Academy for Educational Development
Nonprofit profile at a glance
- EIN
- 136110212
- IRS 990 coverage
- 2010–2011
- Forms available
- Form 990 2011
- Location
- Washington, DC, USA
- Phone
- 2028848107
- Rating confidence
- Limited
- Sector
- International Environment, Population & Sustainability
Reported finances
- Revenue
- $202,437,786
- Expenses
- $213,308,566
- Assets
- $5,258,741
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
18 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Aed is a nonprofit organization committed to improving education, health, social, and economic development. Generating and applying knowledge, through formal education programs as well as training, communication, and capacity development is the common thread in all our work. Aed implements more than 300 programs serving people in the u.s. And more than 150 countries. This mission ended june 30, 2011.
What it reported doing in 2011
The aed global learning group improves access to quality education for all and extends learning opportunities through the effective use of technology in more than 30 developing countries. In partnership with policymakers, faculty, and educators at national and local levels, as well as in schools and communities, aed's programs focus on learners and learning environments, help countries link school and meaningful work, and integrate technology into education strategies. Promoting gender and equity perspectives, is a focal point of our work. Supports effective leadership for change by developing individual and institutional capabilities supporting sustainable energy development, fostering collaboration and the exchange of ideas, and promoting social responsibility.
Operating model
- Revenue model
- Grant-funded. 86% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 67
- Accountability: 91
- Sustainability: 25
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 13th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 4 of 8 controls in place; rating input score 50
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Pass
- Requires grant agreements: Pass
- May require repayment: Fail
- Grant itemization coverage: 71.2%; rating input score 71; 15th 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; 84th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.4%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 99; 99th percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -78% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -186.2% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 6 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $175M in reported program spending
- Leadership: top reported pay $412K · 18 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 2 filing years from 2010 to 2011
- Money network: 42 filed money-flow records
- Related organizations: 40 filed related-organization links
- 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.
- High — Growth: Revenue growth scored 0/100.
- Review — Transparency & Controls: Foreign activity oversight: 4 of 8 not reported.
- High — Sustainability: Operating margin scored 9/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.