LITTLE TOKYO TOWERS INC

🔒

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

1971

Legal Domicile

Principal Officer

LISA ARAKAKI

Phone

2132000184

Tax Period

2024-01-01 to 2024-12-31

LITTLE TOKYO TOWERS INC, founded in 1971, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $12.1M exceeded revenue, resulting in a 612% operating deficit.

Mission

TO PROVIDE HOUSING FOR LOWER-INCOME FAMILIES AND FAMILIES IN NEED, INCLUDING BUT NOT LIMITED TO SENIOR CITIZENS AND HANDICAPPED MEMBERS OF THE COMMUNITY. AND TO PROVIDE RESIDENTS OF THE HOUSING COMMUNITY THE SERVICES NECESSARY TO OBTAINING AN OVERALL HEALTHY QUALITY OF LIFE.TO ACQUIRE, OWN, PLAN, DEVELOP, CONSTRUCT, OPERATE, MAINTAIN AND IMPROVE LOW-INCOME AND AFFORDABLE RESIDENTIAL HOUSING, RELATED FACILITIES, AND SERVICES FOR RESIDENCE OF THE HOUSING COMMUNITY. RELATED FACILIATIES AND SERVICES SHALL INCLUDE, BUT NOT BE LIMITED TO, SOCIAL SERVICE FACILITIES, SOCIAL AND RECREATIONAL FACILITIES AND ANYOTHER FACILITIES IN THE COMMUNITY NECESSARY FOR THE WELLBEING OF THE LOW-INCOME RESIDENTS.TO PROVIDE RELIEF TO THE POOR AND DISTRESSED BY INVESTING IN AND SUPPORTING THE OVERALL HEALTH OF COMMUNITIES IN NEED IN ANY MANNER POSSIBLE, INCLUDING FINANCIALLY, CULTURALLY, PHYSICALLY, THROUGH SERVICES, AND THROUGH OTHER CHARITABLE ORGANIZATIONS.TO ASSIST, SUPPORT, AND WORK ALONGSIDE ORGANIZATIONS

Program Service Accomplishments

Program 1

Expenses: $12,002,367 Revenue: $874,802

THE ORGANIZATION IS A NONPROFIT THAT OWNED AN APARTMENT COMPLEX RENTING TO LOW INCOME, HANDICAPPED OR ELDERLY PERSONS. THE OPERATIONS ARE REGULATED AND CONTROLLED BY THE U.S. DEPARTMENT OF HOUSING...

THE ORGANIZATION IS A NONPROFIT THAT OWNED AN APARTMENT COMPLEX RENTING TO LOW INCOME, HANDICAPPED OR ELDERLY PERSONS. THE OPERATIONS ARE REGULATED AND CONTROLLED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. IT NOW OWNS THE APARTMENT COMPLEX THROUGH A GP OWNERSHIP INTEREST.

🔒

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 $0

Program Service Revenue $874,802

Investment Income $819,601

Other Revenue $0

TOTAL REVENUE $1,694,403

Expense Breakdown

Grants Paid $12,000,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,002,367

Other Expenses $63,896

TOTAL EXPENSES $12,063,896

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,694,403	$1,282,944	+0.3%
Expenses	$12,063,896	$275,109	+42.9%
Net Income	$-10,369,493	$1,007,835	-11.3%

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

N/A

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
ROBERT M KAWAHARA	President	8.00	Officer Director	$0	$0	$0
KENT KAWAI	Vice President	5.00	Officer Director	$0	$0	$0
LISA ARAKAKI	Treasurer	3.00	Officer Director	$0	$0	$0
AMBER MURAKAMI-FESTER	Director	1.00	Director	$0	$0	$0
REV SHUMYO KOJIMA	Director	1.00	Director	$0	$0	$0
REV MASAAKI ABE SHIRAIWA	Director	1.00	Director	$0	$0	$0
REV BILL BRIONES	Director	1.00	Director	$0	$0	$0
REV RICHARD KUYAMA	Director	1.00	Director	$0	$0	$0
JAMIE MORISHIMA	Director	1.00	Director	$0	$0	$0
MINIVER CHOI	Secretary	2.00	Officer Director	$0	$0	$0
KAZUO ODA	Director	1.00	Director	$0	$0	$0
BRIAN YAMASAKI	Director	1.00	Director	$0	$0	$0
RYAN IWASAKA	Director	1.00	Director	$0	$0	$0
NANCY TAKAYAMA	Director	1.00	Director	$0	$0	$0
ROGER ISHIHARA	Director	1.00	Director	$0	$0	$0
MARIKO ROOKS	Director	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	$1,694,403	$12,063,896	$36,229,917	$-10,369,493
2023	$1,282,944	$275,109	$44,003,144	$1,007,835
2022	$397,619	$125,953	$40,092,194	$271,666
2021	$39,677,553	$2,494,477	$40,283,180	$37,183,076
2020	$2,591,382	$2,218,695	$3,142,090	$372,687
2019	$2,448,576	$2,180,204	$2,807,721	$268,372
2018	$2,330,460	$2,177,689	$2,509,571	$152,771