Totals
- Total revenue
- $1,712,022
- Total expenses
- $1,663,380
- Contributions and grants received
- $832,581
- Grants paid
- $0
- Program service revenue
- $808,623
- Investment income
- $109,841
- Other revenue
- -$39,023
- Total assets, end of year
- $6,520,074
- Total liabilities, end of year
- $164,259
- Net assets or fund balances, end of year
- $6,355,815
- Program services expenses (Part IX)
- $997,686
- Management and general expenses
- $665,694
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $997,686
Program services were 60.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$208,958
-
1f · All other contributions, gifts and grants
$623,623
-
2a · Program service revenue: TUITION INCOME
total $808,623 · related or exempt $808,623
-
3 · Investment income
total $109,841 · excluded $109,841
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$208,958
-
8b · Fundraising events: direct expenses
$39,023
-
8c · Net income from fundraising events
total -$39,023 · excluded -$39,023
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,124,428 · program services $628,514 · management and general $495,914
-
10 · Payroll taxes
total $95,365 · program services $53,404 · management and general $41,961
-
11b · Fees: legal
total $5,325 · management and general $5,325
-
11c · Fees: accounting
total $26,220 · management and general $26,220
-
11f · Fees: investment management
total $15,447 · management and general $15,447
-
12 · Advertising and promotion
total $13,270 · management and general $13,270
-
13 · Office expenses
total $31,810 · management and general $31,810
-
17 · Travel
total $7,655 · management and general $7,655
-
22 · Depreciation, depletion and amortization
total $114,023 · program services $114,023
-
23 · Insurance
total $20,244 · management and general $20,244
-
24a · Other expenses: CONDO FEES
total $96,660 · program services $96,660
-
24b · Other expenses: UTILITIES
total $46,811 · program services $39,678 · management and general $7,133
-
24c · Other expenses: GRANT EXPENSES
total $34,921 · program services $34,921
-
24d · Other expenses: SCHOOL SUPPLIES AND MAT
total $30,486 · program services $30,486
-
24e · All other expenses
total $715 · management and general $715
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $198,988 · end of year $277,208
-
3 · Pledges and grants receivable
beginning of year $76,387 · end of year $132,004
-
9 · Prepaid expenses and deferred charges
beginning of year $7,397 · end of year $13,668
-
10a · Land, buildings and equipment: cost or other basis
$4,672,807
-
10b · Land, buildings and equipment: accumulated depreciation
$1,446,413
-
10c · Land, buildings and equipment, net
beginning of year $3,323,051 · end of year $3,226,394
-
11 · Investments: publicly traded securities
beginning of year $2,068,699 · end of year $2,385,406
-
12 · Investments: other securities
beginning of year $655,897 · end of year $485,394
-
17 · Accounts payable and accrued expenses
beginning of year $65,878 · end of year $39,259
-
19 · Deferred revenue
beginning of year $2,730 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $125,000 · end of year $125,000
-
27 · Net assets without donor restrictions
beginning of year $6,136,811 · end of year $6,353,998
-
28 · Net assets with donor restrictions
end of year $1,817
Mission and programs · 2024
Mission
TO RESPOND TO THE EXPRESSED NEEDS OF THE BOSTON CHINATOWN COMMUNITY TO PROVIDE CHILDREN WITH KNOWLEDGE OF THE CHINESE LANGUAGE AND CULTURE.
-
THE KWONG KOW CHINESE SCHOOL'S MISSION IS TO DISSEMINATE CHINESE LANGUAGE AND CULTURE TO CHINESE AND NON-CHINESE LEARNERS THROUGH FORMAL AND INFORMAL LEARNING OPPORTUNITIES. THE SCHOOL REALIZES ITS MISSION BY:-DELIVERING CHINESE LANGUAGE AND CULTURAL PROGRAMS THAT CAPTURE THE INTEREST OF EARLY CHILDHOOD, YOUTH AND ADULT LEARNERS.-PROMOTING CULTURAL PRIDE AND IDENTITY FOR STUDENTS OF CHINESE DESCENT WHILE HELPING THEM BECOME CONTRIBUTING MEMBERS OF SOCIETY.-ENCOURAGING HUMAN UNDERSTANDING FROMA LOCAL TO GLOBAL PERSPECTIVE THROGH EXPOSURE TO CHINESE CUTURE AND CHINESE AS A SECOND LANGUAGE.
Expenses $997,686 · Revenue $808,623
As filed on the 2024 return.
Listed in Part VII
-
Paul ChanPAUL CHAN
DIRECTOR (THROUGH APRIL 2025)
- Total calculated
- $0
- Hours/week
- 1
-
Stephen ChanSTEPHEN CHAN
TREASURER & DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
David ChinDAVID CHIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William D ChinWILLIAM D CHIN
DIRECTOR (THROUGH JANUARY 2025)
- Total calculated
- $0
- Hours/week
- 1
-
Lily ChuLILY CHU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cavay IpCAVAY IP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John LeungJOHN LEUNG
PRESIDENT & DIRECTOR (THROUGH AUGUST 2025)
- Total calculated
- $0
- Hours/week
- 3
-
Kwok Fai LuiKWOK FAI LUI
VICE CHAIR & DIRECTOR (THROUGH NOVEMBER 2025)
- Total calculated
- $0
- Hours/week
- 3
-
Irene RuanIRENE RUAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda SeeLINDA SEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Manyee TangMANYEE TANG
DIRECTOR (THROUGH MAY 2025)
- Total calculated
- $0
- Hours/week
- 1
-
Connie WongCONNIE WONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maria WongMARIA WONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Winston WongWINSTON WONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lina FikriLINA FIKRI
CLERK
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 June 2026
- IRS schema version
- 2024v5.5
- Source object
- 202631609349300628
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