Civic Intelligence

Foundation for Academic Cultural Exchange

990 • Fiscal year 2014 • EIN 94-3029085

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 08, 2014

Organization ProfileN/A
855 Pennsylvania Dr89503

(775) 624-9143

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.34x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.26x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

61st percentile

$42,000

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

98th percentile

250%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$111,499

Up $79,670 (+250%) from 2013

Net Assets

Down

-$37,749

Down $62,412 (-253%) from 2013

Liabilities

Up

$149,248

Up $142,082 (+1983%) from 2013

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin19th percentile

Revenue

Down

$573,531

Down $240,490 (-30%) from 2013

Expenses

Down

$635,943

Down $156,746 (-20%) from 2013

Net Income

Down

-$62,412

Down $83,744 (-393%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2012: $131,329Liabilities 2012: $127,998Net Assets 2012: $3,3312012Assets 2013: $31,829Liabilities 2013: $7,166Net Assets 2013: $24,6632013Assets 2014: $111,499Liabilities 2014: $149,248Net Assets 2014: -$37,7492014Assets 2015: $277,177Liabilities 2015: $199,181Net Assets 2015: $77,9962015Assets 2016: $197,777Liabilities 2016: $159,119Net Assets 2016: $38,6582016Assets 2017: $158,715Liabilities 2017: $120,849Net Assets 2017: $37,8662017Assets 2018: $163,591Liabilities 2018: $137,835Net Assets 2018: $25,7562018Assets 2019: $132,633Liabilities 2019: $109,699Net Assets 2019: $22,9342019Assets 2020: $46,820Liabilities 2020: $29,450Net Assets 2020: $17,3702020Assets 2021: $87,863Liabilities 2021: $61,442Net Assets 2021: $26,4212021Assets 2022: $86,756Liabilities 2022: $90,806Net Assets 2022: -$4,0502022Assets 2023: $92,815Liabilities 2023: $93,254Net Assets 2023: -$4392023Assets 2024: $142,317Liabilities 2024: $126,746Net Assets 2024: $15,5712024Assets 2025: $119,823Liabilities 2025: $83,827Net Assets 2025: $35,9962025

Highlighted filing

2014

Assets$111,499
Liabilities$149,248
Net Assets-$37,749
Open 2014 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2012: $543,616Expenses 2012: $601,758Net Income 2012: -$58,1422012Revenue 2013: $814,021Expenses 2013: $792,689Net Income 2013: $21,3322013Revenue 2014: $573,531Expenses 2014: $635,943Net Income 2014: -$62,4122014Revenue 2015: $601,600Expenses 2015: $535,856Net Income 2015: $65,7442015Revenue 2016: $453,015Expenses 2016: $492,353Net Income 2016: -$39,3382016Revenue 2017: $360,679Expenses 2017: $361,471Net Income 2017: -$7922017Revenue 2018: $303,434Expenses 2018: $315,544Net Income 2018: -$12,1102018Revenue 2019: $320,939Expenses 2019: $323,761Net Income 2019: -$2,8222019Revenue 2020: $266,340Expenses 2020: $271,904Net Income 2020: -$5,5642020Revenue 2021: $85,625Expenses 2021: $76,574Net Income 2021: $9,0512021Revenue 2022: $66,994Expenses 2022: $97,465Net Income 2022: -$30,4712022Revenue 2023: $109,538Expenses 2023: $96,475Net Income 2023: $13,0632023Revenue 2024: $116,090Expenses 2024: $100,080Net Income 2024: $16,0102024Revenue 2025: $136,660Expenses 2025: $116,235Net Income 2025: $20,4252025

Highlighted filing

2014

Revenue$573,531
Expenses$635,943
Net Income-$62,412
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 8, 2014
Return Version
2013v3.1
Gross Receipts
$573,531
Mission and Program Overview

Mission

The Foundation is a nonprofit international high school student exchange organization. The goal is to promote cultural understanding between people of the United States and other countries around the world through student exchanges.

The Foundation for Academic Cultural Exchange (FACE) is a nonprofit international high school student exchange organization. Our goal is to promote cultural understanding between people of the United States and other countries around the world through student exchanges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,829$90,463▲ $58,634
Prepaid Expenses and Deferred Charges-$8,112-
Savings and Temporary Cash Investments-$7,930-
Land, Buildings, and Equipment, Net-$4,994-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$31,829$111,499▲ $79,670
Other Assets Total-$0-
Liabilities
Deferred Revenue-$145,661-
Accounts Payable and Accrued Expenses$7,166$3,586▼ $3,580
Other Liabilities-$1-
Total Liabilities$7,166$149,248▲ $142,082
Net Assets / Fund Balance
Unrestricted Net Assets$24,663$-37,749▼ $62,412
Total Net Assets Fund Balance$24,663$-37,749▼ $62,412
Total Liabilities and Net Assets / Fund Balance$31,829$111,499▲ $79,670

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$146$24-
Equipment$4,848$917-
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard WisemanDirectorFT$42,000-$42,000
Richard MossCEOPT$19,455$19,455$19,455
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$573,523
Investment Income
$8
Other Revenue
$0
Change in Net Assets
$-62,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$590,730
Salaries, Compensation, and Employee Benefits$45,213
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,800$4,200-$42,000
Fees for Services Management$17,510$1,945-$19,455
Office Expenses$12,585$1,398-$13,983
Fees for Services Accounting$6,128$681-$6,809
Fees for Services Legal$6,037$671-$6,708
Insurance$3,551$394-$3,945
Payroll Taxes$2,892$321-$3,213
Other Expenses$1,625$318-$1,625
Travel$1,285$143-$1,428
Depreciation Depletion$847$94-$941
Advertising$505--$505
Total Functional Expenses$625,353$10,590$0$635,943
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“IRS.GOV/tax-exempt/annual reporting & filingwww2.guidestar.org”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No other documents are available to the general public, except Form 990.”

Filing and Contact Details

Filer

EIN
94-3029085
Phone
7756249143

Signing Officer

Name
Richard Wiseman
Title
Director
Signed
2014-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Wiseman
Formed
1986
Legal Domicile
Nv
Voting Board Members
1
Independent Board Members
0
Employees
4

Preparer

Preparer
Fred S Gonzalez Ea
Phone
3103715699
Supplemental Narrative

Additional Explanations

Line 24A, Part IX, Form 990-other Expenses

“Total program managementarea coordinators placement fees 88,461 88,461 0 area cooridnators expenses 2,453 2,453 0 host family expenses 146,503 146,503 0orientation program expenses 150 150 0private school expense 28,032 28,032 0student activities expense 380 380 0student insurance epxense 34,622 34,622 0tuition expense 227,154 227,154 0referral fees expense 150 150 0 totals 527,905 527,905 ======= ========”

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03054330
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt04848
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0917
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05765
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0146
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0170
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04994
IRS990ScheduleD/TotalLiabilityAmt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt019455
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RICHARD MOSS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt019455
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IRS.GOV/tax-exempt/annual reporting & filingwww2.guidestar.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No other documents are available to the general public, except Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TOTAL PROGRAM MANAGEMENTAREA COORDINATORS PLACEMENT FEES 88,461 88,461 0 AREA COORIDNATORS EXPENSES 2,453 2,453 0 HOST FAMILY EXPENSES 146,503 146,503 0ORIENTATION PROGRAM EXPENSES 150 150 0PRIVATE SCHOOL EXPENSE 28,032 28,032 0STUDENT ACTIVITIES EXPENSE 380 380 0STUDENT INSURANCE EPXENSE 34,622 34,622 0TUITION EXPENSE 227,154 227,154 0REFERRAL FEES EXPENSE 150 150 0 TOTALS 527,905 527,905 ======= ========
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3LINE 24A, PART IX, FORM 990-OTHER EXPENSES
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0111499
IRS990/TotalAssetsGrp/BOYAmt031829
IRS990/TotalAssetsGrp/EOYAmt0111499
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010590
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0625353
IRS990/TotalFunctionalExpensesGrp/TotalAmt0635943
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07166
IRS990/TotalLiabilitiesEOYAmt0149248
IRS990/TotalLiabilitiesGrp/BOYAmt07166
IRS990/TotalLiabilitiesGrp/EOYAmt0149248
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt024663
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-37749
IRS990/TotalProgramServiceExpensesAmt0625353
IRS990/TotalProgramServiceRevenueAmt0573523
IRS990/TotalReportableCompFromOrgAmt061455
IRS990/TotalRevenueGrp/ExclusionAmt08
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0573523
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0573531
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031829
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0111499
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt0143
IRS990/TravelGrp/ProgramServicesAmt01285
IRS990/TravelGrp/TotalAmt01428
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt024663
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-37749
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10855 PENNSYLVANIA DR
IRS990/USAddress/City0RENO
IRS990/USAddress/State0NV
IRS990/USAddress/ZIPCode089503
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD WISEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-08
ReturnHeader/Filer/BusinessName/BusinessNameLine10FOUNDATION FOR ACADEMIC CULTURAL
ReturnHeader/Filer/BusinessName/BusinessNameLine20EXCHANGE
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0943029085
ReturnHeader/Filer/PhoneNum07756249143
ReturnHeader/Filer/USAddress/AddressLine10855 PENNSYLVANIA DR
ReturnHeader/Filer/USAddress/City0RENO
ReturnHeader/Filer/USAddress/State0NV
ReturnHeader/Filer/USAddress/ZIPCode089503
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10FSG Business Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine103820 Del Amo Blvd Suite 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Torrance
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode090503
ReturnHeader/PreparerPersonGrp/PhoneNum03103715699
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRED S GONZALEZ EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-09-08T14:45:55-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$111,499
Liabilities
$149,248
Net assets
-$37,749
Revenue
$573,531
Expenses
$635,943
Net income
-$62,412
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.20$0.84$0.36$1.37$1.16$0.20
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$1.27$0.16$1.16$1.00$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.93$0.00$1.10$0.96$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.91$0.04$0.67$0.97$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.61$0.26$0.86$0.77$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.29$0.17$2.66$2.72$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$1.10$0.23$3.21$3.24$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$1.38$0.26$3.03$3.16$0.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$1.21$0.38$3.61$3.61$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$1.59$0.39$4.53$4.92$0.39
2015Detailed filing. Detailed filing data is available for this year.$2.77$1.99$0.78$6.02$5.36$0.66
2014Detailed filing. Detailed filing data is available for this year.$1.11$1.49$0.38$5.74$6.36$0.62
2013Summary only. Only limited summary data is available for this year.$0.32$0.07$0.25$8.14$7.93$0.21
2012Summary only. Only limited summary data is available for this year.$1.31$1.28$0.03$5.44$6.02$0.58
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $500k-$1M nonprofits