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Foundation For Academic Cultural Exchange

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: International, Foreign Affairs and National Security / International Student Exchange and Aid (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$116k (2024)

Expenses
$100k (2024)

Total Assets
$142k (2024)

Total Liabilities
$127k (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$116,090
Expenses
$100,080
Net Income
$16,010
Net Assets
$15,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $116,076
100.0%
Program Services $0
Investment Income $14
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $142,317
Total Liabilities $126,746
Net Assets $15,571
Compensation
Key Employees and Officers Compensation Other
Kunxiang Chen (President & Ceo) $42,000 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$109,538
Expenses
$96,475
Net Income
$13,063
Net Assets
-$439
Notable Sources of Revenue Percent of Total Revenue
Contributions $109,526
100.0%
Program Services $0
Investment Income $12
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $92,815
Total Liabilities $93,254
Net Assets -$439
Compensation
Key Employees and Officers Compensation Other
Kunxiang Chen (President & Ceo) $47,000 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$66,994
Expenses
$97,465
Net Income
-$30,471
Net Assets
-$4,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $66,993
100.0%
Program Services $0
Investment Income $1
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $86,756
Total Liabilities $90,806
Net Assets -$4,050
Compensation
Key Employees and Officers Compensation Other
Kunxiang Chen (President & Ceo) $48,000 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$85,625
Expenses
$76,574
Net Income
$9,051
Net Assets
$26,421
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $38,513
45.0%
Investment Income $2
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $47,110
55.0%
Assets/Debt
Total Assets $87,863
Total Liabilities $61,442
Net Assets $26,421
Compensation
Key Employees and Officers Compensation Other
Kunxiang Chen (President & Ceo) $48,000 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$266,340
Expenses
$271,904
Net Income
-$5,564
Net Assets
$17,370
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $266,334
100.0%
Investment Income $6
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $66,000
24.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $46,820
Total Liabilities $29,450
Net Assets $17,370
Compensation
Key Employees and Officers Compensation Related Other
Christine Wiseman (President & Ceo) $54,500 $0 $0
Richard Wiseman (Former Ceo) $11,500 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$320,939
Expenses
$323,761
Net Income
-$2,822
Net Assets
$22,934
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $320,931
100.0%
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $16,920
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $55,080
17.0%
Assets/Debt
Total Assets $132,633
Total Liabilities $109,699
Net Assets $22,934
Compensation
Key Employees and Officers Compensation Related Other
Kunxiang Chen (Assistant To Ceo) $55,080 $0 $0
Richard Wiseman (President & Ceo) $16,920 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$303,434
Expenses
$315,544
Net Income
-$12,110
Net Assets
$25,756
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $303,427
100.0%
Investment Income $7
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $16,920
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $55,080
17.5%
Assets/Debt
Total Assets $163,591
Total Liabilities $137,835
Net Assets $25,756
Compensation
Key Employees and Officers Compensation Related Other
Richard Wiseman (President & Ceo) $16,920 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$360,679
Expenses
$361,471
Net Income
-$792
Net Assets
$37,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $360,673
100.0%
Investment Income $6
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $32,460
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $39,540
10.9%
Assets/Debt
Total Assets $158,715
Total Liabilities $120,849
Net Assets $37,866
Compensation
Key Employees and Officers Compensation Related Other
Richard Wiseman (President & Ceo) $32,460 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$453,015
Expenses
$492,353
Net Income
-$39,338
Net Assets
$38,658
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $453,010
100.0%
Investment Income $5
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $48,000
9.7%
Professional Fundraising Fees $0
Other Salaries and Wages $24,000
4.9%
Assets/Debt
Total Assets $197,777
Total Liabilities $159,119
Net Assets $38,658
Compensation
Key Employees and Officers Compensation Related Other
Richard Wiseman (President & Ceo) $48,000 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$601,600
Expenses
$535,856
Net Income
$65,744
Net Assets
$77,996
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $601,595
100.0%
Investment Income $5
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $48,000
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $16,000
3.0%
Assets/Debt
Total Assets $277,177
Total Liabilities $199,181
Net Assets $77,996
Compensation
Key Employees and Officers Compensation Related Other
Richard Wiseman (President & Ceo) $48,000 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$573,531
Expenses
$635,943
Net Income
-$62,412
Net Assets
-$37,749
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $573,523
100.0%
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $42,000
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $111,499
Total Liabilities $149,248
Net Assets -$37,749
Compensation
Key Employees and Officers Compensation Related Other
Richard Wiseman (Director) $42,000 $0 $0
Richard Moss (Ceo) $19,455 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$814,021
Expenses
$792,689
Net Income
$21,332
Net Assets
$24,663
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $813,998
100.0%
Investment Income $23
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $99,576
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $9,677
1.2%
Assets/Debt
Total Assets $31,829
Total Liabilities $7,166
Net Assets $24,663

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$543,616
Expenses
$601,758
Net Income
-$58,142
Net Assets
$3,331
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $543,616
100%
Investment Income $27
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $72,119
12.0%
Professional Fundraising Fees $0
Other Salaries and Wages $6,359
1.1%
Assets/Debt
Total Assets $131,329
Total Liabilities $127,998
Net Assets $3,331

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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