Toyo Sakumoto Charitable Tr
- Assets
- $675.6k
- Revenue
- $71.0k
- Investments
- $648.3k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 10/2001
- Data as of
- 03/2024
- EIN
- 99-6089401
Organization Overview
Toyo Sakumoto Charitable Tr is located in Honolulu, HI. The organization was established in 2001. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toyo Sakumoto Charitable Tr 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, Toyo Sakumoto Charitable Tr generated $71.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $40.2k during the year ending 03/2024. While expenses have increased by 1.2% per year over the past 4 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,385 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,005 |
| Capital Gain Net Income | $50,005 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $600 |
| Total Revenue | $70,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,273 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $448 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,700 |
| Total operating and administrative expenses | $10,719 |
| Contributions, gifts, grants paid | $29,500 |
| Total expenses and disbursements | $40,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $751 |
| Savings and temporary cash investments | $26,548 |
| 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 | $648,326 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $675,625 |
| 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, Toyo Sakumoto Charitable Tr has awarded $29,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF HAWAII AT HILO PURPOSE: SCHOLARSHIPS | $1,500 |
UNIVERSITY OF PHOENIX PURPOSE: SCHOLARSHIPS | $1,000 |
UNIVERSITY OF HAWAII - MANOA PURPOSE: SCHOLARSHIPS | $22,500 |
CHAMINADE UNIVERSITY OF HONOLULU PURPOSE: SCHOLARSHIPS | $4,500 |