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Nonprofiteer
← GOLDEN GATE INSTITUTE

Form 990 for tax year 2024

Filed by GOLDEN GATE INSTITUTE.

Totals

Total revenue
$4,280,029
Total expenses
$135,979
Contributions and grants received
$4,182,549
Grants paid
$0
Program service revenue
$44,246
Investment income
$30,097
Other revenue
$23,137
Total assets, end of year
$4,317,926
Total liabilities, end of year
$6,242
Net assets or fund balances, end of year
$4,311,684
Program services expenses (Part IX)
$25,043
Management and general expenses
$106,311
Fundraising expenses
$4,625
Program service expenses (Part III)
$25,043

Program services were 18.4% 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.

  • 1c · Fundraising events

    $3,494

  • 1d · Related organizations

    $104,040

  • 1e · Government grants (contributions)

    $4,050,000

  • 1f · All other contributions, gifts and grants

    $25,015

  • 2f · All other program service revenue

    total $44,246 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $30,097 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $6,550

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $6,550

  • 6d · Net rental income or loss

    total $6,550 · unrelated business $6,550

  • 8a · Fundraising events: contributions included on line 1c

    $3,494

  • 11d · All other revenue

    total $16,587 · related or exempt $0 · unrelated business $16,587 · excluded $0

  • 11e · Other revenue, total

    $16,587

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $10,400 · program services $0 · management and general $10,400 · fundraising $0

  • 7 · Other salaries and wages

    total $61,861 · program services $21,365 · management and general $35,871 · fundraising $4,625

  • 9 · Other employee benefits

    total $1,056 · program services $0 · management and general $1,056 · fundraising $0

  • 10 · Payroll taxes

    total $6,198 · program services $0 · management and general $6,198 · fundraising $0

  • 11c · Fees: accounting

    total $1,870 · program services $0 · management and general $1,870 · fundraising $0

  • 16 · Occupancy

    total $9,991 · program services $0 · management and general $9,991 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $6,385 · program services $0 · management and general $6,385 · fundraising $0

  • 24a · Other expenses: PRINTING & COPYING

    total $2,048 · program services $0 · management and general $2,048 · fundraising $0

  • 24b · Other expenses: ADVERTISING

    total $2,760 · program services $1,340 · management and general $1,420 · fundraising $0

  • 24c · Other expenses: WEBSITE & DOMAIN

    total $2,686 · program services $0 · management and general $2,686 · fundraising $0

  • 24d · Other expenses: POSTAGE & MAILING

    total $90 · program services $0 · management and general $90 · fundraising $0

  • 24e · All other expenses

    total $30,634 · program services $2,338 · management and general $28,296 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $54,054 · end of year $4,014,009

  • 10a · Land, buildings and equipment: cost or other basis

    $407,491

  • 10b · Land, buildings and equipment: accumulated depreciation

    $123,121

  • 10c · Land, buildings and equipment, net

    beginning of year $114,785 · end of year $284,370

  • 15 · Other assets

    beginning of year $0 · end of year $19,547

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,117 · end of year $6,242

  • 31 · Retained earnings, endowment or other funds

    beginning of year $167,722 · end of year $4,311,684

Mission and programs · 2024

Mission

The organization exempt purpose is to help the local community nurture bilingualism by teaching Japanese and introducing Japanese culture using solely the Japanese Language

Activities or mission (Part I)

JAPANESE LANGUAGE SCHOOL

  • JAPANESE LANGUAGE SCHOOL

    Expenses $24,479 · Revenue $72,921

  • JAPANESE LANGUAGE SCHOOL

    Expenses $564 · Revenue $4,207,108

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Shinichi Seino

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • Richard Hashimoto

    TREASURE

    Total calculated
    $0
    Hours/week
    0
  • Dianne Matsuda

    SECRETARY

    Total calculated
    $0
    Hours/week
    0
  • Masahiko Minami

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Tetsuo Nishihira

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Mitsuhiko Fukuda

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Akihiko Tominaga

    OFFICER

    Total calculated
    $10,400
    From this org
    $10,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
10 May 2025
IRS schema version
2024v5.2
Source object
202512859349300316

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