2015-08-11T09:43:20-05:00 2014-12-31 420714325 MCGLADREY LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2014-01-01 132626135 TECHNOSERVE INC TECH 2027854515 1120 19TH STREET NW 8TH FLOOR WASHINGTON DC 20036 WILLIAM WARSHAUER PRESIDENT & CEO 2027854515 2015-08-11 1 YONG ZHANG CPA P01249785 7033366400 2014 2016-02-25 16:41:14Z X WILLIAM WARSHAUER 1120 19TH STREET NW 8TH FLOOR WASHINGTON DC 20036 76809369 0 X WWW.TECHNOSERVE.ORG X 1969 NY TECHNOSERVE HELPS ENTERPRISING MEN AND WOMEN IN POOR AREAS OF THE DEVELOPING WORLD. 25 25 175 93 0 0 79834820 76304736 533 4982 159168 397601 187455 102050 80181976 76809369 4049644 4190302 0 0 36158461 36895295 277655 204389 1596278 34162933 35160019 74648693 76450005 5533283 359364 59258500 68802436 50095127 59396571 9163373 9405865 X WE WORK WITH ENTERPRISING PEOPLE IN THE DEVELOPING WORLD TO BUILD COMPETITIVE FARMS, BUSINESSES AND INDUSTRIES. 0 0 65780151 4190302 4982 TECHNOSERVE DEVELOPS BUSINESS SOLUTIONS TO POVERTY BY LINKING PEOPLE TO INFORMATION, CAPITAL AND MARKETS. IT HELPS GROW STRONG MARKETS THAT CREATE INCOME, JOBS AND WEALTH FOR POOR PEOPLE IN THE DEVELOPING WORLD. TECHNOSERVE'S PROGRAMS ADDRESS MARKET INEFFICIENCIES IN THREE PRIMARY WAYS: THEY DEVELOP CAPACITY BY HELPING INDIVIDUALS AND COMMUNITIES ACQUIRE SKILLS, SHARE KNOWLEDGE AND APPLY TECHNOLOGIES NEEDED TO BUILD SUCCESSFUL FARMS AND BUSINESSES; THEY STRENGTHEN MARKET CONNECTIONS BY COORDINATING AMONG INDUSTRY PLAYERS AND CONNECTING EMERGING BUSINESSES AND FARMS TO CAPITAL, NETWORKS AND SUPPLIERS; AND THEY IMPROVE THE BUSINESS ENVIRONMENT BY ADDRESSING THE POLICIES, INFORMATION AND INCENTIVES THAT HELP MARKETS FUNCTION BETTER AND ENCOURAGE SELF-SUSTAINING ECONOMIC ACTIVITY. IN 2014, TECHNOSERVE ASSISTED 325,152 FARMERS TO INCREASE THEIR REVENUES BY MORE THAN $37.8 MILLION; SUPPORTED 2,986 BUSINESSES TO GENERATE INCREMENTAL REVENUES OF MORE THAN $16.5 MILLION; AND SUPPORTED GROWTH THAT LED TO THE CREATION OF 5,610 JOBS PAYING MORE THAN $6.9 MILLION IN WAGES. OVERALL, THESE INCOME SOURCES BENEFITED 1.7 MILLION PEOPLE IN 29 COUNTRIES THROUGHOUT AFRICA, LATIN AMERICA AND ASIA. RECOGNIZING THAT ACCESS TO FINANCE IS A SIGNIFICANT BARRIER FOR SMALLHOLDERS AND ENTREPRENEURS IN THE DEVELOPING WORLD, TECHNOSERVE HELPED MOBILIZE NEARLY $23.9 MILLION IN FINANCING TO FARMERS AND BUSINESSES IN 2014. TECHNOSERVE ALSO CONTINUED FOCUSING ON ITS COMMITMENT TO ENGAGE AND BENEFIT WOMEN ACROSS ALL OF ITS PROGRAMS, WITH WOMEN ACCOUNTING FOR 32 PERCENT OF ALL BENEFICIARIES IN 2014.IN EAST AFRICA, TECHNOSERVE EXPANDED ITS EFFORTS TO ADDRESS YOUTH UNEMPLOYMENT BY LAUNCHING THE SECOND PHASE OF THE SUCCESSFUL STRENGTHENING RURAL YOUTH DEVELOPMENT THROUGH ENTERPRISE PROGRAM (STRYDE); MORE THAN 10,400 YOUNG MEN AND WOMEN PARTICIPATED IN STRYDE TRAINING IN 2014, BUILDING THE SKILLS THEY NEED TO START SMALL BUSINESSES, SECURE FORMAL JOBS OR EXPLORE OPPORTUNITIES IN AGRICULTURE. IN WEST AND SOUTHERN AFRICA, TECHNOSERVE EXPANDED ITS ENTERPRISE DEVELOPMENT WORK INTO TWO NEW LOCATIONS - BENIN AND BOTSWANA - TO SUPPORT THOUSANDS OF ENTREPRENEURS IN GROWING THEIR BUSINESSES AND CREATING SUSTAINABLE JOBS IN THEIR COMMUNITIES. IN LATIN AMERICA, TECHNOSERVE WORKED WITH PERUVIAN FARMERS AND BUSINESSES TO DEVELOP THE COFFEE AND COCOA VALUE CHAINS AS SUSTAINABLE, LEGAL AND PROSPEROUS ALTERNATIVES TO COCO PRODUCTION, GENERATING MORE THAN $3.7 MILLIONS IN INCREMENTAL REVENUE. AND IN ASIA, TECHNOSERVE HELPED FARMERS IN THE RATNAGIRI REGION OF INDIA INCREASE THEIR INCOMES BY IMPROVING THE PRODUCTIVITY AND QUALITY OF THEIR CASHEW NUT AND FRUIT CROPS. 65780151 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 X 72 0 1 175 1 0 1 CI CO ES UK GH GT HO KE MZ NU WZ PE RW SF TZ UG ZA IV NI ET ZI MX BN BR BC HA IN MI OD 0 0 0 0 0 0 0 0 X 25 25 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC FL GA IL IN IA KS KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X X X NINA PENA 2027854515 1120 19TH ST NW 8TH FL WASHINGTON DC 20036 PAUL E TIERNEY CHAIRMAN 10.00 X X 0 0 0 JOHN B CARON VICE CHARMAIN 3.00 X X 0 0 0 PETER A FLAHERTY VICE CHARMAIN 2.50 X X 0 0 0 JENNIFER BULLARD BROGGINI SECRETARY 3.00 X X 0 0 0 SUZANNE NORA JOHNSON TREASURER 3.00 X X 0 0 0 GERALD BALDWIN DIRECTOR 1.50 X 0 0 0 THOMAS C BARRY DIRECTOR 1.00 X 0 0 0 TITUS BRENNINKMEIJER DIRECTOR 1.00 X 0 0 0 MICHAEL J BUSH DIRECTOR 2.50 X 0 0 0 ROBERT B CALHOUN DIRECTOR 1.00 X 0 0 0 ALAN COHEN DIRECTOR 2.00 X 0 0 0 LAURA CORB DIRECTOR 1.00 X 0 0 0 RUSSELL FAUCETT DIRECTOR 1.00 X 0 0 0 C BARROWS HALL DIRECTOR 1.00 X 0 0 0 HARVEY HELLER DIRECTOR 1.00 X 0 0 0 RACHEL HINES DIRECTOR 2.00 X 0 0 0 BRUCE HEEREMA DIRECTOR 2.00 X 0 0 0 AEDHMAR HYNES DIRECTOR 1.00 X 0 0 0 CHARLIE MOORE DIRECTOR 1.00 X 0 0 0 MICHELLE PELUSO DIRECTOR 2.00 X 0 0 0 KURT C PETERSON DIRECTOR 2.00 X 0 0 0 BETH BROOKE-MARCINIAK DIRECTOR 1.00 X 0 0 0 OKEY ENELAMAH DIRECTOR 1.00 X 0 0 0 MEGHAN O'SULLIVAN DIRECTOR 1.00 X 0 0 0 SCOTT PORTNOY DIRECTOR 1.00 X 0 0 0 JERRY RIESSEN DIRECTOR 1.00 X 0 0 0 WILLIAM WARSHAUER PRESIDENT & CEO 40.00 X 132272 0 14967 GEORGE SCHUTTER CFO 40.00 X 227572 0 53134 STACEY DAVES-OHLIN GENERAL COUNSEL/ASSISTANT SECRETARY 40.00 X 188332 0 25856 TIMOTHY MCLELLAN COO 40.00 X 300468 0 56148 SIMON WINTER SENIOR VP DEVELOPMENT 40.00 X 231471 0 56272 AGNIESZKA ZIEMINSKA YANK VP, HR 40.00 X 184239 0 57945 DAVID BROWNING SVP 40.00 X 226447 0 28447 JOHN KEIGHTLEY VP, DEVELOPMENT & COMMUNICATIONS 40.00 X 187994 0 47187 BRENT HABIG REGIONAL DIRECTOR 40.00 X 352500 0 42002 JOHN WALTER COUNTRY DIRECTOR 40.00 X 304160 0 36538 KINDRA HALVORSON REGIONAL DIRECTOR 40.00 X 292229 0 42720 CHRIS DONOHUE DEPUTY RD-EA 40.00 X 286169 0 37296 ROBIN PADBERG COUNTRY DIRECTOR 40.00 X 245214 0 34482 3159067 0 532994 61 0 1 0 MCGLADREY LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 AUDITING SERVICES 168860 NEGUS ASSOCIATES 1725 I STREET NW STE 300-4 WASHINGTON DC 20006 CONSULTING SERVICES 124750 KPMG LLP P O BOX 12001 DEPT 0906 DALLAS TX 75312 CONSULTING SERVICES 113745 IAN CRAIG MACKAY 3333 N STREET NW APT 7 WASHINGTON DC 20007 CONSULTING SERVICES 102240 4 21711994 54592742 10305524 76304736 PROJECT FEES 900099 4982 4982 4982 107641 107641 289960 0 289960 289960 289960 OTHER INCOME 900099 102050 102050 102050 76809369 4982 0 499651 X 4190302 4190302 2534650 1126832 1214683 193135 22546466 19701312 2493742 351412 1530917 1271322 226357 33238 8700105 7376437 1151121 172547 1583157 1314703 234081 34373 386852 272010 114842 319027 140700 178327 204389 204389 12557106 11110703 975110 471293 211368 207695 3673 2514592 2229444 262180 22968 1897027 1667130 222475 7422 1991096 1308913 682183 6471917 6013282 414715 43920 1081 1081 713649 656780 56869 279756 58860 220896 OPERATIONS 4792971 4113824 618170 60977 AUTO EXPENSES 3023577 3018821 4152 604 76450005 65780151 9073576 1596278 12294 32568 46507583 51448362 7645438 11072314 1175435 1978840 18163 18404 1338791 1788923 9749395 7688258 2283979 2061137 276817 401888 59258500 68802436 2636265 3531731 44352078 52822095 3106784 3042745 50095127 59396571 X 5985461 7533722 3177912 1872143 9163373 9405865 59258500 68802436 X 359364 -342 -116530 X X 0 1 X 1 1 1 X 52080913 55744636 68638303 79915320 76304736 332683908 52080913 55744636 68638303 79915320 76304736 332683908 56505146 276178762 255376 102748 87963 89405 107641 643133 184477 201840 230084 215713 102050 934164 334261205 149635 0.82620 0.77560 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2010 AMOUNT: $ 184,477. 2011 AMOUNT: $ 201,840. 2012 AMOUNT: $ 230,084. 2013 AMOUNT: $ 215,713. 2014 AMOUNT: $ 102,050. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 556339 174704 381635 7337010 6325070 1011940 1856046 1188484 667562 2061137 ACCRUED EMPLOYEE BENEFITS 3042745 3042745 X 79589982 -342 2796570 -15615 2780613 76809369 0 76809369 79246575 2796570 2796570 76450005 0 76450005 PART X, LINE 2: TECHNOSERVE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, TECHNOSERVE HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION. INCOME, WHICH IS NOT RELATED TO ITS EXEMPT PURPOSE, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. TECHNOSERVE HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2014. MANAGEMENT HAS EVALUATED TECHNOSERVE'S TAX POSITIONS AND HAS CONCLUDED THAT TECHNOSERVE HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE. TECHNOSERVE FILES TAX RETURNS IN THE U.S. FEDERAL AND WASHINGTON, D.C. JURISDICTIONS. GENERALLY, TECHNOSERVE IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON EXCHANGE -15,615. 1 CENTRAL AMERICA AND THE CARIBBEAN 5 190 PROGRAM SERVICE AG ASSISTANCE 9548384 CENTRAL AMERICA AND THE CARIBBEAN GRANTMAKING 318215 NORTH AMERICA 2 79 PROGRAM SERVICE AG ASSISTANCE 2911960 SOUTH AMERICA 4 32 PROGRAM SERVICE AG ASSISTANCE 5181074 SOUTH AMERICA GRANTMAKING 1222902 SOUTH ASIA 1 64 PROGRAM SERVICE AG ASSISTANCE 1532394 SOUTH ASIA GRANTMAKING 6004 SUB-SAHARAN AFRICA 17 1068 PROGRAM SERVICE AG ASSISTANCE 42416037 SUB-SAHARAN AFRICA GRANTMAKING E038380 - 06/02/15 02:28PM WORKSHEET SCHEDULE F 2643181 29 1433 0 0 29 1433 63136970 2643181 65780151 CENTRAL AMERICA AND THE CARIBBEAN 51001 - BPC AWARDS/PRIZES / 51002 - BPC AFTER CARE 15000 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 51003 - SEED CAPITAL 100000 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 52001 - LOCAL NGO'S 36000 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 52002 - INTERNATIONAL NGO'S 32109 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 52003 - LOCAL INSTITUTIONS 6266 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 51001 - BPC AWARDS/PRIZES 28982 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 52002 - INTERNATIONAL NGO'S 64283 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 52003 - LOCAL INSTITUTIONS 29720 WIRE TRANSFER / CHECKS SOUTH AMERICA 51003 - SEED CAPITAL 33456 WIRE TRANSFER / CHECKS SOUTH AMERICA 52003 - LOCAL INSTITUTIONS 32749 WIRE TRANSFER / CHECKS SOUTH AMERICA 52002 - INTERNATIONAL NGO'S 6155 WIRE TRANSFER / CHECKS SOUTH AMERICA 52003 - LOCAL INSTITUTIONS 1150469 WIRE TRANSFER / CHECKS SOUTH ASIA 52001 - LOCAL NGO'S 6004 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51003 - SEED CAPITAL 314504 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51002 - BPC AFTER CARE 8196 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51003 - SEED CAPITAL 37678 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51001 - BPC AWARDS/PRIZES 34382 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51003 - SEED CAPITAL 6288 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 143209 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51004 - OTHER DISBURSEMENTS 465066 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52002 - INTERNATIONAL NGO'S 635597 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 75042 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51003 - SEED CAPITAL 80779 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51004 - OTHER DISBURSEMENTS 207501 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 409998 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51004 - OTHER DISBURSEMENTS 13973 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51001 - BPC AWARDS/PRIZES 12381 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52001 - LOCAL NGO'S 131637 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52002 - INTERNATIONAL NGO'S 50616 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 16335 WIRE TRANSFER / CHECKS 30 0 0 1 0 0 0 0 PART I, LINE 2: TECHNOSERVE MAINTAINS OFFICES IN TWENTY-NINE COUNTRIES WHERE PROGRAMS/PROJECTS ARE CONDUCTED. EACH OFFICE MAINTAINS ACCOUNTING RECORDS TO RECORD THE USE OF ALL FUNDS PROVIDED. A SYSTEM OF INTERNAL CONTROLS EXISTS TO ENSURE THAT ALL TRANSACTIONS ARE RECORDED PROPERLY. ADDITIONALLY, TECHNOSERVE CONDUCTS INTERNAL AUDITS AND REVIEWS TO ENSURE THAT CONTROLS ARE FOLLOWED AND TRANSACTIONS ARE PROPERLY RECORDED. PART I, LINE 3: THE ORGANIZATION USES GAAP TO REPORT EXPENDITURES IN A FOREIGN REGION. X X X X X X 1 MAL WARWICK 2550 NINTH STREET SUITE 103 BERKELEY CA 94710 DIRECT MAIL CAMPAIGN 0 978914 182926 795988 PUBLIC INTEREST COMMUNICATIONS 7700 LEESBURG PIKE 301 FALLS CHURCH VA 22043 TELEMARKETING 0 14420 15013 -593 COVENANT CALLS 1539 FALL RIVER AVE SUITE 3 SEEKONK MA 02771 MAJOR DONOR AND PLANNED GIVING DONOR PROSPECT IDENTIFICATION 0 0 6450 -6450 993334 204389 788945 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY SCHEDULE G, PART I, LINE 2 MAL WARWICK WAS RETAINED AS FUNDRAISING COUNSEL FOR TECHNOSERVE'S DIRECT MAIL & PRINTING PROGRAM. ALL CONTRIBUTIONS ARE DELIVERED DIRECTLY TO TECHNOSERVE. TECHNOSERVE PAYS MAL WARWICK DIRECTLY FOR ITS ADVISORY AND PRINTING SERVICES. X X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 GEORGE SCHUTTER CFO 226445 0 0 0 1127 0 27847 0 25287 0 280706 0 0 0 STACEY DAVES-OHLIN GENERAL COUNSEL/ASSISTANT SECRETARY 105734 0 0 0 82598 0 11013 0 14843 0 214188 0 0 0 TIMOTHY MCLELLAN COO 299101 0 0 0 1367 0 31821 0 24327 0 356616 0 0 0 SIMON WINTER SENIOR VP DEVELOPMENT 230104 0 0 0 1367 0 28575 0 27697 0 287743 0 0 0 AGNIESZKA ZIEMINSKA YANK VP, HR 183112 0 0 0 1127 0 23720 0 34225 0 242184 0 0 0 DAVID BROWNING SVP 225320 0 0 0 1127 0 26445 0 2002 0 254894 0 0 0 JOHN KEIGHTLEY VP, DEVELOPMENT & COMMUNICATIONS 186867 0 0 0 1127 0 21245 0 25942 0 235181 0 0 0 BRENT HABIG REGIONAL DIRECTOR 172089 0 0 0 180411 0 20244 0 21758 0 394502 0 0 0 JOHN WALTER COUNTRY DIRECTOR 212905 0 0 0 91255 0 22005 0 14533 0 340698 0 0 0 KINDRA HALVORSON REGIONAL DIRECTOR 169430 0 0 0 122799 0 20964 0 21756 0 334949 0 0 0 CHRIS DONOHUE DEPUTY RD-EA 126777 0 0 0 159392 0 15834 0 21462 0 323465 0 0 0 ROBIN PADBERG COUNTRY DIRECTOR 143664 0 0 0 101550 0 13402 0 21080 0 279696 0 0 0 PART I, LINE 1A TECHNOSERVE WILL PROVIDE APPROPRIATE AND REASONABLE HOUSING FOR CERTAIN STAFF (EXPATRIATE OR THIRD COUNTRY NATIONAL EMPLOYEES WORKING OVERSEA.) TECHNOSERVE WILL NOT COVER THE COSTS OF UTILITIES OR HOUSEHOLD HELP. TECHNOSERVE WILL DIRECTLY EMPLOY SECURITY STAFF AS APPROPRIATE. THE VP OF HR WILL DETERMINE A REASONABLE REIMBURSABLE AMOUNT FOR MONTHLY RENT BUT IT MAY NOT EXCEED 30% OF ANNUAL BASE SALARY OR, IF APPLICABLE, THE MAXIMUM USAID ALLOWANCE AT THAT LOCATION. ANY OTHER SPECIAL HOUSING COSTS WHICH MAY ARISE MUST BE APPROVED BY THE VP OF HR. US EXPATRIATES SHOULD NOTE THAT HOUSING ALLOWANCES ARE CONSIDERED EARNED INCOME AND ARE, THEREFORE, SUBJECT TO US SOCIAL SECURITY AND INCOME TAXES. BELOW ARE EMPLOYEES LISTED ON PART VII WHO RECEIVED HOUSING ALLOWANCE DURING THE YEAR: BRENT HABIG $57,000 JOHN WALTER $18,000 KINDRA HALVORSON $79,200 CHRIS DONOHUE $33,831 ROBIN PADBERG $22,750 ANNUAL TRAVEL ALLOWANCE: TECHNOSERVE WILL ASSIST THE EMPLOYEE (EXPATRIATE OR THIRD COUNTRY NATIONAL EMPLOYEE WORKING OVERSEAS) AND THEIR FAMILY RESIDING AT POST (UP TO A MAXIMUM AGE OF 18) WITH AN ANNUAL ALLOWANCE (TO ASSIST WITH ONE TRIP ONLY), SHOULD THEY DECIDE TO TAKE TIME AWAY FROM THEIR POST. THIS ALLOWANCE IS PAID BASED ON ACTUAL EXPENSES INCURRED, UP TO CERTAIN LIMITS. THE MAXIMUM ANNUAL REIMBURSABLE AMOUNT IS $1750 PER ELIGIBLE EMPLOYEE AND/OR DEPENDENT: THESE ALLOWANCES APPLY TO EITHER ECONOMY CLASS AIRFARE OR THE REIMBURSEMENT OF MILEAGE FOR EMPLOYEES. LIKE OTHER ALLOWANCES, THIS PAYMENT MAY BE SUBJECT TO TAXATION. THE FOLLOWING EMPLOYEES RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS, WHICH ARE TAXABLE: BRENT HABIG $54,627 JOHN WALTER $64,638 KINDRA HALVORSON $42,000 PART I, LINE 4A STACEY DAVES-OHLIN RECEIVED $81,542 SEVERANCE PAYMENT IN CONNECTION WITH HER SEPARATION FROM THE ORGANIZATION. X 17 55147 FMV X GOV'T FOOD 2 10250377 SELLING PRICE 0 1 1 PART I, LINE 32B: TECHNOSERVE HIRED A CONTRACTOR/SALES AGENT TO HELP WITH THE TENDER AND SELLING PROCESS OF EACH OF THE SHIPMENTS OF THE COMMODITY DONATED BY U.S.DEPARTMENT OF AGRICULTURE. FORM 990, PART VI, SECTION A, LINE 4 TECHNOSERVE AMENDED ITS CERTIFICATE OF INCORPORATION TO CHANGE ITS ORGANIZATIONAL STRUCTURE TO BE A CORPORATION WITH NO MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS PREPARED AND REVIEWED INTERNALLY BY SENIOR MANAGEMENT AND PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. THE FINAL FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TECHNOSERVE'S CONFLICT OF INTEREST POLICY REQUIRES EACH DIRECTOR, OFFICER AND KEY EMPLOYEE TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AND RECUSE HIS/HER SELF FROM ANY INVOLVEMENT IN A DECISION IN WHICH THE INDIVIDUAL HAS OR MAY HAVE A CONFLICT OF INTEREST. ON AN ANNUAL BASIS, EACH DIRECTOR, OFFICER AND KEY EMPLOYEE IS REQUIRED TO COMPLETE A STATEMENT THAT INCLUDES AN ACKNOWLEDGEMENT THAT THE INDIVIDUAL HAS READ AND UNDERSTANDS THE POLICY, AGREES TO ABIDE BY THE POLICY AND DISCLOSES ANY CONFLICTS. IN ADDITION, THE ORGANIZATION HAS A POLICY THAT CLARIFIES THE PROCESS IN WHICH EMPLOYEES, VOLUNTEERS AND CONSULTANTS MAY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE VP OF HR CONDUCTS REVIEWS OF COMPENSATION INCLUDING BENCHMARKING AGAINST OTHER NON-PROFIT ORGANIZATIONS. SENIOR MANAGEMENT SALARIES AND INCREASES ARE PRESENTED TO AND SUBJECT TO APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE ORGANIZATION'S MOST RECENT FORM 990 IS ALSO AVAILABLE ON ITS WEBSITE AT WWW.TECHNOSERVE.ORG. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 11,110,703. MANAGEMENT AND GENERAL EXPENSES 975,110. FUNDRAISING EXPENSES 471,293. TOTAL EXPENSES 12,557,106. FORM 990, PART XI, LINE 9: LOSS ON EXCHANGE -15,615. CURRENCY TRANSLATION ADJUSTMENT -100,915. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. FORM 990, PART I, LINE 5 TECHNOSERVE WORLDWIDE NUMBER OF EMPLOYEES DURING THE 2014 IS 1,433, PART I LINE 5 SHOWS 175, FOR WHICH THE ORGANIZATION HAS ISSUED CORRESPONDING W-2S. FOUNDACION TECHNOSERVE CALLE 75 NO 3-15 BOGOTA CO DEVELOPMENT CO FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 INVESTMENT TRUST PO BOX 663 EZULWINI WZ H 106 TRUST WZ FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 TECHNOSERVE BENIN LOP P4 LES COCOTIERS COTONOU BN DEVELOPMENT BN FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 TECHNOSERVE BRAZIL RUA ANTONIO LOUREIRO 346 SALA 06 SAO PAULO BR 04376-110 DEVELOPMENT BR FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 TECHNOSERVE CHILE OFFICE D PROVIDENCIA SANTIAGO DE HUELEN CI 191 DEVELOPMENT CI FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 TECHNOSERVE COTE D'IVOIRE FACE POLYCLINIQUE II PLATEAUX LLOT ABIDAN IV DEVELOPMENT IV FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 TECHNOSERVE ETHIOPIA PO BOX 100598 ADDIS ABABA ET DEVELOPMENT ET FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 TECHNOSERVE EUROPE 54 COMMERCIAL STREET LONDON UK E16LT DEVELOPMENT UK FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 TECHNOSERVE INDIA UNIT 6 NEERU SILK MILLS MATHURADA MUMBAI IN 400013 DEVELOPMENT IN FOREIGN NGO FOREIGN NGO TECHNOSERVE INC 1 TECHNOSERVE MEXICO ALVARO OBREGON 270 OFF 215 COL H DEL. 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