Fenghua Academy
- Assets
- $208.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Zurich, IL
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 20-1501276
Organization Overview
Fenghua Academy is located in Lake Zurich, IL. The organization was established in 2007. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fenghua Academy 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 12/2021, Fenghua Academy generated $146.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $132.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jialin Yang Officer | 8 | $0 | |
Jian Wang Officier | 8 | $0 | |
Guangxue Wei Treasurer | 8 | $0 | |
Ronald Li Principal | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,410 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $23,932 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,221 |
| Total Revenue | $146,563 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,742 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $900 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,562 |
| Total expenses | $132,204 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $208,202 |
| Other assets | $0 |
| Total assets | $208,202 |
| Total liabilities | $0 |
| Net assets or fund balances | $208,202 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fenghua Academy has recieved totaling $27.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Youth Connection Charter School Chicago, IL | $19,677,483 | $57,450,809 |
Latin School Of Chicago Chicago, IL | $156,636,530 | $50,037,538 |
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
St Lukes-Jones Regional Medical Center Anamosa, IA | $65,819,310 | $47,904,266 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
University School Of Milwaukee Corporation Milwaukee, WI | $59,516,474 | $37,531,617 |
Park Tudor Foundation Inc Indianapolis, IN | $62,976,373 | $33,968,467 |
Christian Academy Of Louisville Inc Louisville, KY | $31,042,976 | $28,033,644 |
North Shore Country Day School Winnetka, IL | $93,458,208 | $25,821,359 |