Overseas Schools Assistance Corporation
- Assets
- $9.5m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Berlin, MA
- Founding
- 10/1987
- Data as of
- 02/2024
- EIN
- 04-2955021
Organization Overview
Overseas Schools Assistance Corporation is located in Berlin, MA. The organization was established in 1987. 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 02/2024, Overseas Schools Assistance Corporation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Overseas Schools Assistance Corporation 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 02/2024, Overseas Schools Assistance Corporation generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $2.2m during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVEMENT OF EDUCATION OVERSEAS THROUGH DEVELOPMENT AND PROMOTION OF PROGRAMS FOR AND IN SUPPORT OF INTERNATIONAL EDUCATION AND THROUGH DISSEMINATION OF INFORMATION AND TRAINING PROGRAMS FOR PRINCIPALS AND TEACHERS OF INTERNATIONAL SCHOOLS.
Describe the Organization's Program Activity:
TRAINING PROGRAMS - TO PROMOTE, DEVELOP, AND IMPLEMENT PROGRAMS FOR AND IN SUPPORT OF STUDY AND EDUCATION IN INTERNATIONAL SCHOOLS. THIS PROGRAM PROVIDES PROFESSIONAL DEVELOPMENT AND TRAINING PROGRAMS FOR INTERNATIONAL EDUCATORS (COURSES) AND PROFESSIONAL ADVISING FOR INTERNATIONAL SCHOOLS (CONSULTING). THE PRINCIPALS TRAINING CENTER FOR INTERNATIONAL SCHOOL LEADERSHIP (PTC) IS A TRAINING PROGRAM FOR CURRENT AND ASPIRING PRINCIPALS AND SCHOOL LEADERS WORKING IN INTERNATIONAL SCHOOLS THROUGHOUT THE WORLD. MOST PROGRAMS ARE OFFERED AS SEVEN-DAY TRAINING SESSIONS IN JUNE AND JULY ON SITE AND ONLINE. THE REST OF THE YEAR, MAINLY ONLINE COURSES ARE HELD FOR TEACHER LEADERS (TLI), SCHOOL COUNSELORS (CTC), EAL SPECIALISTS AND SCHOOL BOARD MEMBERS (GTC). THE WORKSHOPS ARE DESIGNED USING CAREFULLY RESEARCHED AND UPDATED CURRICULUM DEVELOPED BY THE PTC TO ENSURE THE BEST OUTCOMES FOR EDUCATORS AND SCHOOLS.
NEWSPAPER PUBLISHING AND WEBSITE - TO PROMOTE AND SUPPORT AND DISSEMINATE INFORMATION ABOUT INTERNATIONAL EDUCATION AND SUPPORT SCHOOL RECRUITMENT OF EDUCATORS (JOB SEEKERS) WITH JOB LISTINGS AND TOOLS FOR JOB SEEKERS. THIS IS ACCOMPLISHED THROUGH PUBLICATION OF A DIGITAL ONLINE NEWSPAPER (THE INTERNATIONAL EDUCATOR) AND MAINTENANCE OF A WEBSITE FOR INDIVIDUALS SUCH AS TEACHERS AND ADMINISTRATORS OF INTERNATIONAL SCHOOLS WHO NEED TO KEEP INFORMED ABOUT THEIR PROFESSION AND SHARE IDEAS AND EXPERIENCES OF EDUCATION OVERSEAS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bambi Betts President/ceo | OfficerTrustee | 40 | $243,000 |
Brittany Betts Director | Trustee | 40 | $168,000 |
Cameron Betts Treasurer | OfficerTrustee | 15 | $72,000 |
Tiffani Razavi Director | Trustee | 15 | $60,000 |
Emmanuel Pavlos Director | Trustee | 1 | $0 |
Fla Lewis Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Turnberry Isle Miami Host Ptc Sessions Miami-summer 2019, 202 | 2/28/20 | $640,132 |
De Vere Selsden Estate Host Ptc Summer 2019 Sessions London | 2/28/20 | $376,639 |
De Vere Selsden Estate Host Ptc Summer 2019 Sessions London | 2/28/20 | $376,639 |
Turnberry Isle Miami Host Ptc Sessions Miami-summer 2019, 202 | 2/28/20 | $640,132 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,698,419 |
| Investment income | $97,103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$32,002 |
| Net Gain/Loss on Asset Sales | $206,384 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,969,904 |
| 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. | $659,000 |
| Compensation of current officers, directors, key employees. | $138,390 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $458,796 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,829 |
| Payroll taxes | $66,477 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,162 |
| Advertising and promotion | $62,309 |
| Office expenses | $17,437 |
| Information technology | $48,561 |
| Royalties | $0 |
| Occupancy | $11,708 |
| Travel | $112,300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $133,563 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,256 |
| Insurance | $1,982 |
| All other expenses | $0 |
| Total functional expenses | $2,218,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,457 |
| Savings and temporary cash investments | $3,002,469 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,984 |
| Loans from Officers, Directors, or Controlling Persons | $194,580 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $184,494 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $75,687 |
| Net Land, buildings, and equipment | $465,762 |
| Investments—publicly traded securities | $4,915,627 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,520,060 |
| Accounts payable and accrued expenses | $75,462 |
| Grants payable | $0 |
| Deferred revenue | $1,542,641 |
| 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 | $1,618,103 |
| Net assets without donor restrictions | $7,901,957 |
| 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 | $9,520,060 |
Grants Awarded
Over the last fiscal year, Overseas Schools Assistance Corporation has awarded $8,719,996 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN OF HAITI AND REFUGEE PROJE PURPOSE: SEE PART IV | $3,088,852 |
CHILDREN OF HAITI AND REFUGEE PROJE PURPOSE: SEE PART IV | $3,357,533 |
CHILDREN OF HAITI AND REFUGEE PROJE PURPOSE: SEE PART IV | $2,273,611 |