New World Academic and Cultural Exchange

“NEW WORLD ACADEMIC AND CULTURAL EXCHANGE(NWACE) OPERATES AN INTERNATIONAL STUDENT EXCHANGE PROGRAM WHERE STUDENTS ATTEND PRIVATE HIGH SCHOOLS IN THE UNITED STATES. STUDENTS RECEIVE F1 STUDENT VISAS FROM THE USCIS AND LIVE WITH LOCAL HOST FAMILIES IN A "HOME STAY" PROGRAM. COVID 19 SERIOUSLY DISRUPTED THE BUSINESS AS MOST STUDENTS ORIGINATE FROM CHINA AND HAD NOT BEEN ABLE TO TRAVEL TO US. Form 990-EZ, Part I, Line 8 - Form 990-EZ, Part I, Line 8 -”

“New world academic and cultural exchange(nwace) operates an international student exchange program where students attend private high schools in the united states. Typically, students receive f1 student visas from the uscis and live with local host families in a "home stay" program. In some cases, students may stay with a relative and/or not require an f1 visa. Two private non-profit u.s. Schools benefiting from nwace's program. Expenses typically relate to onboarding student and support students during there time in the us. Other expenses relate to current business operations and recruiting new students _ the majority of other expenses relate to student tuition/fee expenses paid to non-profit and private schools. Other expenses also includes mandatory student health insurance. Covid had disrupted our business model.”