Overview
What is Raleigh Academy Of Chinese Language?
Raleigh Academy of Chinese Language (RACL) is a nonprofit organization situated in the Triangle area of North Carolina. Its primary focus is on educating around 350 students, spanning from K-10 and adult learners, in the Chinese language. Beyond linguistic instruction, RACL also delves into the rich history and culture of China, fostering a sense of camaraderie among individuals from diverse backgrounds. The organization offers a comprehensive program that includes both language and activity classes, such as dancing, art, chess, and math, to ensure a holistic learning experience. RACL actively participates in the local community, aiming to promote cultural awareness and friendship through various activities and events.
Official website here: www.racl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating indicates a good level of accountability and financial health for the Raleigh Academy Of Chinese Language, with a strong emphasis on its management practices. The organization achieved a perfect score in areas such as having a majority of independent board members and maintaining a low liabilities to assets ratio.
Strengths include a high program expense ratio, which suggests that all of its expenses are directed towards its mission-related activities. The organization has also demonstrated effective governance by documenting board meeting minutes and avoiding any material diversion of assets. However, the lack of certain policies, such as conflict of interest, whistleblower, and document retention policies, has impacted the overall score.
While the accountability and finance score is solid, the absence of critical governance policies suggests there is room for improvement. Strengthening these areas could enhance the organization’s transparency and stakeholder trust. Overall, Raleigh Academy Of Chinese Language is performing adequately but should work on enhancing its governance policies to achieve a higher rating.
This AI summary has been generated from information found on Charity Navigator.
Is Raleigh Academy Of Chinese Language legitimate?
Raleigh Academy Of Chinese Language is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raleigh Academy Of Chinese Language 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: $102,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.racl.org
What is the mission statement of Raleigh Academy Of Chinese Language?
The Raleigh Academy of Chinese Language (RACL) aims to promote the Chinese language and foster a better understanding of Chinese and Oriental culture among individuals from diverse backgrounds within the community. This is achieved through conducting Saturday classes for students from K-10, as well as adult learners, offering supplementary activity classes in subjects like dancing, art, chess, and math. RACL also organizes Chinese culture-oriented events and actively participates in community activities, striving to build friendships among its members.
Official website here: www.racl.org
Who is the CEO of Raleigh Academy Of Chinese Language?
Wenzhi Li is the Principal of Raleigh Academy Of Chinese Language.
Official website here: www.racl.org
What is the revenue of Raleigh Academy Of Chinese Language?
Raleigh Academy Of Chinese Language's revenue in 2022 was $143,588.
Official website here: www.racl.org
Who are the executives of Raleigh Academy Of Chinese Language and what are their salaries?
There 100 volunteers at Raleigh Academy Of Chinese Language.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.racl.org
Where can I find the form 990 for Raleigh Academy Of Chinese Language?
Raleigh Academy Of Chinese Language's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.racl.org
Learn more at the official website: www.racl.org
Mission Statement of Raleigh Academy Of Chinese Language
Raleigh Academy of Chinese Language (RACL) is a nonprofit organization dedicated to promoting the Chinese language and fostering a better understanding of Chinese culture and history within their community. Their primary mission is to teach Chinese to students ranging from Kindergarten to 10th grade, as well as offering classes for adults. Beyond language instruction, RACL also organizes activity classes in various subjects such as dancing, art, chess, and math, all with the aim of enriching the learning experience for its students.
In addition to its educational programs, RACL strives to bridge cultural divides by fostering friendship among individuals from diverse backgrounds in the Triangle area of North Carolina. They achieve this through conducting Saturday classes throughout the school year, sponsoring Chinese culture-oriented activities, and actively participating in community events. By doing so, RACL not only contributes to the preservation and promotion of Chinese language and culture but also fosters a sense of unity and understanding within its community.
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Impact
October, 2024
Raleigh Academy of Chinese Language has significantly enriched the cultural and educational landscape of the Triangle area in North Carolina. With around 350 students enrolled in K-10 and adult classes, RACL promotes the Chinese language while fostering an appreciation for Oriental history and culture. The academy's vibrant Saturday classes provide a unique opportunity for diverse community members to engage with and understand Chinese cultural traditions, enhancing cross-cultural friendships and understanding.
Beyond language instruction, RACL offers a range of activity classes, including dancing, art, chess, and math, which cater to various interests and help students develop a well-rounded skill set. This multifaceted approach not only equips students with language skills but also encourages creativity, critical thinking, and social interaction among peers from different backgrounds.
Through its commitment to education and cultural exchange, Raleigh Academy of Chinese Language plays a crucial role in building a sense of community, fostering mutual respect, and promoting diversity within the region, making it a valuable asset to the local population.
This information is meant to be a general summary of Raleigh Academy Of Chinese Language. 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: $87
- Program Service Revenue: $127,786
- Gross Receipts: $143,588
Assets and Liabilities:
- Total Assets: $424,255
- Total Liabilities: $0
- Net Assets: $424,255
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
tuition, registration, and fees
Revenue
$127,786
Organization Details
Founding Year
1995
Phone
(919) 744-8665Principal Officer
Wenzhi Li
Main Address
PO Box 50375, Raleigh, NC, 27650
Website
www.racl.orgNTEE Category
Code: B26Z - Education
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