Huaxia Chinese Academy of Greater New York
Nonprofit profile at a glance
- EIN
- 460706392
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Purchase, NY, USA
- Phone
- 2033261534
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $553,959
- Expenses
- $448,098
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- Xiaochuan Yuan (Board of Director - Chair)
- Jiayong Xu (Board of Director)
- Liqun Zhang (Board of Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Huaxia chinese school of greater New York (hxgny), a non-profit organization, focuses on teaching the chinese language and promoting chinese culture. Our school is committed to educating students to be competent in listening, speaking, reading, and writing in chinese, as well as to have a good understanding of chinese culture.
What it reported doing in 2024
Huaxia chinese school of greater New York focuses on teaching the chinese language and promoting chinese culture. The school provides chinese language courses, culture classes, chinese as a second language courses, as well as adult culture classes. The school offers pre-k to grade 9 chinese classes and ap chinese to over 400 school-aged students. The school offers various culture classes such as chinese calligraphy, folk dance, martial art, chess, origami, water color, brush painting, etc. The school is currently using maliping meizhouhuayu as its textbooks.
Operating model
- Revenue model
- Earned-program. 86% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 70
- Accountability: 18
- Sustainability: 45
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.7%; rating input score 72
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 70%; rating input score 70; 0th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.1%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -3.3% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -4.4% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -2.1% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 71.7% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $448K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 18 of 20 current checks pass · 2 findings to review
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- 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 — Accountability: Governance controls: 4 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Moderate — Transparency & Controls: Assets line sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Liabilities line sum did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.