Civic Intelligence

Near East Foundation

EIN 13-1624114 • 501(c)3 • Syracuse, NY

View Organization Page

Profile

The near east foundation helps build more sustainable, prosperous, and inclusive communities in the middle east and africa through education, governance, and economic development initiatives.

110 West Fayette Street 710Syracuse, NY 13202

www.neareast.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.70x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

1.00x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

52nd percentile

5.0%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

96th percentile

76%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

30%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$29,810,090

Up $1,295,021 (+4.5%) from 2023

Liabilities

Down

$15,161,618

Down $4,897,893 (-24%) from 2023

Net Assets

Up

$14,648,472

Up $6,192,914 (+73%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin52nd percentile

Revenue

Up

$26,881,633

Up $6,746,411 (+34%) from 2023

Expenses

Up

$21,547,040

Up $2,411,254 (+13%) from 2023

Net Income

Up

$5,334,593

Up $4,335,157 (+434%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $4,549,520Liabilities 2010: $503,410Net Assets 2010: $4,046,1102010Assets 2011: $4,768,911Liabilities 2011: $560,826Net Assets 2011: $4,208,0852011Assets 2012: $4,110,200Liabilities 2012: $993,880Net Assets 2012: $3,116,3202012Assets 2013: $5,160,433Liabilities 2013: $1,032,421Net Assets 2013: $4,128,0122013Assets 2014: $5,688,049Liabilities 2014: $1,025,993Net Assets 2014: $4,662,0562014Assets 2015: $6,033,294Liabilities 2015: $1,144,976Net Assets 2015: $4,888,3182015Assets 2016: $8,304,557Liabilities 2016: $2,380,947Net Assets 2016: $5,923,6102016Assets 2017: $10,290,048Liabilities 2017: $4,185,334Net Assets 2017: $6,104,7142017Assets 2018: $9,136,077Liabilities 2018: $2,967,151Net Assets 2018: $6,168,9262018Assets 2019: $11,259,076Liabilities 2019: $4,504,725Net Assets 2019: $6,754,3512019Assets 2020: $9,542,171Liabilities 2020: $3,236,494Net Assets 2020: $6,305,6772020Assets 2021: $10,936,502Liabilities 2021: $2,947,959Net Assets 2021: $7,988,5432021Assets 2022: $16,218,674Liabilities 2022: $9,123,753Net Assets 2022: $7,094,9212022Assets 2023: $28,515,069Liabilities 2023: $20,059,511Net Assets 2023: $8,455,5582023Assets 2024: $29,810,090Liabilities 2024: $15,161,618Net Assets 2024: $14,648,4722024

Highlighted filing

2024

Assets$29,810,090
Liabilities$15,161,618
Net Assets$14,648,472
Open 2024 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $5,076,8012010Expenses 2011: $3,578,3682011Revenue 2012: $3,266,748Expenses 2012: $3,659,507Net Income 2012: -$392,7592012Revenue 2013: $6,131,798Expenses 2013: $5,188,581Net Income 2013: $943,2172013Revenue 2014: $7,138,624Expenses 2014: $6,952,948Net Income 2014: $185,6762014Revenue 2015: $8,018,688Expenses 2015: $7,613,073Net Income 2015: $405,6152015Revenue 2016: $10,900,174Expenses 2016: $9,777,744Net Income 2016: $1,122,4302016Revenue 2017: $14,660,023Expenses 2017: $14,619,159Net Income 2017: $40,8642017Revenue 2018: $16,129,078Expenses 2018: $16,168,594Net Income 2018: -$39,5162018Revenue 2019: $16,989,876Expenses 2019: $16,511,368Net Income 2019: $478,5082019Revenue 2020: $12,936,380Expenses 2020: $13,385,120Net Income 2020: -$448,7402020Revenue 2021: $17,064,454Expenses 2021: $16,685,602Net Income 2021: $378,8522021Revenue 2022: $15,526,282Expenses 2022: $15,527,457Net Income 2022: -$1,1752022Revenue 2023: $20,135,222Expenses 2023: $19,135,786Net Income 2023: $999,4362023Revenue 2024: $26,881,633Expenses 2024: $21,547,040Net Income 2024: $5,334,5932024

Highlighted filing

2024

Revenue$26,881,633
Expenses$21,547,040
Net Income$5,334,593
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,810,090
Liabilities
$15,161,618
Net assets
$14,648,472
Revenue
$26,881,633
Expenses
$21,547,040
Net income
$5,334,593
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.8$15.2$14.6$26.9$21.5$5.33
2023Detailed filing. Detailed filing data is available for this year.$28.5$20.1$8.46$20.1$19.1$1.00
2022Detailed filing. Detailed filing data is available for this year.$16.2$9.12$7.09$15.5$15.5$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$2.95$7.99$17.1$16.7$0.38
2020Detailed filing. Detailed filing data is available for this year.$9.54$3.24$6.31$12.9$13.4$0.45
2019Detailed filing. Detailed filing data is available for this year.$11.3$4.50$6.75$17.0$16.5$0.48
2018Detailed filing. Detailed filing data is available for this year.$9.14$2.97$6.17$16.1$16.2$0.04
2017Detailed filing. Detailed filing data is available for this year.$10.3$4.19$6.10$14.7$14.6$0.04
2016Detailed filing. Detailed filing data is available for this year.$8.30$2.38$5.92$10.9$9.78$1.12
2015Detailed filing. Detailed filing data is available for this year.$6.03$1.14$4.89$8.02$7.61$0.41
2014Detailed filing. Detailed filing data is available for this year.$5.69$1.03$4.66$7.14$6.95$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.16$1.03$4.13$6.13$5.19$0.94
2012Summary only. Only limited summary data is available for this year.$4.11$0.99$3.12$3.27$3.66$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$0.56$4.21$3.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$0.50$4.05$5.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 21, 2025
Return Version
2023v6.0
Gross Receipts
$31,742,341
Mission and Program Overview

Mission

The near east foundation helps build more sustainable, prosperous, and inclusive communities in the middle east and africa through education, governance, and economic development initiatives.

The near east foundation helps build more sustainable, prosperous, and inclusive communities in the middle east and africa through education, community organization, and economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,258,530$11,253,333▲ $4,994,803
Cash and Non-Interest-Bearing Accounts$13,289,611$7,823,572▼ $5,466,039
Savings and Temporary Cash Investments$2,638,684$6,667,953▲ $4,029,269
Other Notes and Loans Receivable, Net$2,113,591$2,158,709▲ $45,118
Pledges and Grants Receivable$2,800,554$998,938▼ $1,801,616
Prepaid Expenses and Deferred Charges$241,368$235,983▼ $5,385
Accounts Receivable$206,722$76,938▼ $129,784
Land, Buildings, and Equipment, Net$122,047$74,892▼ $47,155
Investments Other Securities$292,179$38,814▼ $253,365
Total Assets$28,515,069$29,810,090▲ $1,295,021
Other Assets Total$551,783$480,958▼ $70,825
Liabilities
Unsecured Notes Loans Payable$9,824,991$9,824,991→ $0
Accounts Payable and Accrued Expenses$2,080,494$2,497,830▲ $417,336
Deferred Revenue$7,614,373$2,364,742▼ $5,249,631
Other Liabilities$539,653$474,055▼ $65,598
Total Liabilities$20,059,511$15,161,618▼ $4,897,893
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,294,856$8,347,555▲ $1,052,699
Net Assets Without Donor Restrictions$1,160,702$6,300,917▲ $5,140,215
Total Net Assets Fund Balance$8,455,558$14,648,472▲ $6,192,914
Total Liabilities and Net Assets / Fund Balance$28,515,069$29,810,090▲ $1,295,021

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$31,977$986,314$1,018,291
Equipment$42,915$235,283$278,198
Leasehold Improvements$0$41,317$41,317

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$4,112,466---$4,112,466
2022$4,112,466---$4,112,466
2021$4,112,466---$4,112,466
2020$4,112,466---$4,112,466
2019$4,112,466---$4,112,446
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Simona CeciCo-president, Resigned 12/31/2023FT$282,928$24,684$307,612
John AshbyCEO, PresidentFT$254,423$22,298$276,721
Justin PritchardAssociate VP of FinanceFT$130,043$25,979$156,022
Lezlie BlaskiDirector of Human ResourceFT$134,662$10,749$145,411
Jennifer AbdellaProgram DirectorFT$122,647$11,719$134,366

Board Members and Trustees

NameTitle
Nina Bogosian QuigleyChair
Rana GillmonVice Chair
Rabih YazbeckVice President of Programs
Carol B AslanianDirector
Elias HabayebDirector
Emily RosenbergDirector
Haig MardikianDirector
Jeffrey HabibDirector
Linda JacobsDirector
Liz Aslanian LorenzoniDirector
Sebouh NahabedianDirector
Shant MardirossianDirector
Johnson GarrettSecretary
Mona EraibaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,429,362
Program Service Revenue
$0
Investment Income
$651,770
Other Revenue
$-199,499
All Other Contributions
$9,265,601
Change in Net Assets
$5,334,593

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$29,927Fair Market Value (FMV)
Total Noncash Contributions3$29,927-

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,031,149
Revenue Not Reported on Financial Statements
$-149,516
Revenue Not Reported on Form 990
$858,321
Other Revenue Adjustments
$-200,489
Total Revenue per Audited Statements
$27,889,470
Total Revenue per Form 990
$26,881,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,902,741
Salaries, Compensation, and Employee Benefits$8,424,591
Grants and Similar Amounts Paid$1,219,708
Total Fundraising Expense$748,124
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,965,891$493,910$454,154$5,913,955
Other Employee Benefits$1,316,233$161,213$136,081$1,613,527
Foreign Grants$1,219,708--$1,219,708
Travel$814,380$134,331$22,874$971,585
Current Officers, Directors, Trustees, and Key Employees$624,329$62,978$57,555$744,862
Fees for Services Other$615,594$65,845$14,771$696,210
Occupancy$471,852$50,470$11,322$533,644
Fees for Services Accounting$252,503$27,008$6,059$285,570
Other Expenses$247,314$26,454$5,932$279,700
Fees for Services Legal$227,004$24,281$5,447$256,732
Pension Plan Contributions$90,298$11,060$9,336$110,694
All Other Expenses$83,929$1,221$2,144$87,294
Fees for Service Investment Mgmnt Fees-$50,973-$50,973
Office Expenses$42,660$4,563$1,024$48,247
Depreciation Depletion$40,955-$6,200$47,155
Payroll Taxes$33,897$4,152$3,504$41,553
Total Functional Expenses$19,680,457$1,118,459$748,124$21,547,040

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,547,040
Expenses per Audited Statements$21,496,067
Total Expenses per Audited Statements$21,496,067
Expenses Not Reported on Financial Statements$50,973
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
23
Employees
230
Spending
$16,672,106

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
JordanProgram ServiceProvide Material Assistance Targeted to Training, Outreach Support and Mentoring for Refugees and Their Jordanian Neighhbors.229$3,523,400
SyriaProgram ServiceEstablishment of Revolving Fund to Support Livelihoods Recovery in Ne and Nw of Syria989$3,349,508
LebanonProgram ServiceProvide Material Assistance Targeted to Training, Outreach Support and Mentoring.116$2,678,700
MaliProgram ServiceSupport for Food, Security, Resilience to Climate Change, and Support of Poverty Reduction.129$2,379,815
SudanProgram ServiceSupport for Natural Resource Management, Food Security, and Poverty Reduction.326$1,815,115
MoroccoProgram ServiceHelp Established Small Businesses Expand to Medium Sized Businesses.17$905,727
IraqProgram ServiceImprove Access to Safe and Sustainable Livelihood Support Services for Iraqi Idps/returnees and Vulnerable Host Community Members & Improve Participation in Incomegenerating Activities Among Iraqi Idps/returnees and Vulnerable Host Community Members217$842,113
ArmeniaProgram ServiceTo Create New Job Opportunities for the People Who Have Taken Refuge From Recent Hostilities and to Enhance the Resilience, Sustainability, Accountability, and Innovation Driven Capacity Building the Armenian Civil Society Organizations.110$768,358
LondonProgram ServiceSupport Program Implementation and Development.15$409,370
BelgiumProgram ServiceSupport Program Implementation and Development.12-
West BankProgram ServiceTo Support Agricultural Development and Cross Border Training10-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$474,055
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Once nef management has completed the form 990 in draft, in consultation with the organization's tax preparers, nef management will provide the draft form to the nef audit committee ahead of a meeting of this committee. The committee will review the draft form and provide its approval, subject to appropriate revisions. Upon such approval, nef management will provide the approved form 990 to the full nef board and submit the approved form to the irs accordance with the required due dates for submission.”

Form 990, Part VI, Section B, Line 12C

“Directors, officers, and key employees are required to complete questionnaire each year, disclosing any conflicts of interests. A response is required and any potential conflicts are investigated and brought to the attention of the chairman, president, and if appropriate, legal counsel.”

Form 990, Part VI, Section B, Line 15

“The process to set executive compensation (president, officers, & other key employees) consists of a review conducted by the nomination, governance and compensation committee of the board. Legal counsel is consulted regarding terms and conditions. Recruiting agents may also be consulted to determine appopriate salaries. Comparability measures include 990's for comparable organizations, recruiters, and also surveys on not-for-profit pay published by birches group.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Near East Foundation
EIN
13-1624114
Phone
3154288670
Address
110 WEST FAYETTE STREET 710, SYRACUSE, NY 13202

Signing Officer

Name
John Ashby
Title
President & CEO
Phone
3154288670
Signed
2025-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Ashby
Formed
1930
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
12
Employees
22
Volunteers
25

Preparer

Firm
Bonadio & Co Llp
Address
432 NORTH FRANKLIN STREET, SYRACUSE, NY 13204
Preparer
Karen Nasoni
Phone
3154764004
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“No change from prior year”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Foreign currency exchange loss -161,403. Loss on currency exchange rate options -39,086.”

Raw XML AppendixShowing 400 of 821 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE NEAR EAST FOUNDATION HELPS BUILD MORE SUSTAINABLE, PROSPEROUS, AND INCLUSIVE COMMUNITIES IN THE MIDDLE EAST AND AFRICA THROUGH EDUCATION, COMMUNITY ORGANIZATION, AND ECONOMIC DEVELOPMENT.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO, PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CO-PRESIDENT, RESIGNED 12/31/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT OF PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASSOCIATE VP OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF HUMAN RESOURCE
IRS990/Form990PartVIISectionAGrp/TitleTxt18PROGRAM DIRECTOR
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IRS990/MissionDesc0TO REALIZE MORE PROSPEROUS, INCLUSIVE, AND RESILIENT COMMUNITIES, THE NEAR EAST FOUNDATION (NEF) WORKS WITH LOCAL PARTNERS TO ENABLE INNOVATIVE, SUSTAINABLE, COMMUNITY-LED ECONOMIC AND SOCIAL DEVELOPMENT ACROSS THE MIDDLE EAST, AFRICA, AND THE CAUCASUS. WE SUPPORT MARGINALIZED PEOPLE AND COMMUNITIES TO CULTIVATE NEW SKILLS AND TO ACCESS RESOURCES, NETWORKS, AND OPPORTUNITIES TO SHAPE A FUTURE WHERE THEY CAN OVERCOME VULNERABILITY TO POVERTY, ECONOMIC AND SOCIAL INEQUITY, CONFLICT, CLIMATE CHANGE AND ENVIRONMENTAL DEGRADATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAMS TO CREATE SUSTAINABLE LIVELIHOODS THROUGH MICROENTERPRISE DEVELOPMENT AND BUSINESS TRAINING. NEF WORKS TO CREATE PERMANENT JOBS AND GENERATE INCOME FOR WOMEN ENTREPRENEURS. NEF PROVIDES MATERIAL ASSISTANCE, TARGETED TRAINING AND OUTREACH SUPPORT AND MENTORING FOR REFUGEES AND THEIR HOST COUNTRY NEIGHBORS TO CREATE SUSTAINABLE LIVELIHOODS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PROGRAMS TO IMPROVE THE FOOD SECURITY AND RESILIENCE OF RURAL POPULATIONS IN THE MOPTI REGION OF MALI IN THE FACE OF SHOCKS RELATED TO CLIMATE CHANGE AND SOCIAL CRISES BY STRENGTHENING THE INTEGRATED MANAGEMENT OF NATURAL RESOURCES BY SUSTAINABLY INCREASING THE PRODUCTIVITY AND FOCUS OF VALUE CHAINS IN THE RURAL SECTOR.
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