Civic Intelligence

Ap Academy

990EZ • Fiscal year 2021 • EIN 26-1975507

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 01, 2022

911 N Atlantic BlvdAlhambra, CA 91801

(626) 780-1598

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.79x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

0.78x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

41st percentile

2.6%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

18th percentile

-21%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

23rd percentile

-35%

Faster revenue growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$4,050

Down $1,049 (-21%) from 2020

Net Assets

Up

-$3,183

Up $244 (+7.1%) from 2020

Liabilities

Down

$7,233

Down $1,293 (-15%) from 2020

Revenue

Down

$9,332

Down $5,131 (-35%) from 2020

Expenses

Down

$9,088

Down $6,234 (-41%) from 2020

Net Income

Up

$244

Up $1,103 (+128%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15K$10K$5.0K$0-$5.0KAssets 2014: $6,084Liabilities 2014: $10,929Net Assets 2014: -$4,8452014Assets 2017: $1,867Liabilities 2017: $6,000Net Assets 2017: -$4,1332017Assets 2018: $2,883Liabilities 2018: $6,000Net Assets 2018: -$3,1172018Assets 2020: $5,099Liabilities 2020: $8,526Net Assets 2020: -$3,4272020Assets 2021: $4,050Liabilities 2021: $7,233Net Assets 2021: -$3,1832021

Highlighted filing

2021

Assets$4,050
Liabilities$7,233
Net Assets-$3,183

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $194,888Expenses 2014: $193,607Net Income 2014: $1,2812014Revenue 2017: $217,787Expenses 2017: $215,277Net Income 2017: $2,5102017Revenue 2018: $211,690Expenses 2018: $211,532Net Income 2018: $1582018Revenue 2020: $14,463Expenses 2020: $15,322Net Income 2020: -$8592020Revenue 2021: $9,332Expenses 2021: $9,088Net Income 2021: $2442021

Highlighted filing

2021

Revenue$9,332
Expenses$9,088
Net Income$244
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.0
Gross Receipts
$9,332
Mission and Program Overview

Mission

To promote chinese culture by providing chinese language learnng opportunity to low income students.

Program Services

DescriptionGrantsExpenses
PROVIDE CHINESE LANGUAGE AND CULTURE EDUCATIONAL SERVICES--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KUO SHENG CHAOPresident & CEO-$0--
Kan-I ChaoCFOFT$0--
Chi-Hwa ChaoDirector-$0--
Shin-Ru YangSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Ap Academy
EIN
26-1975507
Phone
6267801598
Address
911 N ATLANTIC BLVD, ALHAMBRA, CA 91801

Signing Officer

Name
Kuo Sheng Chao
Title
President & CEO
Signed
2022-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Peter M Hsu CPA a Professional Corporation
Address
3641 NORWICH PLACE, ROWLAND HEIGHTS, CA 91748
Preparer
Peter M Hsu
Phone
5622753415
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $83

Other Expenses.1

TELEPHONE EXPENSES $1021

Other Expenses.2

STATE TAX $850

Other Expenses.3

INTERNET SERVICES $780

Other Expenses.4

TEACHING MATERIALS $438

Other Expenses.5

SOFTWARE EXPENSES $212

Other Expenses.6

MEMBERSHIP RENEWAL $100

Total Liabilities.1

PAYABLE TO OFFICIER - Beginning $6000 PAYABLE TO OFFICIER - Ending $6000

Total Liabilities.2

ACCOUNTS PAYABLE - Beginning $2526 ACCOUNTS PAYABLE - Ending $1233

Raw XML Appendix169 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Kan-I Chao
IRS990EZ/BooksInCareOfDetail/PhoneNum06267801598
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0911 N ATLANTIC BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALHAMBRA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091801
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03826
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0244
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/LandAndBuildingsGrp/BOYAmt01273
IRS990EZ/LoansToFromOfficersAmt06000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-3427
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-3183
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-3427
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-3183
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KUO SHENG CHAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kan-I Chao
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Chi-Hwa Chao
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Shin-Ru Yang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03484
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE CHINESE CULTURE BY PROVIDING CHINESE LANGUAGE LEARNNG OPPORTUNITY TO LOW INCOME STUDENTS.
IRS990EZ/PrintingPublicationsPostageAmt014
IRS990EZ/ProgramServiceRevenueAmt09330
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05490
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08526
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07233
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt09088
IRS990EZ/TotalRevenueAmt09332
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt06000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Chi Hwa Chao
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt06000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $83
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TELEPHONE EXPENSES $1021
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STATE TAX $850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INTERNET SERVICES $780
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TEACHING MATERIALS $438
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOFTWARE EXPENSES $212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEMBERSHIP RENEWAL $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYABLE TO OFFICIER - Beginning $6000 PAYABLE TO OFFICIER - Ending $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACCOUNTS PAYABLE - Beginning $2526 ACCOUNTS PAYABLE - Ending $1233
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KUO SHENG CHAO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AP ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0APAC
ReturnHeader/Filer/EIN0261975507
ReturnHeader/Filer/PhoneNum06267801598
ReturnHeader/Filer/USAddress/AddressLine1Txt0911 N ATLANTIC BLVD
ReturnHeader/Filer/USAddress/CityNm0ALHAMBRA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272200874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PETER M HSU CPA A PROFESSIONAL CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03641 NORWICH PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROWLAND HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091748
ReturnHeader/PreparerPersonGrp/PhoneNum05622753415
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER M HSU
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-01T09:07:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KUO SHENG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHAO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings