Cosmos Gakuin Japanese School

Nonprofit profile at a glance

EIN
352822203
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Redondo Beach, CA, USA
Phone
3106782053
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Reported finances

Revenue
$513,791
Expenses
$496,217
Assets
$25,122
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KANAE SAHARA (DIRECTOR AND PRESIDENT)
  • KEIKO DE LA TORRE (VICE PRESIDENT)

Highest reported compensation

  • KANAE SAHARA (DIRECTOR AND PRESIDENT): $48,000 total reported compensation
  • YUKIKO UEDA (SECRETARY AND CFO): $46,189 total reported compensation
  • KEIKO DE LA TORRE (VICE PRESIDENT): $45,600 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

"striving forward, connecting the future for tomorrow's global citizens"children growing up in los angeles come to cosmos academy from families of diverse backgrounds to discover their roots & develop their identities through childcare & classroom education. We believe that children who have the strength to strive forward will grow to be future leaders while developing an interest in japan. I am certain that that desire to study japanese language & culture will become a pillar of strength for these children.from this time onward, our faculty & staff will work together to create a safe & enjoyable educational environment. We make this pledge so that children who hope to fly high & free in the world can become a bridge between japan & the united states, & continue to move forward into the future.as a japanese supplementary school, cosmos academy would like to take on the mission of watching over the sparkling smiles of children together with parents & the local community.

What it reported doing in 2024

Programs: japanese language art, math, music, physical education, calligraphy class, art class

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 92
  • Accountability: 56
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.1%; rating input score 82
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.4%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 28.2%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 85.9% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 85.7% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 107.6% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 82.1% of revenue deployed · 85% of spending went to programs
  • Governance: 4 of 5 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $422K in reported program spending
  • Leadership: top reported pay $48K · 5 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 6 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.