Nonprofit · EIN 16-1398469
INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC
Tax-exempt · BUFFALO, NY 14210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,344,372 | $2,430,692 | -$86,320 | $196,681 | $812 | $195,869 |
| June 30, 2024 | 990 | $2,360,254 | $2,302,338 | $57,916 | $282,480 | $292 | $282,188 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,344,000
- Program service revenue
- $0
- Investment income
- $372
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $159,715
- Other salaries and wages
- $1,520,211
- Salaries, compensation and benefits (total)
- $1,926,676
- Professional fundraising fees
- $0
- Legal fees
- $102
- Accounting fees
- $19,700
- Occupancy
- $9,746
- Travel
- $20,369
- Program services (functional)
- $2,391,900
- Management and general (functional)
- $38,792
Balance sheet and other
- Total assets, start of year
- $282,480
- Total assets, end of year
- $196,681
- Total liabilities, end of year
- $812
- Net assets, end of year
- $195,869
- Net assets without donor restrictions
- $195,869
- Gross receipts
- $2,344,372
- Employees
- 34
- Volunteers
- 0
- Year formed
- 1991
- State of legal domicile
- NY
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL PETTERSCH | SCHOOL DIRECTOR Highest-paid employee | 1 | $170,482 |
| MEILAY LAM | SECRETARY Officer | 1 | $0 |
| DEIRDRE SIMON | TREASURER Officer | 1 | $0 |
| ESTUARDO BIGURIA | VICE PRESIDENT Officer | 1 | $0 |
| MICHAEL CORSER | PRESIDENT Officer | 1 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MEILAY LAM | SECRETARY Officer | 1 | $0 |
| DEIRDRE SIMON | TREASURER Officer | 1 | $0 |
| ESTUARDO BIGURIA | VICE PRESIDENT Officer | 1 | $0 |
| MICHAEL CORSER | PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 701 SENECA ST STE 750, BUFFALO, NY 14210-1377
- Principal officer (990 for 2024)
- MICHAEL CORSER, KM 125 CARRETERA A EL SALVADOR GUAT, CITY, GT
- Signed the 990
- MICHAEL CORSER, PRESIDENT
- Phone
- (502) 634-1209
- Return prepared by
- BROCK SCHECHTER & POLAKOFF LLP
Mission
TO PROVIDE AN EDUCATION COMPARABLE TO UNITED STATES SCHOOLS
Program accomplishments
- THE FOUNDATION HAS PROVIDED AID AND SUPPORT, INCLUDING CERTIFIED TEACHERS, OTHER PERSONNEL & INSTRUCTIONAL MATERIALS TO EDUCATIONAL INSTITUTIONS LOCATED IN FOREIGN COUNTRIES, SO THAT SUCH INSTRUCTIONS MAY BE PROVIDED TO DEPENDENTS OF U.S. CITIZENS.Expenses $2,391,900
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 16-1398469
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q193)
- Assets (IRS master file)
- $196,681
- Income (IRS master file)
- $2,344,372
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,344,372 | $2,430,692 | $196,681 | XML |
| 990 | June 2024 | $2,360,254 | $2,302,338 | $282,480 | XML |
| 990 | June 2023 | $2,495,792 | $2,396,173 | $227,521 | IRS |
| 990 | June 2022 | $2,233,000 | $2,323,413 | $129,619 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 16-1398469).
Questions about INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC
- What is the EIN of INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC is 16-1398469.
- Is INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC 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 INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MICHAEL CORSER.
- Who are the officers and directors of INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $170,482 (MICHAEL PETTERSCH, SCHOOL DIRECTOR).
- How much revenue does INTERNATIONAL AMERICAN EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,344,372, expenses of $2,430,692 and total assets of $196,681 at year end.
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