Japanese Childrens Society Inc
- Assets
- $6.3m
- Revenue
- $6.9m
- Investments
- $90.8k
- Employees
- 167
- Location
- Englewood Cliffs, NJ
- Founding
- 10/1982
- Data as of
- 03/2023
- EIN
- 13-3054371
Organization Overview
Japanese Childrens Society Inc is located in Englewood Cliffs, NJ. The organization was established in 1982. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2023, Japanese Childrens Society Inc employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japanese Childrens Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2023, Japanese Childrens Society Inc generated $6.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $7.7m during the year ending 03/2023. While expenses have increased by 2.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT CLASSES FROM KINDERGARTEN TO ELEMENTARY IN THE FIELD OF JAPANESE LANGUAGE AND CULTURAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toru Okamoto President | Officer | 40 | $179,696 |
Masahiro Kozuma Secretary & Treasurer | Officer | 40 | $155,927 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,628 |
| Total Program Service Revenue | $5,863,259 |
| Investment income | $3,315 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,913,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $319,822 |
| Compensation of current officers, directors, key employees. | $287,840 |
| Compensation to disqualified persons | $3,771,212 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $301,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $103,437 |
| Fees for services: Accounting | $28,417 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31,011 |
| Office expenses | $279,357 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $602,897 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,715 |
| Interest | $130,469 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $105,672 |
| Insurance | $684,478 |
| All other expenses | $333,725 |
| Total functional expenses | $7,729,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,191,180 |
| Savings and temporary cash investments | $237,924 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,915,027 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $90,836 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $828,880 |
| Total assets | $6,263,847 |
| Accounts payable and accrued expenses | $17,773 |
| Grants payable | $0 |
| Deferred revenue | $1,420,414 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,521,860 |
| Total liabilities | $3,960,047 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,303,800 |
| Total liabilities and net assets/fund balances | $6,263,847 |