The International Student Exchange Programs
- Assets
- $10.0m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 43
- Location
- Arlington, VA
- Founding
- 11/1997
- Data as of
- 06/2023
- EIN
- 52-2035371
Organization Overview
The International Student Exchange Programs is located in Arlington, VA. The organization was established in 1997. 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. As of 06/2023, International Student Exchange Programs employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Student Exchange Programs 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 06/2023, International Student Exchange Programs generated $12.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $11.8m during the year ending 06/2023. While expenses have increased by 4.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISEP EXCHANGE PROGRAM - THE ORGANIZATION PROMOTES AND FACILITATES STUDENT EXCHANGES AMONG MEMBER INSTITUTIONS IN THE UNITED STATES AND ABROAD. ISEP PROVIDES A SUITE OF ADVISING, TRAINING, AND SUPPORT SERVICES TO ITS MEMBERS. ISEP OFFERS INDIVIDUAL STUDENTS ACADEMIC AND TRAVEL ADVISING PRIOR TO DEPARTURE AND ADDITIONAL SUPPORT WHILE ON SITE. THE EXCHANGE PROGRAMS ARE ONLY AVAILABLE TO DUES-PAYING MEMBERS.
ISEP DIRECT PROGRAM - THE ORGANIZATION ARRANGES FOR STUDENTS TO ATTEND CERTAIN INTERNATIONAL INSTITUTIONS ON A FEE FOR SERVICE BASIS. GENERALLY, STUDENTS PAY FEES DIRECTLY TO THE ORGANIZATION AND THE ORGANIZATION PAYS TUITION, HOUSING, AND OTHER FEES TO THE HOST INSTITUTIONS. ISEP ALSO OFFERS ADVISING TO ITS STUDENTS PRIOR TO THEIR DEPARTURE AND ADDITIONAL SUPPORT WHILE ON SITE. THESE PROGRAMS ARE AVAILABLE TO MEMBERS AND AFFILIATES.
GLOBAL ENGAGEMENT PROGRAMS - THE ORGANIZATION SUPPORTS PROGRAMS COMBINING ELEMENTS OF THE RECIPROCAL EXCHANGE AND ISEP DIRECT PROGRAMS AND PROVIDES OPERATING ASSISTANCE TO HOST INSTITUTIONS. IN-COUNTRY COMMUNITY SERVICE IS AN INTEGRAL PART OF THESE PROGRAMS. ISEP PROVIDES ACADEMIC ADVISING AND SERVES AS A LIASION TO LOCAL HOST INSTITUTIONS WHILE STUDENTS ARE IN COUNTRY. THESE PROGRAMS ALLOW STUDENTS TO PERFORM SUPERVISED VOLUNTEER SERVICE AT AFFILIATED NGOS AND OTHER LOCAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Clabby Chair | OfficerTrustee | 5 | $0 |
Madeleine F Green Past Chair | OfficerTrustee | 5 | $0 |
Robert Carolin Vice Chair | OfficerTrustee | 5 | $0 |
Terhi Molsa Secretary | OfficerTrustee | 5 | $0 |
Peter L Gess Treasurer | OfficerTrustee | 5 | $0 |
Ellen Babby Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vyacheslav Polyakov It Development & Maintenance | 6/29/19 | $116,280 |
Nikolai Trofimov It Development & Maintenance | 6/29/19 | $113,535 |
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 | $107,262 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,262 |
| Total Program Service Revenue | $11,836,496 |
| Investment income | $41,997 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,172 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,179,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $45,957 |
| Grants and other assistance to Foreign Orgs/Individuals | $18,700 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $831,875 |
| Compensation of current officers, directors, key employees. | $142,808 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,700,691 |
| Pension plan accruals and contributions | $32,111 |
| Other employee benefits | $579,594 |
| Payroll taxes | $200,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,791 |
| Fees for services: Accounting | $34,629 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,623 |
| Fees for services: Other | $321,685 |
| Advertising and promotion | $21,695 |
| Office expenses | $297,154 |
| Information technology | $201,322 |
| Royalties | $0 |
| Occupancy | $294,148 |
| Travel | $175,540 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,489 |
| Interest | $680 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $244,650 |
| Insurance | $22,045 |
| All other expenses | $74,288 |
| Total functional expenses | $11,815,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,263,728 |
| Savings and temporary cash investments | $2,459,240 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $601,581 |
| 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 | $774,628 |
| Net Land, buildings, and equipment | $279,263 |
| Investments—publicly traded securities | $1,008,641 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,613,373 |
| Total assets | $10,000,454 |
| Accounts payable and accrued expenses | $2,257,278 |
| Grants payable | $0 |
| Deferred revenue | $3,640,788 |
| 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 | $149,398 |
| Other liabilities | $2,089,964 |
| Total liabilities | $8,137,428 |
| Net assets without donor restrictions | $1,754,781 |
| Net assets with donor restrictions | $108,245 |
| 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 | $10,000,454 |