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African Center for Economic Transformation

African Center for Economic Transformation

Washington, DC
Tax ID11-3803281

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About this organization

Revenue

$3,798,926

Expenses

$3,272,737

Mission

The African Center for Economic Transformation is an economic policy institute supporting Africa's long-term growth through transformation

About

Pan-African Coalition for Transformation (PACT) Africa's impressive economic growth since the mid-1990s powered primarily from macroeconomic reforms, better business environments, and high commodity prices will not by itself sustain development on the continent

Interesting data from their 2019 990 filing

The purpose of the non-profit is outlined in the filing as “We provide resarch, policy advice, and institutional strengthening for african countries to develop their ecomonomies, reduce poverty, and improve livelihoods for all africans. we are the pre-eminent african orginazation advancing african solutions to african transformation challenges”.

When discussing its operations, they were defined as: “The african center for economic transformation is an economic policy institute supporting africa's long-term growth through transformation”.

  • The state where the non-profit operates has been legally reported as DC.
  • The filing indicates that the non-profit's address in 2019 is located at 2359 N LINCOLN ST, ARLINGTON, VA, 22220.
  • The non-profit has reported 28 employees on their form as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $526,189.
  • The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 9 independent voting members.
  • The organization was formed in 2007.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $951,271 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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