National Assoc Of Japan America Societies Incorporated
National Assoc Of Japan America Societies consistently maintains financial surpluses and reports no officer compensation.
EIN: 132996432 · Washington, DC · NTEE: Q032 · Updated: 2026-03-28
Is National Assoc Of Japan America Societies Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Assoc Of Japan America Societies Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Assoc Of Japan America Societies Incorporated
National Assoc Of Japan America Societies Incorporated (EIN: 132996432) is a nonprofit organization based in Washington, DC, classified under NTEE code Q032. The organization reported total revenue of $1.4M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Assoc Of Japan America Societies Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Assoc Of Japan America Societies Incorporated is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$100K |
| Total Assets | $2.3M |
| Total Liabilities | $180K |
| Net Assets | $2.1M |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 19.2 months |
Financial Health Grade: A
In 2023, National Assoc Of Japan America Societies Incorporated reported a surplus of $100K with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Assoc Of Japan America Societies Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.7% | +44.7% | -5.0% |
| 2022 | +42.9% | +13.5% | +14.9% |
| 2021 | -34.6% | -24.0% | -0.4% |
| 2020 | -34.6% | -20.5% | -4.3% |
| 2019 | +5.8% | +0.3% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1979 |
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 National Assoc Of Japan America Societies Incorporated 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, National Assoc Of Japan America Societies Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $100K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, or it is not reported in this section of the 990, which is highly favorable for a nonprofit of its size with assets over $2 million.
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 National Assoc Of Japan America Societies Incorporated:
- Consistent financial surpluses (e.g., $99,707 in 2023)
- Growing asset base (from $1.34M in 2014 to $2.25M in 2023)
- 0% reported officer compensation across all filings
- Strong financial health with revenue generally exceeding expenses
- Low liabilities relative to assets (e.g., $179,959 liabilities vs $2,257,152 assets in 2023)
Frequently Asked Questions about National Assoc Of Japan America Societies Incorporated
Is National Assoc Of Japan America Societies Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, National Assoc Of Japan America Societies Incorporated (EIN: 132996432) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does National Assoc Of Japan America Societies Incorporated spend its money?
National Assoc Of Japan America Societies Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Assoc Of Japan America Societies Incorporated tax-deductible?
National Assoc Of Japan America Societies Incorporated is registered as a tax-exempt nonprofit (EIN: 132996432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is National Assoc Of Japan America Societies Incorporated a good charity?
Based on the financial data, the organization appears to be a good charity. It consistently generates surpluses, has growing assets, and reports 0% officer compensation, indicating strong financial management and a focus on its mission.
How has the organization's revenue trended over the last decade?
Revenue has fluctuated over the last decade, ranging from a low of $715,638 in 2021 to a high of $1,672,684 in 2019. The most recent revenue in 2023 was $1,510,820, showing a recovery from the 2021 dip.
What is the organization's asset growth like?
The organization has shown consistent asset growth, increasing from $1,344,129 in 2014 to $2,257,152 in 2023, indicating sound financial stewardship and accumulation of resources.
Filing History
IRS 990 filing history for National Assoc Of Japan America Societies Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Assoc Of Japan America Societies Incorporated's revenue has grown by 44.4%, moving from $1.0M to $1.5M. Total assets increased by 126% over the same period, from $999K to $2.3M. Total functional expenses rose by 42.8%, from $988K to $1.4M. In its most recent filing year (2023), National Assoc Of Japan America Societies Incorporated reported a surplus of $100K, with revenue exceeding expenses. The organization holds $180K in liabilities against $2.3M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $2.3M | $180K | — | View 990 |
| 2022 | $1.0M | $975K | $2.4M | $399K | — | View 990 |
| 2021 | $716K | $859K | $2.1M | $139K | — | View 990 |
| 2020 | $1.1M | $1.1M | $2.1M | $5K | — | View 990 |
| 2019 | $1.7M | $1.4M | $2.2M | $64K | — | View 990 |
| 2018 | $1.6M | $1.4M | $2.0M | $103K | — | View 990 |
| 2017 | $1.6M | $1.4M | $1.8M | $91K | — | View 990 |
| 2016 | $1.6M | $1.4M | $1.7M | $145K | — | View 990 |
| 2015 | $1.6M | $1.3M | $1.6M | $135K | — | View 990 |
| 2014 | $1.5M | $1.3M | $1.3M | $118K | — | View 990 |
| 2013 | $1.4M | $1.3M | $1.3M | $198K | — | View 990 |
| 2012 | $1.4M | $1.3M | $1.2M | $197K | — | View 990 |
| 2011 | $1.0M | $988K | $999K | $86K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $2.3M (revenue +47.7% year-over-year).
- 2022: Revenue of $1.0M, expenses of $975K, and assets of $2.4M (revenue +42.9% year-over-year).
- 2021: Revenue of $716K, expenses of $859K, and assets of $2.1M (revenue -34.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $2.1M (revenue -34.6% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.4M, and assets of $2.2M (revenue +5.8% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.4M, and assets of $2.0M (revenue +1.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.4M, and assets of $1.8M (revenue -1.2% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.4M, and assets of $1.7M (revenue +0.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.3M, and assets of $1.6M (revenue +6.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.3M, and assets of $1.3M (revenue +3.0% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $1.3M (revenue +4.6% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $1.2M (revenue +30.5% year-over-year).
- 2011: Revenue of $1.0M, expenses of $988K, and assets of $999K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Assoc Of Japan America Societies Incorporated:
Data Sources and Methodology
This transparency report for National Assoc Of Japan America Societies Incorporated 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.