Japanese American Association Charitable Fund
- Assets
- $3.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 07/1967
- Data as of
- 12/2023
- EIN
- 13-6222615
Organization Overview
Japanese American Association Charitable Fund is located in New York, NY. The organization was established in 1967. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Japanese American Association Charitable Fund employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japanese American Association Charitable Fund 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, Japanese American Association Charitable Fund generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $860.4k during the year ending 12/2023. While expenses have increased by 2.4% per year over the past 9 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
PLEASE SEE ORGANIZATION'S MISSION ON SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE SOCIAL WELFARE TO THE JAPANESE AND JAPANESE AMERICAN COMMUNITY THROUGH A NETWORK OF DEDICATED VOLUNTEERS. OUR COMMUNITY ACTIVITIES ARE FREE CONSULTATIONS ON LEGAL AND HEALTH-MEDICAL MATTERS, KEIROKAI (LUNCHEON FOR SENIORS AT JAA HALL, PICK UP AND LUNCH DELIVERY TO BEDRIDDEN SENIORS) AND APPLE KIDS GROUP ACTIVITIES FOR FAMILIES WITH YOUNG CHILDREN. WE PROVIDE CLASSES ON A VARIETY OF SUBJECTS AND TRANSMIT INFORMATION TO NEWCOMERS AND THE GENERAL COMMUNITY. WE SPONSOR BASEBALL GAMES AT CENTRAL PARK AND RANDALLS ISLAND EVERY SUNDAY MORNING FROM APRIL TO AUGUST, JAPANESE LANGUAGE WORKSHOPS, SAKURA MATSURI AT FLUSHING MEADOWS CORONA PARK AND TANABATA FESTIVAL AT CARL SCHURZ PARK. JAA MAINTAINS ARCHIVES IN THE NEW YORK AREA, SUPPORTS THE ORAL HISTORY PROJECT AND PROVIDES SCHOLARSHIP AWARDS TO GRADUATING HIGH SCHOOL SENIORS. JAA ORGANIZES THE COMMITTEE ON AGING ISSUES WITH THE CONSULATE GENERAL OF JAPAN IN NEW YORK AND OTHER CONCERNED ORGANIZATIONS IN THE NEW YORK AREA FOR THE PURPOSE OF RESEARCHING AND DEALING WITH THE INCREASING DEMANDS OF JAPANESE AND JAPANESE AMERICAN AGING POPULATION. WE HOLD TWO ANNUAL HEALTH FAIRS TO UPDATE INFORMATION FOR ALL AGES IN OUR COMMUNITY. JAA HAS CULTURAL CLASSES SUCH AS TEA CEREMONY, CALLIGRAPHY CLASS AND OTHERS. RECENTLY WE ARE THE CENTER OF THE DIGITAL MUSEUM OF THE HISTORY OF JAPANESE IN NEW YORK.
WELFARE SERVICE FOR THE ELDERLY INCLUDES SENIOR LUNCHEON PROGRAMS FOR ONCE OR TWICE A MONTH, CONSULTATION ON LEGAL MATTERS, HOUSING, HEALTH AND OTHERS; LUNCH DELIVERY TO HOME BOUND SENIORS; SUPPORT TO FILL OUT APPLICATION FORMS OF REPLACEMENT OF GREEN CARDS AND OTHERS; AND WORKSHOPS FOR SENIORS ON MEDICARE, MEDICAID, SOCIAL SECURITY AND OTHERS FOR ALL AGES.
SCHOLARSHIP AWARDS - AWARDED 11 SCHOLARSHIPS TO STUDENTS ATTENDING UNIVERSITIES IN U.S.A. FOR HIGHER EDUCATION. THE ORGANIZATION HELD AN AWARD PRESENTATION WITH KEYNOTE SPEAKER MR. HIYOYUKI FUJITA, CEO OF QUALITY ELECTRODYNAMICS , WITH 160 GUESTS AT THE HARVARD CLUB ON MAY 31, 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michiyo Noda Ed/board Member | OfficerTrustee | 40 | $67,000 |
Aiko Broday Board Member | Trustee | 2 | $7,500 |
Koji Sato President | OfficerTrustee | 5 | $0 |
Susan Onuma Honorary Pres. | OfficerTrustee | 2 | $0 |
Kumiko Hasegawa V.p & Secetary | OfficerTrustee | 5 | $0 |
Masaki Shimomura Assistant Treas | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $59,845 |
| Fundraising events | $64,518 |
| Related organizations | $0 |
| Government grants | $63,355 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,461,425 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,649,143 |
| Total Program Service Revenue | $17,445 |
| Investment income | $12,684 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,252 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $116,137 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,822,089 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,000 |
| Grants and other assistance to domestic individuals. | $64,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $73,500 |
| Compensation of current officers, directors, key employees. | $22,050 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,048 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $927 |
| Payroll taxes | $9,481 |
| 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 | $81,722 |
| Advertising and promotion | $6,975 |
| Office expenses | $32,051 |
| Information technology | $8,721 |
| Royalties | $0 |
| Occupancy | $169,356 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,709 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,504 |
| Insurance | $7,040 |
| All other expenses | $0 |
| Total functional expenses | $860,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $855,946 |
| Savings and temporary cash investments | $1,486,116 |
| Pledges and grants receivable | $15,000 |
| 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 | $12,553 |
| Net Land, buildings, and equipment | $53,817 |
| Investments—publicly traded securities | $2,275 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,343,254 |
| Total assets | $3,768,961 |
| Accounts payable and accrued expenses | $36,689 |
| Grants payable | $0 |
| Deferred revenue | $21,829 |
| 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 | $1,357,463 |
| Total liabilities | $1,415,981 |
| Net assets without donor restrictions | $1,774,190 |
| Net assets with donor restrictions | $578,790 |
| 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 | $3,768,961 |