First Chinese School
- Assets
- $48.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 06/1994
- Data as of
- 12/2022
- EIN
- 95-4450222
Organization Overview
First Chinese School is located in Arcadia, CA. The organization was established in 1994. According to its NTEE Classification (V30) the organization is classified as: Interdisciplinary Research, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First 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 12/2022, First Chinese School generated $163.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $150.2k during the year ending 12/2022. While expenses have increased by 14.8% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ESTIMATED 150 STUDENTS IN THE PROGRAM TO STUDY CHINESE LANGUAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zhengyue Wang President | 40 | $46,400 | |
Quan Xu Secretary/treasurer | 10 | $16,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $163,878 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $40 |
| Total Revenue | $163,918 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $102,488 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $33,647 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,057 |
| Total expenses | $150,192 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,849 |
| Other assets | $0 |
| Total assets | $48,849 |
| Total liabilities | $3,372 |
| Net assets or fund balances | $45,477 |