Japanese Friendship Garden of Phoenix Inc

EIN: 201978899 501(c)(3) Arts, Culture & Humanities

Phoenix, AZ

Total Revenue
$2,018,669
Total Expenses
$1,625,014
Total Assets
$2,037,471
Net Assets
$1,922,117
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
AZ
Phone
6022748700
Tax Period
2023-07-01 to 2024-06-30

Japanese Friendship Garden of Phoenix Inc, founded in 2004, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $394K, a strong 20% operating margin.

Mission

To provide a beautiful place of serenity, peace, education, and cultural engagement.

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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 (2023)

Revenue Breakdown

Contributions & Grants $124,866
Program Service Revenue $1,589,885
Investment Income $23,210
Other Revenue $280,708
TOTAL REVENUE $2,018,669

Expense Breakdown

Grants Paid $0
Salaries & Benefits $975,899
Fundraising Expenses $25,714
Program Expenses $1,358,072
Other Expenses $649,115
TOTAL EXPENSES $1,625,014

Year-over-Year Comparison

2023 2022 Change
Revenue $2,018,669 $1,771,959 +0.1%
Expenses $1,625,014 $1,499,874 +0.1%
Net Income $393,655 $272,085 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
45
Volunteers
582

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
7
$187,815
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Celina Coleman Prior Executive Director 40
Officer
$65,682 $0 $65,682
Ben Schrepf Executive Director 40
Officer
$78,526 $0 $78,526
Corey Strawhun Interim Co-ED 40
Officer
$43,607 $0 $43,607
Kiyoko Goldhardt Board President 3
Officer Director
$0 $0 $0
Sam Lowry Board Vice President 3
Officer Director
$0 $0 $0
Joanne Itow Board Secretary 3
Officer Director
$0 $0 $0
Christine Lindley Board Treasurer 3
Officer Director
$0 $0 $0
Sarah Allendar Board Member 3
Director
$0 $0 $0
Melissa Sanderson Board Member 3
Director
$0 $0 $0
Rick Tabbilos Board Member 3
Director
$0 $0 $0
Eric Farrer Board Member 3
Director
$0 $0 $0
John Holmes Board Member 3
Director
$0 $0 $0
Kathy Nakagawa Board Member 3
Director
$0 $0 $0
Avein Saaty-Tafoya Board Member 3
Director
$0 $0 $0
Sandra Inouye Board Member 3
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
2025 No data No data No data No data
2024 $2,018,669 $1,625,014 $2,037,471 $393,655
2023 $1,771,959 $1,499,874 $1,613,507 $272,085
2022 $1,555,171 $1,208,108 $1,324,055 $347,063
2021 $1,225,207 $699,473 $1,004,318 $525,734
2020 $607,719 $560,598 $590,765 $47,121
2019 $390,391 $367,374 $476,482 $23,017
2018 $388,547 $374,370 $454,140 $14,177
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