VENICE JAPANESE COMMUNITY CENTER INC (EIN 956220754) - 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

1921

Legal Domicile

Principal Officer

BOB ONISHI

Phone

3108228885

Tax Period

2024-01-01 to 2024-12-31

VENICE JAPANESE COMMUNITY CENTER INC, founded in 1921, is a small nonprofit that reported $581K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $551K left a modest 5% surplus.

Mission

TO PRESERVE, SHARE AND PROMOTE THE JAPANESE AND JAPANESE AMERICAN CULTURE AND HERITAGE AND PROVIDE FOR THE NEEDS OF THE JAPANESE AMERICAN COMMUNITY THROUGH EDUCATION.

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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 $390,470

Program Service Revenue $195

Investment Income $44,965

Other Revenue $145,231

TOTAL REVENUE $580,861

Expense Breakdown

Grants Paid $32,702

Salaries & Benefits $72,680

Fundraising Expenses $49,075

Program Expenses $296,626

Other Expenses $445,782

TOTAL EXPENSES $551,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$580,861	$612,241	-0.1%
Expenses	$551,164	$440,138	+0.3%
Net Income	$29,697	$172,103	-0.8%

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
WESLEY SHIMODA	CHAIRMAN	10.00	Officer Director	$0	$0	$0
SHARON ARATANI	TREASURER	20.00	Officer Director	$0	$0	$0
KELVIN UYEDA	SECRETARY	10.00	Officer Director	$0	$0	$0
BOB ONISHI	PRESIDENT	5.00	Officer Director	$0	$0	$0
DAVID HIROTA	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN QUOCK	DIRECTOR	5.00	Director	$0	$0	$0
KAZIE KAME	DIRECTOR	5.00	Director	$0	$0	$0
JACK KURIHARA	DIRECTOR	5.00	Director	$0	$0	$0
ERIC INOUYE	DIRECTOR	5.00	Director	$0	$0	$0
KEN NAGAO	DIRECTOR	5.00	Director	$0	$0	$0
FUSAKO OGASAWARA	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN KUNISAKI	DIRECTOR	5.00	Director	$0	$0	$0
KEIICHI ONO	DIRECTOR	5.00	Director	$0	$0	$0
JOLYN BROOKES	DIRECTOR	5.00	Director	$0	$0	$0
TED NISHIMURA	DIRECTOR	5.00	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	$580,861	$551,164	$3,987,740	$29,697
2023	$612,241	$440,138	$3,850,531	$172,103
2022	$536,181	$354,343	$3,790,932	$181,838
2021	$522,790	$259,596	$3,501,776	$263,194
2020	$339,008	$284,634	$3,334,918	$54,374

VENICE JAPANESE COMMUNITY CENTER INC