Japan America Society Of Colorado
- Assets
- $361.6k
- Revenue
- $280.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Denver, CO
- Founding
- 08/1990
- Data as of
- 12/2021
- EIN
- 84-1125146
Organization Overview
Japan America Society Of Colorado is located in Denver, CO. The organization was established in 1990. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Japan America Society Of Colorado employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan America Society Of Colorado 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, Japan America Society Of Colorado generated $280.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $231.2k during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
JAPAN AMERICA SOCIETY OF COLORADO IS DEDICATED TO SUPPORTING PEOPLE TO PEOPLE RELATIONSHIPS BETWEEN COLORADO AND JAPAN BY SERVING AS A BRIDGE TO CONNECT VIA BUSINESS, EDUCATION, CIVIC, AND CULTURAL OPPORTUNITIES. WE ARE DEDICATED TO PROMOTING POSITIVE U.S.-COLORADO-JAPAN RELATIONS THROUGH DEVELOPING RELATIONSHIPS ON MANY LEVELS THROUGHOUT OUR STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHILE NOT BACK TO FULL PRE-PANDEMIC PROGRAM LEVELS AND ACTIVITIES, OUR PROGRAMMING INCREASED DRAMATICALLY YEAR-OVER-YEAR DUE TO CREATIVE RESCHEDULING AND PROMOTION OF INITIATIVES AND EVENTS AND USE OF OUTDOOR SPACES. ONE SUCH PROGRAM WAS OUR 2021 ANNUAL GALA. THE JASC INTENTIONALLY CHANGED THE TIMING OF THIS EVENT FROM NOVEMBER TO JULY IN ORDER TO COINCIDE WITH THE RESCHEDULED TOKYO OLYMPIC GAMES. THE GALA, WHICH IS A SIGNATURE EVENT FOR OUR ORGANIZATION, BECAME A LOCAL OLYMPIC WATCH PARTY NOT ONLY INCREASING AWARENESS AROUND OUR MISSION, BUT PROVIDING AN INTERACTIVE PLATFORM TO BUILD POSITIVE COLORADO - JAPAN RELATIONSHIPS, ALSO PART OF OUR MISSION.
THE JASC ANNUAL CHARITY GOLF TOURNAMENT IS AN IMPORTANT NETWORKING EVENT THAT ALLOWS MEMBERS OF THE LOCAL INTERNATIONAL BUSINESS COMMUNITY TO COME TOGETHER FOR A RELAXED DAY OF GOLF FOLLOWED BY A SUSHI DINNER. EMPLOYEES OF BOTH JAPANESE COMPANIES LOCATED IN COLORADO AND COLORADO COMPANIES DOING BUSINESS IN JAPAN HAVE THE CHANCE TO MEET AND LEARN FROM ONE ANOTHER. THIS FUN EVENT WAS MOVED TO OCTOBER THIS YEAR WHICH WAS A FUN CHANGE AND BROUGHT MUCH DESIRED COOLER WEATHER.
WITH RELIEF FROM COVID RESTRICTIONS, CULTURAL EVENTS CAME BACK IN 2021 AS BOTH LIVE AND VIRTUAL EVENTS, ALLOWING US TO REACH A BROADER CONSTITUENCY. WHILE WE STILL OFFERED SOME ONLINE EVENTS, ESPECIALLY EARLY IN THE YEAR, WE SLOWLY MOVED TO HYBRID AND IN-PERSON EVENTS AS THE YEAR PROGRESSED. THE JASC WAS HONORED AND RECOGNIZED FOR HOSTING AN IN-PERSON SYMPOSIUM OF ALL JAPAN AMERICA SOCIETIES FROM AROUND THE COUNTRY IN DENVER. ADDITIONALLY, JASC HOSTEDMANY OTHER BIG EVENTS TO INCREASE AWARENESS AND EXPAND RELATIONSHIPS, SUCH AS "ONIGIRI MAKING PARTY", A "NEW YEAR CARD MAKING PARTY", AND JASC MEMBER HOLIDAY PARTY, AMONG OTHERS.
OTHER PROGRAM SERVICE EXPENSES INCLUDES SALARIES AND BENEFITS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudine Locascio Executive Director | Officer | 40 | $76,988 |
Jessyca Livingston Program Coordinator | Officer | 20 | $25,637 |
Richard K Clark Senior Vice President | OfficerTrustee | 4 | $0 |
John Bywaters Treasurer | OfficerTrustee | 5 | $0 |
Tim Higashide Executive Vice President | OfficerTrustee | 2 | $0 |
Inta Morris President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $43,576 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,447 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,023 |
| Total Program Service Revenue | $170,032 |
| Investment income | $270 |
| 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 | $6,970 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $280,295 |
| 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. | $102,625 |
| Compensation of current officers, directors, key employees. | $16,654 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,159 |
| Payroll taxes | $8,812 |
| 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 | $10,100 |
| Advertising and promotion | $0 |
| Office expenses | $12,239 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,186 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,355 |
| All other expenses | $5,648 |
| Total functional expenses | $231,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,538 |
| Savings and temporary cash investments | $60,051 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $361,589 |
| 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 | $360,589 |
| Net assets with donor restrictions | $1,000 |
| 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 | $361,589 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Japan America Society Of Colorado has recieved totaling $107.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $107 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
One Earth Future Foundation Inc Louisville, CO | $32,439,797 | $15,055,056 |
La Napoule Art Foundation-Henry Clews Memorial Denver, CO | $2,950,593 | $634,903 |
Eurasia Group Foundation Albuquerque, NM | $704,541 | $1,068,150 |
Iitkgp Foundation Omaha, NE | $2,505,378 | $1,432,256 |
Rocky Mountain World Trade Center Institute Denver, CO | $429,481 | $884,267 |
Childrens Home Project Chandler, AZ | $441,482 | $526,696 |
Focus International Inc Wichita, KS | $189,341 | $406,961 |
The Americas Association For The Care Of Children Boulder, CO | $168,530 | $428,415 |
Ecumenical Project For International Cooperation Inc Allenspark, CO | $830,616 | $335,237 |
Tulsa Global Alliance Inc Tulsa, OK | $530,149 | $266,677 |
Japan America Society Of Colorado Denver, CO | $361,589 | $280,295 |
Manhattan His Association Manhattan, KS | $25,185 | $0 |