HUA SHENG ACADEMY INC

EIN: 760690085 501(c)(3)

SUGAR LAND, TX

Total Revenue
$179,182
Total Expenses
$201,597
Total Assets
$288,945
Net Assets
$275,049
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
TX
Principal Officer
GUOWEN WEI
Phone
2819037431
Tax Period
2018-01-01 to 2018-12-31

HUA SHENG ACADEMY INC, founded in 2001, is a small nonprofit that reported $179K in total revenue in fiscal year 2018. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $202K exceeded revenue, resulting in a 13% operating deficit.

Mission

OUR MISSION IS CULTIVATING THE CHINESE LANGUAGE & CULTURE CONTRIBUTING TO COMMUNITY OF GREATER HOUSTON AREA & ENHANCING THE UNDERSTANDING & FRIENDSHIP BETWEEN U.S. AND CHINA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $16,933
Program Service Revenue $156,756
Investment Income $2,157
Other Revenue $3,336
TOTAL REVENUE $179,182

Expense Breakdown

Grants Paid $0
Salaries & Benefits $94,338
Fundraising Expenses $0
Program Expenses $178,775
Other Expenses $107,259
TOTAL EXPENSES $201,597

Year-over-Year Comparison

2018 2017 Change
Revenue $179,182 $245,012 -0.3%
Expenses $201,597 $190,863 +0.1%
Net Income $-22,415 $54,149 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
N/A
Employees
54
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$13,063
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GUOWEN WEI SUNDAY PRINCIPAL 16.00
Officer
$4,838 $0 $4,838
YUAN YAO VICE PRINCIPAL 16.00
Officer
$2,144 $0 $2,144
BETTY YOU SATURDAY PRINCIPAL 16.00
Officer
$6,081 $0 $6,081
LORI LOU PARENT'S ASSOCIATION 10.00
Officer
$0 $0 $0
GLENN LU DIRECTOR 6.00
Director
$0 $0 $0
ZHENGYU ZHANG SECRETARY 16.00
Officer
$0 $0 $0
XIN LIN CHAIRMAN 10.00
Officer
$0 $0 $0
BINGLIN LI DIRECTOR 6.00
Director
$0 $0 $0
DAVID YUE DIRECTOR 6.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $179,182 $201,597 $288,945 $-22,415
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