Foundation For International Understanding
- Assets
- $181.7k
- Revenue
- $5.1k
- Investments
- $155.8k
- Employees
- 2
- Location
- Coronado, CA
- Founding
- 02/1989
- Data as of
- 10/2022
- EIN
- 33-0286737
Organization Overview
Foundation For International Understanding is located in Coronado, CA. The organization was established in 1989. According to its NTEE Classification (Q23) the organization is classified as: International Exchange N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 10/2022, Foundation For International Understanding employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For International Understanding 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 10/2022, Foundation For International Understanding generated $5.1k 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 (30.9%) each year. All expenses for the organization totaled $89.9k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD DRIVE FOR UNDER PRIVILEGED FAMILIES
CHRISTMAS DRIVE FOR UNDERPRIVILEGED CHILDREN TO INCLUDE TOYS/CLOTHING
BOOK DRIVE FOR UNDERPRIVILEGED CHILDREN
MENTAL WELLNESS YOGA PROGRAM FOR UNDERPRIVILEGED CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Piearcy President | 25 | $36,000 | |
Bob Cahan Director | 0.5 | $0 | |
Kathye Mathews Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,376 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,842 |
| Capital Gain Net Income | $7,842 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$17,079 |
| Total Revenue | $5,139 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $5,510 |
| Pension plans, employee benefits | $1,062 |
| Interest | $0 |
| Taxes | $5,389 |
| Depreciation | $0 |
| Occupancy | $6,120 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26,711 |
| Total operating and administrative expenses | $83,942 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $89,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,378 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $155,794 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,523 |
| Total assets | $181,695 |
| Accounts payable and accrued expenses | $6,281 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,281 |
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