Financials
Central Asia Institute is a non-profit 501(c)3 organization dedicated to using donations it receives prudently to best effect generations of people, primarily in the contiguous mountain regions of Central Asia. Our pledge to our donors is to keep our overhead (administrative and fundraising costs) low, maximize the percentage of contributions that are available for our programs, spend and save program dollars wisely so that multitudes of children may benefit over the long term. Historically, the average annual percentage CAI has set aside for its programs is 83%.
CAI has two purposes– as described in the original 1996 certificate of incorporation and in its application for recognition of exemption as a 501(c)(3) charitable organization filed with the Internal Revenue Service – to establish and support education in remote mountain communities of Central Asia and to educate the public about the importance of these educational activities.
This dual mission and that of its co-founder, Greg Mortensen, focuses on educational and community building projects in remote mountain regions of Central Asia, and educates the American and international public about the need to expand educational opportunities in these complex regions as a way to promote peace. More specifically, as outlined on our Program Page, CAI’s programs include school building, scholarships, teacher support, public health, women’s vocational centers, and global outreach. Global Outreach allows CAI to promote awareness of the importance of primary education, literacy, and cross-cultural understanding through its websites, publications, public events, the Pennies for Peace Program, and the books Three Cups of Tea and Stones into Schools.
Central Asia Institute recognizes its obligation to provide information regarding its programs and activities for review by the public. Our policy is to provide such reports and information to the pertinent local, state, and federal regulatory agencies. These entities include the Internal Revenue Service and the Attorney General Offices in the states where we conduct activity.
Charity “watchdog” organizations often request such information. Each has its own analysis, guidelines, and application process. To respond to all of them would be counterproductive and not cost-effective. Therefore, when supporters request this information, we direct them to organizations that monitor such information and comply with IRS directives, such as Guidestar. We also direct donors to individual state attorney general offices since they can provide registration information on Central Asia Institute.
To request a copy of our full audited financial statements, please email info@ikat.org.
To show our accountability to donors, we have provided our annual reports and our Form 990 tax returns below.
CAI Funding Sources
CAI 501(c)3 Tax Exempt Status
2010 IRS Letter of Determination
2003 IRS Letter of Determination
CAI Annual Reports
September 30, 2010 and 2009 Annual Report
September 30, 2004 Annual Report
CAI 990 Tax Forms
2009 Form 990 (Fiscal Year End September 30, 2010)
2008 Form 990 (Fiscal Year End September 30, 2009)
2007 Form 990 (Fiscal Year End September 30, 2008)
2006 Form 990 (Fiscal Year End September 30, 2007)
2005 Form 990 (Fiscal Year End September 30, 2006)
2004 Form 990 (Fiscal Year End September 30, 2005)
2003 Form 990 (Fiscal Year End September 30, 2004)
2003 Form 990 (Fiscal Year End September 30, 2003)
2002 Form 990 (Calendar Year End December 31, 2002)
2001 Form 990 (Calendar Year End December 31, 2001)
2000 Form 990 (Calendar Year End December 31, 2000)
1999 Form 990 (Calendar Year End December 31, 1999)
1998 Form 990 (Calendar Year End December 31, 1998)
