JAPANESE FESTIVAL OF HOUSTON INC

EIN: 472688965 501(c)(3) Arts, Culture & Humanities

HOUSTON, TX

Total Revenue
$20,031
Total Expenses
$11,161
Total Assets
$12,659
Net Assets
$12,659
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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
2014
Legal Domicile
TX
Principal Officer
PATSY BROWN
Phone
7139630121
Tax Period
2019-01-01 to 2019-12-31

JAPANESE FESTIVAL OF HOUSTON INC, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $20K in total revenue in fiscal year 2019. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9K, a strong 44% operating margin.

Mission

INTRODUCE THE PUBLIC TO AND EDUCATE THE PUBLIC ON JAPANESE CULTURE VIA THE ANNUAL FESTIVAL.

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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 (2019)

Revenue Breakdown

Contributions & Grants $93,380
Program Service Revenue $0
Investment Income $0
Other Revenue $-73,349
TOTAL REVENUE $20,031

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,161
Other Expenses $11,161
TOTAL EXPENSES $11,161

Year-over-Year Comparison

2019 2018 Change
Revenue $20,031 $16,388 +0.2%
Expenses $11,161 N/A N/A
Net Income $8,870 $16,388 -0.5%
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
500

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH HAFNER JR DIRECTOR N/A
Director
$0 $0 $0
WILLIAM WEILAND DIRECTOR N/A
Director
$0 $0 $0
PATSY BROWN EXECUTIVE DI N/A
Officer
$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
2019 $20,031 $11,161 $12,659 $8,870
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