Shinnyo En Foundation

San Bruno, CA
Tax-exempt since Aug. 1995
EIN: 94-3210876

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Revenue

$2.55M (2023)

Expenses

$1.35M (2023)

Total Assets

$30.2M (2023)

Total Liabilities

$156k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$2,545,883

Expenses

$1,348,760

Net Income

$1,197,123

Net Assets

$30,079,982

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,000,016	78.6%
Program Services	$0
Investment Income	$683,538	26.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$137,671
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$386,346	28.6%

Assets/Debt
Total Assets	$30,235,689
Total Liabilities	$155,707
Net Assets	$30,079,982

Compensation

Key Employees and Officers	Compensation	Related	Other
Ineko Tsuchida (Program Director)	$120,673	$0	$0
Rene Encarnacion (Controller)	$107,578	$0	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$155,000	$0
Fumio Ishizaka Until 103123 (Director)	$0	$0	$0
Reiko Hori (Director)	$0	$0	$0
Yoshie Takasugi (President)	$0	$0	$0
Chiaki Yasue Effective 11123 (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on Aug. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$2,553,679

Expenses

$1,317,946

Net Income

$1,235,733

Net Assets

$25,935,106

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,001,210	78.4%
Program Services	$0
Investment Income	$429,460	16.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$123,009	4.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$318,476	24.2%

Assets/Debt
Total Assets	$26,203,527
Total Liabilities	$268,421
Net Assets	$25,935,106

Compensation

Key Employees and Officers	Compensation	Related	Other
Ineko Tsuchida (Program Director)	$117,184	$0	$13,807
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$140,000	$0
Fumio Ishizaka (Director)	$0	$0	$0
Reiko Hori (Director)	$0	$0	$0
Yoshie Takasugi (President)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on Nov. 14, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$1,951,028

Expenses

$1,215,233

Net Income

$735,795

Net Assets

$28,823,311

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,507,066	77.2%
Program Services	$0
Investment Income	$393,770	20.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$50,192	2.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$362,099	29.8%

Assets/Debt
Total Assets	$28,915,235
Total Liabilities	$91,924
Net Assets	$28,823,311

Compensation

Key Employees and Officers	Compensation	Related	Other
Ineko Tsuchida (Program Director)	$114,683	$0	$13,948
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$140,000	$0
Fumio Ishizaka (Director)	$0	$0	$0
Reiko Hori (Director)	$0	$0	$0
Yoshie Takasugi (President)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on Aug. 3, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$2,316,883

Expenses

$1,328,710

Net Income

$988,173

Net Assets

$25,087,062

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,000,000	86.3%
Program Services	$0
Investment Income	$387,585	16.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$71,464
Net Inventory Sales	$0
Other Revenue	$762	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$345,874	26.0%

Assets/Debt
Total Assets	$25,147,546
Total Liabilities	$60,484
Net Assets	$25,087,062

Compensation

Key Employees and Officers	Compensation	Related	Other
Nobuko Adachi (President & Board Chairman)	$0	$0	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Kenji Yoshihori (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$140,000	$0
Fumio Ishizaka (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on March 24, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$3,607,562

Expenses

$1,418,146

Net Income

$2,189,416

Net Assets

$21,519,240

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,700,000	47.1%
Program Services	$0
Investment Income	$431,266	12.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,476,288	40.9%
Net Inventory Sales	$0
Other Revenue	$8	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$298,014	21.0%

Assets/Debt
Total Assets	$21,591,664
Total Liabilities	$72,424
Net Assets	$21,519,240

Compensation

Key Employees and Officers	Compensation	Related	Other
Nobuko Adachi (President & Board Chairman)	$0	$0	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Kenji Yoshihori (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$130,000	$0
Fumio Ishizaka (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on March 2, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$2,322,490

Expenses

$1,386,036

Net Income

$936,454

Net Assets

$17,746,369

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,700,000	73.2%
Program Services	$0
Investment Income	$410,408	17.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$212,080	9.1%
Net Inventory Sales	$0
Other Revenue	$2	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$266,766	19.2%

Assets/Debt
Total Assets	$17,829,140
Total Liabilities	$82,771
Net Assets	$17,746,369

Compensation

Key Employees and Officers	Compensation	Related	Other
Nobuko Adachi (President & Board Chairman)	$0	$0	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Kenji Yoshihori (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$125,000	$0
Fumio Ishizaka (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on May 2, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$2,085,027

Expenses

$1,316,811

Net Income

$768,216

Net Assets

$18,108,043

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,500,697	72.0%
Program Services	$0
Investment Income	$448,480	21.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$135,832	6.5%
Net Inventory Sales	$0
Other Revenue	$18	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$274,681	20.9%

Assets/Debt
Total Assets	$18,140,335
Total Liabilities	$32,292
Net Assets	$18,108,043

Compensation

Key Employees and Officers	Compensation	Related	Other
Nobuko Adachi (President & Board Chairman)	$0	$0	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Kenji Yoshihori (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$117,500	$0
Fumio Ishizaka (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on March 12, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$2,141,616

Expenses

$1,246,129

Net Income

$895,487

Net Assets

$15,481,806

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,700,000	79.4%
Program Services	$0
Investment Income	$413,625	19.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$27,991	1.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$241,731	19.4%

Assets/Debt
Total Assets	$15,527,328
Total Liabilities	$45,522
Net Assets	$15,481,806

Compensation

Key Employees and Officers	Compensation	Related	Other
Nobuko Adachi (President & Board Chairman)	$0	$0	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Kenji Yoshihori (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$107,000	$0
Fumio Ishizaka (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on April 5, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$1,457,593

Expenses

$1,216,747

Net Income

$240,846

Net Assets

$14,238,047

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,000,201	68.6%
Program Services	$0
Investment Income	$471,286	32.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$13,894
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$232,938	19.1%

Assets/Debt
Total Assets	$14,273,304
Total Liabilities	$35,257
Net Assets	$14,238,047

Compensation

Key Employees and Officers	Compensation	Related	Other
Nobuko Adachi (Chairman)	$0	$0	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Kenji Yoshihori (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$100,000	$0
Fumio Ishizaka (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on March 28, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$1,468,829

Expenses

$1,316,326

Net Income

$152,503

Net Assets

$14,502,000

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,001,000	68.1%
Program Services	$0
Investment Income	$513,379	35.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$45,550
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$238,903	18.1%

Assets/Debt
Total Assets	$14,548,308
Total Liabilities	$46,308
Net Assets	$14,502,000

Compensation

Key Employees and Officers	Compensation	Related	Other
Nobuko Adachi (President)	$0	$0	$0
Tsutomu Ben Takagi (Vice President (Left Oct 2014))	$0	$71,250	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Nichelle Madrigal (Director (Left Oct 2014))	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Kenji Yoshihori (Director)	$0	$0	$0
Jack Gibson (Vice President & Secretary)	$0	$23,750	$0
Fumio Ishizaka (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on March 5, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$1,401,966

Expenses

$1,125,078

Net Income

$276,888

Net Assets

$13,723,178

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,000,000	71.3%
Program Services	$0
Investment Income	$341,130	24.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$60,836	4.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$184,451	16.4%

Assets/Debt
Total Assets	$13,744,236
Total Liabilities	$21,058
Net Assets	$13,723,178

Compensation

Key Employees and Officers	Compensation	Related	Other
Nobuko Adachi (President)	$0	$0	$0
Tsutomu Ben Takagi (Vice President)	$0	$90,000	$0
Eitaro Hayashi (Director)	$0	$0	$0
Kenta Kasai (Director)	$0	$0	$0
Nichelle Madrigal (Director)	$0	$0	$0
Rei Sakasai (Director)	$0	$0	$0
Naruhiko Yoshida (Director)	$0	$0	$0
Kenji Yoshihori (Director)	$0	$0	$0
Ryoko Hattori (Cfo)	$0	$0	$0

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990

Filed on Feb. 28, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$2,137,165

Expenses

$1,251,453

Net Income

$885,712

Net Assets

$12,402,733

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,504,947	70.4%
Program Services	$0
Investment Income	$319,899	15.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$312,319	14.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$177,500	14.2%

Assets/Debt
Total Assets	$12,634,444
Total Liabilities	$231,711
Net Assets	$12,402,733

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,552,747

Expenses

$1,584,618

Net Income

-$31,871

Net Assets

$10,979,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,500,200	96.6%
Program Services	$0
Investment Income	$283,294	18.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$230,747
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$120,951	7.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$258,804	16.3%

Assets/Debt
Total Assets	$11,062,125
Total Liabilities	$82,267
Net Assets	$10,979,858

990

Primary tax return for a nonprofit’s activities, finances, and governance

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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Shinnyo En Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.55M (2023)

Expenses $1.35M (2023)

Total Assets $30.2M (2023)

Total Liabilities $156k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$2.55M (2023)

Expenses

$1.35M (2023)

Total Assets

$30.2M (2023)

Total Liabilities

$156k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2001