2019-02-14T16:17:34-06:00 2018-03-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2017-04-01 452926542 FEI TIAN COLLEGE FEIT 8456720550 140 GALLEY HILL RD CUDDEBACKVILLE NY 12729 JOSEPH ZHAO SENIOR VICE PRESIDENT 8456720550 2019-02-13 1 CHRIS BELLANDO P00541714 2126972299 38.142.140.186 2019-02-13 15:28:23 ES P 46D7C3021ACD099E0E045FFA4D1A56074D07B965 7BFB744AC058D2B1B6D650C1435B86D144DCEB76 2017 2019-02-21 02:37:17Z JOSEPH ZHAO 140 GALLEY HILL RD CUDDEBACKVILLE NY 12729 10558113 0 X WWW.FEITIAN.EDU X 2011 NY FEI TIAN COLLEGE IS THE FIRST INSTITUTION OF HIGHER LEARNING IN THE UNITED STATES TO OFFER A SYSTEMATIC PROGRAM IN CLASSICAL CHINESE DANCE, AS WELL AS A MUSIC PROGRAM THAT COMBINES TRAINING IN WESTERN AND CHINESE MUSIC. 5 5 44 13 0 0 2181345 5882600 176780 3990665 20856 31547 1024 653301 2380005 10558113 0 3548645 0 0 1227246 1468753 0 0 8104 593613 689762 1820859 5707160 559146 4850953 6657248 11986949 66134 544882 6591114 11442067 X THE MISSION OF FEI TIAN COLLEGE IS TO PROVIDE BILINGUAL EDUCATION OF THE HIGHEST CALIBER SO AS TO PRESERVE AND REVIVE THE PRECIOUS ARTISTIC AND CULTURAL TRADITIONS OF HUMANITY. THE COLLEGE SEEKS TO NURTURE IN ITS STUDENTS THE INTELLECTUAL AND MORAL VIRTUES THAT WILL ALLOW THEM TO LEAD LIVES OF INTEGRITY, COMPASSION AND FORTITUDE. 0 0 5390173 3548645 3991041 FEI TIAN COLLEGE'S PRIMARY PROGRAM SERVICE ACCOMPLISHMENT IS PROVIDING EDUCATION IN CLASSICAL CHINESE DANCE AND EAST-WEST MUSIC TO THE STUDENTS ENROLLED IN ITS PROGRAM. THE COLLEGE ALSO PROVIDES THE STUDENTS GENERAL EDUCATION COURSES IN THE LIBERAL ARTS AND SCIENCES. THE EXPENSES ASSOCIATED WITH THE INSTRUCTION PROVIDED INCLUDE COMPENSATION RELATING TO THE EDUCATIONAL FUNCTION OF THE COLLEGE, TEACHING MATERIALS AND SERVICES. THE COLLEGE RECEIVED APPROXIMATELY $2.8 MILLION IN DONATED PROFESSIONAL SERVICES IN 2017 ACADEMIC YEAR.PROVIDING FINANCIAL ASSISTANCE TO STUDENTS IS A HIGH PRIORITY OF THE COLLEGE. STUDENT ASSISTANCE IS PRIMARILY SCHOLARSHIPS, SUCH AS TUITION WAIVERS AND SCHOLARSHIP STIPENDS.THE ENTIRE STUDENT BODY RECEIVED FULL SCHOLARSHIPS IN THE 2017 ACADEMIC YEAR. THE COLLEGE RECEIVED APPROXIMATLEY $2.1 MILLION IN DONATED USE OF FACILITIES.DURING 2017, THE COLLEGE SUPPORTED ITS MISSION OF HIGHER EDUCATION AND OF NURTURING IN ITS STUDENTS INTELLECTUAL AND MORAL VIRTUES THROUGH PROGRAM SERVICES. SUCH PROGRAM SERVICES INCLUDE SUPPORT OF STUDENT ACTIVITIES AND PROGRAMMING AND AUXILARY SERVICES, SUCH AS DORMITORIES. 5390173 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 6 0 1 44 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 NY X THE ORGANIZATION 8456720550 140 GALLEY HILL RD CUDDEBACKVILLE NY 12729 CHING-HIS CHANG BOARD MEMBER 0.00 X 0 0 0 SHANTAO LAI BOARD MEMBER 0.00 X 0 0 0 YINGNIAN WU BOARD MEMBER 0.00 X 0 0 0 SEN YANG BOARD MEMBER 0.00 X 0 0 0 HUAYI ZHANG BOARD MEMBER 0.00 X 0 0 0 VINA LEE PRESIDENT 40.00 X 46000 0 0 JOE ZHAO SENIOR VICE PRESIDENT 40.00 X 0 0 0 YUAN P LI VICE PRESIDENT OF ACADEMICS 40.00 X 32000 0 0 78000 0 0 0 0 0 0 0 5882600 1774800 5882600 TUITION 900099 3486705 3486705 ROOM AND BOARD 900099 503960 503960 3990665 31547 31547 652925 0 652925 652925 652925 MISCELLANEOUS INCOME 900099 376 376 376 10558113 3991041 0 684472 3548645 3548645 78000 64696 12905 399 1257836 1043292 208107 6437 24472 17714 6556 202 108445 78496 29051 898 7020 7020 16105 16105 20325 11179 9146 17459 12997 4418 44 2000 2000 226398 203758 22640 24304 20159 4021 124 STIPEND PAYMENTS 360200 360200 TEXTBOOKS 5638 5638 CLASSROOM SUPPLIES 4053 4053 STUDENT ACTIVITIES 1755 1755 4505 1486 3019 5707160 5390173 308883 8104 330135 432513 3314302 4112439 273442 200750 1455 2040 7633101 752479 2737914 6880622 0 358585 6657248 11986949 66134 237007 0 307875 66134 544882 X 6591114 11442067 6591114 11442067 6657248 11986949 4850953 0 X 0 1 X 0 0 X 3000000 3000000 3000000 3000000 3000000 3000000 3000000 3000000 3000000 3000000 1.00000 0 0 1903056 1903056 2302571 54334 2248237 2036506 2036506 538724 143513 395211 852244 554632 297612 6880622 SECURITY DEPOSIT LIABILITY 157875 REFUNDABLE ADVANCE 150000 307875 16009362 5451249 5451249 10558113 0 10558113 11158409 5451249 5451249 5707160 0 5707160 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 SCHOLARSHIPS 234 3356265 VALUE OF TUITION FORGONE CREDIT AGAINST CLASS TUITION ROOM AND BOARD 89 192380 VALUE OF ROOM AND BOARD FORGONE CREDIT AGAINST ROOM AND BOARD PART I, LINE 2: ALL STUDENTS RECEIVE A FULL SCHOLARSHIP. X 8 1774800 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. THEY ARE REQUESTED TO REVIEW THE DOCUMENT AND RESPOND WITH ANY QUESTIONS OR COMMENTS WITHIN A SPECIFIC TIMEFRAME. AFTER ALL COMMENTS OR QUESTIONS ARE ADDRESSED, THE 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. DRAGON SPRINGS BUDDHIST INC 140 GALLEY HILL RD CUDDEBACKVILLE NY 12729 RELIGOUS TEMPLE NY 170(B)(A)(IV) 501(C)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 DRAGON SPRINGS BUDDHIST INC N FEI TIAN ACADEMY OF THE ARTS N