Civic Intelligence

Friends of Education Exchange Ltd

EIN 27-1164324 • 501(c)3 • Ann Arbor, MI

Profile

See Schedule O, Statement 1

2716 Aspen CtAnn Arbor, MI 48108-9778

friendsofeducationexchangeltd.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

27th percentile

-15%

Higher net margin than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$4,719

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

36th percentile

-14%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$175,771

Down $28,370 (-14%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$175,771

Down $28,370 (-14%) from 2022

Revenue

Up

$195,650

Up $27,221 (+16%) from 2022

Expenses

Up

$224,020

Up $97,850 (+78%) from 2022

Net Income

Down

-$28,370

Down $70,629 (-167%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $125,089Liabilities 2014: $0Net Assets 2014: $125,0892014Assets 2015: $113,230Liabilities 2015: $0Net Assets 2015: $113,2302015Assets 2016: $133,962Liabilities 2016: $0Net Assets 2016: $133,9622016Assets 2017: $150,390Liabilities 2017: $0Net Assets 2017: $150,3902017Assets 2018: $139,312Liabilities 2018: $0Net Assets 2018: $139,3122018Assets 2019: $155,326Liabilities 2019: $0Net Assets 2019: $155,3262019Assets 2020: $191,483Liabilities 2020: $0Net Assets 2020: $191,4832020Assets 2021: $209,546Liabilities 2021: $0Net Assets 2021: $209,5462021Assets 2022: $204,141Liabilities 2022: $0Net Assets 2022: $204,1412022Assets 2023: $175,771Liabilities 2023: $0Net Assets 2023: $175,7712023

Highlighted filing

2023

Assets$175,771
Liabilities$0
Net Assets$175,771

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $182,750Expenses 2014: $215,892Net Income 2014: -$33,1422014Revenue 2015: $193,900Expenses 2015: $169,818Net Income 2015: $24,0822015Revenue 2016: $191,293Expenses 2016: $170,599Net Income 2016: $20,6942016Revenue 2017: $193,986Expenses 2017: $206,704Net Income 2017: -$12,7182017Revenue 2018: $192,081Expenses 2018: $186,050Net Income 2018: $6,0312018Revenue 2019: $186,284Expenses 2019: $185,789Net Income 2019: $4952019Revenue 2020: $182,008Expenses 2020: $144,971Net Income 2020: $37,0372020Revenue 2021: $177,079Expenses 2021: $189,130Net Income 2021: -$12,0512021Revenue 2022: $168,429Expenses 2022: $126,170Net Income 2022: $42,2592022Revenue 2023: $195,650Expenses 2023: $224,020Net Income 2023: -$28,3702023

Highlighted filing

2023

Revenue$195,650
Expenses$224,020
Net Income-$28,370

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 15, 2024
Return Version
2023v5.0
Gross Receipts
$195,650
Mission and Program Overview

Mission

Provide financial support and advice on educational opportunities in the us and singapore for us students

See Schedule O Statement 1 FRIENDS OF EDUCATION EXCHANGE LTD is a not-for-profit organization in Michigan that assists students from abroad to pursue educational opportunities in the United States and students from the US to study in Asia through advice, study grants and by supporting the activities of its sister organization EEL

Program Services

DescriptionGrantsExpenses
FEEL SUPPORTED STUDENTS FROM ASIA AT the UNIVERSITY OF MICHIGAN; U OF WASHINGTON SEATTLE; SUPPORT FOR EDUCATION EXCHANGE LTD., U of South Australia, DISADV. STUDENT FUND. Georgetown University$195,650$224,020
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GUNTER DUFEY PhDTrustee And TreasurerPT$0$4,719$4,719
EUN Ja YUTrustee-$0--
Felicia Karnani MBATrustee-$0--
Filing and Contact Details

Filer

Filer Name
Friends of Education Exchange Ltd
EIN
27-1164324
Phone
7348460201
Address
2716 Aspen Ct, Ann Arbor, MI 48108-9778

Signing Officer

Name
Gunter DUFEY
Title
Trustee & Treasurer
Phone
7348460201
Signed
2024-04-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

** donations to EEL ($132K); Univ S. Australia Nursing ($24K) ; Georgetown ($12K); UoM Ross J MBA ($20K)

Form 990-EZ, Part I, Line 16

Travel and Business Meals $581 State licenses $25 Liability insurance 380

Raw XML Appendix192 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/ExplanationTxt0** donations to EEL ($132K); Univ S. Australia Nursing ($24K) ; Georgetown ($12K); UoM Ross J MBA ($20K)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel and Business Meals $581 State licenses $25 Liability insurance 380
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ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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