Society For International Affairs
- Assets
- $2.3m
- Revenue
- $785.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 54-1424917
Organization Overview
Society For International Affairs is located in Arlington, VA. The organization was established in 1988. According to its NTEE Classification (Q51) the organization is classified as: International Economic & Trade Policy, 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. Society For International Affairs 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, Society For International Affairs generated $785.8k 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 (5.1%) each year. All expenses for the organization totaled $472.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE THE INTERNATIONAL TRADE COMMUNITY BY PROVIDING A FORUM FOR THE EXCHANGE OF INFORMATION ON THE EXPORT AND IMPORT PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES, WORKSHOPS, LUNCHEONS AND RECEPTIONS: HIGH LEVEL GOVERNMENT SPEAKERS FROM THE NATIONAL COMMUNITY ATTEND AND SPEAK ON TOPICS OF INTEREST TO THE EXPORT COMMUNITY ON ALL ASPECTS OF DEFENSE AND COMMERCIAL TECHNOLOGY TRANSFERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Yu-Shiang Kao Commun Dir | OfficerTrustee | 2 | $0 |
Thomas Donovan Vice President | OfficerTrustee | 10 | $0 |
Marc Binder President | OfficerTrustee | 25 | $0 |
Sandra Cross Secty/treas | OfficerTrustee | 15 | $0 |
Candace Goforth P&e Director | OfficerTrustee | 5 | $0 |
Lisette Hendriksen Director | Trustee | 4 | $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 | $75 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75 |
| Total Program Service Revenue | $627,074 |
| Investment income | $57,024 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $71,214 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $30,370 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $785,757 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,716 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,326 |
| Fees for services: Other | $176,620 |
| Advertising and promotion | $0 |
| Office expenses | $1,928 |
| Information technology | $3,148 |
| Royalties | $0 |
| Occupancy | $7,841 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,006 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $363 |
| Insurance | $3,424 |
| All other expenses | $4,275 |
| Total functional expenses | $472,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $342,606 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,713 |
| Prepaid expenses and deferred charges | $30,925 |
| Net Land, buildings, and equipment | $273 |
| Investments—publicly traded securities | $1,929,139 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,314,711 |
| Accounts payable and accrued expenses | $7,056 |
| Grants payable | $0 |
| Deferred revenue | $22,975 |
| 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 | $0 |
| Total liabilities | $30,031 |
| Net assets without donor restrictions | $2,284,680 |
| Net assets with donor restrictions | $0 |
| 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 | $2,314,711 |
Endowment Analysis
| Beg. Balance | $1,000,000 |
| Earnings | $62,504 |
| Admin Expense | $15,769 |
| Other Expense | $31,735 |
| Grants | $15,000 |
| Ending Balance | $1,000,000 |
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| Organization Name | Assets | Revenue |
|---|---|---|
International Livestock Research Institute Alexandria, VA | $103,836,000 | $97,042,000 |
Technoserve Inc Arlington, VA | $114,276,337 | $96,632,627 |
Winrock International Institute For Agricultural Development North Little Rock, AR | $132,106,340 | $99,120,433 |
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
World Relief Corp Of National Association Of Evangelicals Baltimore, MD | $37,205,019 | $88,134,638 |
World Central Kitchen Incorporated Washington, DC | $115,400,907 | $122,852,447 |
Digital Promise Global Washington, DC | $123,728,620 | $89,291,301 |
International Foundation For Electoral Systems Arlington, VA | $29,872,159 | $76,376,806 |
Islamic Relief Usa Alexandria, VA | $182,616,288 | $136,444,567 |
Relief International Inc Washington, DC | $18,093,145 | $70,140,451 |
International Research And Exchanges Board Inc Washington, DC | $28,553,118 | $70,556,802 |
Hias Inc Silver Spring, MD | $86,773,637 | $76,167,512 |