Ayni Institute Inc
- Assets
- $3.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Revere, MA
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 81-2119468
Organization Overview
Ayni Institute Inc is located in Revere, MA. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Ayni Institute Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ayni 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 12/2023, Ayni Institute Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $847.7k during the year ending 12/2023. While expenses have increased by 24.3% per year over the past 8 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.
Since 2016, Ayni Institute Inc has awarded 12 individual grants totaling $2,598,667. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE INSTITUTE BUILDS TRAININGS AND COMMUNITY AROUND NEW UNDERSTANDINGS OR TECHNOLOGIES THAT WILL BRING A MORE BALANCED RECIPROCAL WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE ACTS AS A FISCAL SPONSOR FOR NUBE (NEIGHBORS UNITED FOR A BETTER EAST BOSTON), AN ORGANIZATION THAT DEVELOPS LEADERS WHO SUPPORT SOCIAL TRANSFORMATION. THOSE LEADERS ORGANIZE AND ADVOCATE FOR INCLUSIVE DEMOCRATIC PROCESSES & JUST PUBLIC POLICIES TO CREATE A VIBRANT ECONOMY AND ENVIRONMENT FOR EAST BOSTON. THE MOVEMENT ECOLOGY TRAINING PROVIDES A FRAMEWORK FOR UNDERSTANDING DIVERSE WAYS OF CREATING SOCIAL CHANGE AND FACILITATING COLLABORATION BETWEEN THEM. THE INSTITUTE PROPOSES TO BUILD INTENTIONAL, GENERATIVE RELATIONSHIPS BETWEEN DIFFERENT APPROACHES TO CREATE SOCIAL CHANGE ON A LARGER SCALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Saavedra President | OfficerTrustee | 5 | $0 |
Paul Engler Vicepresident | OfficerTrustee | 5 | $0 |
Jennifer Miranda Rodrigues Treasurer | OfficerTrustee | 5 | $0 |
Daniel Gelbutch Clerk | OfficerTrustee | 5 | $0 |
Carlos Saavedra Executive Director | Officer | 40 | $46,500 |
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 | $2,019,643 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,019,643 |
| Total Program Service Revenue | $121,723 |
| Investment income | $260 |
| 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 | $2,141,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $132,500 |
| 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. | $46,500 |
| Compensation of current officers, directors, key employees. | $32,550 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,896 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,652 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,242 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,871 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,656 |
| Travel | $11,618 |
| 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 | $10,604 |
| Insurance | $9,826 |
| All other expenses | $18,294 |
| Total functional expenses | $847,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,750,114 |
| 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 | $31 |
| Net Land, buildings, and equipment | $1,255,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,700 |
| Total assets | $3,026,415 |
| Accounts payable and accrued expenses | $21,272 |
| 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 | $100,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,700 |
| Total liabilities | $141,972 |
| Net assets without donor restrictions | $2,443,809 |
| Net assets with donor restrictions | $440,634 |
| 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 | $3,026,415 |
Grants Awarded
Over the last fiscal year, Ayni Institute Inc has awarded $250,010 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR WORKING POOR PURPOSE: PASSTHROGH FUNDING SUPPORT | $150,010 |
SURGE NETWORK PURPOSE: PASSTHROGH FUNDING SUPPORT | $100,000 |