Chinese Center of Toledo

Nonprofit profile at a glance

EIN
262370886
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024, Form 990-N 2019
Location
Toledo, OH, USA
Phone
4192713635
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Humanities Organizations

Official website

Reported finances

Revenue
$56,395
Expenses
$46,186
Assets
$69,293
Liabilities
$1,747

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • XIA LIU (BOARD PRESIDENT)

People named in this filing

  • XIAOZHONG ZHANG (PRINCIPAL)
  • Yuan Southworth (VICE PRINCIPAL)
  • XIA LIU (BOARD PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of chinese center of toledo shall be exclusively education and charitable within the meaning of section 501c(3) of the internal revenue code, including studying the chinese language, promoting the understanding of chinese culture and provideing a network of support among individuals or organizations having a common interest in the chinese culture heritage.

What it reported doing in 2024

Chinese center of toledo aims to pormote chinese language literacy and enrich cultural diversity within our comminuity. During this current fisical year chinese center of toledo kept to offer chinese language programs and enrichment program to about 50 students. In addtion to language programs, we offers a variety of activity classes of culture enrichment for the students including the chinese brush painting, arts & craft. The center is run by a group of dedicated volunteers and supported by the families within the local community.

Operating model

Revenue model
Earned-program. 82% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 18.1%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 1.5; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 10.1%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -16.4% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.