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 02/2022, Overseas Schools Assistance Corporation employed 12 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 02/2022, Overseas Schools Assistance Corporation generated $3.5m 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 (8.5%) each year. All expenses for the organization totaled $1.9m during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 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
2022
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, AND PROFESSIONAL ADVISING FOR INTERNATIONAL SCHOOLS. 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. IN ADDITION, THE TEACHERS TRAINING CENTER (TTC) AND THE COUNSELOR TRAINING CENTER (CTC) OFFER FIVE-DAY PROFESSIONAL DEVELOPMENT WORKSHOPS FOR TEACHERS, TEACHER LEADERS AND COUNSELORS EACH JUNE AND JULY, TO ASSIST IN IMPROVING THEIR PERFORMANCE AND EFFECTIVENESS. THE TTC ALSO OFFERS TWO-DAY INTENSE WORKSHOPS EACH FALL AND SPRING FOR TEACHER LEADERS FROM INTERNATIONAL SCHOOLS. A NEWER PROGRAM NOW OFFERS ENGLISH AS AN ADDITIONAL LANGUAGE (EAL) INSTRUCTORS THREE-MONTH ONLINE SESSIONS IN THE FALL AND SPRING. ALL THESE WORKSHOPS ARE DESIGNED USING CAREFULLY RESEARCHED AND CURRENT CURRICULUM DEVELOPED BY PTC TO ENSURE THE BEST OUTCOMES FOR INTERNATIONAL EDUCATORS, SCHOOLS AND STUDENTS AND IMPROVE THE INTERNATIONAL EDUCATION EXPERIENCE WORLDWIDE.
NEWSPAPER PUBLISHING AND WEBSITE - TO PROMOTE AND SUPPORT AND DISSEMINATE INFORMATION ABOUT INTERNATIONAL EDUCATION. THIS IS ACCOMPLISHED THROUGH PUBLICATION OF A 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. WE ALSO FEATURE LISTINGS OF HUNDREDS OF TEACHING AND ADMINISTRATION EMPLOYMENT OPPORTUNITIES IN SCHOOLS THROUGHOUT THE WORLD, EDUCATIONAL SERVICES, CONFERENCES, ETC.
GRANT TO CHILDREN OF HAITI AND REFUGEE PROJECTS, INC (COHRP) - THIS WAS A GRANT MADE BY OVERSEAS SCHOOLS ASSISTANCE CORPORATION (OSAC) TO A WHOLLY CONTROLLED AFFILIATE TO CONTINUE OSAC'S WORK SUPPORTING REFUGEE CHILDREN IN A MANNER THAT HAS AN ENHANCED CAPACITY AND POTENTIAL FOR FUNDRAISING. A WRITTEN GRANT AGREEMENT BETWEEN OSAC AND COHRP ESTABLISHES THE ACTIVITIES AND PURPOSES THAT FUNDING FROM OSAC MAY BE USED TO SUPPORT. THE PURPOSE OF THE GRANT TO COHRP IS TO PROVIDE EDUCATIONAL ASSISTANCE TO SCHOOL AGE CHILDREN IN HAITI. THIS WILL ENABLE COHRP TO CONTINUE THE EDUCATIONAL PROGRAM INITIATED BY OSAC IN 2010, IN RESPONSE TO THE EFFECTS OF THE DEVASTATION CAUSED BY THE EARTHQUAKE OF JANUARY 12, 2010. OSAC OPENED THIS EDUCATIONAL PROGRAM IN MAY 2010 WITH 51 STUDENTS AGES 4-5 YEARS OLD. IN ADDITION TO EDUCATIONAL ASSISTANCE, THIS PROGRAM PROVIDES NUTRITIONAL AND HEALTH SUPPORT. COHRP HAS BEEN RECOGNIZED BY THE IRS AS A PBULICLY SUPPORTED CHARITY DESCRIBED IN IRC 501(C)(3).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bambi Betts - Director Of Ptc President/ceo | OfficerTrustee | 40 | $242,629 |
Brittany Betts - Director Of Tie Director | Trustee | 40 | $176,346 |
Forrest Broman Tie Associate | 40 | $113,333 | |
Gary Worth CFO | Officer | 40 | $105,000 |
Cameron Betts Treasurer | OfficerTrustee | 15 | $55,000 |
Fla Lewis Director | Trustee | 1 | $0 |
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 |
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 |
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 |
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 | $3,410,203 |
Investment income | $66,848 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$31,547 |
Net Gain/Loss on Asset Sales | $59,308 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,521,171 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $122,331 |
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. | $477,679 |
Compensation of current officers, directors, key employees. | $100,312 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $574,186 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $81,062 |
Payroll taxes | $82,432 |
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 | $113,981 |
Advertising and promotion | $37,344 |
Office expenses | $17,511 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,097 |
Travel | $12,318 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,955 |
All other expenses | $23,778 |
Total functional expenses | $1,928,064 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $575,537 |
Savings and temporary cash investments | $3,766,615 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $65,615 |
Loans from Officers, Directors, or Controlling Persons | $239,497 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $196,483 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $36,994 |
Net Land, buildings, and equipment | $514,733 |
Investments—publicly traded securities | $2,170,466 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,565,940 |
Accounts payable and accrued expenses | $368,447 |
Grants payable | $0 |
Deferred revenue | $1,464,006 |
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 | $1,832,453 |
Net assets without donor restrictions | $5,733,487 |
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 | $7,565,940 |
Over the last fiscal year, Overseas Schools Assistance Corporation has awarded $8,719,996 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Fort Lauderdale, FL PURPOSE: SEE PART IV | $3,357,533 |
Fort Lauderdale, FL PURPOSE: SEE PART IV | $3,088,852 |
Fort Lauderdale, FL PURPOSE: SEE PART IV | $2,273,611 |
Over the last fiscal year, we have identified 1 grants that Overseas Schools Assistance Corporation has recieved totaling $5,100.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $5,100 |
Organization Name | Assets | Revenue |
---|---|---|
Afs-Usa Inc New York, NY | $16,942,442 | $16,772,784 |
American Academy In Rome New York, NY | $156,286,917 | $13,968,918 |
Alexander Muss Institute For Israel Education Inc Rockville Centre, NY | $21,964,723 | $9,700,291 |
Onward Israel Usa Inc New York, NY | $2,215,370 | $5,939,234 |
Showa Boston Institute For Language And Culture Jamaica Plain, MA | $39,110,971 | $10,562,824 |
Afs Intercultural Programs Inc New York, NY | $14,241,646 | $12,687,356 |
Egyptian-American Enterprise Fund New York, NY | $169,845,703 | $41,150,119 |
International Student Exchange Inc Bay Shore, NY | $14,840,965 | $6,979,556 |
Insead North America Inc Valhalla, NY | $10,753,709 | $6,277,643 |
Program Of Academic Exchange Port Chester, NY | $4,242,998 | $6,723,504 |
School Year Abroad Inc North Andover, MA | $31,777,579 | $4,148,421 |
Urban Assembly Inc New York, NY | $3,965,114 | $5,718,202 |