Civic Intelligence

Atlanta Karate Inc.

990EZ • Fiscal year 2016 • EIN 45-5366248

Oct 01, 2015 to Sep 30, 2016 • Filed on Jun 28, 2017

1230 Scarlet Oak CircleAthens, GA 30606

(404) 643-5531

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

46th percentile

1.5%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

89th percentile

$39,433

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 32.2% of source-year revenue.

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

Asset Growth

62nd percentile

9.5%

Faster asset growth than 62% of similar nonprofits.

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

Revenue Growth

49th percentile

0.2%

Faster revenue growth than 49% of similar nonprofits.

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

Assets

Up

$9,208

Up $800 (+9.5%) from 2015

Net Assets

$9,208

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$122,408

Up $255 (+0.2%) from 2015

Expenses

Down

$120,594

Down $12,576 (-9.4%) from 2015

Net Income

Up

$1,814

Up $12,831 (+116%) from 2015

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2013: $2,108Liabilities 2013: $02013Assets 2014: $20,843Liabilities 2014: $02014Assets 2015: $8,408Liabilities 2015: $02015Assets 2016: $9,208Net Assets 2016: $9,2082016Assets 2017: $17,792Net Assets 2017: $17,7922017Assets 2018: $20,119Liabilities 2018: $02018Assets 2019: $6,946Net Assets 2019: $6,9462019Assets 2020: $10,386Liabilities 2020: $02020Assets 2021: $11,176Net Assets 2021: $11,1762021Assets 2022: $9,098Net Assets 2022: $9,0982022Assets 2023: $12,249Liabilities 2023: $02023Assets 2024: $16,957Net Assets 2024: $16,9572024

Highlighted filing

2016

Assets$9,208
Liabilities-
Net Assets$9,208

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $108,632Expenses 2013: $106,365Net Income 2013: $2,2672013Revenue 2014: $149,068Expenses 2014: $129,606Net Income 2014: $19,4622014Revenue 2015: $122,153Expenses 2015: $133,170Net Income 2015: -$11,0172015Revenue 2016: $122,408Expenses 2016: $120,594Net Income 2016: $1,8142016Revenue 2017: $122,884Expenses 2017: $113,508Net Income 2017: $9,3762017Revenue 2018: $107,580Expenses 2018: $105,186Net Income 2018: $2,3942018Revenue 2019: $89,182Expenses 2019: $102,292Net Income 2019: -$13,1102019Revenue 2020: $86,088Expenses 2020: $82,648Net Income 2020: $3,4402020Revenue 2021: $61,783Expenses 2021: $60,993Net Income 2021: $7902021Revenue 2022: $84,198Expenses 2022: $86,276Net Income 2022: -$2,0782022Revenue 2023: $99,946Expenses 2023: $96,795Net Income 2023: $3,1512023Revenue 2024: $116,278Expenses 2024: $111,570Net Income 2024: $4,7082024

Highlighted filing

2016

Revenue$122,408
Expenses$120,594
Net Income$1,814
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jun 28, 2017
Return Version
2015v3.0
Gross Receipts
$122,408
Mission and Program Overview

Mission

Atlanta karate, inc. Provideds after school classes for children, summer camps for children, self defense classes for women, and martial arts classes for the local community. Atlanta karate, inc. Strives to combine fun with moral and physical fitness by building and developing self confidence, self control and a non-defeatist attitude within the individual student in a safe, educational environment.

Program Services

DescriptionGrantsExpenses
ATLANTA KARATE, INC. STRIVES TO TEACH STUDENTS, 1ST GRADE ELEMENTARY AGE AND OLDER, THE BENEFITS OF MARTIAL ARTS WHILE INSTILLING CONFIDENCE, SELF CONTROL AND A NON-DEFEATISIT ATTITTUDE. OUR PROGRAM HAS NOW EXPANDED TO 8 SCHOOLS AND OVER 167 STUDENTS PER WEEK DURING THE SCHOOL YEAR. WE ALSO PROVIDE SUMMER DAY CAMPS FOR STUDENTS,AS WELL AS SELF DEFENSE CLASSES FOR WOMEN.-$119,307
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG STORMTreasurer/DiFT$39,433-$39,433
SHAWN MCELROYPresident/DiFT$36,844-$36,844
RACHEL GOWENSecretary/DiPT$4,490-$4,490
Filing and Contact Details

Filer

Filer Name
Atlanta Karate Inc
EIN
45-5366248
Phone
4046435531
Address
1230 SCARLET OAK CIRCLE, ATHENS, GA 30606

Signing Officer

Name
Shawn Mcelroy
Title
President/director
Phone
4046435531
Signed
2017-06-28
Discuss with paid preparer
Yes

Preparer

Firm
Richard a White CPA Pc
Address
2368 MAIN ST STE 4, TUCKER, GA 30084
Preparer
Richard a White CPA
Phone
7704917510
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cuong nhu of atlanta inc dojo facility rent 23,415 465 boulevard se atlanta ga 30312

Form 990-ez, Part I, Line 16

Expenses promotion 420 liability & workers insurance 2,410 bank charges 243 dues & training costs 832 office supplies 211 supplies/camp supplies 2,405 state annual registration 30 50% meals-directors mtgs 1,014 travel 217 uniforms 1,604 non-investment depreciation 76 total 9,462

Form 990-ez, Part I, Line 20

50% meals not deducted -1,014

Form 990-ez, Part II, Line 24

Donated gym equipmt-setup cost 610 610 less accumulated depreciation 343 419 total 267 191

Form 990-ez, Part III

Atlanta karate, inc. Provideds after school classes for children, summer camps for children, self defense classes for women, and martial arts classes for the local community. Atlanta karate, inc. Strives to combine fun with moral and physical fitness by building and developing self confidence, self control and a non-defeatist attitude within the individual student in a safe, educational environment.

Form 990-ez, Part III, Line 28

Atlanta karate, inc. Strives to teach students, 1st grade elementary age and older, the benefits of martial arts while instilling confidence, self control and a non-defeatisit attittude. Our program has now expanded to 8 schools and over 167 students per week during the school year. We also provide summer day camps for students,as well as self defense classes for women.

Raw XML Appendix133 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/BooksInCareOfDetail/USAddress/AddressLine1Txt01230 SCARLET OAK CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATHENS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030606
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08141
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06950
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt023415
IRS990EZ/GrossReceiptsAmt0122408
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08408
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09208
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08408
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt036844
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt139433
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt24490
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHAWN MCELROY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DOUG STORM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RACHEL GOWEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER/DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0267
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0191
IRS990EZ/OtherChangesInNetAssetsAmt0-1014
IRS990EZ/OtherExpensesTotalAmt09462
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ATLANTA KARATE, INC. PROVIDEDS AFTER SCHOOL CLASSES FOR CHILDREN, SUMMER CAMPS FOR CHILDREN, SELF DEFENSE CLASSES FOR WOMEN, AND MARTIAL ARTS CLASSES FOR THE LOCAL COMMUNITY. ATLANTA KARATE, INC. STRIVES TO COMBINE FUN WITH MORAL AND PHYSICAL FITNESS BY BUILDING AND DEVELOPING SELF CONFIDENCE, SELF CONTROL AND A NON-DEFEATIST ATTITUDE WITHIN THE INDIVIDUAL STUDENT IN A SAFE, EDUCATIONAL ENVIRONMENT.
IRS990EZ/ProgramServiceRevenueAmt0122408
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ATLANTA KARATE, INC. STRIVES TO TEACH STUDENTS, 1ST GRADE ELEMENTARY AGE AND OLDER, THE BENEFITS OF MARTIAL ARTS WHILE INSTILLING CONFIDENCE, SELF CONTROL AND A NON-DEFEATISIT ATTITTUDE. OUR PROGRAM HAS NOW EXPANDED TO 8 SCHOOLS AND OVER 167 STUDENTS PER WEEK DURING THE SCHOOL YEAR. WE ALSO PROVIDE SUMMER DAY CAMPS FOR STUDENTS,AS WELL AS SELF DEFENSE CLASSES FOR WOMEN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0119307
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt080767
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt0120594
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IRS990EZ/TotalRevenueAmt0122408
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0122408
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0122153
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0149067
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0122408
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0122408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0122153
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0108632
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0502260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CUONG NHU OF ATLANTA INC DOJO FACILITY RENT 23,415 465 BOULEVARD SE ATLANTA GA 30312
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES PROMOTION 420 LIABILITY & WORKERS INSURANCE 2,410 BANK CHARGES 243 DUES & TRAINING COSTS 832 OFFICE SUPPLIES 211 SUPPLIES/CAMP SUPPLIES 2,405 STATE ANNUAL REGISTRATION 30 50% MEALS-DIRECTORS MTGS 1,014 TRAVEL 217 UNIFORMS 1,604 NON-INVESTMENT DEPRECIATION 76 TOTAL 9,462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt250% MEALS NOT DEDUCTED -1,014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONATED GYM EQUIPMT-SETUP COST 610 610 LESS ACCUMULATED DEPRECIATION 343 419 TOTAL 267 191
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ATLANTA KARATE, INC. PROVIDEDS AFTER SCHOOL CLASSES FOR CHILDREN, SUMMER CAMPS FOR CHILDREN, SELF DEFENSE CLASSES FOR WOMEN, AND MARTIAL ARTS CLASSES FOR THE LOCAL COMMUNITY. ATLANTA KARATE, INC. STRIVES TO COMBINE FUN WITH MORAL AND PHYSICAL FITNESS BY BUILDING AND DEVELOPING SELF CONFIDENCE, SELF CONTROL AND A NON-DEFEATIST ATTITUDE WITHIN THE INDIVIDUAL STUDENT IN A SAFE, EDUCATIONAL ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ATLANTA KARATE, INC. STRIVES TO TEACH STUDENTS, 1ST GRADE ELEMENTARY AGE AND OLDER, THE BENEFITS OF MARTIAL ARTS WHILE INSTILLING CONFIDENCE, SELF CONTROL AND A NON-DEFEATISIT ATTITTUDE. OUR PROGRAM HAS NOW EXPANDED TO 8 SCHOOLS AND OVER 167 STUDENTS PER WEEK DURING THE SCHOOL YEAR. WE ALSO PROVIDE SUMMER DAY CAMPS FOR STUDENTS,AS WELL AS SELF DEFENSE CLASSES FOR WOMEN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHAWN MCELROY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04046435531
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ATLANTA KARATE INC
ReturnHeader/Filer/BusinessNameControlTxt0ATLA
ReturnHeader/Filer/EIN0455366248
ReturnHeader/Filer/PhoneNum04046435531
ReturnHeader/Filer/USAddress/AddressLine1Txt01230 SCARLET OAK CIRCLE
ReturnHeader/Filer/USAddress/CityNm0ATHENS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030606
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582114925
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICHARD A WHITE CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02368 MAIN ST STE 4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TUCKER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030084
ReturnHeader/PreparerPersonGrp/PhoneNum07704917510
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD A WHITE CPA
ReturnHeader/ReturnTs02017-07-20T16:47:30-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

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Filings