JAPANTOWN COMMUNITY BENEFIT DISTRICT INC (EIN 823098216) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

GRACE HORIKIRI

Phone

4152655207

Tax Period

2024-07-01 to 2025-06-30

JAPANTOWN COMMUNITY BENEFIT DISTRICT INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $524K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $652K exceeded revenue, resulting in a 24% operating deficit.

Mission

The Japantown CBD will focus on providing environmental and economic enhancements to the district; including graffiti removal, pressure washing, marketing, and beautification improvements.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $112,528

Program Service Revenue $403,949

Investment Income $7,367

Other Revenue $0

TOTAL REVENUE $523,844

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,165

Fundraising Expenses $0

Program Expenses $362,137

Other Expenses $478,465

TOTAL EXPENSES $651,630

Year-over-Year Comparison

	2024	2023	Change
Revenue	$523,844	$569,049	-0.1%
Expenses	$651,630	$718,067	-0.1%
Net Income	$-127,786	$-149,018	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

123

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

$70,428

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT SAKAI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID DUNHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY ISHISAKI	TREASURER	2.00	Officer Director	$0	$0	$0
DANIEL BRYON	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE ISHII	BOARD MEMBER	1.00	Director	$0	$0	$0
JUNICHI IKEDA	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM KOLBE	BOARD MEMBER	0.00	Director	$0	$0	$0
KATHY NELSON	SECRETARY	2.00	Officer Director	$0	$0	$0
GRACE HORIKIRI	EXECUTIVE DIRECTOR	30.00	Officer	$70,428	$0	$70,428
EUNICE ASHIZAWA	BOARD MEMBER	1.00	Director	$0	$0	$0
AMIT PATEL	BOARD MEMBER	1.00	Director	$0	$0	$0
DARIUS SALFOROOSH	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	$523,844	$651,630	$726,024	$-127,786
2024	No data	No data	No data	No data
2023	$865,828	$825,518	$1,051,236	$40,310
2022	$502,428	$736,047	$934,918	$-233,619
2021	$976,650	$957,892	$1,180,772	$18,758
2020	$488,831	$501,271	$1,149,759	$-12,440
2019	$1,169,545	$266,543	$1,205,006	$903,002

JAPANTOWN COMMUNITY BENEFIT DISTRICT INC