Japanese Educational Institute Of New York
Japanese Educational Institute Of New York shows consistent revenue, asset growth, and zero officer compensation, but liabilities have significantly increased.
EIN: 132829817 · New Rochelle, NY · Updated: 2026-03-28
Is Japanese Educational Institute Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Japanese Educational Institute Of New York directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Japanese Educational Institute Of New York
Japanese Educational Institute Of New York (EIN: 132829817) is a nonprofit organization based in New Rochelle, NY. The organization reported total revenue of $8.2M and total assets of $24.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Japanese Educational Institute Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Japanese Educational Institute Of New York is a mid-size nonprofit that has been operating for 51 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $7.8M |
| Surplus / Deficit | +$937K |
| Total Assets | $25.0M |
| Total Liabilities | $9.3M |
| Net Assets | $15.7M |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 37.2% |
| Months of Reserves | 38.2 months |
Financial Health Grade: A
In 2024, Japanese Educational Institute Of New York reported a surplus of $937K with revenue exceeding expenses, holds 38.2 months of operating reserves (strong position), has a debt-to-asset ratio of 37.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Japanese Educational Institute Of New York's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.7% | -6.2% | -0.5% |
| 2023 | +3.2% | -4.2% | +46.0% |
| 2022 | -4.3% | +13.0% | -2.9% |
| 2021 | +2.9% | -7.6% | +3.4% |
| 2020 | +4.0% | +17.2% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Japanese Educational Institute Of New York 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Japanese Educational Institute Of New York allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $937K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong dedication to mission-focused spending or that officers are compensated through other means not reported as 'officer compensation'.
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 Educational Institute Of New York's IRS 990 filings:
- Significant increase in liabilities from $1,941,292 in 202203 to $9,300,429 in 202403, warranting further investigation into their nature.
Strengths
The following positive indicators were identified for Japanese Educational Institute Of New York:
- Consistent revenue generation, with latest revenue at $8,772,356.
- Strong asset growth, reaching $24,969,209 in 202403.
- Zero officer compensation reported across all filings, indicating high efficiency in executive spending.
- Expenses generally managed within or below revenue, as seen in the 202403 surplus ($8,772,356 revenue vs. $7,835,711 expenses).
Frequently Asked Questions about Japanese Educational Institute Of New York
Is Japanese Educational Institute Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Japanese Educational Institute Of New York (EIN: 132829817) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Japanese Educational Institute Of New York spend its money?
Japanese Educational Institute Of New York directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Japanese Educational Institute Of New York tax-deductible?
Japanese Educational Institute Of New York is registered as a tax-exempt nonprofit (EIN: 132829817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Japanese Educational Institute Of New York financially stable?
Yes, the organization appears financially stable, with consistent revenue generation and substantial asset growth from $17,111,264 in 202003 to $24,969,209 in 202403. However, the recent increase in liabilities to $9,300,429 in 202403 should be monitored.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, with expenses often close to or below revenue. For example, in 202403, revenues were $8,772,356 and expenses were $7,835,711, resulting in a surplus.
What is the trend in the organization's assets and liabilities?
Assets have shown strong growth, nearly doubling from $17,111,264 in 202003 to $24,969,209 in 202403. Liabilities have also increased significantly, from $1,941,292 in 202203 to $9,300,429 in 202403, which is a notable change.
Filing History
IRS 990 filing history for Japanese Educational Institute Of New York showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Japanese Educational Institute Of New York's revenue has grown by 49.3%, moving from $5.9M to $8.8M. Total assets increased by 6.3% over the same period, from $23.5M to $25.0M. Total functional expenses rose by 29.3%, from $6.1M to $7.8M. In its most recent filing year (2024), Japanese Educational Institute Of New York reported a surplus of $937K, with revenue exceeding expenses. The organization holds $9.3M in liabilities against $25.0M in assets (debt-to-asset ratio: 37.2%), resulting in net assets of $15.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $8.8M | $7.8M | $25.0M | $9.3M | — | View 990 |
| 2023 | $7.9M | $8.4M | $25.1M | $10.4M | — | View 990 |
| 2022 | $7.6M | $8.7M | $17.2M | $1.9M | — | View 990 |
| 2021 | $7.9M | $7.7M | $17.7M | $1.3M | — | View 990 |
| 2020 | $7.7M | $8.4M | $17.1M | $984K | — | View 990 |
| 2019 | $7.4M | $7.1M | $17.9M | $1.1M | — | View 990 |
| 2018 | $7.2M | $6.8M | $17.4M | $980K | — | View 990 |
| 2017 | $7.0M | $6.8M | $17.1M | $982K | — | View 990 |
| 2016 | $6.8M | $6.7M | $16.8M | $885K | — | View 990 |
| 2015 | $6.6M | $6.5M | $16.8M | $925K | — | View 990 |
| 2014 | $6.4M | $6.4M | $16.7M | $953K | — | View 990 |
| 2013 | $18.2M | $6.2M | $16.7M | $957K | — | View 990 |
| 2012 | $6.3M | $6.4M | $23.5M | $19.8M | — | View 990 |
| 2011 | $5.9M | $6.1M | $23.5M | $19.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $8.8M, expenses of $7.8M, and assets of $25.0M (revenue +11.7% year-over-year).
- 2023: Revenue of $7.9M, expenses of $8.4M, and assets of $25.1M (revenue +3.2% year-over-year).
- 2022: Revenue of $7.6M, expenses of $8.7M, and assets of $17.2M (revenue -4.3% year-over-year).
- 2021: Revenue of $7.9M, expenses of $7.7M, and assets of $17.7M (revenue +2.9% year-over-year).
- 2020: Revenue of $7.7M, expenses of $8.4M, and assets of $17.1M (revenue +4.0% year-over-year).
- 2019: Revenue of $7.4M, expenses of $7.1M, and assets of $17.9M (revenue +3.3% year-over-year).
- 2018: Revenue of $7.2M, expenses of $6.8M, and assets of $17.4M (revenue +2.8% year-over-year).
- 2017: Revenue of $7.0M, expenses of $6.8M, and assets of $17.1M (revenue +2.7% year-over-year).
- 2016: Revenue of $6.8M, expenses of $6.7M, and assets of $16.8M (revenue +2.5% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.5M, and assets of $16.8M (revenue +3.6% year-over-year).
- 2014: Revenue of $6.4M, expenses of $6.4M, and assets of $16.7M (revenue -64.8% year-over-year).
- 2013: Revenue of $18.2M, expenses of $6.2M, and assets of $16.7M (revenue +188.6% year-over-year).
- 2012: Revenue of $6.3M, expenses of $6.4M, and assets of $23.5M (revenue +7.4% year-over-year).
- 2011: Revenue of $5.9M, expenses of $6.1M, and assets of $23.5M.
Data Sources and Methodology
This transparency report for Japanese Educational Institute Of New York 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.