WORLD SHIBORI NETWORK FOUNDATION

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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

2022

Legal Domicile

Phone

5104208455

Tax Period

2024-01-01 to 2024-12-31

WORLD SHIBORI NETWORK FOUNDATION, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $415K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $379K left a modest 9% surplus.

Mission

CELEBRATE AND PRESERVE JAPANESE SHIBORI AND OTHER HERITAGE TEXTILE TECHNIQUES. BRIDGE THE ANCIENT AND CONTEMPORARY IN TEXTILE TECHNOLOGIES TO REIMAGINE AND CREATE FOR TODAY AND FOR A SUSTAINABLE FUTURE. SUPPORT THE COMMUNITY. CONNECT PRACTITIONERS, ARTISTS, SCHOLARS, AND BUSINESS

Program Service Accomplishments

Program 1

Expenses: $133,020 Revenue: $271,018

TRAVEL PROGRAMS

Program 2

Expenses: $18,975 Revenue: $11,996

MERCHANDISE FABRICS, DVDS, PRINTS, TOOLS, DYE, TENUGUI

Program 3

Revenue: $45,859

PROGRAMS AND WORKSHOPS TO TEACH HERITAGE CRAFT

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $403,061

Program Service Revenue $0

Investment Income $0

Other Revenue $11,996

TOTAL REVENUE $415,057

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,001

Fundraising Expenses $0

Program Expenses $151,995

Other Expenses $375,603

TOTAL EXPENSES $378,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$415,057	$581,972	-0.3%
Expenses	$378,604	$479,039	-0.2%
Net Income	$36,453	$102,933	-0.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA SHAPIRO	SECRETARY	1.00	Officer Director	$0	$0	$0
NANCY SALUMBIDES MANOUSOS	TREASURER	1.00	Officer Director	$0	$0	$0
YOSHIKO WADA	PRESIDENT	35.00	Officer Director	$0	$0	$0
HIROSHI MURASE	TRUSTEE	5.00	Director	$0	$0	$0
SVETLANA STANISL SANA GOUS	TRUSTEE	1.00	Director	$0	$0	$0
RIKI NISHIMURA	TRUSTEE	1.00	Director	$0	$0	$0
DAVID SALAMA	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW MEYER	TRUSTEE	1.00	Director	$0	$0	$0
JOYCE MARTIN	TRUSTEE	1.00	Director	$0	$0	$0
MELISSA RINNE	TRUSTEE	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
2024	$415,057	$378,604	$166,225	$36,453
2023	$581,972	$479,039	$124,574	$102,933