Mbc Education Center Inc
- Assets
- $195.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 32
- Location
- Alhambra, CA
- Founding
- 03/2009
- Data as of
- 07/2021
- EIN
- 20-3388740
Organization Overview
Mbc Education Center Inc is located in Alhambra, CA. The organization was established in 2009. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2021, Mbc Education Center Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mbc Education Center 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 07/2021, Mbc Education Center Inc generated $102.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $133.5k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO BE AN EXTENSION AND OUTREACH OF MANDARIN BAPTIST CHURCH OF LOS ANGELES MBCLA TO OPERATE CHINESE SCHOOL, AFTER SCHOOL, SUMMER SCHOOL, AND RELATED ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yu-Chin Lee Wang Director | 40 | $65,083 | |
Daisy Fong Secretary | 1 | $0 | |
Fred Jen Vice President | 1 | $0 | |
Carrie Wu Director | 1 | $0 | |
Simon Saeheng President & CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,489 |
| Total Program Service Revenue | $65,520 |
| Membership dues | $0 |
| Investment income | $1,851 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $32,500 |
| Total Revenue | $102,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $122,775 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $175 |
| Other expenses | $10,525 |
| Total expenses | $133,475 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,892 |
| Other assets | $0 |
| Total assets | $195,498 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,498 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mbc Education Center Inc has recieved totaling $45.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Packard Humanities Institute Los Altos, CA | $863,900,364 | $102,577,308 |
Ayn Rand Institute The Center For The Advancement Of Objectivism Santa Ana, CA | $17,620,667 | $17,085,722 |
Claremont Inst For The Study Of Statesmanship & Polit Philosophy Upland, CA | $14,003,298 | $9,466,224 |
California Humanities Oakland, CA | $2,781,512 | $6,891,682 |
Aha Punana Leo Hilo, HI | $23,875,245 | $6,915,753 |
Partners Asia Oakland, CA | $6,552,828 | $5,792,880 |
Literary Arts Inc Portland, OR | $14,485,873 | $11,203,520 |
Library Foundation Inc Serving The People Of Multnomah County Portland, OR | $22,669,861 | $3,134,177 |
Get Lit Words Ignite Inc Los Angeles, CA | $1,330,397 | $2,322,954 |
Society For Creative Anachronism Inc San Jose, CA | $6,483,503 | $1,391,085 |
Asian Pacific Institute On Gender-Based Violence Oakland, CA | $515,688 | $1,708,443 |
Wang Mo-Jen & Wang Chou An-Yi World Chinese Literature Prize Foundati San Francisco, CA | $2,890,895 | $451,863 |