CVC Newbridge Academy Society
Publicly funded institution · Surrey, British Columbia · BN 763419322RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-07-31. Split of total expenditures ($666,931) as filed with the CRA.
CVC Newbridge Academy Society is a charitable organization based in Surrey, British Columbia, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending July 31, 2024, it reported $443K in revenue and $667K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 16% from government.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 8 permanent full-time positions.
Its filed list of directors and trustees shows 5 names.
In its own words
Cvc newbridge academy society operates newbridge academy school in south surrey offering bilingual bc curriculum to bc and international students with instructions in both english (core curriculum) and mandarin (mathematics and elective curriculum).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $443K | $667K | $667K | — | — | -$1.7M |
| 2023 | $575K | $682K | — | — | — | -$1.5M |
| 2022 | $575K | $761K | $761K | — | — | -$1.4M |
| 2021 | $446K | $727K | $697K | — | — | -$1.2M |
| 2020 | $321K | $601K | $615K | — | — | -$947K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,9995 positions
- $1–39,9992 positions
- Permanent full-time positions8
- Total compensation, all staff$535K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Ying Liu (president and member's moderat); Yanling Jin (director); Moti Bali (director); Srinivasan Rajgopal (director); Donghua Yang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from CVC Newbridge Academy Society’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 763419322RR0001), or read how we compute the receipt.