Form 990 for tax year 2023
Filed by FOUNDATION FOR INTERNATIONAL UNDERSTANDING THROUGH STUDENTS.
Totals
- Total revenue
- $1,010,928
- Total expenses
- $1,024,210
- Contributions and grants received
- $262,318
- Grants paid
- $5,000
- Program service revenue
- $746,547
- Investment income
- $8
- Other revenue
- $2,055
- Total assets, end of year
- $471,237
- Total liabilities, end of year
- $641,831
- Net assets or fund balances, end of year
- -$170,594
- Program services expenses (Part IX)
- $825,924
- Management and general expenses
- $118,465
- Fundraising expenses
- $79,821
- Program service expenses (Part III)
- $825,924
Program services were 80.6% 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.
-
1b · Membership dues
$475
-
1e · Government grants (contributions)
$4,971
-
1f · All other contributions, gifts and grants
$256,872
-
2a · Program service revenue: Visiting Programs
total $716,220 · related or exempt $716,220
-
2b · Program service revenue: Activity Fees
total $15,583 · related or exempt $15,583
-
2c · Program service revenue: Student Programs
total $14,744 · related or exempt $14,744
-
3 · Investment income
total $8 · excluded $8
-
11a · Other revenue: Cashback Rewards
total $2,055 · related or exempt $2,055
-
11e · Other revenue, total
$2,055
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $5,000 · program services $5,000
-
5 · Compensation of officers, directors and key employees
total $90,000 · program services $68,027 · management and general $9,035 · fundraising $12,938
-
7 · Other salaries and wages
total $280,770 · program services $212,223 · management and general $28,186 · fundraising $40,361
-
8 · Pension plan contributions
total $6,820 · program services $4,543 · management and general $805 · fundraising $1,472
-
9 · Other employee benefits
total $32,439 · program services $26,256 · management and general $3,449 · fundraising $2,734
-
10 · Payroll taxes
total $35,886 · program services $27,205 · management and general $3,789 · fundraising $4,892
-
11c · Fees: accounting
total $11,059 · management and general $11,059
-
11g · Fees: other
total $63,472 · program services $50,666 · management and general $5,148 · fundraising $7,658
-
12 · Advertising and promotion
total $13,066 · program services $11,763 · management and general $948 · fundraising $355
-
13 · Office expenses
total $31,357 · program services $27,709 · management and general $530 · fundraising $3,118
-
14 · Information technology
total $6,577 · program services $3,198 · management and general $3,139 · fundraising $240
-
16 · Occupancy
total $63,856 · program services $51,085 · management and general $8,940 · fundraising $3,831
-
20 · Interest
total $35,534 · management and general $35,534
-
23 · Insurance
total $5,556 · program services $2,546 · management and general $2,841 · fundraising $169
-
24a · Other expenses: Student Activities
total $335,931 · program services $332,641 · management and general $2,742 · fundraising $548
-
24b · Other expenses: Staff & Volunteer Expenses
total $1,749 · program services $1,327 · management and general $352 · fundraising $70
-
24e · All other expenses
total $5,138 · program services $1,735 · management and general $1,968 · fundraising $1,435
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,569 · end of year $12,910
-
4 · Accounts receivable
beginning of year $206,725 · end of year $185,370
-
9 · Prepaid expenses and deferred charges
beginning of year $15,369 · end of year $76,799
-
15 · Other assets
beginning of year $259,776 · end of year $196,158
-
17 · Accounts payable and accrued expenses
beginning of year $173,427 · end of year $146,455
-
19 · Deferred revenue
beginning of year $86,929 · end of year $172,182
-
24 · Unsecured notes and loans payable
beginning of year $106,785 · end of year $100,644
-
25 · Other liabilities
beginning of year $277,610 · end of year $222,550
-
27 · Net assets without donor restrictions
beginning of year -$157,312 · end of year -$170,594
Mission and programs · 2023
Mission
FIUTS connects university students with local and global communities through cross-cultural experiences, student leadership, and community connections.
-
FIUTS hosts short-term visiting programs from around the world that offer unique leadership and diplomacy experiences to small groups of youth and students for 1-5 weeks in the U.S.
Expenses $530,672 · Revenue $716,219
-
FIUTS builds community and safe space for international and American students to foster belonging, civic engagement and leadership. Social programs support students building strong networks and bonds to our region.
Expenses $192,956 · Grants $5,000 · Revenue $14,744
-
FIUTS connects students to our community through hosting and other events, where both students and community members have opportunities to share experiences and broaden their networks and understanding of the worlds cultural richness.
Expenses $102,296 · Revenue $15,583
As filed on the 2023 return.
Listed in Part VII
-
Era Schrepfer
Executive Director
- Total calculated
- $105,064
- From this org
- $90,207
- From related orgs
- $0
- Other
- $14,857
- Hours/week
- 40
-
Fortunato Vega
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Shiuhao Quek
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Dan Thompson
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Anjali Malik
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Greg Siegler
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Rajeshwari Viswanathan
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Emily Na
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Ana Luiza Ferreira
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Regina Setiawan
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Samuel Han
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Jayasri Gosh
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Allegra Bosorth
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Bertwocane Adera
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Ricardo Ibarra
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Chandler Lewis
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
I-Nong Lee
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Jay Liu
Trustee
- Total calculated
- $0
- Hours/week
- 0.25
-
Rich Millies
President
- Total calculated
- $0
- Hours/week
- 2
-
Duane Landon
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Kate Spoor
Secretary
- Total calculated
- $0
- Hours/week
- 2
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
- 4 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511259349302296
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