Nonprofit · EIN 56-2043169
CHINESE ACADEMY INC
Tax-exempt · CHARLOTTE, NC 28271
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $163,935 | $152,266 | $11,669 | $212,278 | – | $212,278 |
| December 31, 2024 | 990-EZ | $155,714 | $128,337 | $27,377 | $200,609 | – | $200,609 |
| December 31, 2023 | 990-EZ | $152,153 | $138,730 | $13,423 | $173,232 | – | $173,232 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,369
- Program service revenue
- $160,566
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $89,385
- Occupancy
- $26,359
- Other expenses
- $36,522
- Program services (functional)
- $152,266
Balance sheet and other
- Total assets, start of year
- $200,609
- Total assets, end of year
- $212,278
- Total liabilities, end of year
- –
- Net assets, end of year
- $212,278
- Cash, savings and investments
- $212,278
- Gross receipts
- $163,935
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yingwu Teng | Principal | 5 | $0 |
| Qiang Chen | Board Member | 5 | $0 |
| Yang Liu | Board Member | 5 | $0 |
| Fenggang Yu | Chairman | 5 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yingwu Teng | Principal | 5 | $0 |
| Qiang Chen | Board Member | 5 | $0 |
| Yang Liu | Board Member | 5 | $0 |
| Fenggang Yu | Chairman | 5 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Yingwu Teng | Co-Principal | 5 | $0 |
| Qiang Chen | Co-Principal | 5 | $0 |
| Yang Liu | Chairman | 5 | $0 |
| Fenggang Yu | Chairman | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 78314, CHARLOTTE, NC 28271-7030
- In care of
- % SHASHA LIU
- Mailing address (990-N for 2019)
- PO Box 78314, Charlotte NC 28271
- Principal officer (990-N for 2019)
- Edward Yu, 5919 Woodleigh Oaks Drive, Charlotte NC 28226
- Signed the 990-EZ
- Yingwu Teng, Principal
Mission
Offer various classes about simplified Chinese and Pinyin for students overseas, as well as teach, share, and expand the Far-East culture in the Grand Charlotte area.
Program accomplishments
- Chinese ClassExpenses $106,586 · grants $112,396
- Activities ClassExpenses $45,680 · grants $48,170
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-2043169
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N500)
- Assets (IRS master file)
- $212,278
- Income (IRS master file)
- $163,935
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $163,935 | $152,266 | $212,278 | IRS |
| 990-EZ | December 2024 | $155,714 | $128,337 | $200,609 | IRS |
| 990-EZ | December 2023 | $152,153 | $138,730 | $173,232 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: Edward Yu | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2043169).
Questions about CHINESE ACADEMY INC
- What is the EIN of CHINESE ACADEMY INC?
- The employer identification number (EIN) of CHINESE ACADEMY INC is 56-2043169.
- Is CHINESE ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CHINESE ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHINESE ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHINESE ACADEMY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHINESE ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of CHINESE ACADEMY INC?
- The 990-N for 2019 names Edward Yu.
- Who are the officers and directors of CHINESE ACADEMY INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does CHINESE ACADEMY INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $163,935, expenses of $152,266 and total assets of $212,278 at year end.
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