2024-10-29T15:44:28-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 871088927 ISF ADVISORS INC ISFA 2029877700 1401 K STREET NW 900 WASHINGTON DC 20005 ELIZABETH VANDERWOUDE CFO/TREASURER 2029877700 2024-10-29 1 0 AARON M FOX P01365820 2022274000 2024-10-29 2023 2024-10-15 13:58:12Z ELIZABETH VANDERWOUDE 1401 K STREET NW 900 WASHINGTON DC 20005 4035127 0 X ISFADVISORS.ORG X 2021 DC ISF ADVISORS MOBILIZES CAPITAL FOR A MORE STABLE, EQUITABLE, AND PRODUCTIVE GLOBAL FOOD SYSTEM. 3 3 5 4 0 0 1190856 1474091 1594709 2560932 0 0 0 104 2785565 4035127 0 0 0 0 992008 1146542 0 0 0 1656608 2314976 2648616 3461518 136949 573609 884818 1493561 364937 400071 519881 1093490 X ISF ADVISORS IS THE LEADING STRATEGIC AND FINANCIAL ADVISORY GROUP COMMITTED TO MOBILIZING CAPITAL FOR A MORE SUSTAINABLE, EQUITABLE, AND PRODUCTIVE GLOBAL FOOD SYSTEM. 0 0 318310 ISF IS PART OF A 5-YEAR USDA FUNDED INITIATIVE TO PROMOTE CASHEW PROCESSING IN WEST AFRICA, IN ORDER TO GENERATE JOBS AND REDUCE THE CARBON FOOTPRINT OF RAW CASHEWS BEING SHIPPED TO ASIA FOR PROCESSING. ISF IS RESPONSIBLE FOR MOBILIZING INVESTMENT, AND DESIGNED CATALYTIC LENDING MECHANISMS TO CROWD IN AND DE-RISK PRIVATE INVESTMENTS. ISF ALSO PROVIDES MATCHMAKING SUPPORT TO LINK AGRO-PROCESSORS TO RELEVANT SOURCES OF DOMESTIC AND FOREIGN FINANCING. 315875 ISF IS PART OF AN ALLIANCE WITH TECHNOSERVE AND PARTNERS IN FOOD SOLUTIONS TO PROVIDE CUSTOMIZED ASSISTANCE TO FOOD PROCESSORS IN FIVE COUNTRIES, INCREASING THE VOLUME SUPPLIED BY SMALLHOLDERS, AND DOUBLING THE PROCESSORS' SALE OF NUTRITIOUS FOODS TO VULNERABLE POPULATIONS. ISF'S DEDICATED ACCESS TO FINANCE MANAGER FACILITATES LINKAGES TO APPROPRIATE FORMS OF INVESTMENT FOR PROCESSORS. ISF HAS MOBILIZED OVER $8 MILLION IN FINANCING FOR AGRO-PROCESSORS THAT PRODUCE NUTRITIOUS FOODS. 304331 USAID AFFORD SEEKS TO SAFELY AND SUSTAINABLY REDUCE MICRONUTRIENT INADEQUACIES AND IMPROVE DIETS, PARTICULARLY FOR WOMEN AND CHILDREN, THROUGH LARGE-SCALE FOOD FORTIFICATION (LSFF). ISF IS RESPONSIBLE FOR DESIGNING, MOBILIZING, AND IMPLEMENTING FINANCING SOLUTIONS FOR THE FOOD INDUSTRY. BY ADDRESSING THESE BARRIERS HOLISTICALLY, INCLUDING ENHANCING ACCESS TO FINANCING AND SUPPORTING CAPACITY-BUILDING EFFORTS, THE PRODUCTION AND AVAILABILITY OF FORTIFIED FOODS CAN BE SIGNIFICANTLY INCREASED. 1923074 2560932 OTHER PROGRAMS 1923074 2560932 2861590 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DENIS SLOOTSKY 2026815450 1401 K STREET NW WASHINGTON DC 20005 DANIEL ZOOK EXECUTIVE DIRECTOR 40.00 X 321514 0 47231 CRAIG COURTNEY SENIOR ADVISOR 40.00 X 314002 0 38079 ELIZABETH VANDERWOUDE CFO/TREASURER 2.00 30.00 X 0 188265 13822 HAYDEN ALDREDGE MANAGER 40.00 X 127882 0 14357 SARAH DEVERMANN MANAGER 40.00 X 114880 0 16032 THOMAS CARROLL BOARD CHAIR 2.00 2.00 X 0 0 0 LORENZO BERNASCONI BOARD MEMBER 2.00 X 0 0 0 MIRIAM CHEROGONY BOARD MEMBER 2.00 X 0 0 0 878278 188265 129521 4 0 1 0 MATTHEW SHAKHOVSKOY 109A MUNRO STREET AUCHENFLOWER AS 04066 PROGRAM SERVICES, CONSULTANCY 312020 AGFUNDER INC 595 PACIFIC AVENUE FLOOR 4 SAN FRANCISCO CA 94133 PROGRAM SERVICES, CONSULTANCY 164400 ANA RAVINA EIRIN RUA DA ROSA 40 3OB SANTIAGO DE COM A CORUNA SP 15701 PROGRAM SERVICES, CONSULTANCY 162758 GLOBAL DEVELOPMENT INCUBATOR KENYA SANLAM TOWER 4TH FL WAIYAKI WAY NAIROBI KE PROGRAM SERVICES, CONSULTANCY 139827 SAMAWATI CAPITAL PARTNERS LIMITED ROSHANMAER PL LENANA RD NAIROBI KE 45022 PROGRAM SERVICES, CONSULTANCY 135001 9 424817 1049274 1474091 CONTRACT SERVICES 900099 2560932 2560932 2560932 OTHER INCOME 900099 104 104 104 4035127 2560932 0 104 X 368745 313433 55312 647916 621429 26487 41001 39285 1716 32396 31900 496 56484 52131 4353 20066 20066 7726 7726 1927640 1650669 276971 325 325 5753 263 5490 19079 2289 16790 13084 13084 255100 129416 125684 46495 19874 26621 BOOKS / SUBSCR. 19708 901 18807 3461518 2861590 599928 0 334545 441278 297939 251445 247710 766979 4263 3400 361 30459 884818 1493561 74506 248250 290431 151821 364937 400071 X 519881 1093490 519881 1093490 884818 1493561 573609 0 X 0 1 X 1 1 1 X 1423711 1190856 1474091 4088658 1423711 1190856 1474091 4088658 4088658 104 104 4088762 4155641 X SCHEDULE A, PART II, COLUMN (E): AS ISF ADVISORS WAS INCORPORATED ON JUNE 4, 2021, A SHORT PERIOD RETURN WAS FILED FOR THE PERIOD ENDED DECEMBER 31, 2021. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 GRANT ADVANCE DUE TO RELATED PARTY 119726 PAYABLE DUE TO RELATED PARTY 32095 151821 X 4035127 0 4035127 0 4035127 3461518 0 3461518 0 3461518 PART X, LINE 2: ISF ADVISORS PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2023, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. SUB-SAHARAN AFRICA 0 5 PROGRAM SERVICES IMPLEMENTATION OF THE ISF PROGRAM 380986 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES IMPLEMENTATION OF THE ISF PROGRAM 312020 EUROPE (INCLUDING ICELAND & GREENLAND) 0 7 PROGRAM SERVICES IMPLEMENTATION OF THE ISF PROGRAM 754208 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES IMPLEMENTATION OF THE ISF PROGRAM 66000 0 14 0 0 0 14 1513214 0 1513214 0 0 0 0 0 0 PART I, LINE 3: IN ACCORDANCE WITH IRS INSTRUCTIONS, ALL AMOUNTS REPORTED ON PARTS II OF SCHEDULE F ARE REPORTED USING THE ACCRUAL BASIS OF ACCOUNTING, THE SAME METHOD OF ACCOUNTING USED IN THE FINANCIAL STATEMENTS. X X 0 0 0 0 0 0 0 0 0 DANIEL ZOOK EXECUTIVE DIRECTOR 321514 0 0 0 0 0 19800 0 27431 0 368745 0 0 0 CRAIG COURTNEY SENIOR ADVISOR 314002 0 0 0 0 0 38079 0 0 0 352081 0 0 0 ELIZABETH VANDERWOUDE CFO/TREASURER 0 188265 0 0 0 0 0 11416 0 2406 0 202087 0 0 FORM 990, PART VI, SECTION B, LINE 11B ISF ADVISORS HIRES AN INDEPENDENT CPA FIRM TO PREPARE THE FEDERAL FORM 990. AFTER PREPARATION OF THE FEDERAL FORM 990, MANAGEMENT REVIEWS THE DRAFT FEDERAL FORM 990. ONCE ANY QUESTIONS OR CORRECTIONS ARE ADDRESSED, THE DRAFT FEDERAL FORM 990 IS THEN DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO ELECTRONICALLY FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C A "CONFLICT OF INTEREST," ARISES WHEN A PERSON IN A POSITION OF AUTHORITY OVER AN ORGANIZATION, SUCH AS AN OFFICER, DIRECTOR, OR KEY EMPLOYEE, MAY BENEFIT. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. IN THE EVENT A CONFLICT OF INTEREST EXISTS, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THEN, THE CHAIR OF THE BOARD OF DIRECTORS OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF DIRECTORS OR COMMITTEE SHALL DETERMINE WHETHER ISF ADVISORS, INC. CAN OBTAIN WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A IN ORDER TO DETERMINE THE OFFICERS' COMPENSATION, MEMBERS OF THE BOARD OF DIRECTORS REVIEWING COMPARABLE DATA INFORMED BY MARKET RESEARCH AND OUTSIDE COUNSEL AS WELL AS VARIOUS SALARY SURVEYS. AFTER REVIEWING THE NECESSARY DATA, MEMBERS OF THE BOARD OF DIRECTORS WILL MAKE A FINAL DECISION REGARDING THE FINAL COMPENSATION AMOUNTS FOR ALL OFFICERS. A COMPENSATION SURVEY WAS LAST USED IN 2020. FORM 990, PART VI, SECTION C, LINE 19 ISF ADVISORS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,649,066. MANAGEMENT AND GENERAL EXPENSES 252,528. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,901,594. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,886. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,886. CONTRACTORS: PROGRAM SERVICE EXPENSES 1,603. MANAGEMENT AND GENERAL EXPENSES 1,557. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,160. THE GLOBAL DEVELOPMENT INCUBATOR INC 1401 K STREET NW WASHINGTON DC 20005 141945286 DESIGN AND LAUNCH SERVICES FOR NEW SOCIAL IMPACT ORGANIZATIONS AND PARTNERS NY 501(C)(3) LINE 7 N/A 0 GDI SOLUTIONS INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 881343562 FACILITATE GRANT FUNDING OPPORTUNITIES DE 501(C)(3) LINE 7 THE GLOBAL DEVELOPMENT INCUBATOR INC 0 ACELI AFRICA INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 843344516 FINANCING AGRICULTURAL SMES IN AFRICA NY 501(C)(3) LINE 7 THE GLOBAL DEVELOPMENT INCUBATOR INC 0 COLIBRI CATALYST INC 1007 GENERAL KENNEDY AVENUE SUITE 2 SAN FRANCISCO CA 94129 920740048 ACCELERATES AND INCREASES THE FLOW OF CAPITAL TO REGENERATIVE AGRICULTURE DE 501(C)(3) LINE 7 THE GLOBAL DEVELOPMENT INCUBATOR INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0