New World Academic & Cultural Exchange Inc

“Form 990 - organization's mission 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. There were approximately 10 students and two private non-profit u.s. Schools benefiting from nwace's program. // the filing of this 990-ez is late because nwace was not aware paper filings were no longer accepted. A paper filing was sent to the irs on may 14 2020. And a second paper filing was sent in august 2020. On october 20, 2020 nwace received a letter from the irs explaining paper files were no longer accepted. In response to that letter and detailed instructions provided by the irs, we are filing this electronic return. In future years nwace will be sure to file electronically and on time. Thank you for understanding.”

“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. All of these other expenses represent over 90% of total expenses paid by nwace.”