Nonprofit · EIN 25-1787436
AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC
Also known as AFNES
Tax-exempt · UNIVERSITY PARK, PA 16802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $287,104 | $203,990 | $83,114 | $88,419 | $0 | $88,419 |
| August 31, 2024 | 990 | $188,942 | $246,996 | -$58,054 | $5,306 | $0 | $5,306 |
| August 31, 2023 | 990 | $159,156 | $285,963 | -$126,807 | $63,360 | $0 | $63,360 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $215,659
- Program service revenue
- $0
- Investment income
- $229
- Other revenue
- $71,216
Expenses
- Grants and similar amounts paid
- $12,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $415
- Accounting fees
- $4,327
- Travel
- $63,505
- Program services (functional)
- $196,447
- Management and general (functional)
- $7,543
Balance sheet and other
- Total assets, start of year
- $5,305
- Total assets, end of year
- $88,419
- Total liabilities, end of year
- $0
- Net assets, end of year
- $88,419
- Net assets with donor restrictions
- $88,419
- Gross receipts
- $287,104
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1996
- State of legal domicile
- DE
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY W ICKES | PRESIDENT/TREASURER Trustee or director, Officer | 20 | $0 |
| ROMAN FRYDMAN | SECRETARY Trustee or director, Officer | 5 | $0 |
| ILYA A STREBULAEV | DIRECTOR Trustee or director | 0.5 | $0 |
| ALEXANDER AGANIN | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended August 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY W ICKES | PRESIDENT/TREASURER Trustee or director, Officer | 20 | $0 |
| ROMAN FRYDMAN | SECRETARY Trustee or director, Officer | 5 | $0 |
| ILYA A STREBULAEV | DIRECTOR Trustee or director | 0.5 | $0 |
| ALEXANDER AGANIN | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended August 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY W ICKES | PRESIDENT/TREASURER Trustee or director, Officer | 20 | $0 |
| ROMAN FRYDMAN | SECRETARY Trustee or director, Officer | 5 | $0 |
| GUS OFFER | DIRECTOR (UNTIL 9/30/22) Trustee or director | 0.5 | $0 |
| ILYA A STREBULAEV | DIRECTOR Trustee or director | 0.5 | $0 |
| ALEXANDER AGANIN | DIRECTOR Trustee or director | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- DEPT OF ECONOMICS PSU, UNIVERSITY PARK, PA 16802-0000
- In care of
- % DR BARRY W ICKES
- Principal officer (990 for 2024)
- DR BARRY W ICKES, DEPT OF ECONOMICS PSU, UNIVERSITY PARK, PA 16802
- Signed the 990
- DR BARRY W ICKES, PRESIDENT
- Phone
- (814) 863-2652
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
FOSTER THE DEVELOPMENT OF ECONOMICS EDUCATION IN RUSSIA AND ADVANCING ACADEMIC COOPERATION BETWEEN AMERICAN AND RUSSIAN INSTITUTIONS AND TO COOPERATE WITH OTHER CHARITABLE ORGANIZATIONS WHETHER LOCAL, NATIONAL, OR INTERNATIONAL IN FURTHERANCE OF THE ORGANIZATION'S PURPOSE.
Program accomplishments
- THE ORGANIZATION PROVIDES FACULTY MEMBERS TO TEACH AT THE NEW ECONOMIC SCHOOL AND HELPS PLACE GRADUATE STUDENTS FROM THE NEW ECONOMIC SCHOOL IN PH.D. PROGRAMS ABROAD.Expenses $196,447 · grants $12,000
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 25-1787436
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q320)
- Assets (IRS master file)
- $88,419
- Income (IRS master file)
- $287,104
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $287,104 | $203,990 | $88,419 | XML |
| 990 | August 2024 | $188,942 | $246,996 | $5,306 | XML |
| 990 | August 2023 | $159,156 | $285,963 | $63,360 | XML |
| 990 | August 2022 | $224,752 | $542,669 | $190,167 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990-EZ | August 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 25-1787436).
Questions about AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC
- What is the EIN of AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC?
- The employer identification number (EIN) of AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC is 25-1787436.
- Is AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL 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 AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC?
- The 990 for the year ended August 31, 2025 names DR BARRY W ICKES.
- Who are the officers and directors of AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC?
- The 990 for the year ended August 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does AMERICAN FRIENDS OF THE NEW ECONOMIC SCHOOL INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $287,104, expenses of $203,990 and total assets of $88,419 at year end.
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All nonprofits in UNIVERSITY PARK · Pennsylvania · International, foreign affairs and national security