Huayuan Chinese Academy Inc
EIN: 320348012 · Germantown, MD · NTEE: A70
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $215K |
| Net Assets | $146K |
Is Huayuan Chinese Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Huayuan Chinese Academy Inc
Huayuan Chinese Academy Inc (EIN: 320348012) is a nonprofit organization based in Germantown, MD, classified under NTEE code A70. The organization reported total revenue of $136K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huayuan Chinese Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huayuan Chinese Academy Inc is a small nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $250K |
| Total Expenses | $215K |
| Surplus / Deficit | +$35K |
| Total Assets | $165K |
| Total Liabilities | $18K |
| Net Assets | $146K |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Huayuan Chinese Academy Inc reported a surplus of $35K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Huayuan Chinese Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.7% | +79.6% | +40.1% |
| 2022 | +4.3% | -33.6% | +98.6% |
| 2021 | +83.1% | +30.6% | -39.4% |
| 2020 | -67.4% | -53.7% | -24.4% |
| 2019 | +2.0% | +19.6% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Huayuan Chinese Academy Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Huayuan Chinese Academy Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Frequently Asked Questions about Huayuan Chinese Academy Inc
Is Huayuan Chinese Academy Inc a legitimate charity?
Huayuan Chinese Academy Inc (EIN: 320348012) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $136K. No red flags identified. Financial health grade: A.
How does Huayuan Chinese Academy Inc spend its money?
Huayuan Chinese Academy Inc reported $136K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Huayuan Chinese Academy Inc tax-deductible?
Huayuan Chinese Academy Inc is registered as a tax-exempt nonprofit (EIN: 320348012). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Huayuan Chinese Academy Inc located?
Huayuan Chinese Academy Inc is headquartered in Germantown, Maryland and files with the IRS under EIN 320348012. It is classified under NTEE code A70.
How many years of IRS 990 filings does Huayuan Chinese Academy Inc have?
Huayuan Chinese Academy 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 $136K in total revenue.
Filing History
IRS 990 filing history for Huayuan Chinese Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Huayuan Chinese Academy Inc's revenue has grown by 332.9%, moving from $58K to $250K. Total functional expenses rose by 266.1%, from $59K to $215K. In its most recent filing year (2023), Huayuan Chinese Academy Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $18K in liabilities against $165K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $146K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $250K | $215K | $165K | $18K | — | View 990 |
| 2022 | $174K | $120K | $117K | $4K | — | — |
| 2021 | $167K | $180K | $59K | $43 | — | View 990 |
| 2020 | $91K | $138K | $98K | $25K | — | — |
| 2019 | $279K | $298K | $129K | $9K | — | View 990 |
| 2018 | $273K | $249K | $140K | $0 | — | View 990 |
| 2017 | $227K | $249K | $116K | $0 | — | View 990 |
| 2016 | $211K | $205K | $138K | $0 | — | View 990 |
| 2015 | $262K | $260K | $132K | $0 | — | View 990 |
| 2014 | $287K | $260K | $118K | $41K | — | View 990 |
| 2013 | $229K | $191K | $56K | $7K | — | View 990 |
| 2012 | $134K | $122K | $11K | $0 | — | View 990 |
| 2011 | $58K | $59K | $0 | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $250K, expenses of $215K, and assets of $165K (revenue +43.7% year-over-year).
- 2022: Revenue of $174K, expenses of $120K, and assets of $117K (revenue +4.3% year-over-year).
- 2021: Revenue of $167K, expenses of $180K, and assets of $59K (revenue +83.1% year-over-year).
- 2020: Revenue of $91K, expenses of $138K, and assets of $98K (revenue -67.4% year-over-year).
- 2019: Revenue of $279K, expenses of $298K, and assets of $129K (revenue +2.0% year-over-year).
- 2018: Revenue of $273K, expenses of $249K, and assets of $140K (revenue +20.4% year-over-year).
- 2017: Revenue of $227K, expenses of $249K, and assets of $116K (revenue +7.5% year-over-year).
- 2016: Revenue of $211K, expenses of $205K, and assets of $138K (revenue -19.4% year-over-year).
- 2015: Revenue of $262K, expenses of $260K, and assets of $132K (revenue -8.9% year-over-year).
- 2014: Revenue of $287K, expenses of $260K, and assets of $118K (revenue +25.4% year-over-year).
- 2013: Revenue of $229K, expenses of $191K, and assets of $56K (revenue +71.4% year-over-year).
- 2012: Revenue of $134K, expenses of $122K, and assets of $11K (revenue +131.8% year-over-year).
- 2011: Revenue of $58K, expenses of $59K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huayuan Chinese Academy Inc:
Data Sources and Methodology
This transparency report for Huayuan Chinese Academy 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.