AMERICARES FOUNDATION INC

EIN: 061008595 501(c)(3) International Affairs

STAMFORD, CT

Total Revenue
$1,560,789,806
Total Expenses
$1,512,856,382
Total Assets
$380,165,817
Net Assets
$361,175,822
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
CT
Principal Officer
CHRISTINE SQUIRES
Phone
2036589500
Tax Period
2022-07-01 to 2023-06-30

AMERICARES FOUNDATION INC, founded in 1979, is a large national nonprofit in the International Affairs sector that reported $1.6B in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.5B left a modest 3% surplus.

Mission

AMERICARES IS A HEALTH-FOCUSED RELIEF & DEVELOPMENT ORGANIZATION. (SEE SCHEDULE O).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,558,728,826
Program Service Revenue $1,109,523
Investment Income $1,569,309
Other Revenue $-617,852
TOTAL REVENUE $1,560,789,806

Expense Breakdown

Grants Paid $1,418,749,740
Salaries & Benefits $40,918,002
Fundraising Expenses $17,958,803
Program Expenses $1,481,556,668
Other Expenses $51,893,269
TOTAL EXPENSES $1,512,856,382

Year-over-Year Comparison

2022 2021 Change
Revenue $1,560,789,806 $1,371,372,637 +0.1%
Expenses $1,512,856,382 $1,410,988,353 +0.1%
Net Income $47,933,424 $-39,615,716 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
22
Employees
265
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
15
$3,457,713
Total Directors
24
$611,776
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE SQUIRES PRESIDENT/CEO 40.00
Officer Director
$550,579 $61,197 $611,776
SUSAN GROSSMAN CHAIR OF THE BOARD 1.00
Officer Director
$0 $0 $0
JEFFREY T BECKER VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
PERCIVAL BARRETTO-KO DIRECTOR 1.00
Director
$0 $0 $0
ROBERT M BAYLIS DIRECTOR 1.00
Director
$0 $0 $0
TIM BOSEK DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE CLOSE MD DIRECTOR 1.00
Director
$0 $0 $0
ROBERTA CONROY DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH F FRANK DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN GALLUCCI DIRECTOR 1.00
Director
$0 $0 $0
TONY GOLDWYN DIRECTOR 1.00
Director
$0 $0 $0
ERICA HILL DIRECTOR 1.00
Director
$0 $0 $0
SAMHITA A PJAYANTI DIRECTOR 1.00
Director
$0 $0 $0
FRANCINE KATSOUDAS DIRECTOR (THRU 03/2023) 1.00
Director
$0 $0 $0
MEHDI MAHMUD DIRECTOR 1.00
Director
$0 $0 $0
ALAN RWAMBUYA DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN SADOVE DIRECTOR 1.00
Director
$0 $0 $0
SARAH SAINT-AMAND DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL ULLMANN DIRECTOR, SECRETARY 1.00
Officer Director
$0 $0 $0
NADJA WEST DIRECTOR 1.00
Director
$0 $0 $0
KENNEDY ODEDE DIRECTOR 1.00
Director
$0 $0 $0
WALTER WEIL DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE A WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
MARTI NOXON DIRECTOR (AS OF 05/2023) 1.00
Director
$0 $0 $0
RICHARD K TROWBRIDGE JR CFO, TREASURER, SVP, GIK OPERATIONS 40.00
Officer
$293,317 $59,082 $352,399
JED SELKOWITZ SVP & CH. MKTG. OFF. (THRU 08/2022) 40.00
Officer
$280,588 $12,179 $292,767
JENNY GOLDSTEIN SVP & CHIEF DEVELOPMENT OFFICER 40.00
Officer
$285,394 $57,947 $343,341
MEGIN WOLFMAN SVP, STRATEGY & COS 40.00
Officer
$247,070 $55,488 $302,558
M RASHAD MASSOUD MDMPHFACP SENIOR VP, CPO (THRU 08/2022) 40.00
Officer
$292,820 $14,653 $307,473
MONICA BARBER GENERAL COUNSEL (AS OF 05/2023) 40.00
Officer
$0 $0 $0
GABRIELA SALVADOR MD MPH SVP, GL OPERATIONS (THRU 08/2022) 40.00
Officer
$234,536 $10,787 $245,323
ELANA LOPEZ CHIEF PEOPLE OFFICER 40.00
Officer
$295,363 $58,619 $353,982
MATT MOSNER GEN. COUNS. (THRU 12/2022) 40.00
Officer
$243,100 $43,915 $287,015
JULIE VARUGHESE CHIEF MEDICAL OFFICER 40.00
Officer
$236,937 $12,515 $249,452
JENNIFER M NAUMANN ASSISTANT SECRETARY 40.00
Officer
$86,088 $25,539 $111,627
VISHESH JAIN DEPUTY SVP, IT AND FACILITIES 40.00
Highest
$237,143 $13,702 $250,845
JOAN LITTLEFIELD DEPUTY SR VP, GLOBAL PROGRAMS 40.00
Highest
$216,987 $39,114 $256,101
YAEL GOTTLIEB DEPUTY SR VP, INDIVI. PHILANTHROPY 40.00
Highest
$206,852 $47,006 $253,858
LYNEISHA VAUGH-PEREZ VP, FINANCE, PLANNING & GRANTS 40.00
Highest
$191,157 $13,046 $204,203
DONNA LUCAS VP, MARKETING AND COMMUNICATIONS 40.00
Highest
$187,365 $51,808 $239,173
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,560,789,806 $1,512,856,382 $380,165,817 $47,933,424
2023 $1,560,789,806 $1,512,856,382 $380,165,817 $47,933,424
2022 $1,371,372,637 $1,410,988,353 $331,108,609 $-39,615,716
2022 $1,371,372,637 $1,410,988,353 $331,108,609 $-39,615,716
2021 $1,234,128,312 $1,283,525,179 $380,390,119 $-49,396,867
2021 $1,237,811,596 $1,283,525,179 $380,390,119 $-45,713,583
2020 $1,440,750,357 $1,247,997,037 $421,824,159 $192,753,320
2019 $976,347,900 $1,077,689,775 $226,198,365 $-101,341,875
2018 $1,044,709,662 $1,325,483,294 $327,273,603 $-280,773,632
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