ONE ACRE FUND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ONE ACRE FUND (EIN 20-3668110)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-08-01
IRS object ID
202432149349300333
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-08-01T10:40:16-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 PARK AVENUE 38TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10166ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN203668110EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1One Acre FundBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% GIDEON MAINAInCareOfNm
Business Name ControlONEABusinessNameControlTxt
Phone8155729714PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12070 Green Bay Road Suite 183AddressLine1Txt
CityHighland ParkCityNm
State AbbreviationILStateAbbreviationCd
ZIP60035ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEric PohlmanPersonNm
Person TitleCEOPersonTitleTxt
Phone8155729714PhoneNum
Signature2024-08-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPaul HammerschmidtPreparerPersonNm
PTINP01384178PTIN
Phone2128858000PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEric PohlmanPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12070 GREEN BAY ROAD STE 183AddressLine1Txt
CityHighland ParkCityNm
State AbbreviationILStateAbbreviationCd
ZIP60035ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$248,916,935GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.oneacrefund.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO EMPOWER CHRONICALLY HUNGRY FARM FAMILIES IN AFRICA TO LIFT THEMSELVES OUT OF HUNGER AND POVERTY.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee80TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$76,801,462PYContributionsGrantsAmt
CY Contributions Grants$143,375,767CYContributionsGrantsAmt
PY Program Service Revenue$137,372,325PYProgramServiceRevenueAmt
CY Program Service Revenue$101,685,538CYProgramServiceRevenueAmt
PY Investment Income$142,724PYInvestmentIncomeAmt
CY Investment Income$450,367CYInvestmentIncomeAmt
PY Other Revenue-$500,344PYOtherRevenueAmt
CY Other Revenue$677,344CYOtherRevenueAmt
PY Total Revenue$213,816,167PYTotalRevenueAmt
CY Total Revenue$246,189,016CYTotalRevenueAmt
PY Grants And Similar Paid$13,038,070PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$11,924,393CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$57,457,408PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$64,581,447CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,274,859CYTotalFundraisingExpenseAmt
PY Other Expenses$166,814,316PYOtherExpensesAmt
CY Other Expenses$150,549,260CYOtherExpensesAmt
PY Total Expenses$237,309,794PYTotalExpensesAmt
CY Total Expenses$227,055,100CYTotalExpensesAmt
PY Revenues Less Expenses-$23,493,627PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$19,133,916CYRevenuesLessExpensesAmt
Total Assets BOY$223,099,275TotalAssetsBOYAmt
Total Assets EOY$247,603,752TotalAssetsEOYAmt
Total Liabilities BOY$120,874,401TotalLiabilitiesBOYAmt
Total Liabilities EOY$133,585,136TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$102,224,874NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$114,018,616NetAssetsOrFundBalancesEOYAmt
MissionTO EMPOWER CHRONICALLY HUNGRY FARM FAMILIES IN AFRICA TO LIFT THEMSELVES OUT OF HUNGER AND POVERTY. ONE ACRE FUND ACHIEVES ITS MISSION BY WORKING WITH SELF-HELP GROUPS IN RURAL VILLAGES TO DELIBERATELY REACH THE MOST SEVERELY HUNGER-AFFECTED.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$208,410,333ExpenseAmt
Grant$11,924,392GrantAmt
Revenue$101,685,538RevenueAmt
DescTHE ORGANIZATION STARTED WORKING WITH 40 FARM FAMILIES IN JANUARY 2006. AS OF DECEMBER 31, 2023 IT IS SERVING OVER 1,545,000 FARMERS IN AFRICA TO TEACH THEM MORE PRODUCTIVE FARMING METHODS AND HELP ELIMINATE HUNGER. THE ORGANIZATION REACHED OVER 8.3 MILLION PEOPLE IN THOSE FAMILIES.Desc
Total Program Service Expenses$208,410,333TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (true)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee80EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryBYForeignCountryCd
Foreign CountryETForeignCountryCd
Foreign CountryKEForeignCountryCd
Foreign CountryMIForeignCountryCd
Foreign CountryNIForeignCountryCd
Foreign CountryRWForeignCountryCd
Foreign CountryTZForeignCountryCd
Foreign CountryUGForeignCountryCd
Foreign CountryZAForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGIDEON MAINAPersonNm
Phone8155729714PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12070 GREEN BAY ROAD SUITE 183AddressLine1Txt
Cityhighland parkCityNm
State AbbreviationILStateAbbreviationCd
ZIP60035ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ANDREW YOUN
EXECUTIVE DIRECTOR35.00.0Yes (X)Yes (X)$266,030$0$12,846
MATTHEW FORTI
MANAGING DIR., OAF USA/SECY.50.00.0Yes (X)Yes (X)$199,166$0$23,772
AYANDA MNGADI
CHIEF FINANCIAL OFFICER50.00.0Yes (X)$214,788$0$4,443
JOHN CLARK
KENYA CHIEF EXECUTIVE OFFICER50.00.0$214,231$0$4,443Yes (X)
BRIAN HEESE
INVESTOR RELATIONS DIRECTOR50.00.0$195,200$0$4,505Yes (X)
ANNA CARSON
BUSINESS DEVELOPMENT SR. DIR.50.00.0$189,114$0$4,443Yes (X)
SARAH HYLDEN
DIRECTOR OF GLOBAL OPERATIONS50.00.0$164,955$0$17,266Yes (X)
JOHN MUNDY
DIR., BUSINESS DEVELOPMENT50.00.0$180,291$0$0Yes (X)
MATTHEW SABIN
GROWTH UNIT DIRECTOR50.00.0$163,953$0$12,846Yes (X)
ERIC POHLMAN
RWANDA COUNTRY DIRECTOR50.00.0$159,455$0$12,846Yes (X)
JAMES MWANGI
BOARD CHAIR3.00.0Yes (X)$0$0$0
JOEL ACKERMAN
BOARD MEMBER3.00.0Yes (X)$0$0$0
AGNES GATHAIYA
BOARD MEMBER3.00.0Yes (X)$0$0$0
KARL HOFMANN
BOARD MEMBER3.00.0Yes (X)$0$0$0
WILLIAM KAYONGA
BOARD MEMBER3.00.0Yes (X)$0$0$0
KANINI MUTOONI
BOARD MEMBER3.00.0Yes (X)$0$0$0
FRED OGANA
BOARD MEMBER3.00.0Yes (X)$0$0$0
ADA OSAKWE
BOARD MEMBER3.00.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,947,183TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$97,410TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K18IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/ForeignAddress/AddressLine1TxtCityContractorAddress/ForeignAddress/CityNmProvince Or StateContractorAddress/ForeignAddress/ProvinceOrStateNmCountryContractorAddress/ForeignAddress/CountryCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCd
ETERNUM LTD
108 FIELD END ROADPINNERMIDDLESEXUKHA5 1RLINFORMATION TECH.$1,128,927
BDO USA
AUDIT & TAX$218,101200 PARK AVENUE 38TH FLOORNEW YORKNY10166
IDEOORG
DESIGN SERVICES$162,000395 HUDSON STREET 8TH FLOORNEW YORKNY10014
CAPTURE MARKETING LIMITED
60 GREAT PORTLAND STREETLONDON0UKW1W 7RTADVERTISING$140,129
Soapbox Communication Ltd
126 BACK CHURCH LANELONDONENGLANDUKE1 1FHPUBLIC RELATIONS$134,979
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K8CntrctRcvdGreaterThan100KCnt
Fundraising$856,434FundraisingAmt
Government Grants$52,028,845GovernmentGrantsAmt
All Other Contributions$90,490,488AllOtherContributionsAmt
Noncash Contributions$2,155,756NoncashContributionsAmt
Total Contributions$143,375,767TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAM FEES111000$67,243,053$67,243,053
SEED AND FERTILIZER SALES111000$34,442,485$34,442,485
FieldValueIRS element (for citing)
Total Program Service Revenue$101,685,538TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$356,285TotalRevenueColumnAmt
Exclusion$356,285ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,155,756SecuritiesAmt
Other$555,900OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,155,756SecuritiesAmt
Other$461,818OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$94,082OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$94,082TotalRevenueColumnAmt
Exclusion$94,082ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$110,345FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$856,434ContriRptFundraisingEventAmt
Fundraising Direct Expenses$110,345FundraisingDirectExpensesAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
LOSSES ON FARMERS CROP INSURANCE111000-$187,431-$187,431
MISCELLANEOUS INCOME111000$864,775$864,775
FieldValueIRS element (for citing)
Other Revenue Total$677,344OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$246,189,016TotalRevenueColumnAmt
Related Or Exempt Func Income$101,685,538RelatedOrExemptFuncIncomeAmt
Exclusion$1,127,711ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$21,066TotalAmt
Program Services$21,066ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$11,903,327TotalAmt
Program Services$11,903,327ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,112,020TotalAmt
Program Services$831,950ProgramServicesAmt
Management And General$161,058ManagementAndGeneralAmt
Fundraising$119,012FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$38,335,350TotalAmt
Program Services$28,680,349ProgramServicesAmt
Management And General$5,552,249ManagementAndGeneralAmt
Fundraising$4,102,752FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$13,359,703TotalAmt
Program Services$9,994,976ProgramServicesAmt
Management And General$1,934,935ManagementAndGeneralAmt
Fundraising$1,429,792FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,774,374TotalAmt
Program Services$8,808,923ProgramServicesAmt
Management And General$1,705,326ManagementAndGeneralAmt
Fundraising$1,260,125FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$253,852TotalAmt
Program Services$195,805ProgramServicesAmt
Management And General$11,947ManagementAndGeneralAmt
Fundraising$46,100FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$270,431TotalAmt
Program Services$208,593ProgramServicesAmt
Management And General$12,728ManagementAndGeneralAmt
Fundraising$49,110FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$75,000TotalAmt
Program Services$75,000ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,638,052TotalAmt
Program Services$3,615,177ProgramServicesAmt
Management And General$225,161ManagementAndGeneralAmt
Fundraising$797,714FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,268,471TotalAmt
Program Services$1,268,471ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$641,296TotalAmt
Program Services$632,387ProgramServicesAmt
Management And General$6,624ManagementAndGeneralAmt
Fundraising$2,285FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,774,120TotalAmt
Program Services$6,603,771ProgramServicesAmt
Management And General$103,589ManagementAndGeneralAmt
Fundraising$66,760FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,557,831TotalAmt
Program Services$5,058,406ProgramServicesAmt
Management And General$271,738ManagementAndGeneralAmt
Fundraising$227,687FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,764,199TotalAmt
Program Services$2,764,199ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,811,151TotalAmt
Program Services$1,811,151ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$262,803TotalAmt
Program Services$248,477ProgramServicesAmt
Management And General$10,652ManagementAndGeneralAmt
Fundraising$3,674FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FARMING SUPPLIES$98,264,240$98,264,240
GENERAL SUPPLIES$9,184,984$8,836,362$259,212$89,410
FARMING TRANSPORTATION$5,489,328$5,489,328
BAD DEBT EXPENSE$4,871,928$4,871,928

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,421,574TotalAmt
Program Services$8,226,447ProgramServicesAmt
Management And General$114,689ManagementAndGeneralAmt
Fundraising$80,438FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$227,055,100TotalAmt
Program Services$208,410,333ProgramServicesAmt
Management And General$10,369,908ManagementAndGeneralAmt
Fundraising$8,274,859FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$49,052,327BOYAmt
EOY$54,903,497EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$56,944,908BOYAmt
EOY$100,952,118EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,032,159BOYAmt
EOY$15,197,047EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$59,053,387BOYAmt
EOY$42,391,714EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$12,697,985BOYAmt
EOY$14,747,074EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$24,329,323LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,790,343LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$16,444,727BOYAmt
EOY$15,538,980EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,006,079BOYAmt
EOY$1,666,528EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,867,703BOYAmt
EOY$2,206,794EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$223,099,275BOYAmt
EOY$247,603,752EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$10,876,942BOYAmt
EOY$5,122,359EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$39,034,632BOYAmt
EOY$40,699,180EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$68,457,211BOYAmt
EOY$85,525,157EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,505,616BOYAmt
EOY$2,238,440EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$120,874,401BOYAmt
EOY$133,585,136EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$18,198,614BOYAmt
EOY-$2,319,526EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$84,026,260BOYAmt
EOY$116,338,142EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$102,224,874BOYAmt
EOY$114,018,616EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$223,099,275BOYAmt
EOY$247,603,752EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$19,133,916ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$7,340,174OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$84,879,918CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$86,059,438CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$131,182,954CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,801,462CurrentTaxYearMinus1YearAmt
Current Tax Year$143,375,767CurrentTaxYearAmt
Total$522,299,539TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$84,879,918CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$86,059,438CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$131,182,954CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,801,462CurrentTaxYearMinus1YearAmt
Current Tax Year$143,375,767CurrentTaxYearAmt
Total$522,299,539TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$68,694,735SubstantialContributorsTotAmt
Public Support Total170$453,604,804PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$262,683CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$159,974CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$147,936CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$139,823CurrentTaxYearMinus1YearAmt
Current Tax Year$356,285CurrentTaxYearAmt
Total$1,066,701TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$209,146CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$434,332CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years-$405,227CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year-$500,344CurrentTaxYearMinus1YearAmt
Current Tax Year$677,344CurrentTaxYearAmt
Total$415,251TotalAmt
FieldValueIRS element (for citing)
Total Support$523,781,491TotalSupportAmt
Gross Receipts Rltd Activities$524,065,454GrossReceiptsRltdActivitiesAmt
Public Support CY1700.86602PublicSupportCY170Pct
Public Support PY1700.86378PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$90,916FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$90,916FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$218,689,325FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$218,780,241FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
FieldValueIRS element (for citing)
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year$1,000,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$1,500,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year$90,916CurrentYearAmt
Total$90,916TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year$250,000CurrentYearAmt
Total$250,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$375,000GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,721,192OtherCostOrOtherBasisAmt
Book Value$1,721,192BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,419,535OtherCostOrOtherBasisAmt
Depreciation$4,511,664DepreciationAmt
Book Value$8,907,871BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,710,881OtherCostOrOtherBasisAmt
Depreciation$4,278,679DepreciationAmt
Book Value$4,432,202BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$477,715OtherCostOrOtherBasisAmt
Book Value$477,715BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$15,538,980TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
TAXES PAYABLE$1,148,033
OTHER EMPLOYEE RELATED LIABILITIES$1,090,407
FieldValueIRS element (for citing)
Total Liability$2,238,440TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationONE ACRE FUND is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, a provision for income taxes has not been made in the consolidated financial statements. The Organization is also classified as other than a private foundation. The Organization has no unrelated business income during the year ended December 31, 2023, therefore, no provision for federal or state income taxes has been made in the accompanying consolidated financial statements. The Organization had no income tax expense for the year ended December 31, 2023. Under GAAP, an organization must recognize the tax liability associated with tax positions taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by a taxing authority. The Organization does not believe there are any material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. The Organization has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, the Organization has filed Internal Revenue Service (IRS) Form 990 information returns, as required, and all other applicable returns in jurisdictions where so required. For the year ended December 31, 2023, there were no interest or penalties recorded or included in the consolidated statements of activities. The Organization is subject to a routine audit by taxing authorities.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Sub-Saharan Africa77663Program ServicesFARMING and EDUCATION$194,769,466
Europe (Including Iceland and Greenland)212Grantmaking$16,036
Sub-Saharan Africa2801Grantmaking$11,887,291
FieldValueIRS element (for citing)
Subtotal Offices11SubtotalOfficesCnt
Subtotal Employees8476SubtotalEmployeesCnt
Total Office11TotalOfficeCnt
Total Employee8476TotalEmployeeCnt
Subtotal Spent$206,672,793SubtotalSpentAmt
Total Spent$206,672,793TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (7 entries)

RegionRegionTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
Europe (Including Iceland and Greenland)$16,036WIRE
Sub-Saharan Africa$5,858,199WIRE
Sub-Saharan Africa$4,745,106WIRE
Sub-Saharan Africa$1,031,616WIRE
Sub-Saharan Africa$109,500WIRE
Sub-Saharan Africa$98,123WIRE
Sub-Saharan Africa$44,747WIRE
FieldValueIRS element (for citing)
Total501c3 Org6Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustYes (true)InterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationONE ACRE FUND AWARDED GRANTS FOR PROGRAM SERVICE SUPPORT TO ITS RELATED ENTITIES FOR OVERSEAS OPERATIONS IN 2 COUNTRIES. THESE FOREIGN ORGANIZATIONS SHARE THE SAME PROGRAM MISSION, POLICIES, PROCEDURES, MANAGEMENT AND BOARD OVERSIGHT AS ONE ACRE FUND. MANAGEMENT AND THE BOARD OF DIRECTORS HAVE THE PRIMARY RESPONSIBILITY OF OVERSEEING THE DISTRIBUTION OF GRANTS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GALAEvent1Nm
Gross Receipts Event1$966,779GrossReceiptsEvent1Amt
Charitable Contri Event1$856,434CharitableContriEvent1Amt
Gross Revenue Event1$110,345GrossRevenueEvent1Amt
Other Direct Expenses Event1$110,345OtherDirectExpensesEvent1Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$966,779GrossReceiptsTotalAmt
Charitable Contributions Tot$856,434CharitableContributionsTotAmt
Gross Revenue Total Events$110,345GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$110,345OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$110,345DirectExpenseSummaryEventsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Columbia UniversityBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1116th and broadwayAddressLine1Txt
Citynew yorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10027ZIPCd
FieldValueIRS element (for citing)
Recipient EIN135598093RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$21,066CashGrantAmt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationThe grantee submits a report on a semi-annual basis, which One Acre Fund reviews and collates with its own progress report before submitting it to the donor. Prior to the payment of any invoice from the grantee, the invoice is reviewed by the implementation team and approved by the fundraising team. This process ensures a strong maker and checker system.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Payments For Use Of ResidenceYes (X)PaymentsForUseOfResidenceInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANDREW YOUN
EXECUTIVE DIRECTOR$177,800$0$71,950$0$16,280$0$0$0$12,846$0$278,876$0$0$0
MATTHEW FORTI
MANAGING DIR., OAF USA/SECY.$176,100$0$23,066$0$0$0$0$0$23,772$0$222,938$0$0$0
AYANDA MNGADI
CHIEF FINANCIAL OFFICER$160,290$0$8,970$0$45,528$0$0$0$4,443$0$219,231$0$0$0
JOHN CLARK
KENYA CHIEF EXECUTIVE OFFICER$170,257$0$1,410$0$42,564$0$0$0$4,443$0$218,674$0$0$0
BRIAN HEESE
INVESTOR RELATIONS DIRECTOR$177,875$0$15,895$0$1,430$0$0$0$4,505$0$199,705$0$0$0
ERIC POHLMAN
RWANDA COUNTRY DIRECTOR$139,230$0$12,455$0$7,770$0$0$0$12,846$0$172,301$0$0$0
MATTHEW SABIN
GROWTH UNIT DIRECTOR$132,663$0$15,118$0$16,172$0$0$0$12,846$0$176,799$0$0$0
ANNA CARSON
BUSINESS DEVELOPMENT SR. DIR.$142,163$0$11,411$0$35,540$0$0$0$4,443$0$193,557$0$0$0
SARAH HYLDEN
DIRECTOR OF GLOBAL OPERATIONS$143,194$0$12,265$0$9,496$0$0$0$17,266$0$182,221$0$0$0
JOHN MUNDY
DIR., BUSINESS DEVELOPMENT$167,432$0$11,429$0$1,430$0$0$0$0$0$180,291$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1B:FormAndLineReferenceDesc
ExplanationONE ACRE FUND HAS A POLICY THAT COVERS REIMBURSEMENT OF HOUSING ALLOWANCE AND HOME OFFICE EXPENSES, HOWEVER THE POLICY DOES NOT EXPLICITLY STATE THE AMOUNT PROVIDED TO THE MANAGING DIRECTOR. THIS AMOUNT IS APPROVED BY THE DIRECTOR OF HUMAN RESOURCES.ExplanationTxt

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArtGrp
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution17ContributionCnt
Noncash Contributions Rpt F990$2,155,756NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET QUOTATIONMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE FILING ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, DECONSOLIDATION OF AUDITED FINANCIAL STATEMENTS:FOR 2023, THE FOLLOWING ENTITIES HAVE BEEN CONSOLIDATED ON THE AUDITED FINANCIAL STATEMENTS IN ACCORDANCE WITH U.S. GAAP, HOWEVER FOR FORM 990 PURPOSES HAVE BEEN DECONSOLIDATED: - ONE ACRE UK - ONE ACRE STICHTING - REGISTERED TRUSTEES OF ONE ACRE FUND (MALAWI) - ONE ACRE FARMERS ORGANIZATION ONE ACRE UK AND ONE ACRE STICHTING ARE FOREIGN-RECOGNIZED, NON-501(C)(3) NOT-FOR-PROFITS IN THE UK AND NETHERLANDS, RESPECTIVELY, AND AS SUCH HAVE BEEN DECONSOLIDATED ON THE FORM 990. REGISTERED TRUSTEES OF ONE ACRE FUND (MALAWI) IS A FOREIGN-RECOGNIZED CORPORATION IN MALAWI AND AS SUCH HAS BEEN DECONSOLIDATED ON THE FORM 990. ONE ACRE FARMERS ORGANIZATION IS A FOREIGN-RECOGNIZED TRUST/NONGOVERNMENT ORGANIZATION (NGO) IN NIGERIA AND AS SUCH HAS BEEN DECONSOLIDATED ON THE FORM 990.
FORM 990, PART VI, SECTION A, LINE 4:THE ORGANIZATION AMENDED ITS BYLAWS EFFECTIVE SEPTEMBER 28, 2023 TO SEPARATE THE ROLES OF PRESIDENT AND THE NEWLY ESTABLISHED POSTION, CHIEF EXECUTIVE OFFICER (CEO), WHICH WERE PREVIOUSLY HELD BY ONE INDIVIDUAL. THE RESPONSIBILITIES PREVIOUSLY HELD BY THE PRESIDENT AND CEO, INCLUDING SUPERVISION AND CONTROL OF THE ORGANIZATION'S AFFAIRS AND THE ACTIVITIES OF THE OFFICERS, ARE NOW ASSIGNED TO THE NEWLY ESTABLISHED CEO POSITION. THE CEO BEGAN EMPLOYMENT IN MARCH 2024.
FORM 990, PART VI, SECTION B, LINE 11B:FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. THE CFO REVIEWS AND THEN FORWARDS THE DRAFT FORM 990 TO THE BOARD CHAIR, WHO ALSO REVIEWS AND APPROVES. EACH BOARD MEMBER IS SUPPLIED WITH A COPY OF THE FEDERAL RETURN AS WELL.
FORM 990, PART VI, SECTION B, LINE 12C:EVERY YEAR AT A BOARD MEETING EACH MEMBER IS ASKED TO UPDATE/DISCLOSE CONFLICTS OF INTEREST, IF ANY. SIMILARLY, KEY STAFF MEMBERS LISTED ON FORM 990 ARE REQUIRED TO UPDATE/DISCLOSE CONFLICTS OF INTEREST ANNUALLY. ANY SUSPICION OF UNDISCLOSED CONFLICTS OF INTEREST ARE TIMELY INVESTIGATED.
FORM 990, PART VI, SECTION B, LINE 15A:THE INDEPENDENT BOARD OF DIRECTORS ANNUALLY REVIEW THE FAIRNESS OF THE EXECUTIVE DIRECTOR'S COMPENSATION AND BENEFITS BASED ON A RIGOROUS INTERNAL ANALYSIS WHICH IDENTIFIES A COMPARABLE SET OF PEERS AND GATHERS THEIR PUBLICLY AVAILABLE COMPENSATION INFORMATION. THE INDEPENDENT BOARD HAS REVIEWED AND APPROVED ADJUSTMENTS IN THE EXECUTIVE DIRECTOR'S COMPENSATION AND BENEFITS. THE MINUTES OF DECISION OF THE BOARD IS PREPARED BEFORE THE LATER OF THE NEXT MEETING OR 60 DAYS AFTER THE FINAL DECISION OF THE BOARD AND THE COMMITTEE. THE COMPENSATION MEMORANDUM RECORD A) THE DATE OF THE DECISION B) THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT C) THE FULL TERMS OF THE TRANSACTION THAT WAS APPROVED D) THE COMPARABLE DATA USED AND E) HOW THE COMPARABLE DATA WAS OBTAINED.
FORM 990, PART VI, SECTION B, LINE 15B:OTHER OFFICERS AND KEY EMPLOYEES' PERFORMANCES ARE REVIEWED BY THE EXECUTIVE DIRECTOR, WHO ALSO APPROVES THEIR COMPENSATION WITHIN THE BOARD-APPROVED BUDGET. AN ANNUAL COMPENSATION SURVEY IS ALSO DONE TO AID IN THE DECISION.
FORM 990, PART VI, SECTION C, LINE 19:THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE AND PAST FINANCIAL STATEMENTS ARE AVAILABLE ON THE ILLINOIS ATTORNEY GENERAL'S WEBSITE.
FORM 990, PART VII, SECTION A:THE ORGANIZATIONS BYLAWS PROVIDE THAT ANY MEMBER MAY SERVE AS AN OFFICER OF THIS CORPORATION. THE BOARD CHAIR HAS NOT BEEN ELECTED AS AN OFFICER OF THE CORPORATION OR OF THE BOARD.
FORM 990, PART XI, LINE 9:FOREIGN CURRENCY REMEASUREMENT LOSS............$(7,340,174)

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SMALLHOLDER RESILIENCE VENTURES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12070 GREEN BAY ROAD SUITE 183AddressLine1Txt
CityHIGHLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60035ZIPCd
FieldValueIRS element (for citing)
EIN922137222EIN
Primary ActivitiesFUNDRAISEPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$0EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
ONE ACRE UK LIMITED
Kemp House 152 - 160 City RdlondonUKEC1V 2NXASST. FARMERSUKFOREIGNFOREIGNNAfalse
ONE ACRE STICHTING
Fluwelen Burgwal 58The HagueNL2511 CJASST. FARMERSNLFOREIGNFOREIGNNAfalse

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndProvince Or StateForeignAddress/ProvinceOrStateNm
REGISTERED TRUSTEES OF ONE ACRE FUND
PO BOX 300ZOMBAMIFARMINGMIONE ACRE FUNDFOREIGN CORP$17,915,049$10,462,0531.00000Yes (true)
ONE ACRE FARMERS ORGANIZATION
Plot 2563 Hassan Musa JASTINA STAsokoroNIFARMINGNIONE ACRE FUNDFOREIGN TRUST$12,410,718$4,454,9101.00000Yes (true)Abuja
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ONE ACRE FARMERS ORGANIZATION
B$4,745,106COST
REGISTERED TRUSTEES OF ONE ACRE FUND
B$5,858,199COST

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