Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Reclaiming Equipping and Directing Youth Inc
990EZ • Fiscal year 2022 • EIN 72-1347243
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.08x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% 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
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Balance Sheet
Assets
Up$46,938
Up $24,330 (+108%) from 2019
Net Assets
Up$43,041
Up $21,983 (+104%) from 2019
Liabilities
Up$3,897
Up $2,347 (+151%) from 2019
Revenue And Expenses
Revenue
Down$81,261
Down $32,118 (-28%) from 2019
Expenses
Up$111,259
Up $4,658 (+4.4%) from 2019
Net Income
Down-$29,998
Down $36,776 (-543%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Mar 28, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $81,261
Mission and Program Overview
Mission
YOUTH EQUIPPING
R.e.a.d.y. Taekwondo is preparing young people for the challenges they will face and for the skills they will need to overcome. R.e.a.d.y. Stands for reclaiming equipping and directing youth.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| R.E.A.D.Y. TAEKWONDO IS PREPARING YOUNG PEOPLE FOR THE CHALLENGES THEY WILL FACE AND FOR THE SKILLS THEY WILL NEED TO OVERCOME. R.E.A.D.Y. STANDS FOR RECLAIMING EQUIPPING AND DIRECTING YOUTH. | - | $109,067 |
| R.E.A.D.Y. TAEKWONDO IS PREPARING YOUNG PEOPLE FOR THE CHALLENGES THEY WILL FACE AND FOR THE SKILLS THEY WILL NEED TO OVERCOME. R.E.A.D.Y. STANDS FOR RECLAIMING EQUIPPING AND DIRECTING YOUTH. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ALVIN SMITH | Alvin Smith | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Reclaiming Equipping and Directing
- EIN
- 72-1347243
- Phone
- 2693252930
- Address
- 1968 PIPESTONE RD, BENTON HARBOR, MI 49022
Signing Officer
- Name
- Alvin Smith
- Title
- Alvin Smith
- Phone
- 2693252930
- Signed
- 2023-03-28
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Andrews Tax X Accounting
- Address
- 18 N 4TH ST, NILES, MI 49120-2603
- Preparer
- Keith Andrews CPA
- Phone
- 2696832829
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Taekwondo instruction property insurance 2,457 liability insurance 741 martial arts supplies 4,465 telephone 776 postage 22 bank charges 160 quickbooks payment fees 1,475 total 10,096”
Form 990-ez, Part II, Line 24
“Accounts receivable 6,247 3,631 other loans receivable 0 24,132 furniture & equipment 0 5,100 less accumulated depreciation 0 5,100 total 6,247 27,763”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 3,897”
Form 990-ez, Part III
“R.e.a.d.y. Taekwondo is preparing young people for the challenges they will face and for the skills they will need to overcome. R.e.a.d.y. Stands for reclaiming equipping and directing youth.”
Form 990-ez, Part III, Line 31
“R.e.a.d.y. Taekwondo is preparing young people for the challenges they will face and for the skills they will need to overcome. R.e.a.d.y. Stands for reclaiming equipping and directing youth.”
Raw XML Appendix124 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/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ALVIN SMITH |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2693252930 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1968 PIPESTONE RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BENTON HARBOR |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49022 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 66792 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 19175 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 18333 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -29998 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 13485 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 73039 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 46938 |
| IRS990EZ/GrossReceiptsAmt | 0 | 81261 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 73039 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 43041 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 73039 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 43041 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 32367 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ALVIN SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | ALVIN SMITH |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 6247 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 27763 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10096 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | R.E.A.D.Y. TAEKWONDO IS PREPARING YOUNG PEOPLE FOR THE CHALLENGES THEY WILL FACE AND FOR THE SKILLS THEY WILL NEED TO OVERCOME. R.E.A.D.Y. STANDS FOR RECLAIMING EQUIPPING AND DIRECTING YOUTH. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 62928 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | R.E.A.D.Y. TAEKWONDO IS PREPARING YOUNG PEOPLE FOR THE CHALLENGES THEY WILL FACE AND FOR THE SKILLS THEY WILL NEED TO OVERCOME. R.E.A.D.Y. STANDS FOR RECLAIMING EQUIPPING AND DIRECTING YOUTH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | R.E.A.D.Y. TAEKWONDO IS PREPARING YOUNG PEOPLE FOR THE CHALLENGES THEY WILL FACE AND FOR THE SKILLS THEY WILL NEED TO OVERCOME. R.E.A.D.Y. STANDS FOR RECLAIMING EQUIPPING AND DIRECTING YOUTH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 109067 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 55311 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3897 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 111259 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 109067 |
| IRS990EZ/TotalRevenueAmt | 0 | 81261 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 18333 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 18333 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 62928 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 62928 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 81261 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 81261 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 81261 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 81261 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 81261 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TAEKWONDO INSTRUCTION PROPERTY INSURANCE 2,457 LIABILITY INSURANCE 741 MARTIAL ARTS SUPPLIES 4,465 TELEPHONE 776 POSTAGE 22 BANK CHARGES 160 QUICKBOOKS PAYMENT FEES 1,475 TOTAL 10,096 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 6,247 3,631 OTHER LOANS RECEIVABLE 0 24,132 FURNITURE & EQUIPMENT 0 5,100 LESS ACCUMULATED DEPRECIATION 0 5,100 TOTAL 6,247 27,763 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 3,897 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | R.E.A.D.Y. TAEKWONDO IS PREPARING YOUNG PEOPLE FOR THE CHALLENGES THEY WILL FACE AND FOR THE SKILLS THEY WILL NEED TO OVERCOME. R.E.A.D.Y. STANDS FOR RECLAIMING EQUIPPING AND DIRECTING YOUTH. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | R.E.A.D.Y. TAEKWONDO IS PREPARING YOUNG PEOPLE FOR THE CHALLENGES THEY WILL FACE AND FOR THE SKILLS THEY WILL NEED TO OVERCOME. R.E.A.D.Y. STANDS FOR RECLAIMING EQUIPPING AND DIRECTING YOUTH. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALVIN SMITH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ALVIN SMITH |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2693252930 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-03-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RECLAIMING EQUIPPING AND DIRECTING |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | YOUTH INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RECL |
| ReturnHeader/Filer/EIN | 0 | 721347243 |
| ReturnHeader/Filer/PhoneNum | 0 | 2693252930 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1968 PIPESTONE RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BENTON HARBOR |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49022 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 371442705 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ANDREWS TAX X ACCOUNTING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 18 N 4TH ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NILES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 491202603 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2696832829 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-03-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KEITH ANDREWS CPA |
| ReturnHeader/ReturnTs | 0 | 2023-04-18T16:59:07-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ALVIN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SMITH |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $46,938
- Liabilities
- $3,897
- Net assets
- $43,041
- Revenue
- $81,261
- Expenses
- $111,259
- Net income
- -$29,998