Central States Rotary Youth Exchange Program Inc
- Assets
- $483.4k
- Revenue
- $42.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Corunna, MI
- Founding
- 07/1977
- Data as of
- 06/2022
- EIN
- 31-0908281
Organization Overview
Central States Rotary Youth Exchange Program Inc is located in Corunna, MI. The organization was established in 1977. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central States Rotary Youth Exchange Program 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 06/2022, Central States Rotary Youth Exchange Program Inc generated $42.4k 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 (25.3%) each year. All expenses for the organization totaled $44.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (22.4%) per year over the past 7 years. 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
THIHS ORGANIZATION'S MISSION IS TO FOSTER INTERNATIONAL GOODWILL AND UNDERSTANDING THROUGH PERSONAL COMMUNICATION, TO PROVIDE YOUNG PEOPLE WITH EXPERIENCE IN INTERNATIONAL LIVING, AND TO PROVIDE YOUNG PEOPLE WITH ONE YEAR'S STUDY IN PRE-UNIVERSITY EDUCATION IN ANOTHER COUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS FOSTERED INTERNATIONAL GOODWILL AND UNDERSTANDING THROUGH PERSONAL COMMUNICATION, PROVIDED YOUNG PEOPLE WITH AN EXPERIENCE IN INTERNATIONAL LIVING, AND PROVIDED YOUNG PEOPLE WITH ONE YEAR'S STUDY IN PRE-UNIVERSITY EDUCATION IN ANOTHER COUNTRY.
THIS ORGANIZATION HAS FOSTERED INTERNATIONAL GOODWILL AND UNDERSTANDING THROUGH PERSONAL COMMUNICATION, PROVIDED YOUNG PEOPLE WITH AN EXPERINECE IN INTERNATIONAL LIVING, AND PROVIDED YOUGNG PEOPLE WITH ONE YEAR'S STUDY IN PRE-UNIVERSITY EDUCATION IN ANOTHER COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Hanning Secretary | OfficerTrustee | 2 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 2 | $0 |
Roberto Sanchez Chairman (pa | OfficerTrustee | 2 | $0 |
Brent Sheppard Chairman (pa | OfficerTrustee | 2 | $0 |
Jan Bonsett-Veal Vice-Chairma | OfficerTrustee | 2 | $0 |
Patrick Morrison District Cha | Trustee | 2 | $0 |
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 | $37,009 |
| Investment income | $5,366 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,375 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $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 | $7,603 |
| Advertising and promotion | $0 |
| Office expenses | $4,468 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,730 |
| 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 | $13,244 |
| All other expenses | $0 |
| Total functional expenses | $44,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,459 |
| Savings and temporary cash investments | $134,220 |
| 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 | $57,035 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,950 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $238,748 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $483,412 |
| Accounts payable and accrued expenses | $443 |
| Grants payable | $0 |
| Deferred revenue | $20,075 |
| 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 | $20,518 |
| Net assets without donor restrictions | $462,894 |
| 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 | $483,412 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Study Abroad Inc Indianapolis, IN | $14,665,422 | $2,694,073 |
F L A G Inc Kalamzaoo, MI | $1,576,607 | $2,943,457 |
Associated Kyoto Program Inc Oberlin, OH | $14,871,588 | $3,184,926 |
International Field Studies Inc Columbus, OH | $454,127 | $508,785 |
Quest International A Nonprofit Corporation Rockford, MI | $0 | $566,140 |
Reflections International Inc Fon Du Lac, WI | $20,123 | $330,381 |
Nova-Mba Greendale, WI | $112,491 | $0 |
Central States Rotary Youth Exchange Program Inc Corunna, MI | $483,412 | $42,375 |
Ohio Erie Rotary Youth Exchange Columbus, OH | $170,437 | $18,870 |
Chinese Students And Scholars Association At Uw-Madison Inc Madison, WI | $11,654 | $0 |
French American Cultural Exchange Program Spring Arbor, MI | $57,003 | $0 |
District 6650 Rotary Youth Exchange Program Inc East Palestine, OH | $30,211 | $0 |