Chinese Academy Inc
- Assets
- $159.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 56-2043169
Organization Overview
Chinese Academy Inc is located in Charlotte, NC. The organization was established in 1998. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinese Academy 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, Chinese Academy Inc generated $120.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $105.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Qiang Chen Principle | 10 | $0 | |
Yang Liu Chairman | 5 | $0 | |
Fenggang Yu Chairman | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,703 |
| Total Program Service Revenue | $118,419 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,122 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $65,541 |
| Occupancy, rent, utilities, and maintenance | $20,418 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,955 |
| Total expenses | $105,914 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,809 |
| Other assets | $0 |
| Total assets | $159,809 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,809 |