2016-09-01T10:51:04-05:00 2015-12-31 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2015-01-01 132626135 TECHNOSERVE INC TECH 2027854515 1120 19TH STREET NW 8TH FLOOR WASHINGTON DC 20036 WILLIAM WARSHAUER PRESIDENT & CEO 2027854515 2016-08-22 1 YONG ZHANG CPA P01249785 7033366400 2015 2016-12-15 16:53:06Z WILLIAM WARSHAUER 1120 19TH STREET NW 8TH FLOOR WASHINGTON DC 20036 86380866 0 X WWW.TECHNOSERVE.ORG X 1969 NY TECHNOSERVE HELPS ENTERPRISING MEN AND WOMEN IN POOR AREAS OF THE DEVELOPING WORLD. 22 22 211 74 0 0 76304736 86214440 4982 3685 397601 114280 102050 48461 76809369 86380866 4190302 9467348 0 0 36895295 40209359 204389 200142 1713600 35160019 36737218 76450005 86614067 359364 -233201 68802436 57355185 59396571 49810391 9405865 7544794 X WE WORK WITH ENTERPRISING PEOPLE IN THE DEVELOPING WORLD TO BUILD COMPETITIVE FARMS, BUSINESSES AND INDUSTRIES. 0 0 75385060 9467348 3685 TECHNOSERVE IS A LEADER IN HARNESSING THE POWER OF THE PRIVATE SECTOR TO HELP PEOPLE LIFT THEMSELVES OUT OF POVERTY. A NONPROFIT ORGANIZATION OPERATING IN 29 COUNTRIES, WE WORK WITH ENTERPRISING MEN AND WOMEN IN THE DEVELOPING WORLD TO BUILD COMPETITIVE FARMS, BUSINESSES AND INDUSTRIES. IN 2015, TECHNOSERVE'S WORK DIRECTLY BENEFITTED 319,000 FARMERS, BUSINESSES AND EMPLOYEES, IMPROVING THE LIVES OF AN ESTIMATED 1.6 MILLION HOUSEHOLD MEMBERS. WE HELPED THESE BENEFICIARIES GENERATE $75.3 MILLION IN ADDITIONAL REVENUE AND WAGES. AS AN INDICATION OF LONG-TERM GROWTH WE HELPED CATALYZE $36.5 MILLION IN PRIVATE SECTOR INVESTMENT IN FARMS AND BUSINESSES. BREAKING THIS IMPACT DOWN INTO REGIONS, LATIN AMERICA AND THE CARIBBEAN HAD THE LARGEST NUMBERS, SEEING $29.6 MILLION IN ADDITIONAL REVENUE AND WAGES, BENEFITTING 48,000 FARMERS, BUSINESS AND EMPLOYEES AND GENERATING $36.5 MILLION IN PRIVATE SECTOR INVESTMENT. EAST AFRICA ALSO HAD STRONG NUMBERS WITH $25.7 MILLION IN ADDED REVENUE AND WAGE, 180,000 DIRECT BENEFICIARIES AND $11.1 MILLION IN PRIVATE SECTOR INVESTMENT. WEST AND SOUTHERN AFRICA HAD A COMBINED IMPACT OF $19.3 MILLION IN REVENUE AND WAGES, 87,000 DIRECT BENEFICIARIES AND $8.4 MILLION IN PRIVATE SECTOR INVESTMENT. OUR EFFORTS IN THE COUNTRY OF INDIA GENERATED $700,000 IN ADDITIONAL REVENUE AND WAGES, BEFITTED 4,000 BENEFICIARIES AND CATALYZED $300,000 IN PRIVATE SECTOR INVESTMENT.IN MEXICO, TECHNOSERVE HAS SUPPORTED 4,000 AGRICULTURE AND DAIRY SMALLHOLDERS SINCE 2011. TECHNOSERVE HAS PROVIDED TECHNICAL ASSISTANCE AND BUSINESS SUPPORT TO HELP SMALL FARMERS INCREASE PRODUCTIVITY AND QUALITY. MORE THAN 8 FARMER ORGANIZATIONS HAVE BEEN ABLE TO SELL THEIR PRODUCT DIRECTLY WITHOUT INTERMEDIARIES TO MULTINATIONAL CORPORATIONS. AGRICULTURE FARMERS HAVE OBSERVED PRICE INCREMENTALS FROM 10 TO 100 PERCENT, DEPENDING ON THE CROP. FARMERS HAVE SOLD TOMATO, ZUCCHINI, GRAPEFRUIT, WATERMELON, MELON, LEMON, MANGO, BROCCOLI AND OTHER VEGETABLES FULFILLING QUALITY SPECIFICATIONS. IN DAIRY, MORE THAN 300 FARMERS HAVE IMPROVED THEIR INFRASTRUCTURE AND TECHNICAL SKILLS INCREASING LITERS PER COW AND COWS PER FARMER. THE FIRST COHORT OF DAIRY FARMERS HAS ALREADY TRIPLED THEIR NET INCOMES.IN CENTRAL AMERICA AND THE CARIBBEAN, TECHNOSERVE CONTINUES TO CATALYZE ENTREPRENEURSHIP THROUGH ITS IMPULSA TU EMPRESA PROGRAM. IN 2015, TECHNOSERVE SUPPORTED MORE THAN 550 ENTREPRENEURS ACROSS NICARAGUA, HONDURAS, GUATEMALA, AND EL SALVADOR, THE LARGEST NUMBER IN A SINGLE YEAR TO DATE. THE PROGRAM PROVIDES BUSINESS DEVELOPMENT SUPPORT TO SMALL AND GROWING BUSINESS IN THE REGION FOR THE ENTERPRISES IT SUPPORTS. TECHNOSERVE HAS ALSO BEEN A LEADER IN DEVELOPING THE COFFEE SECTOR IN THE REGION WITH COFFEE PROJECTS IN GUATEMALA AND HONDURAS. IN HONDURAS THE SUSTAINABLE AGRICULTURAL IMPROVEMENT PROJECT BENEFITTED MORE THAN 26,500 SMALL SCALE COFFEE AND BEAN PRODUCERS IN 2015. THE COFFEE FARMERS HAVE SEEN THEIR COFFEE REVENUES INCREASE BY 60 PERCENT.IN SOUTH AMERICA, THE ORGANIZATION RECEIVED AN EXTENSION FROM ITS PARTNER ON ITS SUCCESSFUL ECONOMIC DEVELOPMENT ALLIANCE FOR SAN MARTIN PROGRAM. THE PROGRAM HAS BEEN WORKING TO TRANSITION THE ECONOMY FROM COCA CULTIVATION TO COFFEE AND COCOA PRODUCTION. OVER THE FIVE YEARS OF THE PROGRAM, IT HAS ASSISTED MORE THAN 21,000 COCOA FARMERS TO INCREASE YIELDS BY 38 PERCENT AND THEY HAVE SOLD OVER $10.5 MILLION BEANS DIRECTLY TO EXPORTERS.IN SUB-SAHARAN AFRICA, THE PROGRAM CONTINUES TO HAVE A LARGE FOOTPRINT WITH A NUMBER OF SUCCESSES IN EAST AFRICA, WEST AFRICA AND SOUTHERN AFRICA. IN EAST AFRICA, THE STRENGTHENING RURAL YOUTH THROUGH DEVELOPMENT PROGRAM CONTINUES TO BE QUITE SUCCESSFUL. WITH THE COMPLETION OF THE FIRST PHASE OF THE PROJECT, THE SECOND PHASE OF THE PROGRAM ANNOUNCED IN 2015 LOOKS TO SCALE THE PROGRAM TO NEW GEOGRAPHIES AND STRENGTHEN AFTERCARE FOR THE YOUNG ENTREPRENEURS. NEARLY 15,500 YOUTH HAVE SUCCESSFULLY GRADUATED FROM THE PROGRAM AND INCOMES HAVE INCREASED BY 133 PERCENT.IN SOUTHERN AFRICA, ENTREPRENEURSHIP SUPPORT FOR WOMEN AND YOUTH IS A HIGHLIGHT. THE ACCELERATING WOMEN AND YOUTH ENTERPRISES IN SOUTH AFRICAN METROS PROGRAM COMPLETED ITS SECOND CYCLE IN 2015. ALL BUSINESSES THAT COMPLETED THE PROGRAM REPORTED AN INCREASE IN THEIR REVENUES, FOR A COMBINED TOTAL OF NEARLY $125,000, AFTER THE SUPPORT FROM THE PROGRAM.IN WEST AFRICA, THE CASHEW LIVELIHOOD PROGRAM IS HELPING TO RAISE THE INCOMES OF 6,000 NIGERIAN CASHEW FARMERS THROUGH TRAINING ON GOOD AGRONOMIC PRACTICES, FARMING AS A BUSINESS AND IMPROVED HARVEST METHODS. THE PROGRAM'S GREAT SUCCESS HAS BEEN ITS ABILITY TO ENGAGE FEMALE CASHEW FARMERS, WHO MAKE UP 47 PERCENT OF THE FARMERS ENROLLED IN THE TRAINING PROGRAM DESPITE ONLY CONSTITUTING LESS THAN 15 PERCENT OF NIGERIA'S CASHEW FARMERS.IN INDIA, TECHNOSERVE CONTINUES TO SUPPORT AGRICULTURE AND ENTREPRENEURSHIP. IN 2015, TECHNOSERVE PILOTED A PROGRAM TO SUPPORT FEMALE FARMERS THROUGH THE FORMATION OF PRODUCER ORGANIZATIONS. THE PROGRAM IS HELPING TO CONNECT THESE GROUPS TO MARKETS AND INSTITUTIONAL BUYERS THROUGH ONLINE TRADING PLATFORMS. IN JUNE, A FEDERATION OF PRODUCER GROUPS IN THE BIHAR REGION WAS ABLE TO PROCURE OVER 1,000 TONS OF MAIZE FROM NEARLY 300 SMALLHOLDERS. THESE GROUPS SAW A 15 PERCENT INCREASE IN THE PRICE FOR THEIR MAIZE. TECHNOSERVE ALSO LAUNCHED A PARTNERSHIP WITH J.P. MORGAN TO SUPPORT YOUTH ENTREPRENEURS IN MUMBAI, WHICH FOCUSED PROVIDING TRAINING AND EMPLOYMENT OPPORTUNITIES FOR 1,250 YOUTH. 75385060 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 X 82 0 1 211 1 0 1 CI CO ES UK GH GT HO KE MZ NU WZ PE RW SF TZ UG ZA IV NI ET ZI MX BN BR BC HA IN MI OD 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC FL GA IL IN IA KS KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X X X NINA PENA 2027854515 1120 19TH ST NW 8TH FL WASHINGTON DC 20036 PAUL E TIERNEY CHAIRMAN 10.00 X X 0 0 0 PETER A FLAHERTY VICE CHARMAIN 3.00 X X 0 0 0 JOHN CARON VICE CHARMAIN 3.00 X X 0 0 0 JENNIFER BULLARD BROGGINI SECRETARY 3.00 X X 0 0 0 SUZANNE NORA JOHNSON TREASURER 3.00 X X 0 0 0 SCOTT BAKER DIRECTOR 1.50 X 0 0 0 JERRY BALDWIN DIRECTOR 1.50 X 0 0 0 THOMAS C BARRY DIRECTOR 1.00 X 0 0 0 ANTHONY BLOOM DIRECTOR 1.00 X 0 0 0 TITUS BRENNINKMEIJER DIRECTOR 1.50 X 0 0 0 MICHAEL J BUSH DIRECTOR 1.50 X 0 0 0 ROBERT B CALHOUN DIRECTOR 1.00 X 0 0 0 ALAN COHEN DIRECTOR 1.50 X 0 0 0 LAURA CORB DIRECTOR 1.00 X 0 0 0 RUSSELL FAUCETT DIRECTOR 1.00 X 0 0 0 MIKE FERNANDEZ DIRECTOR 1.00 X 0 0 0 BARRY HALL DIRECTOR 1.50 X 0 0 0 HARVEY HELLER DIRECTOR 1.00 X 0 0 0 RACHEL HINES DIRECTOR 1.50 X 0 0 0 AEDHMAR HYNES DIRECTOR 1.00 X 0 0 0 CHARLIE MOORE DIRECTOR 1.00 X 0 0 0 MICHELLE PELUSO DIRECTOR 1.50 X 0 0 0 KURT C PETERSON DIRECTOR 1.50 X 0 0 0 MIKE FERNANDEZ DIRECTOR 1.00 X 0 0 0 BRUCE HEEREMA DIRECTOR 1.00 X 0 0 0 BETH BROOKE-MARCINIAK DIRECTOR 1.00 X 0 0 0 MEGHAN O'SULLIVAN DIRECTOR 1.00 X 0 0 0 OKEY ENALAMAH DIRECTOR 1.00 X 0 0 0 JERRY RIESSEN DIRECTOR 1.00 X 0 0 0 WILLIAM WARSHAUER PRESIDENT & CEO 40.00 X 342751 0 56984 KEVIN WELCH CFO 40.00 X 36487 0 2162 GEORGE SCHUTTER ENDING 0515 CFO 40.00 X 102862 0 12597 JOCELYN STARZAK GENERAL COUNSEL/ASSISTANT SECRETARY 40.00 X 123908 0 14707 TIMOTHY MCLELLAN COO 40.00 X 260800 0 56972 AGNIESZKA ZIEMINSKA YANK VP, HR 40.00 X 191315 0 58035 DAVID BROWNING SVP 40.00 X 235709 0 28815 JOHN KEIGHTLEY VP, DEVELOPMENT & COMMUNIC 40.00 X 194322 0 49960 SIMON WINTER SVP 40.00 X 207459 0 46933 BRENT HABIG REGIONAL DIRECTOR 40.00 X 464217 0 39721 CHRIS DONOHUE DEPUTY RD-EA 40.00 X 366676 0 37015 JOHN WALTER COUNTRY DIRECTOR 40.00 X 311496 0 37616 KINDRA HALVORSON REGIONAL DIRECTOR 40.00 X 294846 0 43639 DASHIEL DOUGLAS NURTURE PROGRAM DIRECTOR 40.00 X 225466 0 31182 STACEY DAVES-OHLIN FORMER GENERAL COUNSEL/ASSISTANT SECRETARY 0.00 X 107723 0 0 3466037 0 516338 63 1 1 0 ROBERT HALF 12400 COLLECTION CENTER DRIVE CHICAGO IL 60693 TEMPORAL STAFF 321380 TECHNOBRAIN 9128 STRADA PLACE SUITE 10115 NAPLES FL 34108 CONSULTING SERVICES 272194 FALLETTI WEBER CONSULTING GROUP POBOX 1379 BOULDER CO 803061379 INTERNAL AUDIT SERVICES 196350 MCGLADREY LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 AUDITING SERVICES 142250 MAL WARWICK & ASSOCIATES INC 1015 18TH STREET NW SUITE 805 WASHINGTON DC 20036 FUNDRAISING SERVICES 103336 5 27381570 58832870 3272678 86214440 PROJECT FEES 900099 3685 3685 3685 99867 99867 14413 0 14413 14413 14413 OTHER INCOME 900099 48461 48461 48461 86380866 3685 0 162741 X 9467348 9467348 2528355 1140664 1187996 199695 24364178 21196173 2860250 307755 1846585 1533767 277974 34844 9764928 8324275 1281631 159022 1705313 1416426 256708 32179 258144 169947 88197 294865 117372 177493 200142 200142 14044447 12322485 1088775 633187 300852 300852 2398932 2173178 196756 28998 1479945 1321376 156747 1822 2100753 1343545 757208 6802289 6291892 469579 40818 3666 3666 714902 662559 52343 281168 57831 223337 OPERATIONS 5209057 4703312 432887 72858 AUTO EXPENSES 2848198 2838392 7526 2280 86614067 75385060 9515407 1713600 32568 17079 51448362 40329608 11072314 10335233 1978840 2145923 18404 4585 1788923 1517089 10973544 8338327 2061137 2635217 401888 370451 68802436 57355185 3531731 4500072 52822095 41752176 3042745 3558143 59396571 49810391 X 7533722 7004647 1872143 540147 9405865 7544794 68802436 57355185 X -233201 -27681 -1600189 X X 0 1 X 1 1 1 X 55744636 68638303 79915320 76304736 86214440 366817435 55744636 68638303 79915320 76304736 86214440 366817435 38449594 328367841 102748 87963 89405 107641 99867 487624 201840 230084 215713 102050 48461 798148 368103207 148565 0.89210 0.82620 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2011 AMOUNT: $ 201,840. 2012 AMOUNT: $ 230,084. 2013 AMOUNT: $ 215,713. 2014 AMOUNT: $ 102,050. 2015 AMOUNT: $ 48,461. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 556339 186447 369892 7912526 6800204 1112322 2504679 1351676 1153003 2635217 ACCRUED EMPLOYEE BENEFITS 3558143 3558143 X 88188884 -27681 2021393 -185694 1808018 86380866 0 86380866 88635460 2021393 2021393 86614067 0 86614067 PART X, LINE 2: TECHNOSERVE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, TECHNOSERVE HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION. INCOME, WHICH IS NOT RELATED TO ITS EXEMPT PURPOSE, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. TECHNOSERVE HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2015. MANAGEMENT HAS EVALUATED TECHNOSERVE'S TAX POSITIONS AND HAS CONCLUDED THAT TECHNOSERVE HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE. TECHNOSERVE FILES TAX RETURNS IN THE U.S. FEDERAL AND WASHINGTON, D.C. JURISDICTIONS. GENERALLY, TECHNOSERVE IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON EXCHANGE -185,694. 1 CENTRAL AMERICA AND THE CARIBBEAN 5 212 PROGRAM SERVICE AG ASSISTANCE 10689584 CENTRAL AMERICA AND THE CARIBBEAN GRANTMAKING 966770 NORTH AMERICA 2 90 PROGRAM SERVICE AG ASSISTANCE 3799929 NORTH AMERICA GRANTMAKING 8853 SOUTH AMERICA 4 21 PROGRAM SERVICE AG ASSISTANCE 5194770 SOUTH AMERICA GRANTMAKING 616041 SOUTH ASIA 1 104 PROGRAM SERVICE AG ASSISTANCE 2902246 SOUTH ASIA GRANTMAKING 443505 SUB-SAHARAN AFRICA 17 1114 PROGRAM SERVICE AG ASSISTANCE 52712041 SUB-SAHARAN AFRICA GRANTMAKING 7432179 12 427 17 1114 29 1541 24621698 60144220 84765918 CENTRAL AMERICA AND THE CARIBBEAN 51003 - SEED CAPITAL 21750 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 51004 - OTHER DISBURSEMENTS 8779 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 51001 - BPC AWARDS/PRIZES 39804 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 52001 - LOCAL NGO'S 45000 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 52002 - INTERNATIONAL NGO'S 784347 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 51001 - BPC AWARDS/PRIZES 11000 WIRE TRANSFER / CHECKS CENTRAL AMERICA AND THE CARIBBEAN 52002 - INTERNATIONAL NGO'S 56090 WIRE TRANSFER / CHECKS NORTH AMERICA 52002 - INTERNATIONAL NGO'S 8853 WIRE TRANSFER / CHECKS SOUTH AMERICA 51003 - SEED CAPITAL 219440 WIRE TRANSFER / CHECKS SOUTH AMERICA 52003 - LOCAL INSTITUTIONS 13232 WIRE TRANSFER / CHECKS SOUTH AMERICA 52003 - LOCAL INSTITUTIONS 383369 WIRE TRANSFER / CHECKS SOUTH ASIA 52002 - INTERNATIONAL NGO'S 443505 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 12551 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51002 - BPC AFTER CARE 146415 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51003 - SEED CAPITAL 175231 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51001 - BPC AWARDS/PRIZES 85574 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 52517 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51004 - OTHER DISBURSEMENTS 546713 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52002 - INTERNATIONAL NGO'S 1827440 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 1164409 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51004 - OTHER DISBURSEMENTS 147900 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 30039 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51003 - SEED CAPITAL 102598 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51004 - OTHER DISBURSEMENTS 897493 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51001 - BPC AWARDS/PRIZES 23801 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 9652 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52001 - LOCAL NGO'S 296379 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52002 - INTERNATIONAL NGO'S 307500 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 52003 - LOCAL INSTITUTIONS 483208 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51004 - OTHER DISBURSEMENTS 6703 WIRE TRANSFER / CHECKS SUB-SAHARAN AFRICA 51003 - SEED CAPITAL 1111971 WIRE TRANSFER / CHECKS 31 0 0 1 1 0 0 0 PART I, LINE 2: TECHNOSERVE MAINTAINS OFFICES IN TWENTY-NINE COUNTRIES WHERE PROGRAMS/PROJECTS ARE CONDUCTED. EACH OFFICE MAINTAINS ACCOUNTING RECORDS TO RECORD THE USE OF ALL FUNDS PROVIDED. A SYSTEM OF INTERNAL CONTROLS EXISTS TO ENSURE THAT ALL TRANSACTIONS ARE RECORDED PROPERLY. ADDITIONALLY, TECHNOSERVE CONDUCTS INTERNAL AUDITS AND REVIEWS TO ENSURE THAT CONTROLS ARE FOLLOWED AND TRANSACTIONS ARE PROPERLY RECORDED. PART I, LINE 3: THE ORGANIZATION USES GAAP TO REPORT EXPENDITURES IN A FOREIGN REGION. X X X X X X 1 MAL WARWICK & ASSOCIATES INCDONOR DIGITAL 015 18TH STREET NW SUITE 805 WASHINGTON DC 20036 DIRECT MAIL/ONLINE FUNDRAISING 0 466294 103336 362958 FAIRCOM 12 WEST 27TH STREET 13TH FLOOR NEW YORK NY 10001 DIRECT MAIL/ONLINE FUNDRAISING 0 390915 96807 294108 857209 200143 657066 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY SCHEDULE G, PART I, LINE 2 MAL WARWICK AND FAIRCOM WERE RETAINED AS FUNDRAISING COUNSEL FOR TECHNOSERVE'S DIRECT MAIL AND PRINTING PROGRAM. ALL CONTRIBUTIONS ARE DELIVERED DIRECTLY TO TECHNOSERVE. TECHNOSERVE PAYS MAL WARWICK AND FAIRCOM DIRECTLY FOR THEIR ADVISORY AND PRINTING SERVICES. X X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 WILLIAM WARSHAUER PRESIDENT & CEO 342061 0 0 0 690 0 32083 0 24901 0 399735 0 0 0 TIMOTHY MCLELLAN COO 260110 0 0 0 690 0 31620 0 25352 0 317772 0 0 0 AGNIESZKA ZIEMINSKA YANK VP, HR 190625 0 0 0 690 0 22442 0 35593 0 249350 0 0 0 DAVID BROWNING SVP 235019 0 0 0 690 0 26111 0 2704 0 264524 0 0 0 JOHN KEIGHTLEY VP, DEVELOPMENT & COMMUNIC 193872 0 0 0 450 0 22756 0 27204 0 244282 0 0 0 SIMON WINTER SVP 206769 0 0 0 690 0 25425 0 21508 0 254392 0 0 0 BRENT HABIG REGIONAL DIRECTOR 212067 0 0 0 252150 0 20488 0 19233 0 503938 0 0 0 CHRIS DONOHUE DEPUTY RD-EA 161600 0 0 0 205076 0 16309 0 20706 0 403691 0 0 0 JOHN WALTER COUNTRY DIRECTOR 218026 0 0 0 93470 0 23030 0 14586 0 349112 0 0 0 KINDRA HALVORSON REGIONAL DIRECTOR 206429 0 0 0 88417 0 22034 0 21605 0 338485 0 0 0 DASHIEL DOUGLAS NURTURE PROGRAM DIRECTOR 91282 0 0 0 134184 0 11485 0 19697 0 256648 0 0 0 STACEY DAVES-OHLIN FORMER GENERAL COUNSEL/ASSISTANT SEC 0 0 0 0 107723 0 0 0 0 0 107723 0 0 0 PART I, LINE 1A TECHNOSERVE WILL PROVIDE APPROPRIATE AND REASONABLE HOUSING FOR CERTAIN STAFF (EXPATRIATE OR THIRD COUNTRY NATIONAL EMPLOYEES WORKING OVERSEAS) TECHNOSERVE WILL NOT COVER THE COSTS OF UTILITIES OR HOUSEHOLD HELP. TECHNOSERVE WILL DIRECTLY EMPLOY SECURITY STAFF AS APPROPRIATE. THE VP OF HR WILL DETERMINE A REASONABLE REIMBURSABLE AMOUNT FOR MONTHLY RENT BUT IT MAY NOT EXCEED 30% OF ANNUAL BASE SALARY OR, IF APPLICABLE, THE MAXIMUM USAID ALLOWANCE AT THAT LOCATION. ANY OTHER SPECIAL HOUSING COSTS WHICH MAY ARISE MUST BE APPROVED BY THE VP OF HR. US EXPATRIATES SHOULD NOTE THAT HOUSING ALLOWANCES ARE CONSIDERED EARNED INCOME AND ARE, THEREFORE, SUBJECT TO US SOCIAL SECURITY AND INCOME TAXES. BELOW ARE EMPLOYEES LISTED ON PART VII WHO RECEIVED HOUSING ALLOWANCE DURING THE YEAR: BRENT HABIG $58,636 JOHN WALTER $19,273 KINDRA HALVORSON $61,186 CHRIS DONOHUE $35,512 DASHIEL DOUGLAS $27,039 ANNUAL TRAVEL ALLOWANCE: TECHNOSERVE WILL ASSIST THE EMPLOYEE (EXPATRIATE OR THIRD COUNTRY NATIONAL EMPLOYEE WORKING OVERSEAS) AND THEIR FAMILY RESIDING AT POST (UP TO A MAXIMUM AGE OF 18) WITH AN ANNUAL ALLOWANCE (TO ASSIST WITH ONE TRIP ONLY), SHOULD THEY DECIDE TO TAKE TIME AWAY FROM THEIR POST. THIS ALLOWANCE IS PAID BASED ON ACTUAL EXPENSES INCURRED, UP TO CERTAIN LIMITS. THE MAXIMUM ANNUAL REIMBURSABLE AMOUNT IS $1750 PER ELIGIBLE EMPLOYEE AND/OR DEPENDENT: THESE ALLOWANCES APPLY TO EITHER ECONOMY CLASS AIRFARE OR THE REIMBURSEMENT OF MILEAGE FOR EMPLOYEES. LIKE OTHER ALLOWANCES, THIS PAYMENT MAY BE SUBJECT TO TAXATION. THE FOLLOWING EMPLOYEES RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS, WHICH ARE TAXABLE: BRENT HABIG $127,856 JOHN WALTER $70,467 CHRIS DONOHUE $91,771 DASHIEL DOUGLAS $54,378 PART I, LINE 4A STACEY DAVES-OHLIN RECEIVED $107,723 SEVERANCE PAYMENT IN CONNECTION WITH HER SEPARATION FROM THE ORGANIZATION. X 16 74438 FMV X GOV'T FOOD AID 1 3111750 SELLING PRICE X SOFTWARE 1 86490 SELLING PRICE 0 1 1 PART I, LINE 32B: TECHNOSERVE HIRED A CONTRACTOR/SALES AGENT TO HELP WITH THE TENDER AND SELLING PROCESS OF EACH OF THE SHIPMENTS OF THE COMMODITY DONATED BY U.S.DEPARTMENT OF AGRICULTURE. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS PREPARED AND REVIEWED INTERNALLY BY SENIOR MANAGEMENT AND PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. THE FINAL FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TECHNOSERVE'S CONFLICT OF INTEREST POLICY REQUIRES EACH DIRECTOR, OFFICER AND KEY EMPLOYEE TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AND RECUSE HIM/HER SELF FROM ANY INVOLVEMENT IN A DECISION IN WHICH THE INDIVIDUAL HAS OR MAY HAVE A CONFLICT OF INTEREST. ON AN ANNUAL BASIS, EACH DIRECTOR, OFFICER AND KEY EMPLOYEE IS REQUIRED TO COMPLETE A STATEMENT THAT INCLUDES AN ACKNOWLEDGEMENT THAT THE INDIVIDUAL HAS READ AND UNDERSTANDS THE POLICY, AGREES TO ABIDE BY THE POLICY AND DISCLOSES ANY CONFLICTS. IN ADDITION, THE ORGANIZATION HAS A POLICY THAT CLARIFIES THE PROCESS IN WHICH EMPLOYEES, VOLUNTEERS AND CONSULTANTS MAY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE VP OF HR CONDUCTS REVIEWS OF COMPENSATION INCLUDING BENCHMARKING AGAINST OTHER NON-PROFIT ORGANIZATIONS. SENIOR MANAGEMENT SALARIES AND INCREASES ARE PRESENTED TO AND SUBJECT TO APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE ORGANIZATION'S MOST RECENT FORM 990 IS ALSO AVAILABLE ON ITS WEBSITE AT WWW.TECHNOSERVE.ORG. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 12,322,485. MANAGEMENT AND GENERAL EXPENSES 1,088,775. FUNDRAISING EXPENSES 633,187. TOTAL EXPENSES 14,044,447. FORM 990, PART XI, LINE 9: LOSS ON EXCHANGE -185,694. CURRENCY TRANSLATION ADJUSTMENT -1,414,495. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. FORM 990, PART I, LINE 5 TECHNOSERVE WORLDWIDE NUMBER OF EMPLOYEES DURING THE 2015 IS 1,541, PART I LINE 5 SHOWS 211, FOR WHICH THE ORGANIZATION HAS ISSUED CORRESPONDING W-2S. 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