2023-05-11T13:04:08-07:00 2022-12-31 541692582 ALBERT ACQUAH & ASSOCIATES PC 5568 GENERAL WASHINGTON DR STE A204 ALEXANDRIA VA 22312 990 2022-01-01 113803281 AFRICAN CENTER FOR ECONOMIC TRANSFORMATION AFRI 2028333439 1776 K STREET NW WASHINGTON DC 20006 KINSLEY Y AMOAKO PRESIDENT 2028333439 2023-05-06 true KINSLEY AMOAKO XXX-XX-XXXX true ALBERT ACQUAH P01337939 7039169053 2023-05-11 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z KINSLEY Y AMOAKO 2359 N LINCOLN ST ARLINGTON VA 22220 5485959 false X www.acetforafrica.org X 2007 DC THE AFRICAN CENTER FOR ECONOMIC TRANSFORMATION IS AN ECONOMIC POLICY INSTITUTE SUPPORTING AFRICA'S LONG-TERM GROWTH THROUGH TRANSFORMATION 10 10 0 0 0 0 5073857 5485959 0 0 0 0 5073857 5485959 0 0 1934870 2011500 0 0 3761968 3452801 5696838 5464301 -622981 21658 807870 2404471 153764 2124588 654106 279883 WE PROVIDE RESEARCH, POLICY ADVISE, AND INSTITUTIONAL STRENGTHENING FOR AFRICAN COUNTRIES TO DEVELOP THIER ECOMONOMIES, REDUCE POVERTY, AND IMPROVE LIVELIHOODS FOR ALL AFRICANS. WE ARE THE PRE-EMINENT AFRICAN ORGINAZATION ADVANCING AFRICAN SOLUTIONS TO AFRICAN TRANSFORMATION CHALLENGES false false 1663050 0 0 PAN-AFRICAN COALITION FOR TRANSFORMATION (PACT) AFRICA'S IMPRESSIVE ECONOMIC GROWTH SINCE THE MID-1990S POWERED PRIMARILY FROM MACROECONIMIC REFORMS, BETTER BUSINESS ENVIRONMENTS, AND HIGH COMMODITY PRICES WILL NOT BY ITSELF SUSTAIN DEVELOPMENT ON THE CONTINENT 1112423 0 0 TRANSFORMATION = GROWTH + DEPTH SINCE THE MIN-1990S, MANY AFRICAN COUNTRIES HAVE SEEN STEADY ECONOMIC GROWTH BUT HAVE STRUGGLED TO LEVERAGE THAT GROWTH INTO SUSTAINABLE DEVELOPMENT POLICIES AND PLANS. AFRICAN COUNTRIES NEED GROWTH WITH DEPTH, WHICH IS HOW ACET ENCAPSULATES THE MUTIDIMENTSIONAL PROCESS OF ECONOMIC TRANSFORMATION INTO A PRACTICAL POLICY AGENDA 1084793 0 0 STRENGTHENING GOVERNMENTS WITH INSTITUTIONAL CAPACITIES IN ECONOMIC MANAGEMENT. THIS PROGRAM IS SUPPORTED BY DEMAND DRIVEN ADVISORY ACTIVITIES TO BUILD THE CAPACITY OF GOVERNMENTS IN THE FINANCIAL PLANNING, ECONOMIC MANAGEMENT AND DEVELOPMENT FUNCTIONS. OUR OBJECTIVE HERE HAS BEEN TO SUPPORT THE DEVELOPMENT OF THE CAPACITY OF POLICYMAKERS IN THESE AREAS AND SHARE BEST PRACTICES FROM IN AND OUTSIDE AFRICA 3860266 true true false false false false false false false false true false false false false false true false false true true false false false false false false false false true false false false false false false false false false false false false false false false false false true 0 0 0 false false true GH false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false DC X X ERIC OWUSU 2028333439 ECOMOG-HAATSO ACCRA GH K Y AMOAKO PRESIDENT/CEO 40.00 X X X X X 433548 0 0 TITO MBOWENI CHAIRMAN 0.00 X 0 0 0 ROBERT PEIFFER DIRECTOR 0.00 X 0 0 0 MAVIS OWUSU-GYAMFI EXECUTIVE VICE PRESIDENT 40.00 X X X X X 293265 0 0 LORD PAUL BOATENG DIRECTOR 0.00 X 0 0 0 NICHOLAS WESTCOTT DIRECTOR 0.00 X 0 0 0 BENNO NDULU DIRECTOR 0.00 X 0 0 0 MITCHELLE NDIAYE NTAB DIRECTOR 0.00 X 0 0 0 EVELINE HERFKENNS DIRECTOR 0.00 X 0 0 0 ARKEBE OQUBAY DIRECTOR 0.00 X 0 0 0 ROSINE SORI-COULIBALY DIRECTOR 0.00 X 0 0 0 DANIEL NTI DIRECTOR/OFFICER 40.00 X X X X 293265 0 0 EDWARD K BROWN OFFICER 40.00 X X X X 191808 0 0 ROBERTO J TIBANA OFFICER 40.00 X X X X 168000 0 0 MAURA K LEARY OFFICER 40.00 X X X X 168000 0 0 ROB FLOYD OFFICER 40.00 X X X X 163100 0 0 1710986 0 0 false true false 5485959 5485959 0 0 0 0 0 5485959 0 0 0 1222391 855674 366717 0 668858 468200 200658 0 120251 84176 36075 0 36180 28944 7236 0 12850 10280 2570 0 234706 187765 46941 0 137630 103223 34407 0 52453 36717 15736 0 9964 6975 2989 0 CONSULTANCY 2446953 1712867 734086 0 ADMINISTRATIVE EXPENSES 376223 263356 112867 0 COMMUNICATION 145842 102089 43753 0 5464301 3860266 1604035 0 623970 2302954 90058 42211 2762 0 399477 342929 91080 56548 2758 807870 2404471 153764 171257 1953331 153764 2124588 X 654106 279883 654106 279883 807870 2404471 21658 X X false true true false X 0 3798926 3439817 4182350 5073857 5485959 21980909 0 0 3798926 3439817 4182350 5073857 5485959 21980909 0 21980909 0 0 0 21980909 1.00000 1.00000 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 333790 292362 41428 65687 50567 15120 56548 5485959 5485959 5485959 5464301 5464301 5464301 Sub-Saharan Africa 1 31 PROGRAM SERVICES ADVISORY SERVICES 5464301 1 31 1 31 5464301 5464301 false false false false false false false false false false false false false false false K Y AMOAKO 441831 0 0 0 0 0 0 0 0 0 441831 0 0 0 MAVIS OWUSU-GYAMFI 293265 0 0 0 0 0 0 0 0 0 293265 0 0 0 DANIEL NTI 293265 0 0 0 0 0 0 0 0 0 293265 0 0 0 EDWARD K BROWN 191808 0 0 0 0 0 0 0 0 0 191808 0 0 0 ROBERTO J TIBANA 184171 0 0 0 0 0 0 0 0 0 184171 0 0 0 MAURA K LEARY 183300 0 0 0 0 0 0 0 0 0 183300 0 0 0 ROB FLOYD 186480 0 0 0 0 0 0 0 0 0 186480 0 0 0 Pt I Line 1a THE PRESIDENT IS PROVIDED WITH A CHAUFFEUR Pt I Line 1b WE HAVE FOLLOWED WRITTEN DOWN POLICY IN THE PROVISION OF A CHAUFFEUR Pt I Line 3 AFRICAN CENTER FOR ECONOMIC TRANSFORMATION HAS A COMPENSATION SUB-COMMITTEE THAT REVIEWS THE COMPENSATION OF THE PRESIDENT FROM TIME TO TIME. HE HAS A WRITTEN CONTRACT OF EMPLOYMENT AND EVERY RECOMMENDATION MADE BY THE COMPENSATION SUB-COMMITTEE IS APPROVED BY THE BOARD BEFORE IMPLEMENTATION. Pt VI, Line 8a THE GOVERNING BOARD DOCUMENTS ALL MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR Pt VI, Line 8b EACH COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD, DOCUMENTS ALL MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR. Pt VI, Line 11b ACET HAS A COMMITTEE ON THE GOVERNING BOARD CHARGED WITH THE FINANCIAL OVERSIGHT OF PROCESSES AND SELECTION PROCESS. DURING THE TAX YEAR, COPIES OF THE FORM 990 WERE SENT TO THE OVERSIGHT COMMITTEE BEFORE SIGNING AND FILING. Pt VI, Line 12c THE ORGANIZATION HAS WRITTEN CONFLICT OF INTEREST POLICY WHERE BOARD MEMBERS DISCLOSE ANNUALLY INTEREST THAT COULD GIVE RISE TO CONFLICTS. THE ORGANIZATION REGULARLY MONITORS AND ENFORCES THE POLICY COMPLIANCE EVERY SIX MONTHS. Pt VI, Line 15a THE DETERMINATION OF COMPENSATION PACKAGE OF THE PRESIDENT IS REVIEWED BY A SUBCOMMITTEE OF THE BOARD AND REPORT IS GIVEN TO THE GOVERNING BOARD FOR APPROVAL. Pt VI, Line 15b THE MANAGEMENT RECRUITS A CONSULTANT WH0 CONDUCTS A MARKET SURVEY WITH RECOMMENDATIONS. THE MANAGEMENT THEN REVIEWS THE RECOMMENDATION TO ACET GOVERNING BOARD FOR APPROVAL OR DISAPPROVAL Pt VI, Line 19 ACET'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST Pt XII, Line 2c THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT AUDITOR, DELOITTE AND TOUCHE. THE ORGANIZATION DID NOT CHANGE THE OVERSIGHT OR SELECTION PROCESS IN THE PERIOD UNDER REVIEW