New World Education Center
- Assets
- $81.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Piscataway, NJ
- Founding
- 01/2017
- Data as of
- 12/2022
- EIN
- 81-4640218
Organization Overview
New World Education Center is located in Piscataway, NJ. The organization was established in 2017. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, 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. New World Education Center 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, New World Education Center generated $160.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $139.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
SUCCESSFULLY HOSTED SEVERAL TRAINING PROGRAMS FOR NEW AND OLD IMMIGRANTS FOR THEIR CAREER ADVANCEMENT IN FINANCIAL ADVISORY AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jianping Lou President | 8 | $0 | |
Xinhui Tang Vice President | 4 | $0 | |
Yongchun Wu Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $160,865 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,865 |
| 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 | $17,000 |
| Occupancy, rent, utilities, and maintenance | $116,625 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,968 |
| Total expenses | $139,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,246 |
| Other assets | $0 |
| Total assets | $81,246 |
| Total liabilities | $1,520 |
| Net assets or fund balances | $79,726 |