Refugee Investment Network Inc

Nonprofit profile at a glance

EIN
844496089
IRS 990 coverage
2021–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2023749245
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$1,145,361
Expenses
$1,084,411
Assets
$184,962
Liabilities
$109,452

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

Leadership & pay

7 people listed

Executive titles in this filing

  • TIMOTHY W DOCKING (CEO/PRESIDENT, SECRETARY)

Highest reported compensation

  • TIMOTHY W DOCKING (CEO/PRESIDENT, SECRETARY): $194,275 total reported compensation

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

Overview

Mission

Unlocking refugee self-reliance by building the investment ecosystem for refugee lens investing (rli).

What it reported doing in 2024

Continued to build the refugee lens investing ecosystem. Conducted field-building work in jordan, kenya, zambia, and colombia.in 2024, the refugee investment network (rin) made significant strides in advancing refugee lens investing (rli) globally and especially across east africa, positioning itself as a thought leader and ecosystem builder in the field. Through its technical assistance facility, rin directly impacted the lives of 11,112 refugees and host community members across uganda, kenya, and ethiopia, with nearly 2,400 individuals demonstrating improved self-reliance. Rin engaged over 2,000 stakeholders through events, partnerships, and the dissemination of newly developed tools such as the rli impact measurement tool, the rli ecosystem measurement report, and a comprehensive ta playbook. These tools, alongside key partnerships with igad and the world bank, have helped embed rli principles across sectors and countries. With the launch of a global community of practice, the completion of three enterprise ta pilots, and participation in high-profile convenings such as the global refugee forum and the eavca conferences, rin has laid a durable foundation for expanding refugee-inclusive private sector engagement in the region and globally.

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: 90
  • Transparency & Controls: 51
  • Accountability: 87
  • Sustainability: 30
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.9%; rating input score 87
  • Program expense ratio: 91.8%; rating input score 92
  • Fundraising efficiency: $1,727.67 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • 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: 85.7%; rating input score 86; 20th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.3%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 17.9%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 13.5% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 11.6% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: -35.4% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 86.9% of revenue deployed · 91.8% of spending went to programs
  • Governance: 6 of 7 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $995K in reported program spending
  • Leadership: top reported pay $194K · 7 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $451K reported
  • Consistency: 22 of 22 current checks pass
  • Schedules: 6 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.