Civic Intelligence

Brooklyn Aikikai Inc.

990 • Fiscal year 2016 • EIN 26-1693436

Jan 01, 2016 to Dec 31, 2016 • Filed on May 13, 2017

Refreshing map…

408 3rd AveBrooklyn, NY 11215

(718) 327-0006

Siviq Scores

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

Liabilities / Assets

86th percentile

0.14x

Higher debt load relative to assets than 86% of similar nonprofits.

2016 filings • NTEE N60 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

0.07x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • NTEE N60 • <$500k nonprofits • Source year 2016

Net Margin

85th percentile

21%

Higher net margin than 85% of similar nonprofits.

2016 filings • NTEE N60 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2016 filings • NTEE N60 • <$500k nonprofits • Source year 2016

Asset Growth

85th percentile

61%

Faster asset growth than 85% of similar nonprofits.

2016 filings • NTEE N60 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • NTEE N60 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$120,605

Up $45,883 (+61%) from 2015

Net Assets

Up

$103,949

Up $47,727 (+85%) from 2015

Liabilities

Down

$16,656

Down $1,844 (-10.0%) from 2015

Revenue

Up

$223,125

Up $31,988 (+17%) from 2015

Expenses

Up

$175,398

Up $2,382 (+1.4%) from 2015

Net Income

Up

$47,727

Up $29,606 (+163%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $241,002Liabilities 2011: $47,827Net Assets 2011: $193,1752011Assets 2014: $63,101Liabilities 2014: $25,000Net Assets 2014: $38,1012014Assets 2015: $74,722Liabilities 2015: $18,500Net Assets 2015: $56,2222015Assets 2016: $120,605Liabilities 2016: $16,656Net Assets 2016: $103,9492016Assets 2017: $162,764Liabilities 2017: $16,424Net Assets 2017: $146,3402017Assets 2020: $218,990Liabilities 2020: $3,709Net Assets 2020: $215,2812020Assets 2021: $211,775Liabilities 2021: $5,584Net Assets 2021: $206,1912021Assets 2024: $330,760Liabilities 2024: $11,251Net Assets 2024: $319,5092024

Highlighted filing

2016

Assets$120,605
Liabilities$16,656
Net Assets$103,949

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $135,999Expenses 2011: $111,780Net Income 2011: $24,2192011Revenue 2014: $167,955Expenses 2014: $146,009Net Income 2014: $21,9462014Revenue 2015: $191,137Expenses 2015: $173,016Net Income 2015: $18,1212015Revenue 2016: $223,125Expenses 2016: $175,398Net Income 2016: $47,7272016Revenue 2017: $239,485Expenses 2017: $192,343Net Income 2017: $47,1422017Revenue 2020: $208,453Expenses 2020: $202,916Net Income 2020: $5,5372020Revenue 2021: $207,105Expenses 2021: $216,195Net Income 2021: -$9,0902021Revenue 2024: $297,639Expenses 2024: $270,330Net Income 2024: $27,3092024

Highlighted filing

2016

Revenue$223,125
Expenses$175,398
Net Income$47,727
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 13, 2017
Return Version
2016v3.0
Gross Receipts
$223,125
Mission and Program Overview

Mission

Brooklyn aikikai is a nonprofit whose mission is to foster the harmony of the entire individual (mind, body, and emotions) through the disciplines of aikido, zen, misogi, and iaido. These traditional japanese arts are a "do" (or "tao" in chinese), a way, through which one strives to reveal the true self. By bringing this true self forward, one is transformed, and so also is the world. We provide a sanctuary in new york city where individuals from all backgrounds may develop themselves through training in the above arts. We promote understanding of these traditional japanese arts, as well as other japanese cultural activities and welcome productive partnerships with schools, other nonprofits, and community organizations that enhance understanding of our mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$56,222$103,949▲ $47,727
Cash and Non-Interest-Bearing Accounts$54,710$100,588▲ $45,878
Savings and Temporary Cash Investments$20,012$20,017▲ $5
Total Assets$74,722$120,605▲ $45,883
Liabilities
Unsecured Notes Loans Payable$18,500$16,656▼ $1,844
Total Liabilities$18,500$16,656▼ $1,844
Net Assets / Fund Balance
Total Net Assets Fund Balance$56,222$103,949▲ $47,727
Total Liabilities and Net Assets / Fund Balance$74,722$120,605▲ $45,883
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kate SavocaPresident
Rachel KitzingerDirector
Sarah KaylorSecretary
Scott AshenTreasurer
Carl BaldiniVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$223,119
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$0
All Other Contributions
$2,440
Change in Net Assets
$47,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$157,527
Salaries, Compensation, and Employee Benefits$17,871
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$57,731--$57,731
Travel$18,486--$18,486
Other Salaries and Wages$15,515--$15,515
All Other Expenses$12,336--$12,336
Office Expenses$10,042--$10,042
Fees for Services Other$5,762--$5,762
Other Expenses$4,504--$4,504
Payments to Affiliates$3,228--$3,228
Insurance$2,480--$2,480
Payroll Taxes$2,356--$2,356
Advertising$2,008--$2,008
Fees for Services Accounting$1,586--$1,586
Total Functional Expenses$175,398$0$0$175,398
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Brooklyn Aikikai
EIN
26-1693436
Address
408 3RD AVE, BROOKLYN, NY 11215

Signing Officer

Name
Kate Savoca
Title
President
Signed
2017-05-13

Organization Details

Principal Officer
Kate Savoca
Voting Board Members
7
Independent Board Members
7
Employees
1
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Brooklyn aikikai is a nonprofit whose mission is to foster the harmony of the entire individual (mind, body, and emotions) through the disciplines of aikido, zen, misogi, and iaido. These traditional japanese arts are a "do" (or "tao" in chinese), a way, through which one strives to reveal the true self. By bringing this true self forward, one is transformed, and so also is the world. We provide a sanctuary in new york city where individuals from all backgrounds may develop themselves through training in the above arts. We promote understanding of these traditional japanese arts, as well as other japanese cultural activities and welcome productive partnerships with schools, other nonprofits, and community organizations that enhance understanding of our mission.

Form 990, Page 2, Part III, Line 4D

The majority of funds raised go toward paying rent in the amount of 49,135 per year in order to have a space in which to practice. We also spent 20,036 to upgrade facilities and make repairs to the dojo. In 2016 we provided aikido classes to 95 adults and 64 children. Zazen meditation is offered to the public by donation. We hold a monthly free class open to the public. We provided scholarships for training in 2016 totaling approximately 7,603. We waived training fees in 2014 totaling approximately 1,850.

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IRS990/MissionDesc0BROOKLYN AIKIKAI IS A NONPROFIT WHOSE MISSION IS TO FOSTER THE HARMONY OF THE ENTIRE INDIVIDUAL (MIND, BODY, AND EMOTIONS) THROUGH THE DISCIPLINES OF AIKIDO, ZEN, MISOGI, AND IAIDO. THESE TRADITIONAL JAPANESE ARTS ARE A "DO" (OR "TAO" IN CHINESE), A WAY, THROUGH WHICH ONE STRIVES TO REVEAL THE TRUE SELF. BY BRINGING THIS TRUE SELF FORWARD, ONE IS TRANSFORMED, AND SO ALSO IS THE WORLD. WE PROVIDE A SANCTUARY IN NEW YORK CITY WHERE INDIVIDUALS FROM ALL BACKGROUNDS MAY DEVELOP THEMSELVES THROUGH TRAINING IN THE ABOVE ARTS. WE PROMOTE UNDERSTANDING OF THESE TRADITIONAL JAPANESE ARTS, AS WELL AS OTHER JAPANESE CULTURAL ACTIVITIES AND WELCOME PRODUCTIVE PARTNERSHIPS WITH SCHOOLS, OTHER NONPROFITS, AND COMMUNITY ORGANIZATIONS THAT ENHANCE UNDERSTANDING OF OUR MISSION.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE MAJORITY OF FUNDS RAISED GO TOWARD PAYING RENT IN THE AMOUNT OF 49,135 PER YEAR IN ORDER TO HAVE A SPACE IN WHICH TO PRACTICE. WE ALSO SPENT 20,036 TO UPGRADE FACILITIES AND MAKE REPAIRS TO THE DOJO. IN 2016 WE PROVIDED AIKIDO CLASSES TO 95 ADULTS AND 64 CHILDREN. ZAZEN MEDITATION IS OFFERED TO THE PUBLIC BY DONATION. WE HOLD A MONTHLY FREE CLASS OPEN TO THE PUBLIC. WE PROVIDED SCHOLARSHIPS FOR TRAINING IN 2016 TOTALING APPROXIMATELY 7,603. WE WAIVED TRAINING FEES IN 2014 TOTALING APPROXIMATELY 1,850.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BROOKLYN AIKIKAI IS A NONPROFIT WHOSE MISSION IS TO FOSTER THE HARMONY OF THE ENTIRE INDIVIDUAL (MIND, BODY, AND EMOTIONS) THROUGH THE DISCIPLINES OF AIKIDO, ZEN, MISOGI, AND IAIDO. THESE TRADITIONAL JAPANESE ARTS ARE A "DO" (OR "TAO" IN CHINESE), A WAY, THROUGH WHICH ONE STRIVES TO REVEAL THE TRUE SELF. BY BRINGING THIS TRUE SELF FORWARD, ONE IS TRANSFORMED, AND SO ALSO IS THE WORLD. WE PROVIDE A SANCTUARY IN NEW YORK CITY WHERE INDIVIDUALS FROM ALL BACKGROUNDS MAY DEVELOP THEMSELVES THROUGH TRAINING IN THE ABOVE ARTS. WE PROMOTE UNDERSTANDING OF THESE TRADITIONAL JAPANESE ARTS, AS WELL AS OTHER JAPANESE CULTURAL ACTIVITIES AND WELCOME PRODUCTIVE PARTNERSHIPS WITH SCHOOLS, OTHER NONPROFITS, AND COMMUNITY ORGANIZATIONS THAT ENHANCE UNDERSTANDING OF OUR MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MAJORITY OF FUNDS RAISED GO TOWARD PAYING RENT IN THE AMOUNT OF 49,135 PER YEAR IN ORDER TO HAVE A SPACE IN WHICH TO PRACTICE. WE ALSO SPENT 20,036 TO UPGRADE FACILITIES AND MAKE REPAIRS TO THE DOJO. IN 2016 WE PROVIDED AIKIDO CLASSES TO 95 ADULTS AND 64 CHILDREN. ZAZEN MEDITATION IS OFFERED TO THE PUBLIC BY DONATION. WE HOLD A MONTHLY FREE CLASS OPEN TO THE PUBLIC. WE PROVIDED SCHOLARSHIPS FOR TRAINING IN 2016 TOTALING APPROXIMATELY 7,603. WE WAIVED TRAINING FEES IN 2014 TOTALING APPROXIMATELY 1,850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056222
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0103949
IRS990/TotalOtherProgSrvcExpenseAmt0175398
IRS990/TotalProgramServiceExpensesAmt0175398
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0223125
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074722
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0120605
IRS990/TravelGrp/ProgramServicesAmt018486
IRS990/TravelGrp/TotalAmt018486
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt018500
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt016656
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.BROOKLYNAIKIKAI.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KATE SAVOCA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BROOKLYN AIKIKAI
ReturnHeader/Filer/BusinessNameControlTxt0BROO
ReturnHeader/Filer/EIN0261693436
ReturnHeader/Filer/USAddress/AddressLine1Txt0408 3RD AVE
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011215
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B2D903A2A1E1308ED787E2501DC71D38FB754178
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B2D903A2A1E1308ED787E2501DC71D38FB754178
ReturnHeader/ReturnTs02017-05-15T09:44:09-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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