Civic Intelligence

The Eurasia Foundation

EIN 52-1780162 • 501(c)3 • Washington, DC

Profile

Eurasia foundation believes societies function best when people take responsibility for their own civic and economic prosperity. Through cooperation based on mutual respect, our programs equip citizens to define and achieve outcomes of enduring (continued on schedule o)benefit to their communities. While building the leadership skills of women and young people, we help small business become more successful, local government more responsive and civic organizations more effective and resilient.

1717 Pennsylvania Ave NW 1025 1Washington, DC 20006

www.eurasia.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.65x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.11x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

29th percentile

-1.6%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

3rd percentile

-23%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

70%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,010,032

Down $1,800,304 (-23%) from 2023

Liabilities

Down

$3,927,426

Down $1,617,195 (-29%) from 2023

Net Assets

Down

$2,082,606

Down $183,109 (-8.1%) from 2023

Revenue

Up

$36,362,407

Up $14,947,422 (+70%) from 2023

Expenses

Up

$36,939,538

Up $15,410,569 (+72%) from 2023

Net Income

Down

-$577,131

Down $463,147 (-406%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $22,065,139Liabilities 2011: $10,202,257Net Assets 2011: $11,862,8822011Assets 2012: $19,287,820Liabilities 2012: $7,577,083Net Assets 2012: $11,710,7372012Assets 2013: $13,027,965Liabilities 2013: $3,335,853Net Assets 2013: $9,692,1122013Assets 2014: $11,577,217Liabilities 2014: $2,847,034Net Assets 2014: $8,730,1832014Assets 2015: $8,952,987Liabilities 2015: $2,625,842Net Assets 2015: $6,327,1452015Assets 2016: $8,709,751Liabilities 2016: $3,561,017Net Assets 2016: $5,148,7342016Assets 2017: $6,490,682Liabilities 2017: $2,399,183Net Assets 2017: $4,091,4992017Assets 2018: $5,704,979Liabilities 2018: $2,070,794Net Assets 2018: $3,634,1852018Assets 2019: $4,708,084Liabilities 2019: $1,275,257Net Assets 2019: $3,432,8272019Assets 2020: $5,739,424Liabilities 2020: $3,711,345Net Assets 2020: $2,028,0792020Assets 2021: $7,282,681Liabilities 2021: $4,764,285Net Assets 2021: $2,518,3962021Assets 2022: $6,927,044Liabilities 2022: $4,830,267Net Assets 2022: $2,096,7772022Assets 2023: $7,810,336Liabilities 2023: $5,544,621Net Assets 2023: $2,265,7152023Assets 2024: $6,010,032Liabilities 2024: $3,927,426Net Assets 2024: $2,082,6062024

Highlighted filing

2024

Assets$6,010,032
Liabilities$3,927,426
Net Assets$2,082,606

Operations Trend

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

$40M$20M$0-$20MRevenue 2011: $13,965,200Expenses 2011: $10,583,372Net Income 2011: $3,381,8282011Expenses 2012: $8,431,4672012Revenue 2013: $5,365,252Expenses 2013: $9,365,970Net Income 2013: -$4,000,7182013Revenue 2014: $8,352,668Expenses 2014: $10,485,834Net Income 2014: -$2,133,1662014Revenue 2015: $9,274,046Expenses 2015: $10,381,401Net Income 2015: -$1,107,3552015Revenue 2016: $8,387,176Expenses 2016: $9,955,724Net Income 2016: -$1,568,5482016Revenue 2017: $9,013,542Expenses 2017: $9,641,219Net Income 2017: -$627,6772017Revenue 2018: $9,241,468Expenses 2018: $9,784,749Net Income 2018: -$543,2812018Revenue 2019: $8,408,392Expenses 2019: $8,820,104Net Income 2019: -$411,7122019Revenue 2020: $10,131,298Expenses 2020: $11,371,049Net Income 2020: -$1,239,7512020Revenue 2021: $16,957,437Expenses 2021: $16,744,127Net Income 2021: $213,3102021Revenue 2022: $21,294,197Expenses 2022: $21,652,382Net Income 2022: -$358,1852022Revenue 2023: $21,414,985Expenses 2023: $21,528,969Net Income 2023: -$113,9842023Revenue 2024: $36,362,407Expenses 2024: $36,939,538Net Income 2024: -$577,1312024

Highlighted filing

2024

Revenue$36,362,407
Expenses$36,939,538
Net Income-$577,131

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.01$3.93$2.08$36.4$36.9$0.58
2023Detailed filing. Detailed filing data is available for this year.$7.81$5.54$2.27$21.4$21.5$0.11
2022Detailed filing. Detailed filing data is available for this year.$6.93$4.83$2.10$21.3$21.7$0.36
2021Detailed filing. Detailed filing data is available for this year.$7.28$4.76$2.52$17.0$16.7$0.21
2020Detailed filing. Detailed filing data is available for this year.$5.74$3.71$2.03$10.1$11.4$1.24
2019Detailed filing. Detailed filing data is available for this year.$4.71$1.28$3.43$8.41$8.82$0.41
2018Detailed filing. Detailed filing data is available for this year.$5.70$2.07$3.63$9.24$9.78$0.54
2017Detailed filing. Detailed filing data is available for this year.$6.49$2.40$4.09$9.01$9.64$0.63
2016Detailed filing. Detailed filing data is available for this year.$8.71$3.56$5.15$8.39$9.96$1.57
2015Detailed filing. Detailed filing data is available for this year.$8.95$2.63$6.33$9.27$10.4$1.11
2014Summary only. Only limited summary data is available for this year.$11.6$2.85$8.73$8.35$10.5$2.13
2013Summary only. Only limited summary data is available for this year.$13.0$3.34$9.69$5.37$9.37$4.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$7.58$11.7$8.43
2011Summary only. Only limited summary data is available for this year.$22.1$10.2$11.9$14.0$10.6$3.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jun 25, 2025
Return Version
2023v6.0
Gross Receipts
$36,495,868
Mission and Program Overview

Mission

Eurasia foundation believes societies function best when people take responsibility for their own civic and economic prosperity. Through cooperation based on mutual respect, our programs equip citizens to define and achieve outcomes of enduring (continued on schedule o)

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,373,575$1,734,117▲ $360,542
Investments in Publicly Traded Securities$1,161,498$1,540,271▲ $378,773
Cash and Non-Interest-Bearing Accounts$3,051,098$931,208▼ $2,119,890
Land, Buildings, and Equipment, Net$506,852$438,374▼ $68,478
Prepaid Expenses and Deferred Charges$174,813$318,268▲ $143,455
Savings and Temporary Cash Investments$257,168$14,217▼ $242,951
Total Assets$7,810,336$6,010,032▼ $1,800,304
Other Assets Total$1,285,332$1,033,577▼ $251,755
Liabilities
Other Liabilities$3,682,842$2,261,614▼ $1,421,228
Accounts Payable and Accrued Expenses$1,203,276$1,250,627▲ $47,351
Grants Payable$658,503$415,185▼ $243,318
Total Liabilities$5,544,621$3,927,426▼ $1,617,195
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,256,047$2,069,569▼ $186,478
Net Assets With Donor Restrictions$9,668$13,037▲ $3,369
Total Net Assets Fund Balance$2,265,715$2,082,606▼ $183,109
Total Liabilities and Net Assets / Fund Balance$7,810,336$6,010,032▼ $1,800,304

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$367,361$207,639$575,000
Leasehold Improvements$26,708$39,616$66,324
Other Land Buildings$44,305$20,466$64,771
Other Assets Org$32,447--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth CollPresidentFT$208,226$48,303$256,529
ROBERT O'DONOVANVP of ProgramsFT$177,148$35,181$212,329
Ruslanbek Monolbaev Sr DirOf Business DevelopmentFT$144,252$42,708$186,960
Sara Shirzad Sr DirectorOf Innovative Trainings SolutionsFT$165,383$13,864$179,247
Bruce Brown Dir of FinanceAnd Administration - Until 03/2024FT$131,546$34,661$166,207
Hrachya Topalyan Director ofCivic Engagement and LeadershipFT$120,175$29,762$149,937
Mathew MosnerGeneral CouncilFT$118,687$26,019$144,706
Camilla Amma KyewaahDirector of HrFT$115,893$13,202$129,095

Board Members and Trustees

NameTitle
Pamela SpratlenChairman
Richard L MorningstarVice Chairman
Alexandra Hall HallMember
Alonzo FulghamMember
Andras SimonyiMember
Conan FrenchMember
David SladeMember
Dj WolffMember
Eric GreenMember
Jill DoughertyMember
Judyth TwiggMember
Leif UlstrupMember
Mary Burce WarlickMember
Mira DavidovskiMember
Randy BregmanMember
Scott CullinaneMember
Sean CairncrossMember
Susan FritzMember
William C T GaynorMember
Kenneth YalowitzMember - Until 10/2023
Nydia ClaytonMember - Until 10/2023
Susan a ThorntonMember - Until 11/2023
Susan ReichleSecretary
Brad StevensonTreasurer - as of 10/2023
Robert R DrumhellerTreasurer - Until 10/2023

Highest Paid Contractors

ContractorServicesLocationCompensation
Devhub Consulting LLCSoftware Development And It ServicesPARKOVO-SYRETSKA STRREET SUITE 15A, Kyiv, Up$396,689
Eden Pro LLCSoftware Development And It ServicesSHEVCHENKO BOULEVARD SUITE 33, Kyiv, Up$230,000
Medirent LLCSoftware Development And It ServicesMALEVYCHA STREET SUITE 86-B, Kyiv, Up$204,893
Smart Integration Group LLCSoftware Development And It ServicesKOLTSOVA BOULEVARD SUITE 14-D, Kyiv, Up$194,769
Prozorri Ryshenya LLC (prozorri SolutionSoftware Development And It ServicesYAROSHA STREET SUITE 17-B, Kharkiv, Up$178,981
Revenue and Support

Revenue Composition

Contributions and Grants
$36,253,400
Program Service Revenue
$0
Investment Income
$109,007
Other Revenue
$0
All Other Contributions
$200,035
Change in Net Assets
$-577,131

Audited Revenue Reconciliation

Revenue per Audited Statements
$36,350,987
Revenue Not Reported on Financial Statements
$11,420
Revenue Not Reported on Form 990
$318,903
Total Revenue per Audited Statements
$36,669,890
Total Revenue per Form 990
$36,362,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$14,250,719
Other Expenses$13,143,099
Salaries, Compensation, and Employee Benefits$9,545,720
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$12,805,190--$12,805,190
Fees for Services Other$6,885,902$1,012,733-$7,898,635
Other Salaries and Wages$5,161,316$2,278,188-$7,439,504
Travel$1,382,978$188,725-$1,571,703
Grants to Domestic Orgs$1,445,529--$1,445,529
Other Employee Benefits$635,444$276,780-$912,224
Current Officers, Directors, Trustees, and Key Employees-$531,677-$531,677
Occupancy$349,105$120,965-$470,070
Payroll Taxes$293,507$154,971-$448,478
Information Technology$152,773$256,844-$409,617
Office Expenses$135,466$172,589-$308,055
Conferences and Meetings$246,467$15,091-$261,558
Pension Plan Contributions$156,937$56,900-$213,837
Fees for Services Accounting$120,918$15,643-$136,561
Insurance$31,862$53,567-$85,429
Fees for Services Legal$70,393$9,107-$79,500
All Other Expenses$36,934$31,808-$68,742
Depreciation Depletion$20,926$25,676-$46,602
Other Expenses$17,252$29,003-$46,255
Fees for Service Investment Mgmnt Fees-$11,420-$11,420
Advertising$1,075$1,319-$2,394
Total Functional Expenses$31,629,611$5,309,927$0$36,939,538

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$36,939,538
Expenses per Audited Statements$36,928,118
Total Expenses per Audited Statements$36,852,999
Expenses Not Reported on Financial Statements$11,420
Expenses Not Reported on Form 990$-75,119
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Open Contracting PartnershipWashington, DC501(c)(3)Digital Transformation$480,731
Women in Digital Transformation LLCWashington, DCFor-profitDigital Transformation$260,284
Global ImpactAlexandria, VA501(c)(3)Capacity Building Project for Social Organizations Through Online Learning$150,000
Ecpat USA IncBrooklyn, NY501(c)(3)Partnership With International Experts and Peers$70,000
Housing Works IncBrooklyn, NY501(c)(3)Partnership With International Experts and Peers$70,000
The Museum of Russian ArtMinneapolis, MN501(c)(3)Partnership With International Experts and Peers$69,987
International Indigenous Fund BataniWest Boothay Harbor, ME501(c)(3)Partnership With International Experts and Peers$69,800
Grains of Good FoundationSan Carlos, CAFor-profitPartnership With International Experts and Peers$69,080
Hulme Resources IncLees Summit, MOFor-profitPartnership With International Experts and Peers$68,588
California State University San Marcos CorporationSan Marcos, CA501(c)(3)Youth Environment Exchange$66,455
Southern Utah UniversityCedar City, UTGovt EntityPartnership With International Experts and Peers$33,877
International Justice Organisation IncSan Diego, CAFor-profitPartnership With International Experts and Peers$32,266

International Summary

Offices
4
Employees
59
Spending
$31,514,064

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Russia and Neighboring StatesProgram ServicesSupport Institutional Development, Civic Engagement, Social Expertise Exchange, Good Governance, Support Nonprofit Organizations, Community Development, and Women Civic Engagement459$15,345,489
Russia and Neighboring StatesGrants and Other Support to Recipients Located in the RegionOnline Education, Critical Thinking, and Digital Exchange Programs00$12,698,992
Middle East and North AfricaProgram Services-00$3,363,385
Middle East and North AfricaGrants and Other Support to Recipients Located in the Region-00$106,198
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
Lease Liability$1,150,348
Refundable Advances$1,111,266
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The federal form 990 is prepared by an outside accountant in consultation with the organization's senior management. A draft of form 990 is reviewed by the director of accounting. A copy of the form 990 is provided electronically to the finance and audit and executive committees, as well as the entire board. All questions are addressed electronically, before filing with the irs.

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

Annually, all officers, trustees and employees are required to sign a conflict of interest statement and, if necessary, the statement is updated throughout the year. If a conflict should arise, the interested officer, trustee, or staff member will disclose in writing to the board of trustees all material facts as to the relationship or interest. Individuals with conflicts of interest must recuse themselves from participating in any part of the decisions related to the transaction giving rise to the conflict.

Form 990, Part VI, Section B, Line 15A

Each year eurasia foundation (ef) reviews market research on the existing salaries to ensure it is competitive in its employee compensation. Ef also follows industry standard for merit increase adjustments. A review is conducted to compare ef against the dc area as well as similar organizations and budget size based on published survey data. The president's salary is reviewed and approved by the board. For all other employees, an annual salary adjustment pool is reviewed by the finance & audit committee and recommendation is made to the executive committee for final approval. Performance and salary review for the president is conducted by the chair and vice chair of the board. The president also annually undergoes 360-degree performance reviews and her last compensation review took place in january of 2024.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request. The organization's financial statements are also available on guidestar.org. Audited financial statements are provided upon request.

Filing and Contact Details

Filer

Filer Name
The Eurasia Foundation
EIN
52-1780162
Phone
2022347370
Address
1717 PENNSYLVANIA AVE NW 1025 1, WASHINGTON, DC 20006

Signing Officer

Name
Elizabeth Coll
Title
President
Phone
2022347370
Signed
2025-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Coll
Formed
1992
Legal Domicile
Dc
Voting Board Members
21
Independent Board Members
21
Employees
85
Volunteers
26

Preparer

Firm
Cbiz Advisors LLC
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Aaron M Fox
Phone
2022274000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants and contract services: program service expenses 6,685,640. Management and general expenses 864,936. Fundraising expenses 0. Total expenses 7,550,576. Staff recruitment: program service expenses 78,544. Management and general expenses 132,050. Fundraising expenses 0. Total expenses 210,594. Payroll processing fees: program service expenses 65,327. Management and general expenses 8,452. Fundraising expenses 0. Total expenses 73,779. Translation services: program service expenses 24,993. Management and general expenses 3,233. Fundraising expenses 0. Total expenses 28,226. Design, printing, publications services: program service expenses 16,110. Management and general expenses 2,084. Fundraising expenses 0. Total expenses 18,194. Global employment services: program service expenses 15,288. Management and general expenses 1,978. Fundraising expenses 0. Total expenses 17,266.

FORM 990, PART XI, LINE 9:

Refund of unused grants 75,119.

Financial Statement Notes

PART X, LINE 2:

Ef performed an evaluation of uncertainty in income taxes for the year ended september 30, 2024, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Refund of unused grants -75,119.

Raw XML AppendixShowing 400 of 1,263 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/ActivityOrMissionDesc0SEE PART III, LINE 1.
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IRS990/Desc0EURASIA PROGRAMSEURASIA FOUNDATION'S PROGRAMS IN THE EURASIA REGION (UKRAINE, RUSSIA, CENTRAL ASIA, SOUTH CAUCASUS) ARE IMPLEMENTED IN PARTNERSHIPS WITH THE EF'S LEGACY FOUNDATIONS (EURASIA FOUNDATION OF CENTRAL ASIA, EAST EUROPE FOUNDATIONS, EURASIA PARTNERSHIP FOUNDATION, AND NEW EURASIA FOUNDATION) AND OTHER IMPLEMENTING PARTNERS. EF'S MAJOR PROGRAMS IN THE EURASIA REGION FOCUSED ON CAPACITY BUILDING OF CIVIL SOCIETY ORGANIZATIONS, SUPPORTING A NETWORK OF RESOURCE, RESEARCH AND TRAINING CENTERS, FACILITATING SOCIAL EXPERTISE EXCHANGE, BUILDING PARTNERSHIPS BETWEEN UNIVERSITIES, AND INCREASING TRANSPARENCY AND ACCOUNTABILITY THROUGH E-GOVERNANCE AND DIGITAL TRANSFORMATION ACTIVITIES.
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