Takushi Family Foundation
- Assets
- $411.7k
- Revenue
- $47.1k
- Investments
- $135.5k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 12/1980
- Data as of
- 12/2021
- EIN
- 99-0196493
Organization Overview
Takushi Family Foundation is located in Honolulu, HI. The organization was established in 1980. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Takushi Family 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 12/2021, Takushi Family Foundation generated $47.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.8% each year . All expenses for the organization totaled $48.6k during the year ending 12/2021. While expenses have increased by 15.5% per year over the past 6 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blaise Takushi Vice President/director | 1 | $0 | |
Brent Takushi President/director | 1 | $0 | |
Morris Takushi Treasurer/director | 2 | $0 | |
Tani Takushi Secretary/director | 1 | $0 | |
Faye Takushi Vice President/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $495 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,574 |
| Net Rental Income | $7,380 |
| Net Gain on Sale of Assets | $3,136 |
| Capital Gain Net Income | $3,136 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,931 |
| Total Revenue | $47,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,099 |
| Depreciation | $9,457 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,439 |
| Printing and publications | $0 |
| Other expenses | $15,079 |
| Total operating and administrative expenses | $36,561 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $48,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,525 |
| Savings and temporary cash investments | $0 |
| 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 | $235,357 |
| Investments—mortgage loans | $0 |
| Investments—other | $33,262 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,330 |
| Total assets | $411,724 |
| 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 | $850 |
| Total liabilities | $850 |
Grants Awarded
Over the last fiscal year, Takushi Family Foundation has awarded $12,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HAWAII BAPTIST ACADEMY - HBA SCHOLARSHIP FUND PURPOSE: TO PROVIDE FINANCIAL SUPPORT FOR THE GENERAL PROGRAM. | $9,600 |
JUNIOR GOLF ASSOCIATION OF HAWAII PURPOSE: TO PROVIDE FINANCIAL SUPPORT FOR THE GENERAL PROGRAM. | $2,400 |