AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL (AFNES) C/O DR BARRY W ICKES

EIN: 251787436 501(c)(3) International Affairs

UNIVERSITY PARK, PA

Total Revenue
$188,942
Total Expenses
$246,996
Total Assets
$5,306
Net Assets
$5,306
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
DE
Principal Officer
DR BARRY W ICKES
Phone
8148632652
Tax Period
2023-09-01 to 2024-08-31

AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL (AFNES) C/O DR BARRY W ICKES, founded in 1996, is a small nonprofit in the International Affairs sector that reported $189K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $247K exceeded revenue, resulting in a 31% operating deficit.

Mission

FOSTER THE DEVELOPMENT OF ECONOMICS EDUCATION IN RUSSIA AND ADVANCING ACADEMIC COOPERATION BETWEEN AMERICAN AND RUSSIAN INSTITUTIONS AND TO COOPERATE WITH OTHER CHARITABLE ORGANIZATIONS WHETHER LOCAL, NATIONAL, OR INTERNATIONAL IN FURTHERANCE OF THE ORGANIZATION'S PURPOSE.

Program Service Accomplishments

Program 1
Expenses: $225,243

THE ORGANIZATION PROVIDES FACULTY MEMBERS TO TEACH AT THE NEW ECONOMIC SCHOOL AND HELPS PLACE GRADUATE STUDENTS FROM THE NEW ECONOMIC SCHOOL IN PH.D. PROGRAMS ABROAD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $180,418
Program Service Revenue $0
Investment Income $3,524
Other Revenue $5,000
TOTAL REVENUE $188,942

Expense Breakdown

Grants Paid $51,645
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $225,243
Other Expenses $195,351
TOTAL EXPENSES $246,996

Year-over-Year Comparison

2023 2022 Change
Revenue $188,942 $159,155 +0.2%
Expenses $246,996 $285,962 -0.1%
Net Income $-58,054 $-126,807 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
1

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY W ICKES PRESIDENT/TREASURER 20.00
Officer Director
$0 $0 $0
ROMAN FRYDMAN SECRETARY 5.00
Officer Director
$0 $0 $0
ILYA A STREBULAEV DIRECTOR 0.50
Director
$0 $0 $0
ALEXANDER AGANIN DIRECTOR 0.10
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $188,942 $246,996 $5,306 $-58,054
2023 $159,156 $285,963 $63,360 $-126,807
2022 $224,752 $542,669 $190,167 $-317,917
2021 $517,230 $402,949 $472,399 $114,281
2020 $365,847 $301,181 $358,118 $64,666
2019 $397,526 $250,259 $293,452 $147,267
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