American Amateur Karate Federation
- Assets
- $80.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/1982
- Data as of
- 12/2022
- EIN
- 95-3594615
Organization Overview
American Amateur Karate Federation is located in Los Angeles, CA. The organization was established in 1982. 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. American Amateur Karate 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 12/2022, American Amateur Karate Federation generated $34.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $52.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
FOSTERING NATIONAL AND INTERNATIONAL AMATEUR KARATE COMPETITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Tong President | 0 | $0 | |
Art Wong Director | 0 | $0 | |
Albert Cheah Vice President | 0 | $0 | |
Mahmoud Tabassi Sec &treas. | 0 | $0 | |
John Hyatt Director | 0 | $0 | |
Vassil Peytchev Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $9,841 |
| Membership dues | $9,170 |
| Investment income | $265 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,276 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $1,788 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $50,268 |
| Total expenses | $52,756 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,567 |
| Other assets | $0 |
| Total assets | $80,567 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,567 |