AMERICAN INTERNATIONAL SCHOOL OF LAGOS

EIN: 852846654 501(c)(3) Education

ALEXANDRIA, VA

Total Revenue
$14,040,000
Total Expenses
$11,994,000
Total Assets
$73,460,000
Net Assets
$65,241,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Principal Officer
DAVID DAVIS
Phone
2348186632
Tax Period
2024-08-01 to 2025-07-31

AMERICAN INTERNATIONAL SCHOOL OF LAGOS, founded in 1965, is a mid-sized nonprofit in the Education sector that reported $14.0M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $12.0M left a modest 15% surplus.

Mission

AISL PROVIDES EXCEPTIONAL LEARNING EXPERIENCES WITHIN A GLOBAL COMMUNITY WHERE ALL VOICES COUNT. WE SPARK: THE INSPIRATION IN STUDENTS TO BE THE BEST VERSION OF THEMSELVES SO THAT THEY CAN JOYOUSLY SOAR ON THEIR OWN PATHS OF LEARNING, GROWING, LEADING, AND CONTRIBUTING AS WORLD CITIZENS..

Program Service Accomplishments

Program 1
Expenses: $7,539,000 Revenue: $13,316,000

TO PROVIDE A COMPREHENSIVE EDUCATIONAL PROGRAM WHICH WILL MEET THE NEED OF ITS PUPILS. ATTENTION WILL BE GIVEN TO PREPARING PUPILS FOR ADMISSION WHEN TRANSFER IS NECESSARY, TO THE COUNTERPART...

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TO PROVIDE A COMPREHENSIVE EDUCATIONAL PROGRAM WHICH WILL MEET THE NEED OF ITS PUPILS. ATTENTION WILL BE GIVEN TO PREPARING PUPILS FOR ADMISSION WHEN TRANSFER IS NECESSARY, TO THE COUNTERPART EDUCATIONAL INSTITUTIONS IN THE UNITED STATES OF AMERICA AND AT SUCH TIMES AS FACILITIES PERMIT PUPILS WILL BE PREPARED FOR TRANSFER TO COUNTERPART SCHOOLS IN NIGERIA AND OTHER COUNTRIES FROM WHICH THEY MAY COME.TO SERVE A FUNCTIONAL NEED BY PROVIDING EDUCATIONAL FACILITIES FOR CHILDREN OF AMERICAN OVERSEAS PERSONNEL, FOR NIGERIAN CHILDREN AND FOR CHILDREN OF VARIOUS EXPATRIATE GROUPS LIVING IN AND AROUND THE CITY OF LAGOS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $14,645,000
Investment Income $-605,000
Other Revenue $0
TOTAL REVENUE $14,040,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,472,000
Fundraising Expenses $0
Program Expenses $7,539,000
Other Expenses $2,522,000
TOTAL EXPENSES $11,994,000

Year-over-Year Comparison

2024 2023 Change
Revenue $14,040,000 $25,088,000 -0.4%
Expenses $11,994,000 $10,383,000 +0.2%
Net Income $2,046,000 $14,705,000 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SENAN NITIN PRESIDENT 5.00
Director
$0 $0 $0
ALI SAFIEDDINE VICE PRESIDENT 5.00
Director
$0 $0 $0
ANUJA VERMA MEHTA SECRETARY 5.00
Director
$0 $0 $0
DAVID DAVIS APP 17 JAN 25 TREASURER 5.00
Director
$0 $0 $0
YISCHAI BEINISCH DIRECTOR 2.00
Director
$0 $0 $0
ABBIE SPENGLAR RES 10 APR 25 DIRECTOR 2.00
Director
$0 $0 $0
BEN MEYER RES 04 FEB 25 DIRECTOR 2.00
Director
$0 $0 $0
NGOZI COKER DIRECTOR 2.00
Director
$0 $0 $0
NADA MATNI BEYLOUNY DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER JABLONSKI APP 04 FEB 25 DIRECTOR 2.00
Director
$0 $0 $0
BENJAMIN BANDOH APP 10 APR 25 DIRECTOR 2.00
Director
$0 $0 $0
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 $14,040,000 $11,994,000 $73,460,000 $2,046,000
2024 $25,088,000 $10,383,000 $71,173,000 $14,705,000
2023 $27,076,000 $12,628,000 $70,947,000 $14,448,000
2022 $15,471,000 $11,569,000 $73,806,000 $3,902,000
2021 $29,967,000 $14,624,000 $68,379,000 $15,343,000
2020 $27,020,000 $23,506,000 $68,153,000 $3,514,000
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