CORPSAFRICA

EIN: 452470692 501(c)(3) Human Services

Washington, DC

Total Revenue
$6,199,033
Total Expenses
$5,093,904
Total Assets
$3,802,889
Net Assets
$1,755,593
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
DC
Principal Officer
LIZ FANNING
Phone
2128315457
Tax Period
2022-07-01 to 2023-06-30

CORPSAFRICA, founded in 2011, is a community nonprofit in the Human Services sector that reported $6.2M in total revenue in fiscal year 2022. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 18% operating margin.

Mission

THE ORGANIZATION RECRUITS, TRAINS AND SENDS COLLEGE-EDUCATED AFRICANS TO LIVE IN REMOTE VILLAGES IN THEIR OWN COUNTRIES TO FACILITATE SMALL-SCALE, HIGH-IMPACT PROJECTS THAT ARE IDENTIFIED BY LOCAL PEOPLE, ALONG THE LINES OF THE PEACE CORPS MODEL.

Program Service Accomplishments

Program 1
Expenses: $4,656,061 Revenue: $0

THE ORGANIZATION RECRUITS AND PLACES AMBITIOUS AFRICANS IN REMOTE, HIGH POVERTY COMMUNITIES IN THEIR OWN COUNTRIES FOR A YEAR, GIVING THEM THE CHANCE TO BE A PART OF THE SOLUTION FOR THEIR OWN...

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THE ORGANIZATION RECRUITS AND PLACES AMBITIOUS AFRICANS IN REMOTE, HIGH POVERTY COMMUNITIES IN THEIR OWN COUNTRIES FOR A YEAR, GIVING THEM THE CHANCE TO BE A PART OF THE SOLUTION FOR THEIR OWN COUNTRIES. THE ORGANIZATON'S VOLUNTEERS INITIATE SUSTAINABLE PROJECTS THAT FULFILL KEY NEEDS IN THEIR COMMUNITIES AND WHOSE IMPACT AND SUCCESS CAN BE CAREFULLY MEASURED AND MONITORED. THE ORGANIZATION CURRENTLY OPERATES IN SENEGAL, MOROCCO, RWANDA, MALAWI, GHANA, KENYA, AND UGANDA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $6,169,478
Program Service Revenue $0
Investment Income $224
Other Revenue $29,331
TOTAL REVENUE $6,199,033

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,779,051
Fundraising Expenses $105,555
Program Expenses $4,656,061
Other Expenses $3,314,853
TOTAL EXPENSES $5,093,904

Year-over-Year Comparison

2022 2021 Change
Revenue $6,199,033 $2,311,542 +1.7%
Expenses $5,093,904 $1,941,222 +1.6%
Net Income $1,105,129 $370,320 +2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
15
Employees
8
Volunteers
172

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
3
$112,796
Total Directors
16
$112,796
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH FANNING EXECUTIVE DIRECTOR 40.00
Officer Director
$97,326 $15,470 $112,796
BRETT ODOM TREASURER 1.00
Officer Director
$0 $0 $0
KARLI HAGEDORN CHAIR 1.00
Officer Director
$0 $0 $0
CRAIG KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
OMAR LAAFOURA DIRECTOR 1.00
Director
$0 $0 $0
MOKY MAKURA DIRECTOR 1.00
Director
$0 $0 $0
KERRY MCNAMARA DIRECTOR 1.00
Director
$0 $0 $0
JAMES MILLER DIRECTOR 1.00
Director
$0 $0 $0
PIERRE THAIM DIRECTOR 1.00
Director
$0 $0 $0
DAVID SANFORD DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA TIBBETTS DIRECTOR 1.00
Director
$0 $0 $0
JOCELYN C ZUCKERMAN DIRECTOR 1.00
Director
$0 $0 $0
MARC DOUGLAS DIRECTOR 1.00
Director
$0 $0 $0
HAIM MALKA DIRECTOR 1.00
Director
$0 $0 $0
SELMAWIT TEKALIGN MAMO DIRECTOR 1.00
Director
$0 $0 $0
STEPHANE LE BOUDER DIRECTOR 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $6,199,033 $5,093,904 $3,802,889 $1,105,129
2022 $2,311,542 $1,941,222 $2,025,118 $370,320
2021 $382,347 $429,492 $344,992 $-47,145
2020 $977,605 $1,078,670 $462,627 $-101,065
2019 $1,457,971 $1,314,313 $480,688 $143,658
2018 $1,209,166 $919,785 $414,126 $289,381
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