Fidelity Chinese School
- Assets
- $121.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marlboro, NJ
- Founding
- 12/1994
- Data as of
- 06/2022
- EIN
- 22-3256707
Organization Overview
Fidelity Chinese School is located in Marlboro, NJ. The organization was established in 1994. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fidelity Chinese School 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, Fidelity Chinese School generated $46.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $44.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 2 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 |
|---|---|---|---|
Herbert Gordon Principal | 12 | $0 | |
Lawrence Chan Vice Principal | 10 | $0 | |
Szu Wei Chao Language Director - Mandarin | 12 | $0 | |
Karen Lee Language Director - Cantonese | 12 | $0 | |
Howie Chien Culture Director | 12 | $0 | |
Ada Chong Pa Director | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,630 |
| Total Program Service Revenue | $35,554 |
| Membership dues | $0 |
| Investment income | $126 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,310 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,205 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $12,542 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,621 |
| Total expenses | $44,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,940 |
| Other assets | $0 |
| Total assets | $121,940 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,940 |