Akira Arimura Foundation in New Orleans, Louisiana (LA)

Organization representatives - add corrected or new information about Akira Arimura Foundation »

Non-representatives - add comments about Akira Arimura Foundation»

Akira Arimura Foundation
Employer Identification Number (EIN)721127616
Name of OrganizationAkira Arimura Foundation
Address150 Broadway St Apt 1012, New Orleans, LA 70118-7611
ActivitiesOther medical research, Scientific research (diseases)
SubsectionScientific Organization
Ruling Date01/1989
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$500,000 to $999,999
Income$10,000 to $24,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$507,199
Amount of Income$18,918
Form 990 Revenue Amount$17,326

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Assets at the end of 2014

Expenses for 2014

Analysis of Revenue and Expenses (for 2014)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$18,918$31,797$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$0
Dividends and interest from securities$0
Gross rents$18,918
Gross sales price for all assets$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$36,623$11,623$0$36,623
Compensation of officers, directors, trustees, etc.$0
Pension plans, employee benefits$0
Legal fees$1,618
Accounting fees$0
Travel, conferences, and meetings$0
Printing and publications$0
Total operating and administrative expenses$11,623$11,623$11,623
Contributions, gifts, grants paid$25,000
Excess of revenue over expenses and disbursements$-17,705
Net investment income$20,174
Adjusted net income$0
Balance Sheets
Book ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market ValueBook ValueFair Market Value
Total assets$483,840$478,409$444,257$444,257$474,051$474,051$507,199$507,199
Cash - non-interest-bearing$5,431$4,333$2,980$1,935
Investments-U.S. and state government obligations$103,900$106,269$109,967$101,792
Investments-corporate stock$245,853$213,306$256,984$286,678
Investments-corporate bonds$100,183$94,939$82,795$97,879
Investments-mortgage loans$0$0$0$0
Other assets$416$373
Total liabilities$0$0$0$0
Total liabilities and net assets/fund balances$483,840$444,257$474,051$507,199
Capital Gains and Losses for Tax on Investment Income
Capital gain net income$0$0$0$0
Net capital loss$0$0$0$0
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)NoNoNoNo
Tax based on investment income$260$288$246$403
Total credits and payments$0$0$0$0
Any penalty for underpayment of estimated tax$0$0$0$0
Tax due$246$403
Amount to be credited to next year's estimated tax$0$0$0$0
Statements Regarding Activities
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?NoNoNoNo
Has the foundation engaged in any activities that have not previously been reported to the IRS?NoNo
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?NoNo
Has the foundation filed a tax return on Form 990-T for this year?NoNo
Was there a liquidation, termination, dissolution, or substantial contraction during the year?NoNoNoNo
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?YesYes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?NoNoNoNo
Did any persons become substantial contributors during the tax year?NoNo
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?NoNo
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?YesYes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041NoNo
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?NoNoNoNo
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?NoNoNoNo
Furnish goods, services, or facilities to (or accept them from) a disqualified person?NoNoNoNo
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?NoNoNoNo
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?NoNoNoNo
Agree to pay money or property to a government official?NoNoNoNo
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?NoNo
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?NoNo
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?NoNoNoNo
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?NoNo
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?NoNoNoNo
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?NoNoNoNo
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?NoNoNoNo
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?NoNo
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?NoNoNoNo
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?NoNoNoNo
Provide a grant to an individual for travel, study, or other similar purposes?NoNoNoNo
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?NoNoNoNo
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?NoNoNoNo
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?NoNo
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$0$0$465,000$475,000
Net value of noncharitable-use assets$458,025$467,878
Minimum investment return$22,655$21,424$22,901$23,394
Distributable Amount
Distributable amount$22,655$21,712$23,147$23,797
Undistributed Income
Distributable amount for this year$22,655$21,712$23,147$23,797
Undistributed income for this year. This amount must be distributed in the next year$0$0$0$0
Private Operating Foundations (for 2011 - 2014)
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Supplementary Information (for 2014)
Grants approved for future payment$0
Analysis of Income-Producing Activities (for 2014)
AmountRelated or exempt function income
Program service revenue
Fees and contracts from government agencies$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$0$0
Dividends and interest from securities$0$0
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2014)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Other assetsNo
Other transactions:
Sales of assets to a noncharitable exempt organizationNo
Purchases of assets from a noncharitable exempt organizationNo
Rental of facilities, equipment, or other assetsNo
Reimbursement arrangementsNo
Loans or loan guaranteesNo
Performance of services or membership or fundraising solicitationsNo
Sharing of facilities, equipment, mailing lists, other assets, or paid employeesNo
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated


Your Review

Would you recommend Akira Arimura Foundation to others? (optional)
Add photo of Akira Arimura Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Mystic Krewe Of Nyx in New Orleans, LA
Nola Project in New Orleans, LA
Ozanam Inn in New Orleans, LA
Loyola University in New Orleans, LA
Secret Gardens Tour in New Orleans, LA
Wilson Global Initiative in Baton Rouge, LA
Iglesia De Dios Ministerial De Jesucristo International Inc in Kenner, LA
Decolores Adoptions International in Lake Charles, LA
Cadav Inc in Baton Rouge, LA
Order Of The Eastern Star Of Louisiana in Jonesboro, LA
Other organizations in Louisiana
IdNameAddressStateEstablishedTotal Income
1Agricultural Association Of Louisiana3000 Kilpatrick, Monroe, LA 71201-5166LA1998-03$191,435
2Agricultural Leaders Of Louisiana102 J Norman Efferson Hall, Baton Rouge, LA 70803-0001LA1990-11$39,425
3Agrisafe Network Inc1331 Ochsner Blvd Ste 200, Covington, LA 70433-8178LA2003-02$447,703
4Ahecs For A Healthy Louisiana Inc1302 J W Davis Dr, Hammond, LA 70403-5914LA1994-11$488
5Aia Louisiana, Louisiana Architects Association521 America St, Baton Rouge, LA 70802-5902LA$471,708
6Aids Law Of Louisiana Inc2601 Tulane Ave Ste 500, New Orleans, LA 70119-7400LA1990-05$427,321
7Aimee Favrot & Michael Bell Family Fund310 Woodvine Ave, Metairie, LA 70005-4146LA1997-01$474,750
8Air Force Sergeants Association, 615 Chapter105 Glendale Ln, Haughton, LA 71037-9214LA1972-05$0
9Airline Parents Who Care Projectgraduation Inc140 Carondelet Ct, Bossier City, LA 71111-5478LA2006-03$55,000
10Ajax-Beulah Water Association Inc1937 Highway 174, Marthaville, LA 71450-3243LA2000-01$1,206,035
11Akira Arimura Foundation150 Broadway St Apt 1012, New Orleans, LA 70118-7611LA1989-01$18,918
12Akula FoundationPO BOX 850715, New Orleans, LA 70185-0715LA1994-04$63,472
13Al Copeland Foundation1001 Harimaw Ct, Metairie, LA 70001LA2008-08$330,190
14Alayas Early Learning Center47151 Rosehill Ln, Tickfaw, LA 70466-4455LA2001-02$157,430
15Albemarle Employee Club451 Florida Street, Baton Rouge, LA 70801LA1989-02$73,865
16Albemarle Foundation451 Florida St, Baton Rouge, LA 70801-1700LA2006-08$12,071,644
17Albert N & Hattie M Mcclure FundPO BOX 61540, New Orleans, LA 70161-1540LA1964-03$753,969
18Alberti Educational Tr, Cohen Melvin TteePO BOX 8456, Monroe, LA 71211-8456LA1992-02$2,372
19Alcohol & Drug Abuse Council For South Louisiana730 Belanger St, Houma, LA 70360-4406LA1986-07$259,684
20Alex Berger Foundation365 Canal St, New Orleans, LA 70130-1112LA1964-10$37,333

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Akira Arimura Foundation and has no official or unofficial affiliation with Akira Arimura Foundation