National Tai Chi Wellness Foundation is located in San Jose, CA. The organization was established in 2009. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Tai Chi Wellness Foundation 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, National Tai Chi Wellness Foundation generated $5.0 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 (70.4%) each year. All expenses for the organization totaled $1.4k during the year ending 12/2021. 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
DUE TO COVID-19 PANDEMIC, ALL ACTIVITIES WERE TEMPORARY SUSPENDED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Weimo Zhu President | 5 | $0 | |
Shudong Li Secretary | 1 | $0 | |
Justin Eggert Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $5 |
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 | $380 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $1,380 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,625 |
Other assets | $0 |
Total assets | $6,625 |
Total liabilities | $15,841 |
Net assets or fund balances | -$9,216 |
Over the last fiscal year, we have identified 1 grants that National Tai Chi Wellness Foundation has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Elite Athlete Services Llc Chula Vista, CA | $1,496,608 | $8,695,406 |
Fort Mason Center San Francisco, CA | $56,018,448 | $12,125,879 |
Together We Rise Corporation Brea, CA | $12,918,832 | $8,918,064 |
Oakland Parks And Recreation Foundation Oakland, CA | $2,372,224 | $5,180,851 |
Revelation Wellness Foundation Phoenix, AZ | $2,310,255 | $2,402,674 |
Community Cycling Center Portland, OR | $977,321 | $2,001,865 |
Arizona Recreation Center For The Handicapped Phoenix, AZ | $9,226,834 | $2,236,160 |
Ciclavia Inc Los Angeles, CA | $239,557 | $1,284,171 |
Greater Santa Barbara Ice Skating Association Santa Barbara, CA | $13,267,140 | $1,024,865 |
Cuesta La Honda Guild San Jose, CA | $2,111,360 | $1,301,327 |
Nipomo Area Recreation Assoc Inc Nipomo, CA | $539,160 | $1,587,038 |
Hakone Foundation Saratoga, CA | $1,355,242 | $1,725,113 |