Hongfan Chinese Academy Inc
- Assets
- $7.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, GA
- Founding
- Data as of
- 12/2022
- EIN
- 85-4136566
Organization Overview
Hongfan Chinese Academy Inc is located in Marietta, GA. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Hongfan 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, Hongfan Chinese Academy Inc generated $77.6k in total revenue. All expenses for the organization totaled $73.5k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TEACHING CHINESE LANGUAGE AND CULTURE TO STUDENTS FROM KINDERGARTENERS TO ADULTS THROUGH THE OFFERING OF CHINESE AND ENRICHMENT COURSES. 150 STUDENTS WERE BENEFITED IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duanping Hong Board Chair, School Principal | 5 | $3,000 | |
Jingsong Wu Board Member | 1 | $0 | |
Ming Hua Board Member | 1 | $0 | |
Zhuan Dong Board Member | 1 | $0 | |
Xiaohong Gong Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40 |
| Total Program Service Revenue | $78,125 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,586 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,807 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $7,572 |
| Printing, publications, postage, and shipping | $1,573 |
| Other expenses | $3,066 |
| Total expenses | $73,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,931 |
| Other assets | $0 |
| Total assets | $7,931 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,931 |