IEF EDUCATION FOUNDATION

EIN: 954437246 501(c)(3)

MURRIETA, CA

Total Revenue
$393,935
Total Expenses
$350,781
Total Assets
$22,112
Net Assets
$-53
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Phone
9516383239
Tax Period
2017-07-01 to 2018-06-30

IEF EDUCATION FOUNDATION, founded in 1993, is a small nonprofit that reported $394K in total revenue in fiscal year 2017. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $351K left a modest 11% surplus.

Mission

THE ORGANIZATION IS DEDICATED TO PROMOTING AMERICAN EDUCATION OVERSEAS, THROUGH EDUCATIONAL CONFERENCES; SEMINARS; AMERICAN EDUCATIONAL FAIRS. ALSO PROVIDE INFORMATION & ASSISTANCE TO INTERNATIONAL STUDENTS & SCHOLARS SEEKING EDUCATIONAL OPPORTUNITIES IN UNITED STATES; PERFORM RESEARCH AND ANALYSIS ON INTERNATIONAL EDUCATIONAL DEVELOPMENT PROJECTS FOR PURPOSES OF PROMOTING INTERNATIONAL EDUCATION EXCHANGE & COOPERATION.

Program Service Accomplishments

Program 1
Expenses: $129,849 Revenue: $253,983

FAIR: ORGANIZED THREE AMERICAN EDUCATION FAIRS THIS YEAR IN FALL AND SPRING. EVENT CITIES INCLUDE SEOUL, BUSAN, AND TAIPEI.

Program 2
Expenses: $100,798 Revenue: $101,143

HUGH O'BRIAN YOUTH LEADERSHIP: AS AMERICA'S FOREMOST YOUTH LEADERSHIP ORGANIZATION, THE HUGH O'BRIAN YOUTH (HOBY) LEADERSHIP PROGRAM HAS A LONG HISTORY OF SUCESSFULLY MOTIVATING YOUNG PEOPLE TO...

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HUGH O'BRIAN YOUTH LEADERSHIP: AS AMERICA'S FOREMOST YOUTH LEADERSHIP ORGANIZATION, THE HUGH O'BRIAN YOUTH (HOBY) LEADERSHIP PROGRAM HAS A LONG HISTORY OF SUCESSFULLY MOTIVATING YOUNG PEOPLE TO DEVELOP INTO OUTSTANDING LEADERS. STUDENTS LEARN TO MOBILIZE THEIR OWN UNIQUE TRAITS AND ARE EXPOSED TO PARTICULAR LEADERSHIP PRINCIPALS THAT THEY CAN EXPLORE AND INCORPORATE IN A FASHION THAT IS TRUE TO THEIR OWN PERSONALITY.

Program 3
Expenses: $22,903 Revenue: $35,809

STUDENT SERVICES: COORDINATED OVERSEAS STUDENT SERVICES WITH THE SUPPORT OF LOCAL STUDENT ADVISING CENTERS TO OFFER GENERAL INFORMATION AND ADVISORY SESSIONS, ACADEMIC COUNSELING AND TESTING, AND...

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STUDENT SERVICES: COORDINATED OVERSEAS STUDENT SERVICES WITH THE SUPPORT OF LOCAL STUDENT ADVISING CENTERS TO OFFER GENERAL INFORMATION AND ADVISORY SESSIONS, ACADEMIC COUNSELING AND TESTING, AND STUDENT HEALTH INSURANCE INFORMATION TO INTERNATIONAL STUDENT INTERESTED IN U.S. EDUCATION. ORGANIZED SHORT TERM TRAINING PROGRAMS WITH THE PARTICIPATION OF AMERICAN UNIVERSITIES, HIGH SCHOOLS AND CHILDREN CENTERS FOR INTERNATIONAL STUDENTS AND SCHOLARS, INCLUDING YOUTH LEADERSHIP PROGRAMS, MULTI-CULTURAL CAMPS, AND TRAINING PROGRAMS RANGING FROM 2 WEEKS TO 12 MONTHS IN THE U.S.

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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 (2017)

Revenue Breakdown

Contributions & Grants $3,000
Program Service Revenue $390,935
Investment Income $0
Other Revenue $0
TOTAL REVENUE $393,935

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,873
Fundraising Expenses $0
Program Expenses $253,550
Other Expenses $282,908
TOTAL EXPENSES $350,781

Year-over-Year Comparison

2017 2016 Change
Revenue $393,935 $980,824 -0.6%
Expenses $350,781 $429,330 -0.2%
Net Income $43,154 $551,494 -0.9%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
4
Employees
4
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
2
$12,000
Total Directors
6
$12,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK FONG Chairman 1.00
Director
$0 $0 $0
JENNIFER Y HSIEH Director 1.00
Director
$0 $0 $0
PAUL CHENG Director 1.00
Director
$0 $0 $0
SUSAN LIN Director 1.00
Director
$0 $0 $0
JOAQUIN LIN President & CEO 5.00
Officer Director
$0 $0 $0
SABRINA CHANG Treasurer 1.00
Officer Director
$12,000 $0 $12,000
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
2018 $393,935 $350,781 $22,112 $43,154
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