Sodev International

Nonprofit profile at a glance

EIN
522260489
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023, Form 990-N 2020
Location
Washington, DC, USA
Phone
2027440773
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Development

Official website

Reported finances

Revenue
$158,811
Expenses
$123,879
Assets
$139,643
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • Felicite A Adjahouinou (President)
  • Kathy Deboe (Vice President/Treasurer)

People named in this filing

  • Felicite A Adjahouinou (President)
  • Kathy Deboe (Vice President/Treasurer)
  • Fatimata Sy (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the organization is to improve the living conditions of the less fortunate in rural sub-Saharan Africa through education, training & capacity-building programs, and provide material or financial assistance. Several programs and projects are currently being implemented in Benin, West Africa.

What it reported doing in 2023

Capacity-building program for artisans: Designed for people willing to learn manual work, this program covers the creative beadwork project, African fabrics project, and the Design Plus project. Training materials have been prepared during the year. Approximately 300 people have been trained (in groups and individually)

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 100% 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 100
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.9%; rating input score 53
  • Program expense ratio: 67.8%; rating input score 68

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 22%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 9.9%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 27.5% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 29.7% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 22.3% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 52.9% of revenue deployed · 67.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $84K in reported program spending
  • Leadership: top reported pay $0 · 20 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.