Us-China Peoples Friendship Association National
- Assets
- $832.7k
- Revenue
- $58.8k
- Investments
- $819.2k
- Employees
- 0
- Location
- Glen Allen, VA
- Founding
- 02/1976
- Data as of
- 12/2021
- EIN
- 23-7152831
Organization Overview
Us-China Peoples Friendship Association National is located in Glen Allen, VA. The organization was established in 1976. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Us-China Peoples Friendship Association National 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, Us-China Peoples Friendship Association National generated $58.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $35.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE US-CHINA PEOPLES FRIENDSHIP ASSOCIATION (USCPFA) PROMOTES FRIENDSHIP, COOPERATION AND UNDERSTANDING BETWEEN THE PEOPLES OF THE UNITED STATES AND CHINA THROUGH EDUCATIONAL RESOURCES SUCH AS QUARTERLY PUBLICATION AND ANNUAL SEMINAR, CONFERENCES, AND EDUCATIONAL TOURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
US-CHINA REVIEW IS A QUARTERLY PUBLICATION WITH EDUCATIONAL ARTICLES ABOUT CHINA AND NEWS CONCERNING USCPFA CHAPTERS AND PROGRAMS. IN 2021, OVER 700 ACTIVE MEMBERS AND 54 LIBRARIES AND UNIVERSITIES WORLDWIDE SUBSCRIBED TO THE PUBLICATION.
USCPFA NATIONAL HELD OUR FIRST VIRTUAL NATIONAL CONVENTION IN NOVEMBER 2021 AND IT WAS A GREAT SUCCESS. THE PROGRAM INCLUDED LECTURES FROM CHINA SCHOLARS AND OTHER CULTURAL PRESENTATIONS. WE PLAN TO CONTINUE TO HAVE A VIRTUAL COMPONENT IN FUTURE GATHERINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Greer National Pre | OfficerTrustee | $0 | |
Woon Chow National Tre | OfficerTrustee | $0 | |
Kirk Huang Director | Trustee | $0 | |
Jason Wang Director | Trustee | $0 | |
Kathleen Trescott Director | Trustee | $0 | |
Edward Krebs Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,117 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,584 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,701 |
| Total Program Service Revenue | $1,618 |
| Investment income | $15,851 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,655 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,825 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,500 |
| Fees for services: Legal | $4,700 |
| Fees for services: Accounting | $1,019 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $605 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,025 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $160 |
| Total functional expenses | $35,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,270 |
| Savings and temporary cash investments | $263 |
| 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 | $0 |
| Investments—other securities | $819,213 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $832,746 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $832,746 |
| Total liabilities and net assets/fund balances | $832,746 |
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