School Of Leadership-Afghanistan Inc
- Assets
- $20.9m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Boston, MA
- Founding
- 07/2014
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, School Of Leadership-Afghanistan Inc generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $3.6m during the year ending 12/2022. While expenses have increased by 21.1% 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLA IS THE ONLY BOARDING SCHOOL ON EARTH EDUCATING AFGHAN GIRLS AT THE SECONDARY LEVEL, OFFERING STUDENTS ACADEMIC INSTRUCTION AND ON-CAMPUS HOUSING. ORIGINALLY BASED IN KABUL, SOLA EVACUATED ITS COMMUNITY OF NEARLY 250 STUDENTS, FACULTY, STAFF, AND FAMILY MEMBERS TO RWANDA IN AUGUST 2021 IN RESPONSE TO THE TALIBAN'S TAKEOVER OF AFGHANISTAN. SOLA'S OPERATIONS HAVE RESUMED IN RWANDA, IN A FACILITY UNDER AN EXTENDED STAY LEASE (INCLUDING LODGING, MEALS AND LAUNDRY FOR ALL RESIDENTS). CURRENTLY, APPROXIMATELY 80 GIRLS ARE LIVING AND LEARNING AT SOLA UNDER THE CARE AND INSTRUCTION OF AFGHAN, AMERICAN AND EUROPEAN EXPATS, AND RWANDAN EDUCATORS AND STUDENT LIFE PROFESSIONALS. IF AT SOME POINT IN THE FUTURE THE SECURITY CONDITIONS IN AFGHANISTAN CHANGE, SOLA WILL CONSIDER RETURNING TO KABUL.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 UPON ARRIVAL IN RWANDA, SOLA (THROUGH SOLA FOR AFGHAN GIRLS) REGISTERED AS A PRIVATE COMPANY LIMITED BY SHARES, UNDER THE NAME "SOLA LTD". SOLA PROMPTLY BEGAN THE PROCESS OF APPLYING FOR INTERNATIONAL NON-GOVERNMENTAL ORGANIZATION (NGO) STATUS WITH THE RWANDA GOVERNANCE BOARD. IN SUBSEQUENT YEAR ACTIVITY, THAT STATUS WAS GRANTED ON MARCH 9, 2023, IN THE REGISTERED NAME SCHOOL OF LEADERSHIP AFGHANISTAN (SOLA).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shabana Basij-Rasikh President & Co-Founder | OfficerTrustee | 48 | $208,450 |
James Bullion Chairman | OfficerTrustee | 5 | $0 |
Kristina Loverro Secretary | OfficerTrustee | 5 | $0 |
Deborah Hazell Treasurer | OfficerTrustee | 5 | $0 |
Suzanne Green-Brais Director | Trustee | 2 | $0 |
Amin Matiullah Director | 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 | $7,186,986 |
| Noncash contributions included in lines 1a–1f | $1,002,735 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,186,986 |
| Total Program Service Revenue | $0 |
| Investment income | $28,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,002 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,228,068 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $46,928 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,068,672 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $348,650 |
| Compensation of current officers, directors, key employees. | $67,312 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,757 |
| Pension plan accruals and contributions | $8,070 |
| Other employee benefits | $24,208 |
| Payroll taxes | $43,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $86,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $61,880 |
| Fees for services: Other | $252,280 |
| Advertising and promotion | $382 |
| Office expenses | $34,419 |
| Information technology | $16,166 |
| Royalties | $0 |
| Occupancy | $2,715 |
| Travel | $303,474 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $952 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,766 |
| All other expenses | $1,304 |
| Total functional expenses | $3,572,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,380 |
| Savings and temporary cash investments | $5,233,074 |
| Pledges and grants receivable | $5,000 |
| 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 | $15,428,070 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $903 |
| Total assets | $20,931,427 |
| Accounts payable and accrued expenses | $58,586 |
| 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 | $58,586 |
| Net assets without donor restrictions | $19,749,952 |
| Net assets with donor restrictions | $1,122,889 |
| 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 | $20,931,427 |