Jba Foundation
- Assets
- $488.3k
- Revenue
- $162.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Gardena, CA
- Founding
- 07/1992
- Data as of
- 03/2024
- EIN
- 95-4066415
Organization Overview
Jba Foundation is located in Gardena, CA. The organization was established in 1992. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Jba 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 03/2024, Jba Foundation generated $162.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $81.0k during the year ending 03/2024. 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
TO PROMOTE AND SUPPORT EDUCATIONAL ACTIVITIES BETWEEN THE US AND JAPAN AND TO PROMOTE AND SUPPORT NON-PROFIT CHARITABLE ORGANIZATIONS WHOSE WORK BENEFITS THE WELFARE OF THE JAPANESE AMERICAN COMMUNITY,
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL CONTRIBUTIONS ARE MADE BY THE ORGANIZATION TO VARIOUS EDUCATIONAL INSTITUTIONS IN THE SOUTHERN CALIFORNIA AREA. COMMUNITY EVENT SUPPORT - TO SUPPORT NON-PROFIT ORGANIZATIONS AND CULTURAL EVENTS WHICH PROVIDE THE WELFARE OF THE JAPANESE AMERICAN AND GENERAL SOUTHERN CALIFORNIA COMMUNITIES.
US EDUCATORS TO JAPAN PROGRAM-SEND US TEACHERS/EDUCATORS TO JAPAN TO GIVE THEM EDUCATIONAL AND CULTURAL INSIGHT INTO THE COUNTRY FOR THE UNDERSTANDING OF US/JAPAN RELATIONS. REVENUE FOR THIS PROGRAM NORMALLY COMES FROM THE ANNUAL GOLF TOURNAMENT FUNDRAISER. THIS PROGRAM WAS NOT HELD IN THE LAST FEW YEARS DUE TO COVID-19 AND TRAVEL RESTRICTIONS.
THE FOUNDATION OCCASIONALLY SOLICITS CONTRIBUTIONS IN SUPPORT OF DISASTER RELIEF AS THESE UNPLANNED EVENTS OCCUR. CONTRIBUTIONS HAVE BEEN RECEIVED FOR THE NOTO PENINSULA EARTHQUAKE DISASTER AND WILL BE DONATED IN THE NEXT FISCAL YEAR..
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fumio Yasue Secretary | OfficerTrustee | 10 | $0 |
Masahiko Yamamoto President | OfficerTrustee | 1 | $0 |
Hitoshi Kusakabe Vice President | OfficerTrustee | 1 | $0 |
Tomoki Nakatani Treasurer | OfficerTrustee | 1 | $0 |
Michiko Hashimawari Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $82,820 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,485 |
| Noncash contributions included in lines 1a–1f | $7,028 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,305 |
| Total Program Service Revenue | $0 |
| Investment income | $13,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$10,135 |
| Net Income from Gaming Activities | $4,545 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $162,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,680 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Accounting | $9,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,900 |
| Advertising and promotion | $0 |
| Office expenses | $171 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $550 |
| Travel | $29,949 |
| 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 | $0 |
| Total functional expenses | $80,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,660 |
| Savings and temporary cash investments | $365,589 |
| 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 | $2,789 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,244 |
| Total assets | $488,282 |
| Accounts payable and accrued expenses | $8,000 |
| 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 | $8,000 |
| Net assets without donor restrictions | $408,797 |
| Net assets with donor restrictions | $71,485 |
| 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 | $488,282 |
Grants Awarded
Over the last fiscal year, Jba Foundation has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ASAHI GAKUEN PURPOSE: Educational | $10,000 |
NISEI WEEK FOUNDATION INC PURPOSE: Cultural | $5,000 |