School Of Leadership-Afghanistan Inc
- Assets
- $18.5m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Boston, MA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 80-0967564
Organization Overview
School Of Leadership-Afghanistan Inc is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, School Of Leadership-Afghanistan Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. School Of Leadership-Afghanistan 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 12/2021, School Of Leadership-Afghanistan Inc generated $9.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.7% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 19.8% 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLA IS AFGHANISTANS FIRST AND ONLY GIRLS BOARDING SCHOOL. SOLA PROVIDES RESIDENTIAL PROGRAM WHICH IN THE EARLY MONTHS OF 2021 WAS LOCATED IN KABUL. THE THREE CENTRAL COMPONENTS OF SOLAS CURRICULUM ARE THE ACADEMIC, CAMPUS LIFE AND LEADERSHIP PROGRAM. DURING AUGUST 2021, A TOTAL OF 250 STUDENTS, FACULTY, STAFF AND FAMILY MEMBERS WERE EVACUATED TO RWANDA. SOLA'S OPERATIONS HAVE RESUMED LOCALLY IN RWANDA, IN A FACILITY UNDER AN EXTENDED STAY LEASE (INCLUDING LODGING, MEALS AND LAUNDRY FOR ALL EVACUEES), RENEWABLE ON A QUARTERLY BASIS. CURRENTLY, APPROXIMATELY 100 GIRLS ARE RECEIVING DAILY EDUCATION IN THIS FACILITY. IF AT SOME POINT IN THE FUTURE THE SECURITY CONDITIONS IN AFGHANISTAN CHANGE, SOLA WILL CONSIDER RETURNING TO KABUL TO RESUME ITS EDUCATIONAL ACTIVITIES IN COUNTRY. SOLA'S PROGRAM WAS ESTABLISHED TO NARROW THE SIGNIFICANT GAP IN EDUCATIONAL QUALITY YET NOW IT PROVIDES EDUCATION TO AFGHAN GIRLS WHO WOULD OTHERWISE HAVE LIMITED OR NO ACCESS TO EDUCATION. IN ORDER TO PROPERLY ADMINISTER ITS PROGRAM ACTIVITIES IN RWANDA, SOLA (THROUGH SOLA FOR AFGHAN GIRLS) REGISTERED AS A PRIVATE COMPANY LIMITED BY SHARES, UNDER THE NAME "SOLA LTD". THE PURPOSE OF SOLA LTD. IS TO CARRY OUT "EDUCATIONAL SUPPORT ACTIVITIES", HOWEVER, NET INCOME IS TAXABLE AT CORPORATE RATES. SOLA FOR AFGHAN GIRLS IS THE SOLE OWNER OF SOLA LTD., OWNING 100 SHARES (WITH SHARE CAPITAL OF 50 MILLION RWANDAN FRANCS, OR APPROXIMATELY $50,000). THE LONG-TERM IMPACT OF THE CONDITIONS IN AFGHANISTAN (ON SOLA'S OPERATIONS) IS UNKNOWN AT THIS TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shabana Basij-Rasikh President | OfficerTrustee | 48 | $173,676 |
Debbie Hazell Treasurer (from. 12/2021) | OfficerTrustee | 5 | $0 |
Jim Bullion Treasurer To Chairman (eff. 12/2021) | OfficerTrustee | 2 | $0 |
Kristina Loverro Secretary | OfficerTrustee | 2 | $0 |
Ismail Khan Controller (see Schedule L) | Officer | 24 | $0 |
Amin Matiullah Chairman To Director (eff. 12/2021) | Trustee | 2 | $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 | $9,409,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,409,552 |
| Total Program Service Revenue | $1,267 |
| Investment income | $1,498 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $208,744 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,621,061 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $739 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,683,515 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $262,466 |
| Compensation of current officers, directors, key employees. | $95,636 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $206,536 |
| Pension plan accruals and contributions | $9,192 |
| Other employee benefits | $15,425 |
| Payroll taxes | $38,394 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $117,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,396 |
| Fees for services: Other | $114,055 |
| Advertising and promotion | $459 |
| Office expenses | $13,530 |
| Information technology | $24,026 |
| Royalties | $0 |
| Occupancy | $6,556 |
| Travel | $55,818 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $56,403 |
| Insurance | $3,212 |
| All other expenses | $608 |
| Total functional expenses | $2,672,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $582,686 |
| Savings and temporary cash investments | $8,437,453 |
| 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 | $9,477,654 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $903 |
| Total assets | $18,498,696 |
| Accounts payable and accrued expenses | $43,058 |
| 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 | $43,058 |
| Net assets without donor restrictions | $17,555,638 |
| Net assets with donor restrictions | $900,000 |
| 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 | $18,498,696 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that School Of Leadership-Afghanistan Inc has recieved totaling $5,570,183.
| Awarding Organization | Amount |
|---|---|
Pew Charitable Trusts Washington, DC PURPOSE: DAF Grant | $2,000,000 |
Pew Charitable Trusts Washington, DC PURPOSE: DAF Grant | $2,000,000 |
Sorenson Legacy Foundation Midvale, UT PURPOSE: GENERAL CHARITABLE PURPOSES | $500,000 |
United Nations Foundation Inc Washington, DC PURPOSE: WMN & POP | $400,000 |
The Young Living Foundation Lehi, UT PURPOSE: SUPPORT | $200,000 |
Gross Family Charitable Foundation Laguna Beach, CA PURPOSE: GENERAL DONATION | $100,000 |
Endowment Analysis
| Beg. Balance | $7,498,506 |
| Earnings | $1,085,902 |
| Net Contributions | $694,177 |
| Ending Balance | $9,278,585 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Glynwood Center Inc Cold Spring, NY | $32,242,454 | $4,913,173 |
Lubetzky Family Foundation New York, NY | $3,686,685 | $1,229,616 |
Games For Change Inc New York, NY | $620,574 | $3,036,460 |
Community Training And Assistance Center Inc Boston, MA | $3,090,991 | $2,699,211 |
School Of Leadership-Afghanistan Inc Boston, MA | $18,498,696 | $9,621,061 |
Root Cause Institute Inc Cambridge, MA | $1,560,820 | $1,770,100 |
Massachusetts Technology Leadership Council Inc Lexington, MA | $1,443,602 | $1,632,935 |
Leadership Rhode Island Educational Foundation Providence, RI | $1,360,097 | $1,459,268 |
Chumir Foundation For Ethics In Leadership New York, NY | $106,762 | $800,000 |
Leadership Greater Hartford Inc Hartford, CT | $581,810 | $1,120,573 |
Arttable Inc New York, NY | $582,344 | $733,623 |
Five Frogs Inc Fairfield, CT | $413,547 | $579,821 |