Nonprofit · EIN 58-2190391
RALEIGH ACADEMY OF CHINESE LANGUAGE
Tax-exempt · RALEIGH, NC 27650
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $323,734 | $251,499 | $72,235 | $518,545 | $0 | $518,545 |
| December 31, 2023 | 990 | $192,165 | $170,110 | $22,055 | $446,310 | $0 | $446,310 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $97,938
- Program service revenue
- $218,990
- Investment income
- $6,806
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $135,313
- Salaries, compensation and benefits (total)
- $135,313
- Professional fundraising fees
- $0
- Occupancy
- $35,602
- Program services (functional)
- $251,499
Balance sheet and other
- Total assets, start of year
- $446,310
- Total assets, end of year
- $518,545
- Total liabilities, end of year
- $0
- Net assets, end of year
- $518,545
- Gross receipts
- $323,734
- Employees
- 0
- Volunteers
- 100
- Year formed
- 1995
- State of legal domicile
- NC
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Miaozheng Li | Principal Officer | 10 | $0 |
| Jian Gao | Vice Principal Officer | 6 | $0 |
| Xinjun Zhi | PTA President Officer | 6 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fang Guo | Principal Officer | 10 | $0 |
| Miaozheng Li | Vice Principal Officer | 6 | $0 |
| Jian Gao | PTA President Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 50375, RALEIGH, NC 27650-6375
- In care of
- % SHAOBANG ZENG
- Principal officer (990 for 2024)
- Miaozheng Li, PO Box 50375, Raleigh, NC 27650
- Signed the 990
- Weijiong Li, Treasurer
- Phone
- (919) 744-8665
- Website
- www.racl.org
Mission
Its objectives include promoting Chinese language, teaching Chinese and Oriental history and culture, and enhancing the understanding and friendship among various background people in our community in the Triangle area of North Carolina. RACL strives to reach its goal by conducting school year-long Saturday classes, sponsoring Chinese culture oriented activities, and playing an active and contributing role in our community.
Program accomplishments
- Language programExpenses $188,624 · revenue $323,734
- Activity programExpenses $62,875 · revenue $323,734
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2190391
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B26Z)
- Assets (IRS master file)
- $518,545
- Income (IRS master file)
- $323,734
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $323,734 | $251,499 | $518,545 | XML |
| 990 | December 2023 | $192,165 | $170,110 | $446,310 | XML |
| 990 | December 2022 | $143,588 | $156,395 | $424,255 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
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 58-2190391).
Questions about RALEIGH ACADEMY OF CHINESE LANGUAGE
- What is the EIN of RALEIGH ACADEMY OF CHINESE LANGUAGE?
- The employer identification number (EIN) of RALEIGH ACADEMY OF CHINESE LANGUAGE is 58-2190391.
- Is RALEIGH ACADEMY OF CHINESE LANGUAGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to RALEIGH ACADEMY OF CHINESE LANGUAGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RALEIGH ACADEMY OF CHINESE LANGUAGE 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 RALEIGH ACADEMY OF CHINESE LANGUAGE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RALEIGH ACADEMY OF CHINESE LANGUAGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RALEIGH ACADEMY OF CHINESE LANGUAGE?
- The 990 for the year ended December 31, 2024 names Miaozheng Li.
- Who are the officers and directors of RALEIGH ACADEMY OF CHINESE LANGUAGE?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does RALEIGH ACADEMY OF CHINESE LANGUAGE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $323,734, expenses of $251,499 and total assets of $518,545 at year end.
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