Word Of Grace Chinese School is located in San Jose, CA. The organization was established in 2012. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, 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. Word Of Grace 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 12/2023, Word Of Grace Chinese School generated $117.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $103.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SHARE GOD'S GRACE AND GOODNESS TO THE COMMUNITY BY PROVIDING CHINESE LESSONS AS WELL AS OTHER ACADEMIC CLASSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miranda Lee Chairman | 20 | $0 | |
Lawrance Lee Secretary | 0.5 | $0 | |
Samuel D Wang Treasurer | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $114,419 |
| Membership dues | $0 |
| Investment income | $4,590 |
| Gain or Loss | -$1,157 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,852 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,319 |
| Professional fees and other payments to independent contractors | $360 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,522 |
| Other expenses | $21,774 |
| Total expenses | $103,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $374,612 |
| Other assets | $0 |
| Total assets | $374,612 |
| Total liabilities | $35,959 |
| Net assets or fund balances | $338,653 |