AFRICAN LEADERSHIP FOUNDATION

EIN: 830425133 501(c)(3) Education

NEW YORK, NY

Total Revenue
$6,476,286
Total Expenses
$5,389,255
Total Assets
$37,179,264
Net Assets
$25,013,209
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MI
Principal Officer
PETER BAIRD
Phone
8002617689
Tax Period
2024-07-01 to 2025-06-30

AFRICAN LEADERSHIP FOUNDATION, founded in 2004, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 17% operating margin.

Mission

AFRICAN LEADERSHIP FOUNDATION SEEKS TO DEVELOP YOUNG LEADERS AND ENTREPRENEURS FOR THE AFRICAN CONTINENT. WE PRIMARILY CARRY OUT THIS MISSION BY SUPPORTING THE ESTABLISHMENT AND GROWTH OF AFRICAN LEADERSHIP ACADEMY, A PAN-AFRICAN INSTITUTION THAT SEEKS TO TRANSFORM AFRICA BY DEVELOPING AND CONNECTING THE NEXT GENERATION OFAFRICAN LEADERS.

Program Service Accomplishments

Program 1
Expenses: $4,729,908

AFRICAN LEADERSHIP FOUNDATION STAFF PROVIDED SUPPORT TO ALA GRADUATES AND MASTERCARD FOUNDATION SCHOLARS ATTENDING UNIVERSITIES ACROSS THE U.S., CANADA, AND COSTA RICA. THEY PROVIDED REGULAR...

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AFRICAN LEADERSHIP FOUNDATION STAFF PROVIDED SUPPORT TO ALA GRADUATES AND MASTERCARD FOUNDATION SCHOLARS ATTENDING UNIVERSITIES ACROSS THE U.S., CANADA, AND COSTA RICA. THEY PROVIDED REGULAR ONE-ON-ONE PSYCHOSOCIAL SUPPORT TO FIRST YEAR STUDENTS AND MATCHED OVER 90% OF FRESHMEN WHO OPTED IN TO THE FIRST YEAR TRANSITION PROGRAM WITH A LOCAL HOST FAMILY. THEY MANAGED THE FRESHMAN ORIENTATION PROGRAM, OVERSEEING FRESHMEN ORIENTATIONS HOSTED AROUND THE U.S. THEY PLANNED AND EXECUTED CHAPTER EVENTS THROUGHOUT THE U.S. IN CONJUNCTION WITH THE REGIONAL CHAPTERS. LED THE ANNUAL BARAZA PROFESSIONAL DEVELOPMENT CONFERENCE, PROVIDING PROGRAMMING AND INTERNSHIP AND JOB PREPARATION FOR ALA ALUMNI AND MCF SCHOLARS.

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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 $5,539,001
Program Service Revenue $0
Investment Income $608,426
Other Revenue $328,859
TOTAL REVENUE $6,476,286

Expense Breakdown

Grants Paid $4,698,176
Salaries & Benefits $339,846
Fundraising Expenses $285,779
Program Expenses $4,729,908
Other Expenses $351,233
TOTAL EXPENSES $5,389,255

Year-over-Year Comparison

2024 2023 Change
Revenue $6,476,286 $17,112,104 -0.6%
Expenses $5,389,255 $21,977,541 -0.8%
Net Income $1,087,031 $-4,865,437 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
5
Volunteers
11

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
4
$0
Total Directors
11
$0
Key Employees
1
$183,917
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS BRADFORD PRESIDENT 15.00
Officer Director
$0 $0 $0
PETER BAIRD BOARD CHAIR 3.00
Officer Director
$0 $0 $0
EULER BROPLEH TREASURER 3.00
Officer Director
$0 $0 $0
SNEHA SHAH SECRETARY 3.00
Officer Director
$0 $0 $0
QUEEN CHINYERE QUINN DIRECTOR 1.00
Director
$0 $0 $0
TAYO OVIOSU DIRECTOR 1.00
Director
$0 $0 $0
MOLLY EFRUSY DIRECTOR 1.00
Director
$0 $0 $0
AIDA NDIAYE DIRECTOR 1.00
Director
$0 $0 $0
ANDREW SWEET DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDRA PALT DIRECTOR 1.00
Director
$0 $0 $0
TEMI ADENIJI DIRECTOR 1.00
Director
$0 $0 $0
WADE ZAMECHEK DIRECTOR OF DEVELOPMENT 40.00
Key Emp
$175,464 $8,453 $183,917
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 $6,476,286 $5,389,255 $37,179,264 $1,087,031
2024 No data No data No data No data
2023 $5,717,132 $38,107,080 $34,233,051 $-32,389,948
2023 No data No data No data No data
2022 $7,938,510 $4,299,945 $67,024,628 $3,638,565
2021 $56,857,613 $6,230,595 $67,211,964 $50,627,018
2020 $6,340,154 $5,673,521 $6,660,697 $666,633
2019 $7,822,500 $7,072,983 $4,881,902 $749,517
2018 $13,041,637 $5,627,927 $8,717,589 $7,413,710
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