FORTE INTERNATIONAL EXCHANGE ASSOCIATION

EIN: 522305779 501(c)(3) International Affairs

Falls Church, VA

Total Revenue
$1,988,679
Total Expenses
$1,526,117
Total Assets
$4,763,589
Net Assets
$4,763,589
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VA
Phone
7032371688
Tax Period
2024-01-01 to 2024-12-31

FORTE INTERNATIONAL EXCHANGE ASSOCIATION, founded in 2001, is a community nonprofit in the International Affairs sector that reported $1.9M in total revenue in fiscal year 2018. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

Designated by U.S. State Department to promote cultural exchange among young students from different countries. Provide training and professional visits for groups from foreign countries in order to promote mutual understanding.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,795,991
Investment Income $192,688
Other Revenue $0
TOTAL REVENUE $1,988,679

Expense Breakdown

Grants Paid $0
Salaries & Benefits $656,387
Fundraising Expenses $0
Program Expenses $672,568
Other Expenses $869,730
TOTAL EXPENSES $1,526,117

Year-over-Year Comparison

2024 2023 Change
Revenue $1,988,679 $1,471,921 +0.4%
Expenses $1,526,117 $1,266,271 +0.2%
Net Income $462,562 $205,650 +1.2%
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

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Governance

Voting Members
3
Independent Members
1
Employees
7
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
0
$0
Total Directors
1
$50,000
Key Employees
1
$50,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MUBIAO CHEN PRESIDENT 0.00
Director Key Emp
$50,000 $0 $50,000
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 $1,988,679 $1,526,117 $4,763,589 $462,562
2023 $1,471,921 $1,266,271 $4,301,027 $205,650
2022 $1,812,811 $1,460,401 $4,095,377 $352,410
2021 $1,490,685 $1,000,736 $3,742,967 $489,949
2020 $963,053 $1,062,072 $3,253,018 $-99,019
2019 $2,462,228 $2,193,587 $3,407,877 $268,641
2018 $1,940,331 $1,925,407 $3,205,400 $14,924
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