Rotary Youth Exchange Florida Inc
- Assets
- $160.0k
- Revenue
- $25.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Tamarac, FL
- Founding
- 08/2006
- Data as of
- 06/2022
- EIN
- 20-3739044
Organization Overview
Rotary Youth Exchange Florida Inc is located in Tamarac, FL. The organization was established in 2006. 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. Rotary Youth Exchange Florida 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 06/2022, Rotary Youth Exchange Florida Inc generated $25.1k 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 (32.2%) each year. All expenses for the organization totaled $24.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (31.7%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR MISSION STATEMENTPROMOTE AN EXCHANGE OF HIGH SCHOOL AGE STUDENTS FOR A YEAR'S STUDY ABROAD, PROMOTING CULTURAL UNDERSTANDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THIS PROGRAM, YOUTH FROM AROUND THE WORLD ARE EXPOSED TO THE AMERICAN CULTURE, PROMOTING WORLDWIDE PEACE AND UNDERSTANDING. FOR THE SCHOOL YEAR ENDED JUNE 30, 2022, THE ORGANIZATION DID NOT HOST ANY INBOUND FOREIGN STUDENTS DUE TO THE PRIOR YEAR SUSPENSION OF THE PROGRAM DUE TO THE COVID-19 PANDEMIC BY ROTARY INTERNATIONAL. DURING THE SUSPENSION OF ITS INBOUND PROGRAM, THE ORGANIZATION STILL REMAINED OPERATIONAL AND MAINTAINED ITS RESPECTIVE AFFILIATIONS AND RELATIONSHIPS TO SUPPORT FUTURE EXCHANGE PROGRAMS. PLANS ARE IN PLACE TO BEGIN ACCEPTING FOREIGN STUDENTS WITH THE FALL 2022 SCHOOL YEAR. DURING THE CURRENT FISCAL YEAR, THE ORGANIZATON COLLECTED FUNDS FROM ITS MEMBER DISTRICTS TO FUND OPERATIONS AND TO FUND INBOUND STUDENTS FOR THE FALL 2022 SCHOOL YEAR.
THROUGH THIS PROGRAM, AMERICAN STUDENTS SPEND THE SCHOOL YEAR ABROAD AS EXCHANGE STUDENTS IN OTHER COUNTRIES. FOR THE SCHOOL YEAR ENDED JUNE 30, 2022, THE ORGANIZATION DID NOT SEND ANY STUDENTS ABROAD DUE TO ROTARY INTERNATIONAL'S SUSPENSION OF THE EXCHANGE PROGRAM DUE TO THE COVID-19 PANDEMIC. DURING THE SUSPENSION OF ITS OUTBOUND PROGRAM, THE ORGANIZATION STILL REMAINED OPERATIONAL AND MAINTAINED ITS RESPECTIVE AFFILIATIONS AND RELATIONSHIPS TO SUPPORT FUTURE EXCHANGE PROGRAMS. THE ORGANIZATION INCURRED EXPENSES IN THE CURRENT YEAR AND COLLECTED REVENUES FROM STUDENTS THAT WILL PARTICPATE IN THE OUTBOUND PROGRAM BEGIINING WITH THE FALL 2022 SCHOOL YEAR.
THIS PROGRAM SPONSORS AMERICAN STUDENTS ON SHORT-TERM EXCHANGES TO OTHER COUNTRIES. FOR THE SCHOOL YEAR ENDED JUNE 30, 2022, DUE TO THE COVID-19 PANDEMIC, ROTARY INTERNATIONAL SUSPENDED ALL YOUTH EXCHANGE PROGRAMS AND RELATED TRAVEL FOR THE SAFETY OF THE STUDENTS AND HOST FAMILIES. THE ORGANIZATION STILL REMAINED OPERATIONAL AND MAINTAINED ITS RESPECTIVE AFFILIATIONS AND RELATIONSHIPS TO SUPPORT FUTURE EXCHANGE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Miller Secretary | Officer | 2 | $0 |
David Mountford Chairman | Officer | 20 | $0 |
Ed Turschman Director | Trustee | 10 | $0 |
David Pienta Director | Trustee | 10 | $0 |
Cassandra Moyers Director | Trustee | 10 | $0 |
Michael Parks Director | Trustee | 10 | $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 | $250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $24,884 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,884 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $24,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,635 |
| Savings and temporary cash investments | $100,020 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $330 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $159,985 |
| Accounts payable and accrued expenses | $188 |
| Grants payable | $0 |
| Deferred revenue | $750 |
| 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 | $26,741 |
| Total liabilities | $27,679 |
| Net assets without donor restrictions | $126,700 |
| Net assets with donor restrictions | $5,606 |
| 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 | $159,985 |
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American Friends Of Livnot Ulehiba Boca Raton, FL | $133,702 | $403,496 |
Honey Shine Inc Miami, FL | $295,087 | $282,139 |
Global Insights Inc Marietta, GA | $79,507 | $95,186 |
Mission To Japan Inc Kissimmee, FL | $104,700 | $0 |
Jewish Leadership Institute Inc Miami Beach, FL | $21,471 | $102,268 |
Rotary Youth Exchange Florida Inc Tamarac, FL | $159,985 | $25,144 |
Tsrs Sarvail Alumni Association Inc Windermere, FL | $22,314 | $0 |
Ventures International Association Inc Saint Petersburg, FL | $0 | $0 |