International Cultural & Friendship Association
- Assets
- $21.7k
- Revenue
- $22.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Mililani, HI
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 99-0291094
Organization Overview
International Cultural & Friendship Association is located in Mililani, HI. The organization was established in 1992. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Cultural & Friendship Association 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, International Cultural & Friendship Association generated $22.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $16.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERNATIONAL CULTURAL & FRIENDSHIP ASSOCIATION (ICFA) HELD VARIOUS CLASSES DURING THE FIRST TWO MONTHS OF 2020 TO PROMOTE CULTURAL AWARENESS IN ACTIVITIES SUCH AS YOGA FOUR TIMES A WEEK, TAI-CHI, HARMONICA, TAIKO (JAPANESE DRUM) TWO TIMES A WEEK, ZUMBA, ZENIDAIKO, HULA AND HEALTH EXERCISE. ICFA SUBSEQUENTLY TEMPORARILY SUSPENDED THESE ACTIVITIES DUE TO THE COVID-19 PANDEMIC AND STATE/COUNTY GOVERNMENT MANDATES BUT RESUMED IN MIDDLE OF CURRENT YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mamoru Yamasaki President | 8 | $0 | |
Masanobu Nishioka Vp/assistant Treasurer | 7 | $0 | |
Kiyoshi Hayashi Treasurer | 1 | $0 | |
Akio Akiyama Secretary | 0.5 | $0 | |
Ichiro Tsukuda Assistant Secretary | 2 | $0 | |
Yamasaki Yuhi Assistant Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,106 |
| Interest on Savings | $4 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,110 |
| 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 | $9,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,254 |
| Total operating and administrative expenses | $16,233 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $16,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,737 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $21,737 |
| 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, International Cultural & Friendship Association has awarded $1,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JAPAN AMERICAN SOCIETY OF HAWAII PURPOSE: TO FUND CHARITABLE NEEDS | $1,000 |
BOYS AND GIRLS CLUB OF HAWAII PURPOSE: TO FUND CHARITABLE NEEDS | $500 |