Civic Intelligence

Kids' Karate

EIN 02-0547496 • 501(c)3 • Newton Center, MA

Profile

See Schedule O attached.

33 Coolidge RoadNewton Center, MA 02459

www.kids-karate.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

58.36x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

3.88x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

9th percentile

-95%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

15th percentile

-59%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-52%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$879

Down $1,268 (-59%) from 2023

Liabilities

Up

$51,302

Up $11,331 (+28%) from 2023

Net Assets

Down

-$50,423

Down $12,599 (-33%) from 2023

Revenue

Down

$13,207

Down $14,135 (-52%) from 2023

Expenses

Down

$25,806

Down $1,012 (-3.8%) from 2023

Net Income

Down

-$12,599

Down $13,123 (-2504%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50K-$100KAssets 2011: $1,680Liabilities 2011: $02011Assets 2012: $1,730Liabilities 2012: $0Net Assets 2012: $1,7302012Assets 2013: $3,603Liabilities 2013: $0Net Assets 2013: $3,6032013Assets 2014: $1,474Liabilities 2014: $12,640Net Assets 2014: -$11,1662014Assets 2015: $1,474Liabilities 2015: $17,200Net Assets 2015: -$15,7262015Assets 2016: $1,717Liabilities 2016: $31,7002016Assets 2017: $828Liabilities 2017: $26,298Net Assets 2017: -$25,4702017Assets 2018: $1,313Liabilities 2018: $26,298Net Assets 2018: -$24,9852018Assets 2019: $1,104Liabilities 2019: $26,298Net Assets 2019: -$25,1942019Assets 2020: $3,212Liabilities 2020: $22,298Net Assets 2020: -$19,0862020Assets 2021: $1,804Liabilities 2021: $24,298Net Assets 2021: -$22,4942021Assets 2022: $1,623Liabilities 2022: $39,971Net Assets 2022: -$38,3482022Assets 2023: $2,147Liabilities 2023: $39,971Net Assets 2023: -$37,8242023Assets 2024: $879Liabilities 2024: $51,302Net Assets 2024: -$50,4232024

Highlighted filing

2024

Assets$879
Liabilities$51,302
Net Assets-$50,423

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2011: $43,979Expenses 2011: $43,006Net Income 2011: $9732011Revenue 2012: $40,037Expenses 2012: $39,987Net Income 2012: $502012Revenue 2013: $38,826Expenses 2013: $46,093Net Income 2013: -$7,2672013Revenue 2014: $41,495Expenses 2014: $47,124Net Income 2014: -$5,6292014Revenue 2015: $45,190Expenses 2015: $49,750Net Income 2015: -$4,5602015Revenue 2016: $28,943Expenses 2016: $43,200Net Income 2016: -$14,2572016Revenue 2017: $48,862Expenses 2017: $44,349Net Income 2017: $4,5132017Revenue 2018: $38,771Expenses 2018: $38,286Net Income 2018: $4852018Revenue 2019: $35,652Expenses 2019: $35,861Net Income 2019: -$2092019Revenue 2020: $13,210Expenses 2020: $7,102Net Income 2020: $6,1082020Revenue 2021: $7,495Expenses 2021: $10,903Net Income 2021: -$3,4082021Revenue 2022: $9,186Expenses 2022: $25,040Net Income 2022: -$15,8542022Revenue 2023: $27,342Expenses 2023: $26,818Net Income 2023: $5242023Revenue 2024: $13,207Expenses 2024: $25,806Net Income 2024: -$12,5992024

Highlighted filing

2024

Revenue$13,207
Expenses$25,806
Net Income-$12,599

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.88$51.3$50.4$13.2$25.8$12.6
2023Detailed filing. Detailed filing data is available for this year.$2.15$40.0$37.8$27.3$26.8$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.62$40.0$38.3$9.19$25.0$15.9
2021Detailed filing. Detailed filing data is available for this year.$1.80$24.3$22.5$7.50$10.9$3.41
2020Detailed filing. Detailed filing data is available for this year.$3.21$22.3$19.1$13.2$7.10$6.11
2019Detailed filing. Detailed filing data is available for this year.$1.10$26.3$25.2$35.7$35.9$0.21
2018Detailed filing. Detailed filing data is available for this year.$1.31$26.3$25.0$38.8$38.3$0.49
2017Detailed filing. Detailed filing data is available for this year.$0.83$26.3$25.5$48.9$44.3$4.51
2016Summary only. Only limited summary data is available for this year.$1.72$31.7$28.9$43.2$14.3
2015Detailed filing. Detailed filing data is available for this year.$1.47$17.2$15.7$45.2$49.8$4.56
2014Detailed filing. Detailed filing data is available for this year.$1.47$12.6$11.2$41.5$47.1$5.63
2013Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$38.8$46.1$7.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.00$1.73$40.0$40.0$0.05
2011Summary only. Only limited summary data is available for this year.$1.68$0.00$44.0$43.0$0.97
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 21, 2025
Return Version
2024v5.1
Gross Receipts
$13,207
Mission and Program Overview

Mission

The exempt purposes are as follows: a. To benefit the public interest by providing top quality martial arts instruction to large numbers of children at substantially below market price, in underprivileged as well as middle-class areas. B. To combat community deterioration and various forms of juvenile delinquency and drug use by helping the children develop strength of character, a healthy sense of achievement, and a positive value system which serve as deterrents to negative activities, negative influences, and negative peer pressue by helping the children feel and build self-esteem, self-confidence and self-discipline. C. To diminish prejudice and discrimination by providing an environment of courtesy, sportsmanship, and mutual respect in ethnically diverse and co-educational classes. The annual kids' karate exhibition provides an opportunity for children from different communities to interact and perform together. D. To allow the children to continue in the program.

See Schedule O attached.

Program Services

DescriptionGrantsExpenses
A. To benefit the public interest by providing top quality martial artsinstruction to large numbers of children at substantially below marketprice, in underprivileged as well as middle class areas (cont. on Schedule O).$0$25,806
Program service accomplishments, continued from Part III, Line 28: B. To combat community deterioration and various forms of juvenile deliquency and drug use by helping the children develop strength of character, a healthy sense of achievement, and a positive value system which serve as deterrents to negative activities, negative influences, and negative peer pressure by helping the children feel and build self-esteem, self confidence, and self-discipline. C. To diminish prejudice and discrimination by providing an environment of courtesy, sportsmanship, and mutual respect in ethnically diverse and co-educational classes. The Annual Kids Karate Exhibition provides an opportunity for children from different communities to interact and perform together. D. To provide a curriculum that allows the children to continue in the program with progressive development from beginners level through and beyond the rank of black belt.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard S JacobsDirector And TrusteePT$0--
Margaret L KlingmeyerTrustee-$0--
Frederick J Klingmeyer SrTrustee-$0--
Filing and Contact Details

Filer

Filer Name
KIDS' KARATE
EIN
02-0547496
Phone
6175278052
Address
33 Coolidge Road, Newton Center, MA 02459

Signing Officer

Name
Richard S Jacobs
Title
Director and Trustee
Phone
6175278052
Signed
2025-04-21
Discuss with paid preparer
Yes

Preparer

Firm
John J Volante CPA LLC
Address
85 Evergreen Way, Belmont, MA 02478
Preparer
John J Volante CPA MST LLC
Phone
6174842777
Supplemental Narrative

Additional Explanations

Pt III, Line 31

Program service accomplishments, continued from Part III, Line 28: B. To combat community deterioration and various forms of juvenile deliquency and drug use by helping the children develop strength of character, a healthy sense of achievement, and a positive value system which serve as deterrents to negative activities, negative influences, and negative peer pressure by helping the children feel and build self-esteem, self confidence, and self-discipline. C. To diminish prejudice and discrimination by providing an environment of courtesy, sportsmanship, and mutual respect in ethnically diverse and co-educational classes. The Annual Kids Karate Exhibition provides an opportunity for children from different communities to interact and perform together. D. To provide a curriculum that allows the children to continue in the program with progressive development from beginners level through and beyond the rank of black belt.

Other

Part iii organizations primary exempt purpose

Other

During the year we served 65 boys and girls in underprivileged as well as middle class areas in their positive growth and development -- mentally, physically, socially and psychologically through racially and culturally diverse martial arts classes. These are taught by high-ranking black-belt instructors at substantially below market rates. All students advance in belt rank.

Pt V, Line 35B

NA

Form 990EZ, Part I, Line 16

Advertising 0.

Form 990EZ, Part I, Line 16

Liability insurance 921.

Form 990EZ, Part I, Line 16

Uniforms and belts 716.

Form 990EZ, Part I, Line 16

Workers comp 324.

Form 990EZ, Part I, Line 16

Trophies & Exhibition expense 0.

Form 990EZ, Part I, Line 16

Office supplies 155.

Form 990EZ, Part I, Line 16

Website 363.

Form 990EZ, Part I, Line 16

Taxes and fees 35.

Form 990EZ, Part I, Line 16

Miscellaneous 687.

Form 990EZ, Part I, Line 16

Karate equipment 0.

Form 990EZ, Part I, Line 16

Post Office Box 282.

Form 990EZ, Part I, Line 16

Karate Seminars 400.

Form 990EZ, Part II, Line 26

Loans from Director Richard S. Jacobs 39971. 51302.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleL/TotalBalanceDueAmt051302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program service accomplishments, continued from Part III, Line 28: B. To combat community deterioration and various forms of juvenile deliquency and drug use by helping the children develop strength of character, a healthy sense of achievement, and a positive value system which serve as deterrents to negative activities, negative influences, and negative peer pressure by helping the children feel and build self-esteem, self confidence, and self-discipline. C. To diminish prejudice and discrimination by providing an environment of courtesy, sportsmanship, and mutual respect in ethnically diverse and co-educational classes. The Annual Kids Karate Exhibition provides an opportunity for children from different communities to interact and perform together. D. To provide a curriculum that allows the children to continue in the program with progressive development from beginners level through and beyond the rank of black belt.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PART III ORGANIZATIONS PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2During the year we served 65 boys and girls in underprivileged as well as middle class areas in their positive growth and development -- mentally, physically, socially and psychologically through racially and culturally diverse martial arts classes. These are taught by high-ranking black-belt instructors at substantially below market rates. All students advance in belt rank.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Advertising 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Liability insurance 921.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Uniforms and belts 716.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Workers comp 324.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Trophies & Exhibition expense 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Office supplies 155.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Website 363.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Taxes and fees 35.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Miscellaneous 687.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Karate equipment 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Post Office Box 282.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Karate Seminars 400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Loans from Director Richard S. Jacobs 39971. 51302.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt V, Line 35b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard S Jacobs
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director and Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum06175278052
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KIDS' KARATE
ReturnHeader/Filer/BusinessNameControlTxt0KIDS
ReturnHeader/Filer/EIN0020547496
ReturnHeader/Filer/PhoneNum06175278052
ReturnHeader/Filer/USAddress/AddressLine1Txt033 Coolidge Road
ReturnHeader/Filer/USAddress/CityNm0Newton Center
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002459
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844887810
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0John J Volante CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt085 Evergreen Way
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Belmont
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002478
ReturnHeader/PreparerPersonGrp/PhoneNum06174842777
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John J Volante CPA MST LLC
ReturnHeader/ReturnTs02025-04-30T09:47:05-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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