Andover Foundation for Archaeological Research Limited

Nonprofit profile at a glance

EIN
222600932
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Honolulu, HI, USA
Phone
8083843509
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Independent Foundations

Reported finances

Revenue
$80,096
Expenses
$27,585
Assets
$375,149
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • BARRY V ROLETT (PRESIDENT, DIRECTOR)

People named in this filing

  • BARRY V ROLETT (PRESIDENT, DIRECTOR)
  • Mayumi Rolett (Treasurer, Clerk, Director)
  • Phillip Bruner (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Archaeological Research

What it reported doing in 2024

Marquesas Project: AFAR President Barry Rolett and two students (one American, one British) spent 5 weeks (June 23 - July 27, 2025) on Tahuata (Marquesas Islands, French Polynesia), with a two-night layover in Tahiti after meeting there on June 21. Our team worked with the local community to design and mount a new exhibit ("Marquesan Origins") for the Tahuata Museum, Te Ana Peua. We also surveyed a new site - a rock shelter near the Hanamiai dune. In Honolulu, Rolett and Univ. of Hawai'i students worked during the 2024/2025 academic year to organize and rebag archaeological collections from our excavations at the Hanamiai dune site. On June 21, the collections (45 bankers boxes weighing 300 kg) were shipped by air freight to the Tahiti Museum for repatriation. Rolett spent one week working at the Tahiti Museum (July 27 - August 2) to organize the collections for long-term storage

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.4%; rating input score 39
  • Program expense ratio: 97.4%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 65.6%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 13.6; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1% per year; rating input score 0; 45th percentile among comparable filings
  • Revenue growth: 7.7% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 39.4% of revenue deployed · 97.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 39/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.