THE FRIENDS OF THE JAPANESE HOUSE A

EIN: 232223316 501(c)(3) Arts, Culture & Humanities

PHILADELPHIA, PA

Total Revenue
$894,903
Total Expenses
$1,028,068
Total Assets
$203,116
Net Assets
$-28,408
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
PA
Principal Officer
JORGE LEON
Phone
2672373550
Tax Period
2023-01-01 to 2023-12-31

THE FRIENDS OF THE JAPANESE HOUSE A, founded in 1982, is a small nonprofit in the Arts, Culture & Humanities sector that reported $895K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 15% operating deficit.

Mission

JASGP INSPIRES MUTUAL CURIOSITY, UNDERSTANDING, AND COLLABORATION BETWEEN JAPAN AND THE PHILADELPHIA REGION. PROGRAMS: SHOFUSO JAPANESE HOUSE & GARDEN, SUBARU CHERRY BLOSSOM FESTIVAL, US JAPAN BUSINESS POLICY SERIES, ARTS, AND BUSINESS AND CULTURAL EDUCATION.

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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 $384,011
Program Service Revenue $437,473
Investment Income $0
Other Revenue $73,419
TOTAL REVENUE $894,903

Expense Breakdown

Grants Paid $0
Salaries & Benefits $453,817
Fundraising Expenses $67,760
Program Expenses $790,531
Other Expenses $574,251
TOTAL EXPENSES $1,028,068

Year-over-Year Comparison

2023 2022 Change
Revenue $894,903 $1,099,721 -0.2%
Expenses $1,028,068 $1,280,951 -0.2%
Net Income $-133,165 $-181,230 -0.3%
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

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Governance

Voting Members
21
Independent Members
21
Employees
16
Volunteers
N/A

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
5
$72,000
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORGE LEON BOARD PRESID 1.00
Officer Director
$0 $0 $0
REN EGAWA VICE PRESIDE 1.00
Officer Director
$0 $0 $0
VINCENT DROZD TREASURER 1.00
Officer Director
$0 $0 $0
NAN SATO SECRETARY 1.00
Officer Director
$0 $0 $0
DENNIS MORIKAWA HONORARY CO- 0.25
Director
$0 $0 $0
FRANK CHANCE BOARD MEMBER 0.25
Director
$0 $0 $0
JOHN F CLAYTON JR BOARD MEMBER 0.25
Director
$0 $0 $0
PAT DAILEY BOARD MEMBER 0.25
Director
$0 $0 $0
BRAD EDMISTER BOARD MEMBER 0.25
Director
$0 $0 $0
TOMOO ASAKA BOARD MEMBER 0.25
Director
$0 $0 $0
LEO A HOLT BOARD MEMBER 0.25
Director
$0 $0 $0
BILL LILLIS BOARD MEMBER 0.25
Director
$0 $0 $0
MIRAI YASUYAMA BOARD MEMBER 0.25
Director
$0 $0 $0
JOSH ONISHI BOARD MEMBER 0.25
Director
$0 $0 $0
LOU PADULO BOARD MEMBER 0.25
Director
$0 $0 $0
TADASHI YOSHIDA BOARD MEMBER 0.25
Director
$0 $0 $0
JOSEPH ZURITSKY BOARD MEMBER 0.25
Director
$0 $0 $0
DAVID BRIEL BOARD MEMBER 0.25
Director
$0 $0 $0
FREDERICK R DICKINSON BOARD MEMBER 0.25
Director
$0 $0 $0
MATHEW WILSON BOARD MEMBER 0.25
Director
$0 $0 $0
IAN MORAN BOARD MEMBER 0.25
Director
$0 $0 $0
KAZUMI TEUNE EXECUTIVE DI 35.00
Officer
$72,000 $0 $72,000
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 No data No data No data No data
2023 $894,903 $1,028,068 $203,116 $-133,165
2022 $1,099,721 $1,280,951 $361,702 $-181,230
2022 $1,100,881 $1,282,111 $361,702 $-181,230
2021 $1,135,428 $910,414 $441,517 $225,014
2020 $1,127,892 $1,169,101 $349,834 $-41,209
2019 $794,709 $1,115,764 $292,087 $-321,055
2018 $1,156,875 $1,052,364 $554,843 $104,511
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