American University In Kosovo Foundation is located in Mount Kisco, NY. The organization was established in 2004. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American University In Kosovo Foundation 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 12/2022, American University In Kosovo Foundation generated $302.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $224.7k during the year ending 12/2022. 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
THE AMERICAN UNIVERSITY IN KOSOVO FOUNDATION SERVES TO PROVIDE SUPPORT AND OVERSIGHT OF THE RIT KOSOVO (A.U.K.) COLLEGE TO DELIVER AN OUTSTANDING AMERICAN EDUCATION FOR STUDENTS FROM KOSOVO AND THE WORLD THROUGH INNOVATIVE CURRICULAR, EXPERIENTIAL, AND RESEARCH PROGRAMS IN A STUDENT-CENTERED CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY HAS A SUMMER PROGRAM WHICH STUDENTS PAY TUITION FEES. THE AUPP PROGRAM IS DESIGNED TO MEET THE GENERAL ACADEMIC NEEDS OF PROSPECTIVE UNIVERSITY AND GRADUATE STUDENTS. IT WILL RAISE THEIR ENGLISH LANGUAGE PROFICIENCY LEVELS AND STRENGTHEN ESSENTIAL MATHEMATICAL COMPETENCIES. STUDENTS REQUIRING REMEDIAL COURSES IN ENGLISH OR MATHEMATICS OR WHO WISH TO PREPARE FOR ADDITIONAL UNDERGRADUATE EDUCATION IN THE UNITED STATES WILL BE OFFERED EXTRA TRAINING APPROPRIATE TO THEIR EDUCATIONAL LEVEL. STUDENTS WHO ARE WELL PREPARED FOR DIRECT ADMITTANCE INTO AMERICAN GRADUATE PROGRAMS WILL BE ABLE TO MOVE DIRECTLY INTO THE AUPP REGULAR COURSES. A.U.K. WILL PROVIDE SERVICES AIMED AT IMPROVING THE ENCOURAGING AND IMPROVING THE LIKELIHOOD OF THE SUCCESS OF STUDENTS PLANNING TO ATTEND UNIVERSITIES IN THE UNITED STATES.OVER A FIVE YEAR PERIOD A.U.K. WILL PROVIDE AUPP TRAINING FOR UP TO 1,150 STUDENTS.
THE UNIVERSITY HAS A SUMMER PROGRAM WHICH STUDENTS PAY TUITION FEES. THE AUPP PROGRAM IS DESIGNED TO MEET THE GENERAL ACADEMIC NEEDS OF PROSPECTIVE UNIVERSITY AND GRADUATE STUDENTS. IT WILL RAISE THEIR ENGLISH LANGUAGE PROFICIENCY LEVELS AND STRENGTHEN ESSENTIAL MATHEMATICAL COMPETENCIES. STUDENTS REQUIRING REMEDIAL COURSES IN ENGLISH OR MATHEMATICS OR WHO WISH TO PREPARE FOR ADDITIONAL UNDERGRADUATE EDUCATION IN THE UNITED STATES WILL BE OFFERED EXTRA TRAINING APPROPRIATE TO THEIR EDUCATIONAL LEVEL. STUDENTS WHO ARE WELL PREPARED FOR DIRECT ADMITTANCE INTO AMERICAN GRADUATE PROGRAMS WILL BE ABLE TO MOVE DIRECTLY INTO THE AUPP REGULAR COURSES. A.U.K. WILL PROVIDE SERVICES AIMED AT IMPROVING THE ENCOURAGING AND IMPROVING THE LIKELIHOOD OF THE SUCCESS OF STUDENTS PLANNING TO ATTEND UNIVERSITIES IN THE UNITED STATES.OVER A FIVE YEAR PERIOD A.U.K. WILL PROVIDE AUPP TRAINING FOR UP TO 1,150 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Bekavac Board Chair | OfficerTrustee | 0 | $0 |
Yll Zagragja Board Member | Trustee | 0 | $0 |
Christopher Thompson Board Member | Trustee | 0 | $0 |
Louis Sell Secretary | OfficerTrustee | 0 | $0 |
Jill Adler Board Member | Trustee | 0 | $0 |
Jehona Gjurgjeala Board Member | Trustee | 0 | $0 |
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 | $230,482 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $230,482 |
Total Program Service Revenue | $44,059 |
Investment income | $38,974 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$39,359 |
Net Income from Fundraising Events | $15,363 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $302,217 |
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 | $205,221 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,000 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,705 |
Fees for services: Other | $0 |
Advertising and promotion | $86 |
Office expenses | $183 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
All other expenses | $8,214 |
Total functional expenses | $224,704 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $199,097 |
Savings and temporary cash investments | $1,352,342 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,551,439 |
Accounts payable and accrued expenses | $18,225 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $420,475 |
Total liabilities | $438,700 |
Net assets without donor restrictions | $1,030,841 |
Net assets with donor restrictions | $81,898 |
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 | $1,551,439 |