Aiki Martial Arts Institute
- Assets
- $23.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bel Air, MD
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 52-2310562
Organization Overview
Aiki Martial Arts Institute is located in Bel Air, MD. The organization was established in 2001. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aiki Martial Arts Institute 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, Aiki Martial Arts Institute generated $35.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $35.9k 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
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Delbert Wells President | 10 | $0 | |
Tomas Davis Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,613 |
| Total Program Service Revenue | $29,431 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,057 |
| 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 | $4,051 |
| Occupancy, rent, utilities, and maintenance | $29,613 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,252 |
| Total expenses | $35,916 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,545 |
| Other assets | $0 |
| Total assets | $23,545 |
| Total liabilities | $22,000 |
| Net assets or fund balances | $1,545 |
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