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← CULTURE REGENERATION RESEARCH SOCIETY

Form 990 for tax year 2022

Filed by CULTURE REGENERATION RESEARCH SOCIETY.

Totals

Total revenue
$226,457
Total expenses
$160,952
Contributions and grants received
$226,179
Grants paid
$0
Program service revenue
$0
Investment income
$148
Other revenue
$130
Total assets, end of year
$532,998
Total liabilities, end of year
$1,013
Net assets or fund balances, end of year
$531,985
Program services expenses (Part IX)
$128,614
Management and general expenses
$24,515
Fundraising expenses
$7,823
Program service expenses (Part III)
$128,614

Program services were 79.9% 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.

  • 1f · All other contributions, gifts and grants

    $226,179

  • 3 · Investment income

    total $148 · unrelated business $148

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS

    total $130 · unrelated business $130

  • 11e · Other revenue, total

    $130

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $12,000 · management and general $12,000

  • 11c · Fees: accounting

    total $4,740 · management and general $4,740

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $589 · management and general $429 · fundraising $160

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $265 · fundraising $265

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $3,130 · management and general $3,130

  • 24a · Other expenses: CHURCH & HOSPITAL SUPPORT

    total $80,000 · program services $80,000

  • 24b · Other expenses: PUBLICATION SPONSORSHIP

    total $42,814 · program services $42,814

  • 24c · Other expenses: FUNDRAISING EXP

    total $7,046 · fundraising $7,046

  • 24d · Other expenses: COMMUNITY SERVICES

    total $5,800 · program services $5,800

  • 24e · All other expenses

    total $4,568 · management and general $4,216 · fundraising $352

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $77,102 · end of year $158,472

  • 2 · Savings and temporary cash investments

    beginning of year $389,378 · end of year $374,526

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    end of year $1,013

  • 29 · Capital stock, trust principal or current funds

    beginning of year $466,480 · end of year $531,985

Mission and programs · 2022

Mission

FORM 990, PART I, LINE 1 - WE ARE DEDICATED TO COMMUNITY SERVICES SUCH AS POVERTY RELIEF, CARING FOR THE UNDERPRIVILEGED AND THE SICK.OUR MAJOR ACTIVITIES INCLUDE PROVIDING EDUCATIONAL FUNDS TO THE NEEDY STUDENTS INTHE RURAL VILLAGES AND INNER CITIES.FORM 990, PART III, LINE 1 - ORGANIZATION MISSIONWE ARE DEDICATED TO COMMUNITY SERVICES SUCH AS POVERTY RELIEF, CARINGFOR THE UNDERPRIVILEGED AND THE SICK.OUR MAJOR ACTIVITIES INCLUDE PROVIDING EDUCATIONAL FUNDS FOR THE NEEDY STUDENTS INTHE RURAL VILLAGES AND INNER CITIES.FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESSTHE INFORMATIONAL RETURN IS PREPARED BY AN OUTSIDE TAX ACCOUNTANT AND IS REVIEWED BYTHE BOARD CHAIR PRIOR TO FILING.FORM 990, PART VI, LINE 15A - COMPENSATION REVIEW & APPROVAL PROCESS - CEO & TOP MANAGEMENTGUIDELINES FOR ALL COMPENSATIONS FOR CEO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT ARELISTED IN DETAILS IN CRRS USA BYLAWS. ANY REVISIONS WERE DISCUSSED AND APPROVED INBOARD MEETINGS AND DOCUMENTED IN BOARD MEETING MIN

Activities or mission (Part I)

FORM 990, PART I, LINE 1 - ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIESOUR VISION IS TO REGENERATE BOTH WESTERN AND CHINESE CULTURE BY EXCHANGING EACHOTHER'S NOBLE VALUES AND CLASSIC PHILOSOPHIES THROUGH ACADEMIC AND CULTURALMINISTRIES. WE ARE DEDICATED TO COMMUNITY SERVICES SUCH AS POVERTY RELIEF, CARING FORTHE UNDERPRIVILEGED AND THE SICK.OUR MAJOR ACTIVITIES INCLUDE PROVIDING EDUCATIONAL FUNDS FOR THE NEEDY STUDENTS INTHE RURAL VILLAGES AND INNER CITIES.FORM 990, PART III, LINE 1 - ORGANIZATION MISSIONOUR VISION IS TO REGENERATE BOTH WESTERN AND CHINESE CULTURE BY EXCHANGING EACHOTHER'S NOBLE VALUES AND CLASSIC PHILOSOPHIES THROUGH ACADEMIC AND CULTURALMINISTRIES. WE ARE DEDICATED TO COMMUNITY SERVICES SUCH AS POVERTY RELIEF, CARINGFOR THE UNDERPRIVILEGED AND THE SICK.OUR MAJOR ACTIVITIES INCLUDE PROVIDING EDUCATIONAL FUNDS FOR THE NEEDY STUDENTS INTHE RURAL VILLAGES AND INNER CITIES.FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESSTHE INFORMATIONAL RETURN IS PREPARED BY AN OU

  • PROVIDE SUPPORT IN BULIDING OF HOSPITAL IN SICHUAN, CHINA

    Expenses $80,000

  • CRRS USA TEAMS WITH CRRS TO SUPPORT PUBLICATION OF "CULTURAL CHINA" MAGAZINE FOR THE CHINESE UNIVERSITIES SCHOLARS.

    Expenses $42,814

  • Support Luke Services International Ministry

    Expenses $5,800

As filed on the 2022 return.

Listed in Part VII

  • Thomas In-Sing Leung

    Director

    Total calculated
    $0
    Hours/week
    3
  • Joseph Choi

    Director

    Total calculated
    $0
    Hours/week
    3
  • Vincent Law

    Treasurer

    Total calculated
    $0
    Hours/week
    3
  • Cindy Kwok

    Secretary

    Total calculated
    $0
    Hours/week
    3

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
2022
Filed
7 July 2023
IRS schema version
2022v5.0
Source object
202311919349301666

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