Form 990 for tax year 2023
Filed by INTERNATIONAL FIRST COMMITTEE ASSOCIATION.
Totals
- Total revenue
- $9,807,447
- Total expenses
- $7,859,784
- Contributions and grants received
- $9,146,493
- Grants paid
- $2,426,482
- Program service revenue
- $502,788
- Investment income
- $158,166
- Other revenue
- $0
- Total assets, end of year
- $3,975,009
- Total liabilities, end of year
- $545,029
- Net assets or fund balances, end of year
- $3,429,980
- Program services expenses (Part IX)
- $7,803,627
- Management and general expenses
- $23,143
- Fundraising expenses
- $33,014
- Program service expenses (Part III)
- $7,803,627
Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$9,146,493
-
1g · Noncash contributions included above
$1,519,018
-
2a · Program service revenue: Team Participation Fees
total $502,788 · related or exempt $502,788
-
3 · Investment income
total $158,166 · related or exempt $158,166
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $2,426,482 · program services $2,426,482
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $564,832 · program services $536,590 · management and general $11,297 · fundraising $16,945
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $39,179 · program services $37,220 · management and general $784 · fundraising $1,175
-
10 · Payroll taxes
total $44,066 · program services $41,863 · management and general $882 · fundraising $1,321
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $28,409 · program services $12,367 · management and general $2,674 · fundraising $13,368
-
13 · Office expenses
total $324 · program services $259 · management and general $65
-
14 · Information technology
total $103,776 · program services $98,631 · management and general $5,145
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $10,340 · program services $10,340
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,581 · program services $1,502 · management and general $79
-
24a · Other expenses: Event Services
total $4,481,717 · program services $4,481,717
-
24b · Other expenses: Legal & Professional Fees
total $146,681 · program services $146,044 · management and general $432 · fundraising $205
-
24c · Other expenses: Bank Fees
total $10,167 · program services $8,878 · management and general $1,289
-
24d · Other expenses: Dues
total $1,369 · program services $958 · management and general $411
-
24e · All other expenses
total $861 · program services $776 · management and general $85
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,943,612 · end of year $3,755,909
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $12,334 · end of year $136,915
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $308,071 · end of year $82,185
-
17 · Accounts payable and accrued expenses
beginning of year $720,682 · end of year $483,463
-
25 · Other liabilities
beginning of year $61,018 · end of year $61,566
-
27 · Net assets without donor restrictions
beginning of year $1,482,317 · end of year $2,326,529
-
28 · Net assets with donor restrictions
end of year $1,103,451
Mission and programs · 2023
Mission
The mission of FIRST Global is to enhance the global call for STEM education in the international student community. FIRST Global does so by combining the excitement of sport through robotic challenges with the rigors of science and technology, while emphasizing the value of nations' cooperation in addressing the Grand Challenges of Engineering, as identified by the National Academy of Engineering of the United States, that our planet and people must tackle in order to thrive.Because of this, the collaborative character of leadership brought out in international youth by this effort is a defining basis of FIRST Global's success.
Activities or mission (Part I)
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.
-
In October 2023, the FIRST Global Challenge was hosted in Singapore. An Olympic-style competition, the 2023 challenge engaged teams from 191 nations, with all teams able to travel to the event in Singapore. 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 1,836 high school students participated, under the guidance of 937 volunteer mentors. The 2023 theme of Hydrogen Horizons highlighted the potential of hydrogen as a sustainable energy source and the teams worked to produce, store, transport and convert hydrogen into different forms of usable energy. Teams learned about all types of renewable energy, including hydrogen technologies and the steps to create a clean energy future.
Expenses $7,803,627 · Grants $2,426,482 · Revenue $9,807,446
As filed on the 2023 return.
Listed in Part VII
-
Stephanie Slezycki
Dir of Development
- Total calculated
- $123,324
- From this org
- $113,376
- From related orgs
- $0
- Other
- $9,948
- Hours/week
- 40
-
Dean Kamen
President
- Total calculated
- $0
- Hours/week
- 5
-
Maureen Toohey
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Brendan Duffy
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Vincent Wilczynski
Acting Exec Dir
- Total calculated
- $0
- Hours/week
- 15
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349318258
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