537Liabilities 2023: $76,753Net Assets 2023: $155,7842023Assets 2024: $388,495Liabilities 2024: $186,341Net Assets 2024: $202,1542024

Highlighted filing

2012

Assets$215,848
Liabilities$25,558
Net Assets$190,290

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $119,8372010Expenses 2011: $259,7472011Expenses 2012: $379,2572012Revenue 2013: $369,931Expenses 2013: $443,850Net Income 2013: -$73,9192013Revenue 2014: $406,868Expenses 2014: $371,722Net Income 2014: $35,1462014Revenue 2015: $646,547Expenses 2015: $452,566Net Income 2015: $193,9812015Revenue 2016: $647,710Expenses 2016: $648,726Net Income 2016: -$1,0162016Revenue 2017: $433,081Expenses 2017: $589,277Net Income 2017: -$156,1962017Revenue 2018: $519,257Expenses 2018: $529,108Net Income 2018: -$9,8512018Revenue 2019: $521,353Expenses 2019: $551,442Net Income 2019: -$30,0892019Revenue 2020: $501,507Expenses 2020: $473,865Net Income 2020: $27,6422020Revenue 2021: $499,370Expenses 2021: $505,366Net Income 2021: -$5,9962021Revenue 2022: $616,422Expenses 2022: $547,208Net Income 2022: $69,2142022Revenue 2023: $502,791Expenses 2023: $553,096Net Income 2023: -$50,3052023Revenue 2024: $779,402Expenses 2024: $726,853Net Income 2024: $52,5492024

Highlighted filing

2012

Revenue-
Expenses$379,257
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 15, 2013
Return Version
2012v2.1
Gross Receipts
$457,913
Mission and Program Overview

Mission

Indego africa project, a non-profit organization, has been propelling the creation, growth, and sustainability of women-owned businesses in africa since 2007, providing employment through a global market for their handmade products and investing in their education. Over 2,000 artisans have partnered with indego africa since its inception. What began as a model to empower and educate women in post-genocide rwanda, has grown into a commitment to help women, youth, and refugees across africa become successful entrepreneurs.

Major Activities

Activity 2
Market access program: as a second core component of its economic empowerment model for african women entrepreneurs, indego africa connects for-profit cooperatives of women artisans (more than 400) in rwanda with export markets. Indego africa partners with such cooperatives on a fair trade basis and sells their handmade accessories and home decor products on its e-commerce site and to u.s. Brands and retail chains. Revenue from product sales generates income to enable indego africa's artisan partners - many of whom cope with hiv/aids, have little formal education, care for several children, and are the sole providers in their households - to meet their families' critical needs. Indego africa applies 100% of any profits from product sales to fund the hand up training program (see above). Through their partnership with indego africa, artisan women have experienced dramatic improvements in their lives, including increased income, greater food security, higher percentage of children in school, better housing conditions, and more bank accounts. The $103,076 in product sales revenue is net of cost of goods sold of $117,111.
Filing and Contact Details

Filer

EIN
20-5874831
Raw XML AppendixShowing 400 of 502 raw XML fields

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IRS990/Activity2/Description0MARKET ACCESS PROGRAM: AS A SECOND CORE COMPONENT OF ITS ECONOMIC EMPOWERMENT MODEL FOR AFRICAN WOMEN ENTREPRENEURS, INDEGO AFRICA CONNECTS FOR-PROFIT COOPERATIVES OF WOMEN ARTISANS (MORE THAN 400) IN RWANDA WITH EXPORT MARKETS. INDEGO AFRICA PARTNERS WITH SUCH COOPERATIVES ON A FAIR TRADE BASIS AND SELLS THEIR HANDMADE ACCESSORIES AND HOME DECOR PRODUCTS ON ITS E-COMMERCE SITE AND TO U.S. BRANDS AND RETAIL CHAINS. REVENUE FROM PRODUCT SALES GENERATES INCOME TO ENABLE INDEGO AFRICA'S ARTISAN PARTNERS - MANY OF WHOM COPE WITH HIV/AIDS, HAVE LITTLE FORMAL EDUCATION, CARE FOR SEVERAL CHILDREN, AND ARE THE SOLE PROVIDERS IN THEIR HOUSEHOLDS - TO MEET THEIR FAMILIES' CRITICAL NEEDS. INDEGO AFRICA APPLIES 100% OF ANY PROFITS FROM PRODUCT SALES TO FUND THE HAND UP TRAINING PROGRAM (SEE ABOVE). THROUGH THEIR PARTNERSHIP WITH INDEGO AFRICA, ARTISAN WOMEN HAVE EXPERIENCED DRAMATIC IMPROVEMENTS IN THEIR LIVES, INCLUDING INCREASED INCOME, GREATER FOOD SECURITY, HIGHER PERCENTAGE OF CHILDREN IN SCHOOL, BETTER HOUSING CONDITIONS, AND MORE BANK ACCOUNTS. THE $103,076 IN PRODUCT SALES REVENUE IS NET OF COST OF GOODS SOLD OF $117,111.
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IRS990/Description0HAND UP TRAINING PROGRAM: CAPACITY-BUILDING TRAINING AT PARTNER COOPERATIVES IS THE FIRST CORE COMPONENT OF INDEGO AFRICA'S ECONOMIC EMPOWERMENT MODEL FOR AFRICAN WOMEN ENTREPRENEURS. INDEGO AFRICA APPLIES PROCEEDS FROM FOUNDATION GRANTS, INDIVIDUAL DONATIONS, AND FUNDRAISER REVENUES, AS WELL AS 100% OF ANY PROFITS FROM PRODUCT SALES (SEE BELOW), TO FUND BUSINESS SKILLS AND TRAINING PROGRAMS IN FINANCIAL MANAGEMENT, ENTREPRENEURSHIP, ENGLISH AND KINYARWANDA LITERACY, AND COMPUTERS. TRAINING OCCURS ON A WEEKLY OR SEMI-WEEKLY BASIS AT PARTNER COOPERATIVES USING CULTURALLY-TAILORED CURRICULA DEVELOPED BY INDEGO AFRICA. THROUGH A PARTNERSHIP WITH ANOTHER NGO, GENERATION RWANDA, INDEGO AFRICA PROVIDES INTERNSHIP AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES AS HAND UP TRAINING PROGRAM TRAINERS TO 10 TO 15 HIGH-PERFORMING LOCAL RWANDAN UNIVERSITY STUDENTS FROM SOCIALLY-VULNERABLE BACKGROUNDS. AS PART OF THE HAND UP TRAINING PROGRAM, INDEGO AFRICA ALSO MAKES GRANTS TO PARTNER COOPERATIVES INTENDED TO COVER THE COSTS OF EQUIPMENT, FACILITIES, AND CERTAIN OTHER CAPITAL NEEDS. THE HAND UP TRAINING PROGRAM OPENS EDUCATIONAL PATHWAYS FOR ECONOMIC SELF-SUFFICIENCY FOR EACH ARTISAN WOMAN AND FOR INDEPENDENCE AND PROSPERITY FOR EACH PARTNER COOPERATIVE.
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IRS990/MissionDescription0INDEGO AFRICA PROJECT IS A PARTNERSHIP BETWEEN AFRICAN COMMUNITIES AND VOLUNTEERS COMMITTED TO ALLEVIATING POVERTY AND CHRONIC UNEMPLOYMENT IN AFRICA BY PROVIDING RELIABLE INCOME, DEVELOPING JOB SKILLS, AND AFFORDING ACCESS TO EXPORT MARKETS, WITH THE GOAL OF CREATING AND SUPPORTING BUSINESSES.
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Equipment/BookValue012534
IRS990ScheduleD/Equipment/Depreciation01393
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis013927
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal0379257
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2012. THE ORGANIZATIONS EXEMPT FROM FEDERAL TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2009.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1CURRENCY EXCHANGE GAIN & LOSS
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/NetUnrealizedGainsInvestments0649
IRS990ScheduleD/OtherRevenuesNotIncluded01196
IRS990ScheduleD/RevenueNotRptdF9900649
IRS990ScheduleD/RevenueNotRptdOnFinStmt01196
IRS990ScheduleD/RevenueSubtotal0330582
IRS990ScheduleD/TotalExpensesPerForm9900379257
IRS990ScheduleD/TotalOfBookValueLandBuildings012534
IRS990ScheduleD/TotalRevenuePerForm9900331778
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0379257
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0331231
IRS990ScheduleF/AcctsActvsOutUSTable/NumberOfEmployees07
IRS990ScheduleF/AcctsActvsOutUSTable/NumberOfOffices01
IRS990ScheduleF/AcctsActvsOutUSTable/Region0RWANDA
IRS990ScheduleF/AcctsActvsOutUSTable/SpecificServicesProvided0TRAINING AND MARKET ACCESS
IRS990ScheduleF/AcctsActvsOutUSTable/TotalExpenditures0230371
IRS990ScheduleF/AcctsActvsOutUSTable/TypeOfActivitiesConducted0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountries00
IRS990ScheduleF/ContAmountSpent00
IRS990ScheduleF/ContNumberOfEmployees00
IRS990ScheduleF/ContNumberOfOffices00
IRS990ScheduleF/ForeignPartnership00
IRS990ScheduleF/InterestInForeignTrust00
IRS990ScheduleF/OwnForeignCorp01
IRS990ScheduleF/PassiveForeignInvestCo00
IRS990ScheduleF/SubtotalAmountSpent0230371
IRS990ScheduleF/SubtotalNumberOfEmployees07
IRS990ScheduleF/SubtotalNumberOfOffices01
IRS990ScheduleF/TotalAmountSpent0230371
IRS990ScheduleF/TotalNumberOfEmployees07
IRS990ScheduleF/TotalNumberOfOffices01
IRS990ScheduleF/TransferToForeignCorp00
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents09024
IRS990ScheduleG/EventsInformation/FoodAndBeverageEvent106189
IRS990ScheduleG/EventsInformation/FoodAndBeverageTotalEvents06189
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent1014513
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal014513
IRS990ScheduleG/EventsInformation/GrossRevenueEvent1014513
IRS990ScheduleG/EventsInformation/GrossRevenueTotalEvents014513
IRS990ScheduleG/EventsInformation/NameOfEvent10NEW YORK
IRS990ScheduleG/EventsInformation/NetIncomeSummary05489
IRS990ScheduleG/EventsInformation/RentFacilityCostsEvent102835
IRS990ScheduleG/EventsInformation/RentFacilityCostsTotalEvents02835
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0MATTHEW MITRO, CHAIRMAN OF THE BOARD OF DIRECTORS, IS THE SON OF THOMAS MITRO, MEMBER OF THE BOARD OF DIRECTORS. MATT MITRO AND THOMAS MITRO WERE ELECTED BY A VOTE OF THE FULLY-INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation1INDEGO AFRICA HAS REGIONAL BOARDS LOCATED IN WASHINGTON DC, NEW YORK CITY, CHICAGO, LOS ANGELES, BOSTON, MILWAUKEE AND SAN FRANCISCO. EACH REGIONAL BOARD IS COMPOSED OF PROFESSIONALS WHO SUPPORT THE MISSION OF INDEGO AFRICA. EACH REGIONAL BOARD IS INDEPENDENT OF INDEGO AFRICA (THUS TECHNICALLY AN AFFILIATE AND NOT A BRANCH OR CHAPTER) AND HAS ITS OWN CHARTER, WHICH MANDATES THAT ITS OPERATIONS ARE CONSISTENT WITH INDEGO AFRICA'S OPERATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation2DRAFT VERSIONS OF THE FORM 990 AND ALL UNDERLYING FINANCIAL STATEMENTS HAVE BEEN PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING THE FORM 990 WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation3IN ACCORDANCE WITH ITS CONFLICTS OF INTEREST POLICY, THE ORGANIZATION SURVEYS ALL MEMBERS OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS AS TO ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/GeneralExplanation/Explanation4THE DETERMINATION OF THE CEO'S SALARY WAS CARRIED OUT BY A QUORUM OF FULLY-INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. IN ADDITION, A DETAILED STUDY AND ANALYSIS OF COMPENSATION FOR CEOS OF SIMILAR EXPERIENCE WORKING FOR ORGANIZATIONS OF A SIMILAR SIZE AND MISSION WAS UNDERTAKEN. THE DECISION AND THE PROCESS UNDERLYING IT WAS CERTIFIED BY A RESOLUTION OF THE FULLY-INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, ACCOMPANIED BY MINUTES DOCUMENTING THE DELIBERATION AND DISCUSSION.
IRS990ScheduleO/GeneralExplanation/Explanation5ALL INTERNAL POLICIES, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND PUBLIC FILINGS OF THE ORGANIZATION ARE DISCLOSED TO THE PUBLIC ON INDEGO AFRICA'S WEBSITE, AVAILABLE AT WWW.INDEGOAFRICA.ORG/FINANCE-AND-GOVERNANCE.
IRS990ScheduleO/GeneralExplanation/Explanation6CURRENCY EXCHANGE GAIN & LOSS -1,196.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.88$1.86$2.02$7.79$7.27$0.53
2023Detailed filing. Detailed filing data is available for this year.$2.33$0.77$1.56$5.03$5.53$0.50
2022Detailed filing. Detailed filing data is available for this year.$3.06$0.95$2.11$6.16$5.47$0.69
2021Detailed filing. Detailed filing data is available for this year.$2.37$0.94$1.43$4.99$5.05$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.45$0.92$1.52$5.02$4.74$0.28
2019Detailed filing. Detailed filing data is available for this year.$2.00$0.72$1.28$5.21$5.51$0.30
2018Detailed filing. Detailed filing data is available for this year.$1.88$0.24$1.63$5.19$5.29$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.15$0.37$1.79$4.33$5.89$1.56
2016Detailed filing. Detailed filing data is available for this year.$3.79$0.43$3.36$6.48$6.49$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.89$0.54$3.35$6.47$4.53$1.94
2014Detailed filing. Detailed filing data is available for this year.$2.58$1.17$1.42$4.07$3.72$0.35
2013Detailed filing. Detailed filing data is available for this year.$1.28$0.21$1.07$3.70$4.44$0.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.26$1.90$3.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.01$2.38$2.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.10$1.47$1.20