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AIT NORTH AMERICA INC

NEW YORK, NY · EIN 274477954 · Form 990 · FY2024 · NTEE Q22 · International Affairs · Medium ($1M-$10M)
revenue
$2.6M
expenses
$2.5M
net assets
$213K
employees
1
program ratio
97%
mission · from form 990

AIT NORTH AMERICA, INC. ENCOURAGES AN INTERNATIONAL EXCHANGE BETWEEN AMERICAN AND HUNGARIAN STUDENTS STUDYING COMPUTER SCIENCE, SOFTWARE ENGINEERING AND ENTREPRENEURSHIP. AIT SEEKS TO ENHANCE AMERICAN PROGRAMS IN THESE AREAS BY EXPOSING AMERICAN STUDENTS TO HUNGARIAN PROGRAMS WITH DEEP- ROOTED TRADITIONS OF EXCELLENCE. AIT HOPES THAT AMERICAN STUDENTS' EXPOSURE TO THESE PROGRAMS WILL BENEFIT THE HUNGARIAN COMMUNITY BOTH DOMESTICALLY AND ABROAD.

profile · synthesized from sources

AIT NORTH AMERICA INC facilitates international academic exchange for students in computer science, software engineering, and entrepreneurship, primarily connecting American students with programs in Hungary. The organization aims to strengthen U.S. education in these fields by leveraging Hungary’s traditions of excellence, while also supporting the Hungarian academic community. Based in New York, it operates as a nonprofit focused on educational enrichment through cross-border collaboration.

named programs · 1 · from sources

What they call their work

AIT Study Abroad Program
Academic exchange program in Budapest for North American students focusing on computer science, software engineering, and entrepreneurship, taught by Hungarian faculty
activities · 1 group

What they do

  • High School Exchange Programs 1 activity
    • Facilitating international student exchange programs in computer science and entrepreneurship
      Operates an international exchange program that connects American and Hungarian students for educational experiences in computer science, software engineering, and entrepreneurship.
financials · form 990 · fy2024
revenue
Total revenue$2.58M
Contributions & grants$00%
Program service revenue$2.58M100%
Investment income$00%
Other revenue$0
expenses
Total expenses$2.51M
Program expenses97%
Admin / overhead3%
Fundraising0%
Salaries & benefits$39K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$918K
Cash$884K
Investments$0
Liabilities$704K
Net assets$213K
Liquid reserves4.2 mo
5 years on record · 2020–2024 · YoY revenue +13.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
NORA BOJAR PRESIDENT 20 $36K
board members · 3
  • NEIL GRABOIS — DIRECTOR
  • RICHARD CORN — DIRECTOR
  • ROBERT HALASZ — SECRETARY/TR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • International Academic Exchange
    methodology: international-academic-exchange
    By facilitating cross-cultural academic exchange, we strengthen American education in technical fields because exposure to Hungarian programs with established excellence enhances learning and institutional capacity.