Civic Intelligence

Teikyo Foundation Inc

990PF • Fiscal year 2023 • EIN 59-2896682

May 01, 2022 to Apr 30, 2023 • Filed on Mar 14, 2024

Organization Profile
446 N Woodland StEnglewood, NJ 07631

(201) 569-9849

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-404%

Higher net margin than 4% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • <$500k nonprofits • Source year 2023

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

66%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $4,103,499 (-100%) from 2022

Net Assets

Down

$0

Down $4,103,499 (-100%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin4th percentile

Revenue

Up

$92,039

Up $36,582 (+66%) from 2022

Expenses

Up

$463,854

Up $459,296 (+10077%) from 2022

Net Income

Down

-$371,815

Down $422,714 (-830%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,812,346Liabilities 2011: $0Net Assets 2011: $3,812,3462011Assets 2012: $3,846,833Liabilities 2012: $0Net Assets 2012: $3,846,8332012Assets 2013: $3,889,337Liabilities 2013: $0Net Assets 2013: $3,889,3372013Assets 2014: $4,239,273Liabilities 2014: $0Net Assets 2014: $4,239,2732014Assets 2015: $4,493,431Liabilities 2015: $0Net Assets 2015: $4,493,4312015Assets 2016: $3,875,398Liabilities 2016: $0Net Assets 2016: $3,875,3982016Assets 2017: $3,393,942Liabilities 2017: $0Net Assets 2017: $3,393,9422017Assets 2019: $3,938,681Liabilities 2019: $0Net Assets 2019: $3,938,6812019Assets 2020: $3,963,746Liabilities 2020: $4,250Net Assets 2020: $3,959,4962020Assets 2021: $4,053,127Liabilities 2021: $527Net Assets 2021: $4,052,6002021Assets 2022: $4,103,499Liabilities 2022: $0Net Assets 2022: $4,103,4992022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth84th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $64,0132011Expenses 2012: $18,5492012Expenses 2013: $60,8852013Revenue 2014: $369,249Expenses 2014: $19,313Net Income 2014: $349,9362014Revenue 2015: $1,027,979Expenses 2015: $773,821Net Income 2015: $254,1582015Revenue 2016: $1,001,357Expenses 2016: $1,619,390Net Income 2016: -$618,0332016Revenue 2017: $58,799Expenses 2017: $540,255Net Income 2017: -$481,4562017Revenue 2019: $112,384Expenses 2019: $66,328Net Income 2019: $46,0562019Revenue 2020: $38,548Expenses 2020: $17,733Net Income 2020: $20,8152020Revenue 2021: $101,135Expenses 2021: $8,031Net Income 2021: $93,1042021Revenue 2022: $55,457Expenses 2022: $4,558Net Income 2022: $50,8992022Revenue 2023: $92,039Expenses 2023: $463,854Net Income 2023: -$371,8152023

Highlighted filing

2023

Revenue$92,039
Expenses$463,854
Net Income-$371,815
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Mar 14, 2024
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YOSHIHITO OKINAGAPres/Director-$0--
Filing and Contact Details

Filer

Filer Name
Teikyo Foundation Inc
EIN
59-2896682
Phone
2015699849
Address
446 N WOODLAND ST, ENGLEWOOD, NJ 07631

Signing Officer

Name
Yoshihito Okinaga
Title
Pres/Director
Phone
2015699849
Signed
2024-03-14

Preparer

Firm
MELBY & ASSOCIATES PA CPA'S
Address
6420 CENTRAL AVENUE, SAINT PETERSBURG, FL 33707
Preparer
Robert M Melby CPA
Phone
7273277771
Raw XML Appendix211 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
AccountingFeesSchedule/AccountingFeesDetail/Amt04100
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0ACCOUNTING FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt04100
CompensationExplanation/CompensationExplanationGrp/PersonNm0YOSHIHITO OKINAGA
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0YOSHIHTO OKINAGA
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0VANGUARD 500 INDEX ADM
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm1VANGUARD INDEX EXT ADM
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm2VANGUARD WELLINGTON ADM
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm3VANGUARD MONEY MARKET RESERVE
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt026247
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt061692
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt087939
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt087939
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt04100
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt04100
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt061692
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt0459601
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt0459601
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt04100
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt026247
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt026247
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-371815
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt061692
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt061692
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt087786
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt0153
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0153
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0463701
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0153
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0463854
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt087939
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt092039
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt04100
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0153
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt04253
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt061692
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-371815
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt03731684
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt03731684
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt04103499
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0197207
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0197207
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0197207
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0198427
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt01220
IRS990PF/DistributableAmountGrp/TotalTaxAmt01220
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt036
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt01220
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt01220
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt01220
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt01256
IRS990PF/FinalReturnInd0X
IRS990PF/FMVAssetsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt03008127
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt01095372
IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsBOYAmt04103499
IRS990PF/Form990PFBalanceSheetsGrp/OrganizationFollowsFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt04103499
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt04103499
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt04103499
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt00
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt04028965
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt01851335
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt02177630
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt060434
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0198427
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt03968531
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt04028965
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ForeignAddress/AddressLine1Txt02-11-1 KAGA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ForeignAddress/AddressLine2Txt0ITABASHI-KU
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ForeignAddress/CityNm0TOKYO
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ForeignAddress/CountryCd0JA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ForeignAddress/ForeignPostalCd0173-8605
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0YOSHIHITO OKINAGA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRES/DIR
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt0463701
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt0463701
IRS990PF/PFStatusTermSect507b1AInd0X
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0true
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/MaintainedExpenditureRspnsInd0true
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransactionsFailToQlfyAsExcInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt08400 E CRESCENT PARKWAY STE 600
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0DENVER
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0CO
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd080111
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0true
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0DAVID BOYLL
IRS990PF/StatementsRegardingActyGrp/PhoneNum07204763183
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0459601
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0EDUCATIONAL OR CHARITABLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0OKINAGA FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0446 N WOODLAND ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0ENGLEWOOD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NJ
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd007631
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NONE
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0459601
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt048345
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0266494
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0197207
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0148862
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0148862
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0463701
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0148862
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt0148862
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0148862
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0266494
LiquidationExplanationStmt/ExplanationTxt0A PLAN OF DISSOLUTION WAS ADOPTED BY THE BOARD OF DIRECTORS ON FEBRUARY 27, 2020. TEIKYO FOUNDATION WAS EFFECTIVELY DISSOLVED ON FEBRUARY 29, 2020 UPON FILING THE ARTICLES OF DISSOLUTION WITH THE FLORIDA DEPARTMENT OF STATE. AS PART OF IT'S WINDING UP PHASE OF THE DISSOLUTION , TEIKYO FOUNDATION ATTEMPTED TO CLOSE OUT ITS INVESTMENT ACCOUNTS WITH THE VANGUARD GROUP, INC., BUT RAN INTO ISSUES WITH VANGUARD. AFTER SEVERAL FAILED ATTEMPTS, TEIKYO FOUNDATION WAS FINALLY ABLE TO GET VANGUARD TO COMPLETE THE TRANSFER OF INVESTMENTS. DURING FISCAL YEAR ENDED APRIL 30, 2023, TEIKYO FOUNDATION TRANFERED ITS INVESTMENTS ASSETS AND REMAINING CASH TO OKINAGA FOUNDATION, A NONOPERATING PRIVATE FOUNDATON. TEIKYO FOUNDATION AND OKINAGA FOUNDATION ARE EFFECTIVELY CONTROLLED BY THE SAME PERSON OR PERSONS. UNDER SECTION 1.507 -3(A)(9)(L), IF A PRIVATE FOUNDATION TRANSFERS ALL OR A PORTION OF ITS NET ASSETS TO ONE OR MORE PRIVATE FOUNDATIONS THAT ARE EFFECTIVELY CONTROLLED, DIRECTLY OR INDIRECTLY, BY THE SAME PERSON OR PERSONS THAT EFFECTIVELY CONTROL THE TRANSFEROR ORIVATE FOUNDATION, THE TRANSFEREE PRIVATE FOUNDATION WILL BE TREATED AS IF IT WERE THE TRANSFEROR PRIVATE FOUNDATION FOR PURPOSES OF SECION 4940 THROUGH 4948 AND SECTIONS 507 THROUGH 509. CASH IN THE AMOUNT OF 2,229,595 AND INVESTMENTS HELD PRIMARILY AS MUTUAL FUND SHARES IN THE AMOUNT OF 1,502,089 WERE TRANSFERED TO THE OKINAGA FOUNDATION FOR A TOTAL OF 3,731,684. STATEMENT REGARDING EXPENDITURE RESPONSIBILITY TEIKYO FOUNDATION DISBURSED 459,601 OF ITS QUALIFIED DISTRIBUTION TO OKINAGA FOUNDATION WHICH SPENT OR PROVIDED GRANTS TO QUALIFIED CHARITIES OR EDUCATIONAL INSTITUTIOINS FOLLOWING THE DISSOLUTION OF THE TEIKYO FOUNDATION. THESE FUNDS WILL BE DEDUCTED FROM OKINAGA CORPUS AND TREATED AS DISTRIBUTIONS "OUT OF CORPUS" WITHIN THE MEANING OF TREAS. REG, SECTION 53.4942(A)-3(C). ON OKINAGA'S TAX RETURNS AND WILL NOT BE COUNTED AS QUALIFYING DISTRIBUTIONS FOR THE YEARS ENDED JUNE 30, 2023 AND 2024.
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0ESTIMATED TAXES PREPAID
OtherDecreasesSchedule/OtherDecreasesDetail/Amt03731684
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0EXTRAORDINARY DECREASE IN NET ASSETS:
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0153
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0153
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YOSHIHITO OKINAGA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES/DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02015699849
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEIKYO FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CO-MICHIKO CRAMPE
ReturnHeader/Filer/BusinessNameControlTxt0TEIK
ReturnHeader/Filer/EIN0592896682
ReturnHeader/Filer/PhoneNum02015699849
ReturnHeader/Filer/USAddress/AddressLine1Txt0446 N WOODLAND ST
ReturnHeader/Filer/USAddress/CityNm0ENGLEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007631
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461110900
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MELBY & ASSOCIATES PA CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06420 CENTRAL AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PETERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033707
ReturnHeader/PreparerPersonGrp/PhoneNum07273277771
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT M MELBY CPA
ReturnHeader/ReturnTs02024-03-15T14:14:33-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YOSHIHTO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OKINAGA
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$92,039
Expenses
$463,854
Net income
-$371,815
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.09$0.46$0.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.10$0.00$4.10$0.06$0.00$0.05
2021Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$0.10$0.01$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.96$0.00$3.96$0.04$0.02$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$0.00$3.94$0.11$0.07$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.39$0.00$3.39$0.06$0.54$0.48
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.88$0.00$3.88$1.00$1.62$0.62
2015Detailed filing. Detailed filing data is available for this year.$4.49$0.00$4.49$1.03$0.77$0.25
2014Detailed filing. Detailed filing data is available for this year.$4.24$0.00$4.24$0.37$0.02$0.35
2013Detailed filing. Detailed filing data is available for this year.$3.89$0.00$3.89$0.06
2012Detailed filing. Detailed filing data is available for this year.$3.85$0.00$3.85$0.02
2011Detailed filing. Detailed filing data is available for this year.$3.81$0.00$3.81$0.06