LITTLE TOKYO TOWERS INC Charity Report

Public IRS 990 nonprofit record

LITTLE TOKYO TOWERS INC

EIN 95-2742514 · Housing & Shelter (L210)

What they do

to PROVIDE HOUSING for LOWER-INCOME FAMILIES and FAMILIES IN NEED, INCLUDING BUT NOT LIMITED to SENIOR CITIZENS and HANDICAPPED MEMBERS of THE COMMUNITY. and to PROVIDE RESIDENTS of THE HOUSING COMMUNITY THE SERVICES NECESSARY to OBTAINING AN OVERALL HEALTHY QUALITY of LIFE.TO ACQUIRE, OWN, PLAN, DEVELOP, CONSTRUCT, OPERATE, MAINTAIN and IMPROVE LOW-INCOME and AFFORDABLE RESIDENTIAL HOUSING, RELATED FACILITIES, and SERVICES for RESIDENCE of THE HOUSING COMMUNITY. RELATED FACILIATIES and SERVICES SHALL INCLUDE, BUT NOT BE LIMITED TO, SOCIAL SERVICE FACILITIES, SOCIAL and RECREATIONAL FACILITIES and ANYOTHER FACILITIES IN THE COMMUNITY NECESSARY for THE WELLBEING of THE LOW-INCOME RESIDENTS.TO PROVIDE RELIEF to THE POOR and DISTRESSED BY INVESTING IN and SUPPORTING THE OVERALL HEALTH of COMMUNITIES IN NEED IN ANY MANNER POSSIBLE, INCLUDING FINANCIALLY, CULTURALLY, PHYSICALLY, THROUGH SERVICES, and THROUGH OTHER CHARITABLE ORGANIZATIONS.TO ASSIST, SUPPORT, and WORK ALONGSIDE ORGANIZATIONS

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

708.35%of revenue went to mission work99.5% of expenses · Program services

$207.62spent for every $100 of revenueSpending was higher than revenue this year.

3.63%of revenue went to management and office costs0.5% of expenses

$3.05in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $6,253,333 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,694,403

Mission workProgram services$12,002,367708.35% of revenue99.5% of expenses

ManagementOffice and general costs$61,5293.63% of revenue0.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$12,063,896711.99% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 99.5% mission · 0.5% management · 0.0% fundraisingTotal expenses: 711.99% of revenue

2023Expense mix: 54.6% mission · 45.4% management · 0.0% fundraisingTotal expenses: 21.44% of revenue

2022Expense mix: 68.3% mission · 31.7% management · 0.0% fundraisingTotal expenses: 31.68% of revenue

2021Expense mix: 79.8% mission · 20.2% management · 0.0% fundraisingTotal expenses: 6.29% of revenue

2020Expense mix: 62.2% mission · 37.8% management · 0.0% fundraisingTotal expenses: 85.62% of revenue

2019Expense mix: 63.3% mission · 36.7% management · 0.0% fundraisingTotal expenses: 89.04% of revenue

2018Expense mix: 62.1% mission · 37.9% management · 0.0% fundraisingTotal expenses: 93.44% of revenue

2017Expense mix: 60.1% mission · 39.9% management · 0.0% fundraisingTotal expenses: 88.23% of revenue

Money in and money out

Revenue$5,810,563

Expenses$12,063,896

Annual shortfall $6,253,333 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,002,367 · 99.5% of expenses

Management and office costs$61,529 · 0.5% of expenses

See all reported dollar amounts

Revenue$5,810,563

Expenses$12,063,896

Assets$36,786,427

Income$5,810,563

Mission work (program services)$12,002,367

Grants given$24,150,000

Average grant$4,830,000

Management and general$61,529

Stocks and bonds$31,328,952

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (16)

AMBER MURAKAMI-FESTERDIRECTOR

BRIAN YAMASAKIDIRECTOR

JAMIE MORISHIMADIRECTOR

KAZUO ODADIRECTOR

KENT KAWAIVICE PRESIDENT

LISA ARAKAKITREASURER

MARIKO ROOKSDIRECTOR

MINIVER CHOISECRETARY

NANCY TAKAYAMADIRECTOR

REV BILL BRIONESDIRECTOR

REV MASAAKI ABE SHIRAIWADIRECTOR

REV RICHARD KUYAMADIRECTOR

REV SHUMYO KOJIMADIRECTOR

ROBERT M KAWAHARAPRESIDENT

ROGER ISHIHARADIRECTOR

RYAN IWASAKADIRECTOR

About this charity

Recognized since: January 1978
Location: 455 E 3RD ST, LOS ANGELES, CA 90013-1634
County: Los Angeles
In care of: LISA ARAKAKI
Primary officer: LISA ARAKAKI, Treasurer

How to reach them

Phone(213) 200-0184

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LEAF & COLE LLP
NTEE classification: Housing & Shelter (L210)
IRS tax category: Assisted Living Facilities for the Elderly
Grant-giving organization: Yes