Boston Taekwondo Project Inc

Organization Overview

Boston Taekwondo Project Inc, operating under the name Cw Taekwondo Boston, is located in Cambridge, MA. The organization was established in 2003. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Cw Taekwondo Boston employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cw Taekwondo Boston is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2023, Cw Taekwondo Boston generated $450.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $390.9k during the year ending 09/2023. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AFFORDABLE, HIGH-QUALITY TAEKWONDO INSTRUCTION AT MULTIPLE CLASS LEVELS FOR ADULTS AND YOUTH. CLASSES ARE PROVIDED SEVEN DAYS A WEEK AND BENEFIT APPROXIMATELY 350 INDIVIDUALS EACH YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Daniel Chuang
Director/chairman
$76,754
Kristian Cibulskis
Director
$0
Melinda Minear
Director
$0
Christopher Tuozzolo
Director
$0
Chinedum Osuji
Director
$0
Kate Lipman
VP Events
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $22,209
All other contributions, gifts, grants, and similar amounts not included above$31,935
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$54,144
Total Program Service Revenue$398,037
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$3,313
Miscellaneous Revenue$0
Total Revenue $450,694

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