Japan Business Association of Seat… - Form 990 Financial Data

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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

2023

Legal Domicile

Principal Officer

ASAMI TSURUTA

Phone

4256795120

Tax Period

2024-01-01 to 2024-12-31

Japan Business Association of Seattle, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $298K in total revenue in fiscal year 2024. Expenses of $351K exceeded revenue, resulting in a 18% operating deficit.

Mission

The Japan Business Association of Seattle (Shunjukai) aims to foster collaboration, provide support, and ensure representation for Japanese businesses and individuals in Washington State. Its mission includes supporting Japanese businesses through resource sharing, promoting community participation and networking, advocating for Japanese interests with a diverse membership, aligning with educational and cultural values, and ensuring ethical governance and financial responsibility as a nonprofit entity.

Program Service Accomplishments

Program 1

Expenses: $191,603 Revenue: $276,525

The business and cultural program of the Japan Business Association of Seattle (Shunjukai) focuses on fostering collaboration and engagement among its members while promoting Japanese business and...

The business and cultural program of the Japan Business Association of Seattle (Shunjukai) focuses on fostering collaboration and engagement among its members while promoting Japanese business and cultural values within Washington State. It achieves this through diverse membership categories to encourage participation, platforms for community and family engagement, support for Japanese initiatives like the Consulate-General of Japan and the Seattle Japanese School, transparent governance with member voting on key decisions, and events that promote dialogue, collaboration, and advocacy for Japanese interests.

Program 2

Expenses: $10,432 Revenue: $1,247

The community affairs achievements of the Japan Business Association of Seattle (Shunjukai) include fostering active engagement among its diverse membership categories, which include businesses...

The community affairs achievements of the Japan Business Association of Seattle (Shunjukai) include fostering active engagement among its diverse membership categories, which include businesses, individuals, and organizations aligned with Japanese cultural and business values. The organization provides platforms for members and their families to participate in events and activities, promoting cultural ties and professional networks.

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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 $268,242

Program Service Revenue $9,530

Investment Income $7,368

Other Revenue $13,107

TOTAL REVENUE $298,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $193,285

Fundraising Expenses $0

Program Expenses $202,035

Other Expenses $157,553

TOTAL EXPENSES $350,838

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,247	N/A	N/A
Expenses	$350,838	N/A	N/A
Net Income	$-52,591	N/A	N/A

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

$99,405

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Asami Tsuruta	Executive Dir.	40.00	Officer	$99,405	$0	$99,405
Harry Nomoto	Administrative Assistant	40.00		$78,072	$0	$78,072
Mnabu Miroku	President	0.00	Officer Director	$0	$0	$0
Tomohiro Asano	Vice President	0.00	Officer Director	$0	$0	$0
Takeshi Ando	Vice President	0.00	Officer Director	$0	$0	$0
Yusuke Morimoto	Director	0.00	Director	$0	$0	$0
Takashige Maebayashi	Director	0.00	Director	$0	$0	$0
Hideaki Katsube	Director	0.00	Director	$0	$0	$0
Nobuyuki Odagiri	Director	0.00	Director	$0	$0	$0
Taro Kumashiro	Director	0.00	Director	$0	$0	$0
Manabu Fukushima	Director	0.00	Director	$0	$0	$0
Tamako Hayashi	Treasurer	0.00	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
2024	$298,247	$350,838	$202,959	$-52,591

Japan Business Association of Seattle