2025-12-16T11:20:11-06:00 2025-06-30 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2024-07-01 522035371 THE INTERNATIONAL STUDENT EXCHANGE PROGRAMS INTE 7035049960 1655 N FORT MYER DRIVE 400 ARLINGTON VA 22209 ROBIN ABBOTT CHIEF FINANCIAL OFFICER 7035049960 2025-12-16 1 1 JENNIFER S HAN P00633304 2022937000 2025-12-16 2024 2025-03-06 01:10:19Z JOHN S LUCAS 1655 N FORT MYER DRIVE 400 ARLINGTON VA 22209 22096603 0 X WWW.ISEPSTUDYABROAD.ORG X 1997 DC ASSISTS UNIVERSITIES WORLDWIDE EXPAND STUDENT PERSPECTIVES VIA ACCESSIBLE INTERCULTURAL PROGRAMS. 22 22 48 22 0 0 83986 90880 15335675 20585604 46958 42147 0 0 15466619 20718631 115943 123870 693950 882370 3699218 4014025 0 0 17034 9949115 14976075 14458226 19996340 1008393 722291 10930392 10920352 7841310 6875903 3089082 4044449 ISEP EMPOWERS HIGHER EDUCATION INSTITUTIONS TO EXPAND THE PERSPECTIVES AND POTENTIAL OF STUDENTS AROUND THE WORLD THROUGH OUR WIDE RANGE OF ACCESSIBLE, AUTHENTIC ACADEMIC INTERCULTURAL PROGRAMS. 0 0 16674475 37620 17969877 ISEP DIRECT- ALLOW STUDENTS TO ATTEND INTERNATIONAL INSTITUTIONS ON A FEE-FOR-SERVICE BASIS. ISEP PROVIDES PRE-DEPARTURE ADVISING, ON-SITE SUPPORT, AND ACTS AS A LIAISON WITH HOST INSTITUTIONS. SOME DIRECT PROGRAMS ALSO INCLUDE IN-COUNTRY COMMUNITY SERVICE AND SUPERVISED VOLUNTEER SERVICE AT NGOS. DIRECT PROGRAMS ARE AVAILABLE TO BOTH MEMBERS AND AFFILIATES. DURING FY 2025 WE SERVED 1425 STUDENTS IN OUR DIRECT PROGRAMS. 169029 2615727 ISEP EXCHANGE PROGRAM - PROMOTES AND FACILITATES STUDENT EXCHANGES AMONG MEMBER INSTITUTIONS IN THE UNITED STATES AND ABROAD. ISEP PROVIDES A SUITE OF SERVICES INCLUDING ADVISING, TRAINING, AND SUPPORT SERVICES TO ITS MEMBERS. ISEP OFFERS PRE-DEPARTURE ADVISING AND ON-SITE SUPPORT TO STUDENTS. THE EXCHANGE PROGRAM IS ONLY AVAILABLE TO DUES-PAYING MEMBERS. DURING FY 2025 WE SERVED 1493 STUDENTS IN OUR EXCHANGE PROGRAMS. 95301 86250 GRANTS - ISEP RECEIVES PERIODIC GRANTS FROM FOUNDATIONS, MEMBER INSTITUTIONS AND OTHERS TO SUPPORT ITS MISSION BY PROVIDING STUDENT SCHOLARSHIPS. 16938805 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 1 0 1 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 34 0 1 48 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X ROBIN ABBOTT 7035049960 1655 N FORT MYER DRIVE 400 ARLINGTON VA 22209 LEIGH COLE CHAIR 5.00 X X 0 0 0 ROBERT CAROLIN VICE CHAIR 5.00 X X 0 0 0 TERHI MOLSA SECRETARY 5.00 X X 0 0 0 DIMEJI TOGUNDE TREASURER 5.00 X X 0 0 0 WILLIAM CLABBY IMMEDIATE PAST CAHIR 5.00 X X 0 0 0 ELLEN BABBY DIRECTOR 3.00 X 0 0 0 RAJIKA BHANDARI DIRECTOR 3.00 X 0 0 0 RAJA BHATTAR DIRECTOR 3.00 X 0 0 0 JEANNIE CAICEDO-TORRES DIRECTOR 3.00 X 0 0 0 GRETCHEN DOBSON DIRECTOR 3.00 X 0 0 0 HERNAN FRATTO DIRECTOR 3.00 X 0 0 0 JOEL GALLEGOS DIRECTOR 3.00 X 0 0 0 LARRY GREEN DIRECTOR 3.00 X 0 0 0 MADELEINE F GREEN DIRECTOR 3.00 X 0 0 0 CEDRICK GUERN DIRECTOR 3.00 X 0 0 0 ANN-CHARLOTTE LARSSON DIRECTOR 3.00 X 0 0 0 KI-JEONG LEE DIRECTOR 3.00 X 0 0 0 TORIAN LEE DIRECTOR 3.00 X 0 0 0 ELAINE MEYER-LEE DIRECTOR 3.00 X 0 0 0 BERNARD MILANO DIRECTOR 3.00 X 0 0 0 MARK SALISBURY DIRECTOR 3.00 X 0 0 0 SANFORD J UNGAR DIRECTOR 3.00 X 0 0 0 JOHN S LUCAS PRESIDENT AND CEO 35.00 X 327361 0 19156 EDSON OLDS CHIEF OPERATING OFFICER 35.00 X 197599 0 27626 ROBIN ABBOTT CHIEF FINANCIAL OFFICER 35.00 X 165476 0 5552 KRISTEN AGUTO VICE PRESIDENT, MEMBER RELATIONS 35.00 X 141089 0 16414 NELSON LATHROP DIRECTOR, INFORMATION TECHNOLOGY 35.00 X 127855 0 981 CYNTHIA ENGEL DIRECTOR, PROGRAM DEVELOPMENT 35.00 X 105870 0 5097 1065250 0 74826 6 0 1 0 FLORENCE UNIVERSITY OF THE ARTS VIA DELLA MATTONAIA 17 FIRENZE IT 50121 STUDY ABROAD PROGRAM 443565 AMERICAN COLLEGE THESSALONIKI PO BOX 21021 THESSALONIKI GR 55510 STUDY ABROAD PROGRAM 330732 PONTIFICIA UNIVERSIDAD CATOLICA DE VALPA AV BRASIL 2950 VALPARAISO CI 2340025 STUDY ABROAD PROGRAM 252700 UNIVERSITY OF NEW YORK IN PRAGUE LONDYNSKA 506/41 VINOHRADY EZ 12000 STUDY ABROAD PROGRAM 218200 TKXEL LLC 11921 FREEDOM DRIVE SUITE 550 RESTON VA 20190 IT CONSULTANT 202660 7 90880 90880 DIRECT PROGRAM FEES 900099 17932901 17932901 EXCHANGE FEES 900099 1519615 1519615 MEMBERSHIP DUES 900099 1096112 1096112 INTERNSHIP FEES 900099 36976 36976 20585604 28104 28104 1392015 1377972 14043 14043 14043 20718631 20585604 0 42147 37620 37620 74850 74850 11400 11400 882370 882370 1387249 865119 522130 2186881 1442170 740076 4635 59734 42306 17309 119 123076 89209 33693 174 257085 183996 72806 283 31163 31163 27295 27295 14793 14793 375423 201405 172596 1422 40071 38329 1742 269440 25475 243052 913 698328 73304 625024 244099 135186 106636 2277 134766 95469 39297 305340 191850 113464 26 12880 7801 4800 279 57644 57644 25665 25665 PROGRAM EXPENSES 12392136 12385582 6554 BAD DEBT EXPENSE 243056 132350 104625 6081 LOSS ON FOR. CURR. TRAN 65974 65974 MEMBERSHIP DUES 23684 14343 8827 514 14318 8671 5336 311 19996340 16938805 3040501 17034 3374977 4893282 608878 6179 1183748 318013 1729541 1364329 2667039 2420301 102236 246738 1310495 1730587 1252714 1459763 1367803 901461 10930392 10920352 1689385 2053089 4182252 3579705 145469 1824204 1243109 7841310 6875903 X 2994879 3954345 94203 90104 3089082 4044449 10930392 10920352 722291 233076 0 X X 0 1 X 1 0 X 743767 582679 107262 83986 90880 1608574 1929040 5934013 11633576 15335675 20585604 55417908 2672807 6516692 11740838 15419661 20676484 57026482 12600 60168 59848 66911 82642 282169 889866 889866 12600 60168 59848 66911 972508 1172035 55854447 12832 15114 41997 17898 28104 115945 12832 15114 41997 17898 28104 115945 84028 148 84176 2769667 6531806 11782983 15437559 20704588 57226603 0.97600 0.99050 0.00200 0.00230 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 84,028. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 148. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 144799 104410 40389 312809 304583 8226 2209431 2011308 198123 246738 CERTIFICATES OF DEPOSIT 1459763 F 1459763 REFUNDABLE DEPOSITS 25738 RIGHT-OF-USE-ASSETS - OPERATING LEASE 875723 901461 LEASE LIABILITY - OPERATING LEASE 1243109 1243109 X 20936914 233076 233076 20703838 14793 14793 20718631 19915573 0 19915573 14793 65974 80767 19996340 PART X, LINE 2: ISEP FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ASC TOPIC 740, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS ISEP'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. ISEP PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2025, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION ON THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH ISEP FILES TAX RETURNS. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON FOREIGN CURRENCY TRANSLATION 65,974. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENT LOCATED IN REGION 6650 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENT LOCATED IN REGION 3250 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENT LOCATED IN REGION 1000 SOUTH AMERICA 0 0 GRANTS TO RECIPIENT LOCATED IN REGION 500 0 0 0 0 0 0 11400 0 11400 EDUCATION EAST ASIA AND THE PACIFIC 7 6650 ACH OR PHYSICAL CHECK EDUCATION EUROPE (INCLUDING ICELAND & GREENLAND) 10 3250 ACH OR PHYSICAL CHECK EDUCATION SUB-SAHARAN AFRICA 2 1000 ACH EDUCATION SOUTH AMERICA 1 500 ACH 0 0 0 0 0 0 PART I, LINE 2: FROM TIME TO TIME, ISEP MAKES SCHOLARSHIP GRANTS FOR U.S. STUDENTS TO STUDY ABROAD. FOR ANNETTE KADE SCHOLARSHIPS, EACH SELECTED RECIPIENT COMPLETES AN ACCEPTANCE FORM, AGREEING TO RETURN THE SCHOLARSHIP FUNDS TO ISEP IF HE/SHE CANCELS HIS/HER PROGRAM PARTICIPATION OR RETURNS HOME EARLY FOR ANY REASON OTHER THAN EXTENUATING CIRCUMSTANCES. THE ANNETTE KADE SCHOLARSHIP ADMINISTRATOR, THE DIRECTOR OF ALUMNI ENGAGEMENT AND STUDENT SUCCESS, ENSURES ACCEPTANCE FORMS ARE RECEIVED PRIOR TO MAILING SCHOLARSHIP CHECKS AND PERIODICALLY CONFIRMS THE STUDENTS' STATUS THROUGHOUT THE LENGTH OF STUDY. IF A STUDENT FAILS TO PARTICIPATE IN THE PROGRAM AS PLANNED OR RETURNS EARLY, THE DIRECTOR OF ALUMNI ENGAGEMENT AND STUDENT SUCCESS NOTIFIES THE STUDENT THAT THE SCHOLARSHIP FUNDS MUST BE RETURNED AND COPIES APPROPRIATE ISEP STAFF AND THE HOME COORDINATOR. RETURNED FUNDS ARE RE-AWARDED DURING THE NEXT SCHOLARSHIP APPLICATION PERIOD. CHECK REQUESTS ARE REVIEWED BY APPROPRIATE STAFF MEMBERS. THE DIRECTOR OF STUDENT SUCCESS PREPARES INTERIM AND FINAL REPORTS TO THE GRANTOR DESCRIBING HOW THE FUNDS WERE USED AND DISBURSED. SIMILAR PROCEDURES ARE IN PLACE FOR OTHER SCHOLARSHIP AWARDS. PART I, LINE 3: IN ACCORDANCE WITH IRS INSTRUCTIONS, ALL AMOUNTS REPORTED IN PARTS I AND III OF SCHEDULE F ARE REPORTED USING THE ACCRUAL BASIS OF ACCOUNTING, WHICH IS THE SAME METHOD OF ACCOUNTING USED IN THE FINANCIAL STATEMENTS. 1 THE FORUM ON EDUCATION ABROAD 28 NORTH COLLEGE STREET CARLISLE PA 17013 233100062 501(C)(3) 30000 0 SPONSORSHIP OF THE FORUMS' ANNUAL CONFERENCE 1 0 ANNETTE KADE SCHOLARSHIP 48 57600 EDUCATION COMMUNITY SCHOLARSHIP 10 5500 EDUCATION SOCIAL MOBILITY SCHOLARSHIP 5 5500 EDUCATION FOUNDERS FELLOWSHIP 3 4250 EDUCATION SAM GROSS MEMORIAL SCHOLARSHIP 5 2000 EDUCATION PART I, LINE 2: FROM TIME TO TIME, ISEP MAKES SCHOLARSHIP GRANTS FOR U.S. STUDENTS TO STUDY ABROAD. FOR ANNETTE KADE SCHOLARSHIPS, EACH SELECTED RECIPIENTS COMPLETES AN ACCEPTANCE FORM, AGREEING TO RETURN THE SCHOLARSHIP FUNDS TO ISEP IF HE/SHE CANCELS HIS/HER PROGRAM PARTICIPATION OR RETURNS HOME EARLY FOR ANY REASON OTHER THAN EXTENUATING CIRCUMSTANCES. THE ANNETTE KADE SCHOLARSHIP ADMINISTRATOR, THE DIRECTOR OF ALUMNI ENGAGEMENT AND STUDENT SUCCESS, ENSURES ACCEPTANCE FORMS ARE RECEIVED PRIOR TO MAILING SCHOLARSHIP CHECKS AND PERIODICALLY CONFIRMS THE STUDENTS' STATUS THROUGHOUT THE LENGTH OF STUDY. IF A STUDENT FAILS TO PARTICIPATE IN THE PROGRAM AS PLANNED OR RETURNS EARLY, THE DIRECTOR OF ALUMNI ENGAGEMENT AND STUDENT SUCCESS NOTIFIES THE STUDENT THAT THE SCHOLARSHIP FUNDS MUST BE RETURNED AND COPIES APPROPRIATE ISEP STAFF AND THE HOME COORDINATOR. RETURNED FUNDS ARE RE-AWARDED DURING THE NEXT SCHOLARSHIP APPLICATION PERIOD. CHECK REQUESTS ARE REVIEWED BY APPROPRIATE STAFF MEMBERS. THE DIRECTOR OF STUDENT SUCCESS PREPARES INTERIM AND FINAL REPORTS TO THE GRANTOR DESCRIBING HOW THE FUNDS WERE USED AND DISBURSED. SIMILAR PROCEDURES ARE IN PLACE FOR OTHER SCHOLARSHIP AWARDS. X X X X X 0 0 0 0 0 0 0 1 0 JOHN S LUCAS PRESIDENT AND CEO 294507 0 32000 0 854 0 11117 0 8039 0 346517 0 0 0 EDSON OLDS CHIEF OPERATING OFFICER 169764 0 27000 0 835 0 9316 0 18310 0 225225 0 0 0 ROBIN ABBOTT CHIEF FINANCIAL OFFICER 150040 0 15000 0 436 0 0 0 5552 0 171028 0 0 0 KRISTEN AGUTO VICE PRESIDENT, MEMBER RELATIONS 133016 0 6931 0 1142 0 6958 0 9456 0 157503 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED BONUSES DURING THE YEAR: 1. JOHN S. LUCAS $32,000 2. EDSON OLDS $27,000 3. ROBIN ABBOTT $15,000 4. KRISTEN AGUTO $6,931 5. NELSON LATHROP $9,000 6. CYNTHIA ENGEL $3,250 THE BONUSES WERE NON-FIXED AND BASED ON PERFORMANCE. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE CHIEF FINANCIAL OFFICER. A COPY OF THE DRAFT FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, OFFICERS, DIRECTORS AND SENIOR MANAGEMENT ARE REQUIRED TO DISCLOSE INTERESTS THAT MAY GIVE RISE TO CONFLICTS. IF A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST ARISES, ISEP MAKES EVERY EFFORT TO RESOLVE THE CONFLICT IN THE BEST INTEREST OF ISEP. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO INCLUDES REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, WHOSE MEMBERS ARE INDEPENDENT. THE BOARD CONDUCTS THIS REVIEW ANNUALLY, WITH THE MOST RECENT REVIEW COMPLETED IN DECEMBER 2024. AS PART OF THIS PROCESS, BOARD MEMBERS COMPLETE AN ANNUAL PERFORMANCE EVALUATION OF THE CEO AND SUBMIT THEIR FEEDBACK TO THE BOARD CHAIR. THE BOARD CHAIR COMPILES AND SUMMARIZES THIS INFORMATION AND SHARES THE SUMMARY WITH THE BOARD IN ADVANCE OF THE COMPENSATION DETERMINATION. THE BOARD'S COMPENSATION DECISION, INCLUDING THE INFORMATION CONSIDERED AND THE APPROVAL, IS DOCUMENTED IN THE BOARD MEETING MINUTES AT THE TIME OF THE DETERMINATION. ALL OTHER EMPLOYEES ARE REVIEWED THROUGHOUT THE YEAR (I.E. ONE-ON-ONE MEETINGS AT A MINIMUM OF ONCE A QUARTER) AND ANNUALLY (JULY 2025). ISEP USES AN ELECTRONIC EVALUATION TOOL (PAYCOM) TO COMPLETE THE REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 ISEP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.