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Showa Boston Institute For Language And Culture Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042966217 ✦ Jamaica plain, MA ✦ Designated as a 501(c)(3)

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Overview

What is Showa Boston Institute For Language And Culture Inc?

Showa Boston Institute for Language and Culture Inc. is a nonprofit organization situated in Jamaica Plain, Massachusetts. Its primary focus is on educating Japanese women, offering an academic experience akin to "study abroad" programs provided by many American universities. The institution's mission is to enhance students' English proficiency, cultivate cross-cultural awareness, and foster personal growth. With 93 employees on board, Showa Boston Institute for Language and Culture Inc. aims to create a conducive learning environment, promoting cultural exchange and individual development.


Official website here: www.showaboston.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Showa Boston Institute For Language And Culture Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its operational practices and governance. With an overall score of 73%, the organization demonstrates solid financial practices, particularly in program expenses, where it allocates 75.25% of its budget directly to its initiatives. However, the independent board member representation is notably low at 37%, which raises concerns regarding governance and oversight.

Strengths of the institute include its complete financial auditing process and the absence of material diversion of assets, reflecting a strong commitment to fiscal responsibility. The presence of conflict of interest and whistleblower policies suggests a level of ethical governance. Nonetheless, the absence of a document retention policy and missing tax forms on its website highlight significant areas for improvement in transparency and compliance.

Overall, while the Showa Boston Institute For Language And Culture Inc shows promise in financial management and operational integrity, enhancing its governance structure and ensuring better transparency will be crucial for improving its rating and public trust. Addressing these limitations can help strengthen the nonprofit’s impact and credibility within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Showa Boston Institute For Language And Culture Inc legitimate?

Showa Boston Institute For Language And Culture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Showa Boston Institute For Language And Culture Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $607,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,387,149

For more financial information, click here


Official website here: www.showaboston.org

What is the mission statement of Showa Boston Institute For Language And Culture Inc?

Showa Boston Institute for Language and Culture Inc is an academic institution with a mission to enhance the English proficiency of its students, promote cross-cultural awareness, and foster personal growth. The institute is primarily established to benefit Japanese women, offering them an educational experience akin to many American university programs abroad, often referred to as "study abroad" programs. Its goal is to equip students with the necessary language skills and cultural understanding, thereby facilitating their overall development.


Official website here: www.showaboston.org

Who is the CEO of Showa Boston Institute For Language And Culture Inc?

Dr Frank Schwartz is the President of Showa Boston Institute For Language And Culture Inc.


Official website here: www.showaboston.org

What is the revenue of Showa Boston Institute For Language And Culture Inc?

Showa Boston Institute For Language And Culture Inc's revenue in 2022 was $10,562,824.


Official website here: www.showaboston.org

Who are the executives of Showa Boston Institute For Language And Culture Inc and what are their salaries?

The average compensation at Showa Boston Institute For Language And Culture Inc during 2022 was $42,954. There are 93 employees at Showa Boston Institute For Language And Culture Inc.


Here are 20 key members and their salaries:


Frank J Schwartz (President)
  • Compensation: $173,646
  • Related: $0
  • Other: $79,246
Mariko Bando (Chair, Chancellor, Clerk)
  • Compensation: $0
  • Related: $196,920
  • Other: $3,053
Natsuko Kohara (Member Of The Board)
  • Compensation: $0
  • Related: $148,585
  • Other: $12,720
Tomoko Kaneko (Member Of The Board)
  • Compensation: $0
  • Related: $159,618
  • Other: $6,888
Akihiko Numa (Member Of The Board)
  • Compensation: $0
  • Related: $118,321
  • Other: $12,763
Motokazu Uematsu (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akihiko Isono (Member Of The Board)
  • Compensation: $0
  • Related: $119,185
  • Other: $11,698
Teruko Inaho (Member Of The Board)
  • Compensation: $0
  • Related: $27,800
  • Other: $0
Masahito Monguchi (Member Of The Board)
  • Compensation: $0
  • Related: $27,786
  • Other: $0
Ernest Higa (Member Of The Board)
  • Compensation: $0
  • Related: $26,200
  • Other: $0
Toshio Asano (Member Of The Board)
  • Compensation: $0
  • Related: $26,211
  • Other: $0
Yutaka Katagiri (Member Of The Board)
  • Compensation: $0
  • Related: $27,786
  • Other: $0
Akashi Hongo (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Stronach (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shigeaki Yoshikawa (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yumi Kawahata (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Stoffel (Director)
  • Compensation: $104,438
  • Related: $0
  • Other: $9,138
Paul C Stornanti (Manager)
  • Compensation: $105,298
  • Related: $0
  • Other: $16,954
Michael Muldowney (Director)
  • Compensation: $110,424
  • Related: $0
  • Other: $24,850
Alan Broomhead (Director)
  • Compensation: $113,784
  • Related: $0
  • Other: $24,825


Official website here: www.showaboston.org

Where can I find the form 990 for Showa Boston Institute For Language And Culture Inc?

Showa Boston Institute For Language And Culture Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.showaboston.org

Learn more at the official website: www.showaboston.org

Mission Statement of Showa Boston Institute For Language And Culture Inc

Showa Boston Institute for Language and Culture is an academic institution with a mission to enhance the English proficiency of its students, promote cross-cultural awareness, and foster personal growth. By offering an educational experience akin to many American universities' study abroad programs, the institute primarily caters to Japanese women, aiming to broaden their horizons and provide them with a similar educational experience. The objective is multifaceted, encompassing not just language development but also the cultivation of cultural sensitivity and personal growth, thereby contributing to the holistic development of its students.

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Impact




July, 2024

Showa Boston Institute For Language And Culture Inc has a significant impact on the educational and personal development of Japanese women. By providing a comprehensive academic program aimed at increasing English proficiency, developing cross-cultural awareness, and fostering personal growth, the institute plays a crucial role in preparing students for success in a globalized world. Additionally, the opportunity to experience an educational program similar to those offered by American universities through study abroad programs contributes to expanding the horizons of Japanese students and enhancing their skills for engaging in international contexts. Overall, Showa Boston Institute For Language And Culture Inc is making a valuable contribution to the education and empowerment of its students, helping them become more effective communicators and culturally aware individuals.




This information is meant to be a general summary of Showa Boston Institute For Language And Culture Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$10,562,824 (2022)
Expenses
$9,477,994 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18,242
  • Program Service Revenue: $5,589,347
  • Gross Receipts: $10,562,824

Assets and Liabilities:

  • Total Assets: $39,110,971
  • Total Liabilities: $27,564,732
  • Net Assets: $11,546,239

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$4,969,824

JAPANESE LANGUAGE

Revenue

$619,523

Organization Details

Founding Year

1987

Principal Officer

Dr Frank Schwartz

Main Address

420 POND STREET, JAMAICA PLAIN, MA, 021303403

NTEE Category

Code: Q220 - International

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