Swedish Womens Educational Association International Inc
- Assets
- $1.4m
- Revenue
- $242.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 12/1979
- Data as of
- 12/2023
- EIN
- 95-3430328
Organization Overview
Swedish Womens Educational Association International Inc, operating under the name SWEA International, is located in Fort Lauderdale, FL. The organization was established in 1979. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. SWEA International 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 12/2023, SWEA International generated $242.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $267.5k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS MISSION IS TO ENGAGE IN ACTIVITIES RELATED TO THE SUPPORT, PRESERVATION, PROMOTION AND DEVELOPMENT OF SWEDISH HISTORY, LANGUAGE, CULTURE AND TRADITION IN THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF EDUCATION THROUGH FOUR AWARDS AND SCHOLARSHIPS SWEDISH LANGUAGE SCHOLARSHIP, LITERATURE AREA STUDIES SCHOLARSHIP, THE AGNETA GUNNAR NILLSON SCHOLARSHIP FOR INTERCULTURAL RELATIONS, SIGRID PASKELL SCHOLARSHIP FOR THE PERFORMING ARTS, AND SWEDISH WOMAN OF THE YEAR AWARD.
PROVIDE EDUCATIONAL ACTIVITIES FOR SWEDISH SPEAKING WOMEN THROUGH MEETINGS, LECTURES, AND REGULARLY PUBLISHED NEWSLETTERS. AN ELECTRONIC NEWSLETTER SWEA-NYTT IS DISTRIBUTED MONTHLY TO ITS MEMBERS. THE DIGITAL MAGAZINE SWEA FORUM IS PUBLISHED FOUR TIMES A YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katri Olander Serenius Chief Administrative Officer | Officer | 30 | $72,960 |
Catarina Hansson President | OfficerTrustee | 30 | $0 |
Eva Steinbach Vice President | OfficerTrustee | 15 | $0 |
Ingrid Reinli Regional President Asoc | Trustee | 10 | $0 |
Pia Lassmann-Menniti Regional President Mema | Trustee | 10 | $0 |
Tina O'malley Regional President Mame | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,664 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,664 |
| Total Program Service Revenue | $193,212 |
| Investment income | $31,328 |
| 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 | $242,316 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,611 |
| Grants and other assistance to Foreign Orgs/Individuals | $34,010 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,960 |
| Compensation of current officers, directors, key employees. | $18,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,115 |
| Fees for services: Accounting | $8,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,600 |
| Advertising and promotion | $0 |
| Office expenses | $1,673 |
| Information technology | $20,962 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,826 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69,843 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,087 |
| All other expenses | $0 |
| Total functional expenses | $267,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,620 |
| Savings and temporary cash investments | $205,586 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,321 |
| 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 | $4,090 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $983,963 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,355,580 |
| Accounts payable and accrued expenses | $2,503 |
| Grants payable | $0 |
| Deferred revenue | $8,635 |
| 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 | $0 |
| Total liabilities | $11,138 |
| Net assets without donor restrictions | $1,122,344 |
| Net assets with donor restrictions | $222,098 |
| 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 | $1,355,580 |