Overview
What is Interexchange Inc?
Interexchange Inc, headquartered in New York City, is a nonprofit organization specializing in cultural exchange programs. They offer a range of opportunities, including au pair, work and travel, camp, language, volunteer, professional training, and internship programs, both in the US and worldwide. Interexchange ensures high-quality and diversity among applicants through strategic partnerships with recruiting agencies. Their au pair program connects young adults, aged 18 to 26, with American host families, providing live-in childcare. Interexchange oversees the extensive selection and evaluation process, offering support and ensuring a rewarding cross-cultural experience. Their mission is to promote cultural awareness and international understanding through affordable and exciting exchange programs.
Official website here: www.interexchange.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating from Charity Navigator.
Interexchange Inc demonstrates a strong commitment to accountability and financial management, earning a 96% score, which reflects its robust operational standards. The organization has an independent board that is well-structured, with a majority of members being independent. It has received high scores in various key indicators, such as financial oversight and adherence to conflict of interest policies, contributing to its overall positive rating.
User feedback highlights a high level of satisfaction among participants, particularly noting the supportive and responsive nature of the staff. One client specifically praised Krista for her thorough assistance throughout the application process, illustrating the organization’s commitment to providing guidance and support at each step. This personal touch has made the experience enjoyable and has encouraged users to recommend the program to others.
While the financial ratings and user feedback are overwhelmingly positive, specifics regarding the range of programs and their impact were not detailed in the available information. Overall, Interexchange Inc appears to be a reliable nonprofit with a strong focus on accountability and user satisfaction.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Interexchange Inc legitimate?
Interexchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interexchange Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $986,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,282,289
For more financial information, click here
Official website here: www.interexchange.org
What is the mission statement of Interexchange Inc?
Interexchange Inc is committed to fostering cultural awareness and international understanding through a diverse range of work and travel, camp, language, volunteer, professional training, internship, and au pair programs. Their goal is to offer affordable and exciting cultural exchange opportunities with exceptional support. The organization takes pride in the professionalism and dedication of its staff, many of whom have lived or worked abroad. This global perspective allows Interexchange Inc to provide enriching and rewarding experiences for everyone involved.
Official website here: www.interexchange.org
Who is the CEO of Interexchange Inc?
Lee Andrews is the President/Ceo of Interexchange Inc. The CEO's salary of Interexchange Inc is $257,487 and their total compensation is $287,456.
Official website here: www.interexchange.org
What is the revenue of Interexchange Inc?
Interexchange Inc's revenue in 2022 was $19,679,429.
Official website here: www.interexchange.org
Who are the executives of Interexchange Inc and what are their salaries?
The average compensation at Interexchange Inc during 2022 was $40,971. There are 153 employees and 6 volunteers at Interexchange Inc.
Here are 18 key members and their salaries (Interexchange Inc's CEO's salary is $257,487 and their total compensation is $287,456):
- Compensation: $257,487
- Related: $0
- Other: $29,969
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $135,368
- Related: $0
- Other: $7,735
- Compensation: $169,251
- Related: $0
- Other: $24,082
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $175,100
- Related: $0
- Other: $6,120
- Compensation: $173,661
- Related: $0
- Other: $7,560
- Compensation: $154,624
- Related: $0
- Other: $20,971
- Compensation: $101,687
- Related: $0
- Other: $17,092
- Compensation: $124,807
- Related: $0
- Other: $55,796
- Compensation: $120,720
- Related: $0
- Other: $4,212
- Compensation: $125,308
- Related: $0
- Other: $24,154
Official website here: www.interexchange.org
Where can I find the form 990 for Interexchange Inc?
Interexchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.interexchange.org
Learn more at the official website: www.interexchange.org
Mission Statement of Interexchange Inc
Interexchange Inc, a leading organization in cultural awareness and international understanding, is committed to fostering a diverse and global community through a multitude of programs. With a mission to promote cross-cultural experiences, Interexchange offers an array of work and travel, camp, language, volunteer, professional training, internship, and au pair opportunities within the United States and internationally.
Interexchange's vision is to create affordable and exciting cultural exchange programs, ensuring a rewarding and enriching experience for all participants. Their dedicated staff, many of whom have lived or worked overseas, bring a unique global perspective to their work. By providing an unparalleled level of support, Interexchange empowers individuals to step out of their comfort zones and immerse themselves in new cultures.
Interexchange's programs are designed to bridge cultural divides and build bridges between people from different backgrounds. Through their work and travel programs, participants can gain valuable international experience while sharing their own culture with others. Their language programs offer an opportunity for individuals to learn a new language and engage with native speakers, fostering a deeper understanding of the local culture.
Volunteer opportunities with Interexchange provide a chance for individuals to give back to their host community and make a positive impact. Professional training and internship programs allow participants to gain valuable skills and experience in their chosen field, while the au pair program offers a unique opportunity to live and work as a caregiver in a foreign country. No matter the program, Interexchange is dedicated to ensuring a safe, supportive, and enriching experience for all participants.
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Impact
October, 2024
Interexchange Inc significantly enhances cultural awareness and international understanding through its diverse array of work and travel programs. By offering opportunities such as internships, volunteer placements, professional training, and the Au Pair USA program, it connects individuals across borders, fostering meaningful cross-cultural exchanges.
The Au Pair USA initiative, in particular, allows participants aged 18-26 from various countries to live with American host families, providing live-in childcare while immersing themselves in American life. This arrangement not only meets the childcare needs of families but also enriches the familial environment with different cultural perspectives and language learning opportunities.
Participants are extensively vetted through a rigorous selection process, which includes personal interviews and training in childcare and safety, ensuring a high quality of experience for both au pairs and host families. This strategic approach creates a supportive network, with local coordinators offering ongoing supervision and guidance.
Interexchange’s commitment to maintaining partnerships with recruiting agencies worldwide enhances the diversity of applicants, ensuring that host families and their children benefit from a rich tapestry of cultural exposure. Ultimately, Interexchange Inc's work contributes to a more globally aware and interconnected society, allowing individuals to share experiences and insights that build lasting international relationships.
This information is meant to be a general summary of Interexchange Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $531,050
- Program Service Revenue: $17,824,060
- Gross Receipts: $21,465,826
Assets and Liabilities:
- Total Assets: $33,931,781
- Total Liabilities: $10,917,641
- Net Assets: $23,014,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$17,824,060
Organization Details
Founding Year
1988
Phone
(212) 924-0446Principal Officer
Lee Andrews
Main Address
100 WALL STREET 3RD FL, NEW YORK, NY, 10005
Website
www.interexchange.orgNTEE Category
Code: Q230 - International
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