Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Flywire Charitable Foundation
990EZ • Fiscal year 2022 • EIN 84-1922912
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.95x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
87th percentile
Higher net margin than 87% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Balance Sheet
Assets
Up$18,551
Up $17,127 (+1203%) from 2021
Net Assets
Up$951
Up $34,527 (+103%) from 2021
Liabilities
Down$17,600
Down $17,400 (-50%) from 2021
Revenue And Expenses
Revenue
Up$78,000
Up $77,034 (+7975%) from 2021
Expenses
Up$43,473
Up $2,893 (+7.1%) from 2021
Net Income
Up$34,527
Up $74,141 (+187%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 5, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $78,000
Mission and Program Overview
Mission
Supports charitable causes and social responsibility.
Support charitable causes and social responsibility.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 8 scholarships were given to universities where the scholarship winning students were enrolled. | $40,000 | $40,000 |
| Donation made to International Medical Corps for the war relief effort in Ukraine | $3,090 | $3,090 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| James Garrant | President | PT | $0 | - | - |
| Elena Escobar | Treasurer | PT | $0 | - | - |
| Rachel Robohm | Secretary | PT | $0 | - | - |
| Mia Watanabe | Assistant Secretary | PT | $0 | - | - |
| Peter Butterfield | Director | PT | $0 | - | - |
| Michael Ellis | Director | PT | $0 | - | - |
| Michael Massaro | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Flywire Charitable Foundation
- EIN
- 84-1922912
- Phone
- 6173294524
- Address
- 141 Tremont St 10th Floor, Boston, MA 02111
Signing Officer
- Name
- Peter Butterfield
- Title
- Director
- Phone
- 6173294524
- Signed
- 2023-05-05
Supplemental Narrative
Additional Explanations
Part I, Line 10
“$40,000 for the scholarships awarded to education institutions where the 8 scholarship winners were enrolled in; $3,090 donation made to the International Medical Corps for the war relief effort in Ukraine.”
Part I, Line 16
“$383 are bank fees”
Part II, Line 20 and Line 24
“Line 20 - $17,600 were prepaid to the School the World effort that took place in 2023, therefore the Prepaid Expenses under the Current Assets of $17,600. Flywire Corporation provided the funding of $17,600 for such effort, and it was booked as Accounts Payable under the Current Liabilities. Therefore the two amounts offset each other and the net amount of 0. Line 24 - $17,600 Prepaid Expenses explained under Part I, Line 20 above.”
Part II, Line 26
“Line 26 - $17,600 Accounts Payable explained under Part I, Line 20 above.”
Raw XML Appendix150 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Flywire Corporation |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6173294524 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 141 Tremont St 10th Floor |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Boston |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02111 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1424 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 951 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 78000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 34527 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1424 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 18551 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 43090 |
| IRS990EZ/GrossReceiptsAmt | 0 | 78000 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -33576 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 951 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -33576 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 951 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | James Garrant |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Elena Escobar |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Rachel Robohm |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Mia Watanabe |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Peter Butterfield |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Michael Ellis |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Michael Massaro |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Assistant Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 17600 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 383 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Support charitable causes and social responsibility. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Donation made to International Medical Corps for the war relief effort in Ukraine |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | 8 scholarships were given to universities where the scholarship winning students were enrolled. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 3090 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 40000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 3090 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 40000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 35000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 17600 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 43473 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 43090 |
| IRS990EZ/TotalRevenueAmt | 0 | 78000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | flywire.com/company/foundation |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 78000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 966 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 25000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 103966 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00930 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.03720 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 966 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 103000 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 78000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 966 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 25000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 103966 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 103966 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | $40,000 for the scholarships awarded to education institutions where the 8 scholarship winners were enrolled in; $3,090 donation made to the International Medical Corps for the war relief effort in Ukraine. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | $383 are bank fees |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Line 20 - $17,600 were prepaid to the School the World effort that took place in 2023, therefore the Prepaid Expenses under the Current Assets of $17,600. Flywire Corporation provided the funding of $17,600 for such effort, and it was booked as Accounts Payable under the Current Liabilities. Therefore the two amounts offset each other and the net amount of 0. Line 24 - $17,600 Prepaid Expenses explained under Part I, Line 20 above. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Line 26 - $17,600 Accounts Payable explained under Part I, Line 20 above. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II, Line 20 and Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Peter Butterfield |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6173294524 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FLYWIRE CHARITABLE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FLYW |
| ReturnHeader/Filer/EIN | 0 | 841922912 |
| ReturnHeader/Filer/PhoneNum | 0 | 6173294524 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 141 Tremont St 10th Floor |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Boston |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02111 |
| ReturnHeader/ReturnTs | 0 | 2023-05-05T14:57:12Z |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $18,551
- Liabilities
- $17,600
- Net assets
- $951
- Revenue
- $78,000
- Expenses
- $43,473
- Net income
- $34,527