Nisei Student Relocation Commemorative Fund

Nonprofit profile at a glance

EIN
061021906
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Portland, CT, USA
Phone
8605103623
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$368,060
Expenses
$122,976
Assets
$3,700,112
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • PAUL Y WATANABE (PRESIDENT)

People named in this filing

  • PAUL Y WATANABE (PRESIDENT)
  • JEAN Y HIBINO (EXECUTIVE SECRETARY)
  • KESAYA E NODA (RECORDING SECRETARY)

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

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nisei student relocation commemorative fund (nsrcf) is a non-profit, charitable organization founded in new england that annually awards scholarships to students from underserved communities pursuing higher education. The nsrcf was established in 1980 by second generation japanese americans, nisei, in gratitude to the national japanese american student relocation council. The council made it possible for the nisei to leave the world war ii internment camps for colleges and universities across the united states. The nsrcf encourages inter-ethnic collaboration and promotes public awareness and understanding of the forced removal and unjust imprisonment of 120,000 persons of japanese ancestry during world war ii.

What it reported doing in 2025

Since 1982, the nsrcf has awarded scholarships to southeast asian high school students in need. It is the only primarily japanese american all-volunteer organization in the u.s. Providing scholarships to southeast asian students. One scholarship ceremony is held each year, with local committees coordinating all aspects of the awards. Awards have been given to vietnamese, cambodian, and laotian students in Washington, d.c., chicago, houston, denver, seattle, oakland, Rhode Island, Minnesota, and other areas of the united states. The site of the scholarship awards changes each year. In 2025, awards were made in sacramento to 28 students; the amount of each award was $2,500, totaling $70,000.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 94
  • Accountability: 88
  • Sustainability: 90
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.2%; rating input score 70
  • Program expense ratio: 61.9%; rating input score 62
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 66.6%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 30.09; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 2% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 6.8% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 7.6% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 70.2% of revenue deployed · 61.9% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $76K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.