World Tong-Il-Moo-Do Federation
- Assets
- $40.3k
- Revenue
- $39.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Hayward, CA
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 94-3393832
Organization Overview
World Tong-Il-Moo-Do Federation is located in Hayward, 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. As of 12/2021, World Tong-Il-Moo-Do Federation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Tong-Il-Moo-Do Federation 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, World Tong-Il-Moo-Do Federation generated $39.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT AND SPONSOR NATIONAL AND INTERNATIONAL COMPETITIONS IN THE MARTIAL ARTS AND TO SUPPORT AND DEVELOP AMATEUR ATHLETES FOR SUCH COMPETITIONS AND FURTHER, TO PROMOTE WORLD PEACE THROUGH ITS ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORLD TONG-IL MOO-DO FEDERATION IS A VERY UNIQUE MARTIAL ARTS ORGANIZATION IN THAT WE EDUCATE STUDENTS WHO PRACTICE MARTIAL ARTS IN A DEEPER PHILOSOPHY OF MARTIAL ARTS WHICH GUIDES THEM TO BECOME RESPONSIBLE INDIVIDUALS AND CREATING IDEAL FAMILY THEREBY MAKING A BETTER SOCIETY THAT RESULTS IN REALIZING A WORLD OF PEACE. AT WTMF WE EMPHASIZE THE IMPORTANCE OF PHILOSOPHY IN A WAY MORE THAN ACTUAL PRACTICE OF MARTIAL ARTS. IN OUR VIEW, THE PHILOSOPHY WE TEACH CORRESPONDS TO HUMAN MIND AND ACTUAL PRACTICE OF MARTIAL ARTS CORRESPONDS TO HUMAN BODY. BODY CANNOT FUNCTION WITHOUT MIND. BASED ON THIS UNDERSTANDING, WTMF OFFERS LECTURES OF OUR PHILOSOPHY TO ALL PARTICIPANTS OF OUR EVENTS. WE INVITE STUDENTS OF MARTIAL ARTS FROM ANY SCHOOLS TO OUR EVENTS TO SHARE OUR PHILOSOPHY WITH THEM AND HOPEFULLY WORK TOGETHER TO START BUILDING A BETTER WORLD. YEAR 2021 WAS ANOTHER UNPRECEDENTED YEAR. DUE TO ON-GOING COVID-19, WE WERE FORCED TO STOP OUR REGULAR ACTIVITIES. MOST CHAPTERS AROUND THE WORLD CONTINUED ONLINE MEETINGS AND TRAININGS. HOWEVER, WE WERE ABLE TO CONDUCT SEVERAL IN-PERSON EVENTS THEY ARE AS FOLLOWS:1.SPRING TRAINING WORKSHOP IN ASO, JAPANFROM APRIL 4 TO 8, 202130 PARTICIPANTS FROM THROUGHOUT JAPAN2.AUTUMN TRAINING WORKSHOP IN KURUME CITY, JAPANFROM OCTOBER 9 TO 10, 202135 PARTICIPATED FROM THROUGHOUT JAPAN3.GREENWICH UNIVERSITY TRAINING WORKSHOP, GREENWICH, UNITED KINGDOMFROM NOVEMBER 17 TO 2140 PARTICIPATED4.MOMBASA INTERNATIONAL OPEN TOURNAMENT IN MOMBASA, KANYAFROM DECEMBER18 TO 19200 PARTICIPATED FROM 16 NATIONSTHIS EVENT WAS SPONSORED BY THE KENYAN GOVERNMENT, AND IT GRANTED US TO HOLD THIS LARGE-SIZE INDOOR EVENT. MORE THAN 800 PEOPLE WATCHED THE EVENT FOR TWO DAY AND RECEIVED A WIDE RANGE OF MEDIA COVERAGE INCLUDING LOCAL TV NEWS.THERE WERE ALTOGETHER AROUND 1,000 INDIVIDUALS PARTICIPATED DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kook J Seuk President | Trustee | 15 | $24,000 |
Megumi Tateno Treasurer | Trustee | 10 | $10,050 |
Lawrence I Aoki Secretary | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,463 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,463 |
| Total Program Service Revenue | $0 |
| Investment income | $2,672 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,099 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,846 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,181,001 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,050 |
| Compensation of current officers, directors, key employees. | $6,810 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $75 |
| Fees for services: Accounting | $2,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,169 |
| Advertising and promotion | $0 |
| Office expenses | $1,172 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,500 |
| Travel | $99 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,173 |
| Insurance | $0 |
| All other expenses | $527 |
| Total functional expenses | $1,241,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $37,504 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,252 |
| Accounts payable and accrued expenses | $122 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $122 |
| Net assets without donor restrictions | $40,130 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,252 |
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