2017-06-07T15:48:30-05:00 2016-09-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2015-10-01 020439252 PROGRAM OF ACADEMIC EXCHANGE INC PROG 9146901340 14 WILLET AVENUE PORT CHESTER NY 10573 RICHARD WAKSMAN CFO 9146901340 2017-06-07 1 ROBERT R LYONS P00227472 2125038800 2017-06-07 2015 2021-01-29 14:40:06Z RICHARD WAKSMAN 14 WILLET AVENUE PORT CHESTER NY 10573 10340536 0 X WWW.PAX.ORG X 1990 NY PAX LAURASIAN EXCHANGE ENVISIONS A GLOBAL COMMUNITY OF PEOPLE WHO ARE OPEN MINDED AND APPRECIATE CULTURAL DIFFERENCES, BECAUSE WE BELIEVE SUCH A COMMUNITY IS A FERTILE FIELD FOR JUSTICE, PEACE, AND PROSPERITY. WE ASPIRE TO BE THE QUALITY LEADER IN ACADEMIC EXCHANGE AND EXPERIENTIAL LEARNING BECAUSE WE BELIEVE SUCH EXPERIENCES TRANSFORM THE INDIVIDUAL'S ABILITY TO INFLUENCE OUR WORLD FOR THE BETTER. 10 9 76 9 0 0 2918455 2852744 7948942 7415704 3891 56884 0 0 10871288 10325332 29657 11302 0 0 3293119 3306076 0 0 0 7348756 7238884 10671532 10556262 199756 -230930 3023074 2838103 695801 724552 2327273 2113551 PROGRAM OF ACADEMIC EXCHANGE PROVIDES GLOBAL EDUCATION AND EXCHANGE OPPORTUNITIES FOR STUDENTS, HOST FAMILIES, SCHOOLS, AND COMMUNITIES TO OPEN DOORS, EMBRACE CULTURES, AND BECOME FAMILY. 0 0 10012628 11302 7415704 TO FACILITATE CROSS CULTURAL LEARNING BY ALLOWING INTERNATIONAL HIGH SCHOOL STUDENTS TO LIVE WITH HOST FAMILIES WHILE ATTENDING SCHOOL IN THE UNITED STATES. 10012628 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 300 0 76 1 0 1 JA 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH CA IN NY X RICHARD WAKSMAN 9146901340 14 WILLET AVENUE PORT CHESTER NY 10573 ROB FENSTERMACHER DIRECTOR 2.00 X 0 0 0 TOM WHITEHOUSE DIRECTOR 2.00 X 0 0 0 W EDWARD MASSEY DIRECTOR 2.00 X 0 0 0 WALTER STEWART DIRECTOR 2.00 X 0 0 0 MICHAEL MCKENNA DIRECTOR 2.00 X 0 0 0 SCOTT MEAD0WS DIRECTOR 2.00 X 0 0 0 BRADLEY SMITH PRESIDENT & CEO 40.00 X X 272297 0 7226 RODNEY GOULD DIRECTOR 2.00 X 0 0 0 KEVIN MCQUADE DIRECTOR 2.00 X 0 0 0 DAVID MEREDITH DIRECTOR 2.00 X 0 0 0 JANE SPALDING DIRECTOR 2.00 X 0 0 0 RICHARD WAKSMAN CFO 16.00 X 69340 0 0 MARI CARPENTER VP, JAPAN & SHORT TERM PRO 40.00 X 88128 0 7226 SARAH FELLOWS VP - QUALITY 40.00 X 108796 0 7226 538561 0 21678 2 0 1 0 BETTER WORLD STRATEGIES LLC 53 HAWAII DRIVE ALISO VIEJO CA 92656 EDUCATION 112640 1 2852744 2852744 PROGRAM FEES 611710 7415704 7415704 7415704 8374 8374 63714 15204 48510 48510 48510 10325332 7415704 0 56884 11302 11302 583503 509403 74100 2317516 2206875 110641 83848 78201 5647 65932 59877 6055 255277 233695 21582 17858 17858 242074 194888 47186 92646 86690 5956 76524 69407 7117 384814 349026 35788 214755 194783 19972 506465 482833 23632 40776 5526 35250 20641 20641 854202 830271 23931 STUDENT EXPENSE 1973964 1973964 PLACEMENT 1220631 1220631 SUPERV. SITE & COMM. 509150 509150 MISCELLANEOUS 316736 267034 49702 767648 729072 38576 10556262 10012628 543634 0 2771373 1941047 100126 86380 27678 161698 593259 531502 82399 61757 554013 41498 33208 3023074 2838103 189704 231052 36097 470000 493500 695801 724552 X 2327273 2113551 2327273 2113551 3023074 2838103 X -230930 17208 X X 0 1 X 1 1 1 X 2288092 2547432 2547432 2918455 2852744 13154155 4479582 4865582 5036882 7948942 7415704 29746692 6767674 7413014 7584314 10867397 10268448 42900847 0 0 0 42900847 1233 2142 3808 3891 56884 67958 1233 2142 3808 3891 56884 67958 6768907 7415156 7588122 10871288 10325332 42968805 0.99840 0.99960 0.00160 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 58098 26588 31510 535161 504914 30247 61757 MORGAN STANLEY 554013 F 554013 X 10342540 17208 17208 10325332 0 10325332 10556262 0 10556262 0 10556262 PART X, LINE 2: PAX BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2016 AND 2015 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740 ("INCOME TAXES"), WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FOREIGN CURRENCY TRANSLATION GAIN 17,208. 0 SCHOLARSHIPS 8 11302 OTHER X X 0 0 0 0 0 0 0 0 0 BRADLEY SMITH PRESIDENT & CEO 272297 0 0 0 0 0 0 0 7226 0 279523 0 191450 0 BRADLEY SMITH PRES. OPERATING X 493500 493500 0 1 1 493500 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THIS RETURN WILL BE REVIEWED BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS AND MANAGEMENT MUST DISCLOSE ACTIVITIES THAT MAY PRESENT A CONFLICT OF INTEREST ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT AND TOP LEVEL MANAGEMENT IS DETERMINED BY COMPARATIVE STUDY BY REGION AND INDUSTRY AND IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD. COMPENSATION OF OTHER MANAGEMENT OF KEY EMPLOYEES ARE DETERMINED BY REGIONAL COMPARATIVE ANALYSIS AND BY INDUSTRY AND IS REVIEWED BY SENIOR MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST AND MAY BE VIEWED THROUGHT THE IRS WEBSITE OR QUIDESTAR.ORG FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION GAIN 17,208. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.