International Community School of Addis Ababa Education Foundation

EIN: 463307162 501(c)(3) Unknown

Princeton, NJ

Total Revenue
$228,487
Total Expenses
$220,849
Total Assets
$92,370
Net Assets
$92,370
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
DE
Principal Officer
Deirdre Simon
Phone
6094520990
Tax Period
2021-07-01 to 2022-06-30

International Community School of Addis Ababa Education Foundation, founded in 2013, is a small nonprofit in the Unknown sector that reported $228K in total revenue in fiscal year 2021. Expenses of $221K left a modest 3% surplus.

Mission

The International Community School of Addis Ababa Education Foundation, Inc. will provide financial and other assistance to educational institutions located in the U.S. and abroad.

Program Service Accomplishments

Program 1
Expenses: $209,762

To provide administrative an financial support to the International Community School of Addis Ababa located in Addis Ababa, Ethiopia. Offering elementary and high school education PreK-12. The...

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To provide administrative an financial support to the International Community School of Addis Ababa located in Addis Ababa, Ethiopia. Offering elementary and high school education PreK-12. The student body is composed of 800 students from various nations.

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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 (2021)

Revenue Breakdown

Contributions & Grants $223,089
Program Service Revenue $0
Investment Income $5,398
Other Revenue $0
TOTAL REVENUE $228,487

Expense Breakdown

Grants Paid $0
Salaries & Benefits $201,830
Fundraising Expenses $0
Program Expenses $209,762
Other Expenses $19,019
TOTAL EXPENSES $220,849

Year-over-Year Comparison

2021 2020 Change
Revenue $228,487 $232,810 0.0%
Expenses $220,849 $216,808 +0.0%
Net Income $7,638 $16,002 -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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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
1
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
4
$191,810
Total Directors
8
$191,810
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Timothy Stuart Dircector 040.00
Officer Director Highest
$191,810 $0 $191,810
Bradley Anderson President 002.00
Officer Director
$0 $0 $0
Omar Carrera Vice President 002.00
Officer Director
$0 $0 $0
Deirdre A Simon Secretary/Treasurer 002.00
Officer Director
$0 $0 $0
James Laney Director 002.00
Director
$0 $0 $0
Cherice Siebert Director 002.00
Director
$0 $0 $0
Maximillian Jarrett Director 002.00
Director
$0 $0 $0
Patrick Scott Director 002.00
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
2022 $228,487 $220,849 $92,370 $7,638
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