Tasai INC

Tax-deductible

Ithaca, NY501(c)(3)InternationalEIN 83-3902470

The specific purpose of the corporate is to promote agricultural development, primarily through educational and research programs, as well as finding solutions to urgent problems related to agricultural development in developing countries.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 3 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $20K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$138K
to officers and key staff · 18% of spending
Top officer’s pay higher than 82% of similar orgs
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$171K
49% of total assets
Looks good: liabilities are 49% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$424K
-3% vs prior year
Spent
$773K
To programs
85%
Net assets
$179K
By yearFY2020–FY2024
Revenue
$424K
FY2024▼ -3%
Revenue by fiscal year
FY2020$616K
FY2021$1.1M
FY2022$1.3M
FY2023$437K
FY2024$424K
Expenses
$773K
FY2024▼ -2%
Expenses by fiscal year
FY2020$506K
FY2021$744K
FY2022$1.0M
FY2023$790K
FY2024$773K
Net assets
$179K
FY2024▼ -66%
Net assets by fiscal year
FY2020$141K
FY2021$528K
FY2022$839K
FY2023$528K
FY2024$179K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $656K Management & general 14% · $105K Fundraising 2% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990; $138K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$100,000Pt VII · Sec A
$37,625Pt VII · Sec A
President/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Krisztina Tihanyi’s $100K as Executive Director is at the 82nd percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Krisztina Tihanyi$100,000$100,000$99,883$108,160$81,667
Shontaye Abegaz—$37,625$38,163$35,850—
Shontaye Abegaz Thru 22024$37,625————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Tasai INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes agricultural development through education, research, and problem-solving in developing countries.

Provided by the organization

This section is blank until Tasai INC claims this page.

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1 program service account for $656K of program spending, described in the organization's own filed words · FY2024.
01

Tasai programming focuses on collection of data on 21 indicators to assess national seed systems in africa with the aim to allow decision-makers in the public and private sectors and development agencies to design and implement evidence-based interventions to develop seed systems in africa.

$656Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$424K
Ln 12
Fees for servicesLn 2g$242K
Gifts and grantsLn 1h$177K
Investment incomeLn 3$5K
Money outPt IX
$773K
Ln 25
Programscol B$656K
Managementcol C$105K
Fundraisingcol D$12K
Owns and owesPt X
$179K
net assets · Ln 32
Cash and savingsLn 1–2$189K
Total assetsLn 16$350K
LiabilitiesLn 26$171K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$177K
Fees for servicesLn 2g$242K
Investment incomeLn 3$5K
Total revenueLn 12$424K
Assets in detailPt X, end of year
CashLn 1$189K
SavingsLn 2$0
Cash and savings togetherLn 1–2$189K
Other assetsLn 15$23K
Total assetsLn 16$350K
LiabilitiesLn 26$171K
Net assetsLn 32$179K
OperationsPt I, VI
EmployeesI 51
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$575K$189K
Total assetsLn 16$601K$350K
LiabilitiesLn 26$73K$171K
Net assetsLn 32$528K$179K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$100K$70K$20K$10K
Other employee benefitsLn 9$13K$9K$3K$1K
Payroll taxesLn 10$9K$6K$2K$910
Accounting feesLn 11c$17K$17K
Other fees for servicesLn 11g$499K$458K$41K
OccupancyLn 16$12K$12K
TravelLn 17$64K$64K
Conferences, conventions and meetingsLn 19$34K$34K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$22K$14K$8K
All other expensesLn 24e$701$310$391
Total functional expensesLn 25$773K$656K$105K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $424K$773K−$349K$179K 990 PDF
FY2023 $437K$790K−$353K$528K 990 PDF
FY2022 $1.3M$1.0M$311K$839K 990 PDF
FY2021 $1.1M$744K$378K$528K 990 PDF
FY2020 $616K$506K$111K$141K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $424,477 across 5 lines filed
VIII-1f All other contributions, gifts and grants$177,111
VIII-1h Total contributions, gifts and grants$177,111
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $242,385$242,385
VIII-3 Investment incomeExcluded from tax $4,981$4,981
VIII-12 Total revenueRelated to mission $242,385 · Unrelated business $0 · Excluded from tax $4,981$424,477
Part IX · Statement of functional expenses $773,327 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $70,000 · Management $20,000 · Fundraising $10,000$100,000
IX-9 Other employee benefitsPrograms $9,210 · Management $2,631 · Fundraising $1,316$13,157
IX-10 Payroll taxesPrograms $6,371 · Management $1,820 · Fundraising $910$9,101
IX-11c Accounting feesManagement $16,854$16,854
IX-11g Other fees for servicesPrograms $458,135 · Management $41,130$499,265
IX-16 OccupancyManagement $12,000$12,000
IX-17 TravelPrograms $63,984$63,984
IX-19 Conferences, conventions and meetingsPrograms $34,431$34,431
IX-23 InsuranceManagement $2,267$2,267
IX-24 Other expenses (24a–d)Programs $13,951 · Management $7,616$21,567
IX-24e All other expensesPrograms $310 · Management $391$701
IX-25 Total functional expensesPrograms $656,392 · Management $104,709 · Fundraising $12,226$773,327
Part X · Balance sheet $350,056 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $572,214$189,320
X-2 Savings and temporary cash investmentsStart of year $2,500$0
X-3 Pledges and grants receivable$106,006
X-4 Accounts receivable$28,787
X-9 Prepaid expenses and deferred chargesStart of year $2,880$2,907
X-15 Other assetsStart of year $23,049$23,036
X-16 Total assetsStart of year $600,643$350,056
X-17 Accounts payable and accrued expensesStart of year $14,393$63,713
X-19 Deferred revenueStart of year $17,349$49,357
X-25 Other liabilitiesStart of year $41,006$57,941
X-26 Total liabilitiesStart of year $72,748$171,011
X-27 Net assets without donor restrictionsStart of year $527,895$179,045
X-32 Total net assets or fund balancesStart of year $527,895$179,045
X-33 Total liabilities and net assetsStart of year $600,643$350,056
Part XI · Reconciliation of net assets $179,045 net assets at year end
XI-1 Total revenue$424,477
XI-2 Total expenses$773,327
XI-3 Revenue less expenses−$348,850
XI-4 Net assets at start of year$527,895
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$179,045

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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