Academy Of Chinese Culture And
- Assets
- $2.1m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 95
- Location
- Oakland, CA
- Founding
- 12/1982
- Data as of
- 12/2023
- EIN
- 94-2881684
Organization Overview
Academy Of Chinese Culture And is located in Oakland, CA. The organization was established in 1982. As of 12/2023, Academy Of Chinese Culture And employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of Chinese Culture And 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 12/2023, Academy Of Chinese Culture And generated $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NONPROFIT PUBLIC BENEFIT ORGANIZATION OFFERING PROFESSIONAL EDUCATION IN TRADITIONAL CHINESE MEDICIEN WITHIN THE CONTEXT OF CHINESE CULTURE. IT IS A PROFESSIONAL GRADUATE SCHOOL IN PREPARING GRADUATES FOR LICENSURE AND PRACTICE IN THE FIELD OF TRADITIONAL CHINESE MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUR YEAR EDUCATIONAL PROGRAM, TWO YEAR POSTGRADUATE MASTER PROGRAM AND TWO YEAR POSTMASTER DOCTORATE PROGRAM; PREPARE STUDENTS FOR CERTIFIED ACUPUNCTURIST EXAMINATION, AND ORIENTAL PHYSICAL THERAPY CERTIFICATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andes Bella Acting President | Officer | 40 | $130,876 |
Rong Yuan J Zhao Vice President Director | Trustee | 40 | $96,198 |
Jane Zhang Director | Trustee | 1 | $900 |
Yen W Choong Director | Trustee | 1 | $900 |
Eva W W Choi Director | Trustee | 1 | $900 |
Philip Tou Director | Trustee | 1 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $462,271 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $462,271 |
| Total Program Service Revenue | $1,759,231 |
| Investment income | $90,964 |
| 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 | $2,312,466 |
| 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. | $230,074 |
| Compensation of current officers, directors, key employees. | $23,128 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,115,935 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,297 |
| Payroll taxes | $107,070 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,462 |
| Fees for services: Accounting | $20,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,392 |
| Office expenses | $12,605 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $269,615 |
| Travel | $6,088 |
| 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 | $29,697 |
| Insurance | $20,358 |
| All other expenses | $260,941 |
| Total functional expenses | $2,326,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $716,939 |
| Savings and temporary cash investments | $1,077,201 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $103,490 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,176 |
| Prepaid expenses and deferred charges | $12,255 |
| Net Land, buildings, and equipment | $159,731 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,500 |
| Total assets | $2,134,292 |
| Accounts payable and accrued expenses | $46,476 |
| Grants payable | $0 |
| Deferred revenue | $157,883 |
| 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 | $134,794 |
| Total liabilities | $339,153 |
| Net assets without donor restrictions | $1,795,139 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,134,292 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Symposia Medicus Inc Pleasant Hill, CA | $9,643,148 | $10,102,689 |
Oregon College Of Oriental Medicine Portland, OR | $6,364,815 | $4,394,452 |
Academy Of Chinese Culture And Oakland, CA | $2,134,292 | $2,312,466 |
Acupuncture And Integrative Medicine College Berkeley Berkeley, CA | $2,402,804 | $2,239,232 |
Foundation For Medical Excellence Portland, OR | $3,062,357 | $1,048,374 |
Association For Academic Surgery Inc Los Angeles, CA | $720,895 | $654,719 |
California Academy Of Physician Assistants Los Angeles, CA | $1,833,226 | $880,196 |
Center For Chinese Medicine Los Angeles, CA | $109,231 | $15,431 |
Loma Linda University Urology Medical Group Inc Loma Linda, CA | $338,569 | $0 |