Brooklyn Aikikai Inc
- Assets
- $211.8k
- Revenue
- $207.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Brooklyn, NY
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 26-1693436
Organization Overview
Brooklyn Aikikai Inc is located in Brooklyn, NY. The organization was established in 2008. 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. Brooklyn Aikikai Inc 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 12/2021, Brooklyn Aikikai Inc generated $207.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $216.2k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BROOKLYN AIKIKAI IS A NONPROFIT WHOSE MISSION IS TO FOSTER THE HARMONY OF THE ENTIRE INDIVIDUAL (MIND, BODY, AND EMOTIONS) THROUGH THE DISCIPLINES OF AIKIDO, ZEN, MISOGI, AND IAIDO. THESE TRADITIONAL JAPANESE ARTS ARE A "DO" (OR "TAO" IN CHINESE), A WAY, THROUGH WHICH ONE STRIVES TO REVEAL THE TRUE SELF. BY BRINGING THIS TRUE SELF FORWARD, ONE IS TRANSFORMED, AND SO ALSO IS THE WORLD. WE PROVIDE A SANCTUARY IN NEW YORK CITY WHERE INDIVIDUALS FROM ALL BACKGROUNDS MAY DEVELOP THEMSELVES THROUGH TRAINING IN THE ABOVE ARTS. WE PROMOTE UNDERSTANDING OF THESE TRADITIONAL JAPANESE ARTS, AS WELL AS OTHER JAPANESE CULTURAL ACTIVITIES AND WELCOME PRODUCTIVE PARTNERSHIPS WITH SCHOOLS, OTHER NONPROFITS, AND COMMUNITY ORGANIZATIONS THAT ENHANCE UNDERSTANDING OF OUR MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAJORITY OF OUR FUNDS RAISED AT BROOKLYN AIKIKAI GO TOWARD PAYING 40,800 ANNUALLY IN RENT TO HAVE A SPACE IN WHICH TO PRACTICE. ADDITIONALLY, WE SPENT 36,000 IN REPAIRS AND UPDATES TO OUR TRAINING SPACE. OVER 75 ADULTS AND 70 CHILDREN PARTICIPATED IN MARTIAL ARTS AND MEDITATION CLASSES DURING 2021.
THE MAJORITY OF OUR FUNDS RAISED AT BROOKLYN AIKIKAI GO TOWARD PAYING 40,800 ANNUALLY IN RENT TO HAVE A SPACE IN WHICH TO PRACTICE. ADDITIONALLY, WE SPENT 36,000 IN REPAIRS AND UPDATES TO OUR TRAINING SPACE. OVER 75 ADULTS AND 70 CHILDREN PARTICIPATED IN MARTIAL ARTS AND MEDITATION CLASSES DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Ashen Treasurer | Officer | $0 | |
Pamela Calonge Director | Officer | $0 | |
David Laufer Secretary | Officer | $0 | |
Rachel Kitzinger Vice Preside | Officer | $0 | |
Andres Cruciani Director | Officer | $0 | |
Kate Savoca President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $47,828 |
| Membership dues | $159,040 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $233 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,101 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,223 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,825 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,767 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,989 |
| Advertising and promotion | $13,234 |
| Office expenses | $17,604 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,042 |
| Travel | $5,889 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $2,952 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,168 |
| All other expenses | $13,172 |
| Total functional expenses | $216,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,731 |
| Savings and temporary cash investments | $40,044 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $23,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $211,775 |
| Accounts payable and accrued expenses | $5,584 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,584 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $206,191 |
| Total liabilities and net assets/fund balances | $211,775 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Brooklyn Aikikai Inc has recieved totaling $52.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Union League Of Philadelphia Philadelphia, PA | $166,421,963 | $49,124,019 |
New York Athletic Club New York, NY | $79,824,386 | $36,957,466 |
University Club New York, NY | $61,571,312 | $30,883,399 |
Baltusrol Golf Club Springfield, NJ | $73,541,672 | $26,510,520 |
Country Club Chestnut Hill, MA | $75,043,157 | $30,549,304 |
Winged Foot Golf Club Inc Mamaroneck, NY | $47,661,307 | $23,506,154 |
New York Yacht Club New York, NY | $54,553,348 | $22,663,268 |
Canoe Brook Country Club Summit, NJ | $49,012,793 | $22,669,304 |
Glen Oaks Club Inc Old Westbury, NY | $13,779,705 | $20,068,781 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Sleepy Hollow Country Club Westchester Scarborough, NY | $36,824,085 | $23,136,850 |
Wee Burn Country Club Inc Darien, CT | $32,519,463 | $16,725,850 |