Civic Intelligence

Fund for Education Abroad

990EZ • Fiscal year 2015 • EIN 26-3041520

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 09, 2016

1920 N Street NW No 200Washington, DC 20036

(202) 785-9000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.12x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

30th percentile

-8.9%

Faster asset growth than 30% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

18th percentile

-28%

Faster revenue growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$116,732

Down $11,400 (-8.9%) from 2014

Net Assets

Down

$103,262

Down $12,368 (-11%) from 2014

Liabilities

Up

$13,470

Up $968 (+7.7%) from 2014

Revenue

Down

$121,788

Down $47,661 (-28%) from 2014

Expenses

Up

$134,156

Up $37,626 (+39%) from 2014

Net Income

Down

-$12,368

Down $85,287 (-117%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $65,660Liabilities 2013: $22,949Net Assets 2013: $42,7112013Assets 2014: $128,132Liabilities 2014: $12,502Net Assets 2014: $115,6302014Assets 2015: $116,732Liabilities 2015: $13,470Net Assets 2015: $103,2622015Assets 2016: $203,069Liabilities 2016: $11,982Net Assets 2016: $191,0872016Assets 2017: $460,467Liabilities 2017: $13,317Net Assets 2017: $447,1502017Assets 2018: $1,728,925Liabilities 2018: $29,103Net Assets 2018: $1,699,8222018Assets 2019: $2,626,206Liabilities 2019: $48,761Net Assets 2019: $2,577,4452019Assets 2020: $2,646,312Liabilities 2020: $185,131Net Assets 2020: $2,461,1812020Assets 2021: $2,611,467Liabilities 2021: $224,483Net Assets 2021: $2,386,9842021Assets 2022: $1,884,977Liabilities 2022: $160,371Net Assets 2022: $1,724,6062022Assets 2023: $1,769,189Liabilities 2023: $125,030Net Assets 2023: $1,644,1592023Assets 2024: $1,781,749Liabilities 2024: $62,056Net Assets 2024: $1,719,6932024

Highlighted filing

2015

Assets$116,732
Liabilities$13,470
Net Assets$103,262

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $109,083Expenses 2013: $65,595Net Income 2013: $43,4882013Revenue 2014: $169,449Expenses 2014: $96,530Net Income 2014: $72,9192014Revenue 2015: $121,788Expenses 2015: $134,156Net Income 2015: -$12,3682015Revenue 2016: $212,831Expenses 2016: $125,006Net Income 2016: $87,8252016Revenue 2017: $460,138Expenses 2017: $225,425Net Income 2017: $234,7132017Revenue 2018: $1,685,430Expenses 2018: $432,800Net Income 2018: $1,252,6302018Revenue 2019: $1,336,271Expenses 2019: $538,015Net Income 2019: $798,2562019Revenue 2020: $327,928Expenses 2020: $329,956Net Income 2020: -$2,0282020Revenue 2021: $556,849Expenses 2021: $492,897Net Income 2021: $63,9522021Revenue 2022: $628,099Expenses 2022: $854,445Net Income 2022: -$226,3462022Revenue 2023: $692,055Expenses 2023: $804,710Net Income 2023: -$112,6552023Revenue 2024: $893,027Expenses 2024: $764,688Net Income 2024: $128,3392024

Highlighted filing

2015

Revenue$121,788
Expenses$134,156
Net Income-$12,368
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 9, 2016
Return Version
2015v2.1
Gross Receipts
$158,151
Mission and Program Overview

Mission

The fund for education abroad provides scholarships and ongoing support to students who are underrepresented among the u.s. Study abroad population, making life-changing, international experiences accessible to all by supporting minority and first-generation college students before, during, and after they participate in education abroad programs.

To be operated exclusively for charitable, educational and scientific purposes, including (but not limited to), assisting college and high school students who enroll in academic and educational programs abroad that emphasize academic rigor and focus, as well as foreign language acquisition and cultural immersion.

Program Services

DescriptionGrantsExpenses
TO PROVIDE OPPORTUNITIES FOR COLLEGE AND HIGH SCHOOL STUDENTS TO PARTICIPATE IN HIGH-QUALITY, RIGOROUS EDUCATION ABROAD PROGRAM BY REDUCING FINANCIAL RESTRICTIONS THROUGH THE PROVISION OF GRANTS AND SCHOLARSHIPS.$117,901$117,901
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID T PARRYChairman-$0--
KATE SIMPSONVice ChairmanPT$0--
DAVID COMPDirector-$0--
JOEL A GALLEGOSDirector-$0--
ERRICK L GREENEDirector-$0--
HEATHER BARCLAY HAMIRDirector-$0--
KRISTIN HAYDENDirector-$0--
JUDY JACKSONDirector-$0--
MARTHA JOHNSONTreasurer-$0--
ANNE KRIEGDirector-$0--
JAN KIELINGDirector-$0--
BRANDON LEEDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Reception$67,325$67,325$35,454$31,871
Basaa Scholarship$10,883$10,883$909$9,974
Total Events$113,795$113,795$36,363$77,432
Filing and Contact Details

Filer

Filer Name
Fund for Education Abroad
EIN
26-3041520
Phone
2027859000
Address
1920 N STREET NW NO 200, WASHINGTON, DC 20036

Signing Officer

Name
Kathleen Simpson
Title
Vice Chairman
Phone
2027859000
Signed
2016-08-09
Discuss with paid preparer
Yes

Preparer

Firm
Aronson LLC
Address
805 KING FARM BLVD 3RD FLOOR, ROCKVILLE, MD 20850
Preparer
Harry a Harrison CPA
Phone
3012316200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising expenses. Amount: 6,862. Description: office expenses. Amount: 7,313. Total to form 990-ez, line 16: 14,175.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accrued scholarships. Beg. Of year amount: 12,502. End of year amount: 13,470.

Raw XML Appendix213 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADVERTISING EXPENSES. AMOUNT: 6,862. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 7,313. TOTAL TO FORM 990-EZ, LINE 16: 14,175.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCRUED SCHOLARSHIPS. BEG. OF YEAR AMOUNT: 12,502. END OF YEAR AMOUNT: 13,470.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN SIMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02027859000
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FUND FOR EDUCATION ABROAD
ReturnHeader/Filer/BusinessNameControlTxt0FUND
ReturnHeader/Filer/EIN0263041520
ReturnHeader/Filer/PhoneNum02027859000
ReturnHeader/Filer/USAddress/AddressLine1Txt01920 N STREET NW NO 200
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371611326
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARONSON LLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020850
ReturnHeader/PreparerPersonGrp/PhoneNum03012316200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HARRY A HARRISON CPA
ReturnHeader/ReturnTs02016-08-15T11:10:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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