American Schools Abroad Inc
- Assets
- $17.8m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 12/1967
- Data as of
- 06/2022
- EIN
- 51-6021687
Organization Overview
American Schools Abroad Inc, operating under the name The International School of Florence, is located in null. The organization was established in 1967. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., 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 School of Florence 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, International School of Florence generated $13.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $13.2m during the year ending 06/2022. While expenses have increased by 5.1% per year over the past 7 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
THE INTERNATIONAL SCHOOL OF FLORENCE PROVIDES A RIGOROUS, INNOVATIVE EDUCATION THROUGH RELEVANT AND ENGAGING ACADEMIC AND COMMUNITY SERVICE PROGRAMS, ISF TEACHES RESPONSIBILITY AND SELF-RELIANCE, QUALITIES NEEDED TO BE A LIFELONG LEARNER AND SUCCESSFUL CITIZEN OF THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL OFFERS A PRESCRIBED CURRICULUM TO APPROXIMATELY 540 CHILDREN IN GRADES K THROUGH 12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ottaviano Head Of School | Officer | 40 | $295,485 |
Cathleen Compton Board Chair | OfficerTrustee | 0.5 | $0 |
Marco Fazzini Treasurer | OfficerTrustee | 0.5 | $0 |
Morgan Fiumi Board Member | Trustee | 0.5 | $0 |
Eric Goulder Board Member | Trustee | 0.5 | $0 |
Paola Pulidori Board Member | Trustee | 0.5 | $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 | $268,214 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,214 |
| Total Program Service Revenue | $12,941,634 |
| Investment income | $44,816 |
| 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 | $13,391,571 |
| 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 | $766,714 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $295,485 |
| Compensation of current officers, directors, key employees. | $295,485 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,867,903 |
| Pension plan accruals and contributions | $68,341 |
| Other employee benefits | $0 |
| Payroll taxes | $1,834,560 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $132,314 |
| Fees for services: Accounting | $78,806 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $206,182 |
| Advertising and promotion | $84,027 |
| Office expenses | $30,773 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $960,141 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $272,903 |
| Insurance | $37,368 |
| All other expenses | $1,122,731 |
| Total functional expenses | $13,194,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,367,305 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,268,836 |
| 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 | $262,652 |
| Net Land, buildings, and equipment | $1,430,093 |
| Investments—publicly traded securities | $1,049,178 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $75,698 |
| Other assets | $381,780 |
| Total assets | $17,835,542 |
| Accounts payable and accrued expenses | $2,354,172 |
| Grants payable | $0 |
| Deferred revenue | $11,344,407 |
| 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 | $1,114,815 |
| Total liabilities | $14,813,394 |
| Net assets without donor restrictions | $2,417,794 |
| Net assets with donor restrictions | $604,354 |
| 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 | $17,835,542 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Schools Abroad Inc has recieved totaling $26,775.
| Awarding Organization | Amount |
|---|---|
Coastal Community Foundation Of South Carolina Inc N Charleston, SC PURPOSE: MULTIPLE GRANTS AWARDED | $26,775 |
Endowment Analysis
| Beg. Balance | $689,429 |
| Earnings | -$85,074 |
| Ending Balance | $604,355 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rhodes Trust | $768,671,339 | $24,702,604 |
American School Foundation Ac | $135,091,562 | $50,074,267 |
Cgiar | $13,721,070 | $30,163,693 |
Aisg Inc | $88,681,882 | $31,560,932 |
International Centre For Agricultural Research In The Dry A | $23,633,100 | $28,256,556 |
Royal Institute Of International Affairs | $65,729,147 | $32,058,370 |
International Institute For Environment And Development | $10,168,172 | $23,640,480 |
International Institute For Sustainable Development | $63,383,709 | $23,549,185 |
Cuso International | $17,986,190 | $25,338,532 |
West Africa Rice Development Association | $23,999,248 | $19,439,683 |
Eshel-The Assn for the Planning&Develop ment of Services for the Aged in Israel | $0 | $14,530,000 |
African Agricultural Technology Foundation | $24,296,814 | $14,780,900 |