Traditional Chinese Medicine World Foundation Inc
- Assets
- $396.7k
- Revenue
- $300.8k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 03/1995
- Data as of
- 06/2022
- EIN
- 13-3794986
Organization Overview
Traditional Chinese Medicine World Foundation Inc is located in New York, NY. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Traditional Chinese Medicine World Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Traditional Chinese Medicine World Foundation Inc generated $300.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $325.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S PURPOSE IS TO SERVE AS A SOURCE FOR INFORMATION ON TRADITIONALCHINESE MEDICINE THROUGH EDUCATIONAL PROGRAMS, PUBLICATIONS AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TCMW EDUCATION ARE VARIOUS MIN CLASSES INCLUDING VIDEOS AND SEMINARS TO PROMOTEAND DEVELOP LIFESTYLE CHANGES TO REDUCE STRESS AND BUILD HEALTH. IN KEEPING WITHTHE FOUNDATION GOALS TO SHARE A MORE HOLISTIC APPROCH TO SELF-CARE.
BREAST CANCER PREVENTION PROJECT IS A SERIES OF EDUCATIONAL WORKSHOPS THAT TEACHESWOMEN TO IDENTIFY THE ROOT CAUSE OF BREAST CANCER USING TRADITIONAL CHINESEMEDICINE.
THE DRAGON'S WAY IS A STRESS AND WEIGHT MANAGEMENT PROGRAM BASED ON THE PRINCIPLESOF TRADITIONAL CHINESE MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nan Lu President | Officer | 4 | $0 |
Josie Zhuo Secretary | Officer | 1 | $0 |
Xi Hua Xu Director | Trustee | 1 | $0 |
Frances Brisbane Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,418 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,418 |
| Total Program Service Revenue | $254,344 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $300,772 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,667 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,193 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,996 |
| Advertising and promotion | $490 |
| Office expenses | $3,677 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,571 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,212 |
| Insurance | $0 |
| All other expenses | $44,375 |
| Total functional expenses | $325,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,502 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,197 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,000 |
| Total assets | $396,733 |
| Accounts payable and accrued expenses | $7,400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,022 |
| Total liabilities | $9,422 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $387,311 |
| Total liabilities and net assets/fund balances | $396,733 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Public Responsibility In Medicine And Research Boston, MA | $9,595,219 | $3,666,753 |
American Society Of Law Medicine & Ethics Inc Boston, MA | $725,632 | $445,179 |
Traditional Chinese Medicine World Foundation Inc New York, NY | $396,733 | $300,772 |
Worcester District Medical Society Worcester, MA | $1,289,661 | $388,902 |
Massachusetts Breast Cancer Coalition Inc Franklin, MA | $456,142 | $281,184 |
Children Of China Pediatrics Foundation-Psc- New York, NY | $745,256 | $189,573 |
Nami Central Mass Inc Worcester, MA | $15,854 | $0 |