Arab Gulf Programme For Development
Only 46% goes to programs Strong reserves Growing revenue
Arab Gulf Programme For Development is a 501(c)(4) organization based in New York, New York, registered in 2018, with $124,323,993 in FY2024 revenue. CharityIndex grades it B, and it directs about 46% of spending to programs.
C/o Wohabe Law 515 Madison Ave, New York, NY, 10022 EIN 52-2340908 Since 2018
Revenue (FY2024)
$124.3M
▲ 398.4% vs prior year
International median: $227K
Expenses (FY2024)
$20.5M
Net assets
$944.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
CProgram efficiency40% of the rating46% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Arab Gulf Programme For Development: 46% to programs earns a C on this criterion. See the exact thresholds →
B+Financial health25% of the rating553 mo reserves · +84% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Arab Gulf Programme For Development: 553 mo reserves · +84% margin earns a B+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Arab Gulf Programme For Development: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Arab Gulf Programme For Development: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o
What they do
Arab open university. in strategic partnership with the british open university, creation and support for the arab open university, a non-profit institution of higher education, to provide sophisticated higher education to the largest possible number of arab students while contributing to the development of practical solutions to issues of concern to the arab communities. such issues involve unemployment, increasing demand for higher education, helping the poor to get their rights, and increasing the role of arab women in development mobility.
Other initiatives. lead initiatives focused on early childhood development, women's empowerment, youth empowerment, and the promotion of a civil society.
Contact & location
- Address
- C/o Wohabe Law 515 Madison Ave, New York, NY, 10022
- City
- New York
- State
- New York
- Subcategory
- International Development & Relief
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $63.1M (FY2018) to $124.3M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $20.3MNet assets $944.5M
Operating margin
83.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$964.7M
Total liabilities
$20.3M
Net assets
$944.5M
Salaries & benefits
$4.7M
23% of expenses
Board members
10
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $124,323,993▲398% | $20,486,580▲16.2% | $944,450,721▲16.1% | $964,711,133▲16.3% | 990 |
| 2023 | $24,942,163▼60.4% | $17,624,431▲15.0% | $813,240,561▲6.3% | $829,757,055▲6.4% | 990 |
| 2022 | $63,016,234▼10.9% | $15,322,792▲15.5% | $764,690,862▼2.4% | $779,649,865▼2.3% | 990 |
| 2021 | $70,695,191▲26.7% | $13,261,440▲0.4% | $783,372,560▲14.1% | $798,090,238▲14.1% | 990 |
| 2020 | $55,793,875▼19.8% | $13,212,397▲2.7% | $686,472,515▲15.7% | $699,706,501▲15.3% | 990 |
| 2019 | $69,590,464▲10.3% | $12,866,269▼9.3% | $593,277,250▲17.9% | $606,882,481▲16.8% | 990 |
| 2018 | $63,099,515 | $14,191,570 | $503,027,318 | $519,491,304 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Nasser Baker Al Kahtani — $559,407 (2.73% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nasser Baker Al Kahtani | Exec. Director/board Member | 40 | $559,407 |
| Munirah Al Otaibi | Finance & Admin Dept. Director | 40 | $191,894 |
| Zeina Ahmed Safa | Asset Mgmt Unite Director | 40 | $175,152 |
| Muhammed Al Salim | Project Director | 40 | $172,720 |
| Dareen Mahrous | It Director | 40 | $159,797 |
| Salah Hassan Abdullah | Internal Audit Director | 40 | $124,823 |
| Mohammed Ahmed Al-mahroqi | Board Member | 1 | $26,000 |
| Mohsen Saleh Al Bahli | Board Member | 1 | $26,000 |
| Nawaf Hashim Al Sadeh | Board Member | 1 | $26,000 |
| Abdulmuhsen Saad A Alkhalaf | Board Member | 1 | $20,000 |
| Ghazi A A E A Almutawa | Board Member | 1 | $20,000 |
| Khalifa Abdulla A M Alqubaisi | Board Member (thru 05/24) | 1 | $9,000 |
| Salamah Al Qubaisi | Board Member (as of 05/24) | 1 | $9,000 |
| Abulaziz Alrasheed | Board Member | 1 | — |
| Prince Abdulaziz Bin Talal Ai | President/board Member | 40 | — |
| Thamer Hossain Alfailakawi | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Blackstone Capital Partners X | Investment Mgmt | $160,321 |
| Mr Khalid Al-sweilem | Investment Mgmt | $150,700 |
| Mr Radi Al-haddad | Investment Mgmt | $150,700 |
| Mr Imad Al-naquib | Investment Mgmt | $150,700 |
| Mr Nasser Alkahtani | Investment Mgmt | $150,700 |
Grants made · $2.6M in FY2024
5 grants totaling $2.6M in FY2024. All grants made by Arab Gulf Programme For Development →
| Recipient | Purpose | Amount |
|---|---|---|
| United Nations Development Programme | Prog.support | $1,400,000 |
| University of Chicago | Prog.support | $650,000 |
| Education For Employment | Prog.support | $200,000 |
| Helen Keller International | Prog.support | $200,000 |
| United States Fund For Unicef | Prog.support | $150,000 |
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Frequently asked questions
- Is Arab Gulf Programme For Development a legitimate nonprofit?
- Yes. Arab Gulf Programme For Development is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 52-2340908, based in New York, New York.
- What is Arab Gulf Programme For Development's EIN?
- Arab Gulf Programme For Development's Employer Identification Number (EIN) is 52-2340908.
- How much revenue does Arab Gulf Programme For Development report?
- Arab Gulf Programme For Development reported $124,323,993 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Arab Gulf Programme For Development's spending goes to programs?
- Arab Gulf Programme For Development spends about 46% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Arab Gulf Programme For Development have?
- CharityIndex grades Arab Gulf Programme For Development B, based on program efficiency and fundraising cost.
- How much does Arab Gulf Programme For Development's highest-paid employee make?
- The highest reported compensation on Arab Gulf Programme For Development's latest Form 990 is $559,407, paid to Nasser Baker Al Kahtani (Exec. Director/board Member).
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Data for Arab Gulf Programme For Development (EIN 52-2340908) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.