Overview
What is Ef Educational Foundation For Foreign Study A Non-Profit Corporation?
EF Educational Foundation for Foreign Study is a Massachusetts-based non-profit organization with a mission to foster cultural awareness through international student exchange. They specialize in organizing and administering a teenage educational exchange visitor program, where foreign students are placed with host families while attending high school in the United States. The foundation's activities aim to bring students from diverse backgrounds together, promoting cross-cultural understanding and long-lasting friendships. With a team of 101 employees, they work diligently to ensure successful placements and support for both students and host families.
Official website here: www.efexchangeyear.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Ef Educational Foundation For Foreign Study has received a Three-Star rating from Charity Navigator, which signifies a solid level of accountability and finance management, primarily focused on its financial practices. The foundation boasts an impressive program expense ratio of 97.77%, indicating that a large portion of its funds is directed toward its mission-driven programs. Additionally, it has a high percentage of independent board members and has successfully maintained an audit for its financial statements.
However, there are some areas for improvement. Notably, the organization lacks a whistleblower policy, which can be crucial for fostering an environment of transparency and accountability. Furthermore, the liabilities to assets ratio is relatively high at 74.09%, suggesting potential concerns about financial sustainability. Overall, while the foundation demonstrates strong governance and financial practices, addressing these limitations could enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ef Educational Foundation For Foreign Study A Non-Profit Corporation legitimate?
Ef Educational Foundation For Foreign Study A Non-Profit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ef Educational Foundation For Foreign Study A Non-Profit Corporation 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: $817,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,054,151
For more financial information, click here
Official website here: www.efexchangeyear.org
What is the mission statement of Ef Educational Foundation For Foreign Study A Non-Profit Corporation?
The Ef Educational Foundation for Foreign Study is a non-profit organization committed to fostering cultural awareness through international student exchange. By organizing and administering a teenage educational exchange program, this foundation screens and places foreign students with host families, allowing them to attend high schools in the United States. This initiative contributes to intercultural understanding and promotes global citizenship. Through this immersive experience, participants gain valuable insights into different cultures and broaden their horizons. The foundation's mission extends beyond cultural exchange, as it also provides opportunities for personal growth and educational development for the foreign students involved.
Official website here: www.efexchangeyear.org
Who is the CEO of Ef Educational Foundation For Foreign Study A Non-Profit Corporation?
Robert Fredette Jr is the President/Director of Ef Educational Foundation For Foreign Study A Non-Profit Corporation.
Official website here: www.efexchangeyear.org
What is the revenue of Ef Educational Foundation For Foreign Study A Non-Profit Corporation?
Ef Educational Foundation For Foreign Study A Non-Profit Corporation's revenue in 2022 was $17,811,257.
Official website here: www.efexchangeyear.org
Who are the executives of Ef Educational Foundation For Foreign Study A Non-Profit Corporation and what are their salaries?
The average compensation at Ef Educational Foundation For Foreign Study A Non-Profit Corporation during 2022 was $77,935. There are 101 employees and 867 volunteers at Ef Educational Foundation For Foreign Study A Non-Profit Corporation.
Here are 13 key members and their salaries:
- Compensation: $325,482
- Related: $0
- Other: $27,131
- Compensation: $4,060
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $90,500
- Related: $0
- Other: $4,875
- Compensation: $136,524
- Related: $0
- Other: $11,380
- Compensation: $193,111
- Related: $0
- Other: $11,406
- Compensation: $172,787
- Related: $0
- Other: $26,307
- Compensation: $135,414
- Related: $0
- Other: $17,426
Official website here: www.efexchangeyear.org
Where can I find the form 990 for Ef Educational Foundation For Foreign Study A Non-Profit Corporation?
Ef Educational Foundation For Foreign Study A Non-Profit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.efexchangeyear.org
Learn more at the official website: www.efexchangeyear.org
Mission Statement of Ef Educational Foundation For Foreign Study A Non-Profit Corporation
EF Educational Foundation for Foreign Study, a non-profit organization, is committed to fostering cultural understanding through international student exchange programs. Their mission is geared towards encouraging cultural awareness by bringing students from different parts of the world to study in the United States. The foundation meticulously organizes and administers a teenage educational exchange visitor program. By carefully screening and placing foreign students with host families, EF ensures that these students have the opportunity to attend high schools in the U.S. and immerse themselves in American culture. This cultural exchange not only benefits the students but also enriches the lives of their host families and the local communities. Through this program, EF Educational Foundation for Foreign Study contributes to the development of a global network of future leaders who have gained valuable experiences and insights from their time in the United States.
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Impact
October, 2024
EF Educational Foundation For Foreign Study significantly impacts cultural awareness and international education by facilitating exchanges between foreign students and host families in the United States. By organizing and overseeing a teenage educational exchange program, the foundation fosters an environment where students live and study in a new cultural context, enhancing their educational experiences and personal growth.
Through its efforts, the foundation promotes cross-cultural understanding and friendships that extend beyond borders. By screening and placing foreign students with host families, it not only enriches the lives of the students but also provides American families with the unique opportunity to learn about different cultures and perspectives. This two-way exchange enhances global citizenship among participants and encourages a more interconnected world. Overall, the foundation plays a vital role in shaping the future by championing international education and cultural exchange.
This information is meant to be a general summary of Ef Educational Foundation For Foreign Study A Non-Profit Corporation. 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.
- Program Service Revenue: $17,811,257
- Gross Receipts: $17,811,257
Assets and Liabilities:
- Total Assets: $3,689,283
- Total Liabilities: $2,733,660
- Net Assets: $955,623
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$17,811,257
Organization Details
Founding Year
1981
Phone
(617) 619-1000Principal Officer
Robert Fredette Jr
Main Address
ONE EDUCATION STREET, CAMBRIDGE, MA, 02141
Website
www.efexchangeyear.orgNTEE Category
Code: Q230 - International
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