2025-08-05T11:02:07-05:00 2024-09-30 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2023-10-01 222986701 EF EDUCATIONAL FOUNDATION FOR FOREIGN STUDY A NON-PROFIT CORPORATION EFED 6176191000 ONE EDUCATION STREET CAMBRIDGE MA 02141 DAN SODERVALL PRESIDENT 6176191000 2025-07-24 1 0 MARK J PREZIOSI P00968923 7813564800 2023 2025-03-06 01:10:19Z EF HIGH SCHOOL EXCHYEAR EFFS DAN SODERVALL ONE EDUCATION STREET CAMBRIDGE MA 02141 20187859 0 X WWW.EFEXCHANGEYEAR.ORG X 1981 MA EF EDUCATIONAL FOUNDATION FOR FOREIGN STUDY IS A NON-PROFIT ORGANIZATION DEDICATED TO ENCOURAGING CULTURAL AWARENESS THROUGH INTERNATIONAL STUDENT EDUCATION AND EXCHANGE. 7 6 160 1035 0 0 0 0 19159254 20187859 0 0 0 0 19159254 20187859 0 0 0 0 10725278 11296702 0 0 0 8304277 8791041 19029555 20087743 129699 100116 3445430 8771948 2360108 7586510 1085322 1185438 EF EDUCATIONAL FOUNDATION FOR FOREIGN STUDY IS A NON-PROFIT ORGANIZATION DEDICATED TO ENCOURAGING CULTURAL AWARENESS THROUGH INTERNATIONAL STUDENT EXCHANGE. 0 0 19665112 20187859 THE FOUNDATION HAS THE OBJECTIVE OF ORGANIZING AND ADMINISTERING A TEENAGE EDUCATIONAL EXCHANGE VISITOR PROGRAM THAT SCREENS AND PLACES FOREIGN STUDENTS WITH A HOST FAMILY WHILE THEY ATTEND HIGH SCHOOL IN THE UNITED STATES. 19665112 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 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 1 1054 0 160 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 MA CA OR X X HELEN POLUYANOV 6176191000 ONE EDUCATION STREET CAMBRIDGE MA 02141 JEFFREY ALLEN CLERK/DIRECTOR 5.00 X X 1063 0 0 JENNIFER BROWN BAVERSTAM DIRECTOR 1.00 X 3000 0 0 GORAN RANNEFORS DIRECTOR 1.00 X 3000 0 0 JENS APPELKVIST DIRECTOR 1.00 X 1000 0 0 BETH JACOBS DIRECTOR 1.00 X 10000 0 0 DAN SODERVALL PRESIDENT/DIRECTOR (SINCE 4/11/2024) 1.00 X X 2000 0 0 MICHAEL MCCARRY DIRECTOR 1.00 X 15000 0 0 HELEN POLUYANOV TREASURER/FINANCIAL MGR. 40.00 X 110163 0 7500 ANDREW CHANDLER VICE-PRESIDENT OF TRAVEL/EVENTS 40.00 X 166892 0 12972 EDWARD HOLLERAN SENIOR VICE-PRESIDENT 40.00 X 181580 0 29842 TIMOTHY FRATTESI DIRECTOR OF TECHNOLOGY 40.00 X 127597 0 28262 KRISTIN WEISS VICE-PRESIDENT OF RECRUITMENT AND DEVELOPMENT 40.00 X 168818 0 26423 ROBERT FREDETTE JR PRESIDENT/DIRECTOR (THROUGH 4/10/2024) 40.00 X 342915 0 28967 1133028 0 133966 11 1 1 0 0 PROGRAM SERVICE FEES 611710 20187859 20187859 20187859 20187859 20187859 0 0 457295 412521 44774 9027985 8820341 207644 1234555 1206160 28395 576867 563599 13268 105650 103220 2430 53500 53500 95535 93338 2197 668571 653194 15377 1999601 1953610 45991 48845 48845 PLACEMENT & SUPERVISORY 2893118 2893118 MARKETING EXPENSE 2532583 2532583 TELECOMMUNICATIONS 201374 196742 4632 POSTAGE 55213 53943 1270 137051 133898 3153 20087743 19665112 422631 0 3047505 3644460 397925 288777 382212 382212 0 0 0 4838711 3445430 8771948 2357527 2742614 2581 4843896 2360108 7586510 X 1085322 1185438 1085322 1185438 3445430 8771948 100116 0 X 0 1 X 0 0 X 11589321 13477105 17811257 19159254 20187859 82224796 11589321 13477105 17811257 19159254 20187859 82224796 0 0 0 82224796 1351427 1351427 12940748 13477105 17811257 19159254 20187859 83576223 0.98380 0.98350 0.00000 X 382212 382212 0 0 RIGHT-OF-USE ASSET 4838711 4838711 DUE TO OTHER ENTITIES 5185 OPERATING LEASE LIABILITY 4838711 4843896 20187859 0 20187859 0 20187859 20087743 0 20087743 0 20087743 X 0 0 0 0 0 0 0 0 0 ROBERT FREDETTE JR PRESIDENT/DIRECTOR (THROUGH 4/10/202 342915 0 0 0 0 0 4750 0 24217 0 371882 0 0 0 EDWARD HOLLERAN SENIOR VICE-PRESIDENT 181580 0 0 0 0 0 5625 0 24217 0 211422 0 0 0 KRISTIN WEISS VICE-PRESIDENT OF RECRUITMENT AND DE 168818 0 0 0 0 0 2206 0 24217 0 195241 0 0 0 ANDREW CHANDLER VICE-PRESIDENT OF TRAVEL/EVENTS 166892 0 0 0 0 0 5625 0 7347 0 179864 0 0 0 TIMOTHY FRATTESI DIRECTOR OF TECHNOLOGY 127597 0 0 0 0 0 4365 0 23897 0 155859 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT, TREASURER AND OTHER MEMBERS OF THE BOARD OF DIRECTORS REVIEW A DRAFT OF THE FORM 990, WHICH IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. ANY RESULTING COMMENTS AND CHANGES ARE INCORPORATED INTO THE FORM 990 BY THE INDEPENDENT ACCOUNTANTS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS AND EMPLOYEES ARE PROVIDED WITH COPIES OF THE CONFLICT OF INTEREST POLICY. DIRECTORS AND OFFICERS ARE REQUIRED TO FILE A STATEMENT ON AN ANNUAL BASIS DISCLOSING ANY POTENTIAL INTERESTS THAT GIVE RISE TO CONFLICTS. EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST DURING THEIR ANNUAL REVIEW. DIRECTORS AND EMPLOYEES WITH POTENTIAL CONFLICTS OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN ANY DELIBERATIONS OR DECISIONS THAT MAY BE AFFECTED BY A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE FOUNDATION'S PRESIDENT IS BASED UPON APPROVAL BY THE BOARD OF DIRECTORS. FOR OTHER KEY EMPLOYEES AND OFFICERS, COMPENSATION IS BASED UPON A FIXED SUM AGREED UPON AT THE TIME OF EMPLOYMENT. THIS SUM REFLECTS AN EMPLOYEE'S LEVEL OF EXPERIENCE AND EXPERTISE WHEN THEY JOIN THE FOUNDATION. SALARIES AT THE FOUNDATION ARE STRICTLY CONFIDENTIAL AND NEGOTIATED INDIVIDUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE WEBSITE OF A CERTAIN REGULATORY AGENCY AND UPON REQUEST. THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, SCHEDULE O, ADDITIONAL RELEVANT DISCLOSURES THE FOUNDATION'S PRINCIPAL REVENUE SOURCE IS PROGRAM FEES EARNED FROM ITS SERVICES AGREEMENT WITH EF EDUCATIONAL FOUNDATION FOR FOREIGN STUDY AG. FOR PROVIDING THE EXCHANGE PROGRAM TO ITS STUDENTS. FOR THE YEAR ENDED SEPTEMBER 30, 2024, THE FOUNDATION RECEIVED COMPENSATION TOTALING $20,089,009 FROM EF EDUCATIONAL FOUNDATION FOR FOREIGN STUDY AG. THE FOUNDATION'S CLERK IS EMPLOYED BY A LAW FIRM THAT PERIODICALLY REPRESENTS THE FOUNDATION IN LEGAL MATTERS. THE FOUNDATION PAID THE LAW FIRM $103,485 FOR THE YEAR ENDED SEPTEMBER 30, 2024, WHICH CONSISTED OF $102,422 FOR LEGAL SERVICES AND $1,063 FOR CLERK-RELATED SERVICES.