Overview
What is The American University Of Iraq Foundation Inc?
The American University of Iraq Foundation Inc, located at 1300 I Street NW 400E, Washington, DC 20005, is a nonprofit organization dedicated to fostering higher education in Iraq based on the American liberal arts model. During the fiscal year 2022, they made substantial contributions to various initiatives within the American University of Iraq, including the Kashkul Center, Center for Gender and Development Studies, Archaeology and Cultural Heritage Center, and student scholarships. With a modest workforce of one individual, the foundation supports these initiatives, contributing to the education sector in Iraq.
Official website here: www.auifoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The American University of Iraq Foundation Inc has received a rating that reflects its accountability and financial management, with a notable program expense ratio of 75.54%. This indicates that a significant portion of its funds are directed towards its programs, which is a positive aspect of its operations.
The organization boasts a fully independent board, highlighting strong governance practices. It has also shown no material diversion of assets, which suggests financial integrity. However, the absence of financial statements and missing key policies such as a whistleblower policy and document retention guidelines indicate areas for improvement in transparency and accountability.
Despite its strengths in governance and program spending, the lack of publicly accessible financial documents and certain policies may limit stakeholders' ability to fully assess its operations. The American University of Iraq Foundation Inc has room to enhance its reporting practices to increase trust and transparency with its donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is The American University Of Iraq Foundation Inc legitimate?
The American University Of Iraq Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American University Of Iraq Foundation 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: $61,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.auifoundation.org
What is the mission statement of The American University Of Iraq Foundation Inc?
The American University of Iraq Foundation Inc's mission is centered around promoting higher education in Iraq, adhering to the American liberal arts model. This organization strives to accomplish this goal by making contributions to various educational initiatives during their fiscal year. In particular, during FY22, they made contributions to the Kashkul Center, the Center for Gender and Development Studies, the Archaeology and Cultural Heritage Center, and student scholarships, all located within the American University of Iraq, Sulaimani.
Official website here: www.auifoundation.org
Who is the CEO of The American University Of Iraq Foundation Inc?
Newman T Halvorson Jr is the Principal Officer of The American University Of Iraq Foundation Inc.
Official website here: www.auifoundation.org
What is the revenue of The American University Of Iraq Foundation Inc?
The American University Of Iraq Foundation Inc's revenue in 2022 was $1,031,164.
Official website here: www.auifoundation.org
Who are the executives of The American University Of Iraq Foundation Inc and what are their salaries?
The average compensation at The American University Of Iraq Foundation Inc during 2022 was $61,500. There is 1 employee and 14 volunteers at The American University Of Iraq Foundation Inc.
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- Compensation: $53,813
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Official website here: www.auifoundation.org
Where can I find the form 990 for The American University Of Iraq Foundation Inc?
The American University Of Iraq Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.auifoundation.org
Learn more at the official website: www.auifoundation.org
Mission Statement of The American University Of Iraq Foundation Inc
The American University of Iraq Foundation Inc, as stated in their mission description, is committed to promoting higher education in Iraq based on the American liberal arts model. This nonprofit organization aims to contribute to the academic growth of the country, employing the principles of a liberal arts education. Throughout FY22, AUIF made significant contributions to various initiatives within the American University of Iraq, including the Kashkul Center, Center for Gender and Development Studies, Archaeology and Cultural Heritage Center, and student scholarships. These contributions demonstrate AUIF's dedication to enhancing the educational landscape in Iraq and fostering an environment conducive to learning and personal development.
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Impact
July, 2024
The American University Of Iraq Foundation Inc's impact lies in promoting higher education in Iraq based on the American liberal arts model. In FY22, the foundation made contributions to the Kashkul Center, Center for Gender and Development Studies, Archaeology and Cultural Heritage Center, and student scholarships, all located within the American University of Iraq Sulaimani. This support plays a crucial role in fostering academic growth and development in Iraq, particularly in the fields of education, gender studies, archaeology, and cultural heritage. Through its contributions, the foundation is helping to empower students and researchers to build a brighter future for themselves and their communities.
This information is meant to be a general summary of The American University Of Iraq Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,031,164
Assets and Liabilities:
- Total Assets: $1,183,224
- Total Liabilities: $24,984
- Net Assets: $1,158,240
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Organization Details
Founding Year
2013
Phone
(214) 608-7080Principal Officer
Newman T Halvorson Jr
Main Address
1300 I STREET NW 400E, WASHINGTON, DC, 20005
Website
www.auifoundation.orgNTEE Category
Code: B12 - Education
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