International Strategy And Reconciliation Foundation Inc
- Assets
- $3.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olney, MD
- Founding
- 01/2005
- Data as of
- 12/2023
- EIN
- 20-0596900
Organization Overview
International Strategy And Reconciliation Foundation Inc is located in Olney, MD. The organization was established in 2005. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Strategy And Reconciliation Foundation 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 12/2023, International Strategy And Reconciliation Foundation Inc generated $157.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $159.1k during the year ending 12/2023. While expenses have increased by 6.9% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HUMANITARIAN AID PROJECT: THE INTERNATIONAL STRATEGY AND RECONCILIATION FOUNDATION (ISRF) PROVIDED ESSENTIAL MEDICINE TO THE KOREAN FEDERATION FOR PROTECTION OF THE DISABLED (KFPD) IN DEMOCRATIC PEOPLE'S REPUBLIC OF KOREA (DPRK). THE TARGET BENEFICIARIES WERE PRIMARILY THE DISABLED CHILDREN IN DPR KOREA. THE FAIR MARKET VALUE OF THIS AID WAS APPROXIMATELY $36,300. ALL AID WAS QUALITY MEDICINE SELECTED ON THE BASIS OF CONSULTATION WITH UNICEF, WORLD HEALTH ORGANIZATION, AND DPRK MINISTRY OF PUBLIC HEALTH KFPD WAS CONSULTED AS WELL. ISRF SPENT ABOUT $5,320 DIRECT COST FOR THIS HUMANITARIAN ASSISTANCE PROJECT. NO GRANTS. HUMANITARIAN RESEARCH PROGRAM: THE ISRF HAS CARRIED OUT THE TRANSDISCIPLINARY HUMANITARIAN RESEARCH PROGRAM THROUGHOUT THE YEAR. THE PURPOSE OF THIS HUMANITARIAN RESEARCH PROGRAM WAS TO PROVIDE THE DISADVANTAGED HIGH SCHOOL AND UNIVERSITY STUDENT INTERNS WITH RESEARCH OPPORTUNITIES ABOUT VARIOUS HUMANITARIAN ISSUES INVOLVING THE DISABLED, CHILDREN, AND PREGNANT/NURSING WOMEN AS WELL AS PATIENTS. IN ADDITION, THE ISRF DELEGATES ATTENDED CONFERENCE SESSIONS FOR THE JOINT STATISTICAL MEETINGS AND WORLD ASSOCIATION FOR PUBLIC RESEARCH BOTH TO PRESENT HUMANITARIAN RESEARCH PAPERS DEVOTED TO PUBLIC HEALTH AND COVID-19 PANDEMIC CRISIS IN KOREA. THE ISRF HAS SPENT OVER $67,600 FOR DIRECT COSTS ON HUMANITARIAN RESEARCH, YEAR-ROUND TRAINING, AND RELATED ONGOING ACTIVITIES. NO GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myung Joo P Hong President | 15 | $0 | |
Daniel Kim Trustee | 3 | $0 | |
Kwang Dong Jo Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,760 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,760 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $217 |
| Other expenses | $158,922 |
| Total expenses | $159,139 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,252 |
| Other assets | $0 |
| Total assets | $3,252 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,252 |