New York Aikikai Ltd

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

EIN: 132542813 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is New York Aikikai Ltd?

New York Aikikai Ltd is a nonprofit organization that serves as a platform for promoting Japanese culture and history. They accomplish this mission through diverse educational programs, primarily focusing on aikido training, cultural education, and historical insights. The organization's activities are centered around imparting knowledge and skills in these areas, thereby enriching individuals' understanding of Japanese heritage.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%

New York Aikikai Ltd has received a Four-Star out of Four Star rating from Charity Navigator, reflecting strong performance in accountability and finance with a score of 94%. This high rating indicates that the organization effectively manages its financial resources and adheres to best practices in governance. The independent board members are fully independent, ensuring that decisions are made in the best interest of the organization without conflicts of interest.

The nonprofit has demonstrated an impressive commitment to transparency and accountability, as evidenced by its comprehensive policies on conflict of interest, whistleblower protection, and document retention. Additionally, the organization has not reported any material diversion of assets, underscoring its integrity in financial operations. With a program expense ratio of 74.39%, a significant portion of its resources is devoted to fulfilling its mission.

While the overall performance is commendable, stakeholders may want to continue monitoring the organization for any developments that could affect its financial health or program effectiveness. Overall, New York Aikikai Ltd exemplifies strong governance practices, making it a trustworthy option for potential donors and supporters.


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

Is New York Aikikai Ltd legitimate?

New York Aikikai Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Aikikai Ltd 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: $35,200
Professional Fundraising Fees: $18,250
Other Salaries and Wages: $116,237

For more financial information, click here

What is the mission statement of New York Aikikai Ltd?

New York Aikikai Ltd's mission is focused on educating individuals about Japanese culture and history. They achieve this goal through a range of programs that offer instruction in aikido training, as well as cultural and historical insights. By participating in these programs, individuals can gain a deeper understanding and appreciation of Japanese traditions. The organization's activities are designed to promote cultural exchange and foster a greater appreciation for Japanese heritage.

Who is the CEO of New York Aikikai Ltd?

Sharon Dominguez is the President of New York Aikikai Ltd.

What is the revenue of New York Aikikai Ltd?

New York Aikikai Ltd's revenue in 2023 was $491,664.

Who are the executives of New York Aikikai Ltd and what are their salaries?

The average compensation at New York Aikikai Ltd during 2023 was $50,479. There are 3 employees at New York Aikikai Ltd.


Here are 8 key members and their salaries:


Yoshimitsu Yamada (Chief Instructor)
  • Compensation: $78,016
  • Related: $0
  • Other: $0
Steven Pimsler (Director)
  • Compensation: $35,200
  • Related: $0
  • Other: $0
Kevin Kanesaka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Henis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Parrella (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Katz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Dominguez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Junya Nakatsugawa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New York Aikikai Ltd?

New York Aikikai Ltd's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of New York Aikikai Ltd

New York Aikikai Ltd, an organization dedicated to education, focuses on imparting knowledge about Japanese culture and history. Through a series of comprehensive programs, the institution offers training in the traditional martial art of aikido, alongside lessons on Japanese culture and history. By providing these opportunities, New York Aikikai aims to educate individuals, fostering a deeper understanding and appreciation of Japanese heritage.

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Impact




July, 2024

New York Aikikai Ltd has a significant impact by educating individuals in Japanese culture and history through various programs that provide instruction in aikido training, culture, and Japanese history. Through these initiatives, New York Aikikai Ltd helps promote cultural understanding and appreciation among its participants.




This information is meant to be a general summary of New York Aikikai Ltd. 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
$491,664 (2023)
Expenses
$511,779 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,651
  • Program Service Revenue: $379,157
  • Gross Receipts: $598,204

Assets and Liabilities:

  • Total Assets: $627,476
  • Total Liabilities: $155,024
  • Net Assets: $472,452

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Programs

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

Membership Dues & Assessments

Revenue

$379,157

Organization Details

Founding Year

1964

Principal Officer

Sharon Dominguez

Main Address

142 WEST 18TH STREET 2FL, NEW YORK, NY, 10011

NTEE Category

Code: N40 - Recreation

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