Academic Foundation For International Cultural Exchange
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 390,098 | 321,159 | 68,939 | -2.4 | 54% |
| 2012 | 439,303 | 305,558 | 133,745 | 2.8 | 51% |
| 2013 | 484,658 | 416,542 | 68,116 | 4.0 | 42% |
| 2014 | 377,787 | 405,163 | −27,376 | 3.3 | 48% |
| 2015 | 377,732 | 425,920 | −48,188 | 1.8 | 40% |
| 2016 | 218,704 | 300,063 | −81,359 | -0.7 | 45% |
| 2017 | 262,762 | 228,234 | 34,528 | 0.9 | 45% |
| 2018 | 139,451 | 116,835 | 22,616 | 4.1 | 16% |
| 2019 | 248,587 | 207,704 | 40,883 | -12.5 | 48% |
| 2020 | 69,954 | 181,656 | −111,702 | -21.7 | 55% |
| 2021 | 247,313 | 191,208 | 56,105 | -17.1 | 49% |
| 2022 | 74,712 | 193,523 | −118,811 | -24.3 | 52% |
| 2023 | 113,371 | 239,029 | −125,658 | -25.9 | 42% |
In its most recent public year (2023), this organization spent $125,658 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-25.9 months), down from -2.4 in 2011. Staff pay was 42% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Academic Foundation For International Cultural Exchange's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works