2024-08-14T12:17:57-05:00 2023-09-30 946214841 ARMANINO LLP 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2022-10-01 842485684 THE AMERICAN EXCHANGE PROJECT INC AMER 9782393869 38 BALCOM ROAD SUDBURY MA 01776 DAVID MCCULLOUGH III CHIEF EXECUTIVE OFFICER 9782393869 2024-07-30 1 1 KATY BROWN P00650274 9257902600 2024-07-30 2022 2024-08-08 14:25:15Z DAVID MCCULLOUGH III 38 BALCOM ROAD SUDBURY MA 01776 4521150 0 X WWW.AMERICANEXCHANGEPROJECT.ORG X 2019 MA TO FACILITATE INTERACTIONS BETWEEN AMERICANS FROM DIFFERENT BACKGROUNDS IN THE INTEREST OF FORMING "A MORE PERFECT UNION." 8 8 7 448 0 0 122732 4521150 0 0 0 0 0 0 122732 4521150 4450 41321 0 0 76336 725152 0 0 160852 87930 1284750 168716 2051223 -45984 2469927 144844 2688158 34033 107420 110811 2580738 TO FACILITATE INTERACTIONS BETWEEN AMERICANS FROM DIFFERENT BACKGROUNDS IN THE INTEREST OF FORMING "A MORE PERFECT UNION." 0 0 1220539 41321 SUMMER EXCHANGES - FACILITATE FREE DOMESTIC EXCHANGE PROGRAMS FOR HIGH SCHOOL SENIOR STUDENTS IN ORDER TO LIVE IN AND EXPERIENCE AN AMERICAN COMMUNITY VERY DIFFERENT FROM THE ONE IN WHICH THEY GREW UP. AEP IS A CHANCE FOR STUDENTS TO DISCOVER AND LEARN MORE ABOUT THEIR COUNTRY AND EXPERIENCE DIFFERENT POLITICS, CULTURES, AND LEARN ABOUT LOCAL ISSUES. AEP AIMS TO MAKE THESE EXPERIENCES EASILY ACCESSIBLE FOR ALL U.S. STUDENTS. 1220539 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 80 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X CHRISTOPHER COOPER 9782393869 38 BALCOM ROAD SUDBURY MA 01776 PAUL SOLMAN PRESIDENT 10.00 X X 0 0 0 GLENN YOUNG TREASURER 2.00 X X 0 0 0 DAVID ADAMS DIRECTOR 1.00 X 0 0 0 AKHIL AMAR DIRECTOR 1.00 X 0 0 0 JONATHAN FANTON DIRECTOR 1.00 X 0 0 0 SARAH GERSTEIN DIRECTOR 1.00 X 0 0 0 RICHARD GIBSON DIRECTOR 1.00 X 0 0 0 ARLIE HOCHSCHILD DIRECTOR 1.00 X 0 0 0 MICHAEL WILONSKY DIRECTOR (THRU 07/23) 1.00 X 0 0 0 DAVID MCCULLOUGH CEO 50.00 X 97250 0 8401 97250 0 8401 0 0 0 0 0 4521150 250 4521150 4521150 0 0 0 X 41321 41321 123666 43283 24733 55650 487556 329927 78683 78946 64494 51255 12899 340 49436 36583 9887 2966 25009 25009 132445 132445 483438 147351 316344 19743 1919 1648 271 9622 9622 53445 39549 10689 3207 456710 456710 897 897 PROGRAM EXPENSE 106920 72912 34008 EVENT EXPENSES 14345 14345 2051223 1220539 669832 160852 111822 139555 0 2500000 0 4989 33022 43614 144844 2688158 34033 107420 34033 107420 X 110811 -12262 0 2593000 110811 2580738 144844 2688158 2469927 0 X 0 1 X 1 0 X 41046 455514 992664 4521150 6010374 41046 455514 992664 4521150 6010374 4144172 1866202 6010374 X PART II, SHORT YEAR EXPLANATION: THE AMERICAN EXCHANGE PROJECT, INC. CHANGED ITS FISCAL ACCOUNTING PERIOD FROM JUNE 30 TO SEPTEMBER 30. THE AMOUNTS REPORTED IN COLUMN (D) FOR 2021 INCLUDES A SHORT YEAR FROM JULY 1, 2021 TO SEPTEMBER 30, 2021. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4521150 0 4521150 0 4521150 2051223 0 2051223 0 2051223 1 STIPENDS FOR HOST FAMILIES 149 41321 PART I, LINE 2: AEP AWARDS GRANTS TO VOLUNTEERS WHO HOST STUDENTS IN THEIR HOMES DURING THE SUMMER EXCHANGE PROGRAM. HOSTING INCLUDES LODGING, SOME MEALS, AND TRANSPORTATION. AEP DETERMINES THE GRANT AMOUNT BASED ON NATIONAL AVERAGES ON FUEL FOR TRANSPORTATION AND GROCERIES FOR FOOD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS ARE PROVIDED A COMPLETE COPY OF FORM 990 FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD OF DIRECTORS, OFFICERS, AND EMPLOYEES SHALL ANNUALLY SIGN THE CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE STATEMENT ACKNOWLEDGMENT THAT CONFIRMS THAT THE OFFICER, DIRECTOR, OR EMPLOYEE AGREES TO COMPLY WITH THE CORPORATION'S CONFLICT OF INTEREST POLICY AND UNDERSTANDS TO ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ITS TAX EXEMPT PURPOSES. THE BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IF ANY CONFLICT OF INTEREST ARISES, MEMBERS ARE REQUIRED TO NOTIFY IMMEDIATELY THE BOARD OF DIRECTORS OF ANY CONFLICT, REAL OR POTENTIAL, AND MAKE A FULL DISCLOSURE THEREOF. AFTER DISCLOSURE OF THE PRIVATE INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD MEETING WILL THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON AND DECIDE IF A CONFLICT OF INTEREST EXISTS OR COULD REASONABLY BE CONSTRUCTED TO EXIST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES AND APPROVES CEO COMPENSATION. THE BOARD REVIEWS COMPARABLY-SIZED NONPROFITS' COMPENSATION ARRANGEMENTS TO DETERMINE EMPLOYEE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G SUMMER STIPENDS: PROGRAM SERVICE EXPENSES 141,636. MANAGEMENT AND GENERAL EXPENSES 133,184. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 274,820. TRAINING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 68,915. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,915. PUBLIC RELATION SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 557. FUNDRAISING EXPENSES 19,743. TOTAL EXPENSES 20,300. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,291. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,291. STRATEGY ADVISORY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 57,440. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,440. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 5,715. MANAGEMENT AND GENERAL EXPENSES 51,957. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,672.