Furuya Foundation
- Assets
- $109.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 20-0026129
Organization Overview
Furuya Foundation is located in Los Angeles, CA. The organization was established in 2009. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Furuya Foundation 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, Furuya Foundation generated $114.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $111.6k during the year ending 12/2023. While expenses have increased by 0.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OPERATE THE AIKIDO CENTER OF LOS ANGELES, LLC, WHICH TEACHES THE GENERAL PUBLIC ABOUT THE MARTIAL ARTS OF AIKIDO AND IAIDO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William D'angelo President | 8 | $0 | |
Ken Watanabe Vice President | 8 | $0 | |
Paul Major Secretary | 0 | $0 | |
Michael Van Ruth Treasurer | 8 | $0 | |
David Ito Executive Dir. | 8 | $0 | |
Dale Okuno Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,826 |
| Total Program Service Revenue | $86,403 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,229 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,145 |
| Occupancy, rent, utilities, and maintenance | $56,522 |
| Printing, publications, postage, and shipping | $6,374 |
| Other expenses | $43,607 |
| Total expenses | $111,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $754 |
| Other assets | $0 |
| Total assets | $109,118 |
| Total liabilities | $68,883 |
| Net assets or fund balances | $40,235 |