PACIFIC EAST QUALITY EDUCATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
PACIFIC EAST QUALITY EDUCATION (EIN 04-3678629)
Tax period
2016-08-01 to 2017-07-31
Filed
2018-06-11
IRS object ID
201821629349300292
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-06-11T11:47:49-07:00ReturnTs
Tax Period End2017-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Wendy W Sun CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13140 De La Cruz Blvd Ste 200AddressLine1Txt
CitySanta ClaraCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95054ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043678629EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PACIFIC EAST QUALITY EDUCATIONBusinessNameLine1Txt
Business Name Line2DBA YEW CHUNG INTERNATIONAL SCHOOLBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlPACIBusinessNameControlTxt
Phone8669030986PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1310 EASY STREETAddressLine1Txt
CityMOUNTAIN VIEWCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94043ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGEORGE TSATSOSPersonNm
Person TitleGENERAL MANAGERPersonTitleTxt
Signature2018-06-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWENDY W SUN CPAPreparerPersonNm
PTINP00547643PTIN
Phone4087276454PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$5,123,032GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.YCIS-SV.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionYCIS is an independent, co-educational preschool-8th grade day school providing a Mandarin-English DUAL LANGUAGE, WHOLE CHILD EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent1VotingMembersIndependentCnt
Total Employee83TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$90,210PYContributionsGrantsAmt
CY Contributions Grants$170,656CYContributionsGrantsAmt
PY Program Service Revenue$4,637,832PYProgramServiceRevenueAmt
CY Program Service Revenue$4,926,182CYProgramServiceRevenueAmt
PY Investment Income$100PYInvestmentIncomeAmt
CY Investment Income$95CYInvestmentIncomeAmt
PY Other Revenue$30,561PYOtherRevenueAmt
CY Other Revenue$20,962CYOtherRevenueAmt
PY Total Revenue$4,758,703PYTotalRevenueAmt
CY Total Revenue$5,117,895CYTotalRevenueAmt
PY Grants And Similar Paid$758PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,064,343PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,560,276CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$886CYTotalFundraisingExpenseAmt
PY Other Expenses$1,938,510PYOtherExpensesAmt
CY Other Expenses$1,923,086CYOtherExpensesAmt
PY Total Expenses$5,003,611PYTotalExpensesAmt
CY Total Expenses$5,483,362CYTotalExpensesAmt
PY Revenues Less Expenses-$244,908PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$365,467CYRevenuesLessExpensesAmt
Total Assets BOY$2,461,713TotalAssetsBOYAmt
Total Assets EOY$2,008,956TotalAssetsEOYAmt
Total Liabilities BOY$5,141,728TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,054,438TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$2,680,015NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$3,045,482NetAssetsOrFundBalancesEOYAmt
MissionOur mission is "To raise globally competent and compassionate leaders with a servant's heart, who aspire to, and act for, a better world." YCIS Silicon Valley's English-Chinese dual language program transforms generations of students into bilingual, compassionate multicultural leaders, exhibiting strong community values and academic excellence. Founded with the aim of educating students to develop good character and sound knowledge the two pillars of society YCIS schools continue to instill strong values and support students in developing a strong moral compass. At YCIS Silicon Valley, we cultivate respect, friendship, creativity, gratitude, generosity, commitment, kindness, patience, peace, and honesty in all we do.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$4,538,723ExpenseAmt
Revenue$4,926,183RevenueAmt
DescOPERATION OF A PRIVATE PRE-SCHOOL AND ELEMENTARY SCHOOL, OFFERING PRESCHOOL THROUGH MIDDLE-SCHOOL AGED STUDENTS. DURING THE 2016-2017 SCHOOL YEAR 238 STUDENTS WERE SERVED.Desc
Total Program Service Expenses$4,538,723TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee83EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member1IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGEORGE TSATSOSPersonNm
Phone8669030986PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1310 EASY STREETAddressLine1Txt
CityMOUNTAIN VIEWCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94043ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
HATSUE TSATSOS
Director3.000.00Yes (X)$24,000$0$0
BETTY CHAN PO KING
President3.003.00Yes (X)$0$0$0Yes (X)
PAUL YIP WAN HUNG
Director3.000.00Yes (X)$0$15,385$0
WINNIE YIP WING KAM
Director3.003.00Yes (X)$0$0$0Yes (X)
GARY MORRISON
Secretary1.001.00$0$0$0Yes (X)
GEORGE TSATSOS
GENERAL MANAGER40.000.00$148,564$0$0Yes (X)
ANNETTE HANSON
PRINCIPAL40.000.00$110,367$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$282,931TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$15,385TotReportableCompRltdOrgAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$170,656AllOtherContributionsAmt
Noncash Contributions$5,199NoncashContributionsAmt
Total Contributions$170,656TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ACTIVITIES & MISC FEES$431,956$431,956
BAD DEBT-$14,983-$14,983
REFUND-$53,459-$53,459
TUITION & REGISTRATION$5,367,565$5,367,565
TUITION DISCOUNT-$804,897-$804,897
FieldValueIRS element (for citing)
Total Program Service Revenue$4,926,182TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$95TotalRevenueColumnAmt
Related Or Exempt Func Income$95RelatedOrExemptFuncIncomeAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$26,099FundraisingGrossIncomeAmt
Fundraising Direct Expenses$5,137FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,962TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,117,895TotalRevenueColumnAmt
Related Or Exempt Func Income$4,926,277RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$172,564TotalAmt
Management And General$172,564ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,770,753TotalAmt
Program Services$2,554,542ProgramServicesAmt
Management And General$216,211ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$49,331TotalAmt
Program Services$44,527ProgramServicesAmt
Management And General$4,804ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$307,706TotalAmt
Program Services$242,286ProgramServicesAmt
Management And General$65,096ManagementAndGeneralAmt
Fundraising$324FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$259,922TotalAmt
Program Services$223,883ProgramServicesAmt
Management And General$36,039ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$904TotalAmt
Management And General$904ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$115,368TotalAmt
Management And General$115,368ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$51,223TotalAmt
Program Services$12,917ProgramServicesAmt
Management And General$38,306ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$41,256TotalAmt
Program Services$164ProgramServicesAmt
Management And General$40,593ManagementAndGeneralAmt
Fundraising$499FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$56,842TotalAmt
Program Services$21,263ProgramServicesAmt
Management And General$35,579ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$81,438TotalAmt
Program Services$38,815ProgramServicesAmt
Management And General$42,623ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,068,823TotalAmt
Program Services$1,068,823ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,605TotalAmt
Program Services$6,683ProgramServicesAmt
Management And General$10,922ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,690TotalAmt
Management And General$4,690ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$87,864TotalAmt
Management And General$87,864ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$46,939TotalAmt
Management And General$46,939ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DIRECT PROGRAM EXPENSE$137,698$137,698
JANITORIAL & CLEANING EXPENSE$105,687$105,984-$297
TEACHER AND STAFF DEVELOPMENTT$36,351$32,944$3,407
REPAIRS AND MAINTENANCE$16,912$16,307$605

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$53,486TotalAmt
Program Services$31,887ProgramServicesAmt
Management And General$21,536ManagementAndGeneralAmt
Fundraising$63FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,483,362TotalAmt
Program Services$4,538,723ProgramServicesAmt
Management And General$943,753ManagementAndGeneralAmt
Fundraising$886FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,192,934BOYAmt
EOY$990,220EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$164,914BOYAmt
EOY$27,144EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$24,008BOYAmt
EOY$57,158EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$134,737BOYAmt
EOY$52,743EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,140,943LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$447,626LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$756,746BOYAmt
EOY$693,317EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$188,374BOYAmt
EOY$188,374EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,461,713BOYAmt
EOY$2,008,956EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$292,029BOYAmt
EOY$525,775EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,939,232BOYAmt
EOY$1,892,657EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
EOY$104EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$2,910,466BOYAmt
EOY$2,635,900EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1BOYAmt
EOY$2EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,141,728BOYAmt
EOY$5,054,438EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$2,680,015BOYAmt
EOY-$3,045,482EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$2,680,015BOYAmt
EOY-$3,045,482EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,461,713BOYAmt
EOY$2,008,956EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$365,467ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee EtcfalseAgentTrusteeEtcInd
Additions During Year$6,065AdditionsDuringYearAmt
Distributions During Year$5,961DistributionsDuringYearAmt
Ending Balance$104EndingBalanceAmt
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$845,371OtherCostOrOtherBasisAmt
Depreciation$276,068DepreciationAmt
Book Value$569,303BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$188,606OtherCostOrOtherBasisAmt
Depreciation$117,817DepreciationAmt
Book Value$70,789BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$106,966OtherCostOrOtherBasisAmt
Depreciation$53,741DepreciationAmt
Book Value$53,225BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$693,317TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSIT-RENT$167,155
DEPOSIT-UTILITY$1,219
RESERVE$20,000
FieldValueIRS element (for citing)
Total Book Value Other Assets$188,374TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescRoundingDesc
Amt$2Amt
FieldValueIRS element (for citing)
Total Liability$2TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$5,117,895TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$5,117,895RevenueSubtotalAmt
Total Revenue Per Form990$5,117,895TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,483,362TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$5,483,362ExpensesSubtotalAmt
Total Expenses Per Form990$5,483,362TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart IV, Line 2b: Explanation of escrow account liabilityFormAndLineReferenceDesc
ExplanationTHE BALANCE REPRESENTS COLLECTION OF DONATION FOR ANOTHER ENTITY WHICH WILL BE FORWARDED TO THE ENTITY.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsfalseMaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Line 3 - Racially Nondiscriminatory Policy PublicizedRACIALLY NONDISCRIMINATORY POLICY OF SCHOOL IS MENTIONED IN ATTACHMENT TO FORM 1023 FILED WITH THE IRS, IN ALL ITS BROCHURES, CATALOGUES, DURING OPEN HOUSES AND REGISTRATION PERIODS.
Schedule E, Line 4 - Explanation of Records and Materials Not MaintainedTHE CURRENT STAFF CONSIST OF OF A WELL DIVERSIFIED ETHNIC GROUP.THERE ARE NO QUESTIONS REFERRING TO RACE ON OUR EMPLOYMENT APPLICATIONFORMS.
Schedule E, Line 5 - Explanation of Organization Discrimination by Race

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1NEW YEAR PARTYEvent1Nm
Gross Receipts Event1$26,099GrossReceiptsEvent1Amt
Gross Revenue Event1$26,099GrossRevenueEvent1Amt
Cash Prizes Event1$7CashPrizesEvent1Amt
Food And Beverage Event1$583FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$4,547OtherDirectExpensesEvent1Amt
Gross Receipts Total$26,099GrossReceiptsTotalAmt
Gross Revenue Total Events$26,099GrossRevenueTotalEventsAmt
Cash Prizes Total Events$7CashPrizesTotalEventsAmt
Food And Beverage Total Events$583FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$4,547OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$5,137DirectExpenseSummaryEventsAmt
Net Income Summary$20,962NetIncomeSummaryAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan To OrganizationLoanToOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
BETTY PO KING CHAN
OFFICERWCYes (X)$450,000$274,800falseYes (true)Yes (true)
YEW WAH INTL EDUCATION
RELATEDWCYes (X)$2,559,987$2,463,100falseYes (true)Yes (true)
HATSUE TSATSOS
RELATEDWCYes (X)$345,000$75,894falseYes (true)Yes (true)
FieldValueIRS element (for citing)
Total Balance Due$2,813,794TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonHATSUE TASTSOSPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionDIRECTORRelationshipDescriptionTxt
Transaction$6,895TransactionAmt
TransactionLOAN INTEST PAYMENTTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 11b: Form 990 Review ProcessDraft Tax Return is reviewed by General Manager and staff of Hong Kong office for related party transactions. Corrections are made before the return is finalized.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsCONFLICT OF INTEREST POLICY IS PART OF EMPLOYEE HANDBOOK, WITH DETAILED DESCRIPTION TO SPELL OUT VARIOUS PROHIBITED ACTIVITIES BY EMPLOYEES, AND DIRECTORS. THE MANAGEMENT REVIEWS EMPLOYEES CONDUCT ON A REGULAR BASIS AND CORRECT THEM IMMEDIATELY IF NEEDED.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top ManagementSEE THE REPLY FOR QUESTION 15(B)
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key EmployeesIn both cases, salary schedules from local public schools and a salary survey report from NBOA (National Business Officers Organization) is used to formulate competitive and reasonable compensation. This information is reviewed by the Board who sets the salary for the Principal and General Manager positions
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableGOVERNING DOCUMENTS ARE NOT PROVIDED FOR PUBLIC'S REVIEW. CONFLICT OF INTEREST POLICY ARE INCLUDED IN THE EMPLOYEE HANDBOOKS WHICH ARE AVAILABLE FOR EMPLOYEES ONLY. ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW AT THE SCHOOL SITE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
YEW WAH INTERNATIONAL EDUCATION CO LTD
16/F Midas Plaza 1 Tai Yau StSan Po KongKowloonHK39239800HOLDING CO FOR EDUCATION RELATED INVESTMENTHKN/Afalse
YC ASSOCIATES
16/F Midas Plaza 1 Tai Yau StSan Po KongKOWLOONHK39239800EDUCATIONHKN/Afalse
Yew Chung Education Foundation Limited
20 Somerset RoadKowloon TongKOWLOONHK39239800EDUCATIONHKN/Afalse
CHINA EDUCATION DEVELOPMENT CO LTD
16/F Midas Plaza 1 Tai Yau StSan Po KongKOWLOONHK39239800EDUCATIONHKN/Afalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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