Association for Cultural Interchange Inc
Nonprofit profile at a glance
- EIN
- 526054124
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2122976199
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $15,914,263
- Expenses
- $11,911,509
- Assets
- $242,244,285
- Liabilities
- $219,486
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- WILLIAM P ORCHARD (PRESIDENT/DIREC)
- ANDREW P O'MEARA (EXECUTIVE DIRECTOR)
Highest reported compensation
- ANDREW P O'MEARA (EXECUTIVE DIRECTOR): $140,000 total reported compensation
- WILLIAM P ORCHARD (PRESIDENT/DIREC): $105,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Aci provides a program of support and assistance to other not-for-profit organizations and educational and vocational training institutions from elementary level through graduate studies. Aci emphasizes the promotion of international understanding and the interchange of ideas and cultural activities among people of different nations. Aci's program is carried out in the united states and foreign countries. Aci achieves this by providing grants and loans that are interest-free or bear below-market interest rates to organizations that foster and facilitate charitable and educational programs. Aci also owns and maintains real property facilities in italy and israel. Those facilities are made available rent-free to educational and cultural institutions operated by not-for-profit organizations. Aci also owns and operates the saxum center in israel which offer workshops, conferences and spiritual retreats; as well as a visitor center providing orientation for pilgirms to the holy land.
What it reported doing in 2024
Saxum center consists of a conference center which operates workshops, conferences and spiritual retreats; as well as a visitor center. Program expenses include $1,839,971 in property depreciation.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 66% of its reported program spending out as grants.
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: 66
- Transparency & Controls: 55
- Accountability: 76
- Sustainability: 89
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.6%; rating input score 64
- Program expense ratio: 92.3%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 13%; rating input score 13; 8th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 19th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 25.2%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 20.34; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: -15.7% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 63.6% of revenue deployed · 92.3% of spending went to programs
- Governance: 6 of 7 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $11M in reported program spending
- Leadership: top reported pay $140K · 8 people listed
- Highest-paid contractors: 3 contractors listed · $630K reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 4 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 13/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Revenue growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.