International Student House Inc
- Assets
- $2.9m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 05/1963
- Data as of
- 12/2022
- EIN
- 53-6009405
Organization Overview
International Student House Inc is located in Washington, DC. The organization was established in 1963. 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 12/2022, International Student House Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Student House 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 12/2022, International Student House Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 1.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER FOREIGN AND AMERICAN STUDENTS AN IN-DEPTH EXPERIENCE IN INTERNATIONAL LIVING AND TO CREATE BETTER UNDERSTANDING AMONG PEOPLE OF DIFFERENT RACES, CULTURES, RELIGIONS AND SOCIAL BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
APPROXIMATELY 250-300 INTERNATIONAL STUDENTS WERE PROVIDED ROOM, BOARD, AND RELATED SERVICES ALONG WITH AN EXTENSIVE PROGRAM OF SOCIAL AND CULTURAL ACTIVITIES. I-HOUSE DC ALSO ENCOURAGES RESIDENT SCHOLARS TO PARTICIPATE IN OUTREACH AND VOLUNTEER ACTIVITIES SUCH AS ASSISTING LOCAL SOCIAL SERVICE AGENCIES AND OTHER COMMUNITY ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hon Michele Bond President | OfficerTrustee | 10 | $0 |
Lawrence P Dunham First Vice President | OfficerTrustee | 4 | $0 |
Scott Fleming Second Vice President | OfficerTrustee | 4 | $0 |
Tonija Hope Secretary | OfficerTrustee | 1 | $0 |
James Gale Treasurer | OfficerTrustee | 8 | $0 |
Abraham Akoi Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chef Mikko Llc Food Service For Residents | 12/30/22 | $420,103 |
Astick Services Cleaning Services | 12/30/22 | $173,853 |
Inspire Dmv Hospitality Food Service For Residents | 12/30/22 | $103,749 |
Your Part-time Controller Llc Consulting Services | 12/30/22 | $149,531 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $250,967 |
| Related organizations | $0 |
| Government grants | $167,810 |
| All other contributions, gifts, grants, and similar amounts not included above | $476,362 |
| Noncash contributions included in lines 1a–1f | $10,080 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $895,139 |
| Total Program Service Revenue | $1,483,089 |
| Investment income | $44,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,925 |
| Net Gain/Loss on Asset Sales | -$356 |
| Net Income from Fundraising Events | -$84,063 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,351,020 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $161,250 |
| Compensation of current officers, directors, key employees. | $52,153 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,548 |
| Pension plan accruals and contributions | $5,401 |
| Other employee benefits | $18,570 |
| Payroll taxes | $22,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $181,949 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $118,300 |
| Advertising and promotion | $149 |
| Office expenses | $101,187 |
| Information technology | $65,528 |
| Royalties | $0 |
| Occupancy | $324,113 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,957 |
| Interest | $4,185 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,174 |
| Insurance | $48,896 |
| All other expenses | $13,059 |
| Total functional expenses | $2,187,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,104 |
| Savings and temporary cash investments | $258,138 |
| Pledges and grants receivable | $204,000 |
| Accounts receivable, net | $40,326 |
| 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 | $13,694 |
| Net Land, buildings, and equipment | $839,248 |
| Investments—publicly traded securities | $1,370,355 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,500 |
| Total assets | $2,855,365 |
| Accounts payable and accrued expenses | $274,884 |
| Grants payable | $0 |
| Deferred revenue | $16,307 |
| 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 | $493,436 |
| Other liabilities | $118,314 |
| Total liabilities | $902,941 |
| Net assets without donor restrictions | $1,472,540 |
| Net assets with donor restrictions | $479,884 |
| 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 | $2,855,365 |