Civic Intelligence

Fenghua Academy

EIN 20-1501276 • 501(c)3 • Lake Zurich, IL

Profile

Education for kids and adults to learn C

PO Box 283Lake Zurich, IL 60047
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

57th percentile

5.1%

Higher net margin than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

-15%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$188,063

Up $15,708 (+9.1%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin57th percentile

Revenue

Up

$169,078

Up $43,899 (+35%) from 2022

Expenses

Up

$170,801

Up $30,744 (+22%) from 2022

Net Income

Up

-$1,723

Up $13,155 (+88%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $40,337Liabilities 2011: $40,337Net Assets 2011: $02011Assets 2012: $50,248Liabilities 2012: $50,248Net Assets 2012: $02012Assets 2013: $60,585Liabilities 2013: $7,110Net Assets 2013: $53,4752013Assets 2014: $108,008Liabilities 2014: $0Net Assets 2014: $108,0082014Assets 2015: $127,709Liabilities 2015: $6,846Net Assets 2015: $120,8632015Assets 2016: $152,499Liabilities 2016: $0Net Assets 2016: $152,4992016Assets 2017: $163,034Liabilities 2017: $0Net Assets 2017: $163,0342017Assets 2018: $171,446Liabilities 2018: $0Net Assets 2018: $171,4462018Assets 2019: $170,636Liabilities 2019: $0Net Assets 2019: $170,6362019Assets 2020: $203,579Liabilities 2020: $0Net Assets 2020: $203,5792020Assets 2021: $208,202Liabilities 2021: $0Net Assets 2021: $208,2022021Assets 2022: $172,355Liabilities 2022: $02022Assets 2023: $188,063Liabilities 2023: $02023

Highlighted filing

2023

Assets$188,063
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $148,518Expenses 2011: $125,875Net Income 2011: $22,6432011Revenue 2012: $157,809Expenses 2012: $130,204Net Income 2012: $27,6052012Revenue 2013: $174,430Expenses 2013: $171,203Net Income 2013: $3,2272013Revenue 2014: $207,512Expenses 2014: $160,089Net Income 2014: $47,4232014Revenue 2015: $211,317Expenses 2015: $191,616Net Income 2015: $19,7012015Revenue 2016: $211,422Expenses 2016: $186,631Net Income 2016: $24,7912016Revenue 2017: $207,809Expenses 2017: $197,274Net Income 2017: $10,5352017Revenue 2018: $218,052Expenses 2018: $209,640Net Income 2018: $8,4122018Revenue 2019: $193,553Expenses 2019: $194,324Net Income 2019: -$7712019Revenue 2020: $193,221Expenses 2020: $160,278Net Income 2020: $32,9432020Revenue 2021: $146,563Expenses 2021: $132,204Net Income 2021: $14,3592021Revenue 2022: $125,179Expenses 2022: $140,057Net Income 2022: -$14,8782022Revenue 2023: $169,078Expenses 2023: $170,801Net Income 2023: -$1,7232023

Highlighted filing

2023

Revenue$169,078
Expenses$170,801
Net Income-$1,723
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$188,063
Liabilities
$0
Net assets
-
Revenue
$169,078
Expenses
$170,801
Net income
-$1,723
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.88$0.00$1.69$1.71$0.02
2022Summary only. Only limited summary data is available for this year.$1.72$0.00$1.25$1.40$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$1.47$1.32$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.00$2.04$1.93$1.60$0.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.00$1.71$1.94$1.94$0.01
2018Summary only. Only limited summary data is available for this year.$1.71$0.00$1.71$2.18$2.10$0.08
2017Summary only. Only limited summary data is available for this year.$1.63$0.00$1.63$2.08$1.97$0.11
2016Summary only. Only limited summary data is available for this year.$1.52$0.00$1.52$2.11$1.87$0.25
2015Summary only. Only limited summary data is available for this year.$1.28$0.07$1.21$2.11$1.92$0.20
2014Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$2.08$1.60$0.47
2013Summary only. Only limited summary data is available for this year.$0.61$0.07$0.53$1.74$1.71$0.03
2012Summary only. Only limited summary data is available for this year.$0.50$0.50$0.00$1.58$1.30$0.28
2011Summary only. Only limited summary data is available for this year.$0.40$0.40$0.00$1.49$1.26$0.23
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 12, 2022
Return Version
2021v4.2
Gross Receipts
$146,563
Mission and Program Overview

Mission

Education for kids and adults to learn c

Program Services

DescriptionGrantsExpenses
Teacher Compensation-$82,742
Operation Expenses-$37,471
Other program services-$11,091
Rental and Insurance-$900
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GUANGXUE WEITreasurerPT$0--
RONALD LIPrincipalPT$0--
JIALIN YANGOfficerPT$0--
JIAN WANGOfficierPT$0--
Filing and Contact Details

Filer

Filer Name
Fenghua Academy
EIN
20-1501276
Address
PO BOX 283, Lake Zurich, IL 60047

Signing Officer

Name
Ronald Li
Title
Principal
Phone
8477518869
Signed
2022-10-12
Discuss with paid preparer
No

Preparer

Firm
B & R Tax Accounting Services
Address
1315 N La Fox Street, South Elgin, IL 60177
Preparer
Cecilia Diaz
Phone
8478884494
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountDONATION 2,221”

Description of other expenses Part I line 16

“Description AmountTEACHING MATERIALS & BOOKS 2,993TRAVELING & CULTURE EXCHG MTG 1,809REDUND 2,159DONATIONS 2,000OPERATION EXPENSES 37,471EVENTS 2,130”

Other program services Part III line 31

“Teaching materials and books $2993. Traveling and culture exchange meeting $1809. Refunds $2159. Donations $2000. Events $2130.”

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GUANGXUE WEI
IRS990EZ/BooksInCareOfDetail/PhoneNum08477518869
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03 N ACACIA DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lake Zurich
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060047
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0193843
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0208202
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0120410
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014359
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0193843
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0208202
IRS990EZ/GrossReceiptsAmt0146563
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt023932
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0193843
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0208202
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0193843
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0208202
IRS990EZ/OccupancyRentUtltsAndMaintAmt0900
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt38.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GUANGXUE WEI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RONALD LI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JIALIN YANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIAN WANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRINCIPAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Officier
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt048562
IRS990EZ/OtherRevenueTotalAmt02221
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Education for kids and adults to learn C
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Teacher Compensation
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Operation Expenses
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Rental and Insurance
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other program services
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt082742
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt137471
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2900
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt311091
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt082742
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0132204
IRS990EZ/TotalProgramServiceExpensesAmt0132204
IRS990EZ/TotalRevenueAmt0146563
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDONATION 2,221
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountTEACHING MATERIALS & BOOKS 2,993TRAVELING & CULTURE EXCHG MTG 1,809REDUND 2,159DONATIONS 2,000OPERATION EXPENSES 37,471EVENTS 2,130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TEACHING MATERIALS AND BOOKS $2993. TRAVELING AND CULTURE EXCHANGE MEETING $1809. REFUNDS $2159. DONATIONS $2000. EVENTS $2130.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other program services Part III line 31
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD LI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRINCIPAL
ReturnHeader/BusinessOfficerGrp/PhoneNum08477518869
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FENGHUA ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0FENG
ReturnHeader/Filer/EIN0201501276
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 283
ReturnHeader/Filer/USAddress/CityNm0Lake Zurich
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060047
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822772146
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0B & R Tax Accounting Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01315 N La Fox Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0South Elgin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060177
ReturnHeader/PreparerPersonGrp/PhoneNum08478884494
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cecilia Diaz
ReturnHeader/ReturnTs02022-10-12T20:01:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RONALD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits