International Road Educational Foundation
- Assets
- $1.5m
- Revenue
- $71.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 12/1957
- Data as of
- 12/2022
- EIN
- 52-0793883
Organization Overview
International Road Educational Foundation is located in Alexandria, VA. The organization was established in 1957. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Road Educational Foundation 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, International Road Educational Foundation generated $71.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $132.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, International Road Educational Foundation has awarded 173 individual grants totaling $411,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SUPPORT - PROVIDES EDUCATIONAL SPONSORSHIP IN THE FORM OF ONE TIME GRANTS TO STUDENTS PURSUING CAREERS IN ROAD AND HIGHWAY STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kamil Kaloush Char | 5 | $0 | |
Sofia Berger Vice Chair | 5 | $0 | |
Omar Smadi Treasurer | 5 | $0 | |
C Patrick Sankey President / CEO / Secretary | 5 | $0 | |
Abdullah A Al-Mogbel Immediate Past Chair | 5 | $0 | |
William Sowell Irf Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $41,095 |
| Interest on Savings | $14 |
| Dividends & Interest | $41,267 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,479 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,897 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $55,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,834 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,257 |
| Total operating and administrative expenses | $95,013 |
| Contributions, gifts, grants paid | $37,250 |
| Total expenses and disbursements | $132,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,709 |
| Savings and temporary cash investments | $144,653 |
| 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 | $653,685 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,463,292 |
| Accounts payable and accrued expenses | $0 |
| 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 | $445,066 |
| Total liabilities | $445,066 |
Grants Awarded
Over the last fiscal year, International Road Educational Foundation has awarded $37,250 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
KEIJIRO TSURUKAWA PURPOSE: FELLOWSHIP | $8,000 |
RYUTARO UCHINO PURPOSE: FELLOWSHIP | $7,500 |
HOSEB ABKARIAN PURPOSE: SHEA | $750 |
JUNICHI KAWAHARA PURPOSE: FELLOWSHIP | $15,000 |
SAMUEL CASTRO PURPOSE: EXECUTIVE LEADERSHIP | $1,000 |
BORTIORKOR NII TSUI PURPOSE: EXECUTIVE LEADERSHIP | $1,000 |