Free Usa Karate Self Defense Martial Arts Academy Inc
- Assets
- $914.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Gardens, FL
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-3166742
Organization Overview
Free Usa Karate Self Defense Martial Arts Academy Inc is located in Miami Gardens, FL. The organization was established in 2017. 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. Free USA Karate Self Defense Martial Arts Academy 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 12/2021, Free USA Karate Self Defense Martial Arts Academy Inc generated $2.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 52.8% each year . All expenses for the organization totaled $2.6k during the year ending 12/2021. While expenses have increased by 39.3% per year over the past 5 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
OPERATES FOR THE SOLE PURPOSE OF EDUCATING YOUNG STUDENTS AGES 4 TO ABOUT THE MANY STYLES AND VARIATIONS OF THE ART OF KARATE. FREE USA KARATE SERVES AS AN AFTER SCHOOL PROGRAM W/QUALIFIED BLACK BELT INSTRUCTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michell Johnson D | 6 | $0 | |
Vincent Rivers D | 6 | $0 | |
Michael Harvard D | 6 | $0 | |
Clayton A Powell President | 6 | $0 | |
Brenda Powell Vice President | 6 | $0 | |
Brian Johnson D | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,499 |
| 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 | $2,499 |
| 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 | $286 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,318 |
| Total expenses | $2,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $914 |
| Other assets | $0 |
| Total assets | $914 |
| Total liabilities | $0 |
| Net assets or fund balances | $914 |
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