Cnfa

What it reported doing in 2024

Yalwa project niger: project in niger supports USAID's regional resilience in the sahel enhanced (rise) ii objectives by transforming market ecosystems in the maradi, tillabri, and zinder regions. Yalwa will expand and improve market linkages; build individual and institutional capacities; encourage vulnerable populations to buy and consume safe and nutritious foods; and engage processors and traders to profitably meet this demand. Yalwa will train and mentor a cadre of service providers who can provide market actors with high-quality services. New market linkages and better services will increase the organizational, financial, and risk-management capacity of farmer organizations, livestock market management committees, and small and medium-sized enterprises (smes) agrodealers, traders, processors and generate increased sales and incomes along targeted value chains. Through a mix of catalytic grants and private-sector financing, women and young entrepreneurs will bring productivity enhancing innovations and services to market. The yalwa collaborating, learning, and adapting approach will leverage knowledge generated through reviews of performance monitoring data, cost benefit analyses, and other evidence to guide adaptation, simplification, and cost reduction and create an enabling environment for market systems to thrive.

Financial Efficiency

• Mission deployment rate: 82.2%; rating input score 82
• Program expense ratio: 82.4%; rating input score 82
• Fundraising efficiency: $31.06 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • 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: 95.9%; rating input score 96; 29th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 83.3%; rating input score 83; 31st percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.3%; rating input score 33; 33rd percentile among comparable filings
• Total-asset coverage ratio: 0.26; rating input score 8; 8th percentile among comparable filings
• Liabilities to assets ratio: 0.63; rating input score 26; 26th percentile among comparable filings
• Officer compensation ratio: 4.1%; rating input score 25; 25th percentile among comparable filings

Growth

• Program expense growth: 8.1% per year; rating input score 100; 65th percentile among comparable filings
• Revenue growth: 8.6% per year; rating input score 100; 70th percentile among comparable filings
• Asset growth: 12.1% per year; rating input score 100; 78th percentile among comparable filings