Japanese Friendship Garden Of Phoenix Inc
Japanese Friendship Garden Of Phoenix Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 201978899 · Phoenix, AZ · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| Net Assets | $1.9M |
| Transparency Score | 90/100 |
Is Japanese Friendship Garden Of Phoenix Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Japanese Friendship Garden Of Phoenix Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Japanese Friendship Garden Of Phoenix Inc
Japanese Friendship Garden Of Phoenix Inc (EIN: 201978899) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code A23. The organization reported total revenue of $2.5M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Japanese Friendship Garden Of Phoenix Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Japanese Friendship Garden Of Phoenix Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$394K |
| Total Assets | $2.0M |
| Total Liabilities | $115K |
| Net Assets | $1.9M |
| Operating Margin | 19.5% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 15.0 months |
Financial Health Grade: A
In 2024, Japanese Friendship Garden Of Phoenix Inc reported a surplus of $394K with revenue exceeding expenses, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Japanese Friendship Garden Of Phoenix Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.9% | +8.3% | +26.3% |
| 2023 | +13.9% | +24.2% | +21.9% |
| 2022 | +26.9% | +72.7% | +31.8% |
| 2021 | +101.6% | +24.8% | +70.0% |
| 2020 | +55.7% | +52.6% | +24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Friendship Garden Of Phoenix Inc with a Mission Score of 90 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 Friendship Garden Of Phoenix 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $394K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that top leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is a strong positive for transparency and resource allocation.
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.
Strengths
The following positive indicators were identified for Japanese Friendship Garden Of Phoenix Inc:
- Consistent and significant revenue growth (from $275,237 in 2015 to $2,018,669 in 2024).
- Healthy asset accumulation (from $320,768 in 2015 to $2,037,471 in 2024).
- Consistent operational surpluses (e.g., $2,018,669 revenue vs. $1,625,014 expenses in 2024).
- 0% reported officer compensation across all filings, indicating high transparency and efficient use of funds.
- Low liabilities relative to assets, suggesting strong financial stability.
Frequently Asked Questions about Japanese Friendship Garden Of Phoenix Inc
Is Japanese Friendship Garden Of Phoenix Inc a legitimate charity?
Japanese Friendship Garden Of Phoenix Inc (EIN: 201978899) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Japanese Friendship Garden Of Phoenix Inc spend its money?
Japanese Friendship Garden Of Phoenix Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Japanese Friendship Garden Of Phoenix Inc tax-deductible?
Japanese Friendship Garden Of Phoenix Inc is registered as a tax-exempt nonprofit (EIN: 201978899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Japanese Friendship Garden Of Phoenix Inc's spending goes to programs?
Japanese Friendship Garden Of Phoenix Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Japanese Friendship Garden Of Phoenix Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Japanese Friendship Garden Of Phoenix Inc is above average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Japanese Friendship Garden Of Phoenix Inc located?
Japanese Friendship Garden Of Phoenix Inc is headquartered in Phoenix, Arizona and files with the IRS under EIN 201978899. It is classified under NTEE code A23.
How many years of IRS 990 filings does Japanese Friendship Garden Of Phoenix Inc have?
Japanese Friendship Garden Of Phoenix Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.5M in total revenue.
Is Japanese Friendship Garden Of Phoenix Inc a good charity?
Based on its financial data, the Japanese Friendship Garden Of Phoenix Inc appears to be a very good charity. It demonstrates strong financial growth, consistent surpluses, healthy asset accumulation, and a notable commitment to transparency by reporting 0% officer compensation.
How has the organization's revenue grown over time?
The organization has experienced significant revenue growth, increasing from $275,237 in 2015 to $2,018,669 in 2024, representing an increase of over 600% in less than a decade.
What is the trend in the organization's assets?
Assets have shown a strong upward trend, growing from $320,768 in 2015 to $2,037,471 in 2024, indicating effective financial management and reinvestment into the organization's mission.
Filing History
IRS 990 filing history for Japanese Friendship Garden Of Phoenix Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Japanese Friendship Garden Of Phoenix Inc's revenue has grown by 1423.9%, moving from $132K to $2.0M. Total assets increased by 740.4% over the same period, from $242K to $2.0M. Total functional expenses rose by 1509.5%, from $101K to $1.6M. In its most recent filing year (2024), Japanese Friendship Garden Of Phoenix Inc reported a surplus of $394K, with revenue exceeding expenses. The organization holds $115K in liabilities against $2.0M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $1.6M | $2.0M | $115K | — | View 990 |
| 2023 | $1.8M | $1.5M | $1.6M | $85K | — | View 990 |
| 2022 | $1.6M | $1.2M | $1.3M | $68K | — | View 990 |
| 2021 | $1.2M | $699K | $1.0M | $31K | — | — |
| 2020 | $608K | $561K | $591K | $91K | — | View 990 |
| 2019 | $390K | $367K | $476K | $23K | — | View 990 |
| 2018 | $389K | $374K | $454K | $24K | — | View 990 |
| 2017 | $360K | $362K | $440K | $24K | — | View 990 |
| 2016 | $369K | $267K | $430K | $12K | — | View 990 |
| 2015 | $275K | $222K | $321K | $6K | — | View 990 |
| 2014 | $227K | $209K | $263K | $794 | — | View 990 |
| 2013 | $203K | $170K | $252K | $8K | — | View 990 |
| 2012 | $168K | $196K | $220K | $8K | — | View 990 |
| 2011 | $132K | $101K | $242K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $1.6M, and assets of $2.0M (revenue +13.9% year-over-year).
- 2023: Revenue of $1.8M, expenses of $1.5M, and assets of $1.6M (revenue +13.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.2M, and assets of $1.3M (revenue +26.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $699K, and assets of $1.0M (revenue +101.6% year-over-year).
- 2020: Revenue of $608K, expenses of $561K, and assets of $591K (revenue +55.7% year-over-year).
- 2019: Revenue of $390K, expenses of $367K, and assets of $476K (revenue +0.5% year-over-year).
- 2018: Revenue of $389K, expenses of $374K, and assets of $454K (revenue +7.8% year-over-year).
- 2017: Revenue of $360K, expenses of $362K, and assets of $440K (revenue -2.4% year-over-year).
- 2016: Revenue of $369K, expenses of $267K, and assets of $430K (revenue +34.1% year-over-year).
- 2015: Revenue of $275K, expenses of $222K, and assets of $321K (revenue +21.3% year-over-year).
- 2014: Revenue of $227K, expenses of $209K, and assets of $263K (revenue +11.6% year-over-year).
- 2013: Revenue of $203K, expenses of $170K, and assets of $252K (revenue +20.7% year-over-year).
- 2012: Revenue of $168K, expenses of $196K, and assets of $220K (revenue +27.1% year-over-year).
- 2011: Revenue of $132K, expenses of $101K, and assets of $242K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Japanese Friendship Garden Of Phoenix Inc:
Data Sources and Methodology
This transparency report for Japanese Friendship Garden Of Phoenix 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.