Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Gold Summit Organization for the Development of Eastern Culture
990EZ • Fiscal year 2022 • EIN 26-2542410
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.89x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 41.2% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
33rd percentile
Faster revenue growth than 33% of similar nonprofits.
Balance Sheet
Assets
Up$28,529
Up $7,692 (+37%) from 2021
Net Assets
Up$3,148
Up $9,030 (+154%) from 2021
Liabilities
Down$25,381
Down $1,338 (-5.0%) from 2021
Revenue And Expenses
Revenue
Down$48,060
Down $2,807 (-5.5%) from 2021
Expenses
Down$39,030
Down $11,610 (-23%) from 2021
Net Income
Up$9,030
Up $8,803 (+3878%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 14, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $48,892
Mission and Program Overview
Mission
Education in martial cont scho
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EDUCATION OF ADULTS AND CHILDREN IN MARTIAL ARTS, EASTERN CULTURES, AND PHILOSOPHIES. BENEFITS INDIVIDUALS WITH AUTISM AND ADHD. IMPROVES HEALTH AND WELLNESS | - | $32,915 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ERIN MARKLE | Board President | PT | $19,786 | - | $19,786 |
| SCOTT LARSON | Vice President | PT | $0 | - | - |
| JENNIFER WILKENS | Treasurer | PT | $0 | - | - |
| MARK TOMLINSON | Board Chairpersonsecretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Gold Summit Odec
- EIN
- 26-2542410
- Address
- 132 BLAKE HILL ROAD, EAST AURORA, NY 14052
Signing Officer
- Name
- Jennifer Wilkens
- Title
- Treasurer
- Phone
- 7164301650
- Signed
- 2023-11-14
- Discuss with paid preparer
- No
Preparer
- Firm
- Alan Jeff CPA Pc
- Address
- 2978 COLVIN BOULEVARD, Tonawanda, NY 14150
- Preparer
- Alan Jeff
- Phone
- 7166933797
Supplemental Narrative
Additional Explanations
General explanation attachment
“Form 990-ez, part 3, primary exempt purpose: arts and eastern culture.”
Description of other expenses Part I line 16
“Description amountdepreciation from 4562 414business development 29accounting 1,883tax preparation 825bank and other fees 1,390groceries 3,537insurances 428interest 1,062website 215payroll taxes 1,548supplies 183parking passes 590dues and subscriptions 658performance management 800class instruction 1,503repairs and maintenance 653”
Description of other assets Part II line 24
“Category beginning of year end of yearaccounts receivable 11,650 11,780inventory 1,206 883security deposits 2,769 2,769undeposited funds 1,480 18”
Description of total liabilities Part II line 26
“Category beginning of year end of yearfirst niagara line of credit 13,576 13,258accounts payable,credit cards 13,143 12,123”
Raw XML Appendix151 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JENNIFER WILKENS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7164301650 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 132 BLAKE HILL ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | EAST AURORA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14052 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3077 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 12838 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 11659 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 832 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 9030 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 20837 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 28529 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 4393 |
| IRS990EZ/GrossReceiptsAmt | 0 | 48892 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 5225 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 655 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 241 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -5882 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 3148 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -5882 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 3148 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6370 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 19786 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ERIN MARKLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SCOTT LARSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JENNIFER WILKENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARK TOMLINSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD CHAIRPERSONSECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 17105 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 15450 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 15718 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATION IN MARTIAL CONT SCHO |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 32008 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EDUCATION OF ADULTS AND CHILDREN IN MARTIAL ARTS, EASTERN CULTURES, AND PHILOSOPHIES. BENEFITS INDIVIDUALS WITH AUTISM AND ADHD. IMPROVES HEALTH AND WELLNESS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 32915 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 16942 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 26719 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 25381 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 39030 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 32915 |
| IRS990EZ/TotalRevenueAmt | 0 | 48060 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.SUMMITKUNGFU.COM |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990-EZ, PART 3, PRIMARY EXEMPT PURPOSE: ARTS AND EASTERN CULTURE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTDEPRECIATION FROM 4562 414BUSINESS DEVELOPMENT 29ACCOUNTING 1,883TAX PREPARATION 825BANK AND OTHER FEES 1,390GROCERIES 3,537INSURANCES 428INTEREST 1,062WEBSITE 215PAYROLL TAXES 1,548SUPPLIES 183PARKING PASSES 590DUES AND SUBSCRIPTIONS 658PERFORMANCE MANAGEMENT 800CLASS INSTRUCTION 1,503REPAIRS AND MAINTENANCE 653 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS RECEIVABLE 11,650 11,780INVENTORY 1,206 883SECURITY DEPOSITS 2,769 2,769UNDEPOSITED FUNDS 1,480 18 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARFIRST NIAGARA LINE OF CREDIT 13,576 13,258ACCOUNTS PAYABLE,CREDIT CARDS 13,143 12,123 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JENNIFER WILKENS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7164301650 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GOLD SUMMIT ODEC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GOLD |
| ReturnHeader/Filer/EIN | 0 | 262542410 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 132 BLAKE HILL ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EAST AURORA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 14052 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 161326754 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ALAN JEFF CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2978 COLVIN BOULEVARD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Tonawanda |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 14150 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7166933797 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Alan Jeff |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2023-11-14T15:04:09-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JENNIFER |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WILKENS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $28,529
- Liabilities
- $25,381
- Net assets
- $3,148
- Revenue
- $48,060
- Expenses
- $39,030
- Net income
- $9,030