2021-05-10T12:54:19-07:00 2020-12-31 ALBERT ACQUAH & ASSOCIATES PC 5568 GENERAL WASHINGTON DR STE A204 ALEXANDRIA VA 22312 990 2020-01-01 113803281 AFRICAN CENTER FOR ECONOMIC TRANSFORMATION AFRI 2028333439 1776 K STREET NW WASHINGTON DC 20006 KINSLEY Y AMOAKO PRESIDENT 2028333439 2021-04-27 true KINSLEY AMOAKO XXX-XX-XXXX ALBERT ACQUAH P01337939 7039169053 2021-05-10 3 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z KINSLEY Y AMOAKO 2359 N LINCOLN ST ARLINGTON VA 22220 5242319 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 3439817 5242319 0 0 0 3439817 5242319 0 0 1557365 1626405 0 0 2315760 2555945 3873125 4182350 -433308 1059969 548105 1472264 330988 195178 217117 1277086 WE PROVIDE RESARCH, POLICY ADVICE, AND INSTITUTIONAL STRENGTHENING FOR AFRICAN COUNTRIES TO DEVELOP THEIR 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 3672463 0 5242319 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 0 0 5242319 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 0 0 5242319 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 3672463 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 MACGEORGE GYIMAH 2028333439 85 CASTLE ROAD RIDGE RESIDENTIAL AR ACCRA GH K Y AMOAKO PRESIDENT/CEO 40.00 X X X X X 429692 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 156757 0 0 EVELINE HERFKINS DIRECTOR 0.00 X 0 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 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 291121 0 0 EDWARD K BROWN OFFICER 40.00 X X X X 191808 0 0 JOHN ASAFU-ADJAYE OFFICER 40.00 X X X X 104141 0 0 1173519 0 0 false true false 5242319 5242319 0 0 0 0 0 5242319 0 0 0 885041 708033 177008 0 341022 272818 68204 0 400342 320274 80068 0 3220 0 3220 0 26000 20800 5200 0 24773 19818 4955 0 127335 114601 12734 0 35724 35724 0 0 39031 35128 3903 0 17721 14177 3544 0 CONSULTANCY 1982784 1883645 99139 0 ADMINISTRATIVE EXPENSES 245236 196189 49047 0 COMMUNICATION 54121 51256 2865 0 4182350 3672463 509887 0 484291 1348005 7418 24857 14048 13892 354391 268881 42348 85510 548105 1472264 330988 195178 330988 195178 X 217117 1277086 217117 1277086 548105 1472264 1059969 X X false true true false X 0 3758486 3090319 3798926 3439817 4182350 18269898 0 0 3758486 3090319 3798926 3439817 4182350 18269898 0 18269898 1081 1081 0 0 18270979 0.99990 0.99980 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 354391 268881 85510 85510 5242319 5242319 5242319 4182350 4182350 4182350 Sub-Saharan Africa 1 31 PROGRAM SERVICES ADVISORY SERVICES 4182350 1 31 1 31 4182350 4182350 false false false false false false X true true false false false false false false false false false K Y AMOAKO 0 439692 0 0 0 0 0 0 0 0 0 439692 0 439692 MAVIS OWUSU-GYAMFI 0 156767 0 0 0 0 0 0 0 0 0 156767 0 156767 DANIEL NTI 0 291121 0 0 0 0 0 0 0 0 0 291121 0 291121 EDWARD K BROWN 0 191808 0 0 0 0 0 0 0 0 0 191808 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