Afrithrive INC EIN 84-2431077

Afrithrive INC

EIN  84-2431077 Public charity (501(c)(3)) Silver Spring, MD
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Provides mobile food pantries and job training to help African immigrant families thrive.
Leadership
Truphena Choti · President & CEO · $104K
Money in and out
$1.1M revenue, $1.0M expenses
Bottom line
84% program efficiency

Provides mobile food pantries and job training to help African immigrant families thrive. For fiscal year 2024 it reported $1.1M in revenue, $1.0M in expenses, and $221K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $104K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.13 Fundraising $0.03
Program efficiency
84%
of spending reaches programs▲ +16% vs prior filing year
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate▲ +4% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▲ +222% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▲ +89%
Expenses
$1.0M
FY2024▲ +59%
Total assets
$907K
FY2024▲ +681%
Total liabilities
$686K
FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$104K
Total assetsPt X · Ln 16$907K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $869K of program spending, described in the organization's own filed words · FY2024.
01

AfriThrives flagship Healthy Food & Equity Initiative continues to advance food justice by increasing access to culturally appropriate, nutritious foods for immigrant and underserved families across Montgomery, Prince Georges, and Baltimore Counties.

$810Kprogram expense
02

Urban Farm & Community Gardening

AfriThrives Cultural Farm and Community Gardening Initiative grew significantly in 2024, advancing sustainable agriculture and food sovereignty through experiential education and production of African heritage crops.

$59Kprogram expense
03

Wages, Other Program Expenses and Equipment Rental and Maintenace Expenses incurred to run AfriThrives programs

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAfrithrive INC
EINHdr · item D84-2431077
Principal addressHdr · item CSilver Spring, MD
WebsiteHdr · item Jwww.afrithrive.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S99)
Ruling yearIRS BMFMay 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$104,200Pt VII · Sec A
Chair of the Baord
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Truphena Choti’s $104K as President & CEO is at the 22nd percentile of top reported officer pay among 2834 $1–10M community development 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Truphena Choti$104,200$79,167$70,000$15,500

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.

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Statement of Revenue

Part VIII
Contributions & grants100%$1.1M
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.13 Fundraising $0.03
Program services84%$869K
Management & general13%$130K
Fundraising3%$36K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$143K
Total assetsLn 16$907K
Total liabilitiesLn 26$686K
Total net assetsLn 32$221K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $143K · Operating expenses (Pt IX) $1.0M · Less non-cash grants $321K · Cash operating expenses/yr $712K
2.4 months
Where the money goes
Program services
Program services $869K · Total expenses $1.0M
84%
Management & General
Management & general $130K · Total expenses $1.0M
13%
Fundraising
Fundraising $36K · Total expenses $1.0M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $28K · Solicited contributions (3-yr avg) $825K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
100%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.0M
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $603K
+89%
Revenue CAGR
FY2020 $208K · FY2024 $1.1M
+53%
Net-asset trend (YoY)
End of year $221K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.0M
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $907K
Net-asset ratio
Net assets $221K · Total assets $907K
24%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $907K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Truphena Choti · Reported title PRESIDENT & CEO · Highest reported compensation $104K · Total expenses $1.0M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1.0M
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 13%
Fundraising cost ratio 3%
Revenue growth 89%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$603K revenue · ⤓ 990 PDF
FY2022$972K revenue · ⤓ 990 PDF
FY2021$727K revenue · ⤓ 990 PDF
FY2020$208K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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