New Times Culture and Education Center Inc

Nonprofit profile at a glance

EIN
141966708
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2019
Location
Suwanee, GA, USA
Phone
4238003888
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$59,142
Expenses
$34,287
Assets
$47,193
Liabilities
$38,000

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

Leadership & pay

2 people listed

Executive titles in this filing

  • Steve Sun (CEO)

People named in this filing

  • Steve Sun (CEO)
  • Hongyan Fan (CFO)

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

Promote Classic Chinese Culture and Tradition, sell souvenirs designed by artists with traditional Chinese styles and heritage to the audience of Shen Yun performance show. Use income to support group study room rental and other programs.

What it reported doing in 2024

Promote Shen Yun show to advocate Chinese traditional culture and Value in Atlanta and other five cities. Run teaching program to teach children for Chinese Language and Chinese tradition besides regular school courses. Promote Gang Jing World, All-new digital platform free from Violent, Erotic, Criminal and harmful content. Online telling truth of Chinese Communist Party Transnational persecution against Falun Gong and Shen Yun etc.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 43
  • Transparency & Controls: 82
  • Sustainability: 65
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.2%; rating input score 34
  • Program expense ratio: 58.9%; rating input score 59

Transparency & Controls

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

Sustainability

  • Operating margin: 42%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 1.38; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.81; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0.7% per year; rating input score 0; 46th percentile among comparable filings
  • Revenue growth: 13.3% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: -13.3% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 34.2% of revenue deployed · 58.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $20K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.