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One Acre Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203668110 ✦ Highland park, IL ✦ Designated as a 501(c)(3)

Overview

What is One Acre Fund?

One Acre Fund is a humanitarian organization headquartered in Highland Park, Illinois, with a significant presence in Africa. Founded in 2006, it began by aiding 40 farming families and has since expanded to support over 1.5 million farmers as of 2022. The organization's mission is to empower chronically hungry farm families in Africa, enabling them to rise above hunger and poverty. One Acre Fund achieves its goal by collaborating with self-help groups in rural areas, focusing on the most severely affected communities. The organization's efforts include teaching more productive farming methods to help farmers increase their yields and improve their livelihoods. As of December 31, 2022, One Acre Fund has reached over 8.1 million people through these initiatives.


Official website here: www.oneacrefund.org

Is One Acre Fund legitimate?

One Acre Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Acre Fund 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.

Here are some key statistics you may want to consider:

Executive Compensation: $769,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,483,164

For more financial information, click here


Official website here: www.oneacrefund.org

What is the mission statement of One Acre Fund?

One Acre Fund is a non-profit organization dedicated to helping chronically hungry farm families in Africa lift themselves out of poverty. Through collaborations with self-help groups in rural villages, the organization reaches the most severely affected individuals and teaches them more productive farming methods to eliminate hunger. Founded in 2006, One Acre Fund has grown to serve over 1,588,000 farmers across Africa as of December 31, 2022. By empowering these families, the organization has positively impacted over 8.1 million people.


Official website here: www.oneacrefund.org

Who is the CEO of One Acre Fund?

Andrew Youn is the Executive Director of One Acre Fund.


Official website here: www.oneacrefund.org

What is the revenue of One Acre Fund?

One Acre Fund's revenue in 2022 was $213,816,167.


Official website here: www.oneacrefund.org

Who are the executives of One Acre Fund and what are their salaries?

The average compensation at One Acre Fund during 2022 was $380,586. There are 90 employees and 7 volunteers at One Acre Fund.

Here are 16 key members and their salaries:

    Andrew Youn (Executive Director)
  • Compensation: $197,159
  • Related: $0
  • Other: $13,221

    • Matthew Forti (Managing Dir., Oaf Usa/Secy.) [Trustee/Director]
  • Compensation: $169,491
  • Related: $0
  • Other: $32,315

    • Stephanie Hanson (Sr Vp, Policy & Partnerships)
  • Compensation: $152,965
  • Related: $0
  • Other: $30,265

    • Sarah Lahaye (Europe Business Dev. Director)
  • Compensation: $181,380
  • Related: $0
  • Other: $0

    • Ayanda Mngadi (Chief Financial Officer)
  • Compensation: $169,605
  • Related: $0
  • Other: $4,572

    • Patrick Bell (Tupande Coo)
  • Compensation: $156,122
  • Related: $0
  • Other: $3,500

    • Brian Heese (Investor Relations Director)
  • Compensation: $156,453
  • Related: $0
  • Other: $2,532

    • Colin Christensen (Global Policy & Advocacy Lead)
  • Compensation: $114,450
  • Related: $0
  • Other: $26,865

    • Akifumi Kita (Dir. Business & Partner Dev.)
  • Compensation: $127,716
  • Related: $0
  • Other: $800

    • James Mwangi (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Ackerman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Agnes Gathaiya (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Hofmann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Kayonga (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Ogana (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ada Osakwe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oneacrefund.org

    Where can I find the form 990 for One Acre Fund?

    The One Acre Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.oneacrefund.org

    Learn more at the official website: www.oneacrefund.org

    Mission Statement of One Acre Fund

    One Acre Fund, a nonprofit organization, is dedicated to empowering chronically hungry farm families in Africa to lift themselves out of hunger and poverty. This is accomplished by collaborating with self-help groups in rural villages to deliberately reach those most affected. The organization's mission began in 2006 with just 40 farm families, but as of December 31, 2022, it has expanded its reach to over 1,588,000 farmers across Africa. By teaching more productive farming methods and helping eliminate hunger, One Acre Fund has impacted over 8.1 million people within these families. Through this mission, the organization aims to provide a sustainable solution to food insecurity and poverty in Africa.

    Impact

    This information is meant to be a general summary of One Acre Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    One Acre Fund has empowered chronically hungry farm families in Africa to lift themselves out of hunger and poverty. Since starting its work with 40 farm families in January 2006, the organization has grown significantly. As of December 31, 2022, One Acre Fund is serving over 1,588,000 farmers in Africa. By teaching these farmers more productive farming methods and providing essential support, the organization has been able to reach over 8.1 million people within these families. Its impact has been instrumental in helping to eliminate hunger and improve livelihoods in rural communities across Africa.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $142,724
  • Program Service Revenue: $137,372,325
  • Gross Receipts: $225,975,212

    • Assets and Liabilities:
  • Total Assets: $223,099,275
  • Total Liabilities: $120,874,401
  • Net Assets: $102,224,874
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM FEES

    Revenue

    $94,355,552

    SEED AND FERTILIZER SALES

    Revenue

    $43,016,773

    Organization Details

    Founding Year

    2005

    Principal Officer

    Andrew Youn

    Main Address

    1954 First Street SUITE 183, Highland Park, IL, 60035

    NTEE Category

    Code: Q30 - International

    If you are a representative of One Acre Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.