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Nonprofit · EIN 46-0632056

AFRICAN DIASPORA NETWORK

Tax-exempt · SANTA CLARA, CA 95054

Financials

$1.2M$1.3M2023$1.1M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of AFRICAN DIASPORA NETWORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,076,954$1,323,795-$246,841$1,390,226$634,542$755,684
December 31, 2023990$1,168,450$1,289,145-$120,695$1,026,763$24,238$1,002,525
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,076,631
of which government grants
$279,951
Program service revenue
$0
Investment income
$323
Other revenue
$0

Expenses

Grants and similar amounts paid
$170,500
Compensation of officers, directors and key employees
$156,000
Other salaries and wages
$286,912
Salaries, compensation and benefits (total)
$503,083
Professional fundraising fees
$12,240
Accounting fees
$82,155
Occupancy
$10,701
Travel
$86,780
Depreciation
$794
Program services (functional)
$1,051,806
Management and general (functional)
$205,444
Fundraising (functional)
$66,545

Balance sheet and other

Total assets, start of year
$1,026,763
Total assets, end of year
$1,390,226
Total liabilities, end of year
$634,542
Net assets, end of year
$755,684
Land, buildings and equipment
$2,920
Net assets without donor restrictions
$395,290
Net assets with donor restrictions
$360,394
Gross receipts
$1,279,420
Employees
8
Volunteers
10
Year formed
2011
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Almaz NegashCEO
Trustee or director, Officer
40$150,000$6,000
Twum DjinBoard Chair
Trustee or director, Officer
3$0$0
Innocent ShumbaTreasurer
Trustee or director, Officer
3$0$0
Josh GhaimDirector
Trustee or director
10$0$0
Raj AjiDirector
Trustee or director
3$0$0
Ndeye MakalouDirector
Trustee or director
3$0$0
Agnieska WinklerDirector
Trustee or director
3$0$0
Dr Josephine FubaraDirector
Trustee or director
3$0$0
Rick LevensonDirector
Trustee or director
3$0$0
Kedest TesfagiorgisDirector
Trustee or director
3$0$0
Manoj JainDirector
Trustee or director
3$0$0
Daniel HartzCFO & Secretary
Officer
5$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
Almaz NegashED/Secretary
Trustee or director, Officer
40$150,000$5,769
Twum DjinBoard Chair
Trustee or director, Officer
10$0$0
Innocent ShumbaTreasurer
Trustee or director, Officer
3$0$0
Josh GhaimDirector
Trustee or director
3$0$0
Duncan Goldie-ScottDirector
Trustee or director
3$0$0
Ndeye MakalouDirector
Trustee or director
3$0$0
Agnieska WinklerDirector
Trustee or director
3$0$0
Dr Josephine FubaraDirector
Trustee or director
3$0$0
Rick LevensonDirector
Trustee or director
3$0$0
Kedest TesfagiorgisDirector
Trustee or director
3$0$0
Manoj JainDirector
Trustee or director
3$0$0
Daniel HartzCFO
Officer
5$0$0

Address and contacts

Address (IRS master file)
4701 PATRICK HENRY DR BLDG 25, SANTA CLARA, CA 95054-1863
In care of
% ALMAZ NEGASH
Mailing address (990-N for 2017)
196 N 3rd Street 3rd Floor Suite J, San Jose CA 95112
Principal officer (990 for 2024)
Almaz Negash, 4701 Patrick Henry Dr Ste 25, Santa Clara, CA 95054
Principal officer (990-N for 2017)
Almaz Negash, 961 Aster Ct, Sunnyvale CA 94086
Signed the 990
Almaz Negash, Executive Director
Phone
(408) 981-5876
Return prepared by
Crosby & Kaneda CPAs LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 46-0632056 or by the name AFRICAN DIASPORA NETWORK.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

To harness and engage the intellectual, financial, philanthropic and entrepreneurial capacity of African and friends of Africa in support of economic and social development across Africa and the communities in which we live.

990 for the year ended December 31, 2024

Program accomplishments

  • ABLE is an enterprise accelerator program designed to strengthen, energize, and support small businesses and nonprofit organizations led by Blacks in the United States. ABLE identifies 15-20 Black business leaders catalyzing an array of sustainable solutions to poverty across multiple sectors at the local and national level. This includes education, healthcare, finance, connectivity, agriculture, and renewable energy, all of which address essential community needs while spurring sustainable growth.
    Expenses $396,040 · grants $160,000
  • The Young African Leaders Initiative (YALI) at Arizona State University (ASU) focused on empowering young African leaders through leadership training, networking, and academic coursework. ADN was selected as an implementation partner to create communications tools and systems that connect program alumni to the diaspora community for mentorship.
    Expenses $275,501
  • ADIS African Diaspora Investment symposium is an annual global convening that celebrates and champions the entrepreneurial and innovative spirit of Africans, Diasporians, and friends of Africa and inspires participants to be agents of change and active contributors to Africa's development.IIF Impact & Innovation Forums is a year round speaker series across Silicon Valley, Washington DC NYC, and virtually with thought-provoking conversations around strategic and consistent diaspora engagement in Africa's future.
    Expenses $221,770 · grants $10,500
  • BAF Builders of Africas future is a session that celebrates innovation and impact in early-stage African enterprise. BAF serves to showcase and award entrepreneurs who are running early-stage for-profit and non-for-profits that are addressing Africa's unique needs.
    Expenses $153,495
  • The African Scientific Community Engagement (ASCE) Program is a partnership with the Gates Foundation to engage African scientists in the diaspora & their peers on the continent with the objective of creating opportunities for connections and partnerships and promote scientific collaborations.
    Expenses $5,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0632056
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,390,226
Income (IRS master file)
$1,279,420

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,076,954$1,323,795$1,390,226XML
990December 2023$1,168,450$1,289,145$1,026,763XML
990December 2022$1,285,679$683,044$1,132,428IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2017
Officer: Almaz Negash
December 31, 2017≤ $50,000 receipts––e-Postcard
990-EZDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0632056).

Questions about AFRICAN DIASPORA NETWORK

What is the EIN of AFRICAN DIASPORA NETWORK?
The employer identification number (EIN) of AFRICAN DIASPORA NETWORK is 46-0632056.
Is AFRICAN DIASPORA NETWORK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to AFRICAN DIASPORA NETWORK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFRICAN DIASPORA NETWORK file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AFRICAN DIASPORA NETWORK due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFRICAN DIASPORA NETWORK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AFRICAN DIASPORA NETWORK?
The 990 for the year ended December 31, 2024 names Almaz Negash.
Who are the officers and directors of AFRICAN DIASPORA NETWORK?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $150,000 (Almaz Negash, CEO).
How much revenue does AFRICAN DIASPORA NETWORK have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,076,954, expenses of $1,323,795 and total assets of $1,390,226 at year end.

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