The Japanese American Association of New York Inc

Nonprofit profile at a glance

EIN
136222615
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2128406942
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,107,588
Expenses
$745,931
Assets
$4,029,784
Liabilities
$1,313,446

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

Leadership & pay

32 people listed

Executive titles in this filing

  • Koji Sato (President)
  • Shunichi Homma MD (Vice President)
  • Keiko Ishida (Vice President)
  • Susan McCormac (Vice President)
  • Makoto Iwahara MD (Vice President)
  • Yuki Kaneshige (Vice President)

Highest reported compensation

  • Michiyo Noda (ED/Board member): $84,000 total reported compensation

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

Overview

Mission

Since 1907, JAANY has been the heart of the Japanese community in the New York Area. We serve our community through bilingual social services, educational programs, and community outreach. With a strong sense of diversity, we have always been a collaborative forum, celebrating and sharing our Japanese culture and heritage with people of all ages and backgrounds.

What it reported doing in 2024

We provide social welfare to the Japanese and Japanese American Community through a network of dedicated volunteers. Our community activities are free consultations on legal and health-medical matters, keirokai (luncheon for seniors at JAA hall, pick up and lunch delivery to bedridden seniors) and Apple Kids group activities for families with young children. We provide classes on a variety of subjects and transmit information to newcomers and the general community. We sponsor baseball games at Central Park and Randalls Island every Sunday morning from April to August, Japanese Language Workshops, Sakura Matsuri at Flushing Meadows Corona Park and Tanabata Festival at Carl Schurz Park. JAA maintains archives in the New York area, supports the Oral History Project and provides scholarship awards to graduating high school seniors. JAA organizes the Committee on Aging issues with the Consulate General of Japan in New York and other concerned organizations in the New York area for the purpose of researching and dealing with the increasing demands of Japanese and Japanese American aging population. We hold two annual health fairs to update information for all ages in our community. JAA has cultural classes such as tea ceremony, calligraphy class and others. Recently we are the center of the Digital Museum of the History of Japanese in New York.

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 81% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 77
  • Accountability: 93
  • Sustainability: 72
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.1%; rating input score 46
  • Program expense ratio: 63.5%; rating input score 63
  • Fundraising efficiency: $14.77 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Pass
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 97%; rating input score 97; 44th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.9%; rating input score 97; 26th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 32.7%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 5.4; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 11.3%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: -2.8% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 5% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 46.1% of revenue deployed · 63.5% of spending went to programs
  • Governance: 31 of 32 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $474K in reported program spending
  • Leadership: top reported pay $84K · 32 people listed
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 14 filing years from 2010 to 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.