Akadimi Foundation

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To help ensure that enhanced health can accrue from enhanced health system governance and leadership in the united states and in other countries outside the united states.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $1K a year · 2% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
59%
of spending
59% of spending went to programs.
Pt IX · Ln 25 · col B
2.3 mo
of spending, in cash
2.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
15% of total assets
Liabilities are 15% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$60K
-31% vs prior year
Spent
$88K
To programs
59%
Net assets
$19K
By yearFY2020–FY2025
Revenue
$60K
FY2025▼ -31%
Tap a bar for its year
Revenue by fiscal year
FY2020$2K
FY2021$68K
FY2022$75K
FY2023$71K
FY2024$86K
FY2025$60K
Expenses
$88K
FY2025▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$14K
FY2021$48K
FY2022$72K
FY2023$77K
FY2024$73K
FY2025$88K
Net assets
$19K
FY2025▼ -60%
Tap a bar for its year
Net assets by fiscal year
FY2020$14K
FY2021$35K
FY2022$38K
FY2023$33K
FY2024$46K
FY2025$19K

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $52K Management & general 41% · $36K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer/Se
$0Pt VII · Sec A
President
$0Pt VII · Sec A

James a Rice’s $15K as President is at the 44th percentile of top reported officer pay among 167 <$100K international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021
James a Rice$15,000$9,000—
Brian E Rice—$1,000$15,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Akadimi Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves health systems through better governance and leadership.

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2 programs · $52K · in their own filed words · FY2025
01

Delivered consulting services to health care organizations and facilities to improve their governance and community health outcomes

$44Kprogram expense
02

Fostered relationships with other nonprofits for future knowledge exchange, making grants to support their domestic and international health and education objectives.

$8Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $28K · 2024–2025
Individual RecipientFY2025$7,948
Individual RecipientFY2024$19,826

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$60K
Ln 12
Fees for servicesLn 2g$46K
Gifts and grantsLn 1h$14K
Money outPt IX
$88K
Ln 25
Programscol B$52K
Managementcol C$36K
Owns and owesPt X
$19K
net assets · Ln 32
Cash and savingsLn 1–2$17K
Total assetsLn 16$22K
LiabilitiesLn 26$3K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14K
Fees for servicesLn 2g$46K
Total revenueLn 12$60K
Assets in detailPt X, end of year
CashLn 1$17K
Cash and savings togetherLn 1–2$17K
Other assetsLn 15$5K
Total assetsLn 16$22K
LiabilitiesLn 26$3K
Net assetsLn 32$19K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$17K$17K
Total assetsLn 16$47K$22K
LiabilitiesLn 26$856$3K
Net assetsLn 32$46K$19K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8K$8K
Management feesLn 11a$2K$2K
Legal feesLn 11b$120$120
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$5K$5K
Office expensesLn 13$27K$27K
Information technologyLn 14$6K$6K
TravelLn 17$37K$35K$1K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$88K$52K$36K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 18, 2026 $60K$88K−$28K$19K 990 PDF
FY2024Filed with the IRS Sep 15, 2025 $86K$73K$13K$46K 990 PDF
FY2023Filed with the IRS Dec 9, 2024 $71K$77K−$5K$33K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $75K$72K$4K$38K 990 PDF
FY2021Filed with the IRS Mar 3, 2022 $68K$48K$21K$35K 990 PDF
FY2020Filed with the IRS Aug 16, 2021 $2K$14K−$12K$14K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $59,796 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $31,500$13,895
I-9 Program service revenuePrior year $54,585$45,901
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $86,085$59,796
I-13 Grants and similar amounts paidPrior year $19,826$7,948
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $5,637$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $47,300$79,683
I-18 Total expensesPrior year $72,763$87,631
I-19 Revenue less expensesPrior year $13,322−$27,835
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $59,796 across 4 lines filed
VIII-1f All other contributions, gifts and grants$13,895
VIII-1h Total contributions, gifts and grants$13,895
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $45,901$45,901
VIII-12 Total revenueRelated to mission $45,901$59,796
Part IX · Statement of functional expenses $87,631 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $7,948$7,948
IX-11a Management feesPrograms $2,187$2,187
IX-11b Legal feesManagement $120$120
IX-11c Accounting feesManagement $1,200$1,200
IX-11g Other fees for servicesPrograms $5,096$5,096
IX-13 Office expensesManagement $26,662$26,662
IX-14 Information technologyManagement $6,147$6,147
IX-17 TravelPrograms $35,340 · Management $1,480$36,820
IX-24 Other expenses (24a–d)Programs $1,451$1,451
IX-25 Total functional expensesPrograms $52,022 · Management $35,609 · Fundraising $0$87,631
Part X · Balance sheet $21,992 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $17,311$16,992
X-15 Other assets$5,000
X-16 Total assetsStart of year $47,311$21,992
X-17 Accounts payable and accrued expensesStart of year $856$3,372
X-26 Total liabilitiesStart of year $856$3,372
X-27 Net assets without donor restrictionsStart of year $46,455$18,620
X-32 Total net assets or fund balancesStart of year $46,455$18,620
X-33 Total liabilities and net assetsStart of year $47,311$21,992
Part XI · Reconciliation of net assets $18,620 net assets at year end
XI-1 Total revenue$59,796
XI-2 Total expenses$87,631
XI-3 Revenue less expenses−$27,835
XI-4 Net assets at start of year$46,455
XI-10 Net assets at end of year$18,620

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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