Hakone Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Hakone Foundation is a 501(c)(3) organization based in Saratoga, California, registered in 1988, with $1,849,105 in FY2023 revenue. CharityIndex grades it B.
21000 Big Basin Way, Saratoga, CA, 95070 EIN 77-0054274 Since 1988
Revenue (FY2023)
$1.8M
▲ 12.4% vs prior year
Expenses (FY2023)
$1.4M
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hakone Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +26% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hakone Foundation: 21 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hakone Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hakone Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 21000 Big Basin Way, Saratoga, CA, 95070
- City
- Saratoga
- State
- California
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.0M (FY2013) to $1.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $625KNet assets $2.4M
Operating margin
25.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$625K
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,849,105▲12.4% | $1,372,237▲7.0% | $2,411,625▲24.7% | $3,036,318▲21.5% | 990 |
| 2022 | $1,644,816▼17.3% | $1,282,686▲5.7% | $1,934,537▲5.0% | $2,498,236▼1.7% | 990 |
| 2021 | $1,988,608▲15.3% | $1,212,979▲4.1% | $1,841,950▲117% | $2,540,612▲87.5% | 990 |
| 2020 | $1,725,113▲71.7% | $1,164,838▼4.3% | $847,126▲153% | $1,355,242▲62.5% | 990 |
| 2019 | $1,004,467▼24.1% | $1,217,105▲1.4% | $335,151▼38.8% | $834,172▼5.0% | 990 |
| 2018 | $1,323,077▲5.6% | $1,200,451▲9.6% | $547,789▲28.8% | $878,113▲14.4% | 990 |
| 2017 | $1,253,372▲13.4% | $1,095,127▲4.3% | $425,163▲59.3% | $767,410▲32.6% | 990 |
| 2016 | $1,105,288▲10.5% | $1,049,867▲5.4% | $266,918▲26.2% | $578,703▲3.4% | 990 |
| 2015 | $1,000,495▲11.6% | $996,074▼11.0% | $211,497▲2.1% | $559,799▼0.8% | 990 |
| 2014 | $896,544▼12.5% | $1,119,302▲13.6% | $207,076▼51.8% | $564,433▼11.9% | 990 |
| 2013 | $1,024,863 | $985,146▲23.4% | $429,859▼17.0% | $640,373▼9.9% | 990 |
| 2011 | — | $798,162▼4.2% | $517,592▲12.7% | $710,679▲1.6% | 990 |
| 2010 | — | $832,970▲12.1% | $459,365▼15.1% | $699,217▲1.1% | 990 |
| 2009 | — | $743,033 | $540,831 | $691,525 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $288K total
15 grants to Hakone Foundation totaling $288K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Charitable Endowment Inc | General charitable use | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $8,300 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $45,050 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,800 |
| National Philanthropic Tr | Culture & arts | 2023 | $11,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $32,350 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2021 | $32,300 |
| American Online Giving Foundation Inc | General support | 2021 | $5,289 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $38,675 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $38,675 |
| Silicon Valley Community Foundation | Youth development | 2020 | $10,000 |
| American Online Giving Foundation Inc | General support | 2020 | $7,059 |
| American Online Giving Foundation Inc | General support | 2020 | $7,059 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2019 | $9,600 |
| San Francisco Foundation | For construction of the machiai (waiting pavilion) at the kakudo tea house shogetsu-an. if there are any remaining funds from the grant they may be used for general support of the foundation. | 2017 | $20,000 |
Frequently asked questions
- Is Hakone Foundation a legitimate nonprofit?
- Yes. Hakone Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 77-0054274, based in Saratoga, California. Donations are tax-deductible.
- What is Hakone Foundation's EIN?
- Hakone Foundation's Employer Identification Number (EIN) is 77-0054274.
- How much revenue does Hakone Foundation report?
- Hakone Foundation reported $1,849,105 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Hakone Foundation have?
- CharityIndex grades Hakone Foundation B, based on financial health (reserves and operating margin).
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Data for Hakone Foundation (EIN 77-0054274) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.