Sakura Educational Exchanges Usa Inc
- Assets
- $1.4m
- Revenue
- $113.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 12/1991
- Data as of
- 03/2024
- EIN
- 52-1682350
Organization Overview
Sakura Educational Exchanges Usa Inc is located in Rockville, MD. The organization was established in 1991. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sakura Educational Exchanges USA 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 03/2024, Sakura Educational Exchanges USA Inc generated $113.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $187.8k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
OPERATING A PRE-ACADEMIC COLLEGE PROGRAM WHICH PREPARES STUDENTS FOR STUDY AT AN AMERICAN COLLEGE OR UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUNIOR AND SENIOR HIGH SCHOOL PROGRAM: THIS IS A TRAVEL STUDY PROGRAM THAT LASTS 8 TO 15 DAYS. THE GOAL IS TO OFFER AN INTENSIVE CONVERSATIONAL ENGLISH PROGRAM FOR AGES 15-18. THE STUDENTS ALSO PARTICIPATE IN TRIPS TO VARIOUS CITIES IN THE USA AND CANADA.
BOARDING HIGH SCHOOL EXCHANGE PROGRAM: THIS IS A PLACEMENT MONITORING PROGRAM DESIGNED TO PLACE JAPANESE HIGH SCHOOL STUDENTS IN AMERICA BOARDING HIGH SCHOOLS. SEE USA TYPICALLY MONITORS STUDENTS' SCHOOL LIFE TOWARD COMPLETION OF EITHER A ONE YEAR EXCHANGE OR A HIGH SCHOOL GRADUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Takae Otani President | OfficerTrustee | 40 | $0 |
Tadashi Inque Secretary/tr | OfficerTrustee | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $113,843 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $113,843 |
| 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. | $22,776 |
| Compensation of current officers, directors, key employees. | $22,776 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,257 |
| Fees for services: Accounting | $5,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,840 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,260 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,258 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,912 |
| Total functional expenses | $187,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,785 |
| Savings and temporary cash investments | $493,900 |
| 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 | $0 |
| Investments—publicly traded securities | $813,473 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,277 |
| Total assets | $1,428,435 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $1,428,435 |
| Total liabilities and net assets/fund balances | $1,428,435 |