Is it real?
Yes. Exemption reinstated (2023-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Nov 2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
35 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
26 people listed on the 990; $33K paid to officers and key staff.
Jennifer Farley’s $33K as Executive Director is at the 25th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| Jennifer Farley | $32,810 | $33,028 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Connects alumni to collaborate, learn, and support AIESEC's growth and student scholarships.
Questions for Aiesec Life INC
Your first name shows with your question. Aiesec Life INC answers here, for everyone.
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Student support for study TOURS/EVENTS, including elect a location and alumni will join to travel together and meet local aiesec members to give back. This also includes awards and grants given to students.
Founders circle annual retreat to reconnect with alumni in local markets.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $383K | $465K |
| Total assetsLn 16 | $383K | $465K |
| LiabilitiesLn 26 | $5K | $36K |
| Net assetsLn 32 | $379K | $429K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $33K | $33K | ||
| Accounting feesLn 11c | $3K | $3K | ||
| Advertising and promotionLn 12 | $943 | $943 | ||
| Information technologyLn 14 | $15K | $15K | ||
| TravelLn 17 | $10K | $6K | $4K | |
| InsuranceLn 23 | $878 | $878 | ||
| Other expenses (24a–d)Ln 24 | $35K | $28K | $7K | |
| All other expensesLn 24e | $260 | $260 | ||
| Total functional expensesLn 25 | $98K | $34K | $64K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $148K | $98K | $50K | $429K | 990 PDF |
| FY2023 | $326K | $166K | $160K | $379K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $148,333 revenue, 12 lines filed
Part VI · Governance 3 of 12 board members independent, 4 to look at
Part VIII · Statement of revenue $148,333 across 9 lines filed
Part IX · Statement of functional expenses $98,438 across 8 lines filed
Part X · Balance sheet $465,186 assets, 6 lines filed
Part XI · Reconciliation of net assets $428,697 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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