Friends Of Education Exchange Ltd
- Assets
- $204.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 10/2009
- Data as of
- 12/2022
- EIN
- 27-1164324
Organization Overview
Friends Of Education Exchange Ltd is located in Ann Arbor, MI. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Education Exchange Ltd 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 12/2022, Friends Of Education Exchange Ltd generated $168.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $126.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FEEL SUPPORTED STUDENTS FROM ASIA AT THE UNIVERSITY OF MICHIGAN, SUPPORT FOR PENRICKTON SCHOOL; U OF WASHINGTON SEATTLE; SUPPORT FOR EDUCATION EXCHANGE LTD. TOWSON U, U OF SOUTH AUSTRALIA, DISADV. STUDENT FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felicia Karnani MBA Trustee | 1 | $0 | |
Gunter Dufey PHD Trustee And Treasurer | 3 | $0 | |
Eun Ja Yu Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,926 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,503 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,429 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,600 |
| Professional fees and other payments to independent contractors | $26,025 |
| Occupancy, rent, utilities, and maintenance | $2,932 |
| Printing, publications, postage, and shipping | $24 |
| Other expenses | $3,395 |
| Total expenses | $126,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,141 |
| Other assets | $0 |
| Total assets | $204,141 |
| Total liabilities | $0 |
| Net assets or fund balances | $204,141 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Education Exchange Ltd has recieved totaling $160,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $160,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Akesis Health Inc Solon, OH | $4,557,086 | $3,131,670 |
Coar Peace Mission Wickliffe, OH | $943,239 | $817,257 |
Latvian 50 Year Occupation Museum Fund Support Group Chardon, OH | $7,057,151 | $675,248 |
U S Friends Of The Menachem Begin Heritage Foundation Inc Indianapolis, IN | $1,667,871 | $2,173,936 |
Hope Water International Rochester Hills, MI | $135,760 | $356,699 |
Mobility Ministries Inc Wheatfield, IN | $537,387 | $212,509 |
Rotary District 6400 Foundation Plymouth, MI | $81,074 | $143,359 |
Maya Indian Missions Inc Adrian, MI | $4,288,445 | $203,653 |
Friends Of Education Exchange Ltd Ann Arbor, MI | $204,141 | $0 |
Fred W Sanborn Trust Uw Toledo, OH | $1,075,164 | $98,090 |
Horace A Moses Trust Fbo American Foundation For The Overseas Blind Brooklyn, OH | $405,706 | $52,839 |
Paul Miserlian Foundation Of The Findlay Area Youth For Christ Findlay, OH | $348,071 | $14,324 |