The Li-ming Chinese Academy is a 501(c)(3) organization based in Gaithersburg, Maryland, registered in 1995, with $124,947 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$125K
▲ 16.8% vs prior year
Education median: $200K
Expenses (FY2024)
$147K
Net assets
$143K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Li-ming Chinese Academy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Li-ming Chinese Academy: 12 mo reserves · -18% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Li-ming Chinese Academy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Li-ming Chinese Academy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $167K (FY2013) to $125K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-17.7%
Spent more than it raised in the latest fiscal year.
Total assets
$186K
Total liabilities
$43K
Net assets
$143K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $124,947▲16.8% | $147,008▲22.6% | $143,022▼13.4% | $185,920▼26.4% | 990EZ |
| 2023 | $106,964▲11.6% | $119,897▼14.8% | $165,083▼7.3% | $252,606▼4.7% | 990EZ |
| 2022 | $95,837▼40.7% | $140,796▲12.2% | $178,138▼20.2% | $264,973▲16.9% | 990EZ |
| 2021 | $161,551▲29.1% | $125,539▲26.0% | $223,098▲19.2% | $226,753▼26.5% | 990EZ |
| 2020 | $125,141▼33.5% | $99,628▼38.6% | $187,086▲21.9% | $308,543▲37.3% | 990EZ |
| 2019 | $188,302▼2.5% | $162,347▼18.2% | $153,448▲20.4% | $224,792▲76.3% | 990EZ |
| 2018 | $193,150▲4.3% | $198,549▼0.7% | $127,493▼4.1% | $127,493▼4.1% | 990 |
| 2017 | $185,116▼3.8% | $200,005▲7.3% | $132,892▼10.1% | $132,993▼10.0% | 990 |
| 2016 | $192,337▲1.8% | $186,344▲13.3% | $147,781▲4.2% | $147,781▲4.2% | 990 |
| 2015 | $189,018▲3.7% | $164,475▲3.1% | $141,788▲20.9% | $141,788▲20.7% | 990EZ |
| 2014 | $182,262▲8.8% | $159,602▲4.6% | $117,245▲24.0% | $117,445▲23.9% | 990EZ |
| 2013 | $167,460 | $152,570 | $94,585 | $94,785 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for The Li-ming Chinese Academy (EIN 52-1920292) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.