Intercultural Friends Foundation Inc
- Assets
- $12.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Severna Park, MD
- Founding
- 07/1999
- Data as of
- 10/2019
- EIN
- 52-2132322
Organization Overview
Intercultural Friends Foundation Inc is located in Severna Park, MD. The organization was established in 1999. 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. Intercultural Friends Foundation 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 10/2019, Intercultural Friends Foundation Inc generated $49.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $58.1k during the year ending 10/2019. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
INTERCULTURAL FRIENDS FOUNDATION, INC. PROVIDES INTERNATIONAL EXCHANGE PROGRAMS FOR STUDENTS. THESE EXCHANGE PROGRAMS ALLOW STUDENTS TO TRAVEL FROM THEIR NATIVE COUNTRIES TO THE UNITED STATES FOR AN EDUCATIONAL CULTURAL EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Rheinstein Vice Preside | 1 | $0 | |
Miriam Rheinstein President | 40 | $62,000 | |
David Wiseman Secretary/tr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $49,140 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9 |
| Total Revenue | $49,149 |
| Statement of Expenses | |
|---|---|
| Total expenses | $58,082 |
| Balance Sheet | |
|---|---|
| Total assets | $12,746 |
| Total liabilities | $10,000 |
| Net assets or fund balances | $2,746 |