Chicago North Chinese School
- Assets
- $297.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Des Plaines, IL
- Founding
- 06/1998
- Data as of
- 06/2023
- EIN
- 36-4195372
Organization Overview
Chicago North Chinese School is located in Des Plaines, IL. The organization was established in 1998. 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 North 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 06/2023, Chicago North Chinese School generated $56.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $50.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO TEACH CHINESE LANGUAGE, CULTURE AND HERITAGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xia P Schirmer Former President | 5 | $0 | |
Huankiat Tang President | 5 | $0 | |
Catherine Hsu Secretary | 5 | $0 | |
Alex Le Treasurer | 5 | $0 | |
Pei-Nong Chen Former School Principal | 5 | $0 | |
Stephen Fang School Principal | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,335 |
| Total Program Service Revenue | $43,356 |
| Membership dues | $0 |
| Investment income | $11,223 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,000 |
| Other Revenue | $0 |
| Total Revenue | $56,914 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,282 |
| Professional fees and other payments to independent contractors | $1,615 |
| Occupancy, rent, utilities, and maintenance | $23,200 |
| Printing, publications, postage, and shipping | $1,382 |
| Other expenses | $5,707 |
| Total expenses | $50,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $291,523 |
| Other assets | $0 |
| Total assets | $297,923 |
| Total liabilities | $0 |
| Net assets or fund balances | $297,923 |