Priority Africa Network EIN 87-2021707 Form 990 (PDF) Claim this org

Priority Africa Network

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Connects African diaspora generations to promote Pan-Africanism for an inclusive society. For fiscal year 2024 it reported $203K in revenue, $163K in expenses, and $349K in net assets.Pt I

Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Berkeley, CA
Website
www.priorityafrica.org
Filings
3 on file (2022–2024)
Revenue
$203KFY2024
Expenses
$163K
Net assets
$349K
People
10
Filings
3
Updates
0
More identity details & actions ⌄
EIN  87-2021707 Public charity (501(c)(3)) Berkeley, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects African diaspora generations to promote Pan-Africanism for an inclusive society.
Leadership
Yoel Haile · Co Director · $33K
Money in and out
$203K revenue, $163K expenses
Bottom line
72% program efficiency
Where the money goes · FY2024
Total revenue
$203K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$349K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $40K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.27 Fundraising $0.01
Program efficiency
72%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
25.7mo
months of highly liquid reserves at operating expense rate▲ +99% vs prior filing year
Surplus margin
+20%
revenue over expenses, this year▲ +185% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$203K
FY2024▼ -6%
Expenses
$163K
FY2024▼ -39%
Total assets
$349K
FY2024▲ +22%
Total liabilities
$0
FY2024
Total revenue
$203K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$349K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$40K
Total assetsPt X · Ln 16$349K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPriority Africa Network
EINHdr · item D87-2021707
Principal addressHdr · item CBerkeley, CA
WebsiteHdr · item Jwww.priorityafrica.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R12)
Ruling yearIRS BMFMay 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
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
Co Director
$33,107Pt VII · Sec A
$32,991Pt VII · Sec A
Excutive Director
$25,800Pt 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
Board Member
$0Pt VII · Sec A

Yoel Haile’s $33K as Co Director is at the 18th percentile of top reported officer pay among 1035 $100K–1M civil rights & advocacy 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

NameFY2024FY2023FY2022
Megdelawit Kidane$25,800$57,722$51,520
Yoel Haile$33,107
Michael Gebreslassie$32,991

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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Mission & Programs · Part III

Where the work happens

1 program service account for $117K of program spending, described in the organization's own filed words · FY2024.
01

Priority Africa Network PAN works to advance social justice and human rights by strengthening the voice and leadership of African and African Diaspora communities. Through education advocacy and community organizing PAN builds awareness of Africa-related issues promotes equitable U.S.Africa policies and fosters collaboration among…

$117Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$203K
Total revenueLn 12$203K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.27 Fundraising $0.01
Program services72%$117K
Management & general27%$44K
Fundraising1%$2K
Total functional expensesLn 25$163K

Balance Sheet

Part X · end of year
CashLn 1$349K
Total assetsLn 16$349K
Total liabilitiesLn 26$0
Total net assetsLn 32$349K
Months of cash on handcomputed25.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $349K · Operating expenses/yr $163K
25.7 months
Where the money goes
Program services
Program services $117K · Total expenses $163K
72%
Management & General
Management & general $44K · Total expenses $163K
27%
Fundraising
Fundraising $2K · Total expenses $163K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $265K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $203K · Total revenue $203K
100%
Government reliance
Government grants — · Total revenue $203K
Earned-income share
Program service revenue $0 · Total revenue $203K
0%
Investment reliance
Investment income $0 · Total revenue $203K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $163K
0%
Growth & trend
Revenue growth (YoY)
This year $203K · Prior year $216K
-6%
Net-asset trend (YoY)
End of year $349K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $203K · Expenses $163K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $349K
Net-asset ratio
Net assets $349K · Total assets $349K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $349K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Yoel Haile · Reported title Co Director · Highest reported compensation $33K · Total expenses $163K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $137K · Total expenses $163K
84%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 27%
Fundraising cost ratio 1%
Revenue growth -6%
Investment management fee ratio 0.2%
Accounting fee ratio 6%

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 4 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)$203K revenue · viewing · ⤓ 990 PDF
FY2023$216K revenue · ⤓ 990 PDF
FY2022$411K 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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