2025-11-14T16:01:10-06:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-01-01 135596742 AFS INTERCULTURAL PROGRAMS INC AFSI 2122090900 5 HANOVER SQUARE 1402 NEW YORK NY 10004 RITA JARECSNI CHIEF FINANCIAL OFFICER 2122090900 2025-11-14 1 1 EVA MRUK P00543254 2122862600 2025-11-14 2024 2025-03-06 01:10:19Z DANIEL T OBST 5 HANOVER SQUARE 1402 NEW YORK NY 10004 17221461 0 X WWW.AFS.ORG X 1947 NY AFS INTERCULTURAL PROGRAMS IS A GLOBAL NETWORK THAT DEVELOPS ACTIVE GLOBAL CITIZENS. 16 15 29 18 0 0 4731797 4657938 12387586 12295763 248057 267760 0 0 17367440 17221461 3058217 2509872 0 0 3505887 3713719 0 0 22116 10512366 10815199 17076470 17038790 290970 182671 15544350 15000030 8675757 7730059 6868593 7269971 X AFS INTERCULTURAL PROGRAMS IS A GLOBAL NOT-FOR-PROFIT NETWORK THAT PROVIDES INTERCULTURAL LEARNING OPPORTUNITIES TO HELP PEOPLE DEVELOP THE KNOWLEDGE, SKILLS AND UNDERSTANDING NEEDED TO CREATE A MORE JUST AND PEACEFUL WORLD.THROUGH OUR INTERNATIONAL EXCHANGE PROGRAMS, EDUCATION INITIATIVES, VOLUNTEERISM AND ADVOCACY, WE EMPOWER YOUNG PEOPLE FROM ALL BACKGROUNDS WITH ESSENTIAL GLOBAL SKILLS AND PASSION FOR MAKING A DIFFERENCE. 0 0 9501476 2509872 5895389 AFS IS A LEADING STUDY ABROAD PROGRAM FOR SECONDARY SCHOOL STUDENTS, SUPPORTED AND FACILITATED BY TRAINED STAFF AND VOLUNTEERS. AFS SUPPORTS STUDENTS WITH STRUCTURAL AND FACILITATED INTERCULTURAL LEARNING JOURNEYS THAT LEAD TO GLOBAL COMPETENCE. THE AFS PROGRAMS ARE CARRIED OUT BY THE MEMBER ORGANIZATIONS (PARTNERS) AND ALL THE SUPPORTING SERVICES (EDUCATIONAL CONTENT, ORGANIZATIONAL DEVELOPMENT, CONFERENCE SERVICES, ETC.) ARE BUILT AROUND THE PROGRAMS TO ENHANCE THEIR QUALITY. 4697542 0 5133154 WORLDWIDE HEALTH INSURANCE POLICIES PROVIDE LOW COST AND EFFICIENT MEDICAL COVERAGE FOR STUDENT PARTICIPANTS ENGAGING IN INTERCULTURAL LEARNING. 1112285 0 1007650 RISK AND LIABILITY MANAGEMENT ARE IN PLACE TO SUPPORT THE AFS NETWORK AS NEEDED FOR PROGRAM OPERATIONS. THE RISK IS CURRENTLY INSURED WITH A VARIETY OF INSURANCE POLICIES. 339743 0 259570 THE ORGANIZATION CONDUCTS PROJECTS FOR THE AFS NETWORK IN LINE WITH THE NETWORK'S STRATEGY AND BUSINESS PLAN, AS APPROVED BY THE BOARD OF TRUSTEES. THESE PROJECTS ARE FINANCED BY THE NETWORK STRATEGIC INVESTMENT FUND. 339743 0 259570 15651046 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 29 1 0 1 SZ IC 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X RITA JARECSNI CHIEF FINANCIAL OFFICER 2122090900 5 HANOVER SQUARE SUITE 1402 NEW YORK NY 10004 DANIEL T OBST PRESIDENT & CHIEF EXECUTIVE OFFICER 40.00 X X 333636 0 50149 ERNESTO REY MORENO CHAIR 3.00 X X 0 0 0 LENNART D'HULST VICE CHAIR 3.00 X X 0 0 0 DANA AL-ANZY TRUSTEE 3.00 X 0 0 0 MARTYN BARRETT TRUSTEE 3.00 X 0 0 0 MATTEO BIANCOLINI TRUSTEE 3.00 X 0 0 0 NORIS BELLO DE ACOSTA TRUSTEE 3.00 X 0 0 0 ELOISE DOLAN TRUSTEE 3.00 X 0 0 0 TOLGA DORKEN TRUSTEE 3.00 X 0 0 0 AMALIE FERDINAND TRUSTEE 3.00 X 0 0 0 MAKIKO HARAGA TRUSTEE 3.00 X 0 0 0 MICHELA MARIANI TRUSTEE, THRU 10/23/2024 3.00 X 0 0 0 YASMIN AHMAD MERICAN TRUSTEE 3.00 X 0 0 0 VICTOR OPORTO TRUSTEE 3.00 X 0 0 0 WILLIBALD PLESSER TRUSTEE, THRU 10/23/2024 3.00 X 0 0 0 GUSTAVO SENECHAL TRUSTEE, THRU 10/23/2024 3.00 X 0 0 0 CRISTIAN VERA TRUSTEE 3.00 X 0 0 0 ULRICH VOSS TRUSTEE 3.00 X 0 0 0 WANTOE WANTOE TRUSTEE 3.00 X 0 0 0 RITA JARECSNI CHIEF FINANCIAL OFFICER 40.00 X 206000 0 14700 GEORGE H DENTON GENERAL COUNSEL 32.00 X 202159 0 36571 LUCAS WELTER CHIEF ORG DEVELOPMENT & STRATEGY OFFICER 40.00 X 161633 0 27933 EFREM FISHER CHIEF PROGRAMS OFFICER 40.00 X 155828 0 57062 NICOLE ANGULO CHIEF DEPUTY ORGANIZATIONAL DEVELOPMENT 40.00 X 124229 0 20828 LARRY BARNETT CHIEF RISK MANAGEMENT OFFICER 40.00 X 130892 0 22987 PEDRO JUNQUEIRA CHIEF DIGITAL OFFICER 40.00 X 153141 0 2363 ANDREZA MARTINS CHIEF DEPUTY PROGRAM OFFICER 40.00 X 117733 0 0 1585251 0 232593 9 0 1 0 MB SYSTEM AUTOMATION CO LTD 267/2-3 LADPRAO SOI 101 LADPRAO RO BANGKOK WANGTHONGLANG TH 10310 IT SERVICES 543384 UNIVERSITY OF PENNSYLVANIA 3701 LOCUST WALK CASTER BUILDING PHILADELPHIA PA 19104 CURRICULUM SERVICES 239592 EDUARDO HENRIQUE ASSED DE ARAUJO FEIO RUA DO BARAO 18/1 LISBON PO 1100-072 CONSULTING SERVICES 145519 3 534713 4123225 4657938 FEES FROM PARTNER ORGANIZATIONS 813920 11200144 11200144 INTERNATIONAL CONFERENCE FEES 611710 1095619 1095619 12295763 267760 267760 17221461 12295763 0 267760 X 640495 640495 10000 10000 1859377 1859377 1245671 1076296 169375 1916894 1716466 191639 8789 145833 130255 14915 663 172612 145427 26421 764 232709 205128 26898 683 92195 86765 5269 161 41200 38773 2355 72 2270453 2113901 151913 4639 54363 54238 110 15 282437 209683 67909 4845 1091137 1064590 25106 1441 418695 11844 406851 647961 611689 36257 15 635508 599933 35561 14 32129 28916 3213 16360 8180 8180 5012521 4985248 27273 BAD DEBT EXPENSE 109209 109209 MISCELLANEOUS EXPENSES 52183 52062 106 15 TRAINING / RECOGNITION 48532 1488 47044 REPAIRS AND MAINTENANCE 10316 292 10024 17038790 15651046 1365628 22116 3740579 3241355 96401 86870 213051 160001 90038 131449 473471 510000 656676 946216 677744 639143 42019 38601 2498039 2692527 24439 19703 7709637 7173308 15544350 15000030 737080 810820 70909 40206 500000 496903 7367768 6382130 8675757 7730059 X 4808619 5124320 2059974 2145651 6868593 7269971 15544350 15000030 X 182671 31087 187620 X X 0 1 X 1 0 X 2007780 2660622 3470870 4731797 4657938 17529007 10354911 9828705 7480429 12387586 12295763 52347394 12362691 12489327 10951299 17119383 16953701 69876401 30000 20075 10000 60075 0 30000 20075 10000 60075 69816326 135917 168921 121710 248057 267760 942365 135917 168921 121710 248057 267760 942365 12498608 12658248 11073009 17367440 17221461 70818766 0.98580 0.98790 0.01330 0.01140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 709244 25200 35269 769713 608905 25103 75236 709244 700248 25000 -116343 608905 638340 28065 33843 700248 590241 48099 638340 1.00000 0 0 34079 9466 24613 643665 629677 13988 38601 OPERATING LEASE RIGHT-OF-USE ASSETS, NET 4371519 COLLECTIVE INSURANCE ACCOUNT, NET 1618139 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 606617 DUE FROM PARTNER ORGANIZATIONS 577033 7173308 OPERATING LEASE LIABILITY 4668763 ACCRUED POST-RETIREMENT BENEFIT 943862 DUE TO PARTNER ORGANIZATIONS 769505 6382130 X 17462558 31087 210010 241097 17221461 0 17221461 17061180 22390 22390 17038790 0 17038790 PART V, LINE 4: INCOME GENERATED FROM THE ENDOWMENT FUNDS IS INTENDED TO BE USED FOR GRANTS AND SCHOLARSHIPS TO MEMBER ORGANIZATIONS. PART X, LINE 2: AFS INTERNATIONAL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT AFS INTERNATIONAL HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. AFS INTERNATIONAL IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT IN POST-RETIREMENT BENEFIT OBLIGATION 104,834. NET PERIODIC PENSION COST, EXCEPT SERVICE COST 51,483. DEPRECIATION IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 31,303. ADJUSTMENT FOR INTERNAL FUND RECLASSIFICATION 22,390. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT FOR INTERNAL FUND RECLASSIFICATION 22,390. 1 EAST ASIA AND THE PACIFIC 0 2 GRANTS TO RECIPIENTS LOCATED IN THE REGION 1113843 MIDDLE EAST AND NORTH AFRICA 0 1 GRANTS TO RECIPIENTS LOCATED IN THE REGION 233068 EUROPE (INCLUDING ICELAND & GREENLAND) 0 10 GRANTS TO RECIPIENTS LOCATED IN THE REGION 207086 SOUTH AMERICA 0 8 GRANTS TO RECIPIENTS LOCATED IN THE REGION 198886 CENTRAL AMERICA AND THE CARIBBEAN 0 2 GRANTS TO RECIPIENTS LOCATED IN THE REGION 74369 SUB-SAHARAN AFRICA 0 1 GRANTS TO RECIPIENTS LOCATED IN THE REGION 32125 0 24 0 0 0 24 1859377 0 1859377 EAST ASIA AND THE PACIFIC SCHOLARSHIP 1113843 WIRE TRANSFER 0 MIDDLE EAST AND NORTH AFRICA SCHOLARSHIP 233068 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) SCHOLARSHIP 207086 WIRE TRANSFER 0 SOUTH AMERICA SCHOLARSHIP 198886 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN SCHOLARSHIP 74369 WIRE TRANSFER 0 SUB-SAHARAN AFRICA SCHOLARSHIP 32125 WIRE TRANSFER 0 33 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION HAS PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES. GRANT RECIPIENTS ARE SELECTED BASED ON PREDETERMINED CRITERIA. THE APPLICANT'S PROGRAM CONTENT IS CHECKED AGAINST THE AFS EDUCATIONAL FRAMEWORK AND THE BUDGET OF THE PROGRAM IS REVIEWED AND APPROVED. SCHOLARSHIPS AND GRANTS ARE MONITORED BY THE ORGANIZATION TO ENSURE THAT THE FUNDS ARE UTILIZED AS SET FORTH IN THE CONDITIONS OF THE AGREEMENT. PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR ITS EXPENDITURES. 1 AFS USA INC 120 WALL STREET NEW YORK NY 10005 391711417 501(C)(3) 640495 0 SCHOLARSHIP AND SUPPORT 1 0 SCHOLARSHIP/SUPPORT 1 10000 PART I, LINE 2: THE ORGANIZATION HAS PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. GRANT RECIPIENTS ARE SELECTED BASED ON PREDETERMINED CRITERIA. THE APPLICANT'S PROGRAM CONTENT IS CHECKED AGAINST THE AFS EDUCATIONAL FRAMEWORK AND THE BUDGET OF THE PROGRAM IS REVIEWED AND APPROVED. SCHOLARSHIPS AND GRANTS ARE MONITORED BY THE ORGANIZATION TO ENSURE THAT THE FUNDS ARE UTILIZED AS SET FORTH IN THE CONDITIONS OF THE AGREEMENT. X X 0 0 0 0 0 0 0 1 0 DANIEL T OBST PRESIDENT & CHIEF EXECUTIVE OFFICER 333636 0 0 0 0 0 25313 0 24836 0 383785 0 0 0 GEORGE H DENTON GENERAL COUNSEL 202159 0 0 0 0 0 15540 0 21031 0 238730 0 0 0 RITA JARECSNI CHIEF FINANCIAL OFFICER 196000 0 10000 0 0 0 14700 0 0 0 220700 0 0 0 EFREM FISHER CHIEF PROGRAMS OFFICER 155828 0 0 0 0 0 12188 0 44874 0 212890 0 0 0 LUCAS WELTER CHIEF ORG DEVELOPMENT & STRATEGY OFFICER 161633 0 0 0 0 0 12360 0 15573 0 189566 0 0 0 PEDRO JUNQUEIRA CHIEF DIGITAL OFFICER 153141 0 0 0 0 0 0 0 2363 0 155504 0 0 0 LARRY BARNETT CHIEF RISK MANAGEMENT OFFICER 130892 0 0 0 0 0 9943 0 13044 0 153879 0 0 0 PART I, LINE 7 THE BONUS WAS PAID TO CFO AT THE DISCRETION OF THE CEO. THIS WAS A RECOGNITION OF COMPLETING THE MEDICAL REVIEW PROJECT SUCCESSFULLY. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION ARE AFFILIATE ORGANIZATIONS, ALSO KNOWN AS PARTNERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ORGANIZATION HAVE THE RIGHT TO ELECT THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE CHIEF FINANCIAL AND OPERATIONAL OFFICER. A COMPLETE COPY OF THE FORM IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT APPLIES TO OFFICERS, TRUSTEES, AND KEY PERSONS OF THE ORGANIZATION. SUCH PERSONS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT, AND AS THEY MAY ARISE. THE EXECUTIVE COMMITEE IS RESPONSIBLE FOR THE DETERMINATION OF WHETHER A TRANSACTION IS A CONFLICT OF INTEREST AND FOR REVIEWING WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST. THE EXECUTIVE COMMITEE MAY REFER THE MATTER TO THE FULL BOARD. THE PERSON WITH THE INTEREST MAY NOT PARTICIPATE IN THE DELIBERATION OR DECISION ON THE MATTER UNDER CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DETERMINES THE ANNUAL SALARY OF THE PRESIDENT AND CEO AND THE DECISION IS DOCUMENTED IN THE BOARD MINUTES. SALARIES FOR ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, ARE INCLUDED IN THE ANNUAL BUDGET, WHICH IS ALSO APPROVED BY THE BOARD OF TRUSTEES AND IS DOCUMENTED IN THE BOARD MINUTES. PUBLIC DATA ON SALARIES IN THE NONPROFIT EDUCATIONAL INDUSTRY IS USED FOR COMPARISON PURPOSES IN THE DETERMINATION PROCESS. THE 2024 SALARIES WERE APPROVED BY THE BOARD OF TRUSTEES IN OCTOBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AND FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE AND UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 483,954. MANAGEMENT AND GENERAL EXPENSES 80,446. FUNDRAISING EXPENSES 2,456. TOTAL EXPENSES 566,856. CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,176,684. MANAGEMENT AND GENERAL EXPENSES 71,458. FUNDRAISING EXPENSES 2,182. TOTAL EXPENSES 1,250,324. OTHER OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 4,314. MANAGEMENT AND GENERAL EXPENSES 9. FUNDRAISING EXPENSES 1. TOTAL EXPENSES 4,324. PROGRAM/CURRICULUM SERVICES: PROGRAM SERVICE EXPENSES 117,114. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 117,114. UPWORK SERVICE FEES: PROGRAM SERVICE EXPENSES 93,317. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,317. BROKERAGE SERVICES: PROGRAM SERVICE EXPENSES 135,984. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 135,984. PROFESSIONAL SUPPORT: PROGRAM SERVICE EXPENSES 102,534. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 102,534. FORM 990, PART XI, LINE 9: DEPRECIATION IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 31,303. NET PERIODIC PENSION COST, EXCEPT SERVICE COST 51,483. ADJUSTMENT IN POST-RETIREMENT BENEFIT OBLIGATION 104,834. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S AUDIT AND RISK COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.