Agros International

What it reported doing in 2024

At agros, we believe that rural families are not defined by poverty, but by potential. For more than four decades, we have walked alongside farming families across central america, putting land and business ownership into their hands and empowering them to create lasting wealth and dignity for future generations. Guided by our faith in christ and by the conviction that every family has the right to write and lead their own story, agros has transformed the lives of more than 23,000 individuals since our founding.2024 marked a year of both celebration and bold beginnings. As we commemorated agros' 40th anniversary, we laid the foundation for an ambitious five-year impact plan designed to reach 50,000 people by 2034. Thanks to the trust and generosity of our supporters, in 2024 we secured the resources to purchase land and prepare for agros' historic return to honduras, and to expand our programs in nicaragua and guatemala.across 99 villages and two countries, agros served 10,706 people through four key programs: land ownership, market-led agriculture, financial empowerment, and health & well-being. These efforts are not simply services - they are pathways to ownership and prosperity. Families in our la bendicin harvest of hope center, agros agribusiness training hub in nicaragua, broke records in agribusiness revenues, with some paying off their land in their very first year, an achievement once unimaginable.our work also delivered measurable value: an independent evaluation in three nicaraguan communities showed that every dollar invested in agros generated $3.62 in social value, proving the extraordinary return on investment that your partnership makes possible.2024 was also a year of innovation. Through climate-smart practices, rural families increased crop yields by up to 32% while capturing over 200 tons of co2 emissions - turning villages into resilient, sustainable communities.in guatemala, our women entrepreneurship program (wep) remained a cornerstone of agros' initiatives in 2024, providing financial resources, mentorship, technical assistance, and training opportunities for women-led businesses. The wep grew to serve 912 clients - 100% of whom live in marginalized rural areas and 80% of whom are women - with an average loan size of $605, about 15% of the country's per capita income, reflecting a high level of financial inclusion and reaching economically vulnerable populations. The program supported over 90 village banks across 80 communities - reinforcing its commitment to financial accessibility for women entrepreneurs.likewise, we set the groundwork for agro-emprende, our first youth-oriented entrepreneurship program.these steps reflect how 2024 served as a pivotal year of preparation and momentum for what is now becoming a new era of impact.

Financial Efficiency

• Mission deployment rate: 30.8%; rating input score 31
• Program expense ratio: 64.7%; rating input score 65
• Fundraising efficiency: $6.59 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: 6 of 8 controls in place; rating input score 75
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Pass
  • Conducts field audits: Pass
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Pass
  • Requires grant agreements: Pass
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 53.2%; rating input score 93; 93rd percentile among comparable filings
• Total-asset coverage ratio: 2.44; rating input score 68; 68th percentile among comparable filings
• Liabilities to assets ratio: 0.12; rating input score 55; 55th percentile among comparable filings
• Officer compensation ratio: 8.9%; rating input score 34; 34th percentile among comparable filings

Growth

• Program expense growth: -1.2% per year; rating input score 0; 10th percentile among comparable filings
• Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
• Asset growth: 0.1% per year; rating input score 100; 12th percentile among comparable filings