Mentor Group Institute For Intercultural Education Inc is located in Braintree, MA. The organization was established in 1983. According to its NTEE Classification (V35) the organization is classified as: International Studies, under the broad grouping of Social Science and related organizations. As of 12/2021, Mentor Group Institute For Intercultural Education Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mentor Group Institute For Intercultural Education 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 12/2021, Mentor Group Institute For Intercultural Education Inc generated $305.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $826.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT LEGAL AND ECONOMIC STUDIES FOR SCHOLARS AND OFFICIALS OF THE UNITED STATES AND EUROPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MENTOR GROUP INSTITUTE CONDUCTS LEGAL AND ECONOMIC STUDIES FOR SCHOLARS AND OFFICIALS OF THE UNITED STATES AND EUROPE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerta Zhebo Program Director | 40 | $164,953 | |
Dr Mark Kosmo CFO | OfficerTrustee | 40 | $84,000 |
Dr Simone Adams Secretary/clerk | OfficerTrustee | 1 | $0 |
Mr Thomas Kosmo President | OfficerTrustee | 40 | $0 |
Nathaniel Harrison Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $674,522 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $100,975 |
All other contributions, gifts, grants, and similar amounts not included above | $258,132 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,033,629 |
Total Program Service Revenue | $0 |
Investment income | $430 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$728,729 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $305,330 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $84,000 |
Compensation of current officers, directors, key employees. | $16,800 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $337,844 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,577 |
Payroll taxes | $32,520 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,173 |
Advertising and promotion | $0 |
Office expenses | $52,402 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $56,723 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,337 |
Interest | $3,575 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $114,411 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $826,703 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $118,251 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $80,000 |
Loans from Officers, Directors, or Controlling Persons | $936,543 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $10,502 |
Investments—publicly traded securities | $0 |
Investments—other securities | $176,264 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,321,560 |
Accounts payable and accrued expenses | $37,762 |
Grants payable | $0 |
Deferred revenue | $120,000 |
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 | $2,145 |
Unsecured mortgages and notes payable | $494,256 |
Other liabilities | $84,539 |
Total liabilities | $738,702 |
Net assets without donor restrictions | $582,858 |
Net assets with donor restrictions | $0 |
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 | $1,321,560 |
Over the last fiscal year, we have identified 1 grants that Mentor Group Institute For Intercultural Education Inc has recieved totaling $43,502.
Awarding Organization | Amount |
---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $43,502 |
Organization Name | Assets | Revenue |
---|---|---|
International Studies Association Storrs, CT | $6,132,131 | $2,735,912 |
Mentor Group Institute For Intercultural Education Inc Braintree, MA | $1,321,560 | $305,330 |
Henry Jackson Society Inc New York, NY | $888,166 | $513,702 |
New Netherland Institute Albany, NY | $1,236,017 | -$8,766 |
Israel Colloquium Inc Rye Brook, NY | $162,480 | $142,319 |
Seminar On The Acquisition Of Latin American Library Materials Hudson, NY | $1,500,020 | $122,726 |
Jihad Watch Manchester, NH | $161,258 | $56,128 |
World Affairs Council Of The Mid-Hudson Valley Inc Hyde Park, NY | $22,027 | $0 |