Emf Educational Merit Foundation For Student Exchange
- Assets
- $53.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Sachse, TX
- Founding
- 02/1993
- Data as of
- 12/2021
- EIN
- 75-2448371
Organization Overview
Emf Educational Merit Foundation For Student Exchange is located in Sachse, TX. The organization was established in 1993. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emf Educational Merit Foundation For Student Exchange 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, Emf Educational Merit Foundation For Student Exchange generated $95.0 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 (65.8%) each year. All expenses for the organization totaled $189.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FOR THE 2020-2021 SCHOOL YEAR, THE EDUCATIONAL MERIT FOUNDATION PLACED AND MONITORED HIGH SCHOOL STUDENTS FROM GERMANY, MEXICO AND POLAND. DUE TO THE COVID PANDEMIC AND THE POSSIBILITY THAT OUR STUDENTS WOULD NOT BE ABLE TO ATTEND SCHOOL IN PERSON WHICH IS A REQUIREMENT FOR OUR PROGRAM, WE WERE AUTHORIZED BY THE US DEPARTMENT OF STATE TO NOT SPONSOR STUDENTS FOR THE 2021-2022 SCHOOL YEAR. WE CELEBRATED OUR 30TH ANNIVERSARY IN AUGUST 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie-Claude Dijoud President | 50 | $126,000 | |
Guillaume V Bailey Board Member | 0 | $0 | |
Leticia A Martinez Board Member | 0 | $0 | |
Alexa M Bailey Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $167,139 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,800 |
| Printing, publications, postage, and shipping | $216 |
| Other expenses | $11,071 |
| Total expenses | $189,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,637 |
| Other assets | $0 |
| Total assets | $53,637 |
| Total liabilities | $34,628 |
| Net assets or fund balances | $19,009 |