2020-02-03T14:12:59-06:00 2019-09-30 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2018-10-01 043174501 EF INTERCULTURAL FOUNDATION INC EFIN 8004571300 ONE EDUCATION STREET CAMBRIDGE MA 02141 STAN THOUVENY TREASURER 6176191149 2020-01-23 1 MARK J PREZIOSI P00968923 7813564800 50.78.249.1 2020-01-23 11:02:49 ES P 7F5FE996FA058CEB0065FCD4F2E6EAA98943E5E0 1162D84580A2728FAB810BB07A5075FB9277F4DF 2018 2020-09-23 17:36:50Z LARS AHLQVIST ONE EDUCATION STREET CAMBRIDGE MA 02141 4955471 0 X WWW.EFHOMESTAY.ORG X 1992 MA TO OPERATE PROGRAMS OF INTERNATIONAL EDUCATION AND CULTURAL EXCHANGE BETWEEN THE UNITED STATES AND OTHER COUNTRIES. 2 2 243 8 0 0 0 0 5418316 4924911 1191 30560 0 0 5419507 4955471 0 0 0 0 1731468 1537855 0 0 0 3661411 3286855 5392879 4824710 26628 130761 755941 2003543 210165 1327006 545776 676537 TO OPERATE PROGRAMS OF INTERNATIONAL EDUCATION AND CULTURAL EXCHANGE BETWEEN THE UNITED STATES AND OTHER COUNTRIES. 0 0 3234876 4924911 DEVELOP AND MANAGE VISITOR EXCHANGE PROGRAMS FOR TEEN-AGED STUDENTS TO ENHANCE THEIR KNOWLEDGE, AWARENESS, AND APPRECIATION OF INTERNATIONAL CULTURE AND LANGUAGE THROUGH ACTIVE PARTICIPATION ABROAD. APPROXIMATELY 1,936 STUDENTS SERVED IN 2019. 3234876 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 125 0 243 1 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 MA CA X X STAN THOUVENY 6176191149 ONE EDUCATION STREET CAMBRIDGE MA 02141 JENS APPELKVIST DIRECTOR 1.00 X 0 0 0 LISA SOUSA DIRECTOR 1.00 X 0 0 0 STAN THOUVENY EFF 10012019 TREASURER/CLERK 3.00 X 0 0 0 LARS AHLQVIST PRESIDENT 1.00 X 0 0 0 MARK HILDITCH THRU 09302019 TREASURER/CLERK 1.00 X 0 0 0 MARYANN TRUE AREA MANAGER 40.00 X 167189 0 16793 167189 0 16793 1 0 1 0 SEYFARTH SHAW LLP 131 S DEARBORN SUITE 2400 CHICAGO IL 60603 LEGAL SERVICES 183540 NBC UNIVERSAL LLC 100 UNIVERSAL CITY PLAZA UNICERSAL CITY CA 91608 ENTERTAINMENT SERVICES 156229 2 PROGRAM FEE REVENUE 611710 4924911 4924911 4924911 30560 30560 4955471 4924911 0 30560 1300912 677345 623567 6871 2290 4581 117877 74735 43142 112195 42852 69343 260293 260293 14500 14500 16031 16031 106992 106992 74570 74570 149792 149792 2516 2516 TRANSPORTATION 825768 825768 TOURS 620292 620292 ACCOMMODATION EXPENSES 549502 549502 OTHER DIRECT COSTS 442092 442092 224507 224507 4824710 3234876 1589834 0 527581 1970918 24772 24648 1906 5972 62882 60877 4521 2005 197161 0 755941 2003543 210165 123079 0 1203927 210165 1327006 X 545776 676537 545776 676537 755941 2003543 130761 0 X 0 1 X 1 0 X 8758549 6474038 5623457 5418316 4924911 31199271 8758549 6474038 5623457 5418316 4924911 31199271 0 0 0 31199271 1191 30560 31751 1191 30560 31751 271 271 8758549 6474038 5623728 5419507 4955471 31231293 0.99900 1.00000 0.00100 X 62882 60877 2005 2005 DUE TO AFFILIATED COMPANIES 1203927 1203927 5059163 103692 103692 4955471 0 4955471 4928402 103692 103692 4824710 0 4824710 X 0 0 0 0 0 0 0 0 0 MARYANN TRUE AREA MANAGER 167189 0 0 0 0 0 6125 0 10668 0 183982 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DOES NOT HAVE ANY COMMITTEES. DUE TO THE SIZE OF THE BOARD (2 MEMBERS), ALL DIRECTORS AND OFFICERS ARE INVOLVED IN ALL FOUNDATION DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S TREASURER AND CLERK PRESENT A DRAFT OF THE FORM 990 TO THE BOARD, WHICH IS PREPARED BY THE FOUNDATION'S INDEPENDENT ACCOUNTANTS. ANY RESULTANT COMMENTS AND CHANGES ARE THEN INCORPORATED INTO THE FORM 990 BY THE INDEPENDENT ACCOUNTANTS. A FINAL VERSION OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND DIRECTORS OF THE FOUNDATION ARE REQUIRED TO FILE A STATEMENT ON AN ANNUAL BASIS DISCLOSING ANY POTENTIAL INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THESE STATEMENTS ARE COMPLETED AT THE BEGINNING OF EACH FISCAL YEAR AND ARE EVALUATED BY THE OFFICERS OF THE FOUNDATION. INDIVIDUALS WITH POTENTIAL CONFLICTS OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN ANY DELIBERATIONS OR DECISIONS THAT MAY BE EFFECTED BY A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR TOP OFFICIALS IS BASED UPON APPROVAL BY THE BOARD OF DIRECTORS. FOR OTHER KEY EMPLOYEES AND OFFICERS, COMPENSATION IS BASED UPON A FIXED SUM AGREED UPON AT THE TIME OF EMPLOYMENT. THIS SUM REFLECTS AN EMPLOYEE'S LEVEL OF EXPERIENCE AND EXPERTISE WHEN (S)HE JOINS THE FOUNDATION. SALARIES ARE STRICTLY CONFIDENTIAL AND NEGOTIATED INDIVIDUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE WEBSITES OF CERTAIN STATE REGULATORY AGENCIES AS WELL AS UPON REQUEST. THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 UNDER AN AGREEMENT WITH EF EDUCATION FIRST, LTD., THE FOUNDATION IS COMPENSATED FOR OPERATING AND ADMINISTERING EDUCATIONAL AND CULTURAL EXCHANGE PROGRAMS WITHIN THE UNITED STATES. EF EDUCATION FIRST, LTD. REIMBURSED THE FOUNDATION FOR ALL PRODUCTION COSTS AND OTHER APPROVED EXPENDITURES INCURRED. FOR THE YEAR ENDED SEPTEMBER 30, 2019, THE AMOUNT OF THESE COSTS TOTALED $4,924,911, AND ARE INCLUDED IN PROGRAM FEE REVENUE ON FORM 990, PART VIII. AMOUNTS OWED TO AFFILIATED COMPANIES AT SEPTEMBER 30, 2019 TOTALED $1,203,927 AND ARE INCLUDED IN OTHER LIABILITIES ON FORM 990, PART X. INTEREST INCOME RECOGNIZED RELATIVE TO THE BALANCES DUE TO/FROM AFFILIATED COMPANIES TOTALED $30,560 FOR THE YEAR ENDED SEPTEMBER 30, 2019. THE FOUNDATION LEASES ITS PRIMARY OFFICE SPACE IN CAMBRIDGE, MASSACHUSETTS FROM EFEKTA HOUSE, INC. THE ORIGINAL LEASE WAS ENTERED INTO DECEMBER 1, 2014 AND WAS AMENDED ON JANUARY 1, 2016 AND ON OCTOBER 1, 2017. THE AMENDED LEASE CALLS FOR ANNUAL RENT OF $74,620 AND EXPIRES ON SEPTEMBER 30, 2023. DURING 2019, EFEKTA DID NOT CHARGE THE FOUNDATION RENT. AN IN-KIND CONTRIBUTION OF $103,692 WAS RECOGNIZED ON THE FOUNDATION'S FINANCIAL STATEMENTS IN 2019, WHICH IS THE ESTIMATED FAIR MARKET VALUE OF THE OFFICE SPACE PLUS CERTAIN UTILITY COSTS. NO EXPENSE IS REFLECTED ON THE TAX RETURN RELATIVE TO IN-KIND RENT. EF INTERNATIONAL EDUCATION FOUNDATION LLC ONE EDUCATION STREET CAMBRIDGE MA 02141 452721466 EVALUATION OF APPLICATIONS FOR SCHOLARSHIPS MA 0 EF INTERCULTURAL FOUNDATION INC