Foreign Policy Association Incorporated
- Assets
- $6.2m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 18
- Location
- New York, NY
- Founding
- 04/1929
- Data as of
- 06/2022
- EIN
- 13-1624007
Organization Overview
Foreign Policy Association Incorporated is located in New York, NY. The organization was established in 1929. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Foreign Policy Association Incorporated employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foreign Policy Association Incorporated 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 06/2022, Foreign Policy Association Incorporated generated $4.7m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $4.3m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL AND COMMUNITY PROGRAMMINGTHE FOREIGN POLICY ASSOCIATION PROVIDED ASSISTANCE, DIRECTION AND COUNSEL TO ADULT GROUPS, SCHOOLS, TEACHERS AND EDUCATORS ACROSS THE UNITED STATES IN THE CONTENT, FORMAT AND USE OF THE ASSOCIATION'S EDUCATIONAL MATERIALS IN BOTH VIRTUAL AND IN-PERSON SETTINGS IN CLASSROOMS, PROGRAMMING AND DISCUSSION GROUPS. THE ASSOCIATION PROVIDED PROGRAM AND EDUCATOR GUIDES IN RELATION TO THE USE OF GREAT DECISIONS AND OTHER EDUCATIONAL MATERIALS IN CLASSROOM AND DISCUSSION GROUP SETTINGS NATIONWIDE. THE ASSOCIATION DEVELOPED ADDITIONAL EDUCATOR AND STUDENT MATERIALS THROUGHOUT THE YEAR, SUCH AS THE GREAT DECISIONS HIGH SCHOOL EDITION WHICH PROVIDED FURTHER ASSISTANCE TO STUDENTS AND EDUCATORS ACROSS THE UNITED STATES IN ORDER TO EXPAND UNDERSTANDING OF FOREIGN POLICY AND GLOBAL AFFAIRS ISSUES. THE ASSOCIATION CONTINUED TO ACTIVELY ENGAGE WITH SIMILAR ORGANIZATIONS ACROSS THE UNITED STATES TO FURTHER PROMOTE AND EXPAND THE USE OF ITS MATERIALS AND PROGRAMMING NATIONWIDE. THE ASSOCIATION CONTINUED ITS PRODUCTION OF THE GREAT DECISIONS MASTERCLASS DVD AND RELATED MATERIALS WHICH ARE USED BY EDUCATORS, STUDENTS AND DISCUSSION GROUPS NATIONWIDE. THE ASSOCIATION'S WEBSITE IS AN IMPORTANT TOOL IN INFORMING THE AMERICAN PUBLIC ABOUT THE ASSOCIATION'S MISSION AND ALLOWS FOR ACCESS TO THE ASSOCIATION'S WIDE RANGE OF VIRTUAL PROGRAMMING, EVENTS AND ONLINE RESOURCES.
EDUCATIONAL PUBLICATIONSTHE FOREIGN POLICY ASSOCIATION HAS CONTINUED TO PRODUCE THE GREAT DECISIONS BRIEFING BOOK WHICH IS PUBLISHED AT THE BEGINNING OF EACH CALENDAR YEAR. THE GREAT DECISIONS BRIEFING BOOK, ALONG WITH THE GREAT DECISIONS UPDATES AND GREAT DECISIONS TEACHERS GUIDES, ARE USED BY TEACHERS, EDUCATORS, STUDENTS AND THE GENERAL PUBLIC ACROSS THE UNITED STATES IN PROGRAMS WHICH FOCUS ON UNITED STATES FOREIGN POLICY AND GLOBAL ISSUES. THE ASSOCIATION ALSO PRODUCES OTHER SIMILAR PUBLICATIONS ON GLOBAL AFFAIRS AND FOREIGN POLICY ISSUES REGULARLY, SUCH AS U.S. FOREIGN POLICY TODAY: A PRIMER AND THE ANNUAL NATIONAL OPINION BALLOT.THE GREAT DECISIONS BRIEFING BOOK AND RELATED MATERIALS ARE USED TO FORM THE BASIS FOR PORTIONS OF THE ASSOCIATION'S ANNUAL EDUCATIONAL PROGRAMMING AND PROGRAM OUTREACH.
MEETINGS, CONFERENCES AND EVENTSOVER THE COURSE OF THE YEAR THE FOREIGN POLICY ASSOCIATION HAS ORGANIZED NUMEROUS CONFERENCES, MEETINGS, LECTURES AND SEMINARS WHICH FEATURED PROMINENT OFFICIALS, EXPERTS, AND AUTHORITIES ON WORLD AFFAIRS ISSUES AND TOPICS. THIS PROGRAMMING PROVIDED AN EDUCATIONAL VENUE ON GLOBAL ISSUES OVER THE COURSE OF THE YEAR. THE ASSOCIATION HELD OVER 40 IN-PERSON AND VIRTUAL EVENTS WITH OVER 10,000 PARTICIPANTS. THE CONTENT FROM THE ASSOCIATION'S MANY CONFERENCES, MEETINGS, LECTURES AND SEMINARS PROVIDE CONTENT FOR ITS EDUCATIONAL, PUBLICATIONS, GENERAL GLOBAL AFFIAIRS PROGRAMMING AND WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noel Lateef President & CEO | OfficerTrustee | 40 | $773,132 |
Henry Fernandez Chair | OfficerTrustee | 1 | $0 |
Sana Sabbagh Vice Chair | OfficerTrustee | 1 | $0 |
Jeanne Olivier Secretary | OfficerTrustee | 1 | $0 |
Keith Stock Treasurer | OfficerTrustee | 1 | $0 |
Carlos Alvarez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $39,645 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $308,211 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,554,799 |
| Noncash contributions included in lines 1a–1f | $30,820 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,902,655 |
| Total Program Service Revenue | $196,202 |
| Investment income | $21,809 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,920 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $610,840 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,726,586 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,239,086 |
| Compensation of current officers, directors, key employees. | $446,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $882,926 |
| Pension plan accruals and contributions | $96,788 |
| Other employee benefits | $227,310 |
| Payroll taxes | $122,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,034 |
| Fees for services: Accounting | $39,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,719 |
| Fees for services: Other | $195,126 |
| Advertising and promotion | $11,111 |
| Office expenses | $163,155 |
| Information technology | $125,036 |
| Royalties | $0 |
| Occupancy | $432,507 |
| Travel | $33,611 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $447,255 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,732 |
| Insurance | $39,444 |
| All other expenses | $0 |
| Total functional expenses | $4,287,724 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $345,802 |
| Savings and temporary cash investments | $1,600,896 |
| Pledges and grants receivable | $2,572,514 |
| Accounts receivable, net | $507,710 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $340,583 |
| Prepaid expenses and deferred charges | $26,206 |
| Net Land, buildings, and equipment | $28,764 |
| Investments—publicly traded securities | $611,983 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $119,772 |
| Total assets | $6,154,230 |
| Accounts payable and accrued expenses | $585,555 |
| Grants payable | $0 |
| Deferred revenue | $96,141 |
| 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 | $341,790 |
| Total liabilities | $1,023,486 |
| Net assets without donor restrictions | $683,430 |
| Net assets with donor restrictions | $4,447,314 |
| 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 | $6,154,230 |