Obirin Gakuen Foundation Of America
- Assets
- $963.4k
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 2
- Location
- Sacramento, CA
- Founding
- Data as of
- 07/2023
- EIN
- 27-2874405
Organization Overview
Obirin Gakuen Foundation Of America is located in Sacramento, CA. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2023, Obirin Gakuen Foundation Of America employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Obirin Gakuen Foundation Of America 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 07/2023, Obirin Gakuen Foundation Of America generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $3.5m during the year ending 07/2023. While expenses have increased by 4.1% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT EXCHANGES - HELP STUDENTS DEVELOP SKILLS THAT ENABLE THEM TO CONTRIBUTE TO SOCIETY IN A GLOBAL ENVIRONMENT. 41 OUTBOUND EXCHANGE STUDENTS AND 309 EXCHANGE STUDENTS INBOUND TO JAPAN WERE SERVED DURING THE FISCAL YEAR ENDED JULY 31, 2023.
SCHOLARSHIP PROGRAM - TO PROVIDE SCHOLARSHIPS TO QUALIFIED STUDENTS IN THE STUDY ABROAD PROGRAM. 15 SCHOLARSHIPS WERE AWARDED DURING THE SHORT YEAR ENDED JULY 31, 2023.
GLOBAL ISSUES NETWORK PROGRAM - PROMOTE CONFERENCES SYMPOSIA, FORUMS, INTERVIEWS, AND OTHER INTERCHANGES ON GLOBAL ISSUES FOR YOUTH, STUDENT, AND ADULT GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hiroaki Henri Hatayama Chair | 1 | $0 | |
James Jim Williams Vice Chair | 1 | $0 | |
Norma Fogelberg CFO | 2 | $0 | |
Careen Shannon Secretary | 2 | $0 | |
Mari Maruyama Carpenter Executive Dir. | 40 | $123,262 | |
Yoshiro Tanaka Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,701 |
| 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 | $3,507,580 |
| Total Revenue | $3,520,281 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $123,262 |
| Other employee salaries and wages | $110,815 |
| Pension plans, employee benefits | $6,268 |
| Interest | $0 |
| Taxes | $18,937 |
| Depreciation | $1,012 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $18,339 |
| Printing and publications | $0 |
| Other expenses | $3,170,221 |
| Total operating and administrative expenses | $3,504,124 |
| Contributions, gifts, grants paid | $42,854 |
| Total expenses and disbursements | $3,546,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,596 |
| Savings and temporary cash investments | $510,780 |
| Net Accounts receivable | $15,337 |
| 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 | $3,497 |
| Other assets | $413,175 |
| Total assets | $963,385 |
| Accounts payable and accrued expenses | $1,653 |
| 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 | $1,653 |
Grants Awarded
Over the last fiscal year, Obirin Gakuen Foundation Of America has awarded $42,767 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTOPHER BRISENDINE PURPOSE: SCHOLARSHIP FOR STUDY ABROAD AT JF OBERLIN UNIVERSITY IN JAPAN | $4,275 |
ABIGAIL JARMAN PURPOSE: SCHOLARSHIP FOR STUDY ABROAD AT JF OBERLIN UNIVERSITY IN JAPAN | $5,052 |
CHARLENE ROBERTS PURPOSE: SCHOLARSHIP FOR STUDY ABROAD AT JF OBERLIN UNIVERSITY IN JAPAN | $1,749 |
SARA VERNETTI PURPOSE: SCHOLARSHIP FOR STUDY ABROAD AT JF OBERLIN UNIVERSITY IN JAPAN | $1,749 |
ALEXANDRA EURE PURPOSE: SCHOLARSHIP FOR STUDY ABROAD AT JF OBERLIN UNIVERSITY IN JAPAN | $2,500 |
NATASHA FOERTSCH PURPOSE: SCHOLARSHIP FOR STUDY ABROAD AT JF OBERLIN UNIVERSITY IN JAPAN | $3,100 |