Civic Intelligence

Atlanta Karate Inc.

990EZ • Fiscal year 2021 • EIN 45-5366248

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 12, 2022

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

39th percentile

1.3%

Higher net margin than 39% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$47,200

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 76.4% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

53rd percentile

7.6%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-28%

Faster revenue growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$11,176

Up $790 (+7.6%) from 2020

Net Assets

$11,176

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$61,783

Down $24,305 (-28%) from 2020

Expenses

Down

$60,993

Down $21,655 (-26%) from 2020

Net Income

Down

$790

Down $2,650 (-77%) from 2020

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

2021

Assets$11,176
Liabilities-
Net Assets$11,176

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

2021

Revenue$61,783
Expenses$60,993
Net Income$790
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 12, 2022
Return Version
2020v4.0
Gross Receipts
$61,783
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 180 STUDENTS PER WEEK DURING THE SCHOOL YEAR. WE ALSO PROVIDE SUMMER DAY CAMPS FOR STUDENTS,AS WELL AS SELF DEFENSE CLASSES FOR WOMEN.-$58,744
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG STORMTreasurer/DiFT$47,200-$47,200
SHAWN MCELROYPresident/DiPT$5,300-$5,300
RACHEL GOWENSecretary/Di-$0--
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
Doug Storm
Title
Treasurer/director
Phone
4046435531
Signed
2022-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Kaspar & White CPA Pc
Address
2368 MAIN ST STE 4, TUCKER, GA 30084
Preparer
Kevin Kaspar CPA
Phone
7704917510
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cuong nhu of atlanta inc dojo facility rent 0 465 boulevard se atlanta ga 30312

Form 990-ez, Part I, Line 16

Expenses liability & workers insurance 1,304 bank charges 131 dues & training costs 250 supplies/camp supplies 1,655 licenses and registration 90 meals-directors mtgs 298 uniforms 1,707 postage 10 website costs 18 total 5,463

Form 990-ez, Part I, Line 20

50% MEALS NOT DEDUCTED 0

Form 990-ez, Part II, Line 24

Donated gym equipmt-setup cost 610 610 less accumulated depreciation 610 610 total 0 0

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 180 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 Appendix140 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0SHAWN MCELROY
CompensationExplanation/CompensationExplanationGrp/PersonNm1DOUG STORM
CompensationExplanation/CompensationExplanationGrp/PersonNm2RACHEL GOWEN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SHAWN MCELROY
IRS990EZ/BooksInCareOfDetail/PhoneNum04046435531
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01230 SCARLET OAK CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ATHENS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030606
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010386
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011176
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0790
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03030
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010386
IRS990EZ/Form990TotalAssetsGrp/EOYAmt011176
IRS990EZ/GrossReceiptsAmt061783
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010386
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011176
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010386
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011176
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt05300
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt147200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/OtherExpensesTotalAmt05463
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/ProgramServiceRevenueAmt061783
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 180 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/ProgramServiceExpensesAmt058744
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt052500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt060993
IRS990EZ/TotalProgramServiceExpensesAmt058744
IRS990EZ/TotalRevenueAmt061783
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt061783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt086088
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt089182
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0107580
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0122884
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0467517
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0467517
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt061783
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt086088
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt089182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0107580
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0122884
IRS990ScheduleA/Total509Grp/TotalAmt0467517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt061783
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt086088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt089182
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0107580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0122884
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0467517
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CUONG NHU OF ATLANTA INC DOJO FACILITY RENT 0 465 BOULEVARD SE ATLANTA GA 30312
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES LIABILITY & WORKERS INSURANCE 1,304 BANK CHARGES 131 DUES & TRAINING COSTS 250 SUPPLIES/CAMP SUPPLIES 1,655 LICENSES AND REGISTRATION 90 MEALS-DIRECTORS MTGS 298 UNIFORMS 1,707 POSTAGE 10 WEBSITE COSTS 18 TOTAL 5,463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt250% MEALS NOT DEDUCTED 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONATED GYM EQUIPMT-SETUP COST 610 610 LESS ACCUMULATED DEPRECIATION 610 610 TOTAL 0 0
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 180 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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG STORM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04046435531
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-12
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/PreparerFirmEIN0853658656
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KASPAR & 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/PreparationDt02022-08-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN KASPAR CPA
ReturnHeader/ReturnTs02022-08-15T18:25:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOUG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STORM
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

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