Foundation For International Education And Training
- Assets
- $77.2k
- Revenue
- $164.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 81-5379567
Organization Overview
Foundation For International Education And Training is located in Los Angeles, CA. The organization was established in 2018. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Foundation For International Education And Training 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, Foundation For International Education And Training generated $164.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $161.4k during the year ending 12/2022. While expenses have increased by 9.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATION TRAINING INTERNSHIP PROGRAMS FOR INTERNATIONAL STUDENTS IN THE US.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $164,400 |
| Total Revenue | $164,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,925 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $410 |
| Total operating and administrative expenses | $71,360 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $161,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,230 |
| Savings and temporary cash investments | $0 |
| 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 | $60,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $77,230 |
| Accounts payable and accrued expenses | $42,551 |
| 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 | $0 |
| Total liabilities | $42,551 |
Grants Awarded
Over the last fiscal year, Foundation For International Education And Training has awarded $148,933 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
STANLEY PREP INC PURPOSE: FOR INTERNSHIP PROGRAM IN US | $108,633 |
WFUN PURPOSE: FOR GLOBAL INTERSHIP PROGRAM | $36,800 |
KYCC PURPOSE: FOR SCHOLARSHIP TO INDIGENT STUDENTS | $3,500 |