Cultural Exchange Initiative Inc
Nonprofit profile at a glance
- EIN
- 833824561
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Brookline, MA, USA
- Phone
- 6172774631
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $60,638
- Expenses
- $29,031
- Assets
- $102,090
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Mikiyo Hattori (President)
People named in this filing
- Charles Thomas Wilkes (Director)
- Binghan Zhou (Director)
- Mikiyo Hattori (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Cultural Exchange Initiative ("the organization") connects various talented individuals ranging from middle school students to industry professionals and provides them with unique cultural exchange opportunities. For example, sharing one's life experiences with Japanese students, improving one's Japanese language skills, and joining a local Japanese community. The organization provides online course and live events that provide language and cultural education. Programs are free of charge.
What it reported doing in 2024
Pizza Language Exchange Party
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.3%; rating input score 30
- Program expense ratio: 63.2%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 52.1%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 3.52; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 22.1% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 29.6% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 30.3% of revenue deployed · 63.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.