Education
(B26Z)
IRS Verified
DX Registered
990 on File
RALEIGH ACADEMY OF CHINESE LANGUAGE
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Global Opportunities Achieved Together (G.O.A.T) relentless efforts will not only recognize and combat baseline deficiencies in welfare, but also raise awareness of the lack of education in undeveloped areas. We strive to instill the necessary tools that will allow the creation of legitimate and swift academic opportunities that will ultimately improve the health and confidence of underprivileged youth.
Financial Overview — FY 2024
$324K
Total Revenue
$251K
Total Expenses
$519K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
24.74x
Liability-to-Asset
0.0%
Revenue Diversification
67.7%
Executive Compensation
$135K
Compared with Peers
FY 2024
Compared with 16,011 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 89.3% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 8.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.7 mo | 9.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
67.7% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
68.5% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
47.8% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
22.3% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $324K | $251K | $519K | 100.0% | 0 |
| 2023 | $192K | $170K | $446K | 100.0% | 0 |
| 2022 | $144K | $156K | $424K | 100.0% | 0 |
| 2021 | $143K | $108K | N/A | — | 0 |
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