African Collaborative Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
AFRICAN COLLABORATIVE'S MISSION IS TO PROVIDE AFRICAN-LED ORGANIZATIONS WITH VITAL RESOURCES TO CREATE PURPOSEFUL, LOCALLY ROOTED CHANGE. WE ADVOCATE FOR STRUCTURAL TRANSFORMATION IN PHILANTHROPY AND DEVELOPMENT TO PROMOTE EQUITABLE FUNDING PRACTICES THAT SHIFT RESOURCES TO THE FRONTLINES OF IMPACT.
- Income
- $3.2 million
- Spending
- $5.1 million
- Spent on programs
- 83%
- Reserves
- -4.1 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 3
- Volunteers
- 7
- Highest pay
- $193,277, co-ceo/ 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
Weak: 35 out of 100. Higher than 4% of charities in its peer group (international, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 72% of what it owns.
Living within its means
0 of 15Spending exceeded income by 58% of income.
Income trend
15 of 15Income rose 14% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 12 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
Strong: 100 out of 100. Higher than 65% of charities in its peer group (international, $1m to $10m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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 (2)
- $4.1 million spent. GRANTMAKING & PORTFOLIO SERVICES: AFRICAN COLLABORATIVE PROVIDES CORE GENERAL OPERATING GRANTS AND TARGETED ORGANIZATIONAL DEVELOPMENT GRANTS TO ALL OF ITS PARTNERS IN AFRICA. IN ADDITION TO THESE FINANCIAL RESOURCES, AFRICAN COLLABORATIVE PROVIDES BESPOKE PORTFOLIO SERVICES TO SUPPORT ITS PARTNERS GROWTH AND DEVELOPMENT. THIS INCLUDES FUNDRAISING SUPPORT, HOSTING AND FACILITATING LEARNING NETWORKS AND EVENTS, STRATEGIC ADVICE, AND SHARING OF KEY ORGANIZATIONAL DEVELOPMENT RESOURCES.
- $115,913 spent. SYSTEMS CHANGE ADVOCACY: AFRICAN COLLABORATIVE SEEKS TO CATALYZE TRANSFORMATION ON THE PHILANTHROPIC SECTOR TO SHIFT RESOURCES TO THE FRONTLINES OF IMPACT. THIS INCLUDES ACTIVELY CONTRIBUTING TO COLLECTIVE EFFORTS WITHIN OUR FIELD TO RESHAPE FUNDING PRACTICES TO BE MORE DIRECT, AND ELEVATE THE VOICES OF AFRICAN LEADERS AS ESSENTIAL EXPERTS AND DRIVERS IN PHILANTHROPY AND SUSTAINABLE DEVELOPMENT.
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
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.
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 November 6, 2026.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 November 4, 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.