International First Committee Association
- Assets
- $2.3m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Manchester, NH
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-1060352
Organization Overview
International First Committee Association is located in Manchester, NH. The organization was established in 2016. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 12/2022, International First Committee Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International First Committee Association 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 First Committee Association generated $6.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $6.9m during the year ending 12/2022. While expenses have increased by 10.6% per year over the past 5 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
INTERNATIONAL FIRST COMMITTEE ASSOCIATION, HOLDING COMPETITIONS AS FIRST GLOBAL , IS A NON-PROFIT ORGANIZATION ESTABLISHED TO EXCITE THE YOUTH AND NATIONS OF THE WORLD ABOUT THE VALUE OF INVESTING IN AND PURSUING STEM EDUCATION (SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS) TO HELP BUILD THE SCIENCE, ENGINEERING, AND TECHNOLOGY SKILLS NEEDED BY NATIONS TO WORK ON GLOBAL CHALLENGES TOGETHER. DRIVEN BY THE ENTHUSIASM OF THE STUDENTS AS THEY COOPERATE IN TEAMS, EACH NATION IS INVITED TO ASSEMBLE THEIR OWN ROBOT AND SEND A HIGH SCHOOL STUDENT-TEAM TO REPRESENT ITS COUNTRY IN AN ANNUAL INTERNATIONAL OLYMPICS-STYLE ROBOTICS COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN OCTOBER 2022, THE FIRST GLOBAL CHALLENGE WAS HOSTED IN GENEVA, SWITZERLAND. AN OLYMPIC-STYLE COMPETITION, THE 2022 CHALLENGE ENGAGED TEAMS FROM 179 NATIONS, WITH 162 TEAMS ABLE TO TRAVEL TO THE EVENT IN GENEVA. EACH TEAM IS ALLOWED A MAXIMUM OF FIVE STUDENT COMPETITORS TO ATTEND THE EVENT AS MEMBERS OF THE OFFICIAL TRAVELING TEAM, WITH AN UNLIMITED NUMBER OF TEAM MEMBERS ALLOWED TO WORK ON THE CHALLENGE IN THEIR HOME COUNTRY IN PREPARATION FOR THE EVENT. APPROXIMATELY 1,535 HIGH SCHOOL STUDENTS PARTICIPATED, UNDER THE GUIDANCE OF OVER 700 VOLUNTEER MENTORS. THE 2022 THEME OF CARBON CAPTURE HIGHLIGHTED THE IMPORTANCE OF CAPTURING AND STORING CARBON DIOXIDE (CO2) TO REDUCE AND PREVENT ITS ACCUMULATION IN THE ATMOSPHERE. TEAMS LEARNED ABOUT THE IMPACT OF CO2 ON OUR ENVIRONMENT, THE TECHNOLOGIES BEING DEVELOPED AND ALREADY IN PLACE TO ENSURE THE SAFETY OF OUR PLANET THROUGH THE FUTURE, AND DEVELOPED THEIR OWN INNOVATIVE SOLUTIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Kamen President | Trustee | 5 | $0 |
Maureen Toohey Secretary | Officer | 3 | $0 |
Brendan Duffy Treasurer | Officer | 1 | $0 |
Vincent Wilczynski Acting Exec Dir | Officer | 20 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dorier Group Event Production | 12/30/22 | $1,653,503 |
Mci Suisse Sa Event Management | 12/30/22 | $404,886 |
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 | $5,712,952 |
| Noncash contributions included in lines 1a–1f | $1,505,304 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,712,952 |
| Total Program Service Revenue | $488,762 |
| Investment income | $5,446 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,207,160 |
| 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 | $1,787,917 |
| 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 | $448,899 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,549 |
| Payroll taxes | $34,908 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,807 |
| Office expenses | $0 |
| Information technology | $21,825 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,360 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,581 |
| All other expenses | $917 |
| Total functional expenses | $6,869,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,943,612 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,334 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $308,071 |
| Total assets | $2,264,017 |
| Accounts payable and accrued expenses | $720,682 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $61,018 |
| Total liabilities | $781,700 |
| Net assets without donor restrictions | $1,482,317 |
| 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 | $2,264,017 |