Overview
What is New York Chinese School?
The New York Chinese School, located at 62 Mott Street, New York, NY 10013, is a nonprofit organization with a dedicated workforce of 58 individuals. Its primary mission is to instruct the Chinese language, encompassing both written and spoken forms, while also fostering an appreciation for Chinese culture and heritage. The school actively works towards these objectives, providing a valuable platform for individuals seeking to learn and immerse themselves in Chinese linguistics and traditions.
Official website here: www.nychineseschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
The New York Chinese School has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with an overall score of 75%. This rating is based entirely on the accountability and finance beacon, reflecting the organization’s commitment to maintaining transparency and sound financial practices.
The organization scores well in several areas, notably having a fully independent board with 100% membership and a solid financial statement review process. Additionally, the absence of any material diversion of assets and a strong liabilities to assets ratio also contribute positively to its financial health. However, there are areas for improvement, as the school lacks key policies such as a conflict of interest policy and a whistleblower policy, which are essential for ensuring ethical governance.
While the program expense ratio is acceptable at 62.68%, it suggests that there may be room for greater investment in programmatic activities. Overall, the New York Chinese School demonstrates a commitment to accountability but should prioritize addressing its policy deficiencies to enhance its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is New York Chinese School legitimate?
New York Chinese School is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Chinese School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $87,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,292
For more financial information, click here
Official website here: www.nychineseschool.org
What is the mission statement of New York Chinese School?
The New York Chinese School's mission is centered around educating individuals in both the spoken and written Chinese language. Beyond language instruction, the school also aims to foster an appreciation for Chinese culture and heritage. By doing so, it seeks to promote a deeper understanding and connection with Chinese traditions and customs. The school's activities and mission are geared towards preserving and celebrating the rich cultural heritage of China.
Official website here: www.nychineseschool.org
Who is the CEO of New York Chinese School?
Hsien Yun J Wang is the Principal of New York Chinese School.
Official website here: www.nychineseschool.org
What is the revenue of New York Chinese School?
New York Chinese School's revenue in 2023 was $546,841.
Official website here: www.nychineseschool.org
Who are the executives of New York Chinese School and what are their salaries?
The average compensation at New York Chinese School during 2023 was $4,253. There are 58 employees and 15 volunteers at New York Chinese School.
There is 1 key member and their salary:
- Compensation: $87,360
- Related: $0
- Other: $0
Official website here: www.nychineseschool.org
Where can I find the form 990 for New York Chinese School?
New York Chinese School's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nychineseschool.org
Learn more at the official website: www.nychineseschool.org
Mission Statement of New York Chinese School
New York Chinese School is committed to instructing both the written and spoken Chinese language, with an additional goal of preserving and celebrating Chinese culture and heritage. By teaching the intricacies of the Chinese language, this organization aims to foster a deeper appreciation for Chinese traditions and values, thereby enriching the lives of its students.
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Impact
July, 2024
New York Chinese School plays a crucial role in preserving and promoting Chinese culture and heritage in New York City. By offering quality education in both written and spoken Chinese language, the school not only helps individuals learn a new language but also fosters a deeper understanding and appreciation of Chinese culture. Through its dedicated efforts, New York Chinese School contributes to the cultural diversity and enrichment of the local community, creating opportunities for cross-cultural exchange and learning. Its impact extends beyond just language education, enriching the lives of students and creating a space where Chinese heritage can thrive in the bustling metropolis of New York.
This information is meant to be a general summary of New York Chinese School. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,227
- Program Service Revenue: $403,520
- Gross Receipts: $546,841
Assets and Liabilities:
- Total Assets: $1,407,497
- Total Liabilities: $0
- Net Assets: $1,407,497
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$403,520
SCHOOL & STUDENT FEES
Organization Details
Founding Year
1909
Phone
(212) 226-3320Principal Officer
Hsien Yun J Wang
Main Address
62 MOTT STREET, NEW YORK, NY, 10013
Website
www.nychineseschool.orgNTEE Category
Code: B20 - Education
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