Princeton In Beijing Inc
- Assets
- $2.3m
- Revenue
- $433.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Princeton, NJ
- Founding
- 05/2002
- Data as of
- 09/2023
- EIN
- 22-3779722
Organization Overview
Princeton In Beijing Inc is located in Princeton, NJ. The organization was established in 2002. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2023, Princeton In Beijing Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton In Beijing 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 09/2023, Princeton In Beijing Inc generated $433.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.6%) each year. All expenses for the organization totaled $403.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (21.5%) per year over the past 4 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FULL-IMMERSION CHINESE LANGUAGE TRAINING IN CHINA FOR STUDENTS OF PRINCETON AND OTHER UNIVERSITIES AND TO FOSTER CULTURAL EXCHANGE. 52 STUDENTS PARTICIPATED IN THE SUMMER 2023 PROGRAM, WHICH WAS ADMINISTERED REMOTELY DUE TO THE COVID-19 PANDEMIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER PROGRAM - THE "PRINCETON IN BEIJING AT PRINCETON THEOLOGICAL SEMINARY" SUMMER 2023 PROGRAM, WITH A PROGRAM FEE OF $12,500, WHICH INCLUDED TUITION, BOARD, MEALS, EXCURSIONS, AND EXTRACURRICULAR ACTIVITIES, WAS FORMALLY ANNOUNCED ON DECEMBER 16, 2022. A TOTAL OF 36 APPLICATIONS WERE RECEIVED BY THE APPLICATION DEADLINE. ULTIMATELY, 16 STUDENTS, BOTH PRINCETON AND NON-PRINCETON, ATTENDED AND COMPLETED THE EIGHT-WEEK PROGRAM. THE SUMMER 2023 PROGRAM BEGAN ON JUNE 12 WITH A WEEK OF TEACHER TRAINING AND AN OPENING CEREMONY ON SUNDAY, JUNE 18. CLASSES BEGAN ON JUNE 19 AND CONCLUDED AUGUST 11.
SPONSORED EVENTS - PRINCETON IN BEIJING SPONSORED A CONFERENCE ARRANGED BY PROFESSOR PERRY LINK ON "DO WE THINK DIFFERENTLY IN CHINESE AND ENGLISH. THE CONFERENCE WAS HELD OVER THE COURSE OF THE WEEKEND OF OCTOBER 21 THROUGH OCTOBER 23 PRIMARILY IN PERSON AT PRINCETON UNIVERSITY. THE PROCEEDINGS CONSISTED OF A DISCUSSION OF PAPERS PREPARED BY THE INVITEES, AND SCHOLARS IN THE FIELDS OF COGNITIVE SCIENCE, LINGUISTICS, LITERATURE, AND PHILOSOPHY. PRINCETON IN BEIJING COVERED CONFERENCE MEAL EXPENSES, LODGING AND TRAVEL FOR THE IN-PERSON PARTICIPANTS, AS WELL AS HONORARIA FOR THE CONTRIBUTORS. THE 30TH INTERNATIONAL CONFERENCE ON CHINESE LANGUAGE INSTRUCTION, WHICH WAS HELD IN PERSON AT PRINCETON UNIVERSITY ON SATURDAY, APRIL 29, 2023, WAS SPONSORED BY THE EAST ASIAN STUDIES PROGRAM AND PRINCETON IN BEIJING. THE CONFERENCE CONSISTED OF 18 PRESENTATIONS ACROSS CATEGORIES SUCH AS TRENDS IN CHINESE PEDAGOGY, PHONETICS, GRAMMAR AND LISTENING TRAINING, ADVANCED CHINESE TEACHING, TECHNOLOGY, AND MORE, AND ATTRACTED AN AUDIENCE OF MORE THAN 70 SCHOLARS. PRINCETON IN BEIJING COVERED THE CATERING EXPENSES, INCLUDING LUNCH AND DINNER FOR PARTICIPANT GUESTS, FOR THE EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Dolan Board Member | Trustee | 1 | $0 |
Anna Shields Chair Of The Board | OfficerTrustee | 1 | $0 |
Thomas Conlan Board Member | Trustee | 1 | $0 |
Stephen Teiser Board Member | Trustee | 1 | $0 |
Aly Remtulla Board Member | Trustee | 1 | $0 |
Rebecca Graves Bayazitoglu Secretary | OfficerTrustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $202,337 |
| Investment income | $231,366 |
| 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 | $433,723 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,434 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,827 |
| Compensation of current officers, directors, key employees. | $5,207 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,269 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,400 |
| Advertising and promotion | $0 |
| Office expenses | $22,535 |
| Information technology | $2,176 |
| Royalties | $0 |
| Occupancy | $117,121 |
| Travel | $50,138 |
| 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 | $0 |
| Insurance | $6,436 |
| All other expenses | $783 |
| Total functional expenses | $403,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,260,986 |
| Savings and temporary cash investments | $318,532 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $718,999 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,298,517 |
| Accounts payable and accrued expenses | $1,054 |
| 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 | $0 |
| Total liabilities | $1,054 |
| 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 | $2,297,463 |
| Total liabilities and net assets/fund balances | $2,298,517 |