LITTLE TOKYO COMMUNITY COUNCIL INC

EIN: 200258503 501(c)(3) Community Improvement

LOS ANGELES, CA

Total Revenue
$300,391
Total Expenses
$358,123
Total Assets
$574,635
Net Assets
$566,158
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Phone
2132935822
Tax Period
2024-01-01 to 2024-12-31

LITTLE TOKYO COMMUNITY COUNCIL INC, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $300K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $358K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO ENSURE THAT LITTLE TOKYO WOULD BE A VIABLE CENTER FOR THE JAPANESE AMERICAN COMMUNITY AND THE LOS ANGELES DOWNTOWN COMMUNITY. THE COUNCIL SHALL WORK TO CREATE A VISION OF WHAT LITTLE TOKYO SHOULD BE IN THE FUTURE AND SERVE AS AN ADVOCATE ON BEHALF OF THE LITTLE TOKYO COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $138,084
Program Service Revenue $150,447
Investment Income $7,000
Other Revenue $4,860
TOTAL REVENUE $300,391

Expense Breakdown

Grants Paid $0
Salaries & Benefits $257,879
Fundraising Expenses $0
Program Expenses $218,356
Other Expenses $100,244
TOTAL EXPENSES $358,123

Year-over-Year Comparison

2024 2023 Change
Revenue $300,391 $470,231 -0.4%
Expenses $358,123 $291,318 +0.2%
Net Income $-57,732 $178,913 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
25
Independent Members
25
Employees
5
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH FUKUI Secretary 2.00
Director
$0 $0 $0
CHRIS KOMAI VICE CHAIR 2.00
Officer Director
$0 $0 $0
JAN FUKUHARA BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES CHOI Treasurer 2.00
Officer Director
$0 $0 $0
PAUL ABE BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG AIHARA BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS AIHARA BOARD MEMBER 1.00
Director
$0 $0 $0
REV WILLIAM BRIONES BOARD MEMBER 1.00
Director
$0 $0 $0
ANN BURROUGHS BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE CAMPOS BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCIS CULLADO BOARD MEMBER 1.00
Officer Director
$0 $0 $0
BRANDON LEONG BAORD MEMBER 1.00
Director
$0 $0 $0
CLEMENT HANAMI BOARD MEMBER 1.00
Director
$0 $0 $0
CANDICE SHIKAI BAORD MEMBER 1.00
Director
$0 $0 $0
BRIAN KITO BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN KUMAMOTO BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN LEE BOARD CHAIR 2.00
Officer Director
$0 $0 $0
JEFF LIU BOARD MEMBER 1.00
Director
$0 $0 $0
SARA HUTTER BOARD MEMBER 1.00
Director
$0 $0 $0
GWEN MURANAKA BOARD MEMBER 1.00
Director
$0 $0 $0
ERICH NAKANO BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES OKAZAKI BOARD MEMBER 1.00
Director
$0 $0 $0
TETSU SHIOTA BOARD MEMBER 1.00
Director
$0 $0 $0
DON TAHARA BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA WYATT BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $300,391 $358,123 $574,635 $-57,732
2023 $470,231 $291,318 $693,444 $178,913
2022 $581,051 $334,914 $513,681 $246,137
2021 $331,327 $278,979 $310,133 $52,348
2020 $514,395 $406,549 $270,840 $107,846
2020 $382,753 $325,591 $131,981 $57,162
2019 $245,603 $267,683 $35,902 $-22,080
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