Academics Without Borders EIN 98-1184500 Form 990 (PDF) Claim this org

Academics Without Borders FY2021 filing

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Empowers developing nations through higher education by expanding and creating universities and programs. For fiscal year 2021 it reported $370K in revenue, $207K in expenses, and $571K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Canada
Website
www.awb-usf.org
Filings
5 on file (2020–2021)
Revenue
$370KFY2021
Expenses
$207K
Net assets
$571K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  98-1184500 Public charity (501(c)(3)) Canada
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Empowers developing nations through higher education by expanding and creating universities and programs.
Leadership
Arshad Ahmad · Director
Money in and out
$370K revenue, $207K expenses
Bottom line
54% program efficiency
Where the money goes · FY2021
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$207K
Pt IX · Ln 25
Net assets
$571K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $163K
Where spending went · Part IX cols B–D
Program services $0.54 Management & general $0.46 Fundraising $0.00
Program efficiency
54%
of spending reaches programs
Operating runway
39.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+44%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$370K
FY2021▲ +23%
Expenses
$207K
FY2021▼ -0.7%
Total assets
$687K
FY2021▲ +4%
Total liabilities
$115K
FY2021▼ -54%
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$207K
Pt IX · Ln 25
Net assets
$571K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$163K
Total assetsPt X · Ln 16$687K
Program-expense ratioPt IX · col B54%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $111K of program spending, described in the organization's own filed words · FY2021.
01

The purpose of AWB is to support developing countries develop and expand institutions of higher education by sending volunteers to work on projects in those institutions and in ministries of higher education.

$111Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAcademics Without Borders
EINHdr · item D98-1184500
Principal addressHdr · item CCanada,
WebsiteHdr · item Jwww.awb-usf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item M
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFMay 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$330K · 89%
Investment income$41K · 11%
Contributions & grants89%$330K
Investment income11%$41K
Total revenueLn 12$370K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.54 Management & general $0.46 Fundraising $0.00
Program services54%$111K
Management & general46%$96K
Fundraising$305
Total functional expensesLn 25$207K

Balance Sheet

Part X · end of year
CashLn 1$682K
Total assetsLn 16$687K
Total liabilitiesLn 26$115K
Total net assetsLn 32$571K
Months of cash on handcomputed39.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $682K · Operating expenses/yr $207K
39.5 months
Where the money goes
Program services
Program services $111K · Total expenses $207K
54%
Management & General
Management & general $96K · Total expenses $207K
46%
Fundraising
Fundraising $305 · Total expenses $207K
0.1%
Cost to raise $1
Fundraising expense (2-yr avg) $845 · Solicited contributions (2-yr avg) $311K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $330K · Total revenue $370K
89%
Government reliance
Government grants $0 · Total revenue $370K
0%
Earned-income share
Program service revenue $0 · Total revenue $370K
0%
Investment reliance
Investment income $41K · Total revenue $370K
+11%
Program self-sufficiency
Program service revenue $0 · Total expenses $207K
0%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $302K
+23%
Net-asset trend (YoY)
End of year $571K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $207K
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $687K
Net-asset ratio
Net assets $571K · Total assets $687K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $687K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Arshad Ahmad · Reported title Director · Highest reported compensation $0 · Total expenses $207K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $207K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 54%
Overhead ratio 46%
Fundraising cost ratio 0.09%
Revenue growth 23%
Investment management fee ratio 0.3%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$283K revenue · ⤓ 990 PDF
FY2023$165K revenue · ⤓ 990 PDF
FY2022$266K revenue · ⤓ 990 PDF
FY2021$370K revenue · viewing · ⤓ 990 PDF
FY2020$302K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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