Civic Intelligence

Eisenhower Exchange Fellowships Incorporated

EIN 23-1505095 • 501(c)3 • Philadelphia, PA

Profile

Eisenhower fellowships identifies, empowers and links outstanding leaders from around the world, helping them to achieve consequential outcomes across sectors and borders. Ef provides a transformational experience leading to lifetime engagement in a global network, where dialogue and collaboration make the world more prosperous, just and peaceful.

250 South 16th StreetPhiladelphia, PA 19102

www.efworld.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.05x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

5th percentile

-44%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$532,828

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

38th percentile

2.9%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-33%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$62,857,660

Up $1,754,891 (+2.9%) from 2023

Liabilities

Up

$202,323

Up $59,359 (+42%) from 2023

Net Assets

Up

$62,655,337

Up $1,695,532 (+2.8%) from 2023

Revenue

Down

$4,377,422

Down $2,161,950 (-33%) from 2023

Expenses

Down

$6,311,976

Down $127,877 (-2.0%) from 2023

Net Income

Down

-$1,934,554

Down $2,034,073 (-2044%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $45,084,441Liabilities 2010: $191,031Net Assets 2010: $44,893,4102010Assets 2011: $43,140,683Liabilities 2011: $151,506Net Assets 2011: $42,989,1772011Assets 2012: $44,511,879Liabilities 2012: $120,492Net Assets 2012: $44,391,3872012Assets 2013: $49,048,854Liabilities 2013: $176,931Net Assets 2013: $48,871,9232013Assets 2014: $48,104,783Liabilities 2014: $206,955Net Assets 2014: $47,897,8282014Assets 2015: $44,458,372Liabilities 2015: $321,334Net Assets 2015: $44,137,0382015Assets 2016: $45,176,206Liabilities 2016: $159,703Net Assets 2016: $45,016,5032016Assets 2017: $51,159,842Liabilities 2017: $209,489Net Assets 2017: $50,950,3532017Assets 2018: $48,145,073Liabilities 2018: $298,748Net Assets 2018: $47,846,3252018Assets 2019: $54,826,773Liabilities 2019: $140,118Net Assets 2019: $54,686,6552019Assets 2020: $60,555,684Liabilities 2020: $196,540Net Assets 2020: $60,359,1442020Assets 2021: $65,596,103Liabilities 2021: $227,199Net Assets 2021: $65,368,9042021Assets 2022: $57,471,085Liabilities 2022: $143,618Net Assets 2022: $57,327,4672022Assets 2023: $61,102,769Liabilities 2023: $142,964Net Assets 2023: $60,959,8052023Assets 2024: $62,857,660Liabilities 2024: $202,323Net Assets 2024: $62,655,3372024

Highlighted filing

2024

Assets$62,857,660
Liabilities$202,323
Net Assets$62,655,337

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,765,3552010Expenses 2011: $3,913,0992011Expenses 2012: $4,344,5512012Revenue 2013: $10,305,014Expenses 2013: $4,568,476Net Income 2013: $5,736,5382013Revenue 2014: $6,100,959Expenses 2014: $4,551,603Net Income 2014: $1,549,3562014Revenue 2015: $4,072,720Expenses 2015: $5,098,912Net Income 2015: -$1,026,1922015Revenue 2016: $3,092,361Expenses 2016: $5,228,287Net Income 2016: -$2,135,9262016Revenue 2017: $6,551,842Expenses 2017: $5,508,001Net Income 2017: $1,043,8412017Revenue 2018: $7,628,311Expenses 2018: $5,740,196Net Income 2018: $1,888,1152018Revenue 2019: $7,890,166Expenses 2019: $6,218,275Net Income 2019: $1,671,8912019Revenue 2020: $5,266,165Expenses 2020: $4,376,705Net Income 2020: $889,4602020Revenue 2021: $6,998,560Expenses 2021: $4,835,224Net Income 2021: $2,163,3362021Revenue 2022: $5,929,299Expenses 2022: $6,207,293Net Income 2022: -$277,9942022Revenue 2023: $6,539,372Expenses 2023: $6,439,853Net Income 2023: $99,5192023Revenue 2024: $4,377,422Expenses 2024: $6,311,976Net Income 2024: -$1,934,5542024

Highlighted filing

2024

Revenue$4,377,422
Expenses$6,311,976
Net Income-$1,934,554

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.9$0.20$62.7$4.38$6.31$1.93
2023Summary only. Only limited summary data is available for this year.$61.1$0.14$61.0$6.54$6.44$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.5$0.14$57.3$5.93$6.21$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.6$0.23$65.4$7.00$4.84$2.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.6$0.20$60.4$5.27$4.38$0.89
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.8$0.14$54.7$7.89$6.22$1.67
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.1$0.30$47.8$7.63$5.74$1.89
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.2$0.21$51.0$6.55$5.51$1.04
2016Summary only. Only limited summary data is available for this year.$45.2$0.16$45.0$3.09$5.23$2.14
2015Summary only. Only limited summary data is available for this year.$44.5$0.32$44.1$4.07$5.10$1.03
2014Summary only. Only limited summary data is available for this year.$48.1$0.21$47.9$6.10$4.55$1.55
2013Detailed filing. Detailed filing data is available for this year.$49.0$0.18$48.9$10.3$4.57$5.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$0.12$44.4$4.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.1$0.15$43.0$3.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.1$0.19$44.9$3.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 15, 2025
Return Version
2024v5.2
Gross Receipts
$7,174,123
Mission and Program Overview

Mission

Eisenhower fellowships identifies, empowers and connects innovative leaders through a transformative fellowship experience and lifelong engagement in a global network of dynamic change agents committed to creating a world more peaceful, prosperous and just.

A global program and leadership network that fosters a more peaceful, prosperous & just world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$21,036,790$23,615,888▲ $2,579,098
Investments Other Securities$22,633,140$23,072,220▲ $439,080
Pledges and Grants Receivable$5,093,095$4,604,496▼ $488,599
Land, Buildings, and Equipment, Net$2,005,730$1,929,645▼ $76,085
Cash and Non-Interest-Bearing Accounts$1,383,212$1,128,716▼ $254,496
Savings and Temporary Cash Investments$544,915$388,386▼ $156,529
Prepaid Expenses and Deferred Charges$127,719$130,867▲ $3,148
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$61,102,769$62,857,660▲ $1,754,891
Other Assets Total$8,278,168$7,987,442▼ $290,726
Liabilities
Accounts Payable and Accrued Expenses$142,964$202,323▲ $59,359
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$142,964$202,323▲ $59,359
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$43,185,648$45,377,222▲ $2,191,574
Net Assets With Donor Restrictions$17,774,157$17,278,115▼ $496,042
Total Net Assets Fund Balance$60,959,805$62,655,337▲ $1,695,532
Total Liabilities and Net Assets / Fund Balance$61,102,769$62,857,660▲ $1,754,891

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,117,569$914,374$2,031,943
Land$723,608-$723,608
Equipment$2,520$537,620$540,140
Leasehold Improvements$80,262$299,728$379,990
Other Land Buildings$5,686$211,052$216,738
Other Assets Org$7,987,442--
Other Securities$23,072,220--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$54,686,075$443,085▲ $4,466,306$2,845,774$56,749,692
2023$50,653,991$999,746▲ $5,942,051$2,909,713$54,686,075
2022$58,316,815$1,804,613▼ $6,423,044$3,044,393$50,653,991
2021$52,885,748$656,531▲ $6,457,848$1,683,312$58,316,815
2020$39,964,656$9,774,641▲ $4,911,800$1,765,349$52,885,748
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
George De LamaPresidentFT$414,823$118,005$532,828
Erin HillmanVice-president, Programs & OpeFT$265,147$89,654$354,801
Stephanie GroppSenior Director, Finance & OpeFT$202,409$77,118$279,527
Carla RicciHead of Institutional AdvancemFT$149,038$40,111$189,149
Lee WestDirector, Global Network ProgrFT$129,875$15,716$145,591
Samantha GreenDirector of International FellFT$116,078$23,661$139,739
Nicolas MendozaDirector of USA Fellowship ProgramsFT$104,228$10,838$115,066

Board Members and Trustees

NameTitle
Dr Robert M GatesChairman
Christine Todd WhitmanVice Chair
Amr Al-dabbaghTrustee
Anindya BakrieTrustee
Brian Fernandes-halloranTrustee
David EisenhowerTrustee
Edgar M Cullman JrTrustee
Holly FlanaganTrustee
James L MccabeTrustee
James SternlichtTrustee
James W HoveyTrustee
Jane HarmanTrustee
Jeffrey SingerTrustee
John W KeoghTrustee
Loree D Jones BrownTrustee
Marcelo EtchebarneTrustee
Mark B GrierTrustee
Mary Lou GornoTrustee
Matt MandersTrustee
Mohamed AmersiTrustee
Mohammed M AlardhiTrustee
Nicolas a AguzinTrustee
Osman OkyayTrustee
Pavninder SinghTrustee
Pedro RamosTrustee
Roger NoresTrustee
Samaila ZubairuTrustee
Scott CrockettTrustee
Show-chung HoTrustee
Solomon Cai ChenyuTrustee
Stephen G PagliucaTrustee
Steven J PelchTrustee
Susan E ShermanTrustee
Susan EisenhowerTrustee
Susan HakkarainenTrustee
Tina Byles WilliamsTrustee
Victoria W HsuTrustee
Dia WeilTrustee (eff 12/24)
Douglas FooTRUSTEE (eff 12/24)
Jason AikenTRUSTEE (eff 5/24)
Serra KirdarTRUSTEE (eff 5/24)
Sumaira KhanTRUSTEE (eff 5/24)
Charles E Cobb JrTRUSTEE (til 5/24)
Christian MarroneTRUSTEE (til 5/24)
Frank W MountTRUSTEE (til 5/24)
Jeremy K EllisTRUSTEE (til 5/24)
Kimball C ChenTRUSTEE (til 5/24)
Shahid MahmudTRUSTEE (til 5/24)
Victor J MenezesTRUSTEE (til 5/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Your Part-time ControllerAccounting Services1600 MARKET STREET SUITE 3425, Philadelphia, PA 19103$111,319
Revenue and Support

Revenue Composition

Contributions and Grants
$3,548,785
Program Service Revenue
$0
Investment Income
$828,637
Other Revenue
$0
All Other Contributions
$3,548,785
Change in Net Assets
$-1,934,554

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$70,190Fair Market Value (FMV)
Total Noncash Contributions3$70,190-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,285,005
Revenue Not Reported on Financial Statements
$92,417
Revenue Not Reported on Form 990
$3,730,086
Total Revenue per Audited Statements
$8,015,091
Total Revenue per Form 990
$4,377,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,183,693
Grants and Similar Amounts Paid$1,636,820
Other Expenses$1,491,463
Total Fundraising Expense$586,337
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,193,727$147,853$192,459$1,534,039
Current Officers, Directors, Trustees, and Key Employees$912,176$112,493$142,488$1,167,157
Foreign Grants$1,012,144--$1,012,144
Grants to Domestic Individuals$624,676--$624,676
Conferences and Meetings$414,206$10,939$104,951$530,096
Other Employee Benefits$209,104$25,899$33,713$268,716
Office Expenses$66,956$92,398$24,120$183,474
Fees for Services Accounting$116,163$33,195$1,837$151,195
Payroll Taxes$114,724$14,209$18,496$147,429
Travel$52,877$11,927$54,461$119,265
Fees for Services Other$82,018$23,437$1,297$106,752
Information Technology$66,749$30,959-$97,708
Fees for Service Investment Mgmnt Fees-$92,417-$92,417
Depreciation Depletion$44,422$31,663-$76,085
Pension Plan Contributions$47,689$6,395$12,268$66,352
Occupancy$33,601$23,951-$57,552
Insurance$33,046$23,555-$56,601
Fees for Services Legal$15,610$4,461$247$20,318
Total Functional Expenses$5,039,888$685,751$586,337$6,311,976

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,311,976
Expenses per Audited Statements$6,219,559
Total Expenses per Audited Statements$6,219,559
Expenses Not Reported on Financial Statements$92,417
International Activity

International Summary

Offices
0
Employees
0
Spending
$11,855,754

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaFundraisingRec Grant W/o Asso Exp00$9,768,742
Europe (Including Iceland and Greenland)FundraisingRec Grant W/o Asso Exp00$1,074,868
Central America and the CaribbeanInvestmentsFellowships00$328,705
South AmericaProgram ServicesFellowships00$164,930
Europe (Including Iceland and Greenland)Program ServicesFellowships00$162,622
Sub-Saharan AfricaInvestmentsFellowships00$145,153
Middle East and North AfricaProgram ServicesFellowships00$116,818
East Asia and the PacificProgram ServicesFellowships00$46,958
South AsiaProgram ServicesFellowships00$24,056
Sub-Saharan AfricaProgram ServicesFellowships00$22,902
Central America and the CaribbeanProgram Services-00-
North AmericaProgram Services-00-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 2:

David eisenhower, trustee, and susan eisenhower, trustee, have a family relationship.

FORM 990, PART VI, SECTION B, LINE 11B:

Governing body review of form 990 the executive committee reviews the form 990 for approval. Once approved, a copy of the return is distributed to each board trustee for review prior to filing.

FORM 990, PART VI, SECTION B, LINE 12C:

Monitoring and enforcement of conflict of interest policy ef's conflict of interest policy is distributed to all board members annually for their review. Also, staff responsible for contracting and procurement are provided with current board list so that they can remain alert to potential real or apparent conflicts. Concerns about possible conflicts are reported to the president, who alerts the appropriate board members.

FORM 990, PART VI, SECTION B, LINE 15:

Process for determining compensation the compensation committee reviews the compensation of the president and vice president, the organization's overall staff compensation and benefits strategy and policy and makes recommendations to the executive committee.

FORM 990, PART VI, SECTION C, LINE 19:

Ef posts its form 990, audited financial statements and annual business plan on its website. Ef's charter, bylaws and other governing documents, such as its conflict of interest and whistleblower policies, are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Eisenhower Exchange Fellowships Incorporated
EIN
23-1505095
In Care Of
% THE ORGANIZATION
Phone
2155461738
Address
250 South 16th Street, Philadelphia, PA 19102

Signing Officer

Name
George De Lama
Title
President
Phone
2155461738
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George De Lama
Formed
1953
Legal Domicile
Pa
Voting Board Members
50
Independent Board Members
49
Employees
21
Volunteers
47

Preparer

Firm
Withumsmithbrown Pc
Address
1835 MARKET STREET SUITE 1710, PHILADELPHIA, PA 19103-2945
Preparer
Richard Ruvelson
Phone
2155462140
Supplemental Narrative

Additional Explanations

FROM 990, PART III, LINE 4D:

Global scholars program: now in its fifth year, this important addition to ef's programs introduces promising american young leaders to the world beyond u.s. Shores, immerses them in the ef global network and extends the legacy of president dwight d. Eisenhower to a new generation of young americans. This unique program sends recent american college graduates to europe for a year of postgraduate studies leading to a master's degree. The 2025 eisenhower global scholars include a low-income-housing specialist with the u.s. Department of commerce, a navy midshipman investigating the role of artificial intelligence in modern warfare, a phi beta kappa student of public policy and legal affairs and an afghani-american lawyer advocating for girls' education and the empowerment of women entrepreneurs. In the fall of 2024 these four, highly accomplished graduates of prestigious american universities began an all-expenses-paid year of intense academic study and cultural immersion at the university of oxford and ie university pursuing master's degrees in public service and international relations. Other programs: in addition to its international programs, eisenhower fellowships also operates a usa program, which sends between 10-12 u.s. Citizens abroad annually. The usa program expanded in 2024, with 20 american fellows traveling across the world. Ten usa fellows, including one agricultural fellow, traveled to 20 different countries (including moldova for the first time) to broaden their perspectives and connect with eisenhower fellows overseas. Among this group were ten zhi-xing china program fellows travelled to china after the program was put on hiatus or several years following the onset of the covid-19 pandemic.

FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:

Distributions from federal trust fund 483,597 change in value of beneficial interest in federal trust fund -290,726 loss on uncollectible contribution -100,000 total adjustment 92,871

Financial Statement Notes

PART V, LINE 4:

Intended use of endowment funds to support ef's programs and operations.

PART X, LINE 2:

Uncertain tax positions under asc 740 gaap requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their tax returns. Gaap prescribes a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. The organization believes that it had no uncertain tax positions as defined in gaap.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Distributions from federal trust fund 483,597 change in value of beneficial interest in federal trust fund -290,726 total adjustment 192,871

Raw XML AppendixShowing 400 of 1,187 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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