Overview
What is Nichi Bei Foundation?
The Nichi Bei Foundation is a nonprofit organization situated in San Francisco, California. They primarily serve the Japanese American and larger Asian American community by publishing a community newspaper and maintaining a news and culture website. Their mission is to connect, inform, and empower the Japanese American community through various means, such as the weekly newspaper and community events, like the Films of Remembrance, tours of historic sites, and other engaging events. With a team of nine dedicated individuals, the Nichi Bei Foundation plays a vital role in fostering a sense of unity and keeping the community informed.
Official website here: www.nichibei.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Nichi Bei Foundation has received a Two-Star rating from Charity Navigator, reflecting a score of 73%. This rating indicates that while the organization demonstrates some accountability and financial health, there are areas that require improvement. Their program expense ratio is strong at 82.60%, showing a commitment to their mission, but the overall rating suggests that operational practices could be enhanced.
One of the strengths of the nonprofit is its governance, with 81% of board members being independent, which is a strong aspect in maintaining objectivity in decision-making. Additionally, the foundation has not reported any material diversion of assets, indicating sound financial practices. However, the absence of a whistleblower policy and a document retention and destruction policy are significant gaps that can affect transparency and accountability.
In terms of financial health, the foundation has a reasonable liabilities to assets ratio of 18.73%, which is favorable. However, the points lost in governance practices highlight a need for better policies to support organizational effectiveness and compliance. Addressing these limitations could help improve their rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Nichi Bei Foundation legitimate?
Nichi Bei Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nichi Bei Foundation 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: $87,219
Professional Fundraising Fees: $6,141
Other Salaries and Wages: $230,923
For more financial information, click here
Official website here: www.nichibei.org
What is the mission statement of Nichi Bei Foundation?
The Nichi Bei Foundation aims to bridge connections and provide information within the Japanese American community through the publication of the Nichi Bei Weekly newspaper and various community events. These events include films, tours of historical sites, and other community gatherings. The organization's mission is to empower the Japanese American community by disseminating news and fostering cultural awareness. The Nichi Bei Foundation also maintains a news and culture website, catering to a broader Asian American audience.
Official website here: www.nichibei.org
Who is the CEO of Nichi Bei Foundation?
Edith Horner is the President of Nichi Bei Foundation.
Official website here: www.nichibei.org
What is the revenue of Nichi Bei Foundation?
Nichi Bei Foundation's revenue in 2022 was $684,621.
Official website here: www.nichibei.org
Who are the executives of Nichi Bei Foundation and what are their salaries?
The average compensation at Nichi Bei Foundation during 2022 was $35,349. There are 9 employees at Nichi Bei Foundation.
Here are 9 key members and their salaries:
- Compensation: $81,514
- Related: $0
- Other: $0
- Compensation: $5,705
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nichibei.org
Where can I find the form 990 for Nichi Bei Foundation?
Nichi Bei Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nichibei.org
Learn more at the official website: www.nichibei.org
Mission Statement of Nichi Bei Foundation
The Nichi Bei Foundation, a notable entity within the Japanese American community, is committed to connecting, informing, and empowering its members. They achieve this mission through the publication of Nichi Bei Weekly, a community newspaper, and various events. These events include thought-provoking films, tours of historic sites, and other engaging activities. By doing so, the foundation fosters a sense of unity and shared experience among its members. Furthermore, the Nichi Bei Foundation maintains a news and culture website, catering to a broader audience within the larger Asian American community. Through these platforms, the foundation provides a vital source of information and serves as a voice for the Japanese American community, promoting understanding and engagement between different cultural groups.
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Impact
July, 2024
Nichi Bei Foundation's impact is significant in connecting, informing, and empowering the Japanese American community through its publication of Nichi Bei Weekly and organization of community events. Through these efforts, the foundation plays a crucial role in preserving the cultural heritage and history of Japanese Americans while also fostering a sense of community and empowerment. The foundation's activities, such as the Films of Remembrance, tours of historic sites, and other events, contribute to the overall enrichment and empowerment of the Japanese American community in San Francisco and beyond.
This information is meant to be a general summary of Nichi Bei Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $70
- Program Service Revenue: $174,217
- Gross Receipts: $684,621
Assets and Liabilities:
- Total Assets: $279,383
- Total Liabilities: $38,621
- Net Assets: $240,762
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING
Revenue
$109,241
MOVIE TICKET SALES
Revenue
$4,612
SUBSCRIPTION
Revenue
$53,690
SPORTING EVENTS TICKET SALES
Revenue
$6,674
Organization Details
Founding Year
2012
Phone
(415) 673-1009Principal Officer
Edith Horner
Main Address
PO BOX 15693, SAN FRANCISCO, CA, 94115
Website
www.nichibei.orgNTEE Category
Code: A23 - Arts
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