Us-Central Asia Education Foundation
- Assets
- $728.6k
- Revenue
- $33.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/2007
- Data as of
- 09/2023
- EIN
- 01-0896501
Organization Overview
Us-Central Asia Education Foundation is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Us-Central Asia Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Us-Central Asia Education Foundation generated $33.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $181.1k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (26.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENTERPRISE INTERN FELLOWSHIPS - A PROGRAM TO PROVIDE ENTERPRISE STUDENT FELLOWS WITH THE OPPORTUNITY TO GAIN VALUABLE WORK EXPERIENCE WITHIN CENTRAL ASIA - AS WELL AS VOCATIONAL, EDUCATIONAL AND CULTURAL EXPERIENCE IN THE U.S. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2023, THE ORGANIZATION OFFERRED A REGIONAL INTERNSHIP PROGRAM FOR NINE SOPHOMORE FELLOWS SPONSORED BY THE U.S. DEPARTMENT OFSTATE("DOS"). THE MAJOR PORTION($11,278) OF THE EXPENSES FOR THESE INTERNSHIPS WAS PAID IN THE YEAR ENDED SEPTEMBER 30, 2022. FINAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2023 WERE $2,965. THE U.S. FALL PROGRAM HOSTED SEVEN FELLOWS FOR THE YEAR ENDED SEPTEMBER 30, 2023. THIS WAS THE LAST YEAR FOR THE U.S. INTERNSHIPS, AS THE ORGANIZATION'S FINAL CLASS GRADUATED IN THE FISCAL YEAR ENDED SEPTEMBER 30, 2022. THE MAJOR PORTION OF EXPENSES FOR THIS PROGRAM(188,423) WAS PAID IN THE YEAR ENDED SEPTEMBER 30, 2022. THE FINAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2023 WERE $6,569.
ALUMNI AFFAIRS - AS PART OF ITS COMMITMENT TO ITS GRADUATES , US-CAEF SUPPORTS ITS ALUMNI THROUGH EVENTS, SEMINARS AND NEWSLETTERS. FOR THE YEAR ENDED SEPTEMBER 30, 2023, THE FOUNDATION CO-SPONSORED THE SECOND REGIONAL ALUMNI CONFERENCE HELD IN BISHKEK, KYRGYZSTAN. A TOTAL OF EIGHTY-SIX ALUMNI ATTENDED THE CONFERENCE HALF OF WHICH KYRGYZSTAN. A TOTAL OF EIGHTY-SIX ALUMNI ATTENDED THE CONFERENCE HALF OF WHICH WERE FUNDED BY THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret M Grieve Chairman | 2 | $0 | |
Alan Brumberger Vice Chair | 1 | $0 | |
Mary Ginsberg President And CEO | 1 | $0 | |
Holly Burns Assistant Treasurer | 1 | $18,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,088 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,911 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $430 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $98,089 |
| Total operating and administrative expenses | $121,833 |
| Contributions, gifts, grants paid | $59,255 |
| Total expenses and disbursements | $181,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,873 |
| Savings and temporary cash investments | $662,486 |
| Net Accounts receivable | $47,999 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,278 |
| Total assets | $728,636 |
| Accounts payable and accrued expenses | $24,609 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $430 |
| Total liabilities | $25,039 |