Overview
What is Cornerstone Mandarin Center?
Cornerstone Mandarin Center, also known as Cornerstone Chinese Immersion School, is a nonprofit organization situated in San Jose, California. With a team of 17 dedicated individuals, their primary mission is to provide an enriching Mandarin program for local students from preschool to eighth grade. This program aims to enhance the linguistic skills of the community's youth, fostering cultural awareness and appreciation for Mandarin. Although specific details on their reach or the additional services they offer are not provided in the information, it is clear that Cornerstone Mandarin Center is committed to promoting Mandarin language education in their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Cornerstone Mandarin Center has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low in several key areas, including having no independent board members and missing essential financial documentation, which raises questions about governance and transparency.
Despite these issues, the center has achieved a perfect score for its program expense ratio, indicating that all reported expenses are directed towards its programs. However, without proper financial statements and key policies in place, such as conflict of interest and whistleblower policies, stakeholders may find it challenging to assess the organization's overall effectiveness and sustainability.
The salary of the President, Helen Wong, is reported at $115,000, but with the lack of financial transparency, it's difficult to evaluate the appropriateness of executive compensation in relation to the organization's performance. Overall, potential donors and supporters should exercise caution and seek further information regarding the organization's governance practices and financial health before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Cornerstone Mandarin Center legitimate?
Cornerstone Mandarin Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cornerstone Mandarin Center 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: $133,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $582,397
For more financial information, click here
What is the mission statement of Cornerstone Mandarin Center?
The Cornerstone Mandarin Center's mission is centered around providing a Mandarin enrichment program for local students in the pre-K to 8th grade age group. This mission is carried out through offering an educational program designed to enhance the Mandarin language skills of these students, thereby fostering cultural understanding and linguistic growth. The center aims to contribute to the students' overall development and preparation for a multilingual and interconnected world.
Who is the CEO of Cornerstone Mandarin Center?
Helen Wong is the President of Cornerstone Mandarin Center.
What is the revenue of Cornerstone Mandarin Center?
Cornerstone Mandarin Center's revenue in 2022 was $854,212.
Who are the executives of Cornerstone Mandarin Center and what are their salaries?
The average compensation at Cornerstone Mandarin Center during 2022 was $42,082. There are 17 employees at Cornerstone Mandarin Center.
There is 1 key member and their salary:
- Compensation: $133,000
- Related: $0
- Other: $0
Where can I find the form 990 for Cornerstone Mandarin Center?
Cornerstone Mandarin Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cornerstone Mandarin Center
Cornerstone Mandarin Center, a nonprofit organization, is dedicated to enriching the linguistic abilities of local students in prekindergarten through eighth grade. Its primary mission is to provide an immersive Mandarin language program, aiming to foster linguistic competence and cultural appreciation among the young learners. By offering this program, Cornerstone Mandarin Center seeks to equip the next generation with a valuable skill set and broaden their perspectives, fostering a more inclusive and interconnected global community.
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Impact
July, 2024
Cornerstone Mandarin Center has a significant impact on the San Jose community by providing a valuable Mandarin enrichment program for local PreK-8th grade students. This program helps students develop language skills, cultural awareness, and a global perspective. By offering this program, Cornerstone Mandarin Center contributes to the educational and personal growth of children in the area, preparing them for a multicultural world.
This information is meant to be a general summary of Cornerstone Mandarin Center. 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: $123
- Program Service Revenue: $854,089
- Gross Receipts: $854,212
Assets and Liabilities:
- Total Assets: $511,194
- Total Liabilities: $0
- Net Assets: $511,194
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANDARIN ENRICHMENT PROGRAM
Revenue
$854,089
Organization Details
Founding Year
2013
Phone
(650) 649-9666Principal Officer
Helen Wong
Main Address
6705 TRINDAD DR, SAN JOSE, CA, 95120
NTEE Category
Code: A99 - Arts
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