Overview
What is American Cultural Exchange Service?
The American Cultural Exchange Service (ACES) is a nonprofit organization situated in Bellevue, Washington. Their primary focus is to foster international understanding and cultural exchange by hosting high school students from abroad for either a semester or an academic year. They have cultivated relationships with international partners to expand their program offerings, benefiting both foreign and American students. The mission of ACES is to provide high-quality international educational and cultural exchange experiences, believing that interaction is key to truly understanding different peoples and promoting global peace. The organization currently employs 9 individuals.
Official website here: www.exploretheworld.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating
The American Cultural Exchange Service has received an impressive 89% score from Charity Navigator, which reflects a strong commitment to accountability and finance. With a focus solely on this aspect, the organization has achieved full marks in key areas, including a majority of independent board members and a comprehensive financial audit. This rating indicates a well-managed nonprofit that adheres to high standards of financial responsibility.
Strengths include a Program Expense Ratio of 91.06%, which suggests that a significant portion of its funds is directed toward its programs rather than administrative costs. The organization has also put robust policies in place regarding conflict of interest, whistleblower protections, and document retention, contributing to its positive financial health and governance.
However, while the organization excels in financial accountability, further information on its programs and impact would enhance understanding of its overall effectiveness. The fixed salaries of its key personnel appear significant, which may raise questions in some circles about the allocation of resources. Overall, the American Cultural Exchange Service demonstrates strong governance, but potential donors may seek more details regarding its programmatic outcomes.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about American Cultural Exchange Service?
94% of 21 reviewers on Facebook recommend the American Cultural Exchange Service. Here is a summary of their reviews:
The sentiment surrounding the organization is predominantly positive, with many expressing an appreciation for the cultural enrichment it provides. Although the reviews are limited, the overall praise indicates that users find value in the services offered.
One review, although marked as not recommended, still reflects a personal fondness for the organization, which suggests that even followers have a strong connection to its mission and community. Overall, the nonprofit appears to resonate well with its supporters.
This AI summary has been generated from reviews found on Facebook.
Is American Cultural Exchange Service legitimate?
American Cultural Exchange Service is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Cultural Exchange Service 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: $316,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,741
For more financial information, click here
Official website here: www.exploretheworld.org
What is the mission statement of American Cultural Exchange Service?
The American Cultural Exchange Service (ACES) is dedicated to fostering international understanding through cultural and educational exchange programs. Their mission is to provide high-quality exchange experiences for individuals from the United States and foreign countries, with the belief that interactions are key to truly understanding each other, establishing friendships, and promoting global peace. ACES hosts foreign high school students for either one academic semester or a full year, and has established relationships with overseas partners to expand their program offerings to both foreign and American students.
Official website here: www.exploretheworld.org
Who is the CEO of American Cultural Exchange Service?
Yongqian Li is the President, Treasurer of American Cultural Exchange Service.
Official website here: www.exploretheworld.org
What is the revenue of American Cultural Exchange Service?
American Cultural Exchange Service's revenue in 2022 was $1,669,779.
Official website here: www.exploretheworld.org
Who are the executives of American Cultural Exchange Service and what are their salaries?
The average compensation at American Cultural Exchange Service during 2022 was $50,451. There are 9 employees and 2 volunteers at American Cultural Exchange Service.
Here are 4 key members and their salaries:
- Compensation: $135,690
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $135,690
- Related: $0
- Other: $0
Official website here: www.exploretheworld.org
Where can I find the form 990 for American Cultural Exchange Service?
American Cultural Exchange Service's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.exploretheworld.org
Learn more at the official website: www.exploretheworld.org
Mission Statement of American Cultural Exchange Service
The American Cultural Exchange Service, abbreviated as ACES, is committed to fostering global understanding through culturally and educationally enriching exchange programs. Their mission is to offer top-notch international educational and cultural experiences to individuals from both the United States and foreign countries. ACES believes that direct interaction is the key to truly understanding different peoples, establishing friendships, and promoting world peace. To achieve this, they have engaged in hosting foreign high school students for either a semester or an entire year, thereby establishing relationships with overseas partners to expand their program offerings for both American and international students.
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Impact
July, 2024
American Cultural Exchange Service has a significant impact on promoting international understanding through cultural and educational exchange programs. By hosting foreign high school students for academic semesters or years, ACES facilitates meaningful interactions and friendships between individuals from the U.S. and foreign countries. Through their efforts, ACES contributes to global understanding and promotes world peace by fostering relationships and building bridges between people of different backgrounds.
This information is meant to be a general summary of American Cultural Exchange Service. 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: $1,644
- Program Service Revenue: $480,912
- Gross Receipts: $1,669,779
Assets and Liabilities:
- Total Assets: $1,390,063
- Total Liabilities: $260,967
- Net Assets: $1,129,096
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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
$480,912
Organization Details
Founding Year
1995
Phone
(425) 453-2237Principal Officer
Yongqian Li
Main Address
1 LAKE BELLEVUE DR 200, BELLEVUE, WA, 98005
Website
www.exploretheworld.orgNTEE Category
Code: B99 - Education
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