Form 990-EZ, Part I, Line 10
“Agape Way provided scholarships to 34 students in Cambodia and seven students in China. Also provided support to 6 Cambodian pastors, church programs such as soccer and children's programs.”
Siviq Scores
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Balance Sheet
Assets
Down$37,532
Down $119,893 (-76%) from 2023
Net Assets
Up$37,532
Up $248 (+0.7%) from 2023
Liabilities
Down$0
Down $120,141 (-100%) from 2023
Revenue And Expenses
Revenue
Down$140,052
Down $6,807 (-4.6%) from 2023
Expenses
Up$140,053
Up $20,441 (+17%) from 2023
Net Income
Down-$1
Down $27,248 (-100%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 15, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $140,052
Mission and Program Overview
Mission
Provide leadership training and outreach in US and educational assistance to students in poverty in China.
Provide biblical training and provide educational assistance to children in poverty.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 1) Provided online seminars to Cambodian pastors; 2) financial support for college students, 3) mentoring and support for medical students. 4) developing training materials | $5,094 | $57,564 |
| Provided scholarships to 34 students in Cambodia; provided snack funds for six churches' soccer and children's ministries, support for six pastors, provided funds to have electrical fans installed in 4 classrooms, and funds to buy cooking stoves and beds for a student dorm; provided funds to purchase 20 school backpacks with supplies. | $13,129 | $26,625 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Wanbing Frank Li | President & CEO | FT | $84,943 | $10,996 | $95,939 |
| Aijun Anna Li | Vice President | PT | $0 | - | - |
| John Swem | Board Chair | - | $0 | - | - |
| Yongmei Li | Treasurer | - | $0 | - | - |
| Walter Ostrowka | Director Of Development | - | $0 | - | - |
| Caizi Hunag | Community Outreach | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Agape Way
- EIN
- 56-2222794
- Phone
- 9192598581
- Address
- PO Box 16275, Chapel Hill, NC 27516
Signing Officer
- Name
- Wanbing Li
- Title
- CEO
- Phone
- 9192598581
- Signed
- 2025-10-15
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Program Cost: 7298.39. Fundraising cost: 5694.19. Internet/phone/web & social media: $1914.83. Office supplies: 505.42. We had volunteers who provided invaluable services for website development, accounting, communications, fundraising, and donor relations.”
Form 990-EZ, Part I, Line 20
“The $1,108 increase in net assets is primarily due to new donors joining.”
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Agape Way provided scholarships to 34 students in Cambodia and seven students in China. Also provided support to 6 Cambodian pastors, church programs such as soccer and children's programs. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Program Cost: 7298.39. Fundraising cost: 5694.19. Internet/phone/web & social media: $1914.83. Office supplies: 505.42. We had volunteers who provided invaluable services for website development, accounting, communications, fundraising, and donor relations. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The $1,108 increase in net assets is primarily due to new donors joining. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 20 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Wanbing Li |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9192598581 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | AGAPE WAY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AGAP |
| ReturnHeader/Filer/EIN | 0 | 562222794 |
| ReturnHeader/Filer/PhoneNum | 0 | 9192598581 |
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| ReturnHeader/ReturnTs | 0 | 2025-10-15T02:13:15-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $37,532
- Liabilities
- $0
- Net assets
- $37,532
- Revenue
- $140,052
- Expenses
- $140,053
- Net income
- -$1