2017-11-14T09:16:38-06:00 2016-12-31 611416081 THE CURCHIN GROUP LLC 200 SCHULZ DR STE 400 RED BANK NJ 077016745 990 2016-01-01 205874831 INDEGO AFRICA PROJECT INDE 2125063697 51 WEST 52ND STREET SUITE 2300 NEW YORK NY 10019 KAREN YELICK CHIEF EXECUTIVE OFFICER 2125063697 2017-11-09 1 CAROLYN GIUNCO KVALO P00291076 7327470500 173.251.92.242 2017-11-09 07:32:37 ES P 571ED3E450C6BC9207A9B05C69635AB4D3286FC6 7074A6651AB3B6D3A8026588008F3B567A40E635 2016 2017-02-10 21:41:12Z KAREN YELICK 51 WEST 52ND STREET SUITE 2300 NEW YORK NY 10019 913942 0 X WWW.INDEGOAFRICA.ORG X 2006 TX INDEGO AFRICA IS A NONPROFIT ORGANIZATION DEDICATED TO EMPOWERING ARTISAN WOMEN IN AFRICA THROUGH EMPLOYMENT OPPORTUNITIES AND EDUCATION. WE PROVIDE MORE THAN 1,200 WOMEN AND YOUTH IN RWANDA AND GHANA WITH SUSTAINABLE INCOME BY DESIGNING AND SELLING PRODUCTS THAT THEY MAKE BY HAND, AND HELPING THEM DEVELOP THE SKILLS TO SUCCEED IN THE GLOBAL ARTISAN ECONOMY. WE INVEST 100% OF OUR PROFITS FROM PRODUCT SALES, COUPLED WITH GRANTS AND DONATIONS, INTO CUSTOM BUSINESS, LEADERSHIP, AND TECHNOLOGY EDUCATION PROGRAMS FOR OUR ARTISAN PARTNERS AND YOUTH IN THEIR COMMUNITIES. 14 14 5 7 0 0 572032 548977 0 0 100 184 74415 98549 646547 647710 0 0 0 0 251402 265955 0 0 21852 201164 382771 452566 648726 193981 -1016 389230 378510 54200 42503 335030 336007 X INDEGO AFRICA IS A NONPROFIT ORGANIZATION DEDICATED TO EMPOWERING ARTISAN WOMEN IN AFRICA THROUGH EMPLOYMENT OPPORTUNITIES AND EDUCATION. WE PROVIDE MORE THAN 1,200 WOMEN AND YOUTH IN RWANDA AND GHANA WITH SUSTAINABLE INCOME BY DESIGNING AND SELLING PRODUCTS THAT THEY MAKE BY HAND, AND HELPING THEM DEVELOP THE SKILLS TO SUCCEED IN THE GLOBAL ARTISAN ECONOMY. WE INVEST 100% OF OUR PROFITS FROM PRODUCT SALES, COUPLED WITH GRANTS AND DONATIONS, INTO CUSTOM BUSINESS, LEADERSHIP, AND TECHNOLOGY EDUCATION PROGRAMS FOR OUR ARTISAN PARTNERS AND YOUTH IN THEIR COMMUNITIES. 0 0 585590 BUSINESS AND VOCATIONAL TRAINING:OUR BASIC SKILLS TRAINING COURSES ARE PROVIDED IN BOTH RWANDA AND GHANA. BUSINESS TRAINING IS COMPRISED OF A 25-LESSON FOUNDATIONAL BUSINESS SKILLS COURSE WITH TOPICS INCLUDING ORGANIZATIONAL GOVERNANCE, INVOICING, BUDGETING, BOOKKEEPING, TECHNOLOGY, BANK ACCOUNTS, PROFIT AND LOSS, MARKETING, AND QUALITY CONTROL. OUR VOCATIONAL TRAINING PROGRAM PROVIDES YOUNG PEOPLE WITH ARTISAN SKILLS TRAINING AND BUSINESS EDUCATION TO HELP THEM BUILD A CAREER PATH, SECURE EMPLOYMENT, AND ACHIEVE FINANCIAL INDEPENDENCE. 96% OF BUSINESS TRAINING STUDENTS IN RWANDA REPORT THEY HAVE THE KNOWLEDGE AND SKILLS TO PARTICIPATE IN THE MANAGEMENT OF THEIR COOPERATIVES, AND 79% RANK THEIR BUSINESS SKILLS AS GOOD OR EXCELLENT BY THE COMPLETION OF EACH SEMESTER VS. ONLY 10% AT THE BEGINNING OF EACH SEMESTER. IN GHANA, 90% OF STUDENTS HAVE STARTED OR PLAN TO START A NEW BUSINESS. 96% OF VOCATIONAL TRAINING PARTICIPANTS IN RWANDA REPORT THEY HAVE THE KNOWLEDGE AND SKILLS TO SUCCESSFULLY PURSUE A CAREER IN THE ARTISAN SECTOR, WITH 84% OF PARTICIPANTS EARNING INCOME BY THE COMPLETION OF THE PROGRAM VS. ONLY 5% AT THE BEGINNING OF EACH SEMESTER. APPROXIMATELY 79% OF GRADUATES JOIN THE COOPERATIVE THEY TRAINIED WITH. THE OTHER 21% START THEIR OWN COOPERATIVE OR OTHER BUSINESS. MARKET ACCESS:PROVIDING ARTISANS WITH OPPORTUNITIES TO EARN STEADY, SUSTAINABLE INCOME IS A KEY ELEMENT OF INDEGO'S MARKET-BASED IMPACT MODEL AND INTERNATIONAL SUPPLY CHAIN. FROM CONDUCTING QUALITY CONTROL AND FOLLOWING PRODUCT MEASUREMENTS, TO MANAGING TIME AND DEVELOPING BUSINESS PLANS, OUR PRODUCTION TEAMS IN RWANDA AND GHANA HELP REINFORCE OUR PARTNERS' PRACTICAL SKILLS WITH THE ONSITE GUIDANCE AND TRAINING THEY NEED TO CREATE HIGH QUALITY PRODUCTS FOR THE INTERNATIONAL EXPORT MARKET AND SUCCEED IN THE GLOBAL MARKETPLACE. INDEGO AFRICA THEN PLACES PURCHASE ORDERS FOR THE PRODUCTS OUR PARTNERS MAKE BY HAND, SHIPS THE PRODUCTS TO NEW YORK CITY, AND MARKETS AND SELLS THE PRODUCTS BOTH WHOLESALE AND RETAIL TO INTERNATIONAL CLIENTS. IN 2016, WE PLACED $160,000 WORTH OF PURCHASE ORDERS WITH OUR ARTISAN PARTNERS ACROSS RWANDA AND GHANA, 93% OF WHOM REPORTED THAT THEIR INCOME INCREASED THIS YEAR. INDEGO ALSO SOLD NEARLY 12,000 UNITS AND EARNED OVER $380,000 IN SALES REVENUE WHICH WAS INVESTED INTO OUR EDUCATION PROGRAMS. LEADERSHIP TRAINING:THE INDEGO AFRICA LEADERSHIP ACADEMY IS A SIX-MONTH ADVANCED BUSINESS EDUCATION PROGRAM DEDICATED TO BUILDING THE NEXT GENERATION OF POWERFUL BUSINESSWOMEN, LEADERS, AND ENTREPRENEURS IN RWANDA. THE ACADEMY ENROLLS AND TRAINS 25 WOMEN PER SEMESTER WHOSE PROVEN LEADERSHIP AND ENTREPRENEURIAL CAPABILITIES POSITION THEM WELL TO IMPROVE THE MANAGEMENT OF THEIR ARTISAN COOPERATIVES, TAKE GREATER OWNERSHIP OF THE SUPPLY CHAIN, AND CREATE MORE INCOME-GENERATING OPPORTUNITIES FOR ALL OF INDEGO'S ARTISAN PARTNERS. WE INTEGRATE THE USE OF TECHNOLOGY AND THE DEVELOPMENT OF SOFT SKILLS, LIKE PUBLIC SPEAKING AND CONFLICT RESOLUTION, INTO THE ACADEMY'S ADVANCED CURRICULUM ON LEADERSHIP AND BUSINESS MANAGEMENT. THE PROGRAM INCLUDES MODULES ON INVENTORY MANAGEMENT, BUYER COMMUNICATION, ORGANIZATIONAL GOVERNANCE, MARKET AND CUSTOMER ANALYSIS, PRODUCT PRICING, ACCOUNTING, FINANCING STRATEGIES, AND PRODUCT INNOVATION. 100% OF OUR LEADERSHIP ACADEMY STUDENTS REPORT THEY USE THE LESSONS THEY LEARN TO SIGNIFICANTLY IMPROVE THE MANAGEMENT AND PERFORMANCE OF THEIR COOPERATIVES, WITH 74% ASSUMING NEW LEADERSHIP ROLES IN THEIR COOPERATIVES AND COMMUNITIES, INCLUDING COOPERATIVE TREASURER AND VICE PRESIDENT, AND COMMUNITY SECTOR ADVISOR AND YOUTH LEADER. 90% OF OUR GRADUATES ALSO LEAD FORMAL MENTORING SESSIONS AT THEIR COOPERATIVES TO SHARE LESSONS LEARNED AT THE LEADERSHIP ACADEMY WITH CO-WORKERS, A CENTRAL GOAL OF THE PROGRAM AND A TESTAMENT TO THE POWER AND MULTIPLIER EFFECT OF EDUCATING WOMEN. 585590 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 5 1 0 1 RW GH 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NY X X ORGANIZATION 2125063697 51 WEST 52ND STREET SUITE 2300 NEW YORK NY 10019 X MATTHEW T MITRO CHAIRMAN 5.00 X 0 0 0 THOMAS M MITRO DIRECTOR 5.00 X 0 0 0 ZACH KAUFMAN DIRECTOR 2.00 X 0 0 0 TARA ABRAHAMS DIRECTOR 2.00 X 0 0 0 BENJAMIN D STONE VICE CHAIRMAN 5.00 X 0 0 0 STEPHEN G FORESTA DIRECTOR 2.00 X 0 0 0 ALIA TUTOR DIRECTOR 2.00 X 0 0 0 CHRIS BIROSAK DIRECTOR 2.00 X 0 0 0 RYAN LESTER DIRECTOR 2.00 X 0 0 0 STEPHANIE CORDES DIRECTOR 2.00 X 0 0 0 SELOM TETTEH DIRECTOR 2.00 X 0 0 0 KATHERINE CROST DIRECTOR 2.00 X 0 0 0 KAREN YELICK CEO/DIRECTOR 40.00 X 0 0 0 JOSEPH OWENS CFO/DIRECTOR 20.00 X 0 0 0 0 0 0 0 0 0 0 0 5494 543483 548977 184 184 5097 5494 5097 0 359684 261135 98549 98549 647710 98549 0 184 243584 214354 12629 16601 5918 5212 520 186 16453 14505 597 1351 25000 25000 17815 14807 3008 4670 4436 234 8818 8818 7395 7025 370 3242 1945 1297 BUSINESS AND VOCATIONAL 184259 184259 MARKET ACCESS 74441 74441 LEADERSHIP TRAINING 46479 46479 LICENSES AND PERMITS 6711 5368 1007 336 3941 3941 648726 585590 41284 21852 252710 264943 5000 32192 20367 100844 84681 3484 3519 389230 378510 24200 37503 30000 5000 54200 42503 X 120603 118298 214427 217709 335030 336007 389230 378510 X -1016 1993 X X 0 1 X 1 0 X 234590 327373 360416 575727 591574 2089680 234590 327373 360416 575727 591574 2089680 2089680 352 303 1 100 184 940 106438 57507 26368 74415 98549 363277 2453897 0.85160 0.83820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 654800 1993 1993 652807 -5097 -5097 647710 653823 5097 5097 648726 0 648726 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAIN INCOME TAX POSITIONS, WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS INCOME TAX RETURNS. THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNRECOGNIZED TAX BENEFITS THAT WILL SIGNIFICANTLY INCREASE OR DECREASE OVER THE NEXT TWELVE MONTHS, NOR HAS THE ORGANIZATION INCURRED ANY INTEREST OR PENALTIES RELATED TO INCOME TAX EXPENSE DURING THE YEAR ENDED DECEMBER 31, 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: CURRENCY EXCHANGE GAIN 1,993. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING COSTS -5,097. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING COSTS 5,097. RWANDA AND GHANA 2 8 PROGRAM SERVICES TRAINING AND MARKET ACCESS 623090 2 8 0 0 2 8 623090 0 623090 0 0 1 0 0 0 FORM 990, PART V, LINE 13A NY FORM 990, PART VI, SECTION A, LINE 2 MATTHEW MITRO, CHAIRMAN OF THE BOARD OF DIRECTORS, IS THE SON OF THOMAS MITRO, MEMBER OF THE BOARD OF DIRECTORS. MATTHEW MITRO AND THOMAS MITRO WERE ELECTED BY A VOTE OF THE FULLY-INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B DRAFT VERSIONS OF THE FORM 990 AND ALL UNDERLYING FINANCIAL STATEMENTS HAVE BEEN PROVIDED TO MANAGEMENT AND THE FINANCE COMMITTEE PRIOR TO FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH ITS CONFLICTS OF INTEREST POLICY, THE ORGANIZATION SURVEYS ALL MEMBERS OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS AS TO ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE DETERMINATION OF THE CEO'S SALARY WAS CARRIED OUT BY A QUORUM OF FULLY-INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. IN ADDITION, A DETAILED STUDY AND ANALYSIS OF COMPENSATION FOR CEOS OF SIMILAR EXPERIENCE WORKING FOR ORGANIZATIONS OF A SIMILAR SIZE AND MISSION WAS UNDERTAKEN. THE DECISION AND THE PROCESS UNDERLYING IT WAS CERTIFIED BY A RESOLUTION OF THE FULLY-INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, ACCOMPANIED BY MINUTES DOCUMENTING THE DELIBERATION AND DISCUSSION. FORM 990, PART VI, SECTION C, LINE 19 ALL INTERNAL POLICIES, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND PUBLIC FILINGS OF THE ORGANIZATION ARE DISCLOSED TO THE PUBLIC ON INDEGO AFRICA'S WEBSITE, AVAILABLE AT WWW.INDEGOAFRICA.ORG/FINANCE-AND-GOVERNANCE. FORM 990, PART XI, LINE 9: CURRENCY EXCHANGE GAIN 1,993. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.