Indepdendent Karate School Scholarship Foundation Inc

990EZ • Fiscal year 2017 • EIN 20-8923828

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 24, 2018

Organization Profile WWW.IKSNH.COM

138 Lake StNashua, NH 03060

(603) 882-6917

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

-41%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-12%

Faster asset growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

207%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$14,603

Down $1,986 (-12%) from 2016

Net Assets

Down

$14,603

Down $1,986 (-12%) from 2016

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin9th percentile

Revenue

$4,895

Up $3,303 (+207%) from 2016

Expenses

Down

$6,882

Down $6,281 (-48%) from 2016

Net Income

-$1,987

Up $9,584 (+83%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

Highlighted filing

2017

Assets$14,603

Liabilities-

Net Assets$14,603

Open 2017 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2017

Revenue$4,895

Expenses$6,882

Net Income-$1,987

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Feb 24, 2018
Return Version: 2017v2.2
Gross Receipts: $4,895

Mission and Program Overview

Mission

The mission of the indpendent karate school scholarship foundation is to support the charitable endeavors of the independent karate school community, including academic scholarships for community members, and support of other approved programs.

Program Services

Description	Grants	Expenses
THE MISSION OF THE INDPENDENT KARATE SCHOOL SCHOLARSHIP FOUNDATION IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS.	$5,000	$6,882

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
RANDY SMITH	President	-	$0	-	-
JEFF MAISTROSKY	Treasurer	-	$0	-	-
CAROL HUTCHINSON	Director	-	$0	-	-
KEITH TREXLER	Director	-	$0	-	-
PETER M DESMARAIS	Chairman	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Independent Karate School
EIN: 20-8923828
Phone: 6038826917
Address: 138 LAKE ST, NASHUA, NH 03060

Signing Officer

Name: Jeff Maistrosky
Title: Treasurer
Phone: 6038826917
Signed: 2018-02-24
Discuss with paid preparer: Yes

Preparer

Firm: Tax Services of Londonderry Inc
Address: 1C COMMONS DR UNIT 18, LONDONDERRY, NH 03053-3441
Preparer: Robert a Capriole Ea
Phone: 6034328291

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses website 157 dues 75 miscellanous expense 500 total 732”

Form 990-ez, Part II, Line 24

“Due from iks 2,251 2,251 total 2,251 2,251”

Form 990-ez, Part III

“The mission of the indpendent karate school scholarship foundation is to support the charitable endeavors of the independent karate school community, including academic scholarships for community members, and support of other approved programs.”

Form 990-ez, Part III, Line 28

“The mission of the indpendent karate school scholarship foundation is to support the charitable endeavors of the independent karate school community, including academic scholarships for community members, and support of other approved programs.”

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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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	PETER M DESMARAIS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	CHAIRMAN
IRS990EZ/OperateHospitalInd	0	false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	2251
IRS990EZ/OtherExpensesTotalAmt	0	732
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE MISSION OF THE INDPENDENT KARATE SCHOOL SCHOLARSHIP FOUNDATION IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE MISSION OF THE INDPENDENT KARATE SCHOOL SCHOLARSHIP FOUNDATION IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	5000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	6882
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	2113
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	6882
IRS990EZ/TotalProgramServiceExpensesAmt	0	6882
IRS990EZ/TotalRevenueAmt	0	4895
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.IKSNH.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	2782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	2483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	5247
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	8384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	19876
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	2113
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
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IRS990ScheduleA/PublicSupportTotal170Amt	0	19876
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	2782
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	980
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	5247
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	19876
IRS990ScheduleA/TotalSupportAmt	0	19876
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES WEBSITE 157 DUES 75 MISCELLANOUS EXPENSE 500 TOTAL 732
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DUE FROM IKS 2,251 2,251 TOTAL 2,251 2,251
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	THE MISSION OF THE INDPENDENT KARATE SCHOOL SCHOLARSHIP FOUNDATION IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	THE MISSION OF THE INDPENDENT KARATE SCHOOL SCHOLARSHIP FOUNDATION IS TO SUPPORT THE CHARITABLE ENDEAVORS OF THE INDEPENDENT KARATE SCHOOL COMMUNITY, INCLUDING ACADEMIC SCHOLARSHIPS FOR COMMUNITY MEMBERS, AND SUPPORT OF OTHER APPROVED PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
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ReturnHeader/Filer/BusinessNameControlTxt	0	INDE
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ReturnHeader/FilingSecurityInformation/IPTm	0	16:03:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	810607615
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	030533441
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6034328291
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	ROBERT A CAPRIOLE EA
ReturnHeader/ReturnTs	0	2018-03-23T17:03:18-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $14,603
Liabilities: -
Net assets: $14,603
Revenue: $4,895
Expenses: $6,882
Net income: -$1,987

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$89.0		$89.0	$22.7	$26.0	$3.28
2023Detailed filing. Detailed filing data is available for this year.	$92.3		$92.3	$22.8	$1.37	$21.4
2022Detailed filing. Detailed filing data is available for this year.	$70.9		$70.9	$24.2	$2.82	$21.4
2021Detailed filing. Detailed filing data is available for this year.	$49.5		$49.5	$25.0	$5.65	$19.4
2020Detailed filing. Detailed filing data is available for this year.	$30.1		$30.1	$16.3	$6.34	$9.95
2019Summary only. Only limited summary data is available for this year.	$20.2	$0.00		$10.4	$2.33	$8.05
2018Detailed filing. Detailed filing data is available for this year.	$12.1		$12.1	$3.80	$6.30	$2.50
2017Detailed filing. Detailed filing data is available for this year.	$14.6		$14.6	$4.90	$6.88	$1.99
2016Detailed filing. Detailed filing data is available for this year.	$16.6		$16.6	$1.59	$13.2	$11.6
2015Detailed filing. Detailed filing data is available for this year.	$28.2		$28.2	$2.96	$1.28	$1.68
2014Detailed filing. Detailed filing data is available for this year.	$26.5		$26.5	$11.1	$11.1	$0.05
2013Detailed filing. Detailed filing data is available for this year.	$26.5		$26.5	$14.6	$2.42	$12.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$14.4		$14.4	$16.1	$15.1	$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$13.4		$13.4	$15.4	$11.8	$3.67