Massachusetts · Nonprofit
AFRICA EXCHANGE PROJECT INC
AFRICA EXCHANGE PROJECT INC (Massachusetts) receives grants from 5 organizations whose IRS filings report $135,663 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($64,285). 4 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $106k
- Funders on record
- 5
- Grants received
- $136k
- Net assets
- $36k
What Africa Exchange Project Inc does
Mission
To work in partnership with local organizations and individuals in rural tanzania to provide clean water improve education and healthcare and share culture.
As stated on its FY2024 Form 990-EZ.
Programs
Funding of construction of science classrooms at pomerini secondary school tanzania; approximately 500 students will benefit
$31,000 spentof which $31,500 as grants31% of program spendingFunding of 10 girls scholarships at pomerini secondary school 3 girls scolarships at dabaga agricultural institute and providing additional assistance to scholarship students in the form or tutoring and health insurance
$13,723 spentof which $13,723 as grants14% of program spendingFunding of pomerini primary school classroom renovation and new classroom furniture; more than 500 students will benefit
$26,500 spentof which $26,500 as grants26% of program spendingOther program services in pomerini tanzania including purchasing medical supplies for the pomerini dispensary providing food and supplies for the elderly more than 100 women and men and supporting the pomerini kindergarten 75 children
$29,237 spentof which $29,237 as grants29% of program spending
The 4 programs described on its FY2024 Form 990-EZ. Program spending in total: $100,460.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $40k to $25k (−39%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of AFRICA EXCHANGE PROJECT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
Leadership and staff
Board chair
Jim Ahern
Chairperson
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $6k → $367.
3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 62% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AFRICA EXCHANGE PROJECT INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AFRICA EXCHANGE PROJECT INC leans on a few funders — its largest provides 47% of grant income and the top three 99%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
62% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AFRICA EXCHANGE PROJECT INC.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 76% · 2023 95% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
62% of AFRICA EXCHANGE PROJECT INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $51k that is directly attributable, 100% of it comes from funders outside Massachusetts, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $84k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
AFRICA EXCHANGE PROJECT INC has grown faster than half of the 4,524 international nonprofits its size.
this organization peer median middle 50% of peers· 4,524 international nonprofits $100k–$1M, FY2024
Organizations like AFRICA EXCHANGE PROJECT INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
69%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for AFRICA EXCHANGE PROJECT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AFRICA EXCHANGE PROJECT INC?
- AFRICA EXCHANGE PROJECT INC (Massachusetts) receives grants from 5 organizations whose IRS filings report $135,663 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($64,285). 4 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does AFRICA EXCHANGE PROJECT INC have?
- IRS filings report 5 organizations giving $135,663 in grants to AFRICA EXCHANGE PROJECT INC, 4 of which have funded it in more than one year.
- Who is the largest funder of AFRICA EXCHANGE PROJECT INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $64,285 in grants. The full list of funders is on this page.
- How can an organization like AFRICA EXCHANGE PROJECT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Africa Exchange Project →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing