Fukai Kankei Taiken Inc

Nonprofit profile at a glance

EIN
872597837
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Harvard, MA, USA
Phone
6174475491
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$75,400
Expenses
$91,131
Assets
$14,760
Liabilities
$783

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Gregory Stoddard (Board Chair/CEO)

People named in this filing

  • Gregory Stoddard (Board Chair/CEO)
  • Ronald Carroll (Director)
  • Suzanne Allen (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

FKTI furthers several charitable purposes: 1) Increasing access to high-value, transformative educational experiences, especially for those who do not normally have access to them. 2) Foster international ties with Japan for segments of the US student population for whom such ties are out of reach. 3) Provide high quality educational services for teens and adults that want to further their cultural education about Japan through travel.

What it reported doing in 2024

"FKTI served 8 youth and 5 adults in 2024, providing 2 high-value educational trips to Japan. Adult participants pay above-cost tuition, with the surplus funding free spots for youth selected by a local Boys and Girls Club who could not otherwise afford to participate. In total, FKTI provided 46 travel days for its participants, as well as approximately 100 hours of classroom language, culture and history education to both adults and youth."

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.2%; rating input score 96
  • Program expense ratio: 79.6%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -20.9%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 12.7%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 96.2% of revenue deployed · 79.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $73K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 1 filing year from 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.