International Road Educational Foundation
- Assets
- $1.7m
- Revenue
- $361.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 12/1957
- Data as of
- 12/2021
- EIN
- 52-0793883
Organization Overview
International Road Educational Foundation is located in Alexandria, VA. The organization was established in 1957. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. International Road Educational 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 12/2021, International Road Educational Foundation generated $361.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $98.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, International Road Educational Foundation has awarded 163 individual grants totaling $374,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SUPPORT - PROVIDES EDUCATIONAL SPONSORSHIP IN THE FORM OF ONE TIME GRANTS TO STUDENTS PURSUING CAREERS IN ROAD AND HIGHWAY STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fazil Najafi Driector | 5 | $0 | |
Lester Yoshida Treasurer | 5 | $0 | |
Cpatrick Sankey President, Ceo,secretary | 5 | $0 | |
Kamil Kaloush Chariman | 5 | $0 | |
Abdullah A Al-Mogbel Irf Chairman | 5 | $0 | |
Taylor Lochrane Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $89,764 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $233,080 |
| Capital Gain Net Income | $233,080 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,792 |
| Total Revenue | $361,761 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $55,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,637 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $268 |
| Total operating and administrative expenses | $77,527 |
| Contributions, gifts, grants paid | $21,000 |
| Total expenses and disbursements | $98,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,090 |
| Savings and temporary cash investments | $1,514,352 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,656,442 |
| Accounts payable and accrued expenses | $0 |
| 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 | $364,840 |
| Total liabilities | $364,840 |
Grants Awarded
Over the last fiscal year, International Road Educational Foundation has awarded $21,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MR RYUTARO UCHINO PURPOSE: FELLOWSHIP | $7,500 |
MR KEIJIRO TSURUKAWA PURPOSE: FELLOWSHIP | $7,000 |
NANCY ABIRA PURPOSE: FELLOWSHIP | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Road Educational Foundation has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Reed Foundation Modesto, CA PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Phoenix Academy Inc High Point, NC | $3,025,069 | $10,364,069 |
Elizabeth City State University Foundation Elizabeth City, NC | $21,052,714 | $2,780,872 |
Johns Hopkins University Retiree Medical Benefits Tr Baltimore, MD | $393,460,709 | $90,822,229 |
Duke Ellington School Of The Arts Project Washington, DC | $6,618,395 | $8,383,151 |
Laborers-Employers Cooperation And Education Trust Washington, DC | $20,406,637 | $8,972,632 |
Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
University Of Maryland Medical System Foundation Inc Baltimore, MD | $91,803,907 | $14,920,300 |
University Of North Carolina At Asheville Foundation Inc Asheville, NC | $61,754,429 | $7,423,002 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Old Dominion Athletic Foundation Norfolk, VA | $75,318,666 | $6,634,127 |