Civic Intelligence

Foundation for International Education

EIN 52-1882305 • 501(c)3 • New York, NY

Profile

Study abroad and in New York City for high school students and teachers.

20 Vesey StreetNew York, NY 10007

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

5th percentile

-347%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

100th percentile

1288950%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $89,521 (-100%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $89,521 (-100%) from 2016

Revenue

Up

$25,781

Up $25,779 (+1288950%) from 2016

Expenses

Up

$115,302

Up $66,389 (+136%) from 2016

Net Income

Down

-$89,521

Down $40,610 (-83%) from 2016

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $447,462Liabilities 2010: $138,153Net Assets 2010: $309,3092010Assets 2011: $1,014,687Liabilities 2011: $633,777Net Assets 2011: $380,9102011Assets 2012: $1,256,708Liabilities 2012: $950,164Net Assets 2012: $306,5442012Assets 2013: $1,287,323Liabilities 2013: $979,334Net Assets 2013: $307,9892013Assets 2014: $2,126,077Liabilities 2014: $2,058,008Net Assets 2014: $68,0692014Assets 2015: $141,832Liabilities 2015: $3,400Net Assets 2015: $138,4322015Assets 2016: $89,521Liabilities 2016: $0Net Assets 2016: $89,5212016Assets 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $7,061,343Expenses 2010: $7,013,065Net Income 2010: $48,2782010Revenue 2011: $9,286,415Expenses 2011: $9,204,632Net Income 2011: $81,7832011Expenses 2012: $9,412,7382012Revenue 2013: $10,569,487Expenses 2013: $10,568,041Net Income 2013: $1,4462013Revenue 2014: $12,365,733Expenses 2014: $12,409,295Net Income 2014: -$43,5622014Revenue 2015: $12,978,018Expenses 2015: $12,907,654Net Income 2015: $70,3642015Revenue 2016: $2Expenses 2016: $48,913Net Income 2016: -$48,9112016Revenue 2017: $25,781Expenses 2017: $115,302Net Income 2017: -$89,5212017

Highlighted filing

2017

Revenue$25,781
Expenses$115,302
Net Income-$89,521

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$25,781
Mission and Program Overview

Mission

Study abroad and in the United States for high school students and teachers.

Formerly study abroad and in the US for high school students. Corporation adopted a Plan of Dissolution and Distribution of Assets on 2/13/17.

Program Services

DescriptionGrantsExpenses
Formerly residential study programs abroad and in the US for high school students. Corporation adopted a Plan of Dissolution and Distribution of Assets on 2/13/17.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James J McGuirePresident-$0--
Adam HallDirector-$0--
Anthea V VanechDirector-$0--
David M TangExecutive DirecPT$0--
Richard Morrow-resign 81516Director-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for International Education
EIN
52-1882305
Phone
2125130719
Address
20 Vesey Street, New York, NY 10007

Signing Officer

Name
David Tang
Title
Executive Director
Phone
3152635963
Signed
2018-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Meryl M Glovin CPA
Address
20 Vesey Street Suite 410, New York, NY 10007
Preparer
Meryl M Glovin
Phone
2125130719
Supplemental Narrative

Additional Explanations

Other Revenue.1

Gain on Foreign Exchange $25767

Grants and Similar Amounts Paid In Excess of $5,000.1

Class of Activity: Educational | Donee's Name: Foundation of International Education | Donee's Address: 4701 Cox Road, Suite 285 Glen Allen VA 23060 | Relationship of Donee: None | Cash Amount Given: $40197

Grants and Similar Amounts Paid In Excess of $5,000.2

Class of Activity: Educational | Donee's Name: Pencils of Promise, Inc. | Donee's Address: 37 West 28 Street #3 New York NY 10001 | Relationship of Donee: None | Cash Amount Given: $32158

Grants and Similar Amounts Paid In Excess of $5,000.3

Class of Activity: Educational | Donee's Name: American Institute for Foreign Study Fou | Donee's Address: 1 High Ridge Road Stamford CT 06905 | Relationship of Donee: None | Cash Amount Given: $8039

Other Expenses.1005

Travel $644

Other Expenses.1

Student Pymt to Operating FIE $7095

Other Expenses.2

Bank Charges $1078

Other Expenses.3

NYS Dept of Law $50

Changes to Organizing or Governing Documents

On 2/13/17, the corporation's directors signed a unanimous written consent adopting a Plan of Dissolution and Distribution of Assets and authorizing the filing of a Certificate of Dissolution in accordance with Section 1003 of the Not-for-Profit Corporation Law. The NYS Attorney General has since approved this Plan. Under the Plan, the corporation will distribute its assets to charitable organizations exempt from taxation under Section 501(c)(3)of the Internal Revenue Code. The Board has suffered attrition over the years and now has the minimum number of directors required by law. Some of the corporation's current directors have served for almost 20 years without compensation, and it has proven difficult to attract successors willing to similarly volunteer their time and talents.

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