Overview
What is Academic Foundation For International?
The Academic Foundation For International, operating under the alias "Cultural Exchange," is a small nonprofit organization situated in La Jolla, California. With a mission to foster international understanding and cultural awareness, they facilitate secondary school students from various parts of the world to live and study in the United States as part of local families. This immersive experience allows students to gain a firsthand insight into American life while sharing their own culture. The organization encourages cross-cultural activities and visits to significant cultural sites within the U.S., aiming to promote global peace and tolerance. The foundation's work is carried out by a team of 1 dedicated individual.
Official website here: www.afice.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39% (Zero-Star out of Four Star rating)
The Academic Foundation For International has received a low rating of 39% from Charity Navigator, indicating serious concerns in its accountability and financial practices. While the organization does have a fully independent board and has demonstrated no material diversion of assets, there are significant gaps in its governance policies, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention policy.
The foundation's financial metrics also raise alarm, notably a liabilities to assets ratio of 295.45%, which suggests potential financial instability. Additionally, the program expense ratio stands at 52.38%, indicating that less than half of its expenses go directly towards its programs. This proportion could be concerning for potential donors who prioritize direct impact and efficient use of resources.
Overall, while the Academic Foundation For International has some strengths in governance by maintaining a majority independent board, the significant weaknesses in its policies and financial health present serious limitations that prospective supporters should carefully consider.
This AI summary has been generated from information found on Charity Navigator.
Is Academic Foundation For International legitimate?
Academic Foundation For International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academic Foundation For International 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.afice.org
What is the mission statement of Academic Foundation For International?
The Academic Foundation For International was established with a mission to foster international understanding, increase cultural awareness, and advocate for global peace. They achieve this objective by providing secondary school students with the opportunity to live and study in a foreign country, integrating into a local family. Through this immersive experience, students share their culture with their American host families while gaining firsthand insights into life in the United States. Additionally, students engage in cross-cultural activities and visit culturally significant sites, thereby broadening their perspectives and promoting global harmony.
Official website here: www.afice.org
Who is the CEO of Academic Foundation For International?
Kevin Ring is the President of Academic Foundation For International.
Official website here: www.afice.org
What is the revenue of Academic Foundation For International?
Academic Foundation For International's revenue in 2022 was $74,712.
Official website here: www.afice.org
Who are the executives of Academic Foundation For International and what are their salaries?
The average compensation at Academic Foundation For International during 2022 was $100,000. There is 1 employee at Academic Foundation For International.
Here are 7 key members and their salaries:
- Compensation: $200,000
- Related: $0
- Other: $0
- Compensation: $14,400
- 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
Official website here: www.afice.org
Where can I find the form 990 for Academic Foundation For International?
Academic Foundation For International's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afice.org
Learn more at the official website: www.afice.org
Mission Statement of Academic Foundation For International
The Academic Foundation For International, a notable organization, was established with the primary objective of fostering international understanding and cultural awareness. Its mission is uniquely focused on providing secondary school students with the chance to immerse themselves in another country's lifestyle, residing as a family member. By doing so, the foundation aims to promote global peace and mutual respect among diverse cultures.
Through this program, students from various parts of the world have the opportunity to share their culture with their American host families while gaining a firsthand experience of life in the United States. These cross-cultural interactions often extend beyond the home, as students engage in activities that highlight the rich cultural heritage of their host country. Visits to significant cultural sites also form a part of this enriching experience, enabling students to gain a deeper understanding of their host nation's history and traditions.
In summary, the Academic Foundation For International serves as a bridge between different cultures, fostering understanding, and promoting peace by facilitating educational exchanges for secondary school students. By living with local families, these students not only learn about another culture but also contribute to the host community, thereby enhancing global harmony.
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Impact
August, 2024
Academic Foundation For International's impact lies in fostering international understanding, enhancing cultural awareness, and promoting global peace through its program that enables secondary school students to live and study in foreign countries as part of local families. This initiative encourages cultural exchange, deepens cross-cultural understanding, and provides students with invaluable firsthand experiences of different cultures. Through these interactions, the organization helps bridge cultural divides and promotes a more interconnected and peaceful world.
This information is meant to be a general summary of Academic Foundation For International. 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: $46
- Program Service Revenue: $74,513
- Gross Receipts: $74,712
Assets and Liabilities:
- Total Assets: $200,122
- Total Liabilities: $591,291
- Net Assets: -$391,169
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program revenue
Revenue
$74,513
Organization Details
Founding Year
2003
Principal Officer
Kevin Ring
Main Address
7242 La Jolla Blvd, La Jolla, CA, 92037
Website
www.afice.orgNTEE Category
Code: Q22 - International
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