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Cary Chinese School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582669269 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Cary Chinese School?

Cary Chinese School, situated in Raleigh, North Carolina, serves as an educational institution for children with an interest in the Chinese language and culture. With a strong team of 108 dedicated individuals, the school offers weekend classes for students ranging from Pre-K to 8th grade. The curriculum is designed to foster a deeper understanding of the Chinese language, complemented by authentic activities that immerse students in the rich culture. The school's mission is centered around providing a nurturing environment where children can develop a strong foundation in the Chinese language, while also gaining valuable insights into its unique traditions and practices.


Official website here: www.carycs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70%, earning it a Two-Star out of Four Star rating. This rating indicates a moderate level of accountability and financial health within Cary Chinese School. The organization has demonstrated a commitment to certain governance practices, as evidenced by its policies related to conflict of interest, whistleblowing, and document retention, which are all in place and align with best practices.

However, the nonprofit faces challenges particularly in board independence and financial reporting. With only 28% of its board members being independent and a lack of financial statements available for public review, the organization has room for improvement in transparency and governance. These factors contributed to its lower scores in these categories, which significantly impacted its overall rating.

On a positive note, Cary Chinese School excels in program expense management, with a 100% program expense ratio. This indicates that all its expenses are directed towards its mission-driven programs, showcasing its dedication to serving its community. Despite the limitations noted in governance and financial transparency, the organization appears to be effectively using its resources to fulfill its educational objectives.


This AI summary has been generated from information found on Charity Navigator.

Is Cary Chinese School legitimate?

Cary Chinese School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cary 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: $134,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,153

For more financial information, click here


Official website here: www.carycs.org

What is the mission statement of Cary Chinese School?

The Cary Chinese School, as a mission, offers weekend Chinese language courses to students from Pre-K to 8th grade. The primary objective of this organization is to help students develop a better understanding of the Chinese language and its culture. Through these courses, students are provided with an opportunity to engage in authentic activities, thereby enhancing their linguistic skills and cultural awareness. By participating in the Cary Chinese School, students can broaden their horizons and gain a deeper appreciation for the Chinese language and culture.


Official website here: www.carycs.org

Who is the CEO of Cary Chinese School?

Jeff Wang is the Chairman of Cary Chinese School.


Official website here: www.carycs.org

What is the revenue of Cary Chinese School?

Cary Chinese School's revenue in 2022 was $673,936.


Official website here: www.carycs.org

Who are the executives of Cary Chinese School and what are their salaries?

The average compensation at Cary Chinese School during 2022 was $3,331. There are 108 employees and 150 volunteers at Cary Chinese School.


Here are 9 key members and their salaries:


Yuan Wang (Chairman)
  • Compensation: $52,477
  • Related: $6,000
  • Other: $0
Chunhui He (Principle)
  • Compensation: $21,100
  • Related: $0
  • Other: $0
Xinrong Jiang (Trustee And Assistant Treasurer)
  • Compensation: $16,400
  • Related: $0
  • Other: $0
Shengrong Ye (Trustee)
  • Compensation: $13,888
  • Related: $0
  • Other: $0
Wenji Zhao (Trustee)
  • Compensation: $9,925
  • Related: $0
  • Other: $0
Xiaozhen Yu (Trustee)
  • Compensation: $8,964
  • Related: $0
  • Other: $0
Yaling Xiong (Turstee)
  • Compensation: $8,342
  • Related: $0
  • Other: $0
Wenjun Bao (Turstee And Treasurer)
  • Compensation: $3,500
  • Related: $0
  • Other: $0
Jeff Wang (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.carycs.org

Where can I find the form 990 for Cary Chinese School?

Cary Chinese School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carycs.org

Learn more at the official website: www.carycs.org

Mission Statement of Cary Chinese School

Cary Chinese School, as a nonprofit organization, is dedicated to providing weekend Chinese language courses for students ranging from Pre-K to 8th grade. By offering these courses, the school aims to foster a deeper understanding of the Chinese language and its culture among its students. Through these classes, students will not only enhance their linguistic skills but also gain a more authentic appreciation for Chinese traditions and customs. The school's mission is to nurture the interest of young learners in the Chinese language, providing them with a comprehensive and engaging educational experience.

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Impact




July, 2024

Cary Chinese School's impact lies in providing weekend Chinese language courses to students from Pre-K to 8th grade. By offering authentic activities and immersive learning experiences, this organization helps students better understand the Chinese language and culture. This initiative not only fosters language skills but also promotes cultural appreciation and cross-cultural communication, ultimately contributing to a more interconnected and diverse community in Raleigh, North Carolina.




This information is meant to be a general summary of Cary 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.

Revenue
$673,936 (2022)
Expenses
$614,920 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $25
  • Program Service Revenue: $670,136
  • Gross Receipts: $673,936

Assets and Liabilities:

  • Total Assets: $732,934
  • Total Liabilities: $30,767
  • Net Assets: $702,167

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

School Program

Revenue

$670,136

Organization Details

Founding Year

2003

Principal Officer

Jeff Wang

Main Address

7424 CHAPEL HILL RD STE 204, Raleigh, NC, 27607

NTEE Category

Code: A23 - Arts

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