Takagi Japanese Library

Nonprofit profile at a glance

EIN: 330874634
IRS 990-EZ coverage: 2012–2022
Forms available: Form 990-EZ 2022
Location: Laguna Hills, CA, USA
Phone: 7144375823
Rating: 44
Verdict: MIXED
Rating confidence: Moderate
Sector: Libraries

Official website

Reported finances

Revenue: $3,005
Expenses: $10,869
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

KAZUHITO TAKAGI (PRESIDENT &)

People named in this filing

KAZUHITO TAKAGI (PRESIDENT &)
MITSUKO TAKAGI (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-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To offer library services to the public with a focus on the japanese community.

What it reported doing in 2022

To serve the japanese community by providing free japanese books.

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 17
Transparency & Controls: 82
Sustainability: 10
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 23.3%; rating input score 23
Program expense ratio: 6.4%; rating input score 6

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -261.7%; rating input score 5; 5th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -7.9% per year; rating input score 0; 33rd percentile among comparable filings
Revenue growth: 17.5% per year; rating input score 100; 87th percentile among comparable filings
Asset growth: -21.1% per year; rating input score 0; 9th percentile among comparable filings

Details

Where the money goes: 23.3% of revenue deployed · 6.4% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $700 in reported program spending
Leadership: top reported pay $0 · 2 people listed
Consistency: 5 of 5 current checks pass
Schedules: 3 filed schedules
Filing history: 11 filing years from 2012 to 2022
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Financial Efficiency: Mission deployment rate scored 23/100.
High — Financial Efficiency: Program expense ratio scored 6/100.
High — Sustainability: Operating margin scored 5/100.
High — Growth: Program expense growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.