Shotokan Karate-Do International Federation Usa
- Assets
- $31.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Granada Hills, CA
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 61-1442663
Organization Overview
Shotokan Karate-Do International Federation Usa is located in Granada Hills, CA. The organization was established in 2006. 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. Shotokan Karate-Do International Federation USA 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, Shotokan Karate-Do International Federation USA generated $22.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $19.2k during the year ending 12/2021. While expenses have increased by 7.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CONTINUED TO DEVELOP AND UPDATE THE WEBSITE WITH ORGANIZATIONAL AND TRAINING INFORMATION. PUBLISHED NATIONAL NEWSLETTER. CREATED THE FOLLOWING OUTREACH PROGRAMS FOR OUR MEMBERSHIP: 1) KANAZAWA WEEK: A WEEK IN WHICH DOJOS CREATE AND EXECUTE "GIVE BACK TO THE COMMUNITY" EVENTS. IT ALSO INCLUDES EVENTS THAT REACH OUT TO OTHER SHOTOKAN KARATE GROUPS AND ORGANIZATIONS TO COME TOGETHER AND SHARE THE TRAINING SPIRIT. THIS WILL BE AN ANNUAL EVENT. BENEFITED APPROXIMATELY 250 PEOPLE. 2) SKIF-USA HALL OF FAME: CREATED TO HONOR THOSE WHO HAVE CONTRIBUTED TO THE GROWTH OF SKIF-USA AND SKIF INTERNATIONAL. BENEFITED APPROXIMATELY 100 PEOPLE. DURING ANOTHER YEAR OF COVID-19, WE REDIRECTED OUR OUTREACH TO THE FOLLOWING EVENTS: 1) CROSS DOJO TRAINING ZOOM CLASSES. HOSTED MONTHLY, TWO-HOUR TRAINING SESSIONS FOR OUR MEMBERSHIP VIA ZOOM. WE HAD OUR HIGH RANKING INSTRUCTORS FROM ACROSS THE COUNTRY CONDUCT THESE SEMINARS. BENEFITED APPROXIMATELY 400 PEOPLE. 2) HOSTED FOUR ZOOM SEMINARS WITH SKIF INSTRUCTORS FROM OUR JAPANESE GHQ. BENEFITED APPROXIMATELY 300 PEOPLE. 3) HOSTED TWO ZOOM INSTRUCTOR'S TRAINING SEMINARS WITH SKIF INSTRUCTORS FROM OUR JAPANESE GHQ. BENEFITED APPROXIMATELY 30 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Shea President | 1 | $0 | |
Chris Johnson General Secr | 1 | $0 | |
Peter Rodriquez Director | 1 | $0 | |
Ruben Fong Secretary | 1 | $0 | |
Mike Cook Director | 1 | $0 | |
Penelope Karpovsky Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $21,374 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,271 |
| 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 | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,101 |
| Total expenses | $19,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,821 |
| Other assets | $0 |
| Total assets | $31,784 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,784 |
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