International First Committee Association
- Assets
- $2.3m
- Revenue
- $919.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Manchester, NH
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-1060352
Organization Overview
International First Committee Association is located in Manchester, NH. The organization was established in 2016. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 12/2021, International First Committee Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International First Committee Association 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, International First Committee Association generated $919.6k 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 (5.4%) each year. All expenses for the organization totaled $866.8k during the year ending 12/2021. 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 FIRST COMMITTEE ASSOCIATION, HOLDING COMPETITIONS AS FIRST GLOBAL , IS A NON-PROFIT ORGANIZATION ESTABLISHED TO EXCITE THE YOUTH AND NATIONS OF THE WORLD ABOUT THE VALUE OF INVESTING IN AND PURSUING STEM EDUCATION (SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS) TO HELP BUILD THE SCIENCE, ENGINEERING, AND TECHNOLOGY SKILLS NEEDED BY NATIONS TO WORK ON GLOBAL CHALLENGES TOGETHER. DRIVEN BY THE ENTHUSIASM OF THE STUDENTS AS THEY COOPERATE IN TEAMS, EACH NATION IS INVITED TO ASSEMBLE THEIR OWN ROBOT AND SEND A HIGH SCHOOL STUDENT-TEAM TO REPRESENT ITS COUNTRY IN AN ANNUAL INTERNATIONAL OLYMPICS-STYLE ROBOTICS COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COVID-19 PANDEMIC REQUIRED A CONTINUED SHIFT FOR THE 2021 FIRST GLOBAL CHALLENGE. DESPITE NOT BEING ABLE TO CONVENE IN PERSON, 177 TEAMS REMAINED CONNECTED UNDER THE THEME OF DISCOVER & RECOVER COMPETING IN WEEKLY MINI-CHALLENGES TO GAIN POINTS TOWARDS THE LEADERBOARD. ADDITIONALLY, "THE SOLUTIONS CHALLENGE" WAS THE MAIN COMPONENT OF THE SEASON. UNDER THE THEME OF "DISCOVER & RECOVER," TEAMS WERE TASKED WITH IDENTIFYING A PANDEMIC-RELATED PROBLEM IN THEIR COMMUNITY IN THE AREA OF EDUCATION, ENVIRONMENT, HEALTH, OR ECONOMY, AND THEN CREATE A PROJECT TO SOLVE IT USING STEN WITHIN THE SPAN OF THE SEASON. IN A TIME WHERE THE EVENT COULD NOT BE HOSTED, INTERNATIONAL FIRST COMMITTEE ASSOCIATION, FIRST GLOBAL, EXPANDED THE VIRTUAL ENGAGEMENT FOR OUR FIRST GLOBAL COMMUNITY TO REMAIN CONNECTED. LIKE OTHER SEASONS, THERE WAS VOLUNTEER INVOLVEMENT, NATIONAL TEAMS, AND ENGAGEMENT THROUGH SOCIAL MEDIA AND TECHNICAL CHALLENGES, TALKS BY STEM PROFESSIONALS, AND TECHNICAL TRAINING SESSIONS. THERE WERE AWARDS AND PRIZES GRANTED TO THE TEAMS WITH THE GREATEST ENGAGEMENT, AN AWARD TO CELEBRATE A TEAMS JOURNEY AND PERSEVERANCE THROUGHOUT THE SEASON, AND TO THE MOST INSPIRING MENTORS. THESE COMMUNITY-BASED MENTORS AND VOLUNTEERS RANGE FROM CIVIC MINDED HIGH SCHOOL AND COLLEGE STUDENTS, TO UNIVERSITY ROBOTICS AND ENGINEERING STUDENTS AND PROFESSORS, AND PROVIDED TEAMS WITH MECHANICAL, ELECTRICAL, PROGRAMMING, AND STRATEGIC ADVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey May Executive Dir. | Officer | 40 | $86,364 |
Maureen Toohey Secretary | Officer | 3 | $0 |
Brendan Duffy Treasurer | Officer | 1 | $0 |
Dean Kamen President | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $116,795 |
| All other contributions, gifts, grants, and similar amounts not included above | $793,438 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $910,233 |
| Total Program Service Revenue | $7,500 |
| Investment income | $1,843 |
| 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 | $919,576 |
| 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. | $86,363 |
| Compensation of current officers, directors, key employees. | $8,636 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $388,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,307 |
| Payroll taxes | $38,544 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $948 |
| Office expenses | $0 |
| Information technology | $27,514 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,394 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,580 |
| All other expenses | $1,896 |
| Total functional expenses | $866,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,287,127 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $866 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2 |
| Total assets | $2,287,995 |
| Accounts payable and accrued expenses | $9,970 |
| 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 | $133,018 |
| Total liabilities | $142,988 |
| Net assets without donor restrictions | $2,145,007 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,287,995 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that International First Committee Association has recieved totaling $20,005.
| Awarding Organization | Amount |
|---|---|
Earthsense Foundation New York, NY PURPOSE: OCEAN PLASTIC CLEAN-UP | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
For Inspiration And Recognition Of Science And Technology First Manchester, NH | $64,269,944 | $72,988,833 |
Terc Inc Cambridge, MA | $20,874,819 | $13,653,170 |
Cortico Corporation Boston, MA | $3,352,303 | $987,674 |
Mit Real Estate Foundation Inc Cambridge, MA | $3,185,000 | -$155,000 |
International First Committee Association Manchester, NH | $2,287,995 | $919,576 |
Brokaw Family Foundation Merrimack, NH | $4,131,332 | $152,642 |
New Hampshire Tech Alliance Manchester, NH | $288,906 | $429,424 |
Robots In Service Of The Environment Inc Carlisle, MA | $148,050 | $300,008 |
Massachusetts Chemical Technology Alliance Inc Upton, MA | $47,644 | $0 |
Share Foundation Inc New Bedford, MA | $318,829 | $146,392 |
Vermont Technology Council Inc Burlington, VT | $481,716 | $0 |
Spark Photonics Foundation Inc Waltham, MA | $15,337 | $0 |