Program Of Academic Exchange
Program Of Academic Exchange maintains stable finances with consistent revenue and expense levels and no reported officer compensation.
EIN: 20439252 · New Rochelle, NY · NTEE: Q220 · Updated: 2026-03-28
Is Program Of Academic Exchange Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Program Of Academic Exchange directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Program Of Academic Exchange
Program Of Academic Exchange (EIN: 20439252) is a nonprofit organization based in New Rochelle, NY, classified under NTEE code Q220. The organization reported total revenue of $8.6M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Program Of Academic Exchange's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Program Of Academic Exchange is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.9M |
| Total Expenses | $8.8M |
| Surplus / Deficit | +$128K |
| Total Assets | $4.1M |
| Total Liabilities | $1.5M |
| Net Assets | $2.5M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 37.4% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2023, Program Of Academic Exchange reported a surplus of $128K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 37.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Program Of Academic Exchange's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.0% | +28.0% | +5.1% |
| 2022 | +2.3% | +31.6% | -8.9% |
| 2021 | +1.8% | -22.4% | +35.4% |
| 2020 | -32.8% | -30.6% | +10.4% |
| 2019 | +16.1% | +10.1% | +29.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Program Of Academic Exchange with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Program Of Academic Exchange allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $128K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of this size with revenues consistently in the multi-millions.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Program Of Academic Exchange's IRS 990 filings:
- Consistent 0% officer compensation for a multi-million dollar organization, which warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Program Of Academic Exchange:
- Consistent financial stability with revenues generally covering expenses.
- Strong asset growth, increasing from $2,839,016 in 201909 to $4,063,310 in 202309.
- High transparency regarding executive compensation, reporting 0% across all filings.
- Demonstrated ability to manage significant revenue and expense levels over a long period.
Frequently Asked Questions about Program Of Academic Exchange
Is Program Of Academic Exchange a legitimate charity?
Based on AI analysis of IRS 990 filings, Program Of Academic Exchange (EIN: 20439252) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Program Of Academic Exchange spend its money?
Program Of Academic Exchange directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Program Of Academic Exchange tax-deductible?
Program Of Academic Exchange is registered as a tax-exempt nonprofit (EIN: 20439252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Program Of Academic Exchange manage to operate with 0% officer compensation given its multi-million dollar revenue?
The consistent reporting of 0% officer compensation suggests that leadership roles may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, or that the organization has a unique operational model.
What are the specific program activities that account for the majority of the organization's expenses?
The provided data does not detail specific program activities, but given the NTEE code Q220 (Student Exchange Programs), it is highly probable that the expenses are primarily related to facilitating academic exchange programs.
What is the organization's strategy for managing liabilities, which have fluctuated significantly?
Liabilities have varied, from a low of $243,496 in 201409 to a high of $2,010,816 in 202009. The organization appears to manage these fluctuations, with liabilities at $1,519,931 in the latest period, suggesting a dynamic approach to financial obligations.
Filing History
IRS 990 filing history for Program Of Academic Exchange showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Program Of Academic Exchange's revenue has grown by 34.6%, moving from $6.6M to $8.9M. Total assets increased by 65.7% over the same period, from $2.5M to $4.1M. Total functional expenses rose by 50.3%, from $5.9M to $8.8M. In its most recent filing year (2023), Program Of Academic Exchange reported a surplus of $128K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $4.1M in assets (debt-to-asset ratio: 37.4%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.9M | $8.8M | $4.1M | $1.5M | — | — |
| 2022 | $6.9M | $6.9M | $3.9M | $1.4M | — | — |
| 2021 | $6.7M | $5.2M | $4.2M | $1.6M | — | View 990 |
| 2020 | $6.6M | $6.7M | $3.1M | $2.0M | — | — |
| 2019 | $9.8M | $9.7M | $2.8M | $1.6M | — | View 990 |
| 2018 | $8.5M | $8.8M | $2.2M | $1.2M | — | View 990 |
| 2017 | $8.8M | $9.6M | $2.1M | $685K | — | View 990 |
| 2016 | $10.3M | $10.6M | $2.8M | $725K | — | View 990 |
| 2015 | $10.9M | $10.7M | $3.0M | $681K | — | View 990 |
| 2014 | $7.7M | $7.5M | $2.9M | $243K | — | View 990 |
| 2013 | $7.4M | $7.0M | $2.6M | $186K | — | View 990 |
| 2012 | $6.8M | $6.5M | $2.3M | $287K | — | View 990 |
| 2011 | $6.6M | $5.9M | $2.5M | $683K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.9M, expenses of $8.8M, and assets of $4.1M (revenue +30.0% year-over-year).
- 2022: Revenue of $6.9M, expenses of $6.9M, and assets of $3.9M (revenue +2.3% year-over-year).
- 2021: Revenue of $6.7M, expenses of $5.2M, and assets of $4.2M (revenue +1.8% year-over-year).
- 2020: Revenue of $6.6M, expenses of $6.7M, and assets of $3.1M (revenue -32.8% year-over-year).
- 2019: Revenue of $9.8M, expenses of $9.7M, and assets of $2.8M (revenue +16.1% year-over-year).
- 2018: Revenue of $8.5M, expenses of $8.8M, and assets of $2.2M (revenue -3.9% year-over-year).
- 2017: Revenue of $8.8M, expenses of $9.6M, and assets of $2.1M (revenue -14.7% year-over-year).
- 2016: Revenue of $10.3M, expenses of $10.6M, and assets of $2.8M (revenue -5.0% year-over-year).
- 2015: Revenue of $10.9M, expenses of $10.7M, and assets of $3.0M (revenue +41.6% year-over-year).
- 2014: Revenue of $7.7M, expenses of $7.5M, and assets of $2.9M (revenue +3.6% year-over-year).
- 2013: Revenue of $7.4M, expenses of $7.0M, and assets of $2.6M (revenue +9.5% year-over-year).
- 2012: Revenue of $6.8M, expenses of $6.5M, and assets of $2.3M (revenue +1.9% year-over-year).
- 2011: Revenue of $6.6M, expenses of $5.9M, and assets of $2.5M.
Data Sources and Methodology
This transparency report for Program Of Academic Exchange is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.