2025-05-14T20:01:58-07:00 2024-12-31 990 2024-01-01 833945930 AMERICAN FRIENDS OF BEAN VOYAGE AMER 8574984375 1209 Orange Street Wilmington DE 19801 Sunghee Tark Co-founder 8574984375 2025-05-13 1 2024 2025-03-06 01:10:19Z Bean Voyage Sunghee Tark 1-26-12 Toyo DelCCS Toyo Building 4F Koto Tokyo JA 135-0016 419946 0 X www.beanvoyage.org X 2019 DE American Friends of Bean Voyage provides training and market access support to smallholder women coffee producers in Latin America, supporting them to gain tools, knowledge and network to lead thriving coffee businesses and their communities towards a sustainable future. 6 4 0 34 0 0 302858 374346 7898 42350 0 0 -1 3250 310755 419946 186539 325965 0 0 64290 81092 0 0 12266 17781 7204 268610 414261 42145 5685 136592 142277 0 0 136592 142277 X American Friends of Bean Voyage provides training and market access support to smallholder women coffee producers in Latin America, supporting them to gain tools, knowledge and network to lead thriving coffee businesses and their communities towards a sustainable future. 1 0 223170 239919 0 Resilient Communities Initiative: A 12-month rural incubator program that equips smallholder women coffee farmers with training, peer support, and seed capital to establish resilient farm businesses and break out of the vicious cycle of food insecurity and poverty. KPIs include 300 farmers enrolled; 12 weeks of virtual sessions + 1 national bootcamp; $50,000 distributed in seed funds; 119 project-led action plans supported. We have two programs in RCI: one in Costa Rica (250 participants) and one in Colombia (50 participants) 49987 47113 17716 Market Readiness Initiative: Equipping smallholder women coffee farmers with opportunities to establish direct trade relationships with specialty coffee buyers, earn higher farm-gate revenue and build thriving businesses. Bean Voyage has been running the Market Readiness Initiative since 2019. In 2023, The initiative has resulted in the following impact: Exported a total of 32+ tonnes of women-powered coffee globally. Assisted over 103 smallholder women coffee farmers in being market-ready and selling their coffee to buyers globally. Generated over $266,342 in farmgate income. Ensured a 212% increase in prices compared to the commodity markets. Expanded program from Costa Rica to Mexico. 110702 107314 24634 Women Powered Coffee Summit: A dynamic and inclusive 3-day gathering dedicated to fostering equity in the coffee industry, bringing together smallholder women coffee producers and other women coffee professionals in a safe and inclusive space. Number of participants at the Summit: 250; Number of producers participated: 124 8320 0 950 Amigos Program - hosted 45 students 8320 0 950 392179 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 1 1 0 DE X Sunghee Tark 8574984375 1 -26-12 Toyo DeLCCS Toyo Building 4F 135-0016 Koto Tokyo JA 135-0016 Sunghee Tark Board of Directors 40 0 X X 0 0 32500 Abhinav Khanal Board of Directors 40 0 X X 0 0 32500 Andrea Zinn Treasurer, Board of Directors 0.75 X 0 0 0 Debra Shapira Giving Committee Chair, Board of Directors 0.75 X 0 0 0 Maika Isogawa Secretary, Board of Directors 0.75 0 X 0 0 0 Alethia Kang Board of Directors 0.75 0 X 0 0 0 0 0 65000 0 0 0 0 0 0 0 0 0 0 374346 0 374346 Women-Powered Coffee Summit 611710 24634 24634 0 0 Green Coffee Sales 311920 17206 17206 0 0 Origin Trip 611710 480 480 0 0 Sales from roasted coffee 311920 30 30 0 0 0 0 0 0 42350 0 0 0 0 0 0 0 0 0 0 Refund from fundraising services provider that provided services in 2023 900099 3250 3250 0 0 0 0 0 0 3250 419946 45600 0 0 0 0 0 0 325965 325965 0 0 65025 50394 8128 6503 14617 14617 0 0 0 0 0 0 0 0 0 0 1450 1203 147 100 0 0 0 0 47 47 0 697 697 5663 5663 797 797 414261 392179 9816 12266 136592 142277 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 136592 142277 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 136592 142277 136592 142277 136592 142277 5685 0 0 0 0 0 X 0 0 0 X 31508 150958 205382 302888 374346 1065082 0 31508 150958 205382 302888 374346 1065082 181659 883423 0 1065082 66473 0.82944 0.78828 X Schedule A, Part I, Line 7 In previous years, American Friends of Bean Voyage had checked 'Line 10 (organization receiving 33.33% of revenue from public support. Although in the past 5 years it is accurate that the organization received more than 33.33% of revenue from public support, upon further review, the more accurate selection for American Friends of Bean Voyage is Line 7: an organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) i.e. Broad public support. Schedule A, Part II, Line 12 Other income from 2020-2024 mainly comes from roasted coffee sales and origin trips for univeristy students - two programs that compliment our program services. In 2025, business-related revenue was from Women-Powered Coffee Summit event tickets and sponsorships [$24,634.38], Green Coffee Sales [$17,206.43], Roasted coffee [$30.00], Origin Trip [$480.00]. An other income of $3250 was a result of a return in service fees from a fundraising organization that provided services in 2023 but refunded a partial fee to American Friends of Bean Voyage in 2024. Schedule A, Part II, Line 15 In previous years, American Friends of Bean Voyage had checked Line 10 under public charity status, upon further review, the correct selection should be Line 7. We have reviewed previous records to re-calculate the excess contributions data for 2019-2023 in order to assess the public support percentage for the 2023 tax year. For 2023, Part II, (1) Total Gifts, grants, contributions etc. for 2019-2023 = $713,600. (5) Excess contributions for 2019-2023 = $151,084. Total public support 2019-2023 = $562,516. (15) Percentage of public support 2023 = 78.828% RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 Central America and the Caribbean 0 0 Grantmaking Grants were made to 'Asociacion Bean Voyage' in Costa Rica, a Costa Rican not-for-profit association which carries out the mission of American Bean Voyage by delivering education, services, and market access to smallholder women farmers in Costa Rica. Asociacion Bean Voyage has its own employees and contractors. 226612 North America (including Canada and Mexico, but not the United States) 0 1 Program Services Payments were incurred in Mexico to operate our Market Readiness Initiative. 108498 South America 0 0 Program Services Payments were incurred in Colombia to operate our Resilient Communities Initiative. 5473 0 1 340583 Central America and the Caribbean Grants were made to 'Asociacion Bean Voyage' in Costa Rica, a Costa Rican not-for-profit association which carries out the mission of American Bean Voyage by delivering education, services, and market access to smallholder women farmers in Costa Rica. 226612 wire transfer 0 1 0 0 0 0 0 0 0 Schedule F, Part I, Line 2 Grants were made to a not-for-profit association registered in Costa Rica which carries out program services related to the mission of American Friends of Bean Voyage. The Costa Rican association provides detailed accounting to American Friends of Bean Voyage and anannual request for funding. The reporting is provided to the Board of Directors and approved by the Board of Directors. In parallel, the organization has operated activities in Mexico and Colombia for which it pays independent contractors and reimburses expenses; for these activities American Friends of Bean Voyage receives line-item receipts to report on use of funds. Form 990, Part III, Line 2 The organization expanded the programs' geographical reach to other countries (Colombia) through partnerships while maintaining the focus and mission of the organization. Form 990, Part III, Line 3 The organiztion launched programming in Colombia in 2024 under the Resilient Communities Inaitiative (Colombia) Form 990, Part VI, Section A, Line 9 Please forward all mail for the key officers and board members to: Bean Voyage, 2874 Reserve View Boulevard, Building 2, Suite 204, Lakeland, Florida 33810-5232 Form 990, Part VI, Section B, Line 11b The Treasurer, Chief Executive Officer, and Executive Director have jointly prepared the tax forms. All three of these officers are members of the board of directors. A copy of the PDF will be shared to the remaining board members prior to filing. Form 990, Part VI, Section B, Line 15 The payments to the CEO and Executive Director, who are hired as independent foreign contractors, are determined based on a proposal to the board and a vote by the board of directors to approve the annual payments to these two executive officers. The proposal is submitted annually during the budget approval process. Increase in fees is also influenced by 360 reviews from their teammates. Form 990, Part VI, Section C, Line 19 Governing documents are available upon request.