Japan America Society Of Hawaii
- Assets
- $876.5k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Honolulu, HI
- Founding
- 04/2003
- Data as of
- 12/2023
- EIN
- 99-0359990
Organization Overview
Japan America Society Of Hawaii is located in Honolulu, HI. The organization was established in 2003. 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 12/2023, Japan America Society Of Hawaii employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan America Society Of Hawaii 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 12/2023, Japan America Society Of Hawaii generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 9.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE UNDERSTANDING AND FRIENDSHIPS BETWEEN THE PEOPLE OF JAPAN AND THE UNITED STATES. THIS MISSION IS CARRIED OUT THROUGH VARIOUS EDUCATIONAL PROGRAMS, SEMINARS, AND SPECIAL PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SISTER STATE AND SISTER CITY SUMMIT - THIS PROGRAM PROVIDES AN INTERNATIONAL CONFERENCE BETWEEN HAWAII AND JAPAN SENIOR GOVERNMENT OFFICIALS AS WELL AS KEY BUSINESS, CULTURAL, EDUCATIONAL, AND CIVIC LEADERS TO CONNECT, STRENGTHEN RELATIONSHIPS, AND CREATE NEW INITIATIVES TO BOOST TRADE, DIRECT INVESTMENT, COLLABORATION, AND GOODWILL. THE CONFERENCE INCLUDED PANEL DISCUSSIONS FEATURING EXPERTS IN SUSTAINABLE ENERGY, BUSINESS AND ECONOMY, SUSTAINABLE TOURISM, AND EDUCATION AS WELL AS FEATURING A MARKETPLACE WHERE ORGANIZATIONS COULD SHARE PRODUCTS AND SERVICES.
KIZUNA GROUP - THE ORGANIZATION ASSISTS THE KIZUNA GROUP, A GROUP OF HAWAII BASED ORGANIZATIONS THAT COORDINATE HAWAII-JAPAN FUNCTIONS, ACTIVITIES, AND COMMUNITY MATTERS.NEW YEAR'S RECEPTION - THE ORGANIZATION COORDINATES AN ANNUAL NEW YEAR'S RECEPTION WHICH INCLUDES A PROGRAM RELATING TO ITS MISSION, DEMONSTRATES JAPANESE CULTURE, AND FACILIATES SOCIAL NETWORKING BETWEEN CHILDREN SCHOOL PROGRAM ATTENDEES, ITS MEMBERS, AND ASSOCIATES.HAWAII 5:01 - THE ORGANIZATION COORDINATES SOCIAL EVENTS FOR ITS CORPORATE AND LIFETIME MEMBERS TO NETWORK WITH POTENTIAL MEMBERS, INVITED GUESTS, AND EACH OTHER. MEETINGS ARE HELD AT 5:01 P.M.TOMODACHI PROGRAMS - THE ORGANIZATION CONDUCTS PERIODIC EVENTS DESIGNED TO WELCOME NEWCOMERS TO HAWAII AND TO INTRODUCE THEM TO HAWAII'S CULTURAL AND HISTORICAL TREASURES.OTHER PROGRAMS - OTHER EDUCATIONAL PROGRAMS ARE PROVIDED TO THE MEMBERSHIP AND COMMUNITY AND INCLUDE SPEAKER PROGRAMS WITH AMERICAN AND JAPANESE AMBASSADORS AND EXPERTS IN BUSINESS AND ACADEMIA.
CHILDREN SCHOOL PROGRAM - THE FOCUS OF THIS PROGRAM IS TO TEACH HAWAII'S YOUNG CHILDREN IN KINDERGARTEN THROUGH GRADE 5 THE CONCEPT OF DIFFERENT PERSPECTIVES AND TO REINFORCE THAT CONCEPT WITH PROGRAMS IN GRADES 6 THROUGH 12.
THE CROWN PRINCE AKIHITO SCHOLARSHIP FOUNDATION - THE ORGANIZATION RECEIVES PROGRAM REVENUE FOR PROVIDING SUPPORT AND ASSISTANCE TO THE CROWN PRINCE AKIHITO SCHOLARSHIP FOUNDATION, WHOSE PURPOSE IS TO PROMOTE HARMONIOUS AND FRIENDLY RELATIONS BETWEEN THE UNITED STATES AND JAPAN BY PROMOTING EDUCATIONAL AND CULTURAL ACTIVITIES AND OFFERING SCHOLARSHIPS TO STUDY IN HAWAII AND JAPAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shigeto Aoki Director | Trustee | 0.12 | $0 |
Takeshi Aoki Director | Trustee | 0.12 | $0 |
David Asanuma Director | Trustee | 0.12 | $0 |
Sachi Braden Director | Trustee | 0.12 | $0 |
Betty Brow Director | Trustee | 0.24 | $0 |
Stanford S Carr Director | Trustee | 0.12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $70,017 |
| Fundraising events | $285,861 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $815,899 |
| Noncash contributions included in lines 1a–1f | $99,852 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,171,777 |
| Total Program Service Revenue | $275,626 |
| Investment income | $9,575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$161,177 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,295,801 |
| 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. | $122,495 |
| Compensation of current officers, directors, key employees. | $81,143 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,739 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,126 |
| Payroll taxes | $23,927 |
| 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 | $3,228 |
| Fees for services: Other | $156,960 |
| Advertising and promotion | $0 |
| Office expenses | $59,909 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,062 |
| Travel | $146,541 |
| 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 | $1,375 |
| Insurance | $0 |
| All other expenses | $11,053 |
| Total functional expenses | $1,185,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $321,698 |
| Savings and temporary cash investments | $27,750 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,358 |
| 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 | $13,666 |
| Net Land, buildings, and equipment | $5,557 |
| Investments—publicly traded securities | $397,979 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $86,446 |
| Total assets | $876,454 |
| Accounts payable and accrued expenses | $11,781 |
| Grants payable | $0 |
| Deferred revenue | $19,155 |
| 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 | $87,389 |
| Total liabilities | $118,325 |
| Net assets without donor restrictions | $504,494 |
| Net assets with donor restrictions | $253,635 |
| 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 | $876,454 |