OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY FOUNDATION INC

EIN: 831791477 501(c)(3) International Affairs

IRVINGTON, NY

Total Revenue
$470,888
Total Expenses
$242,614
Total Assets
$358,488
Net Assets
$354,364
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
TAKESHI UESHIMA
Phone
9142964260
Tax Period
2021-01-01 to 2021-12-31

OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY FOUNDATION INC, founded in 2018, is a small nonprofit in the International Affairs sector that reported $471K in total revenue in fiscal year 2021. Revenue surged 245% from the prior year, signaling strong growth momentum. The organization ran a surplus of $228K, a strong 48% operating margin.

Mission

MISSION STATEMENT:CHARITIBLE SUPPORT FOR OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY GRADUATE UNIVERSITY (OIST) AND US-JAPAN SCIENCE PROGRAMS. THE OIST FOUNDATION COLLABORATES WITH THE OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY GRADUATE UNIVERSITY (OIST) (WWW.OIST.JP) TO ACCOMPLISH OUR COMMON GOALS IN SCIENCE AND INNOVATION. OIST IS A PIONEERING GRADUATE UNIVERSITY THAT BRIDGES DISCIPLINES TO EXPLORE NEW FRONTIERS OF SCIENTIFIC KNOWLEDGE. OIST EDUCATES A NEW GENERATION OF SCIENTIFIC LEADERS, ENCOURAGES BOLD THINKING, AND STRIVES FOR EXCELLENCE. A CATALYST FOR BREAKTHROUGH INNOVATION LOCALLY AND GLOBALLY, OIST BRIDGES OKINAWA, JAPAN, AND THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $67,750

SUPPORTING SCIENTIFIC BREAKTHROUGHS: THE OIST FOUNDATION SUPPORTS SCIENTIFIC BREAKTHROUGHS BY FUNDING INNOVATIVE RESEARCH AT OIST, HELPING OIST RESEARCHERS FOSTER STRATEGIC PARTNERSHIPS IN THE U.S...

Read more

SUPPORTING SCIENTIFIC BREAKTHROUGHS: THE OIST FOUNDATION SUPPORTS SCIENTIFIC BREAKTHROUGHS BY FUNDING INNOVATIVE RESEARCH AT OIST, HELPING OIST RESEARCHERS FOSTER STRATEGIC PARTNERSHIPS IN THE U.S., AND DEVELOPING ENDOWED PROFESSORSHIPS. OIST DELIVERS WORLD-LEADING RESEARCH AND A WORLD-CLASS PH.D. PROGRAM IN THE SCIENCES. THE OIST FOUNDATION WORKS WITH OIST TO ASSIST THE UNIVERSITY IN ITS STRATEGIC GROWTH IN THESE AREAS. AS THE UNIVERSITY GROWS, THE OIST FOUNDATION AIMS TO ASSIST OIST IN DEVELOPING ENDOWED PROFESSORSHIPS AND IN SUPPORTING CAMPUS EXPANSION IN ORDER TO ENSURE THE UNIVERSITY HAS GLOBAL IMPACT. THE OIST FOUNDATION WORKS CLOSELY WITH OIST ON NAMING OPPORTUNITIES FOR BUILDINGS, CONFERENCE ROOMS, AND ALSO ENDOWED PROFESSORSHIPS.

Program 2
Expenses: $10,000

CONNECT THE U.S. AND JAPAN THROUGH SCIENCE: THE OIST FOUNDATION FOSTERS OPPORTUNITIES FOR U.S.-JAPAN COLLABORATION IN SCIENCE AND TECHNOLOGY AND PROMOTES U.S.-JAPAN SCIENCE DIPLOMACY THROUGH EVENTS...

Read more

CONNECT THE U.S. AND JAPAN THROUGH SCIENCE: THE OIST FOUNDATION FOSTERS OPPORTUNITIES FOR U.S.-JAPAN COLLABORATION IN SCIENCE AND TECHNOLOGY AND PROMOTES U.S.-JAPAN SCIENCE DIPLOMACY THROUGH EVENTS, WORKSHOPS, AND STRATEGIC PARTNERSHIPS. THE UNITED STATES AND JAPAN ARE BOTH WORLD LEADERS IN THE FIELD OF SCIENCE AND TECHNOLOGY. SINCE THE SIGNING OF THE U.S.-JAPAN AGREEMENT ON COOPERATION IN SCIENCE AND TECHNOLOGY IN 1988 AND ITS EXTENSION IN 2014, THE TWO COUNTRIES HAVE COLLABORATED ON COMPLICATED ISSUES RANGING FROM LIFE SCIENCES TO SPACE. THESE ACHIEVEMENTS ILLUSTRATE THAT ENHANCING SCIENTIFIC COOPERATION PRESENTS AN OPPORTUNITY TO STRENGTHEN THE U.S.-JAPAN ALLIANCE AND FURTHER ITS ROLE IN ADDRESSING CRITICAL GLOBAL CHALLENGES.THE OIST FOUNDATION ACHIEVES THIS THROUGH: 1) BRINGING TOGETHER LEADING SCHOLARS AND THINKERS FROM JAPAN AND THE U.S. TO EXAMINE AND DISCUSS THESE TOPICS, 2) ASSISTING THE OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY IN DEVELOPING RESEARCH LINKS WITH INSTITUTIONSIN THE UNITED STATES, AND 3) BRINGING TOGETHER LEADERS IN ENTREPRENEURSHIP AND VENTURE CAPITAL IN THE U.S. AND JAPAN TO WORK WITH OIST TO BUILD AN INNOVATION ECOSYSTEM IN OKINAWA, AND 4) CULTIVATING A STRONG OIST ALUMNI NETWORK IN THE UNITED STATES.

Program 3
Expenses: $107,676

88 KEYS CAMPAIGN: WE DEVELOPED A SPECIAL CAMPAIGN TO RAISE FUNDS FOR MUSIC X SCIENCE ACTIVITIES AND FOR A PIANO FOR OIST.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $452,918
Program Service Revenue $0
Investment Income $17,970
Other Revenue $0
TOTAL REVENUE $470,888

Expense Breakdown

Grants Paid $33,065
Salaries & Benefits $0
Fundraising Expenses $31,787
Program Expenses $194,502
Other Expenses $209,549
TOTAL EXPENSES $242,614

Year-over-Year Comparison

2021 2020 Change
Revenue $470,888 $136,403 +2.5%
Expenses $242,614 $88,858 +1.7%
Net Income $228,274 $47,545 +3.8%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
6
Volunteers
11

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LT GEN C GREGSON TRUSTEE 2.00
Director
$0 $0 $0
YUKO KAKAZU TRUSTEE 2.00
Director
$0 $0 $0
MINORU KANO TRUSTEE 2.00
Director
$0 $0 $0
EDWARD KUBA TRUSTEE 2.00
Director
$0 $0 $0
FAISAL MAHMOOD TRUSTEE 2.00
Director
$0 $0 $0
HIROYUKI FUJITA TRUSTEE 2.00
Director
$0 $0 $0
TAKESHI UESHIMA CHAIR OF THE BOARD 2.00
Officer Director
$0 $0 $0
JULIE M WRIGHT VICE CHAIR OF THE BOARD 2.00
Officer Director
$0 $0 $0
RHONDA DONAHOE TREASURER 2.00
Officer Director
$0 $0 $0
DAVID JANES MANAGING DIRECTOR AND SECRETARY 20.00
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
2021 $470,888 $242,614 $358,488 $228,274
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY FOUNDATION INC with other nonprofits in New York and across the country.