JAPAN BUSINESS SOCIETY OF DETROIT FOUNDATION

EIN: 383038586 501(c)(3) Philanthropy & Grantmaking

NOVI, MI

Total Revenue
$108,180
Total Expenses
$107,090
Total Assets
$1,175,101
Net Assets
$1,175,101
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MI
Principal Officer
HARUHISA KAWASE
Phone
2485136354
Tax Period
2025-01-01 to 2025-12-31

JAPAN BUSINESS SOCIETY OF DETROIT FOUNDATION, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $108K in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. Net assets of $1.2M represent 130 months of operating reserves.

Mission

TO ENHANCE MUTUAL UNDERSTANDING AND FRIENDSHIP BETWEEN MICHIGAN AND JAPAN BY PROVIDING ONGOING SUPPORT TO EDUCATIONAL INSTITUTIONS AND OTHER NON-PROFIT ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $70,845

ANNUAL GRANTS U.S. JAPAN RELATIONS

Program 2
Expenses: $29,616

JCMU SCHOLARSHIPS EDUCATION AND RESEARCH

Program 3

YFU SCHOLARSHIPS EDUCATION AND RESEARCH

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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 (2025)

Revenue Breakdown

Contributions & Grants $92,485
Program Service Revenue $0
Investment Income $542
Other Revenue $15,153
TOTAL REVENUE $108,180

Expense Breakdown

Grants Paid $98,670
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $100,461
Other Expenses $8,420
TOTAL EXPENSES $107,090

Year-over-Year Comparison

2025 2024 Change
Revenue $108,180 $86,602 +0.2%
Expenses $107,090 $102,512 +0.0%
Net Income $1,090 $-15,910 -1.1%
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
10
Employees
N/A
Volunteers
10

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
$89,700
Total Directors
16
$89,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARUHISA KAWASE SECRETARY 2.00
Officer Director
$0 $0 $89,700
KEITA MORITSU PRESIDENT 1.00
Officer Director
$0 $0 $0
HIROAKI YAMASAKI PRESIDENT - PART YEAR 1.00
Officer Director
$0 $0 $0
YASUNORI KOBAYASHI TREASURER 1.00
Officer Director
$0 $0 $0
ANTHONY RAY BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID RODEN BOARD MEMBER - PART YEAR 1.00
Director
$0 $0 $0
FUMIHIKO MIZUTANI BOARD MEMBER - PART YEAR 1.00
Director
$0 $0 $0
KATSUYOSHI MASUMOTO BOARD MEMBER 1.00
Director
$0 $0 $0
KEN HIRONAKA BOARD MEMBER 1.00
Director
$0 $0 $0
KUNIHARU MORITA BOARD MEMBER 1.00
Director
$0 $0 $0
MANORI SUZUKI BOARD MEMBER 1.00
Director
$0 $0 $0
MASATO KANEHIRO BOARD MEMBER - PART YEAR 1.00
Director
$0 $0 $0
NAOYA KODAMA BOARD MEMBER - PART YEAR 1.00
Director
$0 $0 $0
SHINGO SHIMADA BOARD MEMBER 1.00
Director
$0 $0 $0
SHUICHI OGA BOARD MEMBER 1.00
Director
$0 $0 $0
TOSHIAKI SAKAGUCHI 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
2025 $108,180 $107,090 $1,175,101 $1,090
2024 No data No data No data No data
2023 $125,808 $102,783 $1,085,682 $23,025
2022 $81,781 $108,235 $1,051,712 $-26,454
2021 $105,402 $91,082 $1,102,145 $14,320
2020 $91,991 $11,535 $1,096,500 $80,456
2019 $148,353 $161,932 $1,010,827 $-13,579
2018 $181,145 $162,969 $1,093,877 $18,176
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