CENTER FOR INTERNATIONAL VIRTUAL SCHOOLING

EIN: 263528249 501(c)(3) Education

Fairfax, VA

Total Revenue
$29,820
Total Expenses
$94,990
Total Assets
N/A
Net Assets
$-42,231
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Principal Officer
EUNHEE JUNG
Tax Period
2024-01-01 to 2024-12-31

CENTER FOR INTERNATIONAL VIRTUAL SCHOOLING, founded in 2009, is a small nonprofit in the Education sector that reported $216K in total revenue in fiscal year 2023. Revenue surged 151% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 28% operating margin.

Mission

IVECA, a US non-profit linked to the UN, fosters global citizenship via virtual classroom exchanges. Its IVECA program cultivates cultural understanding among students worldwide.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,610
Program Service Revenue $22,210
Investment Income $0
Other Revenue $0
TOTAL REVENUE $29,820

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,988
Fundraising Expenses $0
Other Expenses $15,002
TOTAL EXPENSES $94,990

Year-over-Year Comparison

2024 2023 Change
Revenue $29,820 $216,052 -0.9%
Expenses $94,990 $155,463 -0.4%
Net Income $-65,170 $60,589 -2.1%
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
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUNHEE JUNG PRESIDENT 080.00
Officer 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
2024 $29,820 $94,990 No data $-65,170
2023 $216,052 $155,463 $60,589 $60,589
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