LITTLE TOKYO TOWERS INC (EIN 952742514) - Form 990 Financial Analysis & Trantor Score

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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

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.

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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 $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

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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

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

LITTLE TOKYO TOWERS INC