Seido Karate Los Angeles Inc is located in Saugus, CA. The organization was established in 2002. 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. Seido Karate Los Angeles 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 undefined, Seido Karate Los Angeles Inc generated $46.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $43.2k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 3 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
Describe the Organization's Program Activity:
Part 3
PROVIDE FREE MARTIAL ARTS INSTRUCTION TO UNDERPRIVELEGED LOW INCOME INNER CITY CHILDREN AND TEENS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Greene CEO | 30 | $0 | |
Steve Berman VP | 5 | $0 | |
Veronica Greene CFO | 30 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $46,487 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $46,487 |
Statement of Expenses | |
---|---|
Total expenses | $43,224 |
Balance Sheet | |
---|---|
Total assets | $9,435 |
Total liabilities | $175,050 |
Net assets or fund balances | -$165,615 |