Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Gold Summit Organization for the Development of Eastern Culture
990EZ • Fiscal year 2023 • EIN 26-2542410
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.98x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 47.9% of source-year revenue.
Asset Growth
27th percentile
Faster asset growth than 27% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Down$25,798
Down $2,731 (-9.6%) from 2022
Net Assets
Down$444
Down $2,704 (-86%) from 2022
Liabilities
Down$25,354
Down $27 (-0.1%) from 2022
Revenue And Expenses
Revenue
Down$34,767
Down $13,293 (-28%) from 2022
Expenses
Down$37,471
Down $1,559 (-4.0%) from 2022
Net Income
Down-$2,704
Down $11,734 (-130%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 15, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $36,207
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 | - | $35,905 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ERIN MARKLE | Board President | PT | $16,643 | - | $16,643 |
| 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 Wilkins
- Title
- Treasurer
- Phone
- 7164301650
- Signed
- 2024-11-15
- 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 141accounting 282tax preparation 825bank and other fees 283groceries 2,032insurances 373interest 1,501website 1,119payroll taxes 1,532supplies 76parking passes 200dues and subscriptions 745performance management 1,500class instruction 2,068repairs and maintenance 850travel 10”
Description of other assets Part II line 24
“Category beginning of year end of yearaccounts receivable 11,780 21,006inventory 883 326security deposits 2,769 2,769undeposited funds 18 0”
Description of total liabilities Part II line 26
“Category beginning of year end of yearfirst niagara line of credit 13,258 13,213accounts payable,credit cards 12,123 12,141”
Raw XML Appendix145 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 | 12838 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1597 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 626 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 1440 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2704 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 28529 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 25798 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 1348 |
| IRS990EZ/GrossReceiptsAmt | 0 | 36207 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 2788 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 241 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 100 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 3148 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 444 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 3148 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 444 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 7291 |
| 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 | 16643 |
| 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 | 15450 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 24101 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 13537 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATION IN MARTIAL CONT SCHO |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 32793 |
| 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 | 35905 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 16643 |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 25381 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 25354 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 37471 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 35905 |
| IRS990EZ/TotalRevenueAmt | 0 | 34767 |
| 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 141ACCOUNTING 282TAX PREPARATION 825BANK AND OTHER FEES 283GROCERIES 2,032INSURANCES 373INTEREST 1,501WEBSITE 1,119PAYROLL TAXES 1,532SUPPLIES 76PARKING PASSES 200DUES AND SUBSCRIPTIONS 745PERFORMANCE MANAGEMENT 1,500CLASS INSTRUCTION 2,068REPAIRS AND MAINTENANCE 850TRAVEL 10 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS RECEIVABLE 11,780 21,006INVENTORY 883 326SECURITY DEPOSITS 2,769 2,769UNDEPOSITED FUNDS 18 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARFIRST NIAGARA LINE OF CREDIT 13,258 13,213ACCOUNTS PAYABLE,CREDIT CARDS 12,123 12,141 |
| 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/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JENNIFER WILKINS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7164301650 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-15 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| 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 | 2024-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Alan Jeff |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2024-11-15T12:46:10-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $25,798
- Liabilities
- $25,354
- Net assets
- $444
- Revenue
- $34,767
- Expenses
- $37,471
- Net income
- -$2,704