2024-09-04T11:51:12-07:00 2023-12-31 812304670 Yu Yao Xu CPA PLLC 3370 Prince Street Suite 708 Flushing NY 11354 990 2023-01-01 311587377 SHUANG WEN ACADEMY NETWORK (SWAN) SHUA 6469985786 90 BOWERY 2ND FLOOR New York NY 10013 TONY WONG TREASURER 6469985786 2024-02-09 true true Yu Yao Xu CPA P01947633 9293622181 2024-09-04 2023 2024-08-08 14:25:15Z TONY WONG 90 BOWERY 2ND FLOOR NEW YORK NY 10013 1678957 false X WWW.SWAN-NYC.ORG X 1996 NY TO DEVELOP PROFICIENCY IN MANDARIN CHINESE LANGUAGE AND AWARENESS OF CHINESE CULTURE IN INDIVIDUALS, PREPARING THEM AS GLOBAL CITIZENS IN AN INCREASINGLY COMPETITIVE AND DEMANDING INTERNATIONAL ENVIRONMENT. 8 8 62 2 0 0 49880 58245 1543552 1592900 3762 4208 211336 23604 1808530 1678957 0 0 687732 1029230 0 7330 408716 509931 1096448 1539161 712082 139796 2043033 2434244 1233368 1484783 809665 949461 TO DEVELOP PROFICIENCY IN MANDARIN CHINESE LANGUAGE AND AWARENESS OF CHINESE CULTURE IN INDIVIDUALS, PREPARING THEM AS GLOBAL CITIZENS IN AN INCREASINGLY COMPETITIVE AND DEMANDING INTERNATIONAL ENVIRONMENT. false false 1105668 0 1592900 WHILE PROVIDING EARLY LEARNING OPPORTUNITIES THAT TAKE FULL ADVANTAGE OF BOTH TRADITIONAL AND INNOVATIVE TEACHING TECHNIQUES, ADVANCED TECHNOLOGIES AND STRATEGIC PARTNERSHIPS, SWAN SEEKS TO DEVELOP THESE STUDENTS FROM VARIED SOCIAL, ECONOMIC AND ETHNIC BACKGROUNDS, AND TO SHARE ITS BEST PRACTICES FOR REPLICATION PURPOSES. FURTHERMORE, SWAN PROVIDES ELEMENTARY AND MIDDLE SCHOOL CHINESE LEARNING IN THE SUMMER, AN ENRICHING CULTURAL AND ACADEMIC LEARNING EXPERIENCE THAT GIVES CHILDREN BEYOND ACCESS TO AFFORDABLE CHINESE LANGUAGE IMMERSION, CULTURE, PHYSICAL ACTIVITIES AND FUN. 1105668 true true false false false false false false false true true false false true true false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false true 0 0 true 62 true false false false false false false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false NY X X FU MEI CHEUNG 6469985786 90 BOWERY 2ND FLOOR NEW YORK NY 10013 FU MEI CHEUNG EXECUTIVE DIRECTOR 55.00 X 105550 0 0 NANCY ENG CHAIR 7.00 X X 0 0 0 ANDY LUN VICE CHAIR 7.00 X X 0 0 0 TONY WONG TREASURER 7.00 X X 0 0 0 VINCENT CHOI SECRETARY 7.00 X X 0 0 0 VERONICA TSANG BOARD MEMBER 7.00 X 0 0 0 SHERRY HUANG BOARD MEMBER 7.00 X 0 0 0 DAVID FUNG BOARD MEMBER 7.00 X 0 0 0 QUENTINE HUIE BOARD MEMBER 7.00 X 0 0 0 105550 0 0 1 false false false 52527 5718 58245 PROGRAM SERVICES 611710 1592900 0 0 1592900 4208 0 4208 15483 5718 15483 0 15483 MISC. INCOME 900099 2725 0 0 2725 UNREALIZED GAIN 523999 5396 0 0 5396 8121 1678957 1592900 0 27812 103000 0 103000 0 840168 623861 216307 0 86062 56926 29136 0 22985 0 22985 0 4122 0 4122 0 19459 0 19459 0 317168 317168 0 0 500 0 500 0 0 0 0 0 17918 0 17918 0 PROGRAM EXPENSES 78673 78673 0 0 COMMISSION EXPENSES 8358 0 8358 0 AFTER SCHOOL STUDENT TRANSPORTATION EXPENSES 12880 12880 0 0 FUNDRAISING EXPENSES 7330 0 0 7330 20538 16160 4378 0 1539161 1105668 426163 7330 919082 1095297 3750 3930 333209 11518 29519 26592 304783 146152 0 158631 60041 69466 697432 1068810 2043033 2434244 152824 61746 405871 405423 2550 2750 150000 150000 0 522123 864864 1233368 1484783 X 774837 911233 34828 38228 809665 949461 2043033 2434244 139796 X false true X true false X 0 49510 146162 62728 48309 58245 364954 0 0 49510 146162 62728 48309 58245 364954 0 364954 2531 1201 5744 3762 4208 17446 0 1756459 1616504 3372963 3755363 0.09720 0.15270 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: PPP LOAN FORGIVENESS 2022: 210220. Description: EVENT REVENUE 2022: 1571. 2023: 15483. Description: OTHER MISC INCOME 2022: 1116. 2023: 2725. Description: PROGRAM SERVICE INCOME 2022: 1543552. 2023: 1592900. Description: UNREALIZED GAINS 2023: 5396. Pt II Ln 17a Received public support RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41459 3400 6631 38228 36714 4745 41459 36714 0 36714 36702 12 36714 36635 67 36702 false false 0 0 283865 125234 158631 5232 5232 0 15686 15686 0 158631 SECURITY DEPOSITS 179059 DONATED ASSETS 0 CASH RESTRICTED FOR ENDOWMENT FUND 38228 OPERATING LEASE RIGHT OF USE ASSETS 851523 1068810 Current portion of operating lease liabilities 320968 Long-term operating lease liabilities 543896 864864 1678957 1678957 1678957 1543523 1543523 1543523 TONY WONG TREASURER 2750 PAYROLL PROCESSING AND FORM W-2 FILING false Pt VI, Line 11b A DRAFT COPY OF FORM 990 IS DISTRIBUTED BY EMAIL TO ALL BOARD MEMBERS PRIOR TO FILING TO SOLICIT ANY COMMENTS. THE BOARD CHAIR AND TREASURER REVIEW THE DRAFT IN DETAIL AND MUST AFFIRMATIVELY GIVE THEIR APPROVAL. Pt VI, Line 12c AS PART OF INTERNAL CONTROL POLICY, ALL CONTRACTS REQUIRE A REVIEW BY AT LEAST TWO MEMBERS, AS WELL AS MAKING SURE EVERYTHING IS AT ARMS LENGTH AND THERE IS NO CONFLICT OF INTEREST. ALL CHECKS REQUIRE DUAL SIGNATURES AND ANY PAYMENTS TO DIRECTORS, OFFICERS AND EMPLOYEES (TYPICALLY EXPENSE REIMBURSEMENTS) ARE THOROUGHLY REVIEWED FOR APPROPRIATENESS. Pt VI, Line 15a THE HIRING PROCEDURE IS REQUIRED BY THE DIRECTORS AND OFFICERS. APPROVAL OF EMPLOYMENT AND COMPENSATION FOR EXECUTIVE DIRECTOR & TOP MANAGEMENT OFFICIALS IS REQUIRED BY AT LEAST TWO TRUSTEES. Pt VI, Line 15b APPROVAL OF EMPLOYMENT AND COMPENSATION FOR KEY EMPLOYEES IS REQUIRED BY AT LEAST TWO TRUSTEES.