American Shukokai Karate Union Inc
- Assets
- $20.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Brunswick, NJ
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 22-3444273
Organization Overview
American Shukokai Karate Union Inc is located in East Brunswick, NJ. The organization was established in 1997. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Shukokai Karate Union Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, American Shukokai Karate Union Inc generated $3.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.3%) each year. All expenses for the organization totaled $3.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
COMPETITION IN MULTIPLE TOURNAMENTS TO PROMOTE AND ADVANCE KIMURA SHUKOKAI KARATE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,250 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,550 |
| Other Revenue | $0 |
| Total Revenue | $3,800 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,477 |
| Total expenses | $2,977 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,795 |
| Other assets | $0 |
| Total assets | $20,645 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,645 |
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