American Secondary Schools For Internatl Students & Teachers Inc
- Assets
- $5.9m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 13
- Location
- Suffield, CT
- Founding
- 09/1979
- Data as of
- 06/2023
- EIN
- 03-0272890
Organization Overview
American Secondary Schools For Internatl Students & Teachers Inc is located in Suffield, CT. The organization was established in 1979. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, American Secondary Schools For Internatl Students & Teachers Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Secondary Schools For Internatl Students & Teachers Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, American Secondary Schools For Internatl Students & Teachers Inc generated $5.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $4.5m during the year ending 06/2023. While expenses have increased by 1.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST PROVIDES OPPORTUNITIES FOR OUTSTANDING INTERNATIONAL STUDENTS TO ATTEND AND CONTRIBUTE TO THE FINEST AMERICAN INDEPENDENT SECONDARY SCHOOLS IN ORDER TO PROMOTE MUTUAL UNDERSTANDING, CULTURAL INTERCHANGE AND A MORE PEACEFUL WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLACEMENT OF APPROXIMATELY 162 FOREIGN STUDENTS, PRIMARILY THOSE ENTERING THEIR JUNIOR YEAR OF HIGH SCHOOL, INTO INDEPENDENT SECONDARY SCHOOLS IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adriana Leon Director | Trustee | 0.5 | $0 |
Andrew C Pilaro Vice Chair | OfficerTrustee | 0.5 | $0 |
Andrew Wooden Director | Trustee | 0.5 | $0 |
C Joseph Gould Director | Trustee | 0.5 | $0 |
Catherine Tinsley Director | Trustee | 0.5 | $0 |
Cecilie Rohwedder-Horvath Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,229,381 |
| Noncash contributions included in lines 1a–1f | $131,670 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,229,381 |
| Total Program Service Revenue | $3,677,595 |
| Investment income | $91,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $71,686 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,069,879 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $98,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $387,238 |
| Compensation of current officers, directors, key employees. | $142,239 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $460,381 |
| Pension plan accruals and contributions | $34,540 |
| Other employee benefits | $29,651 |
| Payroll taxes | $58,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $64,923 |
| Fees for services: Other | $80,452 |
| Advertising and promotion | $0 |
| Office expenses | $13,470 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,959 |
| Travel | $67,923 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,866 |
| Insurance | $34,957 |
| All other expenses | $46,265 |
| Total functional expenses | $4,519,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $564,065 |
| Savings and temporary cash investments | $1,835,967 |
| Pledges and grants receivable | $494,659 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,875 |
| Net Land, buildings, and equipment | $24,131 |
| Investments—publicly traded securities | $2,927,941 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,873,638 |
| Accounts payable and accrued expenses | $153,341 |
| Grants payable | $0 |
| Deferred revenue | $909,460 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,062,801 |
| Net assets without donor restrictions | $3,331,514 |
| Net assets with donor restrictions | $1,479,323 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,873,638 |