2025-02-14T17:58:00-06:00 2024-09-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-10-01 842485684 THE AMERICAN EXCHANGE PROJECT INC AMER 9782393869 675 VFW PARKWAY SUITE 328 CHESTNUT HILL MA 02467 DAVID MCCULLOUGH III CHIEF EXECUTIVE OFFICER 9782393869 2025-02-11 1 1 KATY BROWN P00650274 9257902600 2025-02-11 2023 2025-03-06 01:10:19Z X DAVID MCCULLOUGH III 675 VFW PARKWAY SUITE 328 CHESTNUT HILL MA 02467 1843338 0 X WWW.AMERICANEXCHANGEPROJECT.ORG X 2019 MA TO FACILITATE INTERACTIONS BETWEEN AMERICANS FROM DIFFERENT BACKGROUNDS IN (CONT. ON SCH. O) THE INTEREST OF FORMING "A MORE PERFECT UNION." 8 8 15 1050 0 0 4521150 1812707 0 0 0 30631 0 0 4521150 1843338 41321 76466 0 0 725152 1176852 0 0 107114 1284750 1957846 2051223 3211164 2469927 -1367826 2688158 1277465 107420 64553 2580738 1212912 TO FACILITATE INTERACTIONS BETWEEN AMERICANS FROM DIFFERENT BACKGROUNDS IN THE INTEREST OF FORMING "A MORE PERFECT UNION." 0 0 2738405 76466 SUMMER EXCHANGES - FACILITATE FREE DOMESTIC EXCHANGE PROGRAMS FOR HIGH SCHOOL SENIOR STUDENTS IN ORDER TO LIVE IN AND EXPERIENCE AN AMERICAN COMMUNITIES. 2738405 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 77 0 1 15 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 CHIEF OF STAFF 9782393869 675 VFW PARKWAY SUITE 328 CHESTNUT HILL MA 02467 PAUL SOLMAN PRESIDENT 5.00 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 DAVID MCCULLOUGH CEO 50.00 X 119254 0 9116 CHRIS COOPER CHIEF OF STAFF 50.00 X 81892 0 0 MICHAEL WILONSKY CHIEF OPERATIONS OFFICER 50.00 X 60000 0 0 261146 0 9116 1 0 0 0 ARMANINO ADVISORY LLC 2700 CAMINO RAMON SUITE 350 SAN RAMON CA 94583 ACCOUNTING 128548 1 1812707 1812707 30631 30631 1843338 0 0 30631 X 76466 76466 348863 210002 56773 82088 654444 654444 92840 72548 18568 1724 80705 64669 7455 8581 500 500 95799 95799 851860 757414 88331 6115 31198 15131 15540 527 45779 35722 10057 134649 99641 26929 8079 744102 744102 23280 23280 PROGRAM EXPENSE 30429 8016 22413 EVENT EXPENSES 250 250 3211164 2738405 365645 107114 139555 148760 2500000 900000 4989 300 43614 228405 2688158 1277465 107420 64553 107420 64553 X -12262 840912 2593000 372000 2580738 1212912 2688158 1277465 -1367826 0 X 0 1 X 1 0 X 41046 455514 992664 4521150 1812707 7823081 41046 455514 992664 4521150 1812707 7823081 5104430 2718651 30631 30631 7853712 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 (C) FOR 2021 INCLUDES A SHORT YEAR FROM JULY 1, 2021 TO SEPTEMBER 30, 2021. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1843338 0 1843338 0 1843338 3211164 0 3211164 0 3211164 1 0 0 STIPENDS FOR HOST FAMILIES 274 76466 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 581,729. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 581,729. TRAINING SERVICES: PROGRAM SERVICE EXPENSES 83,231. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,231. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,203. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,203. STRATEGY ADVISORY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 64,041. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 64,041. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 92,454. MANAGEMENT AND GENERAL EXPENSES 20,087. FUNDRAISING EXPENSES 6,115. TOTAL EXPENSES 118,656.