Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Washington State Tae Kwon Do Founda
990EZ • Fiscal year 2023 • EIN 38-3906690
Refreshing map…
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
65th percentile
Faster revenue growth than 65% of similar nonprofits.
Balance Sheet
Assets
Up$52,761
Up $15,355 (+41%) from 2022
Net Assets
Up$52,761
Up $15,355 (+41%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Up$61,968
Up $9,921 (+19%) from 2022
Expenses
Up$46,613
Up $5,425 (+13%) from 2022
Net Income
Up$15,355
Up $4,496 (+41%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 14, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $63,641
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
| Description | Grants | Expenses |
|---|---|---|
| Break-A-Thon Fundraiser to raise funds for the Olympia and North Thurston School District. | - | - |
| Governors Cup Tournament Fundraiser to raise awareness and promote Tae Kwon Do. | - | - |
| Grant issued to students to participate in miscellaneous Martial Arts competitions. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Young-Hak Lee | Trustee | - | $0 | - | - |
| Jason Lee | President | - | $0 | - | - |
| Angie Lee | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Washington State Tae Kwon Do Foundation
- EIN
- 38-3906690
- Address
- 4030 Martin Way E, Olympia, WA 98506
Signing Officer
- Name
- Jason Lee
- Title
- President
- Phone
- 2068984412
- Signed
- 2024-11-14
- 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
Description of other revenue Part I line 8
“Description AmountTKD Training Package Fees Received 54,000”
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 98501Activity Educational Programming Support Grantee North Thurston Education FoundationStreet PO Box 3312 City, State, Zip Lacey, WA 98509Activity Educational Programming Support Grantee Tumwater Education Foundation Street PO Box 15122 City, State, Zip Tumwater, WA 98511-5122”
Description of other expenses Part I line 16
“Description AmountBank Charge 91License Renewal 20TKD Training Package Fees 37,867Training 1,351Agent fee 165Supplies 231Stipend 6,338”
Raw XML Appendix136 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 | Jason Lee |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2068984412 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4030 Martin Way E |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Olympia |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 98506 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 37406 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 52761 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 677 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 15355 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 550 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 37406 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 52761 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 8964 |
| IRS990EZ/GrossReceiptsAmt | 0 | 63641 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 37406 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 52761 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 37406 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 52761 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Young-Hak Lee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Jason Lee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Angie Lee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 46063 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 54000 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To promote the Martial Arts of Taekwondo |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Break-A-Thon Fundraiser to raise funds for the Olympia and North Thurston School District. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Governors Cup Tournament Fundraiser to raise awareness and promote Tae Kwon Do. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Grant issued to students to participate in miscellaneous Martial Arts competitions. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 1673 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 7291 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | WA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 46613 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 61968 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | None |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 63641 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54342 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35986 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 154089 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 154089 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 63641 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54342 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35986 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 154089 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 154089 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountTKD Training Package Fees Received 54,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Educational Programming Support Grantee Olympia School District Street 1113 Legion Way SE City, State, Zip Olympia, WA 98501Activity Educational Programming Support Grantee North Thurston Education FoundationStreet PO Box 3312 City, State, Zip Lacey, WA 98509Activity Educational Programming Support Grantee Tumwater Education Foundation Street PO Box 15122 City, State, Zip Tumwater, WA 98511-5122 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountBank Charge 91License Renewal 20TKD Training Package Fees 37,867Training 1,351Agent fee 165Supplies 231Stipend 6,338 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other expenses Part I line 16 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jason Lee |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2068984412 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Washington State Tae Kwon Do Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WASH |
| ReturnHeader/Filer/EIN | 0 | 383906690 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4030 Martin Way E |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Olympia |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 98506 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 912180708 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Yu & Associates PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5920 100th St SW Unit 27 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Lakewood |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 98499 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2535847799 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Kyong I Yu EA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T22:40:56-05:00 |
| 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
- $52,761
- Liabilities
- $0
- Net assets
- $52,761
- Revenue
- $61,968
- Expenses
- $46,613
- Net income
- $15,355