Yo San Univeristy Of Traditional Chinese Medicine Inc
- Assets
- $4.7m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 102
- Location
- Los Angeles, CA
- Founding
- 12/1990
- Data as of
- 12/2022
- EIN
- 93-0999148
Organization Overview
Yo San Univeristy Of Traditional Chinese Medicine Inc is located in Los Angeles, CA. The organization was established in 1990. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 12/2022, Yo San Univeristy Of Traditional Chinese Medicine Inc employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yo San Univeristy Of Traditional Chinese Medicine 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 12/2022, Yo San Univeristy Of Traditional Chinese Medicine Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 years. 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
EDUCATES STUDENTS TO BECOME EXCEPTIONAL PRACTITIONERS OF TRADITIONAL CHINESE MEDICINE AND THE TAOIST HEALING ARTS. THE SCHOOL FACILITATES THE DEVELOPMENT OF STUDENTS' SPIRITUAL AND PROFESSIONAL GROWTH AND PROVIDES THE COMMUNITY WITH AN INTEGRATIVE MEDICAL CARE MODEL AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OFFERS A FOUR-YEAR PROGRAM LEADING TO THE DEGREE OF MASTER OF ACUPUNCTURE AND TRADITIONAL CHINESE MEDICINE (MATCM) AND POST-GRADUATE PROGRAM DOCTOR OF ACUPUNCTURE AND ORIENTAL MEDICINE (DAOM). ALSO, SPONSORS SEMINARS AND WORKSHOPS IN RELATED FIELDS. IT HAS A STUDENT BODY OF APPROXIMATELY 96 IN 2022. YO SAN UNIVERSITY CONDUCTS A PROGRAM OF CONTINUING EDUCATION TO PROMOTE ADVANCEMENT OF THE TRADITIONAL CHINESE MEDICAL PROFESSION. THE UNIVERSITY OPERATES AN ACUPUNCTURE CLINIC THAT PROVIDES ITS STUDENTS WITH THE OPPORTUNITY TO EARN THEIR REQUIRED HOURS OF INTERNSHIP AND TO PROVIDE THE PUBLIC WITH LOW COST HEALTH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Christman Trustee, Treasurer | Trustee | 1 | $0 |
Toshino Yuhaku Trustee | Trustee | 1 | $0 |
Daphne Hsiao Trustee | Trustee | 1 | $0 |
Sum-Yee Wang Trustee | Trustee | 1 | $0 |
Maoshing Ni Co-Founder, Trustee, Interim President | Trustee | 0 | $0 |
James Tuggle Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $62,024 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,484 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,508 |
| Total Program Service Revenue | $2,711,831 |
| Investment income | $60,422 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $590 |
| Net Gain/Loss on Asset Sales | -$112,840 |
| Net Income from Fundraising Events | -$1,904 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,896 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,865,503 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $298,278 |
| Compensation of current officers, directors, key employees. | $298,278 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,394,303 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,644 |
| Payroll taxes | $132,698 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,927 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $38,745 |
| Office expenses | $122,510 |
| Information technology | $56,972 |
| Royalties | $0 |
| Occupancy | $604,798 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,692 |
| Interest | $4,125 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,744 |
| Insurance | $69,438 |
| All other expenses | $29,810 |
| Total functional expenses | $3,153,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,688 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,359 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,248 |
| Prepaid expenses and deferred charges | $50,116 |
| Net Land, buildings, and equipment | $136,522 |
| Investments—publicly traded securities | $2,300,080 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,178,261 |
| Total assets | $4,743,274 |
| Accounts payable and accrued expenses | $78,057 |
| 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 | $1,887,487 |
| Total liabilities | $1,965,544 |
| Net assets without donor restrictions | $2,587,167 |
| Net assets with donor restrictions | $190,563 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,743,274 |