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Harambe Endeavor Alliance

EIN 90-0519137 · Concord, NH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceGood76 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE HARAMBE ENTREPRENEUR ALLIANCE IS A NETWORK OF HIGHLY EDUCATED YOUNG AFRICAN ENTREPRENEURS WHO ARE SPEARHEADING SOCIAL AND BUSINESS VENTURES ACROSS AFRICA WITH THE GOAL OF PROMOTING BUSINESS VENTURES AND SOCIALLY RESPONSIBLE PROJECTS.

Income
$358,532
Spending
$497,237
Spent on programs
80%
Reserves
55.6 months of spending
Largest source of income
donations and private grants, 52%
Employees
0
Volunteers
7
Highest pay
$84,960, director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 70 out of 100. Higher than 38% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 55.6 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 39% of income.

  • Income trend

    0 of 15

    Income fell 46% on the year before.

  • Spending floor

    15 of 15

    80% of spending went to programs and raising each dollar of donations cost 5 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 76 out of 100. Higher than 61% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $398,436 spent. HARAMBE ENTREPRENEUR ALLIANCE WORKS TO FOSTER A CULTURE CONDUCIVE TO YOUTH ENTREPRENEURSHIP ACROSS AFRICA. HEA PROVIDES MENTORS, SCHOLARSHIPS, SERVICES, PHILANTHROPY AND ACCESS TO INVESTORS IN AN EFFORT TO LOWER THE ENTRY BARRIERS TO ENTREPRENEURSHIP FACING QUALIFIED YOUNG AFRICANS, WHO WISH TO START UP OR SCALE UP THEIR SOCIAL AND BUSINESS VENTURES. HEA CONTENDS THAT AFRICA'S SUCCESS IN THE 21ST CENTURY WILL BE DETERMINED BY ITS ABILITY TO TAP INTO THE INNOVATION AND ENTREPRENEURIAL POTENTIAL OF ITS MOST VALUABLE RESOURCE, ITS YOUNG AND HIGHLY ENTERPRISING GLOBAL HUMAN CAPITAL. TO THIS END HEA, IN PARTNERSHIP WITH AFRICA'S MOST INNOVATIVE AND EFFECTIVE PUBLIC AND PRIVATE SECTOR GROUPS, SUPPORTS ENTREPRENEURIAL ENGAGEMENT OPPORTUNITIES FOR THE NEXT GENERATION OF AFRICAN PROFESSIONALS.IN LINE WITH OUR MISSION OUR ALLIANCE HAS NURTURED THIS ECOSYSTEM BY CAPTURING THE IMAGINATION OF HIGHLY EDUCATED YOUNG AFRICANS AROUND THE WORLD, INFORMING THEM OF THE COMPLEX CHALLENGES AND DIVERSE OPPORTUNITIES OF THE CONTINENT AND PROVIDING ACCESS TO A PANOPLY OF ENGAGEMENT OPTIONS ACROSS AFRICA. AS EVIDENCED BY THE GROWING NUMBER OF APPLICANTS TO JOIN OUR ALLIANCE, OUR EFFORT HAS RENDERED RISK TAKING AND DIRECT ENGAGEMENT MORE APPEALING TO YOUNG AFRICANS, WHO HAVE TRADITIONALLY PREFERRED THE PREDICTABILITY AND RELATIVE SAFETY OF CORPORATE CAREERS. CAPTURE: TO COUNTER THE NEGATIVE AND PERVASIVE PORTRAYAL OF AFRICA AS A LAND OF POVERTY, WAR, AND DEVASTATION, WHICH HAS OFTEN DETERRED THE DIRECT ENGAGEMENT OF HIGHLY EDUCATED AFRICANS LIVING ABROAD, HEA HAS SOUGHT TO RE-BRAND THE SOCIAL, POLITICAL AND ECONOMIC NEEDS OF AFRICA. THE CENTERPIECE OF OUR AFRICA RE-BRANDING EFFORT HAS BEEN THE HARAMBE BRETTON WOODS SYMPOSIUM (HBWS).HBWS: HEA'S ANNUAL GATHERING, KNOWN AS THE HARAMBE BRETTON WOODS SYMPOSIUM BRINGS TOGETHER HIGHLY EDUCATED YOUNG AFRICAN SOCIAL AND BUSINESS ENTREPRENEURS TO SHARE THEIR EXPERIENCES AND DISCUSS STRATEGIES TO SCALE UP THEIR VENTURES AND INCREASE THE IMPACTOF THEIR ACTION.DIVERSITY: OVER 4000 YOUNG AFRICANS STUDYING IN UNIVERSITIES IN AFRICA, ASIA, EUROPE, NORTH AMERICA AND OCEANIA SUBMIT THEIR APPLICATIONS EACH YEAR IN A BID TO PARTICIPATE IN THE HBWS. THE COMPETITIVE NATURE OF OUR APPLICATION PROCESS HAS ENABLED US TO ASSEMBLE OVER 200 QUALIFIED AND HIGHLY MOTIVATED ENTREPRENEURIAL LEADERS, A FEMALE MAJORITY GROUP WHICH REPRESENTS OVER 79 UNIVERSITIES, 34 AFRICAN COUNTRIES AND 5 CONTINENTS. HBWS SPEAKERS AND GUESTS: THANKS TO THE GUESTS AND SPEAKERS OF OUR TEN ANNUAL SYMPOSIA, HARAMBE ENTREPRENEURS HAVE GAINED ACCESS TO ADMISSION OFFICERS AT LEADING GRADUATE PROGRAMS IN EUROPE AND NORTH AMERICA AND PROMINENT FIGURES FROM INFLUENTIAL GROUPS. HARAMBE CAMPUS COLLOQUIA: OUR ANNUAL CAMPUS DISCUSSIONS IN UNIVERSITIES IN ASIA, EUROPE AND NORTH AMERICA CONTINUE TO PRESENT YOUNG AFRICAN STUDENTS WITH VIABLE ALTERNATIVES TO CORPORATE CAREERS OUTSIDE OF AFRICA.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2011.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.