Chinese Academy Of Cleveland Inc
- Assets
- $129.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beachwood, OH
- Founding
- 06/1975
- Data as of
- 05/2023
- EIN
- 23-7427485
Organization Overview
Chinese Academy Of Cleveland Inc is located in Beachwood, OH. The organization was established in 1975. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinese Academy Of Cleveland 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 05/2023, Chinese Academy Of Cleveland Inc generated $83.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $66.4k during the year ending 05/2023. While expenses have increased by 8.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
OFFER COURSES OF STUDIES IN CHINESE LANGUAGE AND CULTURE SERVING 93 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Cheng Chairperson | 2 | $0 | |
Mingming Timura Treasurer | 2 | $0 | |
Yafen Wang Board Member | 2 | $0 | |
Ja-Jen Wang Board Member | 2 | $0 | |
Hui-Ling Haldeman Board Member | 2 | $0 | |
Ya Fan Chang Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,459 |
| Total Program Service Revenue | $42,610 |
| Membership dues | $0 |
| Investment income | $615 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,684 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $28,784 |
| Occupancy, rent, utilities, and maintenance | $1,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,088 |
| Total expenses | $66,372 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,506 |
| Other assets | $0 |
| Total assets | $129,506 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,506 |