Asse International Inc

Nonprofit profile at a glance

EIN
953034133
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Laguna Beach, CA, USA
Phone
9494944100
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Academic Exchange

Official website

Reported finances

Revenue
$7,979,930
Expenses
$8,700,560
Assets
$6,187,460
Liabilities
$2,107,840

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

Leadership & pay

16 people listed

Executive titles in this filing

  • WILLIAM GUSTAFSON (PRESIDENT AN)

Highest reported compensation

  • WILLIAM GUSTAFSON (PRESIDENT AN): $534,820 total reported compensation
  • DIANE MATHUNY (CHIEF FINANC): $506,590 total reported compensation
  • HOLLY HAWTHORNE (EXECUTIVE DI): $305,280 total reported compensation

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

Overview

Mission

Part i, line 1 - "engage in charitable and educational activities within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended, or the corresponding provisions of any future united states internal revenue law (the "code"), that contribute to international understanding by providing students from various countries with the opportunity to improve their knowledge of foreign cultures and languages through active participation in family, school and community life in countries or regions other than their own." part iii, line 1 - "engage in charitable and educational activities within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended, or the corresponding provisions of any future united states internal revenue law (the "code"), that contribute to international understanding by providing students from various countries with the opportunity to improve their knowledge of foreign cultures and languages through active participation in fam

What it reported doing in 2024

Inbound high school programs - asse international, inc. Provides for inbound high school students from other countries to live with a host family and attend a public or private high school for an academic year or semester in the U.S.a., canada or mexico. The program provides insurance, orientation, instructional materials, and local area representative support.

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 - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 54
  • Accountability: 75
  • Sustainability: 20
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.2%; rating input score 97
  • Program expense ratio: 89.1%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 14th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 17.5%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: -3.4% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -2.9% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -1.3% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 97.2% of revenue deployed · 89.1% of spending went to programs
  • Governance: 4 of 5 board members independent · 6 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $7.8M in reported program spending
  • Leadership: top reported pay $535K · 16 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • 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.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.