The American Ireland Fund (Dba the Ireland Funds America/the Ireland Funds)

What it reported doing in 2024

The american ireland fund supports the work of the ireland funds in ireland ("tifi"). Tifi is a separate and independent group, organized under irish law with its own board and officers. It provides support and education services to organizations annually in ireland and northern ireland in the areas of grant solicitation, fundraising and the board development of those organizations. Tifi also regularly visits organizations that have received funding, or hope to receive future funding, from the american ireland fund, to evaluate their prior and proposed future use of funds. Tifi works with a number of umbrella organizations in ireland to help develop ireland's philanthropic infrastructure and to further support charitable organizations in ireland and northern ireland.

Financial Efficiency

• Mission deployment rate: 85%; rating input score 85
• Program expense ratio: 88.5%; rating input score 88
• Fundraising efficiency: $17.61 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 96.7%; rating input score 97; 26th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th 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: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 7.8%; rating input score 62; 62nd percentile among comparable filings
• Total-asset coverage ratio: 1.03; rating input score 37; 37th percentile among comparable filings
• Liabilities to assets ratio: 0.27; rating input score 49; 49th percentile among comparable filings
• Officer compensation ratio: 5.3%; rating input score 48; 48th percentile among comparable filings

Growth

• Program expense growth: -0.4% per year; rating input score 0; 9th percentile among comparable filings
• Revenue growth: -0.7% per year; rating input score 0; 7th percentile among comparable filings
• Asset growth: 7% per year; rating input score 100; 49th percentile among comparable filings