ALBANIAN-AMERICAN DEVELOPMENT FOUNDATION Charity Report

Public IRS 990 nonprofit record

ALBANIAN-AMERICAN DEVELOPMENT FOUNDATION

EIN 27-2782213 · International Development (Q30)

What they do

IT is THE FOUNDATIONS MISSION to FACILITATE THE DEVELOPMENT of A SUSTAINABLE PRIVATE SECTOR ECONOMY and A DEMOCRATIC SOCIETY IN ALBANIA, and to CONTRIBUTE to STABILITY IN SOUTHEASTERN EUROPE. SPECIFICALLY, THE FOUNDATION WILL SPONSOR THE FOLLOWING PROGRAMS to FURTHER ITS MISSION: EDUCATION for SUSTAINABLE DEVELOPMENT; ENTREPRENEURSHIP; LEADERSHIP DEVELOPMENT; and SUPPORT for CULTURAL TOURISM and ECOTOURISM.THE FOUNDATION WILL ESTABLISH A CENTER IN TIRANA WHICH WILL PROVIDE A LOCAL BASE of OPERATIONS for THE FOUNDATION, OFFER ACCESS to MATERIALS RELEVANT to ITS AREAS of ACTIVITY, and PROVIDE A CENTRAL SITE for THE FOUNDATIONS SERVICES and PROGRAMS. IT WILL ALSO SERVE AS A SYMBOL of UNITED STATES COMMITMENT and CONTRIBUTIONS to THE DEMOCRACY and WELL-BEING of THE PEOPLE of ALBANIA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $66.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

49.93%of revenue went to mission work66.0% of expenses · Program services

$71.57spent for every $100 of revenueRevenue covered expenses this year.

25.77%of revenue went to management and office costs34.0% of expenses

$41.72in assets for every $1 spent this yearSome assets cannot be spent right away.

51.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $138,957 for ALEKSANDER SARAPULI (CO-CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,264,607

Mission workProgram services$4,625,67449.93% of revenue66.0% of expenses

ManagementOffice and general costs$2,387,68025.77% of revenue34.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$2,251,25324.30% of revenueShown in gray on the chart

Total expenses$7,013,35475.70% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2018CurrentExpense mix: 66.0% mission · 34.0% management · 0.0% fundraisingTotal expenses: 75.70% of revenue

2017Expense mix: 66.3% mission · 33.7% management · 0.0% fundraisingTotal expenses: 88.18% of revenue

2016Expense mix: 63.7% mission · 36.3% management · 0.0% fundraisingTotal expenses: 24.19% of revenue

Money in and money out

Revenue$9,799,651

Expenses$7,013,354

Annual surplus $2,786,297 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,625,674 · 66.0% of expenses

Management and office costs$2,387,680 · 34.0% of expenses

See all reported dollar amounts

Revenue$9,799,651

Expenses$7,013,354

Assets$292,622,615

Income$29,137,523

Contributions$5,000,000

Mission work (program services)$4,625,674

Management and general$2,387,680

Executive compensation (total)$336,633

Accounting fees$17,716

Investing fees$452,055

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ALEKSANDER SARAPULICO-CEO · 32 hrs/week $138,957Base $124,712 · Other $14,245

MARTIN MATACO-CEO · 32 hrs/week $138,957Base $124,712 · Other $14,245

FLORIDA QELLOSECRETARY OF THE BOARD · 32 hrs/week $96,710Base $87,209 · Other $9,501

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

ALEKSANDER SARAPULICO-CEO

MARTIN MATACO-CEO

FLORIDA QELLOSECRETARY OF THE BOARD

AIDA REPISHTIBOARD MEMBER

CAFO BOGABOARD MEMBER

DIANE BLANEBOARD MEMBER

DOUGLAS G CARLSTONBOARD MEMBER

JILL ADLERBOARD MEMBER

MICHAEL D GRANOFFCHAIRMAN

RON CAMIBOARD MEMBER

About this charity

Recognized since: January 2025
Location: 780 THIRD AVE CO POMONA CAPITAL FL, NEW YORK, NY 10017-0000
County: New York
In care of: % FLORIDA QELLO
Primary officer: MARTIN MATA, CO-CEO

How to reach them

WebsiteVisit the charity’s website Phone(347) 446-8138

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: FRANK J BRIGANTE CPA PC
NTEE classification: International Development (Q30)
IRS tax category: Ethnic & Immigrant Centers