Civic Intelligence

Kids' Karate

990EZ • Fiscal year 2014 • EIN 02-0547496

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 20, 2015

33 Coolidge RoadNewton Center, MA 02459

(617) 527-8052

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

8.58x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

89th percentile

0.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

76th percentile

$4,795

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

7th percentile

-59%

Faster asset growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

58th percentile

6.9%

Faster revenue growth than 58% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,474

Down $2,129 (-59%) from 2013

Net Assets

Down

-$11,166

Down $14,769 (-410%) from 2013

Liabilities

Up

$12,640

Up $12,640 from 2013

Revenue

Up

$41,495

Up $2,669 (+6.9%) from 2013

Expenses

Up

$47,124

Up $1,031 (+2.2%) from 2013

Net Income

Up

-$5,629

Up $1,638 (+23%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2014

Assets$1,474
Liabilities$12,640
Net Assets-$11,166

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$41,495
Expenses$47,124
Net Income-$5,629
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 20, 2015
Return Version
2014v5.0
Gross Receipts
$41,495
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.

Program service accomplishments: during the year we served 300 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.

Program Services

DescriptionGrantsExpenses
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 DELIQUENCY AND DRUG USE BY HELPING THE CHILDREN DEVELOP STRENGTH OF CHARACTER, A HEALTHY SENSE OF ACHIEVEMENT, AND A POSITIVE VALUE SYSTEM WHICH SERVES 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.-$47,124
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
AMANDA SMITHInstructorPT$4,795-$4,795
HOWARD SOONESInstructor-$3,000-$3,000
MELISSA CUCCHIInstructor-$1,575-$1,575
WILLIAM SOLOMONInstructor-$1,458-$1,458
JAMES CUCCHIInstructor-$1,125-$1,125
RANDALL YEEInstructor-$1,080-$1,080
IAN PAULInstructor-$906-$906
LAWRENCE FALLLON JRInstructor-$575-$575
ROBERT RYANInstructor-$564-$564
SALOME TKEBUCHAVAInstructor-$469-$469
YOELENA TKEBUCHAVAInstructor-$422-$422
ELMA EDWARDSInstructor-$400-$400
DEADRA SIMMSInstructor-$253-$253
TAL TABIBInstructor-$150-$150
RICHARD JACOBSDirector & TPT$0--
MARGARET L KLINGMEYERTrustee-$0--
FREDERICK J KLINGMEYER SRTrustee-$0--
GHIA MCLEANTrustee-$0--
RICHARD S JACOBSInstructorPT$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
Phone
6175278052
Signed
2015-04-20
Discuss with paid preparer
Yes

Preparer

Firm
Tobin & Associates Pc
Address
84 BROADWAY, TAUNTON, MA 02780
Preparer
Tobin Associates Pc
Phone
5088237000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 8,361 liability insurance 2,563 uniforms & belts 2,242 workers' comp 406 trophies 651 postage 98 office supplies 176 website 100 taxes & fees 51 miscellaneous 325 total 14,973

Form 990-ez, Part II, Line 26

Loans from officers 9,140 12,640

Form 990-ez, Part III

Program service accomplishments: during the year we served 300 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.

Form 990-ez, Part III, Line 28

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 deliquency and drug use by helping the children develop strength of character, a healthy sense of achievement, and a positive value system which serves 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.

Raw XML Appendix226 raw XML fields

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/TotalBalanceDueAmt012640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 8,361 LIABILITY INSURANCE 2,563 UNIFORMS & BELTS 2,242 WORKERS' COMP 406 TROPHIES 651 POSTAGE 98 OFFICE SUPPLIES 176 WEBSITE 100 TAXES & FEES 51 MISCELLANEOUS 325 TOTAL 14,973
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOANS FROM OFFICERS 9,140 12,640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAM SERVICE ACCOMPLISHMENTS: DURING THE YEAR WE SERVED 300 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/ExplanationTxt3A. 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 DELIQUENCY AND DRUG USE BY HELPING THE CHILDREN DEVELOP STRENGTH OF CHARACTER, A HEALTHY SENSE OF ACHIEVEMENT, AND A POSITIVE VALUE SYSTEM WHICH SERVES 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/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD S JACOBS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06175278052
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-20
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/PreparerFirmGrp/PreparerFirmEIN0043388774
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TOBIN & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt084 BROADWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TAUNTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002780
ReturnHeader/PreparerPersonGrp/PhoneNum05088237000
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TOBIN ASSOCIATES PC
ReturnHeader/ReturnTs02015-05-13T12:25:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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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