Civic Intelligence

Nishiyamato Inc DBA Nishiyamato Academy of California

990 • Fiscal year 2019 • EIN 33-0526320

Apr 01, 2018 to Mar 31, 2019 • Filed on May 11, 2019

2458 Lomita BlvdLomita, CA 90717

(310) 325-7040

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

62nd percentile

$149,256

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

64th percentile

7.9%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-4.5%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,335,003

Up $392,856 (+7.9%) from 2018

Net Assets

Up

$5,334,009

Up $405,351 (+8.2%) from 2018

Liabilities

Down

$994

Down $12,495 (-93%) from 2018

Revenue

Down

$3,728,650

Down $176,692 (-4.5%) from 2018

Expenses

Up

$3,323,300

Up $19,592 (+0.6%) from 2018

Net Income

Down

$405,350

Down $196,284 (-33%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2015: $3,253,367Liabilities 2015: $43,420Net Assets 2015: $3,209,9472015Assets 2016: $3,592,174Liabilities 2016: $35,844Net Assets 2016: $3,556,3302016Assets 2017: $4,350,121Liabilities 2017: $23,097Net Assets 2017: $4,327,0242017Assets 2018: $4,942,147Liabilities 2018: $13,489Net Assets 2018: $4,928,6582018Assets 2019: $5,335,003Liabilities 2019: $994Net Assets 2019: $5,334,0092019Assets 2020: $5,939,778Liabilities 2020: $280Net Assets 2020: $5,939,4982020Assets 2021: $7,080,937Liabilities 2021: $582Net Assets 2021: $7,080,3552021Assets 2022: $7,370,124Liabilities 2022: $948Net Assets 2022: $7,369,1762022Assets 2023: $7,955,049Liabilities 2023: $13,676Net Assets 2023: $7,941,3732023Assets 2024: $8,130,355Liabilities 2024: $1,424Net Assets 2024: $8,128,9312024Assets 2025: $9,695,188Liabilities 2025: $839Net Assets 2025: $9,694,3492025

Highlighted filing

2019

Assets$5,335,003
Liabilities$994
Net Assets$5,334,009

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2015: $3,137,712Expenses 2015: $3,008,245Net Income 2015: $129,4672015Revenue 2016: $3,442,608Expenses 2016: $3,096,225Net Income 2016: $346,3832016Revenue 2017: $4,062,686Expenses 2017: $3,291,992Net Income 2017: $770,6942017Revenue 2018: $3,905,342Expenses 2018: $3,303,708Net Income 2018: $601,6342018Revenue 2019: $3,728,650Expenses 2019: $3,323,300Net Income 2019: $405,3502019Revenue 2020: $4,383,921Expenses 2020: $3,472,197Net Income 2020: $911,7242020Revenue 2021: $3,867,805Expenses 2021: $2,726,948Net Income 2021: $1,140,8572021Revenue 2022: $3,408,690Expenses 2022: $3,119,869Net Income 2022: $288,8212022Revenue 2023: $4,119,552Expenses 2023: $3,547,355Net Income 2023: $572,1972023Revenue 2024: $3,814,286Expenses 2024: $3,626,728Net Income 2024: $187,5582024Revenue 2025: $4,819,728Expenses 2025: $3,851,074Net Income 2025: $968,6542025

Highlighted filing

2019

Revenue$3,728,650
Expenses$3,323,300
Net Income$405,350
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
May 11, 2019
Return Version
2018v3.1
Gross Receipts
$3,728,650
Mission and Program Overview

Mission

To provide balanced educational program from kindergarten to high school where students can be prepared and provided with necessary skills to meet the challengesof the 21st century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,260,833$4,666,184▲ $405,351
Cash and Non-Interest-Bearing Accounts$3,368,508$3,771,724▲ $403,216
Savings and Temporary Cash Investments$984,233$988,575▲ $4,342
Pd in Cap Srpls Land Bldg Eqp Fund$637,825$637,825→ $0
Land, Buildings, and Equipment, Net$589,406$574,704▼ $14,702
Cap Stk Tr Prin Current Funds$30,000$30,000→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,942,147$5,335,003▲ $392,856
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$13,489$994▼ $12,495
Total Liabilities$13,489$994▼ $12,495
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,928,658$5,334,009▲ $405,351
Total Liabilities and Net Assets / Fund Balance$4,942,147$5,335,003▲ $392,856

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$547,728$1,318,621$1,866,349
Equipment$23,207$94,943$118,150
Other Land Buildings$3,769$-3,769-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Katsuyuki NishikawaPresident & CEOFT$149,256$149,256
Natsuko TanoseTreasurerFT$93,700$93,700
Revenue and Support

Revenue Composition

Contributions and Grants
$707,533
Program Service Revenue
$3,016,790
Investment Income
$4,327
Other Revenue
$0
All Other Contributions
$707,533
Change in Net Assets
$405,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,032,688
Other Expenses$1,290,612
Total Fundraising Expense$178,309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,312,508$246,095$82,032$1,640,635
Occupancy$351,114$65,834$21,944$438,892
Current Officers, Directors, Trustees, and Key Employees$109,330$109,330$24,296$242,956
All Other Expenses$151,289$28,370$9,452$189,111
Insurance$125,423$23,517$7,839$156,779
Payroll Taxes$119,278$22,364$7,455$149,097
Other Expenses$41,300$7,744$2,581$51,625
Depreciation Depletion$27,842$5,221$1,740$34,803
Fees for Services Legal$25,606$4,802$1,600$32,008
Fees for Services Accounting$16,400$3,075$1,025$20,500
Advertising$16,155$3,029$1,010$20,194
Travel$13,933$2,612$871$17,416
Office Expenses$7,463$1,400$466$9,329
Total Functional Expenses$2,573,605$571,386$178,309$3,323,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Husband and wife

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Nishiyamato Gakuen owns 100% common stock of the Corporation.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Directors and Offficers of the Corporation are elecled by the Stockholders on an annual basis.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Major decisions made by the governing body must be verified and approved by the stockholder.

Form 990, Part VI, Line 11B: Form 990 Review Process

Copy of the form 990 are provided and explained to the Management and the Board of Directors for approval prior to submit to the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Directors and officers are required to disclose any conflicts with the Corporation at the Management Meeting and annual Board of Directors meeting.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation of the CEO, executive directors and top management officers are determined by a review of performance process in which the reponsibility, performance of the organization versus budget, industry's comparable data are considered and approved by the stockholder.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation for other officers or key employees are reviewed through an employee performance review process in which the industry's comparable data are used to determine the compensation and approved by the Board of directors.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The Organization discloses its policy through local major newspaper company.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization discloses its policy of disclosure of governing documents, confilct of interest policy,its financial statements are available to the pubblic upon request at its Corporate Headquarter office.

Filing and Contact Details

Filer

Filer Name
Nishiyamato Inc
EIN
33-0526320
Phone
3103257040
Address
2458 LOMITA BLVD, LOMITA, CA 90717

Signing Officer

Name
Katsuyuki Nishikawa
Title
President & CEO
Signed
2019-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katsuyuki Nishikawa
Formed
1993
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
1
Employees
103
Volunteers
100

Preparer

Firm
Tin Huu Tran CPA
Address
9611 Monaco Dr, Cypress, CA 90630
Preparer
Tin H Tran
Phone
7144969932
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IRS990/PYOtherExpensesAmt01327281
IRS990/PYProgramServiceRevenueAmt03123640
IRS990/PYRevenuesLessExpensesAmt0601634
IRS990/PYSalariesCompEmpBnftPaidAmt01976427
IRS990/PYTotalExpensesAmt03303708
IRS990/PYTotalRevenueAmt03905342
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0405350
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03021117
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04260833
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04666184
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0984233
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0988575
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt023207
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094943
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0118150
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0547728
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01318621
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01866349
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03769
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0-3769
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0574704
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The organization has a policy and procedure to publicize its racially nondiscriminatory policy through local major newspaper on an annual basis.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Husband and wife
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Nishiyamato Gakuen owns 100% common stock of the Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Directors and Offficers of the Corporation are elecled by the Stockholders on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Major decisions made by the governing body must be verified and approved by the stockholder.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Copy of the form 990 are provided and explained to the Management and the Board of Directors for approval prior to submit to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Directors and officers are required to disclose any conflicts with the Corporation at the Management Meeting and annual Board of Directors meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Compensation of the CEO, executive directors and top management officers are determined by a review of performance process in which the reponsibility, performance of the organization versus budget, industry's comparable data are considered and approved by the stockholder.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Compensation for other officers or key employees are reviewed through an employee performance review process in which the industry's comparable data are used to determine the compensation and approved by the Board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The Organization discloses its policy through local major newspaper company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The organization discloses its policy of disclosure of governing documents, confilct of interest policy,its financial statements are available to the pubblic upon request at its Corporate Headquarter office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04942147
IRS990/TotalAssetsEOYAmt05335003
IRS990/TotalAssetsGrp/BOYAmt04942147
IRS990/TotalAssetsGrp/EOYAmt05335003
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0707533
IRS990/TotalEmployeeCnt0103
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0178309
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0571386
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02573605
IRS990/TotalFunctionalExpensesGrp/TotalAmt03323300
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013489
IRS990/TotalLiabilitiesEOYAmt0994
IRS990/TotalLiabilitiesGrp/BOYAmt013489
IRS990/TotalLiabilitiesGrp/EOYAmt0994
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04928658
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05334009
IRS990/TotalProgramServiceExpensesAmt02573605
IRS990/TotalProgramServiceRevenueAmt03016790
IRS990/TotalReportableCompFromOrgAmt0242956
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03021117
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03728650
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04942147
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05335003
IRS990/TravelGrp/FundraisingAmt0871
IRS990/TravelGrp/ManagementAndGeneralAmt02612
IRS990/TravelGrp/ProgramServicesAmt013933
IRS990/TravelGrp/TotalAmt017416
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02458 LOMITA BLVD
IRS990/USAddress/CityNm0LOMITA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090717
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0www.nacus.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Katsuyuki Nishikawa
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NISHIYAMATO INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA NISHIYAMATO ACADEMY OF CALIFORNIA
ReturnHeader/Filer/BusinessNameControlTxt0NISH
ReturnHeader/Filer/EIN0330526320
ReturnHeader/Filer/PhoneNum03103257040
ReturnHeader/Filer/USAddress/AddressLine1Txt02458 LOMITA BLVD
ReturnHeader/Filer/USAddress/CityNm0LOMITA

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