Ponoma Valley Chinese School is located in Upland, CA. The organization was established in 1977. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Ponoma Valley Chinese School 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 06/2024, Ponoma Valley Chinese School generated $55.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $56.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 2 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
2024
Describe the Organization's Program Activity:
Part 3
TO EDUCATE THE COMMUNITY IN CHINESE LANGUAGE AND CULTURE 0
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kai Dunn Chairman | 5 | $0 | |
Mike Chao Secretary | 1 | $0 | |
Meiju Lee Principal | 12 | $0 | |
Kit Chui Pta President | 6 | $0 | |
Connie Ren Board Members | 1 | $0 | |
Kim Chin Board Members | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $45,681 |
Membership dues | $0 |
Investment income | $5,919 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,679 |
Total Revenue | $55,279 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $29,280 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $17,825 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,088 |
Total expenses | $56,193 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $220,543 |
Other assets | $0 |
Total assets | $220,543 |
Total liabilities | $0 |
Net assets or fund balances | $220,543 |