Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp

Huaxia Chinese School maintains stable finances with zero executive compensation.

EIN: 10853738 · Bridgewater, NJ · NTEE: B24 · Updated: 2026-03-27

$184KRevenue

$238KAssets

85/100Mission Score (Excellent)

B24

About Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp

Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp (EIN: 10853738) is a nonprofit organization based in Bridgewater, NJ, classified under NTEE code B24. The organization reported total revenue of $184K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp demonstrates consistent financial stability, maintaining assets significantly higher than liabilities across its filing history. For instance, in 2024, assets stood at $237,507 against liabilities of $7,167, indicating a strong financial position. The organization consistently reports zero officer compensation, which is a positive indicator of volunteer-driven leadership and efficient use of funds. While revenue and expenses fluctuate, the organization generally operates with a surplus or near break-even, as seen in 2024 with revenues of $184,351 and expenses of $156,194.

The organization's spending efficiency appears strong, particularly given the absence of reported executive compensation. This suggests that the majority of its operational costs are directed towards its programs. The consistent reporting of financial data over 14 filings also points to a good level of transparency. However, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely quantify spending efficiency, but the overall financial health appears sound.

Overall, Huaxia Chinese School At Bridgewater appears to be a well-managed nonprofit with a solid financial foundation and a commitment to its mission, evidenced by its consistent operations and lack of executive compensation. Its ability to maintain a healthy asset-to-liability ratio over many years further reinforces its financial prudence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp 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, Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp 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

Executive compensation is consistently reported as 0% across all available filings, indicating that leadership roles are likely filled by volunteers, which is highly efficient for an organization of this size with annual revenues around $150,000-$250,000.

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.

Strengths

The following positive indicators were identified for Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp:

Consistent zero executive compensation, indicating volunteer leadership.
Strong financial stability with assets significantly exceeding liabilities (e.g., $237,507 assets vs. $7,167 liabilities in 2024).
Long history of consistent IRS 990 filings (14 filings), demonstrating transparency.
Generally operates with a surplus or near break-even, showing fiscal responsibility.
Healthy net assets, indicating long-term sustainability.

Frequently Asked Questions about Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp

Is Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp a good charity?

Based on the available IRS 990 data, the organization appears to be a good charity. It consistently reports zero executive compensation, maintains a healthy asset-to-liability ratio (e.g., $237,507 in assets vs. $7,167 in liabilities in 2024), and has a long history of consistent operations.

How does the organization manage its finances?

The organization manages its finances prudently, consistently operating near break-even or with a surplus (e.g., $184,351 revenue vs. $156,194 expenses in 2024). It maintains significant assets relative to liabilities, indicating financial stability.

What is the trend in the organization's revenue and expenses?

Revenue and expenses have fluctuated over the years, with revenue ranging from $148,485 (2022) to $269,123 (2015) and expenses from $148,718 (2023) to $274,766 (2015). However, the organization generally manages to keep expenses in line with or below revenue.

Filing History

IRS 990 filing history for Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp's revenue has declined by 31.1%, moving from $268K to $184K. Total assets decreased by 21.3% over the same period, from $302K to $238K. Total functional expenses fell by 42%, from $269K to $156K. In its most recent filing year (2024), Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp reported a surplus of $28K, with revenue exceeding expenses. The organization holds $7K in liabilities against $238K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $230K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$184K	$156K	$238K	$7K	—	—
2023	$199K	$149K	$244K	$42K	—	View 990
2022	$148K	$168K	$264K	$112K	—	View 990
2021	$166K	$190K	$214K	$43K	—	View 990
2020	$255K	$217K	$247K	$51K	—	View 990
2019	$222K	$212K	$300K	$142K	—	View 990
2018	$206K	$207K	$289K	$142K	—	View 990
2017	$207K	$224K	$269K	$121K	—	View 990
2016	$252K	$253K	$270K	$105K	—	View 990
2015	$269K	$275K	$323K	$157K	—	View 990
2014	$299K	$283K	$363K	$191K	—	View 990
2013	$290K	$263K	$323K	$168K	—	View 990
2012	$290K	$257K	$326K	$198K	—	View 990
2011	$268K	$269K	$302K	$207K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $184K, expenses of $156K, and assets of $238K (revenue -7.4% year-over-year).
2023: Revenue of $199K, expenses of $149K, and assets of $244K (revenue +34.1% year-over-year).
2022: Revenue of $148K, expenses of $168K, and assets of $264K (revenue -10.4% year-over-year).
2021: Revenue of $166K, expenses of $190K, and assets of $214K (revenue -35.0% year-over-year).
2020: Revenue of $255K, expenses of $217K, and assets of $247K (revenue +15.0% year-over-year).
2019: Revenue of $222K, expenses of $212K, and assets of $300K (revenue +7.8% year-over-year).
2018: Revenue of $206K, expenses of $207K, and assets of $289K (revenue -0.6% year-over-year).
2017: Revenue of $207K, expenses of $224K, and assets of $269K (revenue -17.9% year-over-year).
2016: Revenue of $252K, expenses of $253K, and assets of $270K (revenue -6.3% year-over-year).
2015: Revenue of $269K, expenses of $275K, and assets of $323K (revenue -10.0% year-over-year).
2014: Revenue of $299K, expenses of $283K, and assets of $363K (revenue +3.1% year-over-year).
2013: Revenue of $290K, expenses of $263K, and assets of $323K (revenue +0.0% year-over-year).
2012: Revenue of $290K, expenses of $257K, and assets of $326K (revenue +8.4% year-over-year).
2011: Revenue of $268K, expenses of $269K, and assets of $302K.

Data Sources and Methodology

This transparency report for Huaxia Chinese School At Bridgewater A Nj Nonprofit Corp 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.