Civic Intelligence

African Economic Research Consortium

EIN 52-1580447 • 501(c)3 • Nairobi, KE

Profile

To promote economic and social development in sub-saharan african countries by encouraging & supporting economic research pertinent to the region

PO 62882NairobiKe

www.aercafrica.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

39th percentile

0.12x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

60th percentile

0.41x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

79th percentile

25%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

3.4%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

65th percentile

14%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$29,254,761

Up $948,511 (+3.4%) from 2024

Liabilities

Down

$3,524,401

Down $1,639,827 (-32%) from 2024

Net Assets

Up

$25,730,360

Up $2,588,338 (+11%) from 2024

Operations
Liabilities / Revenue60th percentileNet Margin79th percentile

Revenue

Up

$8,554,150

Up $1,047,894 (+14%) from 2024

Expenses

Down

$6,415,705

Down $3,270,581 (-34%) from 2024

Net Income

Up

$2,138,445

Up $4,318,475 (+198%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$20M$0-$20M-$40MAssets 2012: $23,945,272Liabilities 2012: $4,283,386Net Assets 2012: $19,661,8862012Assets 2013: $28,827,282Liabilities 2013: $4,630,385Net Assets 2013: $24,196,8972013Assets 2014: $24,700,672Liabilities 2014: $4,261,160Net Assets 2014: -$21,560,4882014Assets 2015: $25,715,424Liabilities 2015: $4,517,941Net Assets 2015: $21,197,4832015Assets 2016: $24,480,588Liabilities 2016: $4,083,221Net Assets 2016: $20,397,3672016Assets 2017: $27,081,953Liabilities 2017: $2,841,088Net Assets 2017: $24,240,8652017Assets 2018: $28,054,863Liabilities 2018: $3,106,982Net Assets 2018: $24,947,8812018Assets 2019: $26,499,000Liabilities 2019: $2,783,155Net Assets 2019: $23,715,8452019Assets 2020: $26,745,237Liabilities 2020: $2,670,195Net Assets 2020: $24,075,0422020Assets 2021: $30,110,050Liabilities 2021: $3,470,692Net Assets 2021: $26,639,3582021Assets 2022: $31,533,538Liabilities 2022: $5,118,735Net Assets 2022: $26,414,8032022Assets 2023: $29,788,458Liabilities 2023: $4,855,753Net Assets 2023: $24,932,7052023Assets 2024: $28,306,250Liabilities 2024: $5,164,228Net Assets 2024: $23,142,0222024Assets 2025: $29,254,761Liabilities 2025: $3,524,401Net Assets 2025: $25,730,3602025

Highlighted filing

2025

Assets$29,254,761
Liabilities$3,524,401
Net Assets$25,730,360
Open 2025 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MRevenue 2012: $15,630,071Expenses 2012: $13,608,349Net Income 2012: $2,021,7222012Revenue 2013: $18,463,327Expenses 2013: $13,918,645Net Income 2013: $4,544,6822013Revenue 2014: $8,935,470Expenses 2014: $12,690,731Net Income 2014: -$3,755,2612014Revenue 2015: $12,961,823Expenses 2015: $12,467,428Net Income 2015: $494,3952015Revenue 2016: $11,077,440Expenses 2016: $12,052,333Net Income 2016: -$974,8932016Revenue 2017: $14,703,169Expenses 2017: $11,134,143Net Income 2017: $3,569,0262017Revenue 2018: $13,887,099Expenses 2018: $12,970,212Net Income 2018: $916,8872018Revenue 2019: $10,941,267Expenses 2019: $12,237,167Net Income 2019: -$1,295,9002019Revenue 2020: $12,333,084Expenses 2020: $11,933,071Net Income 2020: $400,0132020Revenue 2021: $9,007,243Expenses 2021: $7,543,887Net Income 2021: $1,463,3562021Revenue 2022: $9,406,406Expenses 2022: $9,352,402Net Income 2022: $54,0042022Revenue 2023: $8,509,063Expenses 2023: $9,348,900Net Income 2023: -$839,8372023Revenue 2024: $7,506,256Expenses 2024: $9,686,286Net Income 2024: -$2,180,0302024Revenue 2025: $8,554,150Expenses 2025: $6,415,705Net Income 2025: $2,138,4452025

Highlighted filing

2025

Revenue$8,554,150
Expenses$6,415,705
Net Income$2,138,445
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,254,761
Liabilities
$3,524,401
Net assets
$25,730,360
Revenue
$8,554,150
Expenses
$6,415,705
Net income
$2,138,445
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$29.3$3.52$25.7$8.55$6.42$2.14
2024Detailed filing. Detailed filing data is available for this year.$28.3$5.16$23.1$7.51$9.69$2.18
2023Detailed filing. Detailed filing data is available for this year.$29.8$4.86$24.9$8.51$9.35$0.84
2022Detailed filing. Detailed filing data is available for this year.$31.5$5.12$26.4$9.41$9.35$0.05
2021Detailed filing. Detailed filing data is available for this year.$30.1$3.47$26.6$9.01$7.54$1.46
2020Detailed filing. Detailed filing data is available for this year.$26.7$2.67$24.1$12.3$11.9$0.40
2019Detailed filing. Detailed filing data is available for this year.$26.5$2.78$23.7$10.9$12.2$1.30
2018Detailed filing. Detailed filing data is available for this year.$28.1$3.11$24.9$13.9$13.0$0.92
2017Summary only. Only limited summary data is available for this year.$27.1$2.84$24.2$14.7$11.1$3.57
2016Summary only. Only limited summary data is available for this year.$24.5$4.08$20.4$11.1$12.1$0.97
2015Summary only. Only limited summary data is available for this year.$25.7$4.52$21.2$13.0$12.5$0.49
2014Summary only. Only limited summary data is available for this year.$24.7$4.26$21.6$8.94$12.7$3.76
2013Summary only. Only limited summary data is available for this year.$28.8$4.63$24.2$18.5$13.9$4.54
2012Summary only. Only limited summary data is available for this year.$23.9$4.28$19.7$15.6$13.6$2.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 6, 2026
Return Version
2024v5.5
Gross Receipts
$15,409,899
Mission and Program Overview

Mission

To promote economic and social development in sub-saharan african countries by encouraging & supporting economic research pertinent to the region

The aerc is devoted to advanced policy research and training.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,082,120$14,826,777▲ $744,657
Savings and Temporary Cash Investments$11,708,132$11,777,298▲ $69,166
Cash and Non-Interest-Bearing Accounts$2,000,022$2,407,043▲ $407,021
Land, Buildings, and Equipment, Net$132,451$125,243▼ $7,208
Accounts Receivable$117,044$0▼ $117,044
Pledges and Grants Receivable$183,086$66,661▼ $116,425
Prepaid Expenses and Deferred Charges$10,744--
Total Assets$28,306,250$29,254,761▲ $948,511
Other Assets Total$72,651$51,739▼ $20,912
Liabilities
Grants Payable$4,837,983$2,965,607▼ $1,872,376
Accounts Payable and Accrued Expenses$326,245$558,794▲ $232,549
Total Liabilities$5,164,228$3,524,401▼ $1,639,827
Net Assets / Fund Balance
Net Assets With Donor Restrictions$13,977,907$14,500,119▲ $522,212
Net Assets Without Donor Restrictions$9,164,115$11,230,241▲ $2,066,126
Total Net Assets Fund Balance$23,142,022$25,730,360▲ $2,588,338
Total Liabilities and Net Assets / Fund Balance$28,306,250$29,254,761▲ $948,511

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$125,243$1,077,021$1,202,264
Other Land Buildings$0$136,809$136,809

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$13,506,318-▲ $627,612-$14,133,930
2023$12,924,815-▲ $581,503-$13,506,318
2022$13,552,362-▼ $627,547-$12,924,815
2021$12,843,657-▲ $708,705-$13,552,362
2020$11,370,464-▲ $1,594,381-$12,843,657
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victor Murinde Start 52024Executive DirectorFT$153,536$71,510$225,046
Abby KedirDirector of ResearchFT$111,840$61,722$173,562
Senvy MaistryChief Comm. OfficerFT$112,679$40,268$152,947
Mercy Kanyi Thru 524Chief Finance OfficerFT$36,315$8,247$44,562
Lorian Egesa Start 1024Chief Finance OfficerFT$23,764$3,195$26,959

Board Members and Trustees

NameTitle
Ernest AryeeteyChair of the Board
Pramila KrishnanVice-chair of the Board
Andrew DabalenDirector
Benedict Okey OramahDirector
Chris K KiptooDirector
Lesetja KganyagoDirector
Oliver S SaasaDirector
David LyDirector at Large
Marie-claude MartinDirector at Large
Retselisitsoe MatlanyaneDirector at Large
Shantayanan DevarajanDirector at Large
Philipp KrauseSecretary to the Board
Keith JefferisTreasurer to the Board
Revenue and Support

Revenue Composition

Contributions and Grants
$7,259,630
Program Service Revenue
$0
Investment Income
$902,920
Other Revenue
$391,600
All Other Contributions
$1,736,639
Change in Net Assets
$2,138,445

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,406,191
Revenue Not Reported on Financial Statements
$147,959
Revenue Not Reported on Form 990
$449,893
Total Revenue per Audited Statements
$8,856,084
Total Revenue per Form 990
$8,554,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,714,927
Salaries, Compensation, and Employee Benefits$2,135,714
Grants and Similar Amounts Paid$565,064
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,539,142$190,684-$1,729,826
Other Salaries and Wages$670,048$342,090-$1,012,138
Fees for Services Other$668,914$294,301-$963,215
Current Officers, Directors, Trustees, and Key Employees$407,764$208,182-$615,946
Foreign Grants$565,064--$565,064
Office Expenses$371,706$114,586-$486,292
Other Employee Benefits$269,052$137,364-$406,416
Other Expenses$206,391$7,158-$213,549
Fees for Service Investment Mgmnt Fees-$147,959-$147,959
Occupancy$105,716$32,589-$138,305
Pension Plan Contributions$67,005$34,209-$101,214
Depreciation Depletion-$35,781-$35,781
Total Functional Expenses$4,870,802$1,544,903$0$6,415,705

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,415,705
Expenses per Audited Statements$6,267,746
Total Expenses per Audited Statements$6,267,746
Expenses Not Reported on Financial Statements$147,959
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
1
Employees
33
Spending
$6,415,705

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 AfricaAll Activities Are Conducted in Sub-saharan Africa. See Form 990, Pages 2, 10.See Form 990, Page 2.133$6,415,705
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The institutional directors/members are selected to sit on aerc board by their own institutions. Other directors are selected by a nominations committee as by the consortium by-laws section no. 12 and section no. 3”

Form 990, Part VI, Section A, Line 7A

“See explanation for line 6.”

Form 990, Part VI, Section A, Line 7B

“The aerc board meets once in a year in march to deliberate and approve decisions as mandated in the by laws section 1 and 2. Decisions are made by simple majority as stipulated in section 8 of the by laws. The board has appointed the executive committee of the board that meets three times in the year, march, july and november to deliberate and make decisions on issues mandated in the by laws section 11.”

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

“The aerc board and executive board approves the organization's annual report, programme of work and budget in march and audited financial statements in july of every year. Much of the information on these reports is provided in the form 990 which is reviewed internally by management before submission.”

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

“The consortium requires its members and directors to annually complete a conflict of interest compliance form. It also circulates to new members the conflict of interest policy and this is also done through induction process.”

Form 990, Part VI, Section B, Line 15A

“Compensation of the executive director and all senior employees is determined through a compensation survey of similar positions in comparable organizations.”

Form 990, Part VI, Section C, Line 19

“The organization makes available its governing documents, conflict of interest policy and financial statements only upon request. However, the form is made available to some donors who specifically request it for compliance checks.”

Filing and Contact Details

Filer

Filer Name
African Economic Research Consortium
EIN
52-1580447
Phone
4202734150
Address
KE

Signing Officer

Name
Victor Murinde
Title
Executive Director
Signed
2026-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Murinde
Formed
1988
Legal Domicile
De
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Sikich LLC
Address
333 JOHN CARLYLE STREET SUITE 500, ALEXANDRIA, VA 22314
Preparer
Ludmila Rendleman
Phone
7038361350
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted services: program service expenses 668,914. Management and general expenses 294,301. Fundraising expenses 0. Total expenses 963,215.”

Financial Statement Notes

PART V, LINE 4:

“1)the board reserve fund; this fund was set up to cater for consortium's legal and moral obligations to enable orderly winding up of its activities in the event of sudden reduction or cessation of grant funding. The fund may also be used on a loan basis to meet shortages in cash due to delay in disbursements. 2) general endowment fund: - objective and purpose of the fund are directed towards supporting activities of the approved aerc strategy towards maintaining aerc long term sustainability.”

PART X, LINE 2:

“The income of aerc is not liable to taxation in kenya as all its income is derived from external sources. This is in accordance with an agreement between the government of kenya and the consortium dated 17th september 1999 (superseding the earlier agreement dated 8th october 1991). The salaries and allowances of the consortium's non-resident professional and technical staff are also exempted from tax under the same agreement. In the united states of america, aerc is recognized as an organization exempt from income tax under section 501(c)(3) of internal revenue code and has been determined to be a public charity under code section 509(a) and 170(b)(1)(a)(vi). Us gaap requires that financial statements reflect the expected future tax consequences of uncertain tax positions that an entity has taken or expects to take on a tax return, presuming the tax authorities' full knowledge of the position and all relevant facts. Us gaap also requires that an entity recognize the benefit of tax positions when it is more likely than not that the provision will be sustainable based on the merits of the position. Aerc performed a risk assessment of uncertain tax positions for the year ended march 31, 2025 and determined that there were no matters that would require recognition in the financial statements, or which may have any effect on its tax exempt status.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1357150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1435049
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1518728
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt168247
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt173195
IRS990/Form990PartVIISectionAGrp/PersonNm0ERNEST ARYEETEY
IRS990/Form990PartVIISectionAGrp/PersonNm1PRAMILA KRISHNAN
IRS990/Form990PartVIISectionAGrp/PersonNm2KEITH JEFFERIS
IRS990/Form990PartVIISectionAGrp/PersonNm3PHILIPP KRAUSE
IRS990/Form990PartVIISectionAGrp/PersonNm4MARIE-CLAUDE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm5SHANTAYANAN DEVARAJAN
IRS990/Form990PartVIISectionAGrp/PersonNm6RETSELISITSOE MATLANYANE
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID LY
IRS990/Form990PartVIISectionAGrp/PersonNm8OLIVER S SAASA
IRS990/Form990PartVIISectionAGrp/PersonNm9ANDREW DABALEN
IRS990/Form990PartVIISectionAGrp/PersonNm10BENEDICT OKEY ORAMAH
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRIS K KIPTOO
IRS990/Form990PartVIISectionAGrp/PersonNm12LESETJA KGANYAGO
IRS990/Form990PartVIISectionAGrp/PersonNm13VICTOR MURINDE START 52024
IRS990/Form990PartVIISectionAGrp/PersonNm14ABBY KEDIR
IRS990/Form990PartVIISectionAGrp/PersonNm15SENVY MAISTRY
IRS990/Form990PartVIISectionAGrp/PersonNm16MERCY KANYI THRU 524
IRS990/Form990PartVIISectionAGrp/PersonNm17LORIAN EGESA START 1024
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13167896
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14138513
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15134219
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1636315
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1723764
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER TO THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY TO THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF RESEARCH
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF COMM. OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF FINANCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF FINANCE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0149
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt05522991
IRS990/GrantAmt0426156
IRS990/GrantsPayableGrp/BOYAmt04837983
IRS990/GrantsPayableGrp/EOYAmt02965607
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0149
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06855749
IRS990/GrossReceiptsAmt015409899
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0902771
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0902771
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014082120
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014826777
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01213830
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0132451
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0125243
IRS990/LandBldgEquipCostOrOtherBssAmt01339073
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06855749
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE ECONOMIC AND SOCIAL DEVELOPMENT IN SUB-SAHARAN AFRICAN COUNTRIES BY ENCOURAGING & SUPPORTING ECONOMIC RESEARCH PERTINENT TO THE REGION
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt023142022
IRS990/NetAssetsOrFundBalancesEOYAmt025730360
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0149
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0149
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0449893
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09164115
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt011230241
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt032589
IRS990/OccupancyGrp/ProgramServicesAmt0105716
IRS990/OccupancyGrp/TotalAmt0138305
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0114586
IRS990/OfficeExpensesGrp/ProgramServicesAmt0371706
IRS990/OfficeExpensesGrp/TotalAmt0486292
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt072651
IRS990/OtherAssetsTotalGrp/EOYAmt051739
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0137364
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0269052
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0406416
IRS990/OtherExpensesGrp/Desc0COMMUNICATIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07158
IRS990/OtherExpensesGrp/ProgramServicesAmt0206391
IRS990/OtherExpensesGrp/TotalAmt0213549
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0GRANTS FORFEITED
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0379160
IRS990/OtherRevenueMiscGrp/ExclusionAmt112440
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0379160
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112440
IRS990/OtherRevenueTotalAmt0391600
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0342090
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0670048
IRS990/OtherSalariesAndWagesGrp/TotalAmt01012138
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt034209
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt067005
IRS990/PensionPlanContributionsGrp/TotalAmt0101214
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0183086
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt066661
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010744
IRS990/PrincipalOfficerNm0VICTOR MURINDE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE TRAINING PROGRAM SUPPORTS AFRICAN ECONOMIC RESEARCH CONSORTIUM STUDENTS OF ECONOMICS AND AGRICULTURAL ECONOMICS THROUGH MASTERS AND PHD SCHOLARSHIPS AND THESIS RESEARCH GRANTS. IT SUPPORTS COLLABORATING UNIVERSITIES ACROSS SUB SAHARAN AFRICA WITH INSTUTITIONAL SUPPORT GRANTS AND RETOOLING FACULTY STAFF.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01433844
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0138908
IRS990/ProgSrvcAccomActy3Grp/Desc0THE COMMUNICATIONS DEPARTMENT DISSEMINATES RESEARCH WORK PRODUCED FROM THE RESEARCH AND TRAINING PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0750985
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06621180
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04320936
IRS990/PYInvestmentIncomeAmt0805976
IRS990/PYOtherExpensesAmt03578778
IRS990/PYOtherRevenueAmt079100
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-2180030
IRS990/PYSalariesCompEmpBnftPaidAmt01786572
IRS990/PYTotalExpensesAmt09686286
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07506256
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02138445
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011708132
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011777298
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0GRANTS FORFEITED - 2020 AMOUNT: $ 130,610. 2021 AMOUNT: $ 126,880. 2022 AMOUNT: $ 13,959. 2023 AMOUNT: $ 74,370. 2024 AMOUNT: $ 379,160. MISCELLANEOUS INCOME - 2020 AMOUNT: $ 50. 2021 AMOUNT: $ 1,533. 2022 AMOUNT: $ 2,033. 2023 AMOUNT: $ 4,730. 2024 AMOUNT: $ 12,440.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07259630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06621180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07757108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08726729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08321017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt038685664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0902771
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0803612
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0735078
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0546697
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0552097
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03540255
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0391600
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt079100
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt015992
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0128413
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0130660
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0745765
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73270
IRS990ScheduleA/PublicSupportPY170Pct00.72650
IRS990ScheduleA/PublicSupportTotal170Amt031485599
IRS990ScheduleA/SubstantialContributorsTotAmt07200065
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07259630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06621180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07757108
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08726729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08321017
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt038685664
IRS990ScheduleA/TotalSupportAmt042971684
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.30042
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt013506318
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt014133930
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0627612
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt012924815
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt013506318
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0581503

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