Hip Wah School
- Assets
- $186.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 05/1985
- Data as of
- 12/2023
- EIN
- 68-0049002
Organization Overview
Hip Wah School is located in Oakland, CA. The organization was established in 1985. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary 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. Hip Wah 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, Hip Wah School generated $193.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $185.6k during the year ending 12/2023. While expenses have increased by 4.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ASIAN STUDENTS PARTICIPATED IN A 4-WEEK SUMMER PROGRAM. STUDENTS LEARNED ABOUT CHINESE HISTORY, CULTURAL CEREMONIES, COOKING, OUTDOOR CULTURAL ACTIVITIES, FIELD TRIPS TO CHINESE CULTURAL EVENTS, PERFORMANCES WITH CHINESE LANGUAGE ARTS AND CHINESE INSTRUMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vitalis Obidi Site Director | 16 | $0 | |
Li Zhu President | 2 | $0 | |
Catherine Payne Vice President | 2 | $0 | |
Emily Wilson Secretary | 2 | $0 | |
Elizabeth Shook Co-Treasurer | 4 | $0 | |
Henry Wong Co-Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $971 |
| Total Program Service Revenue | $174,222 |
| Membership dues | $0 |
| Investment income | $5,850 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,768 |
| Other Revenue | $9,975 |
| Total Revenue | $193,786 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $99,194 |
| Professional fees and other payments to independent contractors | $1,843 |
| Occupancy, rent, utilities, and maintenance | $23,007 |
| Printing, publications, postage, and shipping | $2,970 |
| Other expenses | $58,634 |
| Total expenses | $185,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,338 |
| Other assets | $0 |
| Total assets | $186,338 |
| Total liabilities | $1 |
| Net assets or fund balances | $186,337 |