Culture Regeneration Research Society
- Assets
- $466.5k
- Revenue
- $212.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Alhambra, CA
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 68-0388605
Organization Overview
Culture Regeneration Research Society is located in Alhambra, CA. The organization was established in 1998. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Culture Regeneration Research Society 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 12/2021, Culture Regeneration Research Society generated $212.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $145.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FORM 990, PART I, LINE 1 - ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIESOUR VISION IS TO REGENERATE BOTH WESTERN AND CHINESE CULTURE BY EXCHANGING EACHOTHER'S NOBLE VALUES AND CLASSIC PHILOSOPHIES THROUGH ACADEMIC AND CULTURALMINISTRIES. WE ARE DEDICATED TO COMMUNITY SERVICES SUCH AS POVERTY RELIEF, CARING FORTHE UNDERPRIVILEGED AND THE SICK.OUR MAJOR ACTIVITIES INCLUDE PROVIDING EDUCATIONAL FUNDS FOR THE NEEDY STUDENTS INTHE RURAL VILLAGES AND INNER CITIES.FORM 990, PART III, LINE 1 - ORGANIZATION MISSIONOUR VISION IS TO REGENERATE BOTH WESTERN AND CHINESE CULTURE BY EXCHANGING EACHOTHER'S NOBLE VALUES AND CLASSIC PHILOSOPHIES THROUGH ACADEMIC AND CULTURALMINISTRIES. WE ARE DEDICATED TO COMMUNITY SERVICES SUCH AS POVERTY RELIEF, CARINGFOR THE UNDERPRIVILEGED AND THE SICK.OUR MAJOR ACTIVITIES INCLUDE PROVIDING EDUCATIONAL FUNDS FOR THE NEEDY STUDENTS INTHE RURAL VILLAGES AND INNER CITIES.FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESSTHE INFORMATIONAL RETURN IS PREPARED BY AN OU
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT IN BULIDING OF HOSPITAL IN SICHUAN, CHINA
CRRS USA TEAMS WITH CRRS TO SUPPORT PUBLICATION OF "CULTURAL CHINA" MAGAZINE FOR THE CHINESE UNIVERSITIES SCHOLARS.
SUPPORT LUKE SERVICES INTERNATIONAL MINISTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Wu Secretary | Trustee | 3 | $0 |
Vincent Law Treasurer | Trustee | 3 | $0 |
Thomas In-Sing Leung Director | Trustee | 3 | $0 |
Cindy Kwok Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $212,353 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,353 |
| Total Program Service Revenue | $0 |
| Investment income | $154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $212,641 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,000 |
| Fees for services: Accounting | $5,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $697 |
| Office expenses | $70 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,003 |
| All other expenses | $4,061 |
| Total functional expenses | $145,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,102 |
| Savings and temporary cash investments | $389,378 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $466,480 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $466,480 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $466,480 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Culture Regeneration Research Society has recieved totaling $6,821.
| Awarding Organization | Amount |
|---|---|
Cocatalyst Impact Inc Palo Alto, CA PURPOSE: GENERAL SUPPORT | $6,687 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $134 |
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