WINCHESTER SCHOOL OF CHINESE CULTURE INC

EIN: 830424270 501(c)(3) Arts, Culture & Humanities

Winchester, MA

Total Revenue
$496,526
Total Expenses
$483,231
Total Assets
$1,693,219
Net Assets
$570,655
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
Lian Yu
Phone
9782235051
Tax Period
2023-01-01 to 2023-12-31

WINCHESTER SCHOOL OF CHINESE CULTURE INC, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $497K in total revenue in fiscal year 2023.

Mission

The mission of the Winchester School of Chinese Culture is to teach the language and traditional culture of China through classroom instructions, the arts, and cultural events and to promote and engage in cultural exchanges and civic activities to develop and sustain community-school partnerships.

Program Service Accomplishments

Program 1
Expenses: $127,555 Revenue: $133,437

Chinese Language and Cultural Weekend Program: The company provides an opportunity and environment to learn Chinese language and Chinese culture for people from the communities and surrounding area...

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Chinese Language and Cultural Weekend Program: The company provides an opportunity and environment to learn Chinese language and Chinese culture for people from the communities and surrounding area. The program provides 42 Chinese language classes from preschool to adult. In 2023, the program offered regular Chinese language classes from January to the end of June and from September to December. This program serviced 550 students. Additionally, the program also provided 12 extra curricular and 5 bilingual courses, 2 English as Second Language courses. 6 math-Singapore courses, math competition course, and adult dance courses in 2023.

Program 2
Expenses: $305,308 Revenue: $251,699

After-School Programs and Chinese Tutoring: The company provides after-school programs in both Belmont and Newton locations separately. The after school program provided supervision, care and...

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After-School Programs and Chinese Tutoring: The company provides after-school programs in both Belmont and Newton locations separately. The after school program provided supervision, care and activities for school age children after the regular school day. Tutoring services are provided in mathmatics, English, and Chinese. The Company had regular childcare service included Chinese tutoring. The program follows the public school district calendar (Belmont or Newton) and is not open on those days that a given school system is closed, including announced snow days. In 2023, the program served 55 students at its Belmont facility and 25 students at its Newton facility.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $111,390
Program Service Revenue $385,136
Investment Income $0
Other Revenue $0
TOTAL REVENUE $496,526

Expense Breakdown

Grants Paid $0
Salaries & Benefits $193,268
Fundraising Expenses $0
Program Expenses $432,863
Other Expenses $289,963
TOTAL EXPENSES $483,231

Year-over-Year Comparison

2023 2022 Change
Revenue $496,526 $470,600 +0.1%
Expenses $483,231 $418,910 +0.2%
Net Income $13,295 $51,690 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
14
Volunteers
N/A

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lian Yu Chairperson 10
Director
$0 $0 $0
Yun Wang Clerk 20
Director
$0 $0 $0
YuYing Chen Treasurer 10
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
2024 No data No data No data No data
2023 $496,526 $483,231 $1,693,219 $13,295
2022 $470,600 $418,910 $1,304,372 $51,690
2021 $496,438 $472,939 $994,729 $23,499
2020 $491,663 $486,710 $883,617 $4,953
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