Cultural Exchange Network Inc
- Assets
- $2.3m
- Revenue
- $754.1k
- Investments
- $0.0
- Employees
- 19
- Location
- Cape Girardeau, MO
- Founding
- 11/1996
- Data as of
- 12/2021
- EIN
- 43-1743027
Organization Overview
Cultural Exchange Network Inc is located in Cape Girardeau, MO. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Cultural Exchange Network Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultural Exchange Network 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, Cultural Exchange Network Inc generated $754.1k 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 (6.8%) each year. All expenses for the organization totaled $859.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL STUDENTS AND BUSINESS PROFESSIONALS HAVE THE OPPORTUNITY TO WORK, STUDY, OR TRAVEL IN THE UNITED STATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL TRAINING PROGRAM FOR BUSINESS PROFEESIONALS - PLANS AN OPPORTUNITY FOR BUSINESS PERSONS FROM ABROAD TO WORK IN THE U.S.
MAGELLAN EXCHANGE - PLANS WERE DEVELOPED WITH EUROPEAN AND U.S. INSTITUTIONS TO ALLOW STUDENTS FROM THOSE INSTITUTIONS TO STUDY AT PARTNER INSTITUTIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robyn Walker Executive Director | Officer | 40 | $73,550 |
Margaret Needels Board Member | OfficerTrustee | 20 | $36,519 |
Paul Sander Board Member | OfficerTrustee | 20 | $36,167 |
Dwain Hahs Board Member | Trustee | 0 | $4,024 |
Odie Lingle Board Member | Trustee | 0 | $4,024 |
Jeff Baer Board Member | Trustee | 0 | $4,024 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $702,461 |
| Investment income | $32,500 |
| 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 | $754,132 |
| 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. | $144,398 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $280,495 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,124 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,762 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,389 |
| Advertising and promotion | $0 |
| Office expenses | $3,090 |
| Information technology | $38,940 |
| Royalties | $0 |
| Occupancy | $33,007 |
| Travel | $25,315 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,624 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,370 |
| All other expenses | $119,495 |
| Total functional expenses | $859,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,538 |
| Savings and temporary cash investments | $285,513 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,791 |
| 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 | $17,692 |
| Net Land, buildings, and equipment | $15,484 |
| Investments—publicly traded securities | $1,723,238 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $29,238 |
| Other assets | $116,630 |
| Total assets | $2,329,124 |
| Accounts payable and accrued expenses | $242,106 |
| 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 | $242,106 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $2,087,018 |
| Total liabilities and net assets/fund balances | $2,329,124 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cultural Exchange Network Inc has recieved totaling $15.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater St Louis Inc Saint Louis, MO | $114,175,989 | $83,585,264 |
Nebraska Children And Families Foundation Lincoln, NE | $60,865,953 | $72,528,420 |
United Way Of Metropolitan Chicago Inc Chicago, IL | $58,068,035 | $46,184,540 |
Peter Kiewit Foundation Omaha, NE | $431,803,629 | $21,833,373 |
United Way Of The Midlands Omaha, NE | $22,649,944 | $36,718,233 |
Worldwide Inventory Network Inc St Louis, MO | $154,273,003 | $31,738,147 |
United Way Of Middle Tennessee Inc Nashville, TN | $71,875,939 | $59,642,100 |
United Way Of Greater Kansas City Inc Kansas City, MO | $27,299,107 | $44,015,637 |
Metro United Way Inc Louisville, KY | $52,656,581 | $25,773,108 |
Jewish Federation Of Omaha Inc Omaha, NE | $53,867,184 | $39,560,353 |
United Way Of Central Iowa Des Moines, IA | $37,480,917 | $26,442,012 |
Tulsa Area United Way Tulsa, OK | $38,352,626 | $26,094,881 |