American Friends Of Asian Rural Institute Inc
- Assets
- $747.8k
- Revenue
- $719.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Austin, TX
- Founding
- 08/1982
- Data as of
- 03/2022
- EIN
- 06-1056334
Organization Overview
American Friends Of Asian Rural Institute Inc is located in Austin, TX. The organization was established in 1982. According to its NTEE Classification (Q23) the organization is classified as: International Exchange N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Asian Rural Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, American Friends Of Asian Rural Institute Inc generated $719.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $274.3k during the year ending 03/2022. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BROADEN AND DEEPEN SUPPORT IN NORTH AMERICA, AMONG INDIVIDUALS AND ORGANIZATIONS, FOR THE WORK OF THE ASIAN INSTITUTE IN JAPAN. TO CARRY OUT THIS MISSION, AFARI RAISES DIRECT SCHOLARSHIP SUPPORT AND ASSISTS ARI IN ITS EDUCATION EFFORTS. AFARI ALSO COORDINATES CONTRIBUTIONS TO ARI VIA THE UNITED METHODIST CHURCH THROUGH ITS ADVANCE SPECIAL PROGRAM AND IS INSTRUMENTAL IN SIGNIFICANT CHURCH DENOMINATIONAL CONTRIBUTIONS TO ARI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAMS - RAISING DIRECT SCHOLARSHIP SUPPORT, COORDINATING GENERAL AND LEGACY GIVING AND ASSISTING THE ASIAN RURAL INSTITUTE IN ITS NORTH AMERICAN EDUCATION AND OUTREACH EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Witt Treasurer | OfficerTrustee | 2 | $0 |
Bev Abma Secretary | OfficerTrustee | 2 | $0 |
Paul Hastings Chair | OfficerTrustee | 2 | $0 |
Margaret Hofmeister At Large | Trustee | 1 | $0 |
Jim Latimer At Large | Trustee | 1 | $0 |
Micah Sindelar At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $605,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $605,879 |
| Total Program Service Revenue | $0 |
| Investment income | $10,169 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $103,311 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $719,359 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $183,389 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,377 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,112 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $647 |
| Advertising and promotion | $0 |
| Office expenses | $12,676 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $95 |
| Total functional expenses | $274,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,888 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $701,904 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $747,792 |
| Accounts payable and accrued expenses | $125 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $125 |
| Net assets without donor restrictions | $747,667 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $747,792 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Friends Of Asian Rural Institute Inc has recieved totaling $488,769.
| Awarding Organization | Amount |
|---|---|
Northfield Shares Northfield, MN | | $488,579 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $190 |
Endowment Analysis
| Beg. Balance | $136,256 |
| Earnings | -$6,519 |
| Net Contributions | $5,887 |
| Grants | $6,720 |
| Ending Balance | $128,904 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Orleans Citizen Diplomacy Council Inc New Orleans, LA | $388,852 | $183,428 |
American Friends Of Asian Rural Institute Inc Austin, TX | $747,792 | $719,359 |
Global Austin Austin, TX | $610,171 | $236,443 |
National Exchange Club Muskogee, OK | $123,675 | $195,357 |
Arkansas Council For International Visitors Inc Little Rock, AR | $95,046 | $0 |
El Paso Council For International El Paso, TX | $57,349 | $0 |
Project Friendship Mission, TX | $154,735 | $0 |
George Herbert Walker Bush Foundation For Us-China Relations Houston, TX | $1 | $1 |