Amar International Charitable Foundation in the USA D/b/a Aspire International
Nonprofit profile at a glance
- EIN
- 271871182
- IRS 990 coverage
- 2014–2019
- Forms available
- Form 990 2019
- Location
- Springfield, VA, USA
- Phone
- 2026380330
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $1,747,343
- Expenses
- $1,738,474
- Assets
- $585,206
- Liabilities
- $336,387
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- CHRISTOPHER STRAUB (PRESIDENT/TREASURER)
- MARGARET CASSCELLS-HAMBY (VICE PRESIDENT)
- CHRISTOPHER KYRIACOU (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- CHRISTOPHER KYRIACOU (CHIEF EXECUTIVE OFFICER): $115,670 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Aspire international's purposes is to relieve poverty, distress or suffering by providing medical, rehabilitative, financial, public health, or educational assistance to individuals or communities in any part of the world, in particularly victims of war, civil disturbance, natural disasters or breaches of human rights.
What it reported doing in 2019
Aspire international established six inclusive vocational and entrepreneurship skills training (invest) centers in babil, dohuk, erbil, najaf, baghdad al-rusafa, and baghdad al-karkh in january 2016. The project aims to address the vulnerability of displaced people and the burden placed on host communities by providing them with skills that assist in their ability to earn a living and support themselves and their families. To increase their employability and entrepreneurship opportunities, each center offered classes in english, it/computer skills, arabic/kurdish literacy, math, sewing, hairdressing, and computer and mobile phone maintenance. Since the centers served both displaced people and members of the host communities, aspire international provided handicraft classes to bring communities together and to provide psychological benefits to those who have suffered trauma. The centers offered weekly educational lectures on health and human rights, and full-time lawyers were available to offer legal assistance to center participants. Kindergarten and daycare services offered at each center provided a safe and reliable space for women to leave their children, allowing them to attend classes.
Operating model
- Revenue model
- Grant-funded. 93% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 71% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 80
- Accountability: 95
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.1%; rating input score 92
- Program expense ratio: 92.6%; rating input score 93
- Fundraising efficiency: $112.4 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Pass
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 100%; rating input score 100; 74th 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; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.5%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.57; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 6.7%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 11% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 7.8% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 21.8% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 92.1% of revenue deployed · 92.6% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.6M in reported program spending
- Leadership: top reported pay $116K · 8 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 6 filing years from 2014 to 2019
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.