Ancient Egypt Research Associates Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363325468 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Ancient Egypt Research Associates Inc?

Ancient Egypt Research Associates Inc, located at 26 Lincoln Street, Boston, Massachusetts 02135, is a nonprofit organization dedicated to uncovering the mysteries of ancient Egypt. Their primary mission is to conduct archaeological excavations, with the current focus being the Royal Administrative Building at the Old Abu El-Hol Sports Club on the Heit El-Ghurab site. This organization aims to share the findings of their research with the public, promoting a deeper understanding of Egypt's rich history. In addition to their archaeological work, they also invest in the development of young Egyptian archaeologists, providing them with training and opportunities to contribute to the field. With a team of six dedicated individuals, Ancient Egypt Research Associates Inc is committed to exploring Egypt's past and empowering the next generation of archaeologists.


Official website here: www.aeraweb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

Ancient Egypt Research Associates Inc has achieved a commendable score of 92%, placing it in the top tier of nonprofits according to Charity Navigator. This rating reflects a strong emphasis on accountability and finance, showcasing the organization's sound financial practices and governance. The 100% independent board members indicate a commitment to impartial oversight, further bolstered by a high score in financial statements and audit procedures.

The organization has demonstrated excellent management of its resources, with a program expense ratio of 77.67%, indicating that a significant portion of its expenses is directed toward its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, highlighting a robust financial integrity. The presence of listed policies for whistleblowing and document retention further strengthens its operational transparency.

However, it is noted that the organization does not have a conflict of interest policy, which has affected its score in that specific area. Despite this limitation, the overall financial health and governance practices of Ancient Egypt Research Associates Inc reflect a trustworthy nonprofit that is effectively utilizing its resources to further its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Ancient Egypt Research Associates Inc legitimate?

Ancient Egypt Research Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ancient Egypt Research Associates Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $194,791
Professional Fundraising Fees: $0
Other Salaries and Wages: $409,881

For more financial information, click here


Official website here: www.aeraweb.org

What is the mission statement of Ancient Egypt Research Associates Inc?

Ancient Egypt Research Associates Inc's mission is centered around archaeological exploration and dissemination of findings. Utilizing archaeology as a tool, the organization aims to delve into Egypt's historical past. Beyond this, they are committed to empowering young Egyptian archaeologists, fostering their growth and knowledge in the field. Their activities encompass excavations, such as the one conducted at the Royal Administrative Building in the Old Abu El-Hol Sports Club on the Heit El-Ghurab site.


Official website here: www.aeraweb.org

Who is the CEO of Ancient Egypt Research Associates Inc?

Dr Mark Lehner is the President of Ancient Egypt Research Associates Inc.


Official website here: www.aeraweb.org

What is the revenue of Ancient Egypt Research Associates Inc?

Ancient Egypt Research Associates Inc's revenue in 2023 was $794,245.


Official website here: www.aeraweb.org

Who are the executives of Ancient Egypt Research Associates Inc and what are their salaries?

The average compensation at Ancient Egypt Research Associates Inc during 2023 was $100,779. There are 6 employees and 2 volunteers at Ancient Egypt Research Associates Inc.


Here are 10 key members and their salaries:


Dr Mark Lehner (President)
  • Compensation: $90,233
  • Related: $0
  • Other: $0
Megan Flowers (Treasurer)
  • Compensation: $64,365
  • Related: $0
  • Other: $0
Matthew Mccauley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Fries (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Derue (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Ludwig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Lurie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Jerde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard Redding (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aeraweb.org

Where can I find the form 990 for Ancient Egypt Research Associates Inc?

Ancient Egypt Research Associates Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.aeraweb.org

Learn more at the official website: www.aeraweb.org

Mission Statement of Ancient Egypt Research Associates Inc

Ancient Egypt Research Associates Inc, a dedicated organization, is committed to delving into the mysteries of ancient Egypt through archaeological research. Their mission is threefold: firstly, they aim to unearth and share the discoveries made during their expeditions. Secondly, they strive to nurture the next generation of Egyptian archaeologists by providing them with training and opportunities. Lastly, their work is driven by the belief that understanding ancient Egypt's past can empower its present and future generations.

By utilizing archaeology as their primary tool, Ancient Egypt Research Associates Inc embarks on exploratory journeys to uncover the secrets of Egypt's past. They are currently engaged in an archaeological excavation, specifically at the Royal Administrative Building located at the Old Abu El-Hol Sports Club on the Heit El-Ghurab site. Through this project, the organization is contributing to the broader understanding of Egypt's rich historical and cultural heritage.

In addition to their archaeological pursuits, Ancient Egypt Research Associates Inc is also passionate about fostering young Egyptian archaeologists. They believe that by investing in the education and training of local talent, they can ensure the preservation and continuation of archaeological research in Egypt. Their commitment to this cause is evident in their efforts to empower the next generation of archaeologists, providing them with the skills and knowledge needed to continue the exploration of Egypt's past.

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Impact




October, 2024

Ancient Egypt Research Associates Inc plays a vital role in advancing the understanding of ancient Egypt through rigorous archaeological research and exploration. By excavating significant sites, such as the royal administrative building at the Old Abu El-Hol Sports Club on the Heit El-Ghurab site, the organization contributes to uncovering the rich history and cultural heritage of this ancient civilization.

Beyond its archaeological work, the organization focuses on empowering young Egyptian archaeologists through training programs. This not only fosters the next generation of researchers and experts in the field but also enhances local capacity in Egypt's archaeological pursuits. By making the findings of their research publicly accessible, they help to disseminate knowledge and appreciation for Egypt's past, enriching global understanding and engagement with this ancient culture.




This information is meant to be a general summary of Ancient Egypt Research Associates Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$794,245 (2023)
Expenses
$893,031 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$30,077
  • Gross Receipts: $844,945

Assets and Liabilities:

  • Total Assets: $1,751,835
  • Total Liabilities: $40,728
  • Net Assets: $1,711,107

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Organization Details

Founding Year

1984

Principal Officer

Dr Mark Lehner

Main Address

26 LINCOLN STREET, BOSTON, MA, 02135

NTEE Category

Code: A80 - Arts

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