Morus Educational & Cultural Advancement Center Inc
- Assets
- $85.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2006
- Data as of
- 07/2024
- EIN
- 34-2013556
Organization Overview
Morus Educational & Cultural Advancement Center Inc is located in New York, NY. The organization was established in 2006. 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. Morus Educational & Cultural Advancement Center 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 07/2024, Morus Educational & Cultural Advancement Center Inc generated $43.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $32.9k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dayey Cheng President | 40 | $0 | |
Peter Cheng V. President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,910 |
| 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 | $43,910 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $30,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,852 |
| Total expenses | $32,852 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,452 |
| Other assets | $0 |
| Total assets | $85,452 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,452 |