THE HAWAII JAPANESE SCHOOL

EIN: 990223896 501(c)(3) Education

HONOLULU, HI

Total Revenue
$1,227,369
Total Expenses
$1,229,667
Total Assets
$1,864,152
Net Assets
$1,344,940
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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
1975
Legal Domicile
HI
Principal Officer
YUICHIRO SEKIGUCHI
Phone
8089473111
Tax Period
2023-04-01 to 2024-03-31

THE HAWAII JAPANESE SCHOOL, founded in 1975, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE JAPANESE CULTURE, ARTS AND LANGUAGE ALONG WITH AMERICAN HERITAGE TO ENCOURAGE COLLABORATIVE INTERNATIONAL THINKING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $332,868
Program Service Revenue $860,582
Investment Income $28,456
Other Revenue $5,463
TOTAL REVENUE $1,227,369

Expense Breakdown

Grants Paid $500
Salaries & Benefits $749,340
Fundraising Expenses $0
Program Expenses $829,199
Other Expenses $479,827
TOTAL EXPENSES $1,229,667

Year-over-Year Comparison

2023 2022 Change
Revenue $1,227,369 $932,394 +0.3%
Expenses $1,229,667 $977,026 +0.3%
Net Income $-2,298 $-44,632 -0.9%
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
50
Volunteers
420

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAIKI HAYAKAWA PRESIDENT 1.00
Officer Director
$0 $0 $0
TOMONORI BAMBA VP & AUDITOR 1.00
Officer Director
$0 $0 $0
NAOHITO HAJIRI VICE CHAIRMAN OF EXECUTIVE COMMITTEE/SECRETARY 1.00
Officer Director
$0 $0 $0
TOMOKO TANEGA TREASURER 1.00
Officer Director
$0 $0 $0
KEN TAKEBAYASHI DIRECTOR 1.00
Director
$0 $0 $0
YUICHIRO SEKIGUCHI DIRECTOR 1.00
Director
$0 $0 $0
KAZUKI FUNATO DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDER SHARP DIRECTOR 1.00
Director
$0 $0 $0
RITSUKO OSETO DIRECTOR 1.00
Director
$0 $0 $0
RUMIKO NAKAGAWA DIRECTOR 1.00
Director
$0 $0 $0
MORIYUKI ARASAKI DIRECTOR 1.00
Director
$0 $0 $0
TAICHI HASEGAWA FORMER VP & CHAIRMAN OF EXECUTIVE COMMITTEE 1.00
Officer 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
2025 No data No data No data No data
2024 $1,227,369 $1,229,667 $1,864,152 $-2,298
2023 $932,394 $977,026 $1,829,026 $-44,632
2022 $1,342,521 $982,953 $1,872,090 $359,568
2021 $737,308 $924,960 $1,837,239 $-187,652
2020 $1,178,512 $1,067,314 $1,784,511 $111,198
2019 $1,147,581 $1,090,355 $1,743,655 $57,226
2018 $1,134,392 $1,079,297 $1,671,876 $55,095
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