THE JAPANESE ASOCIATION OF GREATER BOSTON INC

EIN: 510187567 501(c)(3) Arts, Culture & Humanities

ARLINGTON, MA

Total Revenue
$101,073
Total Expenses
$115,628
Total Assets
$329,882
Net Assets
$329,882
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MA
Principal Officer
HIROKAZU HORIO
Phone
7816431061
Tax Period
2024-01-01 to 2024-12-31

THE JAPANESE ASOCIATION OF GREATER BOSTON INC, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $101K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $116K exceeded revenue, resulting in a 14% operating deficit.

Mission

DEVELOP A CULTURAL BRIDGE FOR JAPANESE NATIONALS LIVING IN THE U.S. FOR PROMOTION OF FRIENDSHIP AMONG JAPANESES NATIONALS AND THEIR NON-JAPANESE FRIENDS, LIVING IN THE GREATER BOSTON AREA; AND TO CONTRIBUTE TO A BETTER UNDERSTANDING AMONG ALL PEOPLE OF THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $37,174 Revenue: $69,998

THE ORGANIZATION IS THE SPONSOR OF CULTURAL EVENTS FOR JAPANESE NATIONALS IN THE PROMOTION OF FRIENDSHIP AND UNDERSTANDING OF U.S. LANGUAGE AND CUSTOMS. MEMBERSHIP SUPPORT IS PROVIDED BY 1 FULL...

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THE ORGANIZATION IS THE SPONSOR OF CULTURAL EVENTS FOR JAPANESE NATIONALS IN THE PROMOTION OF FRIENDSHIP AND UNDERSTANDING OF U.S. LANGUAGE AND CUSTOMS. MEMBERSHIP SUPPORT IS PROVIDED BY 1 FULL EQUIVALENT PART TIME PAID EMPLOYEE. MEMBERSHIP FEE COLLECTIONS ARE BASED UPON COVERING THE COST FOR EVENTS INCLUDING; NEW YEAR SOCIAL PARTY AND CELBRATING JAPANESES TRADITIONAL AGE DAY WHICH IS CALLED SEIJIN-SHIKI, CLASSIC MUSIC CONCERT, SUMMER SPORT ACTIVITES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $31,075
Program Service Revenue $58,586
Investment Income $11,412
Other Revenue $0
TOTAL REVENUE $101,073

Expense Breakdown

Grants Paid $0
Salaries & Benefits $45,229
Fundraising Expenses $0
Program Expenses $37,174
Other Expenses $70,399
TOTAL EXPENSES $115,628

Year-over-Year Comparison

2024 2023 Change
Revenue $101,073 $91,347 +0.1%
Expenses $115,628 $118,730 0.0%
Net Income $-14,555 $-27,383 -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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
1
Volunteers
12

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
6
$41,000
Total Directors
12
$41,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YASUO KUBOTA PRESIDENT 2.00
Officer Director
$0 $0 $0
HIROKAZU HORIO TREASURER 2.00
Officer Director
$0 $0 $0
MINO ENDO SECRETARY 30.00
Officer Director
$41,000 $0 $41,000
KAMIKO MATSUDA VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
YOSHIHARU MIZUI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKIHIKO KATO DIRECTOR 0.00
Officer Director
$0 $0 $0
TAKEHIRO KAWAMURA DIRECTOR 0.00
Director
$0 $0 $0
HIDEYUKI NISHIZAWA DIRECTOR 0.00
Director
$0 $0 $0
SAYURI BABA DIRECTOR 0.00
Director
$0 $0 $0
KENICHI MORIGUCHI DIRECTOR 0.00
Director
$0 $0 $0
YOSHIKI YAMASAKI DIRECTOR 0.00
Director
$0 $0 $0
SATOKO WATANABE DIRECTOR 0.00
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
2024 $101,073 $115,628 $329,882 $-14,555
2023 $91,347 $118,730 $344,437 $-27,383
2022 $65,010 $76,071 $371,820 $-11,061
2021 $59,357 $70,093 $382,881 $-10,736
2020 $67,658 $72,164 $393,617 $-4,506
2019 $390,416 $85,403 $398,123 $305,013
2018 $68,593 $78,074 $93,111 $-9,481
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