Japan Business Association of Seattle

EIN: 934383257 Community Improvement

Bellevue, WA

Total Revenue
$298,247
Total Expenses
$350,838
Total Assets
$202,959
Net Assets
$-52,591
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
WA
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.

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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%)

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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

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Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
45

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
5
$99,405
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
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
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