Ap Academy is located in Alhambra, CA. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ap Academy 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, Ap Academy generated $9.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.8%) each year. All expenses for the organization totaled $9.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (35.1%) per year over the past 7 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
PROVIDE CHINESE LANGUAGE AND CULTURE EDUCATIONAL SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kan-I Chao CFO | 40 | $0 | |
Kuo Sheng Chao President & CEO | 1 | $0 | |
Chi-Hwa Chao Director | 1 | $0 | |
Shin-Ru Yang Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $9,330 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $9,332 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,490 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $100 |
Printing, publications, postage, and shipping | $14 |
Other expenses | $3,484 |
Total expenses | $9,088 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,050 |
Other assets | $0 |
Total assets | $4,050 |
Total liabilities | $7,233 |
Net assets or fund balances | -$3,183 |
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