International Cultural Exchange Services Inc
- Assets
- $6.1m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 56
- Location
- Henderson, NV
- Founding
- 10/1992
- Data as of
- 12/2020
- EIN
- 58-1969412
Organization Overview
International Cultural Exchange Services Inc is located in Henderson, NV. The organization was established in 1992. 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. As of 12/2021, International Cultural Exchange Services Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Cultural Exchange Services 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 12/2020, International Cultural Exchange Services Inc generated $6.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $7.0m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SCREEN AND PLACE INTERNATIONAL STUDENTS W/ HOST FAMILIES; PROVIDE SUPPORT SERVICES WHILE IN SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCCESSFULLY PLACED 1700 FOREIGN STUDENTS WITH RESPECTIVE HOST FAMILIES AND SCHOOLS IN CALENDAR YEAR 2021. STUDENTS WERE EVALUATED, SCREENED AND MATCHED ACCORDING TO PROFILES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luiz P Marzullo Cfo/director | Officer | 40 | $309,386 |
John Crist President | Officer | 60 | $224,386 |
Andrea L Lundin Regional Director | 40 | $133,067 | |
Judy Scott National Placement Directo | 40 | $109,944 | |
Trena Jones Director | Trustee | 0 | $0 |
James Crist Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $2,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $175 |
| 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 | $6,192,955 |
| Statement of Expenses | |
|---|---|
| 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. | $224,709 |
| Compensation to disqualified persons | $2,310,347 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $258,118 |
| Payroll taxes | $184,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,387 |
| Fees for services: Accounting | $84,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $109,529 |
| Office expenses | $77,752 |
| Information technology | $89,513 |
| Royalties | $0 |
| Occupancy | $144,339 |
| Travel | $95,253 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,017 |
| Interest | $104 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,784 |
| Insurance | $31,377 |
| All other expenses | $0 |
| Total functional expenses | $7,013,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,431,861 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $3,130 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $76,499 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $238,600 |
| Total assets | $6,059,085 |
| Accounts payable and accrued expenses | $9,281 |
| 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 | $715,202 |
| Total liabilities | $724,483 |
| 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 |
| Total liabilities and net assets/fund balances | $5,334,602 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asse International Inc Laguna Beach, CA | $13,307,680 | $11,394,150 |
Cultural Homestay International San Rafael, CA | $8,209,309 | $6,578,912 |
Tsinghua Education Foundation N A Inc Milpitas, CA | $116,655,625 | $26,673,900 |
International Cultural Exchange Services Inc Henderson, NV | $6,059,085 | $6,192,955 |
Students International Visalia, CA | $3,803,610 | $5,517,507 |
Global Citizen Year Incorporated Oakland, CA | $3,142,246 | $4,153,103 |
Ayusa International San Francisco, CA | $2,562,427 | $4,128,665 |
Education Travel & Culture Inc Portland, OR | $4,814,331 | $3,413,705 |
Sts Foundation Laguna Beach, CA | $573,475 | $1,659,006 |
International Cultural Exchange Organization Inc Folsom, CA | $3,995,033 | $1,863,146 |
Institute Of Global Exchange Inc Torrance, CA | $451,533 | $1,176,091 |
Amity Institute Ltd San Diego, CA | $1,222,471 | $682,814 |