Princeton In Asia Inc
- Assets
- $10.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 8
- Location
- Princeton, NJ
- Founding
- 02/1963
- Data as of
- 06/2021
- EIN
- 13-6163215
Organization Overview
Princeton In Asia Inc is located in Princeton, NJ. The organization was established in 1963. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, Princeton In Asia Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton In Asia 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 06/2021, Princeton In Asia Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $761.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRINCETON IN ASIA FOSTERS MUTUAL APPRECIATION AND CROSS-CULTURAL UNDERSTANDING BETWEEN THE UNITED STATES AND ASIA THROUGH IMMERSIVE WORK FELLOWSHIPS IN HOST ORGANIZATIONS AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING IMMERSIVE WORK FELLOWSHIPS FOR COLLEGE GRADUATES TO FACILITATE MUTUAL APPRECIATION AND CROSS-CULTURAL UNDERSTANDING BETWEEN THE UNITED STATES AND ASIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mb Dillon Executive Di | Officer | 40 | $147,500 |
Elizabeth Chandler Vice Chair | OfficerTrustee | 3 | $0 |
Sharon Volckhausen Chair | OfficerTrustee | 3 | $0 |
Jonathan Wonnell Treasurer | OfficerTrustee | 3 | $0 |
John Evans Trustee | Trustee | 3 | $0 |
Mariesa Lea Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,339,185 |
| Noncash contributions included in lines 1a–1f | $647,854 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,339,185 |
| Total Program Service Revenue | $12,486 |
| Investment income | $148,063 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $185,911 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,692,892 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,350 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,060 |
| Compensation of current officers, directors, key employees. | $52,820 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,876 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,958 |
| Payroll taxes | $30,811 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,304 |
| Fees for services: Accounting | $36,674 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,500 |
| Advertising and promotion | $0 |
| Office expenses | $20,093 |
| Information technology | $13,500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $97 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,396 |
| All other expenses | $17,297 |
| Total functional expenses | $761,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,016,031 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,595 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,848,681 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,423 |
| Total assets | $10,942,730 |
| Accounts payable and accrued expenses | $19,315 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,315 |
| Net assets without donor restrictions | $9,935,288 |
| Net assets with donor restrictions | $988,127 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,942,730 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Princeton In Asia Inc has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Cox Family Charitable Foundation Ketchum, ID PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION | $4,000 |
Endowment Analysis
| Beg. Balance | $807,717 |
| Earnings | $175,460 |
| Net Contributions | $13,450 |
| Other Expense | $8,500 |
| Ending Balance | $988,127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Committee For The Weizmann Institute Of Science Inc New York, NY | $998,462,000 | $135,716,000 |
American Friends Of The Hebrew University Inc New York, NY | $772,129,551 | $142,838,481 |
Cambridge In America New York, NY | $39,696,080 | $66,388,937 |
American Friends Of Magen David Adom New York, NY | $63,791,324 | $47,704,014 |
American Friends Of The Tel Aviv University Inc New York, NY | $102,815,581 | $23,256,037 |
American Committee For Shaare Zedek New York, NY | $30,081,200 | $42,143,633 |
The Shalom Hartman Institute Of North America New York, NY | $33,744,747 | $19,450,722 |
American Friends Of I D C New York, NY | $14,623,044 | $14,040,962 |
Western Wall Heritage Foundation Inc New York, NY | $25,127,804 | $7,810,412 |
American Academy In Berlin New York, NY | $65,074,118 | $12,729,406 |
Pardes Institute Of Jewish Studies North America Inc New York, NY | $14,479,491 | $5,447,773 |
American Friends Of Israel Organizations Inc Brooklyn, NY | $35,926 | $5,743,615 |