Northwest Student Exchange is located in Seattle, WA. The organization was established in 1989. 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 12/2021, Northwest Student Exchange employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest 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, Northwest Student Exchange generated $977.1k 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 (7.2%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) 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
PROMOTE AND ADMINISTER INTERNATIONAL EDUCATIONAL OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL STUDENT PROGRAM SERVING APROXIMATELY 201 STUDENTS.
INTERNATIONAL STUDENT PROGRAM SERVING APROXIMATELY 201 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Laband President | OfficerTrustee | 40 | $90,000 |
Dan Baxter Vice Preside | OfficerTrustee | 1 | $0 |
Robin Beukers Treasurer | OfficerTrustee | 1 | $0 |
Erika Thompson Secretary | OfficerTrustee | 1 | $0 |
Steve Laband Board Member | Trustee | 1 | $0 |
John Martinka Board Member | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $739,571 |
Investment income | $31,909 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $17,882 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $977,097 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $511,727 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $73,904 |
Payroll taxes | $43,021 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,362 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $177,903 |
Advertising and promotion | $2,909 |
Office expenses | $4,824 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $49,830 |
Travel | $0 |
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 | $10,959 |
Insurance | $3,187 |
All other expenses | $23,524 |
Total functional expenses | $1,007,148 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $849,004 |
Savings and temporary cash investments | $20,464 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $40,853 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $23,277 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $10,668 |
Investments—publicly traded securities | $991,110 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,498 |
Total assets | $1,942,874 |
Accounts payable and accrued expenses | $5,111 |
Grants payable | $0 |
Deferred revenue | $587,709 |
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 | $1,003 |
Total liabilities | $593,823 |
Net assets without donor restrictions | $0 |
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 | $1,349,051 |
Total liabilities and net assets/fund balances | $1,942,874 |
Over the last fiscal year, we have identified 2 grants that Northwest Student Exchange has recieved totaling $6,331.
Awarding Organization | Amount |
---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,322 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
Organization Name | Assets | Revenue |
---|---|---|
Earthcorps Seattle, WA | $3,549,376 | $3,521,674 |
Education Travel & Culture Inc Portland, OR | $4,814,331 | $3,413,705 |
Foundation For Worldwide International Student Exchange Bow, WA | $1,523,155 | $2,210,130 |
Northwest Student Exchange Seattle, WA | $1,942,874 | $977,097 |
Ymam-Battambang Cambodia Friends Yakima, WA | $60,879 | $324,570 |
Hope For Youth International Federal Way, WA | $11,106 | $0 |
The Amandla Project Mercer Island, WA | $1,861 | $0 |
Africas Kidz Lynden, WA | $3,685 | $45,415 |
Japanese Education Exchange Fund Inc Anchorage, AK | $80,808 | $0 |
International Summerstays Portland, OR | $0 | $5,202 |
Washington Cultural Exchange Kenmore, WA | $0 | $2 |