Hua Xia South Chinese School Inc
Hua Xia South Chinese School Inc maintains stable operations with volunteer leadership and increasing assets, though liabilities have also grown.
EIN: 204013313 · Marlboro, NJ · NTEE: B990 · Updated: 2026-03-28
About Hua Xia South Chinese School Inc
Hua Xia South Chinese School Inc (EIN: 204013313) is a nonprofit organization based in Marlboro, NJ, classified under NTEE code B990. The organization reported total revenue of $279K and total assets of $613K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hua Xia South Chinese School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hua Xia South Chinese School Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Hua Xia South Chinese School Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hua Xia South Chinese School Inc's IRS 990 filings:
- Significant increase in liabilities over the past decade, from $41,130 in 2014 to $269,109 in 2023, which could indicate reliance on debt or other obligations.
Strengths
The following positive indicators were identified for Hua Xia South Chinese School Inc:
- Consistent 0% officer compensation across all filings, demonstrating strong volunteer leadership and efficient use of funds.
- Long history of consistent IRS 990 filings (13 filings), indicating good transparency and compliance.
- Gradual increase in assets over time, from $212,736 in 2014 to $416,638 in 2023, suggesting financial growth and stability.
- Expenses generally align with revenue, indicating funds are being utilized for current operations.
Frequently Asked Questions about Hua Xia South Chinese School Inc
Is Hua Xia South Chinese School Inc a good charity?
Based on the provided data, the organization appears to be a good charity, primarily due to its 0% officer compensation, indicating a strong commitment to volunteer leadership and directing funds towards its mission. Its consistent operations and asset growth also suggest stability.
What is the trend in the organization's liabilities?
The organization's liabilities have shown a significant upward trend, increasing from $41,130 in 2014 to $269,109 in 2023. This warrants further investigation into the nature of these liabilities.
How does the organization's revenue compare to its expenses?
Revenue and expenses have generally tracked closely over the years, with some periods showing a slight surplus (e.g., 2023: Revenue $162,680, Expenses $146,200) and others a slight deficit (e.g., 2022: Revenue $107,358, Expenses $153,465). This indicates a focus on operational spending rather than significant reserve building.
Filing History
IRS 990 filing history for Hua Xia South Chinese School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hua Xia South Chinese School Inc's revenue has grown by 41.6%, moving from $115K to $163K. Total assets increased by 116.7% over the same period, from $192K to $417K. Total functional expenses rose by 19%, from $123K to $146K. In its most recent filing year (2023), Hua Xia South Chinese School Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $269K in liabilities against $417K in assets (debt-to-asset ratio: 64.6%), resulting in net assets of $148K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $146K | $417K | $269K | — | — |
| 2022 | $107K | $153K | $405K | $274K | — | View 990 |
| 2021 | $96K | $118K | $400K | $223K | — | View 990 |
| 2020 | $192K | $159K | $399K | $200K | — | View 990 |
| 2019 | $172K | $170K | $426K | $260K | — | View 990 |
| 2018 | $168K | $166K | $380K | $217K | — | View 990 |
| 2017 | $178K | $177K | $336K | $173K | — | View 990 |
| 2016 | $162K | $168K | $314K | $154K | — | View 990 |
| 2015 | $198K | $130K | $297K | $57K | — | View 990 |
| 2014 | $126K | $118K | $213K | $41K | — | View 990 |
| 2013 | $137K | $140K | $289K | $125K | — | View 990 |
| 2012 | $138K | $128K | $204K | $8K | — | View 990 |
| 2011 | $115K | $123K | $192K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $146K, and assets of $417K (revenue +51.5% year-over-year).
- 2022: Revenue of $107K, expenses of $153K, and assets of $405K (revenue +12.2% year-over-year).
- 2021: Revenue of $96K, expenses of $118K, and assets of $400K (revenue -50.3% year-over-year).
- 2020: Revenue of $192K, expenses of $159K, and assets of $399K (revenue +11.7% year-over-year).
- 2019: Revenue of $172K, expenses of $170K, and assets of $426K (revenue +2.8% year-over-year).
- 2018: Revenue of $168K, expenses of $166K, and assets of $380K (revenue -5.6% year-over-year).
- 2017: Revenue of $178K, expenses of $177K, and assets of $336K (revenue +9.6% year-over-year).
- 2016: Revenue of $162K, expenses of $168K, and assets of $314K (revenue -18.2% year-over-year).
- 2015: Revenue of $198K, expenses of $130K, and assets of $297K (revenue +58.0% year-over-year).
- 2014: Revenue of $126K, expenses of $118K, and assets of $213K (revenue -8.6% year-over-year).
- 2013: Revenue of $137K, expenses of $140K, and assets of $289K (revenue -0.7% year-over-year).
- 2012: Revenue of $138K, expenses of $128K, and assets of $204K (revenue +20.4% year-over-year).
- 2011: Revenue of $115K, expenses of $123K, and assets of $192K.
Data Sources and Methodology
This transparency report for Hua Xia South Chinese School Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.