Skip to content
Nonprofiteer
← INHERIT INSTITUTE

Form 990 for tax year 2023

Filed by INHERIT INSTITUTE.

Totals

Total revenue
$87,864
Total expenses
$78,104
Contributions and grants received
$58,784
Grants paid
$33,500
Program service revenue
$29,080
Investment income
$0
Other revenue
$0
Total assets, end of year
$44,202
Total liabilities, end of year
$21,434
Net assets or fund balances, end of year
$22,768
Program services expenses (Part IX)
$59,933
Management and general expenses
$18,171
Fundraising expenses
$0
Program service expenses (Part III)
$59,933

Program services were 76.7% 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

    $58,784

  • 2a · Program service revenue: FAMILY CAMP

    total $29,080 · related or exempt $29,080

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $18,000 · program services $18,000

  • 2 · Grants to domestic individuals

    total $15,500 · program services $15,500

  • 11a · Fees: management

    total $1,578 · management and general $1,578

  • 11b · Fees: legal

    total $11,140 · management and general $11,140

  • 11g · Fees: other

    total $31,886 · program services $26,433 · management and general $5,453

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,008 · end of year $36,042

  • 4 · Accounts receivable

    end of year $8,160

  • 17 · Accounts payable and accrued expenses

    end of year $21,434

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $13,008 · end of year $22,768

Mission and programs · 2023

Mission

BY BRINGING TOGETHER CHRISTIAN SCHOLARS WITH LIKE MINDS, INHERIT INSTITUTE DEVOTES ITSELF TO THE PRESERVATION OF THEOLOGICAL AND INTELLECTUAL TREASURES FROM CALVINISM, PURITAN TRADITIONS, AND ANGLO-AMERICAN CONSERVATISM. INHERIT INSTITUTE NOT ONLY BRINGS ORIGINAL VIDEOS, COLUMNS, AND LECTURES TO THE CHINESE-SPEAKING CHRISTIANS AND CONSERVATIVE PUBLICS BUT ALSO ORGANIZES FORUMS AND SEMINARS TO PROMOTE COMMUNICATIONS BETWEEN CHRISTIANS AND CHURCHES.

  • HOSTING FAMILY CAMP ABOUT GODLY RELATIONSHIP WITH NON CHRISTIAN PEOPLE, SEEKING GOD GIVING GIFTS, HOW CAN YOUNG CHRISTIANS DEFEND THEIR FAITH IN COLLEGE, GRATEFUL FOR THE THINGS THAT GOD CREATED, AND HOW TO LIVE A CHRISTIAN LIFE IN A CHAOTIC WORLD.

    Expenses $26,433 · Revenue $29,080

  • SUPPORTING CHRISTIAN ORGANIZATIONS SUCH AS CHISTIAN CREATIVE COMMUNICATION CENTER. WE ALSO SUPPORT MISSIONARIES OR PASTORS. THE ORGANIZATION DOES NOT LIMIT ITSELF TO CHRISTIAN SOCIETY. IT ALSO ASSISTS EVENTS SUCH AS NATURAL DISASTER OR INDIVIDUALS IN NEED OF EMERGENCY HELP.

    Expenses $33,500 · Grants $33,500

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kaibin Fu

    OFFICER

    Total calculated
    $0
    Hours/week
    5

  • Ethan Wang

    OFFICER

    Total calculated
    $0
    Hours/week
    5

  • Le Chen

    OFFICER

    Total calculated
    $0
    Hours/week
    5

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

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349305295

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.