Akira Arimura Foundation
- Assets
- $357.0k
- Revenue
- $11.3k
- Investments
- $341.3k
- Employees
- 0
- Location
- Lake Charles, LA
- Founding
- 01/1989
- Data as of
- 06/2023
- EIN
- 72-1127616
Organization Overview
Akira Arimura Foundation is located in Lake Charles, LA. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Akira Arimura Foundation 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 06/2023, Akira Arimura Foundation generated $11.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $35.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Arimura President | 1 | $0 | |
Dr Jerome Arimura Director | 1 | $0 | |
Dr Roy Weiner Director | 1 | $0 | |
Dr Seiji Shioda Director | 1 | $0 | |
Dr Atsuro Miyata Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,250 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,117 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,331 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,050 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $35,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,495 |
| Savings and temporary cash investments | $5,110 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,082 |
| Total assets | $356,958 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Akira Arimura Foundation has awarded $32,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DR BRIANA CHEN PURPOSE: FIRST YEAR OF THE TWO-YEAR RESEARCH GRANT | $25,000 |
2022 VIP PACAP SYMPOSIUM PURPOSE: CONTRIBUTION TO THE 15TH ANNUAL VIP PACAP SYMPOSIUM | $7,000 |