NATIONAL STUDENT EXCHANGE INC

EIN: 822267125 501(c)(3) Human Services

AMES, IA

Total Revenue
$522,430
Total Expenses
$459,826
Total Assets
$1,284,368
Net Assets
$1,134,522
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
IA
Principal Officer
DEBRA SANBORN
Phone
5154505529
Tax Period
2023-07-01 to 2024-06-30

NATIONAL STUDENT EXCHANGE INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $522K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $460K left a modest 12% surplus.

Mission

NATIONAL STUDENT EXCHANGE INSPIRES ACADEMIC ENRICHMENT, PERSONAL EXPLORATION, AND STUDENT DEVELOPMENT BY FACILITATING ACCESSIBLE COLLEGIATE STUDY AWAY AMONG MEMBER COLLEGES AND UNIVERSITIES THROUGHOUT THE UNITED STATES, CANADA, AND U.S. TERRITORIES.

Program Service Accomplishments

Program 1
Expenses: $363,152 Revenue: $481,882

THE NATIONAL STUDENT EXCHANGE (NSE), A NOT-FOR-PROFIT EDUCATION CONSORTIUM, PROVIDES AFFORDABLE AND PRACTICAL OPPORTUNITIES FOR STUDENTS ENROLLED AT MEMBER CAMPUSES TO STUDY AND LIVE IN A NEW...

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THE NATIONAL STUDENT EXCHANGE (NSE), A NOT-FOR-PROFIT EDUCATION CONSORTIUM, PROVIDES AFFORDABLE AND PRACTICAL OPPORTUNITIES FOR STUDENTS ENROLLED AT MEMBER CAMPUSES TO STUDY AND LIVE IN A NEW LOCATION. NSE STUDENTS HAVE FOUND THEIR EXCHANGES CULTURALLY ENRICHING, ACADEMICALLY REWARDING, AND ONE OF THE MOST SIGNIFICANT EXPERIENCES OF THEIR UNDERGRADUATE EDUCATION. DURING THE FISCAL YEAR ENDING JUNE 30, 2024, THE NATIONAL STUDENT EXCHANGE PLACED 1,318 STUDENTS FOR EXCHANGE.

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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 $1,424
Program Service Revenue $481,882
Investment Income $39,124
Other Revenue $0
TOTAL REVENUE $522,430

Expense Breakdown

Grants Paid $1,500
Salaries & Benefits $270,369
Fundraising Expenses $0
Program Expenses $363,152
Other Expenses $187,957
TOTAL EXPENSES $459,826

Year-over-Year Comparison

2023 2022 Change
Revenue $522,430 $314,932 +0.7%
Expenses $459,826 $438,774 +0.0%
Net Income $62,604 $-123,842 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
5
Employees
3
Volunteers
26

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
$192,114
Total Directors
11
$192,114
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBRA SANBORN PRESIDENT 55.00
Officer Director
$124,639 $15,657 $140,296
DAVID HOLLIDAY VICE PRESIDE 20.00
Officer Director
$41,711 $10,107 $51,818
ERIKA BENHARDT DIR. (THRU 3 0.50
Director
$0 $0 $0
GREG GOLDEN DIR. (THRU 1 0.50
Director
$0 $0 $0
LUIS IRIZARRY-RAMIREZ DIR. (THRU 3 0.50
Director
$0 $0 $0
STACY JONES DIRECTOR 0.50
Director
$0 $0 $0
STACEY LANG DIR. (EFF 3/ 0.50
Director
$0 $0 $0
BROOKE LAYHEE DIR. (EFF 3/ 0.50
Director
$0 $0 $0
ASHA MCCAULEY DIR. (THRU 3 0.50
Director
$0 $0 $0
KELLY MORAN DIR. (EFF 11 0.50
Director
$0 $0 $0
RAYNA TAGALICOD DIR. (EFF 3/ 0.50
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 $522,430 $459,826 $1,284,368 $62,604
2023 $314,932 $438,774 $1,219,758 $-123,842
2022 $475,696 $411,721 $1,346,511 $63,975
2021 $417,100 $395,357 $1,282,536 $21,743
2020 $510,919 $520,099 $1,296,207 $-9,180
2019 $499,257 $503,061 $1,268,694 $-3,804
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