Civic Intelligence

Karate Can-Do Foundation

990EZ • Fiscal year 2023 • EIN 26-3818604

Jul 01, 2022 to Jun 30, 2023 • Filed on Aug 21, 2023

2081 Johns CourtGlenview, IL 60025

(312) 560-1072

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

70th percentile

17%

Faster asset growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

72nd percentile

29%

Faster revenue growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$126,486

Up $18,091 (+17%) from 2022

Net Assets

Up

$125,027

Up $16,632 (+15%) from 2022

Liabilities

$1,459

No earlier filing loaded for comparison.

Revenue

Up

$145,962

Up $33,018 (+29%) from 2022

Expenses

Up

$129,330

Up $38,845 (+43%) from 2022

Net Income

Down

$16,632

Down $5,827 (-26%) from 2022

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

2023

Assets$126,486
Liabilities$1,459
Net Assets$125,027

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

2023

Revenue$145,962
Expenses$129,330
Net Income$16,632
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Aug 21, 2023
Return Version
2022v5.0
Gross Receipts
$156,581
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.

Program Services

DescriptionGrantsExpenses
PROGRAM SERVICE ACCOMPLISHMENTS THIS YEAR INCLUDE THE CONTINUTATION OF ASPECIAL NEEDS PROGRAM, WHICH HAD AN EXCELLENT PARTICIPATION IN THECOMMUNITY WITH A WIDE RANGE OF CHILDREN WITH VARIOUS DISABILITIES.-$125,030
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SASHA GERRITSONTreasurer-$0--
ROBERT MIDDLETONPresident-$0--
DAVID ROWLANDSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Karate Can-Do Foundation
EIN
26-3818604
Phone
3125601072
Address
2081 Johns Court, Glenview, IL 60025

Signing Officer

Name
Sasha Gerritson
Title
Treasurer
Phone
3125601072
Signed
2023-08-21
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other Expenses.1005

Travel $11177

Other Expenses.1010

Amortization $33

Other Expenses.1012

Insurance $1905

Other Expenses.1

SCHOLARSHIPS $36430

Other Expenses.2

Website development $11000

Other Expenses.3

Telephone & internet $8253

Other Expenses.4

Repairs & maintenance $7509

Other Expenses.5

Tournament entry fees $7074

Other Expenses.6

KARATE SUPPLIES $5404

Other Expenses.7

LAUNDRY & UNIFORMS $1177

Other Expenses.8

TD AMERITRADE FEES $432

Other Expenses.9

BANK CHARGES $75

Other Expenses.10

FRANCHISE TAX $15

Other Assets.1012

Intangible Assets - Beginning $124 Intangible Assets - Ending $91

Total Liabilities.1

PAYROLL TAXES PAYABLE - Beginning $0 PAYROLL TAXES PAYABLE - Ending $1459

Raw XML Appendix179 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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IRS990EZ/PrimaryExemptPurposeTxt0THE 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.
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $11177
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Amortization $33
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1905
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCHOLARSHIPS $36430
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEBSITE DEVELOPMENT $11000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TELEPHONE & INTERNET $8253
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REPAIRS & MAINTENANCE $7509
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TOURNAMENT ENTRY FEES $7074
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8KARATE SUPPLIES $5404
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LAUNDRY & UNIFORMS $1177
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TD AMERITRADE FEES $432
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BANK CHARGES $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12FRANCHISE TAX $15
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PAYROLL TAXES PAYABLE - Beginning $0 PAYROLL TAXES PAYABLE - Ending $1459
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SASHA GERRITSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03125601072
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Karate Can-Do Foundation
ReturnHeader/Filer/BusinessNameControlTxt0KARA
ReturnHeader/Filer/EIN0263818604
ReturnHeader/Filer/PhoneNum03125601072
ReturnHeader/Filer/USAddress/AddressLine1Txt02081 Johns Court
ReturnHeader/Filer/USAddress/CityNm0Glenview
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060025
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363466704
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIVERWOODS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060015
ReturnHeader/PreparerPersonGrp/PhoneNum08475971970
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Hal Roseth
ReturnHeader/ReturnTs02023-08-21T11:48:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SASHA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GERRITSON
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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Filings