CRIMSON EDUCATION PROJECT INC

EIN: 921675432 501(c)(3) International Affairs

Cambridge, MA

Total Revenue
$244,543
Total Expenses
$297,425
Total Assets
$50,951
Net Assets
$50,951
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MA
Principal Officer
Yi Chen Li
Phone
5743411836
Tax Period
2025-01-01 to 2025-12-31

CRIMSON EDUCATION PROJECT INC, founded in 2023, is a small nonprofit in the International Affairs sector that reported $245K in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $297K exceeded revenue, resulting in a 22% operating deficit.

Mission

CEP seeks to promote the exchange of ideas and opportunities between students at Harvard College and in China through a series of cross-cultural exchange programs it organizes each year. CEP seeks to enrich the education of Chinese youth with the liberal arts education style at Harvard, as well as enrich the cultural understanding of China at Harvard.

Program Service Accomplishments

Program 1
Expenses: $7,692 Revenue: $33,232

China Thinks Big (CTB) is a social entrepreneurship conference for Chinese high school students. The participants select a prominent social issue in China that their community faces, and devise an...

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China Thinks Big (CTB) is a social entrepreneurship conference for Chinese high school students. The participants select a prominent social issue in China that their community faces, and devise an innovative solution th tackle that issue in their local communities. Each team's work is judged by business executives, local leaders, academic figures, as well as Harvard undergraduates.

Program 2
Expenses: $274,772 Revenue: $143,944

Harvard College Summit for Young Leaders in China (HSYLC) enables Harvard students to teach seminars on topics of their own choosing to top high school students in China. The conference aims to...

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Harvard College Summit for Young Leaders in China (HSYLC) enables Harvard students to teach seminars on topics of their own choosing to top high school students in China. The conference aims to simulate a Harvard educational experience with liberal arts education styles, extra-curricular activities, and renowned guest speakers. The conference lasts one week, and is our flagship program.

Program 3
Expenses: $7,348 Revenue: $33,240

The Business Pioneer Challenge (BPC) is the first young analysts case competition conference in collaboration with officials materials provided by Harvard Business Publishing (HBP). The BPC Youth...

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The Business Pioneer Challenge (BPC) is the first young analysts case competition conference in collaboration with officials materials provided by Harvard Business Publishing (HBP). The BPC Youth Business Case Analysis Challenge allows students to study business management, economics, and strategic thinking.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $244,543
Investment Income $0
Other Revenue $0
TOTAL REVENUE $244,543

Expense Breakdown

Grants Paid $255,256
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $297,425
Other Expenses $42,169
TOTAL EXPENSES $297,425

Year-over-Year Comparison

2025 2024 Change
Revenue $244,543 $310,158 -0.2%
Expenses $297,425 $291,037 +0.0%
Net Income $-52,882 $19,121 -3.8%
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
20
Independent Members
20
Employees
N/A
Volunteers
50

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
18
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Yi Chen Li Co-President 15
Director
$0 $0 $0
Alisa Zhou Co-President 15
Director
$0 $0 $0
Lily Song HSYLC Director 10
Officer
$0 $0 $0
Jialin Chen HSYLC Director 10
Officer
$0 $0 $0
David Dickson HSYLC Director 10
Officer
$0 $0 $0
Alex Gong CTB Director 10
Officer
$0 $0 $0
Baochan Fan CTB Director 10
Officer
$0 $0 $0
Lily Peng CTB Director 10
Officer
$0 $0 $0
Jenna Jiang BPC Director 10
Officer
$0 $0 $0
Gloria Espinosa HXWeek & Dean's List Director 10
Officer
$0 $0 $0
Chanel Cao HXWeek & Dean's List Director 10
Officer
$0 $0 $0
Olivia Kim YSA Director 10
Officer
$0 $0 $0
Chloe Manilay Community Director 10
Officer
$0 $0 $0
Yi Yan Community Director 10
Officer
$0 $0 $0
Helaine Zhao Social Media Director 10
Officer
$0 $0 $0
Charles Zhou Technology Director 10
Officer
$0 $0 $0
Mia Cadsby Technology Director 10
Officer
$0 $0 $0
Fujia Sun Marketing Director 10
Officer
$0 $0 $0
Michelle Hua Finance Director 10
Officer
$0 $0 $0
Dani Kobrick Professional Development Director 10
Officer
$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
2025 $244,543 $297,425 $50,951 $-52,882
2024 $310,158 $291,037 $103,833 $19,121
2023 $291,000 $311,989 $84,712 $-20,989
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