2015-04-07T16:46:37-05:00 2014-09-30 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2013-10-01 020439252 PROGRAM OF ACADEMIC EXCHANGE INC PROG 9146901340 14 WILLET AVENUE PORT CHESTER NY 10573 RICHARD WAKSMAN CFO 9146901340 2015-04-07 1 ROBERT R LYONS P00227472 2125038800 2013 2016-02-25 16:41:14Z RICHARD WAKSMAN 14 WILLET AVENUE PORT CHESTER NY 10573 7679649 0 X WWW.PAX.ORG X 1990 NY CROSS CULTURAL STUDENT EXCHANGE. 7 6 0 6 0 0 2547432 2638959 4865582 5036882 2142 3808 0 0 7415156 7679649 17050 13488 0 0 2737697 2899902 0 0 0 4224077 4548330 6978824 7461720 436332 217929 2620301 2895328 186398 243496 2433903 2651832 CROSS CULTURAL STUDENT EXCHANGE. 0 0 6998888 13488 5036882 TO FACILITATE CROSS CULTURAL LEARNING BY ALLOWING INTERNATIONAL HIGH SCHOOL STUDENTS TO LIVE WITH HOST FAMILIES WHILE ATTENDING SCHOOL IN THE UNITED STATES. 6998888 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 272 0 0 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH CA IN X RICHARD WAKSMAN 9146901340 14 WILLET AVENUE PORT CHESTER NY 10573 THOMAS CARROLL DIRECTOR 5.00 X 0 0 0 ROB FENSTERMACHER DIRECTOR 5.00 X 0 0 0 TOM WHITEHOUSE DIRECTOR 5.00 X 0 0 0 W EDWARD MASSEY DIRECTOR 5.00 X 0 0 0 WALTER STEWART DIRECTOR 5.00 X 0 0 0 MICHAEL MCKENNA DIRECTOR 5.00 X 0 0 0 MATHIAS OHM DIRECTOR (FORMER) 5.00 X 0 0 0 BREDLEY SMITH PRESIDENT 40.00 X X 0 0 0 RICHARD WAKSMAN C.F.O 16.00 X 61550 0 0 MICHELLE LAMPHER VP, J-1 PROGRAM/COO 40.00 X 160000 0 9168 221550 0 9168 1 0 1 0 THE LAURASIAN INSTITUTION INC PO BOX 209 EUREKA IL 61530 FEES 100000 1 2638959 2638959 PROGRAM FEES 611710 5036882 5036882 5036882 3808 3808 7679649 5036882 0 3808 X 13488 13488 235278 173728 61550 2219378 2142782 76596 14112 12498 1614 225843 208944 16899 205291 190310 14981 11850 11850 36500 36500 80682 80682 79663 23218 56445 72697 68268 4429 92148 88196 3952 146789 138342 8447 93691 77596 16095 3327 3327 14448 14448 551412 490838 60574 PLACEMENT 962296 962296 STUDENT EXPENSE 836927 836927 SUPERV. SITE & COMM. 475725 475725 NATIONAL MEETING 370782 370782 719393 644268 75125 7461720 6998888 462832 0 2229801 2715462 169678 11106 58444 99465 24988 451707 387998 78157 63709 32094 32725 2620301 2895328 186398 205098 38398 186398 243496 X 2433903 2651832 2433903 2651832 2620301 2895328 217929 0 X X 0 1 X 1 1 1 X 1826119 2314616 2288092 2547432 2547432 11523691 4280823 4323001 4479582 4865582 5036882 22985870 6106942 6637617 6767674 7413014 7584314 34509561 0 0 0 34509561 6530 3235 1233 2142 3808 16948 6530 3235 1233 2142 3808 16948 6113472 6640852 6768907 7415156 7588122 34526509 0.99950 0.99960 0.00050 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29850 2295 27555 421857 385703 36154 63709 X 7679649 0 7679649 0 7679649 7461720 0 7461720 0 7461720 PART X, LINE 2: PAX HAS NO UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2014 AND 2013 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. PAX IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ANDED SEPTEMBER 30, 2011 AND PRIOR YEARS. 0 SCHOLARSHIPS 3 13488 OTHER SCHOLARSHIP FOR THREE QUALIFIED ETHIOPIAN STUDENTS. X X 0 0 0 0 0 0 0 0 0 MICHELLE LAMPHER VP, J-1 PROGRAM/COO 160000 0 0 0 0 0 0 0 9168 0 169168 0 0 0 BRADLEY SMITH BRADLEY SMITH IS PRESIDENT AND CEO AT THE LAURASIAN INSTITUTION (TLI). 100000 FEES 0 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 IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 192,896. MANAGEMENT AND GENERAL EXPENSES 65,199. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 258,095. PROGRAM FEES: PROGRAM SERVICE EXPENSES 134,253. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 134,253. POSTAGE AND DELIVERY: PROGRAM SERVICE EXPENSES 70,246. MANAGEMENT AND GENERAL EXPENSES 3,047. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,293. EQUIPMENT RENTAL & MAINTENANCE: PROGRAM SERVICE EXPENSES 61,398. MANAGEMENT AND GENERAL EXPENSES 4,743. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,141. HOST FAMILY INCIDENTAL EXPENSES: PROGRAM SERVICE EXPENSES 62,254. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,254. PRINTING & PUBLICATIONS: PROGRAM SERVICE EXPENSES 61,376. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,376. TELEPHONE: PROGRAM SERVICE EXPENSES 47,207. MANAGEMENT AND GENERAL EXPENSES 2,136. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,343. COMPLIANCE: PROGRAM SERVICE EXPENSES 14,638. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,638. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.