West San Fernando Valley Chinese Academy is located in Calabasas, CA. The organization was established in 2004. 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. West San Fernando Valley Chinese Academy 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 06/2022, West San Fernando Valley Chinese Academy generated $39.7k 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 (3.2%) each year. All expenses for the organization totaled $56.1k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPORT FOR CHINESE SCHOOL, EDUCATIONAL ACTIVITIES, SPONSOR CULTURAL ACTIVITIES, SUCH AS CHINESE NEW YEAR ACTIVITIES AS WELL AS CHINESE FELLOWSHIP ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeremy Husk Treasurer | 4 | $0 | |
Cynthia Lin Principal | 10 | $0 | |
Bing Li Chairman | 2 | $0 | |
John Chen Board Member | 3 | $0 | |
Betty Chen Board Member | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $76 |
Total Program Service Revenue | $40,652 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$1,048 |
Other Revenue | $0 |
Total Revenue | $39,680 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $32,407 |
Professional fees and other payments to independent contractors | $975 |
Occupancy, rent, utilities, and maintenance | $11,475 |
Printing, publications, postage, and shipping | $204 |
Other expenses | $11,040 |
Total expenses | $56,101 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $117,215 |
Other assets | $0 |
Total assets | $117,215 |
Total liabilities | $25,245 |
Net assets or fund balances | $91,970 |
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