Asia America Initiative
- Assets
- $1.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/2005
- Data as of
- 12/2021
- EIN
- 20-1879258
Organization Overview
Asia America Initiative is located in Washington, DC. The organization was established in 2005. According to its NTEE Classification (Q43) the organization is classified as: National Security, 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. Asia America Initiative 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 12/2021, Asia America Initiative generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 11.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AAI'S MISSION IS TO BUILD HOPE AND EMPOWER COMMUNITIES AFFECTED BY CONFLICT AND SEVERE POVERTY. OUR GOAL IS TO BUILD INTEGRATED LOCAL PROGRAMS THAT CAN BE REPLICATED GLOBALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF AAI IS TO BUILD HOPE AND EMPOWER COMMUNITIES AFFLICTED BY ARMED CONFLICT AND SEVERE POVERTY. WE BELIEVE THAT PEACE, SECURITY, AND RESPECT FOR HUMAN DIGNITY ARE INSEPARABLE. OUR PEOPLE-TO-PEOPLE INITIATIVES INTEGRATE HEALTH, EDUCATION, ARTS, AND LIVELIHOOD AS A BASIS FOR MEDIATION. THE SUCCESS OF THESE COST-EFFECTIVE MODELS SHOWS THAT EMPOWERING IMPOVERISHED AND CONFLICT-PLAGUED COMMUNITIES STRENGTHENS INTERNATIONAL SECURITY, STABILITY, AND PEACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Santoli President-Director-Secretary-Treasurer | OfficerTrustee | 55 | $0 |
Dr Yolanda Stern Member-Director, Board Of Directors | Trustee | 2 | $0 |
Luis Martinez Member-Director, Board Of Directors | Trustee | 1 | $0 |
Connie Elliott Member-Director, Board Of Directors | Trustee | 2 | $0 |
Richard Armitage Member-Director, Board Of Directors | 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 | $1,964,114 |
| Noncash contributions included in lines 1a–1f | $1,459,290 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,964,114 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,964,114 |
| 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 | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $94,540 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,456 |
| Office expenses | $14,741 |
| Information technology | $5,963 |
| Royalties | $0 |
| Occupancy | $18,018 |
| Travel | $8,241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $110,855 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,800 |
| All other expenses | $3,929 |
| Total functional expenses | $1,742,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $346,081 |
| 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 | $1,510,361 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,856,442 |
| Accounts payable and accrued expenses | $1,519,357 |
| 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 | $1,519,357 |
| Net assets without donor restrictions | $0 |
| 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 | $337,085 |
| Total liabilities and net assets/fund balances | $1,856,442 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Asia America Initiative has recieved totaling $487,795.
| Awarding Organization | Amount |
|---|---|
Diana Davis Spencer Foundation Bethesda, MD PURPOSE: EXPANDING COMMUNITY STABILIZATION DURING THE COVID PANDEMIC PROJECT | $375,000 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $75,000 |
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $37,762 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For New American Security Inc Washington, DC | $13,596,395 | $11,475,266 |
Business Executives For National Security Washington, DC | $14,639,432 | $8,874,143 |
Secureamericanoworg Washington, DC | $977,210 | $5,395,068 |
Cybersecurity Maturity Model Certification Accreditation Body I National Harbor, MD | $4,694,208 | $5,044,364 |
National Defense Transportation Association Alexandria, VA | $8,458,090 | $2,983,526 |
National Defense Information Sharing And Analysis Center Washington, DC | $5,558,251 | $2,597,884 |
Asia America Initiative Washington, DC | $1,856,442 | $1,964,114 |
Surface Navy Association Springfield, VA | $3,249,191 | $967,886 |
Military Operations Research Society Inc Arlington, VA | $1,777,955 | $2,116,387 |
National Defense University Foundation Inc Fort Mcnair, DC | $1,465,889 | $2,026,239 |
Infragard National Members Alliance Inc Washington, DC | $114,227 | $643,069 |
The Herbert Scoville Jr Peace Fellowship Washington, DC | $1,128,165 | $649,756 |