Real Colegio Complutense Inc
- Assets
- $3.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 07/1993
- Data as of
- 12/2021
- EIN
- 04-3134531
Organization Overview
Real Colegio Complutense Inc is located in Cambridge, MA. The organization was established in 1993. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Colegio Complutense Inc 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 12/2021, Real Colegio Complutense Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $844.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RCC FELLOWSHIPS TO FACULTY AND STUDENTS FROM SPAIN TO STUDY IN THEIR FIELDS PRIMARILY AT HARVARD UNVERSITY-
FOR GRADUATE STUDENT PROGRAMS AND SPECIAL COURSES AN APPLICATION LETTER INCLUDING A RESUME A DECLARATION OF FINANCIAL NEEDS AND LETTERS OF RECOMMENDATION
FOR RESEARCH PROGRAMS ALL OF THE ABOVE PLUS A SPECIFIC RESEARCH PROJECT DESCRIPTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Kennedy Treasurer | 30 | $0 | |
Joaquin Goyache President | 20 | $0 | |
Margot Gill Clerk | 10 | $0 | |
Daniel Sanchez Mata Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,319,455 |
| Interest on Savings | $220 |
| Dividends & Interest | $0 |
| 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 | $300 |
| Total Revenue | $1,319,975 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,279 |
| Depreciation | $40,411 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,165 |
| Printing and publications | $0 |
| Other expenses | $143,534 |
| Total operating and administrative expenses | $291,389 |
| Contributions, gifts, grants paid | $553,145 |
| Total expenses and disbursements | $844,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,254,353 |
| Savings and temporary cash investments | $565,228 |
| Net Accounts receivable | $0 |
| 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 | $681,793 |
| Other assets | $3,104 |
| Total assets | $3,504,478 |
| Accounts payable and accrued expenses | $10,087 |
| 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 | $0 |
| Total liabilities | $10,087 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Education Services Inc New York, NY | $221,911,530 | $107,632,026 |
Afs-Usa Inc New York, NY | $16,942,442 | $16,772,784 |
American Academy In Rome New York, NY | $156,286,917 | $13,968,918 |
Alexander Muss Institute For Israel Education Inc Rockville Centre, NY | $21,964,723 | $9,700,291 |
Onward Israel Usa Inc New York, NY | $2,215,370 | $5,939,234 |
Showa Boston Institute For Language And Culture Jamaica Plain, MA | $39,110,971 | $10,562,824 |
Afs Intercultural Programs Inc New York, NY | $14,241,646 | $12,687,356 |
Egyptian-American Enterprise Fund New York, NY | $169,845,703 | $41,150,119 |
International Student Exchange Inc Bay Shore, NY | $14,840,965 | $6,979,556 |
Insead North America Inc Valhalla, NY | $10,753,709 | $6,277,643 |
Program Of Academic Exchange Port Chester, NY | $4,242,998 | $6,723,504 |
School Year Abroad Inc North Andover, MA | $31,777,579 | $4,148,421 |