Huaxia Chinese School At Montgomery Inc
Huaxia Chinese School At Montgomery Inc maintains stable finances with consistent surpluses and no officer compensation.
EIN: 203680518 · Skillman, NJ · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $154K |
| Total Expenses | $162K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $85,129 |
| Net Assets | $161K |
| Transparency Score | 92/100 |
Is Huaxia Chinese School At Montgomery Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Huaxia Chinese School At Montgomery Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Huaxia Chinese School At Montgomery Inc
Huaxia Chinese School At Montgomery Inc (EIN: 203680518) is a nonprofit organization based in Skillman, NJ, classified under NTEE code B24. The organization reported total revenue of $154K and total assets of $172K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huaxia Chinese School At Montgomery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huaxia Chinese School At Montgomery Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $162K |
| Surplus / Deficit | +$27K |
| Total Assets | $182K |
| Total Liabilities | $21K |
| Net Assets | $161K |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, Huaxia Chinese School At Montgomery Inc reported a surplus of $27K with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Huaxia Chinese School At Montgomery Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.1% | +19.8% | +15.1% |
| 2022 | +90.7% | +46.6% | +2.5% |
| 2021 | -63.5% | -55.6% | +3.9% |
| 2020 | +3.0% | -4.3% | +41.0% |
| 2019 | +19.2% | +15.4% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Huaxia Chinese School At Montgomery Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Huaxia Chinese School At Montgomery Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with revenues ranging from $85,129 to $233,053.
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 Montgomery Inc:
- Consistent financial surpluses, indicating sustainable operations (e.g., $188,541 revenue vs. $161,555 expenses in 2023).
- Zero officer compensation across all reported periods, suggesting a strong volunteer commitment and efficient use of funds.
- Steady growth in assets from $67,504 in 2014 to $181,801 in 2023, enhancing long-term stability.
- Manageable liabilities relative to assets, indicating low financial risk (e.g., $21,020 liabilities vs. $181,801 assets in 2023).
Frequently Asked Questions about Huaxia Chinese School At Montgomery Inc
Is Huaxia Chinese School At Montgomery Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Huaxia Chinese School At Montgomery Inc (EIN: 203680518) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Huaxia Chinese School At Montgomery Inc spend its money?
Huaxia Chinese School At Montgomery Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Huaxia Chinese School At Montgomery Inc tax-deductible?
Huaxia Chinese School At Montgomery Inc is registered as a tax-exempt nonprofit (EIN: 203680518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Huaxia Chinese School At Montgomery Inc CEO make?
Huaxia Chinese School At Montgomery Inc's highest-compensated officer earns $85,129 annually. The organization reported $154K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Huaxia Chinese School At Montgomery Inc's spending goes to programs?
Huaxia Chinese School At Montgomery Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Huaxia Chinese School At Montgomery Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Huaxia Chinese School At Montgomery Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Huaxia Chinese School At Montgomery Inc located?
Huaxia Chinese School At Montgomery Inc is headquartered in Skillman, New Jersey and files with the IRS under EIN 203680518. It is classified under NTEE code B24.
How many years of IRS 990 filings does Huaxia Chinese School At Montgomery Inc have?
Huaxia Chinese School At Montgomery Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $154K in total revenue.
Is Huaxia Chinese School At Montgomery Inc a good charity?
Based on the provided financial data, Huaxia Chinese School At Montgomery Inc appears to be a well-managed and efficient organization. Its consistent surpluses, growing assets, and zero officer compensation are strong indicators of financial health and dedication to its mission.
How has the organization's financial health changed over the last decade?
The organization's financial health has steadily improved over the last decade. Assets have grown from $67,504 in 2014 to $181,801 in 2023, and it has generally maintained a positive net income, indicating sustainable operations.
What is the trend in revenue and expenses?
Revenue and expenses have generally shown an upward trend, with some fluctuations. For example, revenue peaked at $233,053 in 2020 and was $188,541 in 2023, while expenses were $207,334 and $161,555 respectively in those years. The organization consistently manages to keep expenses below revenue in most periods.
Filing History
IRS 990 filing history for Huaxia Chinese School At Montgomery Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Huaxia Chinese School At Montgomery Inc's revenue has declined by 3%, moving from $194K to $189K. Total assets increased by 155.8% over the same period, from $71K to $182K. Total functional expenses fell by 15.7%, from $192K to $162K. In its most recent filing year (2023), Huaxia Chinese School At Montgomery Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $21K in liabilities against $182K in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $161K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $162K | $182K | $21K | — | View 990 |
| 2022 | $162K | $135K | $158K | $24K | — | View 990 |
| 2021 | $85K | $92K | $154K | $48K | — | View 990 |
| 2020 | $233K | $207K | $148K | $35K | — | View 990 |
| 2019 | $226K | $217K | $105K | $18K | — | View 990 |
| 2018 | $190K | $188K | $93K | $15K | — | View 990 |
| 2017 | $175K | $172K | $94K | $19K | — | View 990 |
| 2016 | $171K | $170K | $92K | $20K | — | View 990 |
| 2015 | $162K | $156K | $76K | $5K | — | View 990 |
| 2014 | $141K | $140K | $68K | $3K | — | View 990 |
| 2013 | $174K | $174K | $65K | $1K | — | View 990 |
| 2012 | $189K | $188K | $65K | $1K | — | View 990 |
| 2011 | $194K | $192K | $71K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $162K, and assets of $182K (revenue +16.1% year-over-year).
- 2022: Revenue of $162K, expenses of $135K, and assets of $158K (revenue +90.7% year-over-year).
- 2021: Revenue of $85K, expenses of $92K, and assets of $154K (revenue -63.5% year-over-year).
- 2020: Revenue of $233K, expenses of $207K, and assets of $148K (revenue +3.0% year-over-year).
- 2019: Revenue of $226K, expenses of $217K, and assets of $105K (revenue +19.2% year-over-year).
- 2018: Revenue of $190K, expenses of $188K, and assets of $93K (revenue +8.5% year-over-year).
- 2017: Revenue of $175K, expenses of $172K, and assets of $94K (revenue +2.5% year-over-year).
- 2016: Revenue of $171K, expenses of $170K, and assets of $92K (revenue +5.2% year-over-year).
- 2015: Revenue of $162K, expenses of $156K, and assets of $76K (revenue +15.2% year-over-year).
- 2014: Revenue of $141K, expenses of $140K, and assets of $68K (revenue -19.1% year-over-year).
- 2013: Revenue of $174K, expenses of $174K, and assets of $65K (revenue -7.9% year-over-year).
- 2012: Revenue of $189K, expenses of $188K, and assets of $65K (revenue -2.8% year-over-year).
- 2011: Revenue of $194K, expenses of $192K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huaxia Chinese School At Montgomery Inc:
Data Sources and Methodology
This transparency report for Huaxia Chinese School At Montgomery 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.