Civic Intelligence

Karate Can-Do Foundation

990EZ • Fiscal year 2016 • EIN 26-3818604

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

770 Lakecook Rd 140Deerfield, IL 60015

(847) 480-7721

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

95th percentile

65%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

94th percentile

152%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

83rd percentile

39%

Faster revenue growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$104,431

Up $63,038 (+152%) from 2015

Net Assets

Up

$102,403

Up $63,038 (+160%) from 2015

Liabilities

Flat

$2,028

Flat from 2015

Revenue

Up

$97,296

Up $27,433 (+39%) from 2015

Expenses

Down

$34,258

Down $19,254 (-36%) from 2015

Net Income

Up

$63,038

Up $46,687 (+286%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $41,393Liabilities 2015: $2,028Net Assets 2015: $39,3652015Assets 2016: $104,431Liabilities 2016: $2,028Net Assets 2016: $102,4032016Assets 2017: $147,331Liabilities 2017: $1,959Net Assets 2017: $145,3722017Assets 2018: $175,645Liabilities 2018: $2,001Net Assets 2018: $173,6442018Assets 2020: $129,484Liabilities 2020: $3,731Net Assets 2020: $125,7532020Assets 2021: $89,713Liabilities 2021: $3,777Net Assets 2021: $85,9362021Assets 2022: $108,395Net Assets 2022: $108,3952022Assets 2023: $126,486Liabilities 2023: $1,459Net Assets 2023: $125,0272023Assets 2024: $87,218Net Assets 2024: $87,2182024Assets 2025: $91,583Net Assets 2025: $91,5832025

Highlighted filing

2016

Assets$104,431
Liabilities$2,028
Net Assets$102,403

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $69,863Expenses 2015: $53,512Net Income 2015: $16,3512015Revenue 2016: $97,296Expenses 2016: $34,258Net Income 2016: $63,0382016Revenue 2017: $101,937Expenses 2017: $58,968Net Income 2017: $42,9692017Revenue 2018: $110,417Expenses 2018: $82,145Net Income 2018: $28,2722018Revenue 2020: $63,061Expenses 2020: $96,342Net Income 2020: -$33,2812020Revenue 2021: $48,066Expenses 2021: $87,882Net Income 2021: -$39,8162021Revenue 2022: $112,944Expenses 2022: $90,485Net Income 2022: $22,4592022Revenue 2023: $145,962Expenses 2023: $129,330Net Income 2023: $16,6322023Revenue 2024: $92,951Expenses 2024: $130,760Net Income 2024: -$37,8092024Revenue 2025: $104,405Expenses 2025: $100,040Net Income 2025: $4,3652025

Highlighted filing

2016

Revenue$97,296
Expenses$34,258
Net Income$63,038
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$97,296
Mission and Program Overview

Mission

The karate can-do foundation is a non profit organization dedicated tohelping special needs children reach their fullest potential throughthe teachings and techniques of karate, a martial arts disciplinewhich improves physical, cognitive and emotional health.

The karate can-do foundation is a non profit organization dedicated to helping special needs children reach their fullest potential through the teachings and techniques of karate, a martial arts discipline which improves physical, cognitive and emotional health.

Program Services

DescriptionGrantsExpenses
PROGRAM SERVICE ACCOMPLISHMENTS THIS YEAR INCLUDE THE CONTINUTATION OF A SPECIAL NEEDS PROGRAM, WHICH HAD AN EXCELLENT PARTICIPATION IN THE COMMUNITY WITH A WIDE RANGE OF CHILDREN WITH VARIOUS DISABILITIES.-$23,793
FOUNDATION IS DEDICATED TO HELPING SPECIAL NEEDS CHILDREN REACH THEIR FULLEST POTENTIAL THRU THE TEACHINGS AND TECHNIQUES OF KARATE, A MARITAL ARTS DISCIPLINE WHICH IMPROVES PHYSICAL, COGNITIVE AND EMOTIONAL HEALTH.-$9,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICK HITONTreasurer-$0--
JEFFREY FINKPresident-$0--
DAVID ROWLANDSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Karate Can-do Foundation
EIN
26-3818604
Address
770 LAKECOOK RD 140, DEERFIELD, IL 60015

Signing Officer

Name
Rick Hiton
Title
Treasurer
Phone
8474807721
Signed
2017-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Hd Roseth & Associates Ltd
Address
302 SAUNDERS RD STE 200, RIVERWOODS, IL 60015-3897
Preparer
Hal D Roseth
Phone
8475971970
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,980 travel 10,755 conferences/meetings 808 website development 2,309 annual report fee 15 awards and grants 9,840 total 25,707

Form 990-ez, Part II, Line 24

Intangible assets 500 500 less accumulated amortization 143 176 total 357 324

Form 990-ez, Part II, Line 26

Payroll payable 2,028 2,028

Form 990-ez, Part III

The karate can-do foundation is a non profit organization dedicated to helping special needs children reach their fullest potential through the teachings and techniques of karate, a martial arts discipline which improves physical, cognitive and emotional health.

Form 990-ez, Part III, Line 28

Foundation is dedicated to helping special needs children reach their fullest potential thru the teachings and techniques of karate, a marital arts discipline which improves physical, cognitive and emotional health.

Form 990-ez, Part III, Line 31

Program service accomplishments this year include the continutation of a special needs program, which had an excellent participation in the community with a wide range of children with various disabilities.

Raw XML Appendix141 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,980 TRAVEL 10,755 CONFERENCES/MEETINGS 808 WEBSITE DEVELOPMENT 2,309 ANNUAL REPORT FEE 15 AWARDS AND GRANTS 9,840 TOTAL 25,707
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INTANGIBLE ASSETS 500 500 LESS ACCUMULATED AMORTIZATION 143 176 TOTAL 357 324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL PAYABLE 2,028 2,028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE KARATE CAN-DO FOUNDATION IS A NON PROFIT ORGANIZATION DEDICATED TO HELPING SPECIAL NEEDS CHILDREN REACH THEIR FULLEST POTENTIAL THROUGH THE TEACHINGS AND TECHNIQUES OF KARATE, A MARTIAL ARTS DISCIPLINE WHICH IMPROVES PHYSICAL, COGNITIVE AND EMOTIONAL HEALTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOUNDATION IS DEDICATED TO HELPING SPECIAL NEEDS CHILDREN REACH THEIR FULLEST POTENTIAL THRU THE TEACHINGS AND TECHNIQUES OF KARATE, A MARITAL ARTS DISCIPLINE WHICH IMPROVES PHYSICAL, COGNITIVE AND EMOTIONAL HEALTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROGRAM SERVICE ACCOMPLISHMENTS THIS YEAR INCLUDE THE CONTINUTATION OF A SPECIAL NEEDS PROGRAM, WHICH HAD AN EXCELLENT PARTICIPATION IN THE COMMUNITY WITH A WIDE RANGE OF CHILDREN WITH VARIOUS DISABILITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
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ReturnHeader/TaxYr02015

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Filings