Chicago Northwest Suburban Chinese School
- Assets
- $141.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 03/1982
- Data as of
- 08/2024
- EIN
- 36-3157628
Organization Overview
Chicago Northwest Suburban Chinese School is located in Palatine, IL. The organization was established in 1982. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Northwest Suburban Chinese School 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 08/2024, Chicago Northwest Suburban Chinese School generated $76.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.7% each year . All expenses for the organization totaled $73.8k during the year ending 08/2024. While expenses have increased by 38.9% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elsie So Treasurer | 20 | $0 | |
Sally Chang Principal | 20 | $0 | |
Yu Ching Liu Director Of Education | 20 | $0 | |
Kurtis Chang Director Of Information Technlogy | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
| 8/30/21 | $2,427 | |
| 8/30/21 | $1,800 | |
| 8/30/21 | $2,796 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,606 |
| Total Program Service Revenue | $68,701 |
| Membership dues | $710 |
| Investment income | $1,755 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,772 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,677 |
| Professional fees and other payments to independent contractors | $47,630 |
| Occupancy, rent, utilities, and maintenance | $12,735 |
| Printing, publications, postage, and shipping | $227 |
| Other expenses | $11,571 |
| Total expenses | $73,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,594 |
| Other assets | $0 |
| Total assets | $141,594 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,594 |