Charity Search / AMERICAN RESEARCH INSTITUTE OF THE SOUTH CAUCASUS
International Affairs (Q20) 990 on File

AMERICAN RESEARCH INSTITUTE OF THE SOUTH CAUCASUS

EIN: 83-0459187 · WEST LAFAYETTE, IN 47907-2059 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 77/100
Reliability (20%) 50/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$224K
Total Revenue
$211K
Total Expenses
$80K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.0%
Fundraising Efficiency N/A
Operating Reserve 4.54x
Liability-to-Asset 0.0%
Revenue Diversification 99.9%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 3,073 similar organizations (United States, International Affairs, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
73.0% 90.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
26.8% 6.5%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.3% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
4.5 mo 6.9 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
99.9% 99.9%
P10P90
Below median
Revenue growth
Year over year revenue growth
-27.7% 5.9%
P10P90
Expense growth
Year over year expense growth
-24.3% 7.7%
P10P90
Surplus margin
Surplus as a share of revenue
5.8% 0.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $224K $211K $80K 73.0% 1
2023 $310K $279K $67K 82.7% 2
2022 $286K $269K $36K 82.9% 3
2021 $223K $124K N/A — 1
2020 $39K $47K N/A — 1
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Organization Details
EIN
83-0459187
State
IN
City
WEST LAFAYETTE
ZIP
47907-2059
Classification
Q20
Category
International Affairs
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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