Overview
What is Forte International Exchange Association?
Forte International Exchange Association is a nonprofit organization located in Falls Church, Virginia. Their primary mission is to facilitate cultural exchange between the United States and various nations globally. This is achieved by hosting international students within American households and enrolling them in local high schools. Simultaneously, American families gain insights into foreign customs and traditions, promoting mutual understanding. Forte International Exchange Association maintains close ties with overseas agents, meticulously selecting students based on age, background, English language proficiency, and attitude, ensuring a successful cultural exchange experience for all parties involved. The organization, with a team of six dedicated individuals, is designated by the U.S. State Department to promote international understanding through educational programs and professional visits.
Official website here: www.forteexchange.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star Rating)
Forte International Exchange Association has received a low rating of 33%, primarily due to significant concerns in accountability and financial transparency. The organization scores particularly poorly in areas such as board independence and governance, with only 33% of board members being independent. This lack of independence raises potential questions about oversight and decision-making within the organization.
While the charity has demonstrated some strengths, such as having no material diversion of assets and a well-managed audit and oversight committee, it fails to meet several critical benchmarks. The absence of a conflict of interest policy and a whistleblower policy indicates weaknesses in ethical governance practices, which are essential for maintaining trust and integrity in nonprofit operations. Additionally, the program expense ratio is notably low at 39.88%, suggesting that a significant portion of funding may not be directed towards programmatic efforts.
Overall, the rating reflects serious deficiencies in governance and financial management, signaling to potential donors and stakeholders the need for improved practices in these areas. Such limitations could impact the organization's ability to fulfill its mission effectively and maintain public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Forte International Exchange Association legitimate?
Forte International Exchange Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forte International Exchange Association 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $456,240
For more financial information, click here
Official website here: www.forteexchange.org/
What is the mission statement of Forte International Exchange Association?
The Forte International Exchange Association, as designated by the U.S. State Department, is committed to promoting cultural exchange among young students from various countries. Through its activities, it provides training and professional visits for foreign groups, aiming to foster mutual understanding and appreciation between the United States and other nations. The association's program allows American host families to welcome international students into their homes, providing them with an immersive experience in American culture, customs, and ideals. Simultaneously, the host families gain insights into the customs, culture, and ideals of the students they host. The Forte International Exchange Association collaborates with overseas agents to carefully select and place suitable students in the international exchange program, ensuring a beneficial experience for all involved.
Official website here: www.forteexchange.org/
Who is the CEO of Forte International Exchange Association?
Mubiao Chen is the President of Forte International Exchange Association.
Official website here: www.forteexchange.org/
What is the revenue of Forte International Exchange Association?
Forte International Exchange Association's revenue in 2022 was $1,812,811.
Official website here: www.forteexchange.org/
Who are the executives of Forte International Exchange Association and what are their salaries?
The average compensation at Forte International Exchange Association during 2022 was $101,040. There are 6 employees at Forte International Exchange Association.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.forteexchange.org/
Where can I find the form 990 for Forte International Exchange Association?
Forte International Exchange Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forteexchange.org/
Learn more at the official website: www.forteexchange.org/
Mission Statement of Forte International Exchange Association
Forte International Exchange Association, as designated by the U.S. State Department, is committed to fostering cultural exchange among young students from various countries. Their mission revolves around promoting mutual understanding between the United States and other nations worldwide. They achieve this by providing training and professional visits for groups of foreign students, allowing them to immerse themselves in American culture, customs, and ideals while staying with American host families and attending high school. In turn, host families gain insights into the customs, culture, and ideals of the students they host. Forte International Exchange Association has established strong partnerships with overseas agents who meticulously screen and select students, ensuring they meet the appropriate age, background, English language skills, and attitude requirements for participating in the international exchange program.
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Impact
July, 2024
Forte International Exchange Association plays a significant role in promoting cultural exchange and mutual understanding among young students from different countries. Through its designated program by the U.S. State Department, Forte facilitates opportunities for students to immerse themselves in American culture, customs, and ideals by living with host families and attending high school in the United States. This experience not only allows students to broaden their perspectives but also enables host families to learn about the customs and culture of the students they host, fostering meaningful cultural exchanges. With close partnerships with overseas agents, Forte carefully selects students with the appropriate age, background, English language skills, and attitude, ensuring a valuable and enriching international exchange program for all participants.
This information is meant to be a general summary of Forte International Exchange Association. 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: $40,882
- Program Service Revenue: $1,771,929
- Gross Receipts: $1,812,811
Assets and Liabilities:
- Total Assets: $4,095,377
- Total Liabilities: $0
- Net Assets: $4,095,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUD EXCH & TRAINING
Revenue
$1,771,929
Organization Details
Founding Year
2001
Principal Officer
Mubiao Chen
Main Address
7115 LEESBURG PIKE STE 217, Falls Church, VA, 22043
Website
www.forteexchange.org/NTEE Category
Code: Q22 - International
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