Form 990 for tax year 2022

Filed by SCHOOL OF LEADERSHIP-AFGHANISTAN INC.

What the amendment changed

Compared with the return it replaced , filed 15 November 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue: $7,228,068 changed to $5,153,284
Total expenses: $3,572,014 changed to $3,504,363
Contributions and grants received: $7,186,986 changed to $5,066,491
Grants paid: $2,115,600 changed to $2,062,624
Investment income: $41,082 changed to $86,793
Total assets, end of year: $20,931,427 changed to $23,738,190
Total liabilities, end of year: $58,586 changed to $57,079
Net assets or fund balances, end of year: $20,872,841 changed to $23,681,111
Program services expenses: $2,866,937 changed to $2,765,319
Management and general expenses: $373,125 changed to $407,473
Fundraising expenses: $331,952 changed to $331,571
Program service expenses (Part III): $2,866,937 changed to $2,765,319

Totals

Total revenue: $5,153,284
Total expenses: $3,504,363
Contributions and grants received: $5,066,491
Grants paid: $2,062,624
Program service revenue: $0
Investment income: $86,793
Other revenue: $0
Total assets, end of year: $23,738,190
Total liabilities, end of year: $57,079
Net assets or fund balances, end of year: $23,681,111
Program services expenses (Part IX): $2,765,319
Management and general expenses: $407,473
Fundraising expenses: $331,571
Program service expenses (Part III): $2,765,319

Program services were 78.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$5,066,491
3 · Investment income

total $332,425 · excluded $332,425
7a · Gross sales of assets other than inventory

securities $17,582,190
7b · Less cost or other basis and sales expenses

securities $17,827,822
7c · Gain or loss

securities -$245,632
7d · Net gain or loss

total -$245,632 · excluded -$245,632

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $46,928 · program services $46,928
3 · Grants to foreign organizations and individuals

total $2,015,696 · program services $2,015,696
5 · Compensation of officers, directors and key employees

total $348,649 · program services $184,544 · management and general $54,702 · fundraising $109,403
7 · Other salaries and wages

total $242,664 · program services $50,950 · management and general $134,212 · fundraising $57,502
8 · Pension plan contributions

total $8,071 · program services $1,453 · management and general $4,772 · fundraising $1,846
9 · Other employee benefits

total $24,298 · program services $9,946 · management and general $8,023 · fundraising $6,329
10 · Payroll taxes

total $43,113 · program services $17,067 · management and general $13,943 · fundraising $12,103
11c · Fees: accounting

total $86,000 · program services $62,830 · management and general $20,727 · fundraising $2,443
11f · Fees: investment management

total $64,886 · management and general $64,886
11g · Fees: other

total $202,132 · program services $147,954 · management and general $48,807 · fundraising $5,371
12 · Advertising and promotion

total $382 · fundraising $382
13 · Office expenses

total $41,604 · program services $27,874 · management and general $8,177 · fundraising $5,553
14 · Information technology

total $13,966 · program services $3,414 · management and general $7,421 · fundraising $3,131
16 · Occupancy

total $2,239 · management and general $2,239
17 · Travel

total $308,504 · program services $184,925 · management and general $6,570 · fundraising $117,009
19 · Conferences, conventions and meetings

total $952 · program services $571 · management and general $20 · fundraising $361
23 · Insurance

total $3,766 · program services $1,144 · management and general $700 · fundraising $1,922
24a · Other expenses: UNCOLLECTIBLE PLEDGES

total $27,625 · management and general $27,625
24b · Other expenses: LICENSES/PERMITS/DUES

total $15,697 · program services $4,769 · management and general $2,916 · fundraising $8,012
24c · Other expenses: PAYROLL PROCESSING FEES

total $7,191 · program services $5,254 · management and general $1,733 · fundraising $204

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $482,687 · end of year $264,381
2 · Savings and temporary cash investments

beginning of year $8,964,271 · end of year $6,924,590
3 · Pledges and grants receivable

beginning of year $4,907,511 · end of year $2,762,670
9 · Prepaid expenses and deferred charges

end of year $494
11 · Investments: publicly traded securities

beginning of year $8,950,836 · end of year $13,736,555
13 · Investments: program-related

end of year $49,500
17 · Accounts payable and accrued expenses

beginning of year $41,060 · end of year $57,079
27 · Net assets without donor restrictions

beginning of year $17,988,755 · end of year $19,053,467
28 · Net assets with donor restrictions

beginning of year $5,275,490 · end of year $4,627,644

Mission and programs · 2022

Mission

TO PROVIDE AFGHAN GIRLS A RIGOROUS EDUCATION THAT PROMOTES CRITICAL THINKING, A SENSE OF PURPOSE, AND RESPECT FOR SELF AND OTHERS.

Activities or mission (Part I)

SEE PART III, LINE 1.

SOLA IS THE ONLY BOARDING SCHOOL ON EARTH EDUCATING AFGHAN GIRLS AT THE SECONDARY LEVEL, OFFERING STUDENTS ACADEMIC INSTRUCTION AND ON-CAMPUS HOUSING. ORIGINALLY BASED IN KABUL, SOLA EVACUATED ITS COMMUNITY OF NEARLY 250 STUDENTS, FACULTY, STAFF, AND FAMILY MEMBERS TO RWANDA IN AUGUST 2021 IN RESPONSE TO THE TALIBAN'S TAKEOVER OF AFGHANISTAN. SOLA'S OPERATIONS HAVE RESUMED IN RWANDA, IN A FACILITY UNDER AN EXTENDED STAY LEASE (INCLUDING LODGING, MEALS AND LAUNDRY FOR ALL RESIDENTS). CURRENTLY, APPROXIMATELY 80 GIRLS ARE LIVING AND LEARNING AT SOLA UNDER THE CARE AND INSTRUCTION OF AFGHAN, AMERICAN AND EUROPEAN EXPATS, AND RWANDAN EDUCATORS AND STUDENT LIFE PROFESSIONALS. IF AT SOME POINT IN THE FUTURE THE SECURITY CONDITIONS IN AFGHANISTAN CHANGE, SOLA WILL CONSIDER RETURNING TO KABUL.SOLA'S PROGRAM WAS ESTABLISHED TO NARROW THE SIGNIFICANT GAP IN EDUCATIONAL QUALITY YET NOW IT PROVIDES EDUCATION TO AFGHAN GIRLS WHO WOULD OTHERWISE HAVE LIMITED OR NO ACCESS TO EDUCATION. IN ORDER TO PROPERLY ADMINISTER ITS PROGRAM ACTIVITIES UPON ARRIVAL IN RWANDA, SOLA (THROUGH SOLA FOR AFGHAN GIRLS) REGISTERED AS A PRIVATE COMPANY LIMITED BY SHARES, UNDER THE NAME "SOLA LTD". SOLA PROMPTLY BEGAN THE PROCESS OF APPLYING FOR INTERNATIONAL NON-GOVERNMENTAL ORGANIZATION (NGO) STATUS WITH THE RWANDA GOVERNANCE BOARD. IN SUBSEQUENT YEAR ACTIVITY, THAT STATUS WAS GRANTED ON MARCH 9, 2023, IN THE REGISTERED NAME SCHOOL OF LEADERSHIP AFGHANISTAN (SOLA).

Expenses $2,765,319 · Grants $2,062,624

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Shabana Basij-RasikhSHABANA BASIJ-RASIKH

PRESIDENT & CO-FOUNDER

Total calculated

$218,807

From this org

$208,450

From related orgs

$0

Other

$10,357

Hours/week

48 + 12 related

Schedule J breakdown matched by us

Base

$154,350

Bonus

$54,100

Other

$0

Deferred

$8,112

Nontaxable benefits

$2,245

Filer's total

$218,807
James BullionJAMES BULLION

CHAIRMAN

Total calculated

$0

Hours/week

5
Kristina LoverroKRISTINA LOVERRO

SECRETARY

Total calculated

$0

Hours/week

5
Deborah HazellDEBORAH HAZELL

TREASURER

Total calculated

$0

Hours/week

5
Suzanne Green-BraisSUZANNE GREEN-BRAIS

DIRECTOR

Total calculated

$0

Hours/week

2
Amin MatiullahAMIN MATIULLAH

DIRECTOR

Total calculated

$0

Hours/week

2 + 0.25 related
Ana PincusANA PINCUS

DIRECTOR

Total calculated

$0

Hours/week

2
Zolaykha SherzadZOLAYKHA SHERZAD

DIRECTOR

Total calculated

$0

Hours/week

2 + 0.25 related
Wendy CushmanWENDY CUSHMAN

DIRECTOR

Total calculated

$0

Hours/week

2
Kayce Freed-JenningsKAYCE FREED-JENNINGS

DIRECTOR

Total calculated

$0

Hours/week

2
Suzanne WrightSUZANNE WRIGHT

DIRECTOR

Total calculated

$0

Hours/week

2
Elizabeth Berry-GipsELIZABETH BERRY-GIPS

DIRECTIOR

Total calculated

$0

Hours/week

2
Elise RiegelELISE RIEGEL

VICE PRESIDENT

Total calculated

$129,843

From this org

$125,000

From related orgs

$0

Other

$4,843

Hours/week

20 + 20 related
Ismail KhanISMAIL KHAN

CONTROLLER (SEE SCHEDULE L)

Total calculated

$0

Hours/week

24 + 6 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation committee
3 · Form 990 of other organizations
3 · Approval by the board or compensation committee
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7: SHABANA BASIJ-RASIKH RECEIVED $54,100 IN BONUS COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

SOLA FOR AFGHAN GIRLS

501(C)(3) · SCHOOL FOR GIRLS IN KABUL · AF · controlled entity

Directly controlled by SCHOOL OF LEADERSHIP-AFGHANISTAN INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

SOLA LTD

C · EDUCATIONAL SUPPORT ACTIVITIES · RW · share of income $11,299 · share of assets $461,685 · controlled entity

Directly controlled by SOLA FOR AFGHAN GIRLS

Provenance

Return type: form_990
Tax year: 2022
Filed: 18 April 2025
IRS schema version: 2022v5.0
Source object: 202521089349300217

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