Civic Intelligence

Little Tokyo Service Center Inc

EIN 95-3451280 • 501(c)3 • Los Angeles, CA

Profile

Its mission is to provide and facilitate bicultural and bilingual social services, referrals, low income housing and community development, and advocacy, primarily to the broader southern california japanese american community (including those whose activities interface with little tokyo) directly and/or through affiliated organizations.

231 East Third Street G-106Los Angeles, CA 90013

www.ltsc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

4.83x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

97th percentile

6.54x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

11th percentile

-18%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

74th percentile

30%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,153,004

Down $108,192 (-8.6%) from 2023

Liabilities

Up

$5,572,373

Up $90,908 (+1.7%) from 2023

Net Assets

Down

-$4,419,369

Down $199,100 (-4.7%) from 2023

Revenue

Up

$852,693

Up $301,064 (+55%) from 2023

Expenses

Up

$968,168

Up $327,328 (+51%) from 2023

Net Income

Down

-$115,475

Down $26,264 (-29%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $2,752,487Liabilities 2010: $1,183,050Net Assets 2010: $1,569,4372010Assets 2011: $2,415,349Liabilities 2011: $999,494Net Assets 2011: $1,415,8552011Assets 2012: $1,631,691Liabilities 2012: $773,713Net Assets 2012: $857,9782012Assets 2013: $1,603,533Liabilities 2013: $686,054Net Assets 2013: $917,4792013Assets 2014: $1,540,864Liabilities 2014: $574,922Net Assets 2014: $965,9422014Assets 2015: $983,071Liabilities 2015: $3,845,577Net Assets 2015: -$2,862,5062015Assets 2016: $925,978Liabilities 2016: $4,008,998Net Assets 2016: -$3,083,0202016Assets 2017: $977,895Liabilities 2017: $4,243,905Net Assets 2017: -$3,266,0102017Assets 2018: $685,989Liabilities 2018: $4,278,190Net Assets 2018: -$3,592,2012018Assets 2019: $738,818Liabilities 2019: $4,416,581Net Assets 2019: -$3,677,7632019Assets 2020: $1,131,426Liabilities 2020: $4,995,993Net Assets 2020: -$3,864,5672020Assets 2021: $847,115Liabilities 2021: $4,889,414Net Assets 2021: -$4,042,2992021Assets 2022: $928,158Liabilities 2022: $5,059,216Net Assets 2022: -$4,131,0582022Assets 2023: $1,261,196Liabilities 2023: $5,481,465Net Assets 2023: -$4,220,2692023Assets 2025: $1,153,004Liabilities 2025: $5,572,373Net Assets 2025: -$4,419,3692025

Highlighted filing

2025

Assets$1,153,004
Liabilities$5,572,373
Net Assets-$4,419,369

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $237,5602010Revenue 2011: $89,571Expenses 2011: $527,806Net Income 2011: -$438,2352011Expenses 2012: $860,4802012Revenue 2013: $355,868Expenses 2013: $296,367Net Income 2013: $59,5012013Revenue 2014: $320,566Expenses 2014: $272,103Net Income 2014: $48,4632014Revenue 2015: $390,581Expenses 2015: $681,308Net Income 2015: -$290,7272015Revenue 2016: $447,727Expenses 2016: $668,241Net Income 2016: -$220,5142016Revenue 2017: $329,605Expenses 2017: $512,595Net Income 2017: -$182,9902017Revenue 2018: $376,609Expenses 2018: $702,800Net Income 2018: -$326,1912018Revenue 2019: $452,796Expenses 2019: $538,358Net Income 2019: -$85,5622019Revenue 2020: $598,878Expenses 2020: $785,681Net Income 2020: -$186,8032020Revenue 2021: $462,876Expenses 2021: $640,608Net Income 2021: -$177,7322021Revenue 2022: $476,705Expenses 2022: $565,464Net Income 2022: -$88,7592022Revenue 2023: $551,629Expenses 2023: $640,840Net Income 2023: -$89,2112023Revenue 2025: $852,693Expenses 2025: $968,168Net Income 2025: -$115,4752025

Highlighted filing

2025

Revenue$852,693
Expenses$968,168
Net Income-$115,475

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$5.57$4.42$0.85$0.97$0.12
2023Summary only. Only limited summary data is available for this year.$1.26$5.48$4.22$0.55$0.64$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$5.06$4.13$0.48$0.57$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$4.89$4.04$0.46$0.64$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$5.00$3.86$0.60$0.79$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$4.42$3.68$0.45$0.54$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$4.28$3.59$0.38$0.70$0.33
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$4.24$3.27$0.33$0.51$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.93$4.01$3.08$0.45$0.67$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.98$3.85$2.86$0.39$0.68$0.29
2014Summary only. Only limited summary data is available for this year.$1.54$0.57$0.97$0.32$0.27$0.05
2013Summary only. Only limited summary data is available for this year.$1.60$0.69$0.92$0.36$0.30$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.77$0.86$0.86
2011Summary only. Only limited summary data is available for this year.$2.42$1.00$1.42$0.09$0.53$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$1.18$1.57$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 21, 2026
Return Version
2024v5.5
Gross Receipts
$852,693
Mission and Program Overview

Mission

Its mission is to provide and facilitate bicultural and bilingual social services, referrals, low income housing and community development, and advocacy, primarily to the broader southern california japanese american community (including those whose activities interface with little tokyo) directly and/or through affiliated organizations.

Its mission is to provide and facilitate bicultural and bilingual social services, referrals, low income housing and community development, and advocacy, primarily to the broader southern california japanese american community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$998,333$1,029,470▲ $31,137
Cash and Non-Interest-Bearing Accounts$403,684$113,990▼ $289,694
Other Notes and Loans Receivable, Net$24,925$24,925→ $0
Prepaid Expenses and Deferred Charges$5,292$5,034▼ $258
Land, Buildings, and Equipment, Net$4,318$4,010▼ $308
Accounts Receivable$-24,525$-24,425▲ $100
Total Assets$1,412,027$1,153,004▼ $259,023
Liabilities
Other Liabilities$5,395,921$5,572,275▲ $176,354
Accounts Payable and Accrued Expenses$320,000$98▼ $319,902
Total Liabilities$5,715,921$5,572,373▼ $143,548
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,303,894$-4,419,369▼ $115,475
Total Net Assets Fund Balance$-4,303,894$-4,419,369▼ $115,475
Total Liabilities and Net Assets / Fund Balance$1,412,027$1,153,004▼ $259,023

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$4,010$8,020$12,030
Other Securities$1,029,470--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy HonjiyoPresident
Glenn SanadaSecretary
Ron HiranoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$821,555
Investment Income
$0
Other Revenue
$31,138
Change in Net Assets
$-115,475

Audited Revenue Reconciliation

Revenue per Audited Statements
$852,693
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$852,693
Total Revenue per Form 990
$852,693
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$770,000
Other Expenses$198,168
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$770,000--$770,000
Other Expenses$176,354--$176,354
Insurance-$15,361-$15,361
Fees for Services Accounting-$6,145-$6,145
Depreciation Depletion-$308-$308
Total Functional Expenses$946,354$21,814$0$968,168

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$968,168
Total Expenses per Audited Statements$968,168
Total Expenses per Form 990$968,168
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ltsc Community Development CorporationLos Angeles, CA501(c)(3)PURPOSE WAS TO PROVIDE OPERATING SUPPORT FOR THE ORGANIZATION'S SOCIAL SERVICES AND COMMUNITY DEVELOPMENT PROGRAMS$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investment in San Pedro Firm Buildi$5,572,275
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

1979 legacy corp.'s outside auditors and finance staff prepare form 990. The form is then reviewed and approved by the organization's chief financial officer and chief executive officer. The form is then sent to the full board before filing.

Form 990, Part VI, Section B, Line 12C

1979 legacy corp. ("1979 legacy") requires all directors to annually sign a statement affirming a) receipt of 1979 legacy's conflict of interest policy, b) understanding of the policy, and c) agreement with the policy. 1979 legacy's conflict of interest policy describes how 1979 legacy will resolve possible conflicts of interest.

Form 990, Part VI, Section C, Line 19

Some or all of these items may be available as part of a public grant application. However, there is no process for making these available to the public.

Filing and Contact Details

Filer

Filer Name
1979 Legacy Corp
EIN
95-3451280
Phone
2134733030
Address
231 EAST THIRD STREET G-106, LOS ANGELES, CA 90013

Signing Officer

Name
Glenn Sanada
Title
Secretary
Phone
2134733030
Signed
2026-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Sanada
Formed
1979
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Robert J Doyle Jr
Phone
3178485700
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

Oversight of auditing function an audit committee reviews the compilation results and selection of the auditing firm through a periodic competitive bidding process.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the financial statements. Even though the corporation is recognized as tax exempt, it still may be liable for tax on its unrelated business income (ubi). The corporation evaluates uncertain tax positions through its review of the sources of income to identify ubi and certain other matters, including those which may affect its tax-exempt status. The effect of the uncertainty would be recorded if the outcome was considered probable and reasonably estimable. As of june 30, 2025 and 2024, the corporation had no uncertain tax positions requiring accrual.

Raw XML AppendixShowing 400 of 411 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.

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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08020
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05572275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTMENT IN SAN PEDRO FIRM BUILDI
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN AFFILIATES
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE FINANCIAL STATEMENTS. EVEN THOUGH THE CORPORATION IS RECOGNIZED AS TAX EXEMPT, IT STILL MAY BE LIABLE FOR TAX ON ITS UNRELATED BUSINESS INCOME (UBI). THE CORPORATION EVALUATES UNCERTAIN TAX POSITIONS THROUGH ITS REVIEW OF THE SOURCES OF INCOME TO IDENTIFY UBI AND CERTAIN OTHER MATTERS, INCLUDING THOSE WHICH MAY AFFECT ITS TAX-EXEMPT STATUS. THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. AS OF JUNE 30, 2025 AND 2024, THE CORPORATION HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PURPOSE WAS TO PROVIDE OPERATING SUPPORT FOR THE ORGANIZATION'S SOCIAL SERVICES AND COMMUNITY DEVELOPMENT PROGRAMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LTSC COMMUNITY DEVELOPMENT CORPORATION
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IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt01979 LEGACY CORP.'S BOARD RECEIVES QUARTERLY REPORTS ON THE ACTIVITIES OF THE ORGANIZATION AND ON THE IMPACT THE FUNDS IT HAS CONTRIBUTED TO THE RECIPIENT AGENCY HAVE MADE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01979 LEGACY CORP.'S OUTSIDE AUDITORS AND FINANCE STAFF PREPARE FORM 990. THE FORM IS THEN REVIEWED AND APPROVED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER. THE FORM IS THEN SENT TO THE FULL BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11979 LEGACY CORP. ("1979 LEGACY") REQUIRES ALL DIRECTORS TO ANNUALLY SIGN A STATEMENT AFFIRMING A) RECEIPT OF 1979 LEGACY'S CONFLICT OF INTEREST POLICY, B) UNDERSTANDING OF THE POLICY, AND C) AGREEMENT WITH THE POLICY. 1979 LEGACY'S CONFLICT OF INTEREST POLICY DESCRIBES HOW 1979 LEGACY WILL RESOLVE POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOME OR ALL OF THESE ITEMS MAY BE AVAILABLE AS PART OF A PUBLIC GRANT APPLICATION. HOWEVER, THERE IS NO PROCESS FOR MAKING THESE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OVERSIGHT OF AUDITING FUNCTION AN AUDIT COMMITTEE REVIEWS THE COMPILATION RESULTS AND SELECTION OF THE AUDITING FIRM THROUGH A PERIODIC COMPETITIVE BIDDING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0LTSC COMMUNITY DEVELOPMENT CORP
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt02449 HYPERION LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1SAN PEDRO FIRM BUILDING LP
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IRS990/UponRequestInd0X
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IRS990/VotingMembersGoverningBodyCnt03
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GLENN SANADA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02134733030
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt01979 LEGACY CORP
ReturnHeader/Filer/BusinessNameControlTxt01979
ReturnHeader/Filer/EIN0953451280
ReturnHeader/Filer/PhoneNum02134733030
ReturnHeader/Filer/USAddress/AddressLine1Txt0231 EAST THIRD STREET G-106
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAUBY O'CONNOR & ZALESKI LLC

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