The Chinese Language School of Southern California EIN 95-3855803

The Chinese Language School of Southern California

EIN  95-3855803 Public charity (501(c)(3)) Culver City, CA
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Size
$100K–1M
What they do
Teaches Chinese language and culture to Los Angeles children affordably.
Leadership
Eve Wallace · Vp-Academic Aff · $5K
Money in and out
$231K revenue, $187K expenses
Bottom line
94% program efficiency

Teaches Chinese language and culture to Los Angeles children affordably. For fiscal year 2024 it reported $231K in revenue, $187K in expenses, and $623K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$231K
Pt VIII · Ln 12
Total expenses
$187K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $44K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
52.2mo
months of highly liquid reserves at operating expense rate▲ +46% vs prior filing year
Surplus margin
+19%
revenue over expenses, this year▲ +17% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$231K
FY2024▼ -15%
Expenses
$187K
FY2024▼ -18%
Total assets
$817K
FY2024▲ +19%
Total liabilities
$194K
FY2024▲ +83%
Total revenue
$231K
Pt VIII · Ln 12
Total expenses
$187K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$44K
Total assetsPt X · Ln 16$817K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $175K of program spending, described in the organization's own filed words · FY2024.
01

The teachings of the Chinese Language and Culture to children and adults in Los Angeles

$175Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Chinese Language School of Southern California
EINHdr · item D95-3855803
Principal addressHdr · item CCulver City, CA
WebsiteHdr · item Jwww.westsidechineseschool.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vp-Academic Aff
$5,021Pt VII · Sec A
PTA President
$4,649Pt VII · Sec A
Chair/Principal
$4,550Pt VII · Sec A
Teacher Rep
$3,694Pt VII · Sec A
Vp-Gen'l Affair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022
Eve Wallace$5,021
Ji - Ann Lee$4,649
Ching-Yi Wang$4,550
Esther Chyn$3,965
Hui Zhao$3,884
Mary Jaw$3,694
Molly Constantinescu$3,495
Stephanie Liu$3,410

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$213K · 92%
Investment income$21K · 9%
Program service revenue92%$213K
Investment income9%$21K
Contributions & grants$1K
Total revenueLn 12$231K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$175K
Management & general6%$12K
Total functional expensesLn 25$187K

Balance Sheet

Part X · end of year
CashLn 1$813K
Total assetsLn 16$817K
Total liabilitiesLn 26$194K
Total net assetsLn 32$623K
Months of cash on handcomputed52.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $813K · Operating expenses/yr $187K
52.2 months
Where the money goes
Program services
Program services $175K · Total expenses $187K
94%
Management & General
Management & general $12K · Total expenses $187K
6%
Fundraising
Fundraising $0 · Total expenses $187K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $231K
0%
Government reliance
Government grants — · Total revenue $231K
Earned-income share
Program service revenue $213K · Total revenue $231K
92%
Investment reliance
Investment income $21K · Total revenue $231K
+9%
Program self-sufficiency
Program service revenue $213K · Total expenses $187K
114%
Growth & trend
Revenue growth (YoY)
This year $231K · Prior year $271K
-15%
Revenue CAGR
FY2019 $173K · FY2024 $231K
+6%
Net-asset trend (YoY)
End of year $623K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $231K · Expenses $187K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $817K
Net-asset ratio
Net assets $623K · Total assets $817K
76%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $817K
0%
People & payroll
Highest Reported Total Compensation
Individual Eve Wallace · Reported title VP-ACADEMIC AFF · Highest reported compensation $5K · Total expenses $187K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $67K · Total expenses $187K
36%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Revenue growth -15%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$34

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$271K revenue · ⤓ 990 PDF
FY2023$169K revenue · ⤓ 990 PDF
FY2022$100K revenue · ⤓ 990 PDF
FY2021$118K revenue · ⤓ 990 PDF
FY2020$173K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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