Arabia Foundation
- Assets
- $38.1k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2017
- Data as of
- 12/2019
- EIN
- 81-4641281
Organization Overview
Arabia Foundation is located in Washington, DC. The organization was established in 2017. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, 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. Arabia Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2019, Arabia Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.6%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE SOCIAL WELFARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
(1) BRAND RECOGNITION, (2) TEAM BUILDING AND (3) EVENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Firas Maksad CEO | 40 | $210,636 | |
Joseph Adam Erell Director | OfficerTrustee | 5 | $39,500 |
Hamad Al Huthaili Director | OfficerTrustee | 5 | $25,000 |
Abdulrahman Al Rashid Director | Trustee | 5 | $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 | $1,600,280 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,600,280 |
| 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 | $1,600,280 |
| 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 | $925,813 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,752 |
| Payroll taxes | $73,020 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $153,432 |
| Fees for services: Accounting | $29,287 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,132 |
| Office expenses | $23,977 |
| Information technology | $3,583 |
| Royalties | $0 |
| Occupancy | $230,757 |
| Travel | $9,520 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $505,492 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,957 |
| Insurance | $1,935 |
| All other expenses | $5,055 |
| Total functional expenses | $2,481,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,126 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,126 |
| Accounts payable and accrued expenses | $2,905 |
| 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 | $2,905 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $38,126 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Governance And Sustainable Development Inc Washington, DC | $3,406,420 | $7,176,788 |
Middle East Media And Research Institute Inc Washington, DC | $4,612,496 | $9,235,135 |
International Consortium Of Investigative Journalists Inc Washington, DC | $7,479,893 | $3,022,355 |
Israel Institute Inc Washington, DC | $4,523,703 | $683,865 |
U S Assoc For Intl Migration Washington, DC | $429,111 | $3,312,005 |
Us-Japan Council Washington, DC | $22,364,092 | $5,169,884 |
Global Integrity Washington, DC | $7,351,662 | $3,173,199 |
Ecopeace Middle East Environmental Ngo Forum Washington, DC | $4,125,251 | $2,987,389 |
National Peace Corps Association Washington, DC | $3,770,682 | $2,874,341 |
The 1890 Universities Foundation Washington, DC | $3,141,528 | $4,571,927 |
Arabia Foundation Washington, DC | $38,126 | $1,600,280 |
Technology Policy Institute Washington, DC | $925,196 | $1,497,340 |