Saratoga, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hakone Foundation, founded in 2002, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 14% surplus.
Hakone Foundation is dedicated to preserving the historic legacy and authenticity of Hakone Estates and Gardens for public benefit, and promoting Asian cultural exchange through educational experiences. Originally built in 1915 as a private residence, today Hakone Estates and Gardens is one of the oldest Japanese gardens in the Western Hemisphere and a cherished public park by the local California Bay Area Community. Owned by the City of Saratoga since 1966, Hakone Foundation has independently operated Hakone on behalf of the City since 2000, hosting 40,000-65,000 visitors annually and maintaining . traditional Japanese gardens, a koi pond, several historic buildings and architectural features, a cultural with rotating art exhibits, and 4 traditional Japanese tea ceremony tetami spaces. Hakone Foundation presents numerous educational programs throughout the year to promote its mission of Asian cultural exchange, including Haname (cherry blossom viewing), Toro Nagashi (floating lantern
One of the National Trust for Historic Preservations premier site and 100 years old, Hakone is one of the oldest Japanese estate, retreat and gardens in the Western Hemisphere. Hakone has also been...
One of the National Trust for Historic Preservations premier site and 100 years old, Hakone is one of the oldest Japanese estate, retreat and gardens in the Western Hemisphere. Hakone has also been on the National Register of Historic Places since 2013. The garden is 18 acres nestled on the verdant hills of Saratoga overlooking Silicon Valley. This timeless oasis of peace provides the perfect venue for weddings, birthdays, baby showers, family celebrations and memorial services. Additionally, Hakone has become a favorite destination for company retreats, offsite business meetings, corporate conferences and seminars. The garden carries on the Japanese spirit by hosting annual events such as Origami, Story Telling, Docent Tour/Tea Ceremony, Hina (Japanese Girl Festival), Tanabata (Wish upon the star festival), Toro Nagashi (Floating lantern ceremony), Kadomatsu Workshop (Japanese New Year decoration), Flower Arrangement Workshop, Dai-Chaki and Lunar Festival.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,869,196 | $1,849,105 | +0.0% |
| Expenses | $1,600,151 | $1,372,237 | +0.2% |
| Net Income | $269,045 | $476,868 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Meredith Lee | Executive Director | 40.00 |
Officer
Key Emp
Highest
|
$95,067 | $5,819 | $100,886 |
| Kookie Fitzsimmons | Trustee/City Council | 2.00 |
Director
|
$0 | $0 | $0 |
| Phyllis Tung | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Sandy Miller | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Beverly Harada | Vice Chairperson | 2.00 |
Officer
|
$0 | $0 | $0 |
| Emily Lo | Chairperson | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Connie Young Yu | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Faramarz Yazdani | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ann Waltonsmith PhD | Immediate Past Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Yuki Hashimoto | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Hiroshi Tomita | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Bonnie Yamaoka | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Chuck Page | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Adrienne Reiko Iwanaga | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,869,196 | $1,600,151 | $3,300,635 | $269,045 |
| 2024 | $1,849,105 | $1,372,237 | $3,036,318 | $476,868 |
| 2023 | $1,644,816 | $1,282,686 | $2,498,236 | $362,130 |
| 2022 | $1,988,608 | $1,212,979 | $2,540,612 | $775,629 |
| 2021 | $1,725,113 | $1,164,838 | $1,355,242 | $560,275 |
| 2020 | $1,004,467 | $1,217,105 | $834,172 | $-212,638 |
| 2019 | $1,323,077 | $1,200,451 | $878,113 | $122,626 |
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