African Collaborative INC
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Provides unrestricted funding to African organizations, unlocking economic potential through financial inclusion. For fiscal year 2024 it reported $3.2M in revenue, $5.1M in expenses, and $925K in net assets.Pt I
Summary of the Filing
Where the work happens
Grantmaking & Portfolio Services
African collaborative provides core general operating grants and targeted organizational development grants to all of its partners in africa. In addition to these financial resources, african collaborative provides bespoke portfolio services to support its partners growth and development.
Systems Change Advocacy
African collaborative seeks to catalyze transformation on the philanthropic sector to shift resources to the frontlines of impact. This includes actively contributing to collective efforts within our field to reshape funding practices to be more direct, and elevate the voices of african leaders as essential experts and drivers in…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Atti Worku’s $193K as Co-Ceo/ Director is at the 74th percentile of top reported officer pay among 1169 $1–10M 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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 12% | — | — |
| Revenue growth | 14% | — | — |
| Legal fee ratio | 2% | — | — |
| Accounting fee ratio | 1% | — | — |
| Fundraising fee ratio | 1% | — | — |
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
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Filings & Schedule Manifest
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Sources
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