University Of Science And Technology Of China Initiative Fou
- Assets
- $3.2m
- Revenue
- $510.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Castro Valley, CA
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 27-4542683
Organization Overview
University Of Science And Technology Of China Initiative Fou is located in Castro Valley, CA. The organization was established in 2012. 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. University Of Science And Technology Of China Initiative Fou 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, University Of Science And Technology Of China Initiative Fou generated $510.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $53.0k 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
TO FURTHER RELATIONSHIP THAT WOULD BENEFIT AND ENRICH THE COMMUNITIES OF UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA IN CHINA AND IN THE USA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STANFORD UNIVERSITY STUDENT RESEARCH PROGRAM. THE PROGRAM IS AIMED AT BUILDING UNDERSTANDING BETWEEN U.S. AND CHINESE STUDENTS AND BETWEEN STANFORD UNIVERSITY AND TOP CHINESE UNIVERSITIES BY ATTRACTING USTC UNDERGRADUATE STUDENTS TO STANFORD UNIVERSITY TO WORK WITH FACULTY AND STUDENTS ON RESEARCH IN THE SUMMER.
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Long Yu Director | OfficerTrustee | 1 | $0 |
Haoying Sun Secretary | OfficerTrustee | 2 | $0 |
Ou Chen Director | OfficerTrustee | 1 | $0 |
Lei Zhang Chief Financial Officer | OfficerTrustee | 3 | $0 |
Hua Jiang President | OfficerTrustee | 2 | $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 | $510,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $510,557 |
| Total Program Service Revenue | $0 |
| Investment income | $267 |
| 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 | $510,824 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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 | $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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,037 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $53,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $825,615 |
| Savings and temporary cash investments | $2,371,518 |
| 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 | $10,299 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,207,432 |
| 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 | $3,207,432 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,207,432 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Of Science And Technology Of China Initiative Fou has recieved totaling $50,075.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $50,075 |
Peer Organizations
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|---|---|---|
Mission Graduates San Francisco, CA | $3,883,649 | $11,314,485 |
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D-Veal Corporation Pasadena, CA | $1,060,148 | $8,616,279 |
Interfaith Food Center Santa Fe Springs, CA | $886,631 | $8,408,786 |
Educational Results Partnership Sacramento, CA | $3,391,130 | $3,866,159 |
Caremessage San Francisco, CA | $6,898,629 | $10,594,129 |
Core Districts Sacramento, CA | $6,393,095 | $5,685,377 |
Golden Oak Manor Inc San Rafael, CA | $6,249,784 | $2,003,606 |
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Krishnamurti Foundation Of America Ojai, CA | $22,733,615 | $8,821,741 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |