Japanese Restaurant Association Of American
- Assets
- $47.3k
- Revenue
- $223.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 95-4758327
Organization Overview
Japanese Restaurant Association Of American is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japanese Restaurant Association Of American is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Japanese Restaurant Association Of American generated $223.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $204.2k during the year ending 12/2022. While expenses have increased by 21.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIFIC AND PRIMARY PURPORSE OF THIS ORGANIZATION IS TO ESTABLISH AN ENVIRONMENT OF COOPERATION AND MUTUAL HELPFULNESS AMONG ITS MEMBERS AND TO EDUCATE AND PROTECT ITS MEMBERS SO TO ENHANCE THE EFFICIENT AND ECONOMIC PROGRESS OF ITS MEMBERS.TO REFORM ABUSES AND TO PROMOTE PRINCIPLES OF JUSTICE AND EQUITY TOWARD AND IN THE RESTAURANT BUSINESS;TO ENCOURAGE FREQUENT CONSULTATION AMONG ITS MEMBERS FOR THE PROMOTION OF THE COMMON INTERESTS OF ITS MEMBERS; AND TO DO ALL SUCH ACTS AND THINGS AS MAY BE NECESSARY,PROPER AND ADVISABLE IN INCREASING THE RESTAURANT BUSINESS OF ITS MEMBERS AND FOR FACILITATING THE SAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JAPANESE FOOD FESTIVAL - TO PROMOTE AND EDUCATE THE GENERAL PUBLIC ABOUT JAPANESE FOOD.
EDUCATIONAL - PROVIDE RELEVANT INFORMATION TO JAPANESE RESTAURANTS, WHOLESALERS AND MAKERS REGARDING RELEVANT TOPICS IMPACTING THE FOOD SERVICE INDUSTRY VIA SEMINARS AND NEWSLETTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kentaro Masuda President | OfficerTrustee | 1 | $2,000 |
Kenkou Sone Chairman | Trustee | 0 | $0 |
Norio Kamiya Asst Pres | OfficerTrustee | 1 | $0 |
Edwin Takahashi Treasurer | OfficerTrustee | 0 | $0 |
Shoichi Hagiwara Vice President | OfficerTrustee | 0 | $0 |
Toshiaki Toyoshima President | OfficerTrustee | 0 | $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 | $210,867 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,741 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $223,608 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $940 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,000 |
| Compensation of current officers, directors, key employees. | $200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,162 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $344 |
| Office expenses | $2,035 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| 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 | $671 |
| All other expenses | $2,604 |
| Total functional expenses | $204,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,334 |
| Savings and temporary cash investments | $0 |
| 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 | $47,334 |
| 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 | $47,334 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $47,334 |