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Top Rated

Central Asia Institute

CharityWatch report issued
November 2018

Top-Rated Charity
CharityWatch Grade
Our independent grade based
on a number of factors.
Program Percentage
Amount spent on programs
relative to overhead.
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Central Asia Institute
PO Box 7209
Bozeman, MT 59771

Other Names


Tax Status


Stated Mission

To empower communities of Central Asia through literacy and education, especially for girls; to promote peace through education; and to convey the importance of these activities globally.

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Data based on Fiscal Year Ended 09/30/2017

Program Percentage: 77%

The percentage of Central Asia Institute's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).


Calculated Total Expenses



Cost to Raise $100: $8

How many dollars Central Asia Institute spends on fundraising to raise each $100 of contributions.


Calculated Total Contributions


Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources


Financial Documents

Entity Document Type Tax ID
Central Asia Institute IRS Form 990 51-0376237
Central Asia Institute Audited Financial Statements 51-0376237
Entity: Central Asia Institute
Document Type: IRS Form 990
Tax ID: 51-0376237
Entity: Central Asia Institute
Document Type: Audited Financial Statements
Tax ID: 51-0376237

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
Central Asia Institute
meets governance benchmarks.
Central Asia Institute
meets transparency benchmarks.
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-In Policy  

  Name Title Compensation
1 Jim Thaden Executive Director $172,688
2 Jennifer Sipes Operations Director $103,616
Name: Jim Thaden
Title: Executive Director
Compensation: $172,688
Name: Jennifer Sipes
Title: Operations Director
Compensation: $103,616

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
According to the Central Asia Institute audit of September 30, 2017 (Note 13, Concentrations):

"One of the Organization's donors accounted for approximately 51% and 32% of total contributions for the years ended September 30, 2017 and 2016, respectively."
According to the Central Asia Institute audit of September 30, 2017 (Note 12, Commitments):

"During the year ended September 30, 2016, the Organization entered into an agreement with a third party for consulting services. As of September 30, 2017, $218,000 remained committed, but not paid."
According to the Central Asia Institute (CAI) tax filing for the fiscal year-ended September 30, 2017, CAI reports receiving in-kind donated services and use of facilities on which it placed a value of $497,769 in fiscal 2017 (IRS Form 990, Schedule D, Part XI).

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]
According to the Central Asia Institute (CAI) tax filing for the fiscal year-ended September 30, 2016, CAI co-founder, Greg Mortenson, received severance pay in the amount of $40,000 during the 2015 calendar year. His total compensation in 2015 is reported as $231,748, including the severance pay (IRS Form 990, Schedule J, Parts II & III).

Additionally, Greg Mortenson is reported as CAI's "Highest compensated employee" in 2015. Mr. Mortenson was employed at CAI through January of 2016, which represented approximately four months of CAI's October 1, 2015 - September 30, 2016 fiscal year period (IRS Form 990, Part VII).*

* NOTE: For more related to Greg Mortenson's tenure at Central Asia Institute and CharityWatch's past concerns regarding Mr. Mortenson and CAI, please click on the "Articles & Alerts" tab (above).

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