NICHI BEI FOUNDATION

EIN: 270700443 501(c)(3) Arts, Culture & Humanities

SAN FRANCISCO, CA

Total Revenue
$884,557
Total Expenses
$887,322
Total Assets
$174,249
Net Assets
$148,900
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
EDITH HORNER
Phone
4156731009
Tax Period
2023-07-01 to 2024-06-30

NICHI BEI FOUNDATION, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $885K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

CONNECT, INFORM AND EMPOWER THE JAPANESE AMERICAN COMMUNITH THROUGH THE PUBLICATION OF NICHI BEI WEEKLY AND COMMUNITY EVENTS SUCH AS FILMS OF REMBRANCE, TOURS OF HISTORIC SITES AND OTHER EVENTS.

Program Service Accomplishments

Program 1
Expenses: $594,709 Revenue: $212,881

PUBLICATION OF COMMUNITY NEWSPAPER AND NEWS AND CULTURE WEBSITE FOR JAPANESE AMERICAN AND THE LARGER ASIAN AMERICAN COMMUNITY.

Program 2
Expenses: $163,254 Revenue: $54,449

HOST FILM FESTIVAL, TOURS OF HISTORICAL SITES, FOOD FESTIVAL AND OTHER COMMUNITY EVENTS FOR THE JAPANESE AMERICAN AND ASIAN AMERICAN 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 (2023)

Revenue Breakdown

Contributions & Grants $628,981
Program Service Revenue $244,486
Investment Income $2,496
Other Revenue $8,594
TOTAL REVENUE $884,557

Expense Breakdown

Grants Paid $0
Salaries & Benefits $426,384
Fundraising Expenses $51,311
Program Expenses $757,963
Other Expenses $454,938
TOTAL EXPENSES $887,322

Year-over-Year Comparison

2023 2022 Change
Revenue $884,557 $644,824 +0.4%
Expenses $887,322 $775,900 +0.1%
Net Income $-2,765 $-131,076 -1.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
9
Employees
9
Volunteers
150

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
$103,814
Total Directors
10
$96,800
Key Employees
1
$96,800
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENJI G TAGUMA PRESIDENT 040.00
Officer Director Key Emp Highest
$96,800 $0 $96,800
EDITH HORNER CHIEF FINANCIAL OFFICER 005.00
Officer
$7,014 $0 $7,014
KIYOMI TAKEDA DIRECTOR 001.00
Director
$0 $0 $0
GRAIG INABA DIRECTOR 001.00
Director
$0 $0 $0
LAURIE SHIGEKUNI BOARD VICE CHAIR 002.00
Officer Director
$0 $0 $0
NANCY UKAI BOARD CHAIR 002.00
Officer Director
$0 $0 $0
COURTNEY IWANAGA SECRETARY 002.00
Officer Director
$0 $0 $0
WESLEY UEUNTEN DIRECTOR 001.00
Director
$0 $0 $0
YUKI NISHIMURA DIRECTOR 001.00
Director
$0 $0 $0
WENDY YAMISHITA DIRECTOR 001.00
Director
$0 $0 $0
KOJI LAU-OZAWA DIRECTOR 001.00
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
2025 No data No data No data No data
2024 $884,557 $887,322 $174,249 $-2,765
2023 $644,824 $775,900 $186,658 $-131,076
2022 $684,621 $656,979 $279,383 $27,642
2021 $585,341 $511,879 $213,871 $73,462
2021 $585,341 $470,658 $254,341 $114,683
2020 $552,897 $498,763 $139,904 $54,134
2019 $509,056 $430,443 $107,437 $78,613
2018 $386,266 $344,485 $26,147 $41,781
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