Civic Intelligence

Washington State Tae Kwon Do Founda

990EZ • Fiscal year 2019 • EIN 38-3906690

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 02, 2020

Organization ProfileNone
2302 Harrison Ave NEOlympia, WA 98502

(206) 898-4412

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

30th percentile

-9.0%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

10th percentile

-50%

Faster revenue growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$29,872

Down $2,972 (-9.0%) from 2018

Net Assets

Down

$29,872

Down $2,972 (-9.0%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin13th percentile

Revenue

Down

$10,861

Down $10,941 (-50%) from 2018

Expenses

Down

$13,833

Down $3,944 (-22%) from 2018

Net Income

Down

-$2,972

Down $6,997 (-174%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$100K$50K$0-$50KAssets 2013: $963Liabilities 2013: $02013Assets 2014: $1,451Liabilities 2014: $1,470Net Assets 2014: -$192014Assets 2015: $254Liabilities 2015: $0Net Assets 2015: $2542015Assets 2016: $11,438Liabilities 2016: $0Net Assets 2016: $11,4382016Assets 2017: $28,819Liabilities 2017: $0Net Assets 2017: $28,8192017Assets 2018: $32,844Liabilities 2018: $0Net Assets 2018: $32,8442018Assets 2019: $29,872Liabilities 2019: $0Net Assets 2019: $29,8722019Assets 2020: $27,315Liabilities 2020: $0Net Assets 2020: $27,3152020Assets 2021: $26,547Liabilities 2021: $0Net Assets 2021: $26,5472021Assets 2022: $37,406Liabilities 2022: $0Net Assets 2022: $37,4062022Assets 2023: $52,761Liabilities 2023: $02023Assets 2024: $89,887Liabilities 2024: $0Net Assets 2024: $89,8872024

Highlighted filing

2019

Assets$29,872
Liabilities$0
Net Assets$29,872
Open 2019 Filing

Operations Trend

Revenue Growth10th percentile

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

$100K$50K$0-$50KRevenue 2013: $32,013Expenses 2013: $35,923Net Income 2013: -$3,9102013Revenue 2014: $26,928Expenses 2014: $27,895Net Income 2014: -$9672014Revenue 2015: $21,969Expenses 2015: $21,696Net Income 2015: $2732015Revenue 2016: $26,335Expenses 2016: $15,151Net Income 2016: $11,1842016Revenue 2017: $35,760Expenses 2017: $18,379Net Income 2017: $17,3812017Revenue 2018: $21,802Expenses 2018: $17,777Net Income 2018: $4,0252018Revenue 2019: $10,861Expenses 2019: $13,833Net Income 2019: -$2,9722019Revenue 2020: $20Expenses 2020: $2,577Net Income 2020: -$2,5572020Revenue 2021: $100Expenses 2021: $868Net Income 2021: -$7682021Revenue 2022: $52,047Expenses 2022: $41,188Net Income 2022: $10,8592022Revenue 2023: $61,968Expenses 2023: $46,613Net Income 2023: $15,3552023Revenue 2024: $79,349Expenses 2024: $42,223Net Income 2024: $37,1262024

Highlighted filing

2019

Revenue$10,861
Expenses$13,833
Net Income-$2,972
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 2, 2020
Return Version
2019v5.1
Gross Receipts
$35,986
Mission and Program Overview

Mission

The corporation is established for the purpose of promoting the matial art of tae kwon do by sponsoring amateur tae kwon do or other martial art competitions, including, but not limited to the governor's cup, providing for scholarships and engaging in other activities that promote tae kwon do.

To promote the Martial Arts of Taekwondo

Program Services

DescriptionGrantsExpenses
Grant issued to students to participate in miscellaneous Martial Arts competitions.-$9,641
Break-A-Thon Fundraiser to raise funds for the Olympia and North Thurston School District.-$3,606
Governors Cup Tournament Fundraiser to raise awareness and promote Tae Kwon Do.-$535
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Young-Hak LeeTrustee-$0--
Jason LeePresident-$0--
Angie LeeSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sales$19,070$19,070$24,282$-5,212
Break A Thon$3,068$3,068-$3,068
Total Events$22,138$22,138$25,125$-2,987
Filing and Contact Details

Filer

Filer Name
Washington State Tae Kwon Do Foundation
EIN
38-3906690
Address
2302 Harrison Ave NE, Olympia, WA 98502

Signing Officer

Name
Jason Lee
Title
President
Phone
2068984412
Signed
2020-09-02
Discuss with paid preparer
No

Preparer

Firm
Yu & Associates PLLC
Address
5920 100th St Sw Unit 27, Lakewood, WA 98499
Preparer
Kyong I Yu EA
Phone
2535847799
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity Educational Programming Support Grantee Olympia School District Street 1113 Legion Way SE City, State, Zip Olympia, WA 98501Amount 4,000Activity Educational Programming Support Grantee North Thurston Education FoundationStreet PO Box 3312 City, State, Zip Lacey, WA 98509Amount 4,000Activity Educational Programming Support Grantee Tumwater Education Foundation Street PO Box 15122 City, State, Zip Tumwater, WA 98511-5122Amount 4,000”

Description of other expenses Part I line 16

“Description AmountBank Fee 14”

Raw XML Appendix160 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jason Lee
IRS990EZ/BooksInCareOfDetail/PhoneNum02068984412
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02302 Harrison Ave NE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Olympia
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098502
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt032844
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029872
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013848
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2972
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0450
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt032844
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029872
IRS990EZ/FundraisingGrossIncomeAmt022138
IRS990EZ/GrantsAndSimilarAmountsPaidAmt012000
IRS990EZ/GrossReceiptsAmt035986
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt032844
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029872
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt032844
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029872
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Young-Hak Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jason Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Angie Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt014
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote the Martial Arts of Taekwondo
IRS990EZ/PrintingPublicationsPostageAmt01369
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Break-A-Thon Fundraiser to raise funds for the Olympia and North Thurston School District.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Governors Cup Tournament Fundraiser to raise awareness and promote Tae Kwon Do.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Grant issued to students to participate in miscellaneous Martial Arts competitions.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03606
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1535
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt29641
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt025125
IRS990EZ/SpecialEventsNetIncomeLossAmt0-2987
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013833
IRS990EZ/TotalProgramServiceExpensesAmt013782
IRS990EZ/TotalRevenueAmt010861
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0None
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035986
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt033251
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt071531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt041055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0207730
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0207730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035986
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt033251
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt071531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt041055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt025907
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0207730
IRS990ScheduleA/TotalSupportAmt0207730
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025125
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Break A Thon
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Sales
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt03068
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt019070
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022138
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt03068
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt019070
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022138
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2987
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0843
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0843
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt024282
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt024282
IRS990ScheduleG/LicensedStatesCd0WA
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Educational Programming Support Grantee Olympia School District Street 1113 Legion Way SE City, State, Zip Olympia, WA 98501Amount 4,000Activity Educational Programming Support Grantee North Thurston Education FoundationStreet PO Box 3312 City, State, Zip Lacey, WA 98509Amount 4,000Activity Educational Programming Support Grantee Tumwater Education Foundation Street PO Box 15122 City, State, Zip Tumwater, WA 98511-5122Amount 4,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountBank Fee 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jason Lee
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02068984412
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Washington State Tae Kwon Do Foundation
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0383906690
ReturnHeader/Filer/USAddress/AddressLine1Txt02302 Harrison Ave NE
ReturnHeader/Filer/USAddress/CityNm0Olympia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098502
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FB01BE82F6ABB7C53EC418A19DF96B144368F07F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FB01BE82F6ABB7C53EC418A19DF96B144368F07F
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId09155032020248kmgk3ce
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-09-04
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.208.215.125
ReturnHeader/FilingSecurityInformation/IPDt02020-09-04
ReturnHeader/FilingSecurityInformation/IPTm014:49:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0912180708
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Yu & Associates PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05920 100th St Sw Unit 27
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lakewood
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098499
ReturnHeader/PreparerPersonGrp/PhoneNum02535847799
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kyong I Yu EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-02T18:01:02-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,872
Liabilities
$0
Net assets
$29,872
Revenue
$10,861
Expenses
$13,833
Net income
-$2,972
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$89.9$0.00$89.9$79.3$42.2$37.1
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.8$0.00$62.0$46.6$15.4
2022Detailed filing. Detailed filing data is available for this year.$37.4$0.00$37.4$52.0$41.2$10.9
2021Detailed filing. Detailed filing data is available for this year.$26.5$0.00$26.5$0.10$0.87$0.77
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$0.00$27.3$0.02$2.58$2.56
2019Detailed filing. Detailed filing data is available for this year.$29.9$0.00$29.9$10.9$13.8$2.97
2018Detailed filing. Detailed filing data is available for this year.$32.8$0.00$32.8$21.8$17.8$4.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.8$0.00$28.8$35.8$18.4$17.4
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$0.00$11.4$26.3$15.2$11.2
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$22.0$21.7$0.27
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$1.47$0.02$26.9$27.9$0.97
2013Summary only. Only limited summary data is available for this year.$0.96$0.00$32.0$35.9$3.91