Innovation Africa
- Assets
- $6.1m
- Revenue
- $16.3m
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 01/2009
- Data as of
- 12/2021
- EIN
- 33-1186746
Organization Overview
Innovation Africa is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovation Africa is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Innovation Africa generated $16.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.0% each year . All expenses for the organization totaled $15.6m during the year ending 12/2021. While expenses have increased by 42.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE LIVES OF NEARLY 3 MILLION PEOPLE IN RURAL AFRICAN VILLAGES BY PROVIDING SUSTAINABLE, SOLAR-TECHNOLOGY, INCLUDING SOLAR-POWERED PUMPING SYSTEMS TO BRING CLEAN WATER TO ENTIRE VILLAGES AND ENERGY TO POWER SCHOOLS, MEDICAL CLINICS, AND ORPHANAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ITS EMPLOYEES IN FOREIGN COUNTRIES, AND RESOURCES DEPLOYED THROUGH ITS MANAGEMENT COMPANY, INNOVATION: AFRICA ISRAEL, INNOVATION: AFRICA BRINGS ISRAELI SOLAR, WATER, AND AGRICULTURAL TECHNOLOGIES TO RURAL AFRICAN VILLAGES. USING SOLAR ENERGY, WE PROVIDE ELECTRICITY TO POWER SCHOOLS AND ORPHANAGES ALLOWING STUDENTS TO STUDY AT NIGHT AND HAVE ACCESS TO COMPUTERS, AND WE ELECTRIFY MEDICAL CENTERS, ENABLING THEM TO WORK IN THE DARK AND PROVIDE PROPER HEALTHCARE TO THE COMMUNITIES. WE ALSO SUPPLY MEDICAL CENTERS WITH REFRIGERATION FOR THE SAFE STORAGE OF MEDICINES AND VACCINATIONS. THE SOLAR-POWERED WATER PUMPS INSTALLED IN THE VILLAGES ALLOW FOR THE PRODUCTION OF ENERGY TO PUMP SAFE, CLEAN WATER FROM DEEP BELOW THE GROUND IN THE AQUIFERS, AND MAKE IT AVAILABLE YEAR-ROUND. EACH WATER PUMP PROVIDES RURAL COMMUNITIES WITH OVER 30,000 LITERS OF CLEAN WATER PER DAY. THE IMPACT OF CLEAN WATER AND POWER INCLUDES IMPROVED COMMUNITY HEALTH; BETTER EDUCATION FOR CHILDREN AND ENTREPRENEURIAL OPPORTUNITIES FOR WOMEN WHO NO LONGER NEED TO SPEND THEIR DAYS TREKKING FAR TO FETCH WATER. OVERALL, COMMUNITIES ARE ABLE TO FLOURISH WITH THE ADDITION OF CLEAN WATER AND ELECTRICITY. INNOVATION: AFRICA ALSO BRINGS A UNIQUELY ISRAELI AGRICULTURAL INNOVATION, DRIP IRRIGATION, WHICH ENABLES THE GROWTH OF MORE FOOD WITH LESS WATER, EXTENDS THE GROWING SEASON, PREVENTS HUNGER AND CREATES REVENUE-GENERATING OPPORTUNITIES. WE BELIEVE THE CORE OF EACH PROJECT IS TO CREATE LONG-LASTING AND SUSTAINABLE SOLUTIONS, AND OUR ENGINEERS DEVELOPED A REMOTE MONITORING TECHNOLOGY TO DETECT SYSTEM FAILURES AND TRAIN LOCAL RESIDENTS TO REPAIR EQUIPMENT SO THAT VILLAGES ARE NEVER LEFT IN THE DARK OR WITHOUT WATER. THROUGHOUT 2021, INNOVATION: AFRICA PROVIDED SOLAR ENERGY AND CLEAN WATER TO 188 VILLAGES, IMPACTING THE LIVES OF NEARLY 1 MILLION PEOPLE FROM UGANDA, TANZANIA, MALAWI, CAMEROON, SOUTH AFRICA AND ZAMBIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Gimpel CFO | Officer | 37 | $180,000 |
Steve Tepper Chairman | OfficerTrustee | 1 | $0 |
Ambassador Isaiah Chabala Secretary | OfficerTrustee | 1 | $0 |
Sivan Ya'ari Ceo/treasurer | Officer | 37 | $0 |
Andrew Fine Director | Trustee | 1 | $0 |
Jason T Hirsch Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hancolodi Pty Ltd Construction | 12/30/21 | $2,062,364 |
Innovation Africa Israel Administrative | 12/30/21 | $2,225,204 |
Enve Engineering Consults Ug Ltd Consulting | 12/30/21 | $412,119 |
Acsolar Energy Ltd Construction | 12/30/21 | $1,640,146 |
Manti-lashibihile Drilling Pty Ltd Construction | 12/30/21 | $1,256,060 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,312,901 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,312,901 |
| Total Program Service Revenue | $0 |
| Investment income | $27,357 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,340,258 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,564,378 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,000 |
| Compensation of current officers, directors, key employees. | $180,000 |
| Compensation to disqualified persons | $383,000 |
| Other salaries and wages | $821,271 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,450 |
| Payroll taxes | $51,713 |
| Fees for services: Management | $2,225,204 |
| Fees for services: Legal | $3,488 |
| Fees for services: Accounting | $99,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,492 |
| Advertising and promotion | $112,083 |
| Office expenses | $34,582 |
| Information technology | $43,540 |
| Royalties | $0 |
| Occupancy | $27,926 |
| Travel | $287,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,805 |
| Insurance | $2,378 |
| All other expenses | $0 |
| Total functional expenses | $15,566,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,681,397 |
| Savings and temporary cash investments | $412,637 |
| Pledges and grants receivable | $85,267 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $61,643 |
| Net Land, buildings, and equipment | $366,852 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $446,924 |
| Total assets | $6,054,720 |
| Accounts payable and accrued expenses | $849,298 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $849,298 |
| Net assets without donor restrictions | $2,073,046 |
| Net assets with donor restrictions | $3,132,376 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,054,720 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Innovation Africa has recieved totaling $244,900.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $83,500 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: INTERNATIONAL HUMANITARIAN PROGRAMS | $65,000 |
Joyce & Irving Goldman Family Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Associated Jewish Charities Of Baltimore Baltimore, MD PURPOSE: GENERAL SUPPORT | $20,000 |
Chauncey F Lufkin Iii Foundation North Palm Beach, FL PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
Fjc New York, NY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Citihope International Inc Margaretsville, NY | $17,709,063 | $34,849,219 |
American Jewish World Service Inc New York, NY | $71,781,906 | $45,997,172 |
Pro Mujer Inc New York, NY | $221,412,399 | $46,513,948 |
End Fund Inc New York, NY | $37,486,570 | $35,034,243 |
Mass Design Group Boston, MA | $18,857,873 | $26,613,676 |
International Planned Parenthood Federation New York, NY | $125,289,147 | $35,794,628 |
Hope International Lancaster, PA | $24,473,719 | $28,112,600 |
International School Of Kenya Foundation Inc Princeton, NJ | $4,652,722 | $24,555,345 |
Trustees Of Robert College Of Istanbul New York, NY | $10,685,892 | $20,101,446 |
American School In London Foundation Princeton, NJ | $2,370,011 | $19,085,987 |
American Community School At Beirut -Lebanon New York, NY | $38,176,805 | $18,283,695 |
Global Hunger Project New York, NY | $18,451,641 | $18,515,873 |