Hua Sheng Academy Inc

Nonprofit profile at a glance

EIN
760690085
IRS 990-EZ coverage
2010–2020
Forms available
Form 990 2018, Form 990-EZ 2020
Location
Sugar Land, TX, USA
Phone
2816866789
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$59,375
Expenses
$59,179
Assets
$250,986
Liabilities
$365

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • Xiuyun Zheng (Board Member)
  • Huixia Pan (Director)
  • Yuan Yao (Board Member)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This organization's purpose is to cultivate Chinese language & culture in the greater Houston area to enhance the understanding & friendship between US and China. This organization engages in a variety of classes, with a heavier emphasis towards teaching.

What it reported doing in 2020

This organization's accomplishments are to cultivate Chinese language & culture in the greater Houston area to enhance the understanding & friendship between US and China. This organization engages in a variety of classes, with a heavier emphasis towards teaching Chinese language but also includes drawing and dancing lessons.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.3%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 4.24; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 10.1%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 38.1% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 12.2% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $59K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 5 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.

  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.