Overview
What is Fei Tian College?
Fei Tian College, situated in Cuddebackville, New York, is a distinctive nonprofit institution devoted to imparting knowledge in Classical Chinese dance and East-West music to its students, in addition to offering general education courses in the liberal arts and sciences. The college's operations encompass compensating educators, acquiring teaching materials, and utilizing facilities. In the 2021 academic year, the institution received approximately $5.1 million in donated professional services and $2 million in donated use of facilities. Financial assistance is a top priority, with most students receiving full scholarships. The college supports its mission of higher education and the cultivation of intellectual and moral virtues in students through various program services, including student activities and auxiliary services like dormitories. The mission of Fei Tian College is to offer exceptional post-secondary education that equips students with professional skills, instills an appreciation for classical virtues, and prepares them for a lifelong learning journey.
Official website here: www.feitian.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Fei Tian College has achieved a strong 92% rating from Charity Navigator, primarily reflecting its commitment to accountability and financial integrity. The organization has a fully independent board, which contributes positively to its governance structure. Notably, there has been no material diversion of assets, and the college has established comprehensive policies regarding conflicts of interest and whistleblowing.
The organization's financial health is impressive, with a program expense ratio of 94.50%, indicating that a significant portion of its expenses is directed toward its mission. Additionally, the fundraising efficiency ratio shows that it incurs no costs to raise funds, which suggests an effective operational model. The working capital ratio of 3.56 years also points to a stable financial position, allowing the college to sustain its programs over the long term.
While the overall rating is strong, the summary does not highlight any specific challenges or areas for improvement. This solid financial stewardship and governance suggest that Fei Tian College is well-positioned to achieve its educational objectives while maintaining transparency with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Fei Tian College legitimate?
Fei Tian College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fei Tian College 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: $101,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,686,278
For more financial information, click here
Official website here: www.feitian.edu
What is the mission statement of Fei Tian College?
Fei Tian College is dedicated to delivering exceptional post-secondary education that equips students with professional skills and knowledge, fosters an appreciation for classical virtues, and readies them for a lifetime of learning. The institution offers education in classical Chinese dance and East-West music, as well as general education courses in the liberal arts and sciences. Compensation for instruction and teaching materials and services are among the expenses associated with the college's educational function. In 2021, the institution received approximately $5.1 million in donated professional services and $2 million in donated use of facilities. Financial assistance in the form of scholarships, such as tuition waivers and scholarship stipends, is a priority for the college, with most students receiving full scholarships in the academic year. The college supported its mission of higher education and nurturing students' intellectual and moral virtues through various programs and services, including student activities and auxiliary services like dormitories.
Official website here: www.feitian.edu
Who is the CEO of Fei Tian College?
Joseph Zhao is the Principal Officer of Fei Tian College.
Official website here: www.feitian.edu
What is the revenue of Fei Tian College?
Fei Tian College's revenue in 2022 was $17,138,947.
Official website here: www.feitian.edu
Who are the executives of Fei Tian College and what are their salaries?
The average compensation at Fei Tian College during 2022 was $30,828. There are 58 employees and 26 volunteers at Fei Tian College.
Here are 11 key members and their salaries:
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- Compensation: $37,950
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Official website here: www.feitian.edu
Where can I find the form 990 for Fei Tian College?
Fei Tian College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.feitian.edu
Learn more at the official website: www.feitian.edu
Mission Statement of Fei Tian College
Fei Tian College, a renowned post-secondary institution, is dedicated to providing exceptional education that imparts knowledge and skills for professional success, fosters an appreciation of classical virtues, and prepares students for a lifetime of learning. The college achieves this mission through its primary program services, which include the instruction of classical Chinese dance and East-West music, as well as general education courses in the liberal arts and sciences.
The college's educational offerings extend beyond academic pursuits, with a significant emphasis on financial assistance for students. Scholarships, such as tuition waivers and scholarship stipends, are the primary means through which the college supports its student body. In fact, the majority of students received full scholarships during the 2021 academic year. The institution also received approximately $2 million in donated use of facilities that year.
Fei Tian College's commitment to higher education and the nurturing of intellectual and moral virtues in its students is evident in its program services. These services encompass the support of student activities and programming, as well as auxiliary services like dormitories. The college's dedication to its students extends beyond the classroom, ensuring they have the resources and opportunities needed to thrive academically and personally.
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Impact
October, 2024
Fei Tian College significantly impacts its students and the broader community by providing an exceptional postsecondary education that blends classical arts with rigorous academic disciplines. The college emphasizes knowledge and skills essential for professional success, fostering an appreciation for classical virtues while preparing students for lifelong learning.
Offering specialized programs in classical Chinese dance and East-West music, Fei Tian College nurtures artistic talents and cultural understanding among its students. Furthermore, the curriculum includes general education courses in the liberal arts and sciences, ensuring a well-rounded academic experience.
Financial assistance is a high priority, with most students benefiting from full scholarships, thereby reducing financial barriers to education. This support is complemented by significant donations in professional services and facilities, which enhance the educational environment and resources available to students.
Through its various programs and initiatives, including student activities and auxiliary services like dormitories, Fei Tian College cultivates both intellectual and moral virtues, contributing to the holistic development of its students and enriching the cultural landscape of its community in Cuddebackville, NY.
This information is meant to be a general summary of Fei Tian College. 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 2022.
- Investment Income: $3,069
- Program Service Revenue: $7,187,275
- Gross Receipts: $17,138,947
Assets and Liabilities:
- Total Assets: $23,027,384
- Total Liabilities: $488,508
- Net Assets: $22,538,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$6,623,240
ROOM AND BOARD
Revenue
$564,035
Organization Details
Founding Year
2011
Phone
(845) 672-0550Principal Officer
Joseph Zhao
Main Address
140 GALLEY HILL RD, CUDDEBACKVILLE, NY, 12729
Website
www.feitian.eduNTEE Category
Code: B42 - Education
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