FORTE INTERNATIONAL EXCHANGE ASSN: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
FORTE INTERNATIONAL EXCHANGE ASSN (EIN 52-2305779)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-11
IRS object ID
201321319349300107
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-05-11T12:58:58-04:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN521357326EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1WANG & ASSOCIATES CPASBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1606 7TH ST SWAddressLine1
CityWashingtonCity
StateDCState
ZIP Code20024ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN522305779EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FORTE INTERNATIONAL EXCHANGE ASSOCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlFORTNameControl

US Address USAddress

FieldValueIRS element (for citing)
Address Line17115 LEESBURG PIKEAddressLine1
CityFalls ChurchCity
StateVAState
ZIP Code22043ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMUBIAO CHENName
TitlePRESIDENTTitle
Phone7032371688Phone
Date Signed2013-05-11DateSigned
Authorize Third PartyfalseAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameNENG-HSIANG WANGName
PTINP00363234PTIN
Phone2024790744Phone
Date Prepared2013-05-11DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts2503487GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitewww.forteexchange.orgWebSite
Type Of Organization AssociationXTypeOfOrganizationAssociation
Year Formation2001YearFormation
State Legal DomicileVAStateLegalDomicile
Activity Or Mission DescriptionDesignated by U.S. State Department to promote cultural exchanges among young students from different countries. Provide training and professional visits for groups from foreign countries in order to promote mutual understanding.ActivityOrMissionDescription
Nbr Voting Members Governing Body3NbrVotingMembersGoverningBody
Nbr Independent Voting Members0NbrIndependentVotingMembers
Total Nbr Employees11TotalNbrEmployees
Total Nbr Volunteers440TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year2406690ProgramServiceRevenuePriorYear
Program Service Revenue CY2499213ProgramServiceRevenueCY
Investment Income Prior Year11732InvestmentIncomePriorYear
Investment Income Current Year4274InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year2418422TotalRevenuePriorYear
Total Revenue Current Year2503487TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year571860SalariesEtcPriorYear
Salaries Etc Current Year653547SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year1504112OtherExpensePriorYear
Other Expenses Current Year1600371OtherExpensesCurrentYear
Total Expenses Prior Year2075972TotalExpensesPriorYear
Total Expenses Current Year2253918TotalExpensesCurrentYear
Revenues Less Expenses Prior Year342450RevenuesLessExpensesPriorYear
Revenues Less Expenses CY249569RevenuesLessExpensesCY
Total Assets BOY1510649TotalAssetsBOY
Total Assets EOY1769579TotalAssetsEOY
Total Liabilities BOY12639TotalLiabilitiesBOY
Total Liabilities EOY22000TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1498010NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1747579NetAssetsOrFundBalancesEOY
Mission DescriptionDesignated by U.S. State Department to promote cultural exchanges among young students from different countries. Provide training and professional visits for groups from foreign countries in order to promote mutual understanding.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1430608Expense
Revenue2499213Revenue
DescriptionDesignated by U.S. State Department to promote cultural exchanges among young students from different countries. Provide training and professional visits for groups from foreign countries in order to promote mutual understanding.Description
Total Program Service Expense1430608TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With1096150NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees11NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members3NbrVotingGoverningBodyMembers
Number Independent Voting Members0NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicyfalseConflictOfInterestPolicy
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledDCStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledVAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonMUBIAO CHENNamePerson
Telephone Number7032371688TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line17115 LEESBURG PIKEAddressLine1
CityFalls ChurchCity
StateVAState
ZIP Code22043ZIPCode

Form990 Part VII Section A Form990PartVIISectionA

FieldValueIRS element (for citing)
Name PersonMUBIAO CHENNamePerson
TitlePRESIDENTTitle
Average Hours Per Week75.00AverageHoursPerWeek
Individual Trustee Or DirectorXIndividualTrusteeOrDirector
Key EmployeeXKeyEmployee
Reportable Comp From Organization120000ReportableCompFromOrganization
Reportable Comp From Related Orgs0ReportableCompFromRelatedOrgs
Other Compensation0OtherCompensation
FieldValueIRS element (for citing)
Total Reportable Comp From Org120000TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionStudent exch & trainDescription
Business Code611710BusinessCode
Total Revenue Column2499213TotalRevenueColumn
Related Or Exempt Function Income2499213RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue2499213TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column4274TotalRevenueColumn
Related Or Exempt Function Income4274RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column2503487TotalRevenueColumn
Related Or Exempt Function Income2503487RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total120000Total
Management And General120000ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total418695Total
Management And General418695ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total70530Total
Management And General70530ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total44322Total
Management And General44322ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total3200Total
Management And General3200ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total9675Total
Management And General9675ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total40116Total
Management And General40116ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total92893Total
Management And General92893ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total3288Total
Management And General3288ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total3224Total
Management And General3224ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
STUD PLACEMENT & SUPERVISION588285588285
STUD TRAVEL CAMPS VISITS575508575508
STUDENT MEDICAL INSURANCE8487184871
TUITION163607163607

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total35704Total
Program Services18337ProgramServices
Management And General17367ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2253918Total
Program Services1430608ProgramServices
Management And General823310ManagementAndGeneral
Fundraising0Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1500251BOY
EOY1762469EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis54134LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec47024LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY10398BOY
EOY7110EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1510649BOY
EOY1769579EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY12639BOY
EOY22000EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY12639BOY
EOY22000EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY1050BOY
EOY1050EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY342449BOY
EOY249568EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY1154511BOY
EOY1496961EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1498010BOY
EOY1747579EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1510649BOY
EOY1769579EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses249569ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement ConsolidatedXFinancialStatementConsolidated
FieldValueIRS element (for citing)
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1346834CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1366320CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1749349CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2406690CurrentTaxYearMinus1Year
Current Tax Year2499213CurrentTaxYear
Total9368406Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1346834CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1366320CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1749349CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2406690CurrentTaxYearMinus1Year
Current Tax Year2499213CurrentTaxYear
Total9368406Total
FieldValueIRS element (for citing)
Public Support Total5099368406PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years13031CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year11732CurrentTaxYearMinus1Year
Current Tax Year4274CurrentTaxYear
Total29037Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years13031CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year11732CurrentTaxYearMinus1Year
Current Tax Year4274CurrentTaxYear
Total29037Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1346834CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1366320CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1762380CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2418422CurrentTaxYearMinus1Year
Current Tax Year2503487CurrentTaxYear
Total9397443Total
FieldValueIRS element (for citing)
Public Support Percentage5090.99690PublicSupportPercentage509
Investment Income Percentage0.00310InvestmentIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis54134OtherCostOrOtherBasis
Depreciation47024Depreciation
Book Value7110BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings7110TotalOfBookValueLandBuildings
Tot Revenue Etc Audited Fincl Stmt2503487TotRevenueEtcAuditedFinclStmt
Revenue Subtotal2503487RevenueSubtotal
Total Revenue Per Form9902503487TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2253918TotExpensesEtcAuditedFinclStmt
Expenses Subtotal2253918ExpensesSubtotal
Total Expenses Per Form9902253918TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
O01Form 990 governing body review Part VI line 11Reviewed during board meeting
O02Governing documents etc available to public Part VI line 19Governing documents, financial statements, and other policies are available upon request through contacting the association at the information listed on Part VI, Line 20

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