Overseas China Education Foundation is located in Houston, TX. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Overseas China Education Foundation 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 12/2022, Overseas China Education Foundation generated $584.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $999.3k during the year ending 12/2022. While expenses have increased by 6.5% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OCEF'S MISSION IS TO RAISE FUND TO SUPPORT EDUCATION ESPECIALLY TO HELP THE DISADVANTAGED CHILDREN IN THE VAST RURAL AREAS OF CHINA OBTAIN BASIC EDUCATION .
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED 1,619 ELEMENTARY AND MIDDLE SCHOOL STUDENTS FROM 229 SCHOOLS SUPPORTED 2,388 HIGH SCHOOL STUDENTS FROM 96 SCHOOLS AND PROVIDED FINANCIAL ASSISTANCE TO 323 COLLEGE STUDENTS.
PROVIDED 16,335 BOOKS TO 67 RURAL AREA SCHOOL LIBRARIES AND PROVIDED FINANCIAL ASSISTANCE TO 15 TEACHERS FROM RURAL AREA SCHOOLS
PROVIDED FUNDING FOR 1 SCHOOL CONSTRUCTION PROJECT BOUGHT FURNITURE AND EQUIPMENTS FOR 11 SCHOOLS AND PROVIDED FUNDING FOR 2 VOLUNTEER TEACHERS TO RURAL AREA SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Zhong Sheng Board Member | Officer | 10 | $0 |
Linfeng Zhang Board Member | Officer | 10 | $0 |
Hongning Gui Board Member | Officer | 10 | $0 |
Huihua Tan Treasurer | Officer | 10 | $0 |
Nan MA Secretary | Officer | 10 | $0 |
Tina Miao President | Officer | 20 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $982 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $572,487 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $573,469 |
Total Program Service Revenue | $0 |
Investment income | $10,679 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $584,148 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $921,096 |
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 | $35,248 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $2,898 |
Information technology | $772 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
Insurance | $210 |
All other expenses | $0 |
Total functional expenses | $999,321 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,893,293 |
Savings and temporary cash investments | $0 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,893,293 |
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 | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,893,293 |
Total liabilities and net assets/fund balances | $1,893,293 |
Over the last fiscal year, we have identified 20 grants that Overseas China Education Foundation has recieved totaling $1,024,743.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $437,197 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $273,575 |
Hsing-Ming Chang Charitable Foundation Los Altos, CA PURPOSE: CHARITABLE DONATION | $200,000 |
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $75,774 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $10,224 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9,676 |
Organization Name | Assets | Revenue |
---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
Robert G Carr & Nona K Carr Scholarship Foundation San Angelo, TX | $175,014,798 | $4,176,344 |