Skip to main content

Nonprofit · EIN 94-3029085

FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE

Tax-exempt · RENO, NV 89523

Financials

$116K$100K2023$137K$116K2024$189K$100K2025
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990-EZ$189,268$99,952$89,316$160,778$35,466$125,312
June 30, 2025990-EZ$136,660$116,235$20,425$119,823$83,827$35,996
June 30, 2024990-EZ$116,090$100,080$16,010$142,317$126,746$15,571
Financial details: 990-EZ for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$185,152
Program service revenue
$0
Investment income
$4,116

Expenses

Compensation of officers, directors and key employees
$42,000
Salaries, compensation and benefits (total)
$45,537
Professional fees and payments to contractors
$4,024
Other expenses
$50,391
Program services (functional)
$71,734

Balance sheet and other

Total assets, start of year
$119,823
Total assets, end of year
$160,778
Total liabilities, end of year
$35,466
Net assets, end of year
$125,312
Cash, savings and investments
$160,778
Gross receipts
$189,268

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
KUNXIANG CHENPRESIDENT & CEO40$42,000
JUDY COUNTERVICE PRESIDENT5$0
RANDAL COUNTERTREASURER/SECRETARY5$0
MICHAEL WISEMANDIRECTOR5$0
990-EZ for the year ended June 30, 2025: 4 people
NameTitleHours / weekCompensation
KUNXIANG CHENPRESIDENT & CEO40$42,000
JUDY COUNTERVICE PRESIDENT5$0
RANDAL COUNTERTREASURER/SECRETARY5$0
MICHAEL WISEMANDIRECTOR5$0
990-EZ for the year ended June 30, 2024: 1 people
NameTitleHours / weekCompensation
KUNXIANG CHENPRESIDENT & CEO40$42,000

Address and contacts

Address (IRS master file)
2575 BEAUMONT PKWY, RENO, NV 89523-2042
Signed the 990-EZ
KUNXIANG CHEN, PRESIDENT & CEO
Phone
(800) 447-3105
Return prepared by
BERTRAND & ASSOCIATES LLC

Mission

FACE PLACES SECONDARY SCHOOL EXCHANGE STUDENTS

990-EZ for the year ended June 30, 2026

Program accomplishments

  • FACE sponsored a total of 19 participants.15 of them were 10-month academic year students, 4 were 5-month semester students from 5 countries.
    Expenses $71,734

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990-EZ on file
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
94-3029085
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1988
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$160,778
Income (IRS master file)
$189,268

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2026$189,268$99,952$160,778XML
990-EZJune 2025$136,660$116,235$119,823XML
990-EZJune 2024$116,090$100,080$142,317XML
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-3029085).

Questions about FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE

What is the EIN of FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE?
The employer identification number (EIN) of FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE is 94-3029085.
Is FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2026.
Who are the officers and directors of FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE?
The 990-EZ for the year ended June 30, 2026 lists 4 people; 1 received compensation from the organization, the highest $42,000 (KUNXIANG CHEN, PRESIDENT & CEO).
How much revenue does FOUNDATION FOR ACADEMIC CULTURAL EXCHANGE have?
On its 990-EZ for the year ended June 30, 2026 it reported revenue of $189,268, expenses of $99,952 and total assets of $160,778 at year end.

Other nonprofits in RENO

All nonprofits in RENO · Nevada · International, foreign affairs and national security