National Iranian American Council

Nonprofit profile at a glance

EIN
731626026
IRS 990 coverage
2010–2022
Forms available
Form 990 2022
Location
Washington, DC, USA
Rating
80
Verdict
STRONG
Rating confidence
Standard
Sector
Promotion of International Understanding

Official website

Reported finances

Revenue
$1,135,971
Expenses
$1,284,993
Assets
$335,139
Liabilities
$6,139

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Jamal Abdi (President)

Highest reported compensation

  • Jamal Abdi (President): $121,540 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

NIAC, the 501(c)(3) sister organization of NIAC Action, is dedicated to educating & engaging the Iranian-American community in order to advance peace & diplomacy, secure equitable immigration policies, and protect the civil rights of all Americans.

What it reported doing in 2022

NIAC Council work is focused round 3 areas: 1- Advancing Peace & Diplomacy 2.Securing Equitable Immigration Policies and 3.Protecting Civil Rights NIAC petitioned the Department of Treasury for a formal rule change to license Americans to operate bank accounts from Iran, which could effectively end the discriminatory actions faced by our community. NIAC also called on Bank of America to halt its practice of shutting the accounts of individuals of Iranian national origin or heritage and underscoring that sanctions do not obligate financial institutions to close the bank accounts of individuals ordinarily resident in the United States. NIAC also continued to demand answers around the tragic death of Bijan Ghaisar by working with a coalition of Iranian-American organizations to urge accountability from the U.S. Park Police, Department of Justice, and FBI surrounding details of the investigation.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 100
  • Accountability: 90
  • Sustainability: 23
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.2%; rating input score 82
  • Program expense ratio: 72.7%; rating input score 73
  • Fundraising efficiency: $6.61 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Fail

Sustainability

  • Operating margin: -13.1%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 9.5%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 3.9% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: -0.2% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -0.9% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 82.2% of revenue deployed · 72.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $934K in reported program spending
  • Leadership: top reported pay $122K · 8 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 12 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Fundraising efficiency scored 24/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.