AFRICA DEVELOPMENT PROMISE

EIN: 383909756 501(c)(3) Human Services

Denver, CO

Total Revenue
$340,321
Total Expenses
$261,117
Total Assets
$171,179
Net Assets
$118,822
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CO
Principal Officer
Monica Labiche Brown
Phone
7209512104
Tax Period
2024-01-01 to 2024-12-31

AFRICA DEVELOPMENT PROMISE, founded in 2013, is a small nonprofit in the Human Services sector that reported $340K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $79K, a strong 23% operating margin.

Mission

Africa Development Promise is a Colorado based nonprofit organization whose mission is to improve the lives and livelihoods of rural women in East Africa through training and resources that support their collective efforts to operate competitively in the marketplace.

Program Service Accomplishments

Program 1
Expenses: $62,635 Revenue: $0

In Rwanda, ADP focused on boosting the agricultural capacity of 8 cooperatives (500+ women farmers) by promoting crop diversification, integrated pest management (IPM) training, and improved...

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In Rwanda, ADP focused on boosting the agricultural capacity of 8 cooperatives (500+ women farmers) by promoting crop diversification, integrated pest management (IPM) training, and improved irrigation systems for sustainable water use. A highlight was the construction of a farm packhouse for the KAJU Cooperative, which equips the cooperative to receive, clean, grade, cool, and store fresh produce for market. This critical infrastructure allows farmers to reduce post-harvest losses and sell produce when prices peak, improving both income and food security.

Program 2
Expenses: $62,635 Revenue: $0

ADP also continued the IPM project through Farmer Field Schools to address crop damage from pests and disease, a recurring challenge in drought-prone Bugesera District. By strengthening farmers'...

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ADP also continued the IPM project through Farmer Field Schools to address crop damage from pests and disease, a recurring challenge in drought-prone Bugesera District. By strengthening farmers' ability to adapt to changing conditions, the program improves yields, supports economic development, and contributes to community well-being.

Program 3
Expenses: $62,635 Revenue: $0

In Uganda, ADP expanded its vocational training programs with the construction of a new classroom and the purchase of sewing machines. The tailoring program now offers a second year of advanced...

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In Uganda, ADP expanded its vocational training programs with the construction of a new classroom and the purchase of sewing machines. The tailoring program now offers a second year of advanced training, enabling Level 1 graduates to become professional tailors. In addition, ADP continued to provide cooperative members, students, and community members with training in computer literacy and entrepreneurship. In total, ADP trained 87 students through the vocational program in 2024, while in Rwanda, 40 students completed microbusiness development courses. These efforts reflect ADP's commitment to building skills that empower individuals, strengthen cooperatives, and foster long-term resilience.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $255,458
Program Service Revenue $31,723
Investment Income $0
Other Revenue $53,140
TOTAL REVENUE $340,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,117
Fundraising Expenses $24,755
Program Expenses $187,905
Other Expenses $196,000
TOTAL EXPENSES $261,117

Year-over-Year Comparison

2024 2023 Change
Revenue $340,321 $307,342 +0.1%
Expenses $261,117 $289,721 -0.1%
Net Income $79,204 $17,621 +3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
9
$0
Key Employees
1
$28,038
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Monica Labiche Brown NonVoting Executive Director 40
Key Emp Highest
$28,038 $0 $28,038
Karen Fadley Craig Board Member 5
Director
$0 $0 $0
E Dean Brown jr Treasurer 10
Director
$0 $0 $0
William Betts Jr Board Member 5
Director
$0 $0 $0
Carrie Diroll Jr Board Member 5
Director
$0 $0 $0
Charlotte Bingham Board Member 5
Director
$0 $0 $0
Ilke McAliley PE Board Chair 5
Director
$0 $0 $0
Lynette Hunden Board Vice Chair 5
Director
$0 $0 $0
Chrissey Buckley Board Member 5
Director
$0 $0 $0
Jean Nicholson Board Member 5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $340,321 $261,117 $171,179 $79,204
2023 $307,342 $289,721 $91,736 $17,621
2022 $217,297 $292,546 $77,855 $-75,249
2021 $354,267 $297,082 $121,090 $57,185
2020 $201,210 $216,062 $69,755 $-14,852
2019 $176,119 $232,290 $78,948 $-56,171
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