Sun Ray Chinese School Inc
- Assets
- $1.6m
- Revenue
- $205.7k
- Investments
- $459.0k
- Employees
- 18
- Location
- Carrollton, TX
- Founding
- 10/1988
- Data as of
- 12/2021
- EIN
- 75-2227227
Organization Overview
Sun Ray Chinese School Inc is located in Carrollton, TX. The organization was established in 1988. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Sun Ray Chinese School Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sun Ray Chinese School 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 12/2021, Sun Ray Chinese School Inc generated $205.7k 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 (15.8%) each year. All expenses for the organization totaled $250.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sun Ray Chinese School Inc has awarded 26 individual grants totaling $236,920. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING EDUCATION IN CHINESE LANGUAGE AND CHINESE CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING EDUCATION IN CHINESE LANGUAGE AND CULTURE, MATH, ENGLISH, SAT AND OTHER ELECTIVES, SUCH AS, MARTIAL ARTS, TRADIONAL CHINESE DANCE, ART CLASS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tzu-Chin Ko Fan Director/treasurer | OfficerTrustee | 40 | $0 |
Yu-Cheng Fan Secretary | Officer | 10 | $0 |
Tingwhai Lee President | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $52,778 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,821 |
| Total Program Service Revenue | $105,838 |
| Investment income | $21,727 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,343 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,729 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,000 |
| 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 | $103,096 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,073 |
| Fees for services: Management | $500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,935 |
| Fees for services: Other | $0 |
| Advertising and promotion | $530 |
| Office expenses | $4,984 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,200 |
| 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 | $764 |
| Insurance | $684 |
| All other expenses | $4,627 |
| Total functional expenses | $250,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,815 |
| Savings and temporary cash investments | $157,977 |
| 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 | $509 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $18,864 |
| Investments—publicly traded securities | $902,247 |
| Investments—other securities | $458,958 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,990 |
| Total assets | $1,581,360 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $3,500 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,577,860 |
| Total liabilities and net assets/fund balances | $1,581,360 |
Grants Awarded
Over the last fiscal year, Sun Ray Chinese School Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Whitewright, TX PURPOSE: GENERAL SUPPORT | $10,000 |
PURE LAND BUDDHIST ASSOCIATION PURPOSE: GENERAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sun Ray Chinese School Inc has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Action And Contemplation Inc Albuquerque, NM | $15,264,590 | $12,835,886 |
Southern Gas Association Dallas, TX | $5,545,984 | $4,419,938 |
Humanities Texas Austin, TX | $9,920,951 | $4,003,511 |
Common Threads Austin, TX | $2,007,404 | $3,535,258 |
Archaeological Conservancy Albuquerque, NM | $56,717,200 | $10,561,379 |
Louisiana Endowment For The Humanities New Orleans, LA | $7,660,408 | $3,249,427 |
Dallas Human Resource Management Association Inc Dallas, TX | $3,193,977 | $1,127,847 |
Oklahoma Humanities Council Inc Oklahoma City, OK | $1,955,276 | $1,624,150 |
Brilliant Lecture Series Inc Houston, TX | $24,900 | $1,346,410 |
Searchlight New Mexico Santa Fe, NM | $846,961 | $1,080,972 |
Bartoskewitz Farm Foundation Seguin, TX | $3,479,402 | $1,928,325 |
System For Education Empowerment And Success Houston, TX | $312,075 | $658,184 |