Atlanta Karate Inc
- Assets
- $11.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Athens, GA
- Founding
- 02/2014
- Data as of
- 09/2021
- EIN
- 45-5366248
Organization Overview
Atlanta Karate Inc is located in Athens, GA. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Karate 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 09/2021, Atlanta Karate Inc generated $61.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $61.0k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 6 years. 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
ATLANTA KARATE, INC. STRIVES TO TEACH STUDENTS, 1ST GRADE ELEMENTARY AGE AND OLDER, THE BENEFITS OF MARTIAL ARTS WHILE INSTILLING CONFIDENCE, SELF CONTROL AND A NON-DEFEATISIT ATTITTUDE. OUR PROGRAM HAS NOW EXPANDED TO 8 SCHOOLS AND OVER 180 STUDENTS PER WEEK DURING THE SCHOOL YEAR. WE ALSO PROVIDE SUMMER DAY CAMPS FOR STUDENTS,AS WELL AS SELF DEFENSE CLASSES FOR WOMEN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Storm Treasurer/di | 40 | $47,200 | |
Shawn Mcelroy President/di | 8 | $5,300 | |
Rachel Gowen Secretary/di | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $61,783 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,783 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,500 |
| Professional fees and other payments to independent contractors | $3,030 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,463 |
| Total expenses | $60,993 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,176 |
| Other assets | $0 |
| Total assets | $11,176 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,176 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
Epic-Cure Inc St Augustine, FL | $312,618 | $8,316,447 |
Gulf Coast Childrens Advocacy Panama City, FL | $5,514,072 | $7,744,827 |
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Gang Alternative Inc Miami, FL | $2,177,395 | $7,044,505 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Big Brothers And Big Sisters Of Greater Miami Miami, FL | $13,886,069 | $6,863,222 |
Pga Tour Charities Inc Ponte Vedra Beach, FL | $3,965,513 | $4,568,205 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |
Project Lift Inc Palm City, FL | $4,577,307 | $5,295,911 |
Horizons Atlanta Inc Atlanta, GA | $3,035,876 | $3,541,460 |