Overview
What is Wisdom Culture & Education Organization?
The Wisdom Culture & Education Organization, based in San Jose, California, is a nonprofit institution that offers K-12 after-school programs, catering to approximately 90 students. Their primary mission is to provide children and their families with exceptional educational opportunities, with a special focus on nurturing proficiency in the Chinese language and promoting an understanding of Chinese culture. The organization operates out of 186 E Gish Road, providing both in-person and online classes that encompass subjects such as English, mathematics, science, and arts. With a dedicated workforce of two individuals, Wisdom Culture & Education Organization strives to equip students with a well-rounded educational foundation.
Official website here: www.wceo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
The Wisdom Culture & Education Organization has received a low rating of 39%, which translates to a Zero-Star out of Four Star rating. This score reflects significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about oversight and governance. Furthermore, it lacks several key policies, such as conflict of interest and whistleblower protections, which are critical for maintaining transparency and trust.
On a more positive note, the organization has demonstrated some strengths, including a low liabilities to assets ratio of 0.57%, indicating a manageable level of debt. Additionally, it has maintained a program expense ratio of 56.30%, suggesting that more than half of its expenditures are directed toward its programs, although this score is below optimal standards in the sector.
Despite these strengths, the absence of crucial financial documents and policies represents a significant limitation. The lack of board meeting minutes and independent oversight could hinder effective decision-making and accountability. Overall, while the organization is active in its mission, its governance and financial transparency require substantial improvement to instill confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Wisdom Culture & Education Organization legitimate?
Wisdom Culture & Education Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisdom Culture & Education Organization 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: $83,907
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,880
For more financial information, click here
Official website here: www.wceo.org
What is the mission statement of Wisdom Culture & Education Organization?
The Wisdom Culture & Education Organization's mission is centered around offering children and their parents exceptional educational opportunities, with a particular focus on the Chinese language and culture. The organization strives to achieve this aim by providing K-12 classes as part of its after-school programs, which encompass various subjects such as Chinese, English, Mathematics, Science, and Arts. The student body, which includes both in-person and online learners, currently numbers around 90 individuals.
Official website here: www.wceo.org
Who is the CEO of Wisdom Culture & Education Organization?
Mei-Chih Tsai is the Secretary of Wisdom Culture & Education Organization. The CEO's salary of Wisdom Culture & Education Organization is $0 and their total compensation is $0.
Official website here: www.wceo.org
What is the revenue of Wisdom Culture & Education Organization?
Wisdom Culture & Education Organization's revenue in 2022 was $932,398.
Official website here: www.wceo.org
Who are the executives of Wisdom Culture & Education Organization and what are their salaries?
The average compensation at Wisdom Culture & Education Organization during 2022 was $46,894. There are 2 employees at Wisdom Culture & Education Organization.
Here are 2 key members and their salaries (Wisdom Culture & Education Organization's CEO's salary is $0 and their total compensation is $0):
- Compensation: $83,907
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wceo.org
Where can I find the form 990 for Wisdom Culture & Education Organization?
Wisdom Culture & Education Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wceo.org
Learn more at the official website: www.wceo.org
Mission Statement of Wisdom Culture & Education Organization
Wisdom Culture & Education Organization is dedicated to offering top-tier educational opportunities for children and their parents, with a particular focus on nurturing proficiency in the Chinese language and understanding of Chinese culture. The organization's mission is to provide an enriching educational environment that goes beyond the traditional curriculum, including subjects such as Chinese, English, Math, Science, and Arts. The organization serves around 90 students, offering these opportunities through after-school programs. By emphasizing Chinese language and culture, Wisdom Culture & Education Organization aims to provide a unique and valuable educational experience for its students.
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Impact
July, 2024
Wisdom Culture & Education Organization has a significant impact on the community by providing children and their parents with elite educational opportunities focused on Chinese language and culture. They offer a variety of K-12 classes in subjects like Chinese, English, Math, Science, and Arts for after-school programs. With around 90 students served, both in-person and online, in San Jose, California, the organization plays a crucial role in bridging cultural gaps and nurturing academic excellence among youth. Through their work, Wisdom Culture & Education Organization is helping to create a more culturally rich and educated future generation.
This information is meant to be a general summary of Wisdom Culture & Education Organization. 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: $3,244
- Program Service Revenue: $681,488
- Gross Receipts: $932,398
Assets and Liabilities:
- Total Assets: $2,166,683
- Total Liabilities: $12,775
- Net Assets: $2,153,908
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$681,488
Organization Details
Founding Year
2001
Phone
(510) 252-9226Principal Officer
Mei-Chih Tsai
Main Address
186 E Gish Road, San Jose, CA, 95112
Website
www.wceo.orgNTEE Category
Code: P30 - Human services
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