2026-06-08T09:36:51-05:00 2025-06-30 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-07-01 800967564 SCHOOL OF LEADERSHIP-AFGHANISTAN INC SCHO 6172130425 75 STATE STREET 100 BOSTON MA 02109 SHABANA BASIJ-RASIKH PRESIDENT & CO-FOUNDER 6172130425 2026-06-08 1 0 TED R BATSON JR P00721951 5055022746 2026-06-08 2024 2025-03-06 01:10:19Z SHABANA BASIJ-RASIKH 75 STATE STREET 100 BOSTON MA 02109 48138287 0 X WWW.SOLA-AFGHANISTAN.ORG X 2011 FL TO PROVIDE AFGHAN GIRLS A RIGOROUS EDUCATION THAT PROMOTES CRITICAL THINKING, A SENSE OF PURPOSE, AND RESPECT FOR SELF AND OTHERS. 13 12 15 96 0 0 23133247 12720529 17500 110000 344243 3770946 28867 5045 23523857 16606520 4747970 15907464 0 0 1085301 1549794 0 0 978296 1439207 1677995 7272478 19135253 16251379 -2528733 45900306 47838217 3500500 887747 42399806 46950470 TO PROVIDE AFGHAN GIRLS A RIGOROUS EDUCATION THAT PROMOTES CRITICAL THINKING, A SENSE OF PURPOSE, AND RESPECT FOR SELF AND OTHERS. 0 0 15801712 15801712 0 SOLA RWANDA IS A BOARDING SCHOOL OF AFGHAN GIRLS IN GRADES PRE-6 THROUGH 10. FROM 2016 THROUGH 2021, WE OPERATED IN KABUL; SINCE 2021 AND THE TALIBAN'S RETURN, WE HAVE OPERATED IN RWANDA. WE OFFER OUR STUDENTS AN ENVIRONMENT WHERE THEY CAN FOCUS ON THEIR EDUCATION AND POTENTIAL IN A WAY THAT CANNOT BE FOUND ANYWHERE ELSE ON EARTH: A PLACE WHERE THEY'LL BE CHALLENGED BY A RIGOROUS CURRICULUM AND ENCOURAGED TO TAKE ON LEADERSHIP ROLES AT SCHOOL AND AMONG EACH OTHER. 380741 0 0 SOLAX IS SOLA INC.'S DIGITAL WHATSAPP-BASED PROGRAMMING. STUDENTS NEED ONLY A SMARTPHONE AND A BASIC CELLULAR CONNECTION TO TAKE PART AND ACCESS FREE, DAILY, ASYNCHRONOUS CLASSWORK IN THREE LANGUAGES (ENGLISH, DARI, AND PASHTO). WHILE OPEN TO ANY STUDENT ANYWHERE IN THE WORLD, SOLAX WAS SPECIFICALLY DESIGNED FOR AFGHAN LEARNERS IN GENERAL AND AFGHAN GIRLS IN PARTICULAR, AND IS A KEY COMPONENT OF SOLA'S RESPONSE TO THE TALIBAN'S EDUCATION BAN THAT FORBIDS GIRLS FROM ATTENDING SCHOOL BEYOND 6TH GRADE IN AFGHANISTAN. 615058 105752 110000 SCHOLARS ABROAD IS A PROGRAM DESIGNED TO GIVE ACCESS TO AFGHAN GIRLS TO CONTINUE THEIR STUDIES AT INTERNATIONAL SCHOOL ACROSS THE WORLD. 16797511 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 3 0 1 15 1 0 1 AF RW 0 0 0 0 0 0 0 0 0 0 X 13 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI KS KY MD MA MI MN MS ND NH NJ NM NY NC OR PA RI SC TN VA WA WI WV X STACY SANTELLAN 6172130425 75 STATE STREET 100 BOSTON MA 02109 SHABANA BASIJ-RASIKH PRESIDENT & CO-FOUNDER 40.00 X X 369799 0 32283 ELIZABETH BERRY GIPS CHAIR 5.00 X X 0 0 0 DEBORAH HAZELL TREASURER 20.00 X X 0 0 0 KATHERINE FREED-JENNINGS SECRETARY 5.00 X X 0 0 0 MATIULLAH AMIN DIRECTOR 40.00 X 0 0 0 JAMES BULLION DIRECTOR 2.00 X 0 0 0 ANA PINCUS DIRECTOR 2.00 X 0 0 0 ZOLAYKHA SHERZAD DIRECTOR 2.00 X 0 0 0 WENDY CUSHMAN DIRECTOR 2.00 X 0 0 0 SUZANNE WRIGHT DIRECTOR 2.00 X 0 0 0 JOHN AUSTIN DIRECTOR 2.00 X 0 0 0 VICKI CRAVER DIRECTOR 2.00 X 0 0 0 PETER QUIMBY DIRECTOR 2.00 X 0 0 0 JANEL VERTZ FINANCE DIRECTOR 40.00 X 111904 0 10552 KEVIN JONES DIRECTOR OF COMMUNICATIONS 40.00 X 113239 0 13531 594942 0 56366 3 0 1 0 LEARNINGMATE SOLUTIONS INC 100 CANAL POINTE BLVD SUITE 123 PRINCETON NJ 08540 SOFTWARE ENGINEERING SERVICES 409072 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650 NORTH BETHESDA MD 20814 AUDITING AND TAX SERVICES 121420 2 12720529 29066 12720529 SPEAKING FEES 900099 110000 110000 110000 917791 917791 34384922 31531767 2853155 2853155 2853155 5045 5045 5045 16606520 110000 0 3775991 105752 105752 15801712 15801712 493477 156160 185750 151567 75751 75751 894629 69924 227742 596963 4461 4461 81476 39648 14987 26841 126007 3584 122423 291208 291208 96510 96510 263786 202076 61710 26753 3431 23322 60020 33920 19468 6632 109987 40916 69071 21354 20799 555 209880 105731 70119 34030 3019 879 1445 695 14698 12824 1874 105029 81696 23333 25839 336 25503 UNCOLLECTIBLE PLEDGE EX 142522 142522 DUES AND FEES 140489 1478 119965 19046 40894 40894 19135253 16797511 1359446 978296 1397654 13419108 623657 12462162 10591497 18973 332645 123000 60278 209645 18448811 36413418 49500 43820 0 45900306 47838217 95545 300296 3404955 587451 3500500 887747 X 35801025 29677143 6598781 17273327 42399806 46950470 45900306 47838217 X -2528733 89198 7352901 -362702 X 0 1 X 1 0 X 14328376 5066491 1916208 23133247 12720529 57164851 14328376 5066491 1916208 23133247 12720529 57164851 27493484 29671367 150686 332425 520591 426300 917791 2347793 28867 5045 33912 59546556 138767 0.49830 0.57700 X SCHEDULE A, PART II, COLUMNS (A) - (E): PER THE INSTRUCTIONS PUBLIC SUPPORT IS MEASURED USING A 5-YEAR COMPUTATION PERIOD THAT INCLUDES THE CURRENT AND FOUR PRIOR TAX YEARS (INCLUDING SHORT YEARS). THE ORGANIZATION HAD A SHORT YEAR IN 2023. THE BELOW CHART CLARIFIES THE INFORMATION REPRESENTED IN SCHEDULE A, PART II: COLUMN (A) - FISCAL YEAR ENDING 12/31/2021 COLUMN (B) - FISCAL YEAR ENDING 12/31/2022 COLUMN (C) - 6 MONTH PERIOD ENDING 6/30/2023 COLUMN (D) - FISCAL YEAR ENDING 6/30/2024 COLUMN (E) - FISCAL YEAR ENDING 6/30/2025 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18651183 2963711 21614894 16839923 1811260 18651183 15958876 881047 16839923 9278585 7981022 -1300731 15958876 7498506 694177 1085902 9278585 1.00000 0 0 332645 123000 209645 209645 INTERCOMPANY PAYABLE 587451 587451 16437056 89198 200550 -362702 -72954 16510010 96510 96510 16606520 19239293 200550 200550 19038743 96510 96510 19135253 PART V, LINE 4: THE INVESTMENT ASSETS ARE DIVIDED INTO TWO PORTFOLIOS: (I) LONG TERM PORTFOLIO TO ENSURE A SUSTAINABLE FUTURE FOR SOLA, WITH THE FUTURE AIM OF GENERATING INCOME TO SUPPORT THE EXPENSES OF THE SOLA MOVEMENT. (II) OPERATING RESERVE PORTFOLIO IS TO ENSURE THE AVAILABILITY OF FUNDS IN THE EVENT OF A SHORTFALL OF INCOME OR FOR UNPLANNED EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: TRANSLATION ADJUSTMENT -362,702. 1 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 15801712 0 0 0 0 0 0 15801712 0 15801712 SUB-SAHARAN AFRICA SECONDARY EDUCATION 15801712 WIRE 0 0 0 1 0 0 0 PART I, LINE 2: SOLA WORKS VERY CLOSELY WITH THE GRANT RECIPIENT AND PROVIDES FINANCE, ACCOUNTING AND OPERATIONAL OVERSIGHT FOR THE RECIPIENT. THE RECIPIENT PROVIDES MONTHLY SPENDING REPORTS AND PAYROLL DETAILS. PART I, LINE 3: THE ORGANIZATION TRACKED EXPENDITURES IN ACCORDANCE WITH ACCRUAL BASIS OF ACCOUNTING. 1 TUITION 14 59004 HEALTH INSURANCE 2 10748 STUDENT FINANCIAL SUPPORT 2 36000 PART I, LINE 2: SOLA WORKS VERY CLOSELY WITH THE GRANT RECIPIENTS AND PROVIDES FINANCE, ACCOUNTING AND OPERATIONAL OVERSIGHT FOR THE RECIPIENT. SOLA MAKES PAYMENTS DIRECTLY ON BEHALF OF THE RECIPIENTS AND CONDUCTS DUE DILIGENCE PRIOR TO MAKING ANY PAYMENTS. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 SHABANA BASIJ-RASIKH PRESIDENT & CO-FOUNDER 244799 0 75000 0 50000 0 11528 0 20755 0 402082 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS: A TAXABLE TRAVEL STIPEND OF $50,000 WAS APPROVED BY THE BOARD TO SUPPORT THE PRESIDENT'S ADDITIONAL EXPENSES INCURRED AS THE MOTHER OF A YOUNG CHILD, ENABLING HER TO CONTINUE TO TRAVEL EXTENSIVELY, AND HAVE EXTENDED OVERSEAS STAYS IN SERVICE OF SOLA AND ITS MISSION. HOUSING ALLOWANCE: PRESIDENT & CO-FOUNDER SHABANA BASIJ-RASIKH HAS USE OF A LOCAL APARTMENT IN RWANDA WHILE IN COUNTRY AND SERVING IN HER ROLE AS ORGANIZATION PRESIDENT. THIS BENEFIT IS NOT INCLUDED IN TAXABLE INCOME. PART I, LINE 7 NON-FIXED PAYMENTS IN THE FORM OF DISCRETIONARY BONUSES WERE REVIEWED BY THE COMPENSATION COMMITTE AND APPROVED BY THE BOARD OF DIRECTORS FOR THE ORGANIZATION'S PRESIDENT AND FINANCE DIRECTOR. THE DISCRETIONARY BONUS FOR THE PRESIDENT COVERED AN 18 MONTH PERIOD FOR THE STUB YEAR 1/1/23 - 6/30/23 AND FISCAL YEAR 2024 FROM 7/1/23 - 6/30/24 DUE TO THE FISCAL YEAR CHANGE FROM A CALENDAR YEAR TO AN ACADEMIC YEAR. THESE TWO DISCRETIONARY BONUSES WERE PAID IN EARLY FY 2025. FRESHTA BASIJ-RASIKH FAMILY MEMBER OF PRESIDENT & CO-FOUNDER SHABANA BASIJ-RASIKH 75751 EMPLOYEE COMPENSATION 0 X 208 FMV X 499 FMV X 1 5190 FMV X 5 2214 FMV X COMPUTERS 1 19980 FMV X INSTRUCTIONAL SUPPLIES 9 975 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 2 SHABANA BASIJ-RASIKH AND MATIULLAH AMIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT AND THE BOARD TREASURER. THE RETURN IS THEN PROVIDED TO THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND PROCEDURE, AS AUTHORIZED BY THE BOARD OF DIRECTORS, IS REVIEWED ANNUALLY WITH ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. IN THE EVENT OF A POTENTIAL CONFLICT OF INTEREST, THE PRESIDENT IS CONSULTED. SHE, IN TURN, MAY ELECT TO CONSULT WITH LEGAL COUNSEL, THE EXECUTIVE COMMITTEE, OR THE BOARD OF TRUSTEES, IN EXECUTIVE SESSION. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE COMPENSATION COMMITTEE REVIEWS AND BENCHMARKS THE PRESIDENT'S COMPENSATION WITH COMPARABLE ORGANIZATIONS AND MAKES A RECOMMENDATION TO THE BOARD FOR THEIR APPROVAL. THE DECISION MAKING AND APPROVAL PROCESS IS DOCUMENTED IN THE BOARD MINUTES. THE LAST COMPENSATION REVIEW TOOK PLACE IN SPRING 2025. LINE 15B: ALL OTHER EMPLOYEES GO THROUGH THE REGULAR COMPENSATION REVIEW AND APPROVAL PROCESS, HEADED BY THE HUMAN RESOURCES DEPARTMENT, INCLUDING PERFORMANCE REVIEWS AND BENCHMARKING WITH COMPARABLE ORGANIZATIONS. AFTER REVIEW, EMPLOYEE COMPENSATION IS PRESENTED TO THE BOARD WITH THE ANNUAL BUDGET AND APPROVED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSLATION ADJUSTMENT -362,702. FORM 990, PART XI, LINE 8 PRIOR PERIOD ADJUSTMENT MADE FOR NET ASSETS THAT WERE PREVIOUSLY REPORTED FOR THE RELATED ORGANIZATION THAT SHOULD HAVE BEEN INCLUDED WITH THE US ENTITY AND REPORTED ON THE 990. SOLA FOR AFGHAN GIRLS N/A KABUL AF SCHOOL FOR GIRLS IN KABUL AF SCHOOL OF LEADERSHIP-AFGHANISTAN INC 1 SCHOOL OF LEADERSHIP AFGHANISTAN (SOLA) RWANDA RWANDA RW EDUCATIONAL SUPPORT ACTIVITIES RW SOLA FOR AFGHAN GIRLS C 15606399 11717631 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 SCHOOL OF LEADERSHIP AFGHANISTAN (SOLA) B 15801712 COST