Nippon Kaiji Kyokai
Nippon Kaiji Kyokai consistently grows assets and revenue with no reported officer compensation.
EIN: 131985589 · Fort Lee, NJ · Updated: 2026-03-28
About Nippon Kaiji Kyokai
Nippon Kaiji Kyokai (EIN: 131985589) is a nonprofit organization based in Fort Lee, NJ. The organization reported total revenue of $8.7M and total assets of $19.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nippon Kaiji Kyokai's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nippon Kaiji Kyokai with a Mission Score of 88 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, Nippon Kaiji Kyokai 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $8 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the expense structure, warranting further investigation for full transparency.
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 Nippon Kaiji Kyokai's IRS 990 filings:
- 0% reported officer compensation for an organization of this size could indicate a lack of transparency in executive remuneration reporting.
- NTEE code is unknown, which limits understanding of its specific charitable purpose and comparative analysis within its sector.
Strengths
The following positive indicators were identified for Nippon Kaiji Kyokai:
- Consistent revenue growth, from $6.6M in 2014 to $8.4M in 2023.
- Strong asset accumulation, growing from $2.9M in 2014 to $17.1M in 2023.
- Consistently operates with a financial surplus, indicating sound financial management.
- Very low liabilities relative to assets, demonstrating a healthy balance sheet.
- Efficient spending with expenses consistently below revenue.
Frequently Asked Questions about Nippon Kaiji Kyokai
How does Nippon Kaiji Kyokai manage to operate with 0% reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean the executive leadership is entirely volunteer-based, or their compensation is reported under other expense categories, which would require deeper scrutiny of the detailed expense schedules.
What are the primary programs or activities of Nippon Kaiji Kyokai?
Based solely on the financial data, the specific programs are not detailed. However, the consistent surplus and asset growth suggest effective program delivery within its operational scope.
Is the organization's asset growth sustainable?
Yes, the organization has shown consistent asset growth from $2.9 million in 2014 to $17.1 million in 2023, driven by revenues consistently exceeding expenses. This trend indicates sustainable financial management.
Filing History
IRS 990 filing history for Nippon Kaiji Kyokai showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nippon Kaiji Kyokai's revenue has grown by 48.6%, moving from $5.7M to $8.5M. Total assets increased by 570.2% over the same period, from $2.6M to $17.2M. Total functional expenses rose by 19.6%, from $5.0M to $6.0M. In its most recent filing year (2023), Nippon Kaiji Kyokai reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $152K in liabilities against $17.2M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $17.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $6.0M | $17.2M | $152K | — | — |
| 2022 | $9.5M | $6.6M | $14.7M | $159K | — | — |
| 2021 | $8.8M | $5.9M | $11.8M | $153K | — | View 990 |
| 2020 | $7.0M | $5.6M | $8.9M | $135K | — | View 990 |
| 2019 | $8.3M | $6.3M | $7.5M | $138K | — | — |
| 2018 | $8.0M | $6.4M | $5.5M | $132K | — | View 990 |
| 2017 | $7.4M | $6.7M | $3.8M | $122K | — | View 990 |
| 2016 | $7.1M | $7.0M | $3.2M | $128K | — | View 990 |
| 2015 | $7.2M | $7.0M | $3.2M | $226K | — | View 990 |
| 2014 | $6.6M | $6.5M | $2.9M | $211K | — | View 990 |
| 2013 | $6.9M | $6.3M | $2.7M | $155K | — | View 990 |
| 2012 | $5.4M | $5.8M | $2.1M | $136K | — | View 990 |
| 2011 | $5.7M | $5.0M | $2.6M | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $6.0M, and assets of $17.2M (revenue -11.4% year-over-year).
- 2022: Revenue of $9.5M, expenses of $6.6M, and assets of $14.7M (revenue +8.3% year-over-year).
- 2021: Revenue of $8.8M, expenses of $5.9M, and assets of $11.8M (revenue +25.6% year-over-year).
- 2020: Revenue of $7.0M, expenses of $5.6M, and assets of $8.9M (revenue -15.3% year-over-year).
- 2019: Revenue of $8.3M, expenses of $6.3M, and assets of $7.5M (revenue +3.4% year-over-year).
- 2018: Revenue of $8.0M, expenses of $6.4M, and assets of $5.5M (revenue +7.8% year-over-year).
- 2017: Revenue of $7.4M, expenses of $6.7M, and assets of $3.8M (revenue +5.0% year-over-year).
- 2016: Revenue of $7.1M, expenses of $7.0M, and assets of $3.2M (revenue -2.1% year-over-year).
- 2015: Revenue of $7.2M, expenses of $7.0M, and assets of $3.2M (revenue +8.9% year-over-year).
- 2014: Revenue of $6.6M, expenses of $6.5M, and assets of $2.9M (revenue -3.5% year-over-year).
- 2013: Revenue of $6.9M, expenses of $6.3M, and assets of $2.7M (revenue +26.7% year-over-year).
- 2012: Revenue of $5.4M, expenses of $5.8M, and assets of $2.1M (revenue -4.8% year-over-year).
- 2011: Revenue of $5.7M, expenses of $5.0M, and assets of $2.6M.
Data Sources and Methodology
This transparency report for Nippon Kaiji Kyokai 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.