Foundation For Academic And Cultural Exchange
- Assets
- $61.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherwood, OR
- Founding
- 07/1994
- Data as of
- 12/2022
- EIN
- 93-1113175
Organization Overview
Foundation For Academic And Cultural Exchange is located in Sherwood, OR. The organization was established in 1994. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, 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 Academic And Cultural Exchange 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 Academic And Cultural Exchange generated $23.9k 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 (12.1%) each year. All expenses for the organization totaled $20.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
IN OREGON:THE ORGANIZATION HOSTS THE SHRINERS HOSPITAL PROGRAM CALLED MUSICIANS TOY RUN, WHICH IS FOR THE BENEFIT OF CHILDREN IN NEED OF MEDICAL EQUIPMENT. INTERNATIONALLY:THE ORGANIZATION CONTINUED ITS PROJECT IN MEXICO AT A RURAL SCHOOL OF 200 STUDENTS, PROVIDING SCIENCE LAB SUPPORT AND BOOKS, BOTH TO THE SCHOOL'S LIBRARY AND CLASSROOM SETS OF BOOKS TO FOSTER LITERACY.
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 |
|---|---|---|---|
Maryanne Azdine President | 20 | $0 | |
Caroline Richards Treasurer | 4 | $0 | |
Quincy Luke Director | 2 | $0 | |
Robert Erickson Director | 2 | $0 | |
Carlos Vasquez Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,929 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,330 |
| Occupancy, rent, utilities, and maintenance | $3,130 |
| Printing, publications, postage, and shipping | $201 |
| Other expenses | $16,145 |
| Total expenses | $20,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,196 |
| Other assets | $0 |
| Total assets | $61,137 |
| Total liabilities | $3,642 |
| Net assets or fund balances | $57,495 |