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SEAF IS PRIMARILY ENGAGED AS A FUND MANAGER TO SUPPORT THE PROMOTION AND DEVELOPMENT OF SMALL AND MEDIUM-SIZE BUSINESSES IN DEVELOPING COUNTRIES.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$8.5M
Program Spending
61%
of total expenses go to program services
Total Contributions
$5.4M
Total Expenses
▼$9.8M
Total Assets
$39.2M
Total Liabilities
▼$34.6M
Net Assets
$4.6M
Officer Compensation
→$943.6K
Other Salaries
$2.1M
Investment Income
$129.2K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$78.3M
Awards Found
15
Department of Agriculture
$19.9M
THE FOOD FOR PROGRESS PROGRAM PROVIDES FOR THE DONATION OF U.S. COMMODITIES TO DEVELOPING COUNTRIES AND EMERGING DEMOCRACIES THAT ARE COMMITTED TO INTRODUCING OR EXPANDING FREE ENTERPRISE IN THEIR AGRICULTURAL ECONOMIES. THE PROGRAM HAS TWO PRIMARY STRATEGIC OBJECTIVES: (1) INCREASE AGRICULTURAL PRODUCTIVITY AND (2) EXPAND TRADE OF AGRICULTURAL PRODUCTS. THIS FOOD FOR PROGRESS PROGRAM IS BEING IMPLEMENTED IN BANGLADESH.
Department of Agriculture
$18.8M
THE FOOD FOR PROGRESS PROGRAM PROVIDES FOR THE DONATION OF U.S. COMMODITIES TO DEVELOPING COUNTRIES AND EMERGING DEMOCRACIES THAT ARE COMMITTED TO INTRODUCING OR EXPANDING FREE ENTERPRISE IN THEIR AGRICULTURAL ECONOMIES. THE PROGRAM HAS TWO PRIMARY STRATEGIC OBJECTIVES: (1) INCREASE AGRICULTURAL PRODUCTIVITY AND (2) EXPAND TRADE OF AGRICULTURAL PRODUCTS. THIS FOOD FOR PROGRESS PROGRAM IS BEING IMPLEMENTED IN TANZANIA.
Department of Agriculture
$15.7M
AGRICULTURAL PRODUCTIVITY AND VALUE CHAIN DEVELOPMENT PROJECT
Agency for International Development
$5.6M
TUNISIA ICT, ENTREPRENEURSHIP, TIP
Agency for International Development
$5.2M
AGRIBUSINESS INVESTMENT FUND - SEAF
Agency for International Development
$4.3M
MIDDLE EAST NORTH AFRICA INVESTMENT INITIATIVE (MENAII)
Agency for International Development
$2M
THE PURPOSE OF THIS MODIFICATION IS TO (A) INCREASE THE TOTAL OBLIGATED AMOUNT BY $2 000 000.00 (B) MAKE CHANGESTO THE PROGRAM DESCRIPTION (C) AD
Agency for International Development
$1.9M
AFRICAN DIASPORA MARKETPLACE
Department of State
$1.5M
THIS PROJECT AIMS TO PROMOTE THE FINTECH SECTOR IN MOROCCO AND TUNISIA BY TRAINING THE NEXT GENERATION OF ENTREPRENEURS AND INNOVATORS
Agency for International Development
$628.2K
THE PURPOSE OF THE AWARD IS TO IMPLEMENT CENTER FOR ENREPRENEURSHIP AND EXECUTIVE DEVELEOPMENT (CEED) PROGRAM IN KOSOVO.
Department of Agriculture
$550K
THE FOOD FOR PROGRESS PROGRAM PROVIDES FOR THE DONATION OF U.S. COMMODITIES TO DEVELOPING COUNTRIES AND EMERGING DEMOCRACIES THAT ARE COMMITTED TO INTRODUCING OR EXPANDING FREE ENTERPRISE IN THEIR AGRICULTURAL ECONOMIES. THE PROGRAM HAS TWO PRIMARY STRATEGIC OBJECTIVES: (1) INCREASE AGRICULTURAL PRODUCTIVITY AND (2) EXPAND TRADE OF AGRICULTURAL PRODUCTS. THIS FOOD FOR PROGRESS PROGRAM IS BEING IMPLEMENTED IN TANZANIA.
Agency for International Development
$500K
THE PURPOSE OF THIS MODIFICATION IS TO INCREASE THE TOTAL OBLIGATED AMOUNT BY $500 000.00 FROM $1 500 000.00 TO $2 000 000.00.
Agency for International Development
$496.7K
THE PURPOSE OF THIS MODIFICATION IS TO PROVIDE INCREMENTAL FUNDING IN THE AMOUNT OF $500,000 THUS INCREASING THE TOTAL OBLIGATED AMOUNT FROM $7,575,0
Department of Agriculture
$0
THE FOOD FOR PROGRESS PROGRAM PROVIDES FOR THE DONATION OF U.S. COMMODITIES TO DEVELOPING COUNTRIES AND EMERGING DEMOCRACIES THAT ARE COMMITTED TO INTRODUCING OR EXPANDING FREE ENTERPRISE IN THEIR AGRICULTURAL ECONOMIES. THE PROGRAM HAS TWO PRIMARY STRATEGIC OBJECTIVES: (1) INCREASE AGRICULTURAL PRODUCTIVITY AND (2) EXPAND TRADE OF AGRICULTURAL PRODUCTS. THIS FOOD FOR PROGRESS IS BEING IMPLEMENTED IN TANZANIA.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
6
Clean Audits
6
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2021 | Clean | Unmodified (Clean) | $3.6M | Yes | 2022-09-29 |
| 2020 | Clean | Unmodified (Clean) | $6.1M | Yes | 2021-09-22 |
| 2019 | Clean | Unmodified (Clean) | $9.7M | Yes | 2020-08-19 |
| 2018 | Clean | Unmodified (Clean) | $5.1M | No | 2019-09-29 |
| 2017 | Clean | Unmodified (Clean) | $4.6M | No | 2018-09-29 |
| 2016 | Clean | Unmodified (Clean) | $4.9M | Yes | 2018-01-07 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$6.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$9.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.9M
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $8.5M | $5.4M | $9.8M | $39.2M | $4.6M |
| 2023IRS e-File | $8.5M | $3.5M | $9.7M | $38.2M | $4.2M |
| 2022 | $9.2M | $3.2M | $9.9M | $32.3M | $5M |
| 2021 | $7.4M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Hubertus Van Der Vaart | President | 40 | $323.9K | $0 | $15K | $338.9K |
| Robert Vodicka | Treasurer | 40 | $211.8K | $0 | $10K | $221.8K |
| Javed Hamid | Chairman | 1 | $0 | $0 | $0 | $0 |
Hubertus Van Der Vaart
President
$338.9K
Hrs/Wk
40
Compensation
$323.9K
Related Orgs
$0
Other
$15K
Robert Vodicka
Treasurer
$221.8K
Hrs/Wk
40
Compensation
$211.8K
Related Orgs
$0
Other
$10K
Javed Hamid
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Peter Righi | Ceed Global Director | 40 | $210.3K | $0 | $10K | $220.3K |
| Gary Dodge | Managing Director | 40 | $155.3K | $0 | $7,238 | $162.5K |
Peter Righi
Ceed Global Director
$220.3K
Hrs/Wk
40
Compensation
$210.3K
Related Orgs
$0
Other
$10K
Gary Dodge
Managing Director
$162.5K
Hrs/Wk
40
Compensation
$155.3K
Related Orgs
$0
Other
$7,238
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alphonsus Marcelis | Director | 1 | $0 | $0 | $0 | $0 |
| Christine Phillpotts | Director | 1 | $0 | $0 | $0 | $0 |
| Hilary Haddigan | Director | 1 | $0 | $0 | $0 | $0 |
| Jan Cherim | Director | 40 | $0 | $0 | $0 | $0 |
| Paul Sheehan | Director | 40 | $0 | $0 | $0 | $0 |
| Peter Zakowich | Director |
Alphonsus Marcelis
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Christine Phillpotts
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Hilary Haddigan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $4.5M |
| $12.3M |
| $29M |
| $6.8M |
| 2020 | $16.8M | $6.7M | $14.2M | $27.4M | $10.2M |
| 2019 | $19.8M | $11.7M | $17.1M | $24.4M | $8.2M |
| 2018 | $21.8M | $11.9M | $14.8M | $27.6M | $9.7M |
| 2017 | $12.2M | $6M | $17.8M | $59.8M | $10.8M |
| 2016 | $15.7M | $8.5M | $19M | $56.5M | $6.7M |
| 2015 | $21M | $12.4M | $18.8M | $58.3M | $9.5M |
| 2014 | $18.9M | $10M | $18.2M | $54.7M | $9.2M |
| 2013 | $0 | $0 | $0 | $8.2M | $8.2M |
| 2012 | $21.3M | $9M | $20.1M | $55.1M | $8.2M |
| 2011 | $20.7M | $8.2M | $21M | $47.3M | $6.4M |
| 2010 | $17.6M | $6.3M | $17.5M | $45.7M | $11M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | Data |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Sarah Alexander | Director | 1 | $0 | $0 | $0 | $0 |
| Thomas Monaco | Director | 40 | $0 | $0 | $0 | $0 |
| Yasmin Saadat | Director | 1 | $0 | $0 | $0 | $0 |
Jan Cherim
Director
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Paul Sheehan
Director
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Peter Zakowich
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sarah Alexander
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas Monaco
Director
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Yasmin Saadat
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0