Form 990 for tax year 2024
Filed by IWAMOTO GO OUTREACH FOUNDATION.
Totals
- Total revenue
- $802,051
- Total expenses
- $80,222
- Contributions and grants received
- $700,000
- Grants paid
- $7,000
- Program service revenue
- $0
- Investment income
- $102,051
- Other revenue
- $0
- Total assets, end of year
- $2,896,324
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,896,324
- Program services expenses (Part IX)
- $60,596
- Management and general expenses
- $19,626
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $60,596
Program services were 75.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$700,000
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $84,135 · related or exempt $0 · unrelated business $0 · excluded $84,135
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $349,937 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $332,021 · other assets $0
-
7c · Gain or loss
securities $17,916 · other assets $0
-
7d · Net gain or loss
total $17,916 · related or exempt $0 · unrelated business $0 · excluded $17,916
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,000 · program services $7,000
-
11c · Fees: accounting
total $1,071 · management and general $1,071
-
11f · Fees: investment management
total $17,502 · management and general $17,502
-
13 · Office expenses
total $181 · management and general $181
-
16 · Occupancy
total $48,880 · program services $48,880
-
17 · Travel
total $4,061 · program services $4,061
-
19 · Conferences, conventions and meetings
total $133 · management and general $133
-
23 · Insurance
total $655 · program services $655
-
24a · Other expenses: Foreign Taxes on Investments
total $739 · program services $0 · management and general $739 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $62,748 · end of year $50,767
-
11 · Investments: publicly traded securities
beginning of year $1,711,513 · end of year $2,002,186
-
15 · Other assets
beginning of year $310,547 · end of year $843,371
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,084,808 · end of year $2,896,324
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
The purpose of the corporation is to promote social welfare within the meaning of Section 501(c)(4) of the Internal Revenue Code of 1986, as amended (the "Code"), or any successor provision, including, but not limited to, by fostering and developing the game and culture of Go in North America, and by supporting the purposes for which Seattle Go Center, a Washington nonprofit corporation, is organized, in order to achieve the goals Japanese go master Iwamoto Kaoru intended when he founded the Seattle Go Center.
-
IGOF provides a shared space for groups that support its mission. These groups include the Seattle Go Center, Seattle Shogi, Zoka Go Club, and other regional Go groups. Seattle Go Center meets 3-4 times per week, with 40-65 people per week attending, depending on events. Seattle Shogi meets once per week with 6-10 people, and Zoka meets about once per week with a few people. Occasionally other groups use the space, such as a Japanese tea ceremony group or other cultural exchange groups. In addition, IGO is bringing visiting Go professionals to the shared space to teach and promote Go. IGOF pays for their transportation, accommodations, and food. These events have 20-30 people depending on the event and how many days the pro is resident.
Expenses $60,596 · Grants $7,000
As filed on the 2024 return.
Listed in Part VII
-
Yoko Takemiya
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Chris Kirschner
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
William Chiles
Executive Director
- Total calculated
- $0
- Hours/week
- 10
-
Leslie Crawford
Director
- Total calculated
- $0
- Hours/week
- 1
-
Morito Obuchi
Director
- Total calculated
- $0
- Hours/week
- 1
-
Shoichi Yoshizawa
Director
- Total calculated
- $0
- Hours/week
- 1
-
Fumio -Frank- Kojima
Director
- Total calculated
- $0
- Hours/week
- 1
-
Satoru Kobayashi
Previous Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Tom Urasoe
Secretary
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
To further the mission of Seattle Go Center to achieve the goals Japanese Go master Iwamoto Kaoru intended when he founded the Seattle Go Center.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 June 2025
- IRS schema version
- 2024v5.0
- Source object
- 202501689349301385
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