Okinawa Institute of Science and Technology Foundation Inc
Nonprofit profile at a glance
- EIN
- 831791477
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Irvington, NY, USA
- Phone
- 9142964260
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $195,547
- Expenses
- $68,662
- Assets
- $461,218
- Liabilities
- $1,656
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- LT GEN C GREGSON (TRUSTEE)
- YUKO KAKAZU (TRUSTEE)
- MINORU KANO (TRUSTEE)
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
Charitable support for okinawa institute of science and technology graduate university (oist) and us-japan science programs. The oist foundation collaborates with the okinawa institute of science and technology graduate university (oist) (www.oist.jp) to accomplish our common goals in science and innovation. Oist is a pioneering graduate university that bridges disciplines to explore new frontiers of scientific knowledge. Oist educates a new generation of scientific leaders, encourages bold thinking, and strives for excellence. A catalyst for breakthrough innovation locally and globally, oist bridges okinawa, japan, and the world.
What it reported doing in 2024
Connect the u.s. And japan through science: the oist foundation fosters opportunities for u.s.-japan collaboration in science and technology and promotes u.s.-japan science diplomacy through events, workshops, and strategic partnerships. The united states and japan are both world leaders in the field of science and technology. Since the signing of the u.s.-japan agreement on cooperation in science and technology in 1988 and its extension in 2014, the two countries have collaborated on complicated issues ranging from life sciences to space. These achievements illustrate that enhancing scientific cooperation presents an opportunity to strengthen the u.s.-japan alliance and further its role in addressing critical global challenges. The oist foundation achieves this through: 1) bringing together leading scholars and thinkers from japan and the u.s. To examine and discuss these topics, 2) assisting the okinawa institute of science and technology in developing research links with institutionsin the united states, and 3) bringing together leaders in entrepreneurship and venture capital in the u.s. And japan to work with oist to build an innovation ecosystem in okinawa, and 4) cultivating a strong oist alumni network in the united states.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 100
- Sustainability: 87
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 23.2%; rating input score 23
- Program expense ratio: 62.7%; rating input score 63
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: 64.9%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 6.72; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.3% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 26.6% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 23.2% of revenue deployed · 62.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $43K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- 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.
- High — Financial Efficiency: Mission deployment rate scored 23/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.