Icca Foundation Inc

Nonprofit profile at a glance

EIN
472655913
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
8016399811
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Dispute Resolution, Mediation Services

Reported finances

Revenue
$1,739,999
Expenses
$1,397,671
Assets
$3,136,170
Liabilities
$201,619

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

Leadership & pay

5 people listed

Executive titles in this filing

  • STANIMIR ALEXANDROV (PRESIDENT)
  • AUDLEY SHEPPARD (VICE PRESIDENT/SECRETARY)
  • LORETTA MALINTOPPI (VICE PRESIDENT THRU MAR 2024)
  • ABBY COHEN-SMUTNY (VICE PRESIDENT)

People named in this filing

  • STANIMIR ALEXANDROV (PRESIDENT)
  • AUDLEY SHEPPARD (VICE PRESIDENT/SECRETARY)
  • LORETTA MALINTOPPI (VICE PRESIDENT THRU MAR 2024)

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

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

Overview

Mission

Icca foundation's mission is fostering the peaceful resolution of international disputes through arbitration, conciliation and other forms of international dispute resolution.

What it reported doing in 2024

Icca research and outreach projects -during 2024, icca's project work was as follows:- the working group on african arbitral practice (which seeks to increase coordination and cooperation among african arbitral initiatives in the areas of access to resources, education and training, and the provision of technical assistance) collaborated with the african arbitration association in the preparations (including the programme) for its fifth annual conference, which took place in october 2024 in douala; the working group also commenced work on the creation of a historical database of african dispute resolution- the icca-university of tsinghua working group on chinese arbitral practice provided arbitration-related court decisions from chinese courts for publication in the icca yearbook commercial arbitration;- the icca panel of experts to develop a paris agreement conciliation annex, which convenes a high-level panel of experts, developed and focused on the promotion of a proposed draft conciliation annex for the paris climate agreement and the united nations framework convention on climate change, with a view to facilitating its adoption by member states;- icca held New York convention roadshows (colloquia for national court judges on the application of the 1958 New York convention) in riyadh (march 2024), tagaytay (2 may 2024), vung tau and qui nhon (october 2024).

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% 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 the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 78
  • Accountability: 76
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.5%; rating input score 75
  • Program expense ratio: 92.8%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.7%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 2.24; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 5.9% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 74.5% of revenue deployed · 92.8% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $1.3M in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Highest-paid contractors: 1 contractor listed · $1M reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes foreign activity
  • Filing history: 8 filing years from 2016 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.

  • High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.