Uboston Institute Inc
- Assets
- $38.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-4179475
Organization Overview
Uboston Institute Inc is located in Newton, MA. The organization was established in 2017. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uboston Institute 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, Uboston Institute Inc generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.7%) each year. All expenses for the organization totaled $2.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (41.8%) per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL SERVICES AND ASSISTANCE TO STUDENTS AND SCHOLARS FOR EXPLORING STUDY AND WORK OPPORTUNITIES IN UNITED STATES AND OVERSEAS, AS WELL AS TO PROVIDE A PLATFORM FOR INTERNATIONAL EDUCATION AND CULTURE EXCHANGES. TO CREATE, ESTABLISH, AND CARRY ON AN EDUCATIONAL INSTITUTION OF GENERAL LEARNING WITHIN MASSACHUSETTS OFFERING BOTH FULL-TIME AND PART-TIME COURSES FOR STUDENTS; TO OPERATE ALL PROGRAMS AND FACILITIES TYPICALLY OR APPROPRIATELY OPERATED BY A SCHOOL FOR GENERAL EDUCATION. TO CONDUCT SUCH OTHER ACTIVITIES AND PROGRAMS IN FURTHERANCE OF THE FOREGOING PURPOSES AS MAY BE CARRIED OUT BY A CORPORATION ORGANIZED UNDER MASSACHUSETTS GENERAL LAWS CHAPTER 180 AND DESCRIBED IN SECTION (501)(C)(3) OF THE INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Quanli Yang President | 2 | $0 | |
Luning Wang Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $907 |
| Total expenses | $2,807 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,373 |
| Other assets | $0 |
| Total assets | $38,373 |
| Total liabilities | $24,159 |
| Net assets or fund balances | $14,214 |