Machine Tool Technologies Research Foundation
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Funds university researchers and students for machine tool systems study and research. For fiscal year 2024 it reported $355K in revenue, $755K in expenses, and $6.3M in net assets.Pt I
Summary of the Filing
Where the work happens
Provide scholarship funds and equipment usage to students, post graduate researchers and professors to study and perform research in the fields related to machine tool systems.
Expansion of Mission and Program Services
Our mission is to achieve the highest quality technology in the field of machine tool and its related industries. To achieve this, machine tool technology foundation will do the FOLLOWING:1)TO provide scholarship funds to the students and post graduate researchers to study and perform research in fields related to machine tool…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Kazuo Yamazaki’s $144K as President is at the 95th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Kazuo Yamazaki | $144,000 | $144,000 | $144,000 | $139,100 | $139,100 |
| Yukiko Yamazawa | $65,000 | $65,000 | $65,000 | $60,000 | $60,000 |
| Natsuo Okada | $12,000 | $12,000 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 72% | — | — |
| Overhead ratio | 28% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 30% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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