Japanese American Association Charitable Fund
- Assets
- $1.0m
- Revenue
- $489.4k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 07/1967
- Data as of
- 12/2021
- EIN
- 13-6222615
Organization Overview
Japanese American Association Charitable Fund is located in New York, NY. The organization was established in 1967. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Japanese American Association Charitable Fund employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japanese American Association Charitable Fund 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 12/2021, Japanese American Association Charitable Fund generated $489.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $482.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PLEASE SEE ORGANIZATION'S MISSION ON SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE INCORPORATE THE EDUCATIONAL & CULTURAL CLASSES CONDUCTED AT THE FACILITY INCLUDE APPLE KID GROUP ACTIVITIES; BILINGUAL EDUCATION WORKSHOPS AND PLAY DATES; BASEBALL GAMES HELD AT CENTRAL PARK AND RANDALL'S ISLAND EVERY SUNDAY MORNING FROM MAY TO AUGUST; JAPANESE LANGUAGE WORKSHOP AT FALL AND SAKURA HEALTH FAIR (SPRING) AND AUTUMN HEALTH FAIR (FALL). DUE TO COVID-19, JAA CANCELLED SOME EVENTS SUCH AS SPRING JAPANESE LANGUAGE WORKSHOP, BUT WE HELD ONLINE EVENT OF SPRING HEALTH FAIR AND SAKURA MATSURI.THE DIGITAL MUSEUM OF THE HISTORY OF JAPANESE IN NEW YORK IS A PLATFORM TO COLLECT, PRESERVE, AND DISPLAY ARCHIVAL DOCUMENTS, PHOTOGRAPHS, FILMS, LETTERS, AND NEWS REPORTS. THESE MATERIALS RELATE TO THE FIELDS OF POLITICS, DIPLOMACY, BUSINESS, SCIENCE, CULTURE, SPORTS, EDUCATION, COMMUNITY, AND MEDIA, AMONG OTHERS RELATED TO JAPANESE IN NEW YORK.
WELFARE SERVICE FOR THE ELDERLY INCLUDES SENIOR LUNCHEON PROGRAMS FOR ONCE OR TWICE A MONTH, CONSULTATION ON LEGAL MATTERS, HOUSING, HEALTH AND OTHERS; LUNCH DELIVERY TO HOME BOUND SENIORS; SUPPORT TO FILL OUT APPLICATION FORMS OF REPLACEMENT OF GREEN CARDS AND OTHERS; AND WORKSHOPS FOR SENIORS ON MEDICARE, MEDICAID, SOCIAL SECURITY AND OTHERS FOR ALL AGES.
SCHOLARSHIP AWARDS- AWARDED 10 SCHOLARSHIPS TO STUDENTS WHO ARE ATTENDING UNIVERSITIES IN U.S.A. FOR HIGHER EDUCATION. THE ORGANIZATION HELD ONLINE/YOU TUBE AWARD PRESENTATION IN JUNE DUE TO COVID-19 PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michiyo Noda Ed/board Member | OfficerTrustee | 40 | $54,080 |
Gary Moriwaki Honorary Pres. | OfficerTrustee | 2 | $0 |
Susan J Onuma President | OfficerTrustee | 5 | $0 |
Susan Mccormac V.p & Secretary | OfficerTrustee | 2 | $0 |
David Hiromura V.p & Treasurer | OfficerTrustee | 3 | $0 |
Julie Azuma V.p & Asst. Sec | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $83,730 |
| Fundraising events | $179,407 |
| Related organizations | $0 |
| Government grants | $15,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $242,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $520,684 |
| Total Program Service Revenue | $13,058 |
| Investment income | $348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,742 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$55,165 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,371 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $47,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,554 |
| Compensation of current officers, directors, key employees. | $19,366 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,064 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,297 |
| Payroll taxes | $5,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,721 |
| Advertising and promotion | $4,811 |
| Office expenses | $22,660 |
| Information technology | $1,412 |
| Royalties | $0 |
| Occupancy | $179,760 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,954 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,717 |
| Insurance | $8,596 |
| All other expenses | $0 |
| Total functional expenses | $482,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $473,046 |
| Savings and temporary cash investments | $346,752 |
| 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 | $4,876 |
| Net Land, buildings, and equipment | $144,457 |
| Investments—publicly traded securities | $3,195 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,733 |
| Total assets | $1,022,059 |
| Accounts payable and accrued expenses | $32,353 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $32,353 |
| Net assets without donor restrictions | $420,192 |
| Net assets with donor restrictions | $569,514 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,022,059 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Japanese American Association Charitable Fund has recieved totaling $59,558.
| Awarding Organization | Amount |
|---|---|
Asian American Coalition For Children And Families Inc New York, NY PURPOSE: CAPACITY BUILDING FOR ASIAN AMERICAN ORGANIZATIONS | $34,000 |
J C C Fund New York, NY PURPOSE: GENERAL SUPPORT | $23,500 |
Circle Of Service Foundation Chicago, IL PURPOSE: MATCHING/DISCRETIONARY | $2,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $40 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Endowment Analysis
| Beg. Balance | $50,000 |
| Ending Balance | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |