Japanese Are Society Of America Inc

Japanese Are Society Of America Inc shows strong asset growth but experienced a deficit in its latest fiscal year.

EIN: 132778597 · Lexington, MA · NTEE: A200 · Updated: 2026-03-28

$577KRevenue

$695KAssets

85/100Mission Score (Excellent)

A200

About Japanese Are Society Of America Inc

Japanese Are Society Of America Inc (EIN: 132778597) is a nonprofit organization based in Lexington, MA, classified under NTEE code A200. The organization reported total revenue of $577K and total assets of $695K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Japanese Are Society Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Japanese Are Society Of America Inc demonstrates a generally healthy financial position with consistent revenue generation and asset growth over the past decade. In the most recent filing (202312), the organization reported revenues of $705,651, which, while substantial, were outpaced by expenses of $833,227, resulting in a deficit for the year. This contrasts with previous years like 202212 and 202112, where revenues significantly exceeded expenses, indicating a fluctuating operational surplus. The organization maintains a strong asset base, growing from $128,250 in 2014 to $873,487 in 2023, with no reported liabilities, which is a significant positive indicator of financial stability and low risk. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, enhancing transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Japanese Are Society Of America Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Japanese Are Society Of America Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, suggesting that key officers are either uncompensated or their compensation falls below IRS reporting thresholds, which is positive for an organization of its size with revenues fluctuating around the half-million dollar mark.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Japanese Are Society Of America Inc's IRS 990 filings:

Expenses exceeded revenue in the latest fiscal year (202312) by $127,576.

Strengths

The following positive indicators were identified for Japanese Are Society Of America Inc:

Consistent asset growth from $128,250 in 2014 to $873,487 in 2023.
No reported liabilities across all filing periods, indicating a debt-free status.
0% officer compensation reported, suggesting efficient use of funds or volunteer leadership.
Significant revenue growth over the past decade, demonstrating strong fundraising capabilities.

Frequently Asked Questions about Japanese Are Society Of America Inc

Is Japanese Are Society Of America Inc financially stable?

Yes, despite a deficit in 2023, the organization has consistently grown its assets from $128,250 in 2014 to $873,487 in 2023 and reports no liabilities, indicating strong financial stability.

How has the organization's revenue trended over the last few years?

Revenue has shown significant growth and fluctuation, increasing from $285,284 in 2020 to $705,651 in 2023, with a peak of $664,104 in 2021 and a dip to $495,659 in 2022.

Does the organization have any debt?

No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating a debt-free status.

Filing History

IRS 990 filing history for Japanese Are Society Of America Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Japanese Are Society Of America Inc's revenue has grown by 384.4%, moving from $146K to $706K. Total assets increased by 483.2% over the same period, from $150K to $873K. Total functional expenses rose by 437.1%, from $155K to $833K. In its most recent filing year (2023), Japanese Are Society Of America Inc reported a deficit of $128K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$706K	$833K	$873K	$0	—	View 990
2022	$496K	$353K	$989K	$0	—	—
2021	$664K	$282K	$866K	$0	—	View 990
2020	$285K	$183K	$479K	$0	—	View 990
2019	$245K	$177K	$377K	$0	—	View 990
2018	$238K	$227K	$306K	$0	—	View 990
2017	$289K	$235K	$296K	$0	—	View 990
2016	$359K	$251K	$241K	$0	—	View 990
2015	$200K	$195K	$133K	$0	—	View 990
2014	$189K	$198K	$128K	$0	—	View 990
2013	$149K	$162K	$137K	$0	—	View 990
2012	$128K	$128K	$149K	$0	—	View 990
2011	$146K	$155K	$150K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $706K, expenses of $833K, and assets of $873K (revenue +42.4% year-over-year).
2022: Revenue of $496K, expenses of $353K, and assets of $989K (revenue -25.4% year-over-year).
2021: Revenue of $664K, expenses of $282K, and assets of $866K (revenue +132.8% year-over-year).
2020: Revenue of $285K, expenses of $183K, and assets of $479K (revenue +16.6% year-over-year).
2019: Revenue of $245K, expenses of $177K, and assets of $377K (revenue +2.7% year-over-year).
2018: Revenue of $238K, expenses of $227K, and assets of $306K (revenue -17.6% year-over-year).
2017: Revenue of $289K, expenses of $235K, and assets of $296K (revenue -19.5% year-over-year).
2016: Revenue of $359K, expenses of $251K, and assets of $241K (revenue +79.5% year-over-year).
2015: Revenue of $200K, expenses of $195K, and assets of $133K (revenue +5.7% year-over-year).
2014: Revenue of $189K, expenses of $198K, and assets of $128K (revenue +26.7% year-over-year).
2013: Revenue of $149K, expenses of $162K, and assets of $137K (revenue +17.0% year-over-year).
2012: Revenue of $128K, expenses of $128K, and assets of $149K (revenue -12.3% year-over-year).
2011: Revenue of $146K, expenses of $155K, and assets of $150K.

Data Sources and Methodology

This transparency report for Japanese Are Society Of America Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.