Civic Intelligence

West Africa Rice Development Association

990 • Fiscal year 2020 • EIN 31-1602376

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 08, 2021

Boulevard Francois Mitterand 01Abidjan, Abidjan 00000Iv

(272) 248-0910

Siviq Scores

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

Liabilities / Assets

88th percentile

0.85x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

86th percentile

1.96x

Higher debt load relative to revenue than 86% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

19th percentile

-8.3%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

70th percentile

$347,014

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

Up

$28,144,805

Up $4,691,391 (+20%) from 2016

Net Assets

Down

$4,325,653

Down $4,123,990 (-49%) from 2016

Liabilities

Up

$23,819,152

Up $8,815,381 (+59%) from 2016

Revenue

Down

$12,149,869

Down $12,361,070 (-50%) from 2016

Expenses

Down

$13,163,280

Down $13,589,863 (-51%) from 2016

Net Income

Up

-$1,013,411

Up $1,228,793 (+55%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $17,280,914Liabilities 2010: $6,482,590Net Assets 2010: $10,798,3242010Assets 2011: $19,987,916Liabilities 2011: $7,998,860Net Assets 2011: $11,989,0562011Assets 2012: $20,336,213Liabilities 2012: $7,797,846Net Assets 2012: $12,538,3672012Assets 2013: $25,217,713Liabilities 2013: $12,102,356Net Assets 2013: $13,115,3572013Assets 2014: $23,147,515Liabilities 2014: $9,988,362Net Assets 2014: $13,159,1532014Assets 2015: $26,153,075Liabilities 2015: $15,461,584Net Assets 2015: $10,691,4912015Assets 2016: $23,453,414Liabilities 2016: $15,003,771Net Assets 2016: $8,449,6432016Assets 2020: $28,144,805Liabilities 2020: $23,819,152Net Assets 2020: $4,325,6532020Assets 2021: $23,999,248Liabilities 2021: $19,142,334Net Assets 2021: $4,856,9142021Assets 2022: $24,130,802Liabilities 2022: $18,407,136Net Assets 2022: $5,723,6662022Assets 2023: $22,785,065Liabilities 2023: $16,739,509Net Assets 2023: $6,045,5562023Assets 2024: $41,690,637Liabilities 2024: $35,353,697Net Assets 2024: $6,336,9402024

Highlighted filing

2020

Assets$28,144,805
Liabilities$23,819,152
Net Assets$4,325,653

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $21,500,6862010Expenses 2011: $23,356,8282011Expenses 2012: $24,135,0712012Revenue 2013: $33,960,897Expenses 2013: $33,383,907Net Income 2013: $576,9902013Revenue 2014: $31,543,972Expenses 2014: $31,500,175Net Income 2014: $43,7972014Revenue 2015: $23,081,306Expenses 2015: $25,548,968Net Income 2015: -$2,467,6622015Revenue 2016: $24,510,939Expenses 2016: $26,753,143Net Income 2016: -$2,242,2042016Revenue 2020: $12,149,869Expenses 2020: $13,163,280Net Income 2020: -$1,013,4112020Revenue 2021: $19,439,683Expenses 2021: $18,908,423Net Income 2021: $531,2602021Revenue 2022: $21,483,948Expenses 2022: $20,617,196Net Income 2022: $866,7522022Revenue 2023: $15,187,047Expenses 2023: $14,865,157Net Income 2023: $321,8902023Revenue 2024: $18,218,753Expenses 2024: $17,927,369Net Income 2024: $291,3842024

Highlighted filing

2020

Revenue$12,149,869
Expenses$13,163,280
Net Income-$1,013,411
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 8, 2021
Return Version
2020v4.0
Gross Receipts
$12,149,869
Mission and Program Overview

Mission

To contribute to food security and poverty eradication in poor, rural, and urban populations, particularly in west, central, east and north africa, through research, partnerships, capacity strengthening and policy support on rice based systems, and in ways that promote sustainable agricultural development based on environmentally sound management of natural resources.

To contribute to food security and poverty eradication in poor, rural, and urban populations, particularly in West and Central Africa, through research, partnerships, capacity strengthening and policy support on rice based systems, and in ways that promote sustainable agricultural development based on environmentally sound management of natural resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,454,942$13,281,241▲ $7,826,299
Pledges and Grants Receivable$5,537,233$5,237,822▼ $299,411
Rtn Earn Endowment Incm Other Fnds$5,339,064$4,325,653▼ $1,013,411
Accounts Receivable$4,592,010$4,270,126▼ $321,884
Land, Buildings, and Equipment, Net$3,079,956$2,966,022▼ $113,934
Prepaid Expenses and Deferred Charges$2,022,959$2,212,196▲ $189,237
Inventories for Sale or Use$202,319$177,398▼ $24,921
Intangible Assets$84,288$0▼ $84,288
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$20,973,707$28,144,805▲ $7,171,098
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$7,215,080$15,707,334▲ $8,492,254
Accounts Payable and Accrued Expenses$7,551,348$7,037,697▼ $513,651
Grants Payable$868,215$1,074,121▲ $205,906
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$15,634,643$23,819,152▲ $8,184,509
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,339,064$4,325,653▼ $1,013,411
Total Liabilities and Net Assets / Fund Balance$20,973,707$28,144,805▲ $7,171,098

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$632,582$6,613,320$7,245,902
Other Land Buildings$1,060,093$5,142,077$6,202,170
Buildings$1,270,347$1,780,705$3,051,052
Land$3,000-$3,000
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROY-MACAULEY HaroldDirector GeneralFT$200,000$147,014$347,014
OLATIFEDE Kolade OladimejiDirector of Finance and Corporate ServicesFT$145,000$87,977$232,977
DUVEILLER Etienne Marie JDirector for Research and DevelopmentFT$156,000$75,148$231,148
NDIOUR BELLA NafissatouDirector of Strategic Business InitativesFT$114,000$79,708$193,708
NWALOZIE MarcellusSpecial Advisor to he DG-Secetary to the BoardFT$103,020$74,131$177,151
SANYANG SidiProgram LeadFT$91,896$84,206$176,102
NWILENE FrancisRegional Rrpresentative - NigeriaFT$99,263$65,988$165,251
FUTAKUCHI KoichiProgram LeadFT$95,445$65,224$160,669
AWASTHI Sunil kumarHead of AcccountingFT$76,300$81,867$158,167
NDJIONDJOP MarieNoelleGenetic Diversity and Improvement ProgramFT$87,264$58,098$145,362
ZHAO DuleLeader Genetic Diversity and ImprovementFT$90,000$50,726$140,726
SAITO KazukiRice AgronomistFT$71,660$54,262$125,922
MANNEH BaboucarrProgram LeadFT$71,660$52,237$123,897
KRAMER LEBLANC CarolBoard Chair-$10,575$3,914$14,489
MACNEIL GordonBoard Member-$2,800$3,353$6,153
RAZAFINJARA LalaBoard Member-$5,775-$5,775
GOVERNEY DavidBoard Member-$4,813-$4,813
THOYER SophieBoard Member-$4,813-$4,813
COMLAN AgbobliBoard Member-$4,725-$4,725
ELEMO GloriaBoard Member-$4,725-$4,725
IDRO PhilipBoard Member-$4,725-$4,725
Kati CoulibalyBoard Member-$4,550$85$4,635
NWANZE KanayoBoard Member-$3,675-$3,675
ACRAY ZENGBE PetronilleBoard Member-$3,325-$3,325
BARHI AkissaBoard Member-$1,400-$1,400
Revenue and Support

Revenue Composition

Contributions and Grants
$12,049,223
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$100,646
All Other Contributions
$11,920,605
Change in Net Assets
$-1,013,411

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,149,869
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$12,149,869
Total Revenue per Form 990
$12,149,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,325,025
Salaries, Compensation, and Employee Benefits$5,617,733
Grants and Similar Amounts Paid$1,220,522
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,783,590$623,813$0$3,407,403
All Other Expenses$4,259,703$-1,544,887$0$2,714,816
Current Officers, Directors, Trustees, and Key Employees$777,244$1,076,520$0$1,853,764
Foreign Grants$1,220,522--$1,220,522
Fees for Services Other$869,197$126,347$0$995,544
Information Technology$325,120$132,704$0$457,824
Fees for Services Legal$446,523$366$0$446,889
Travel$353,735$44,804$0$398,539
Pension Plan Contributions$246,278$110,288$0$356,566
Depreciation Depletion$0$349,917$0$349,917
Office Expenses$191,091$23,462$0$214,553
Conferences and Meetings$187,757$1,984$0$189,741
Other Expenses$59,199$121,196$0$180,395
Fees for Services Accounting$13,761$62,860$0$76,621
Occupancy$57,549$-16,722$0$40,827
Insurance$28,565$10,313$0$38,878
Total Functional Expenses$11,920,605$1,242,675$0$13,163,280

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,163,280
Total Expenses per Audited Statements$13,163,280
Total Expenses per Form 990$13,163,280
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

International Summary

Offices
27
Employees
0
Spending
$1,220,522

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan Africa--25-$1,196,480
Europe (including Iceland and Greenland)--2-$24,042
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

AfricaRice is an autonomous inter-governmental research association of 28 African Member States, established in 1971 with a mission to contribute to poverty alleviation and food security through research, development and partnership activities aimed at increasing the productivity and profitability of the rice sector in ways that ensure the sustainability of the farming environment.

Form 990, Part VI, Section B, Line 11B

Form 990 is prepared by the Planning and budget department, headed by a finance professional. Figures and data are crossed checked with different units such as accounting, human resources and research group. Completed forms are submitted to the Director of Finance and Corporate Services for verification and clearance. The cleared document is shared with the executive management team, which includes the Chief Executive Officer as Chair for review and input. Audit Finance Risk Committee focal point reviews the documents in consultation with the Board chair. After the input, the Director of Finance signs and submits the forms.

Form 990, Part VI, Section B, Line 12C

There is a Conflict of Interest Review committee which has the responsibility to advise the Director General on all matters related to actual or potential conflict of interest in the institute. This includes; - making recommendations on disclosed cases of actual or potential conflicts of interest - monitoring the implementation of the recommendations as approved by the Director General - Investigating reported or alleged cases of undisclosed conflicts of interest and make appropriate recommendations to the Director General - Preparing a regular report to the Board on its activities - Recommending changes to the present policy - Maintaining appropriate records of all its deliberations and decisions. The committee meets on a needs basis on the claims submitted and the it may need internal or external expertise during deliberations. The committee will review and make recommendations to the Director General and once approved by the Director General then the decision is communicated to the staff.

Form 990, Part VI, Section B, Line 15

The Director Generals performance evaluation is conducted by the Board annually. Based on performance, availability of funds and comparative salary of other sister institutions the Board may decide and fix increase or adjustment to the executive salary.

Form 990, Part VI, Section C, Line 19

All policies, governing documents and audited financial statements are available to the public on the AfricaRice website as well as the CGIAR website.

Filing and Contact Details

Filer

Filer Name
West Africa Rice Development Association
EIN
31-1602376
Phone
2722480910
Address
IV
Doing Business As
Africa Rice Center (AfricaRice)

Signing Officer

Name
Kolade Olatifede
Title
Director of Finance and Corporate
Phone
2722480910
Signed
2021-12-08

Organization Details

Principal Officer
Kolade Olatifede
Formed
1971
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Includes: cleaning, cleaning supplies, catering, board of trustees expenses, books and subscriptions, gardening, hospitality, membership fees, postage, printing, fertilizers, generator fuel, recruitment fees, lab supplies, training, temporary workers, telephones. Institutional indirect cost recovery.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt133914
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt143353
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/PersonNm0ROY-MACAULEY Harold
IRS990/Form990PartVIISectionAGrp/PersonNm1OLATIFEDE Kolade Oladimeji
IRS990/Form990PartVIISectionAGrp/PersonNm2DUVEILLER Etienne Marie J
IRS990/Form990PartVIISectionAGrp/PersonNm3NDIOUR BELLA Nafissatou
IRS990/Form990PartVIISectionAGrp/PersonNm4NWALOZIE Marcellus
IRS990/Form990PartVIISectionAGrp/PersonNm5NWILENE Francis
IRS990/Form990PartVIISectionAGrp/PersonNm6SANYANG Sidi
IRS990/Form990PartVIISectionAGrp/PersonNm7FUTAKUCHI Koichi
IRS990/Form990PartVIISectionAGrp/PersonNm8AWASTHI Sunil kumar
IRS990/Form990PartVIISectionAGrp/PersonNm9NDJIONDJOP MarieNoelle
IRS990/Form990PartVIISectionAGrp/PersonNm10ZHAO Dule
IRS990/Form990PartVIISectionAGrp/PersonNm11SAITO Kazuki
IRS990/Form990PartVIISectionAGrp/PersonNm12MANNEH Baboucarr
IRS990/Form990PartVIISectionAGrp/PersonNm13KRAMER LEBLANC Carol
IRS990/Form990PartVIISectionAGrp/PersonNm14MACNEIL Gordon
IRS990/Form990PartVIISectionAGrp/PersonNm15RAZAFINJARA Lala
IRS990/Form990PartVIISectionAGrp/PersonNm16GOVERNEY David
IRS990/Form990PartVIISectionAGrp/PersonNm17THOYER Sophie
IRS990/Form990PartVIISectionAGrp/PersonNm18COMLAN Agbobli
IRS990/Form990PartVIISectionAGrp/PersonNm19ELEMO Gloria
IRS990/Form990PartVIISectionAGrp/PersonNm20IDRO Philip
IRS990/Form990PartVIISectionAGrp/PersonNm21KATI COULIBALY
IRS990/Form990PartVIISectionAGrp/PersonNm22NWANZE Kanayo
IRS990/Form990PartVIISectionAGrp/PersonNm23ACRAY ZENGBE Petronille
IRS990/Form990PartVIISectionAGrp/PersonNm24BARHI Akissa
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director General
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director of Finance and Corporate Services
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director for Research and Development
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director of Strategic Business Initatives
IRS990/Form990PartVIISectionAGrp/TitleTxt4Special Advisor to he DG-Secetary to the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt5Regional Rrpresentative - Nigeria
IRS990/Form990PartVIISectionAGrp/TitleTxt6Program Lead
IRS990/Form990PartVIISectionAGrp/TitleTxt7Program Lead
IRS990/Form990PartVIISectionAGrp/TitleTxt8Head of Acccounting
IRS990/Form990PartVIISectionAGrp/TitleTxt9Genetic Diversity and Improvement Program
IRS990/Form990PartVIISectionAGrp/TitleTxt10Leader Genetic Diversity and Improvement
IRS990/Form990PartVIISectionAGrp/TitleTxt11Rice Agronomist
IRS990/Form990PartVIISectionAGrp/TitleTxt12Program Lead
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt24Board Member
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