Kingwood Top Kick Karate Competition Team
- Assets
- $782.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kingwood, TX
- Founding
- 08/2002
- Data as of
- 12/2019
- EIN
- 76-0692840
Organization Overview
Kingwood Top Kick Karate Competition Team is located in Kingwood, TX. The organization was established in 2002. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Kingwood Top Kick Karate Competition Team 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 12/2019, Kingwood Top Kick Karate Competition Team generated $6.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $7.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (24.3%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
YOUTH EXCERCISE PROGRAM EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachelle Olds President | 4 | $0 | |
Johnny Peavey Director | 2 | $0 | |
Nan Peavey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,148 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,148 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,244 |
| Total expenses | $7,244 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $782 |
| Other assets | $0 |
| Total assets | $782 |
| Total liabilities | $0 |
| Net assets or fund balances | $782 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kingwood Top Kick Karate Competition Team has recieved totaling $143.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $143 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spirit Golf Association The Woodlands, TX | $13,402,948 | $7,337,039 |
Houston Marathon Committee Houston, TX | $3,423,788 | $6,041,457 |
North American Prospect Hockey League Dallas, TX | $969,762 | $3,250,253 |
Ibc Youth Bowling Inc Arlington, TX | $4,392,185 | $2,638,582 |
Dallas White Rock Marathon Dallas, TX | $935,538 | $2,152,497 |
Cowtown Marathon Inc Fort Worth, TX | $1,036,518 | $2,018,808 |
New Orleans Bowl Inc Metairie, LA | $2,170,693 | $2,129,324 |
Town And Country Optimist Foundation Austin, TX | $1,110,634 | $1,534,736 |
United States Bowling Congress Inc Bryan, TX | $908,410 | $1,160,070 |
Amateur Athletic Union Of The United States Inc Edmond, OK | $749,676 | $1,164,829 |
Alliance Youth Hockey Association Dallas, TX | $201,514 | $1,030,393 |
Sports Authority Foundation Houston, TX | $1,360,211 | $1,099,136 |