Overview

Sign up for

Est.

2011

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The African Diaspora Network, with an EIN of 46-0632056, is a nonprofit organization focused on forestry and international development. Its mission is to accelerate Black leadership and entrepreneurship through the ABLE program, which supports 15-20 small businesses and nonprofit organizations led by Black entrepreneurs in the United States. With an operating budget of $1.2 million and total revenue of $1.1 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.africandiasporanetwork.org.

Mission Statement

Accelerating Black Leadership and Entrepreneurship (ABLE) is an enterprise accelerator program designed to strengthen, energize, and support 15-20 small businesses and nonprofit organizations led by Black entrepreneurs in the United States.
Revenues
$1.1M
Expenses
$1.3M
Net Income:
-$246.8K
Assets
$1.4M
Liabilities
$634.5K
Net Assets:
+$755.7K
Operating Budget
$1.2M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
8
Median grant size
$50.3K
Largest grant received
$312.5K
A
Almaz Negash
Board Member
K
Kedest Tesfagiorgis
Board Member
J
Josh Ghaim
Board Member

Frequently Asked Questions

What is African Diaspora Network’s budget?
In 2024, African Diaspora Network reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does African Diaspora Network support?
African Diaspora Network supports work in Forestry and International development.
Where does African Diaspora Network operate?
African Diaspora Network is headquartered in Santa Clara, CA.
Who funded African Diaspora Network recently?
In 2025, African Diaspora Network received grants from AMERICAN ONLINE GIVING FOUNDATION INC, BILL & MELINDA GATES FOUNDATION, and BILL & MELINDA GATES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant African Diaspora Network received in 2024?
The largest grant to African Diaspora Network in 2024 exceeds $313 thousand.
What is African Diaspora Network’s reliance on government grants?
African Diaspora Network relied on government grants for more than 25% of their total revenue in 2024.