Alphamundi Foundation Inc

Nonprofit profile at a glance

EIN
811764879
IRS 990 coverage
2018–2025
Forms available
Form 990 2025, Form 990-EZ 2017
Location
Washington, DC, USA
Phone
2629605145
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Relief

Official website

Reported finances

Revenue
$413,872
Expenses
$577,179
Assets
$115,160
Liabilities
$128,180

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • LISA SCHEIBLE WILLEMS (PRESIDENT, BOARD CHAIR, & SECRETARY)
  • SAWA NAKAGAWA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • SAWA NAKAGAWA (EXECUTIVE DIRECTOR): $155,470 total reported compensation
  • JAMES KARANJA (FINANCE MANAGER): $92,400 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Alphamundi foundation, inc. (the foundation) is a Washington, dc based non-profit with a mission to strengthen the long-term commercial viability of smes in africa and latin america to drive economic transformation. This leads to more jobs and income generation benefiting more people and in turn, increased purchasing power and improved qualities of life.

What it reported doing in 2025

Daraja impact - daraja impact is an innovative program designed to support high-impact smes in tanzania by providing catalytic impact-linked funding and technical assistance to grow their business and scale their impact outcomes to improve economic empowerment for women and/or youth. The program is implemented by seaf and alphamundi foundation and funded by the swiss agency for development and cooperation through the embassy of switzerland in tanzania. Funding includes impact-linked grants to loans between usd 50,000 and usd 250,000. In addition to capital, selected enterprises will also receive technical assistance support from daraja impact and membership in seafs center for entrepreneurship and executive development (ceed). In 2025, key milestones included onboarding flamingoo foods as a siinc recipient and advancing mazaohub and trianon through the investment pipeline, with mazaohub pending final approval in early 2026. Portfolio companies strengthened their impact management systems, with over 1,000 farmers trained, expanded supplier networks, and increased employment opportunities, particularly for women. Daraja also catalyzed significant capital mobilization, supporting portfolio companies to secure over usd 1.1 million in debt and equity financing, including usd 325,000 equity and usd 350,000 debt for goldenpot, usd 200,000 + usd 40,000 debt for flamingoo foods, and usd 75,000 secured with an additional usd 118,000 and working capital facility in progress for kazi yetu. These efforts contributed to strengthened value chains, improved enterprise resilience, and enhanced income-generating opportunities across the portfolio.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 69
  • Accountability: 86
  • Sustainability: 7
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93%; rating input score 93
  • Program expense ratio: 66.7%; rating input score 67
  • Fundraising efficiency: $5.2 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • 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: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Pass
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 81st 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; 64th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -39.5%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 1.11; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 42.9%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 10.9% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 93% of revenue deployed · 66.7% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $385K in reported program spending
  • Leadership: top reported pay $155K · 8 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.