Overview
What is Corporate Council On Africa?
The Corporate Council on Africa is a nonprofit organization situated in Washington, D.C. With a workforce of nine individuals, their primary mission is to foster U.S.-Africa trade, investment, and business relations. They achieve this by offering U.S. and African public and private sector leaders the necessary access, connections, and insights required to effectively engage with the African continent. Throughout 2022, their efforts concentrated on providing the tools needed for successful engagement, contributing to the betterment of economic ties between the two regions.
Official website here: www.corporatecouncilonafrica.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Corporate Council On Africa has received a solid rating of 89% from Charity Navigator, reflecting good financial health and accountability practices. The organization boasts a fully independent board and strong oversight measures, resulting in top scores for governance and transparency. With a program expense ratio of 70.11%, it demonstrates a commitment to directing funds towards its mission, while maintaining effective fundraising practices with no reported costs in this area.
Despite these strengths, the organization has some limitations, particularly in its liabilities to assets ratio, which stands at 56.15%. This suggests a moderate level of financial risk that could impact its long-term sustainability. However, the presence of robust policies and an independent board indicates a well-structured approach to governance that may mitigate these concerns.
Overall, Corporate Council On Africa showcases strengths in financial management and accountability, making it a credible choice for donors. The organization’s focus on effective program delivery and transparent practices suggests a commitment to its mission and the communities it serves, although potential donors should be mindful of its financial ratios when considering support.
This AI summary has been generated from information found on Charity Navigator.
Is Corporate Council On Africa legitimate?
Corporate Council On Africa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corporate Council On Africa submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $375,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $446,059
For more financial information, click here
Official website here: www.corporatecouncilonafrica.com/
What is the mission statement of Corporate Council On Africa?
The Corporate Council on Africa's mission is geared towards enhancing U.S.-Africa trade, investment, and business relationships. They achieve this by offering U.S. and African public and private sector leaders the necessary access, connections, and insights to engage successfully on the continent. By doing so, they aim to foster a conducive business environment between the two regions. Throughout the year, their activities focus on providing the required resources and knowledge for successful engagement on the African continent.
Official website here: www.corporatecouncilonafrica.com/
Who is the CEO of Corporate Council On Africa?
Florizelle Liser is the President And Ceo of Corporate Council On Africa. The CEO's salary of Corporate Council On Africa is $251,667 and their total compensation is $263,667.
Official website here: www.corporatecouncilonafrica.com/
What is the revenue of Corporate Council On Africa?
Corporate Council On Africa's revenue in 2022 was $5,308,547.
Official website here: www.corporatecouncilonafrica.com/
Who are the executives of Corporate Council On Africa and what are their salaries?
The average compensation at Corporate Council On Africa during 2022 was $91,229. There are 9 employees and 6 volunteers at Corporate Council On Africa.
Here are 27 key members and their salaries (Corporate Council On Africa's CEO's salary is $251,667 and their total compensation is $263,667):
- Compensation: $251,667
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- Other: $12,000
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- Other: $20,838
- Compensation: $127,690
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- Other: $42,204
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Official website here: www.corporatecouncilonafrica.com/
Where can I find the form 990 for Corporate Council On Africa?
Corporate Council On Africa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.corporatecouncilonafrica.com/
Learn more at the official website: www.corporatecouncilonafrica.com/
Mission Statement of Corporate Council On Africa
The Corporate Council on Africa is an organization dedicated to improving U.S.-Africa trade, investment, and business relationships. It achieves this mission by offering U.S. and African public and private sector leaders the necessary access, connections, and insights to engage successfully on the African continent. The Council's goal is to bridge the gap between these sectors, facilitating a more robust and mutually beneficial engagement with Africa. By providing this crucial access and support, the Corporate Council on Africa aims to strengthen and expand U.S.-Africa partnerships, ultimately fostering a more prosperous and interconnected continent.
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Impact
October, 2024
Corporate Council on Africa significantly influences U.S.-Africa relations by fostering trade, investment, and business partnerships. By connecting public and private sector leaders in both regions, it facilitates access to vital resources and insights that empower stakeholders to navigate the complexities of doing business in Africa. In 2022, its efforts were particularly focused on enabling effective engagement between U.S. enterprises and African markets, ultimately promoting economic growth and development across the continent. The organization’s work enhances the understanding of emerging opportunities and challenges, driving increased investment that benefits both U.S. and African economies.
This information is meant to be a general summary of Corporate Council On Africa. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $9,150
- Gross Receipts: $5,308,547
Assets and Liabilities:
- Total Assets: $4,540,680
- Total Liabilities: $2,549,973
- Net Assets: $1,990,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income
Revenue
$9,150
Organization Details
Founding Year
1993
Phone
(202) 835-1115Principal Officer
Florizelle Liser
Main Address
1100 17th Street NW, Washington, DC, 20036
NTEE Category
Code: Q21Z - International
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