Friends Of Education Exchange Ltd

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271164324 ✦ Ann arbor, MI ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Education Exchange Ltd?

Friends of Education Exchange Ltd is a nonprofit organization dedicated to supporting students from Asia studying at various universities, including the University of Michigan. They extend their assistance to Penrickton School in Seattle and Education Exchange Ltd, as well as disadvantaged student funds at Towson University and the University of South Australia. The organization covers expenses related to health insurance, FICA, travel, and meals, and also pays licensing and liability insurance fees. Their mission is to provide essential support to students, ensuring they have the resources they need for a successful academic journey.


Official website here: www.friendsofeducationexchangeltd.org

Is Friends Of Education Exchange Ltd legitimate?

Friends Of Education Exchange Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Education Exchange Ltd submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.friendsofeducationexchangeltd.org

What is the mission statement of Friends Of Education Exchange Ltd?

Friends of Education Exchange Ltd is an organization dedicated to supporting students from Asia studying at the University of Michigan. Beyond this, they extend their assistance to Penrickton School, the University of Washington in Seattle, and Education Exchange Ltd. Additionally, they contribute to disadvantaged student funds at Towson University and the University of South Australia. The organization's activities involve covering health insurance and FICA costs, travel and meal expenses, and licensing fees, totaling approximately $2,384. Furthermore, they invest in liability insurance to ensure the safety and well-being of the students they serve.


Official website here: www.friendsofeducationexchangeltd.org

What is the revenue of Friends Of Education Exchange Ltd?

Friends Of Education Exchange Ltd's revenue in 2023 was $195,650.


Official website here: www.friendsofeducationexchangeltd.org

Who are the executives of Friends Of Education Exchange Ltd and what are their salaries?

Here are 3 key members and their salaries:


Gunter Dufey Phd (Trustee And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eun Ja Yu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Karnani Mba (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsofeducationexchangeltd.org

Where can I find the form 990EZ for Friends Of Education Exchange Ltd?

Friends Of Education Exchange Ltd's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.friendsofeducationexchangeltd.org

Learn more at the official website: www.friendsofeducationexchangeltd.org

Mission Statement of Friends Of Education Exchange Ltd

Friends of Education Exchange, a nonprofit organization, plays a significant role in supporting students hailing from Asia who are pursuing their studies at the University of Michigan. Beyond this, the organization extends its aid to Penrickton School located in the University of Washington, Seattle, and Education Exchange Ltd. In addition, Friends of Education Exchange contributes to disadvantaged student funds at Towson University and the University of South Australia. To fulfill their responsibilities, the organization incurs expenses such as health insurance and FICA, amounting to $1,069, as well as travel and bus meal expenses totaling $1,920. Additionally, they pay licensing fees of $25 and liability insurance costs of $380. In summary, Friends of Education Exchange is dedicated to assisting Asian students at the University of Michigan, as well as offering support to various educational institutions and disadvantaged student funds at various universities.

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Impact




October, 2024

Friends Of Education Exchange Ltd significantly impacts the educational landscape for Asian students at the University of Michigan by providing essential support and resources. This organization facilitates a smoother transition for international students by offering assistance that enhances their academic experience and personal well-being.

Moreover, the charity extends its reach to several educational institutions including Penrickton School and the University of Washington in Seattle, addressing diverse needs within those communities. Through its support for disadvantaged student funds at Towson University and the University of South Australia, the organization actively works to level the playing field for students facing financial challenges.

The organization also manages essential operational costs, ensuring that it can continue to provide these critical services, which further reflects its commitment to fostering educational equity and support for international and underprivileged students. This multifaceted approach not only aids individual students but also strengthens the broader educational ecosystem.




This information is meant to be a general summary of Friends Of Education Exchange Ltd. 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.

Revenue
$195,650 (2023)
Expenses
$224,020 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,920
  • Gross Receipts: $195,650

Assets and Liabilities:

  • Total Assets: $204,141
  • Total Liabilities: $0
  • Net Assets: $204,141

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Organization Details

Principal Officer

Eun Ja Yu

NTEE Category

Code: Q20 - International

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