Capital Aikikai Incorporated is located in Silver Spring, MD. The organization was established in 1985. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Aikikai Incorporated 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, Capital Aikikai Incorporated generated $54.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 years. 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
EDUCATING THE GENERAL PUBLIC AND PROMOTE THE GROWTH OF AIKIDO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE AND MAINTAIN AIKIDO DOJO AT 923 SLIGO AVENUE WHERE AIKIDO DEMONSTRATIONS AND CLASSES ARE OFFERED 6 DAYS PER WEEK. ALL CLASSES ARE OPEN TO THE PUBLIC AND VISITORS ARE WELCOME.
BRING GUEST INSTRUCTORS TO DOJO TO TEACH SPECIAL SEMINARS IN THE SPIRIT AND PHILOSOPHY OF AIKIDO.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clyde Takeguchi Founder And Director | OfficerTrustee | 5 | $0 |
Dave Millar Asst Chief Instructor & VP | OfficerTrustee | 5 | $0 |
William Plank Chief Instructor & President | OfficerTrustee | 5 | $0 |
Mark Klock Secretary | OfficerTrustee | 5 | $0 |
Annette Matheny Treasurer | OfficerTrustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $28,800 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $28,800 |
Total Program Service Revenue | $24,506 |
Investment income | $1,195 |
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 | $54,501 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,774 |
Advertising and promotion | $0 |
Office expenses | $785 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $16,800 |
Travel | $0 |
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 | $0 |
Depreciation, depletion, and amortization | $11,196 |
Insurance | $1,055 |
All other expenses | $0 |
Total functional expenses | $32,610 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $130,151 |
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 | $4,848 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $311,438 |
Investments—publicly traded securities | $246,596 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,750 |
Total assets | $699,783 |
Accounts payable and accrued expenses | $960 |
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 | $960 |
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 | $698,823 |
Total liabilities and net assets/fund balances | $699,783 |
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---|---|---|
Southeastern Virginia Areawide Model Program Inc Norfolk, VA | $2,843,692 | $8,738,729 |
Metropolitan Richmond Sports Backers Inc Richmond, VA | $2,872,546 | $6,713,495 |
Sport And Entertainment Corporation Of Maryland Baltimore, MD | $53,419 | $1,410,259 |
Laurel Highlands Ligonier, PA | $9,995,015 | $2,370,476 |
Bike To The Beach Washington, DC | $0 | $1,888,538 |
American Recreation Coalition Washington, DC | $671,840 | $1,140,717 |
Williamsport Volunteer Fire And Emergency Medical Services Inc Williamsport, MD | $4,234,781 | $1,522,798 |
Vysa For Land Preservation Fredericksburg, VA | $6,332,662 | $617,000 |
Cherry Blossom Inc Bethesda, MD | $848,727 | $1,212,543 |
Riverside Camping Assn Lancaster, PA | $1,315,552 | $1,190,999 |
South County Athletic Association Lorton, VA | $414,265 | $1,243,554 |
Big Picture Alliance Philadelphia, PA | $507,623 | $596,811 |