Foundation For Global Political Exchange Inc
- Assets
- $1.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2021
- EIN
- 84-3833345
Organization Overview
Foundation For Global Political Exchange Inc is located in New York, NY. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, 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. Foundation For Global Political Exchange 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 12/2021, Foundation For Global Political Exchange Inc generated $43.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $43.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.9%) per year over the past 2 years. 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
WE WERE ABLE TO PROVIDE 10 FULLY FUNDED ZOOM SLOTS FOR 10 DIVERSE AND WELL QUALIFIED INDIVIDUALS FROM AROUND THE WORLD TO ATTEND TWO OF OUR EXCHANGES IN MAY AND AUGUST 2020.
WE WERE ABLE TO PROVIDE 10 FULLY FUNDED ZOOM SLOTS FOR 10 DIVERSE AND WELL QUALIFIED INDIVIDUALS FROM AROUND THE WORLD TO ATTEND TWO OF OUR EXCHANGES IN MAY AND AUGUST 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Noe President & Co-Founder | 10 | $3,900 | |
Joshua Andresen Vice-President | 1 | $1,000 | |
Baybars Orsek Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $43,255 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,255 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,900 |
| Professional fees and other payments to independent contractors | $38,082 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $212 |
| Total expenses | $43,194 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,192 |
| Other assets | $0 |
| Total assets | $1,192 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,192 |
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