Civic Intelligence

Karate Five Association Inc.

990EZ • Fiscal year 2024 • EIN 82-5372906

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 24, 2025

Organization Profile
8503 Sunrise RoadCorryton, TN 37721

(865) 719-3869

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

14th percentile

-32%

Higher net margin than 14% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$3,800

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

5th percentile

-83%

Faster asset growth than 5% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-38%

Faster revenue growth than 15% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$12,616

Down $61,769 (-83%) from 2023

Net Assets

Down

$11,990

Down $17,095 (-59%) from 2023

Liabilities

Down

$300

Down $45,000 (-99%) from 2023

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin14th percentile

Revenue

Down

$53,954

Down $33,468 (-38%) from 2023

Expenses

Down

$71,049

Down $21,685 (-23%) from 2023

Net Income

Down

-$17,095

Down $11,783 (-222%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$80K$60K$40K$20K$0Assets 2021: $36,892Liabilities 2021: $0Net Assets 2021: $36,8922021Assets 2022: $67,332Liabilities 2022: $45,300Net Assets 2022: $22,0322022Assets 2023: $74,385Liabilities 2023: $45,300Net Assets 2023: $29,0852023Assets 2024: $12,616Liabilities 2024: $300Net Assets 2024: $11,9902024Assets 2025: $9,371Liabilities 2025: $0Net Assets 2025: $12,1712025

Highlighted filing

2024

Assets$12,616
Liabilities$300
Net Assets$11,990
Open 2024 Filing

Operations Trend

Revenue Growth15th percentile

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

$100K$50K$0-$50KRevenue 2021: $64,162Expenses 2021: $31,657Net Income 2021: $32,5052021Revenue 2022: $85,656Expenses 2022: $96,693Net Income 2022: -$11,0372022Revenue 2023: $87,422Expenses 2023: $92,734Net Income 2023: -$5,3122023Revenue 2024: $53,954Expenses 2024: $71,049Net Income 2024: -$17,0952024Revenue 2025: $43,150Expenses 2025: $43,295Net Income 2025: -$1452025

Highlighted filing

2024

Revenue$53,954
Expenses$71,049
Net Income-$17,095
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 24, 2025
Return Version
2024v5.0
Gross Receipts
$53,954
Mission and Program Overview

Mission

Martial arts training outreach profgrams to students

Martial arts training outreach programs to students

Program Services

DescriptionGrantsExpenses
LAWSOND FD-$15,842
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIE G WILSONPresidentFT$3,800-$3,800
MARLENA BEALSecretaryPT$1,275-$1,275
Filing and Contact Details

Filer

Filer Name
Karate Five Association Inc
EIN
82-5372906
In Care Of
% WILLIE G WILSON
Phone
8657193869
Address
8503 SUNRISE ROAD, Corryton, TN 37721

Signing Officer

Name
Willie G Wilson
Title
President
Phone
8657193869
Signed
2025-03-24
Discuss with paid preparer
Yes

Preparer

Firm
Accounts Plus Bus Solutions Inc
Address
PO BOX 371, ALCOA, TN 37701
Preparer
Frances S Stricklin
Phone
8652811722
Supplemental Narrative

Additional Explanations

Part I Line 10

“Grants and other assistance to domestic individuals $50525.00”

Part I Line 16

“Other office expenses $1226.00”

Part I Line 16

“Travel $6384.00”

Part I Line 16

“Reimbursement expenses $794.00”

Part I Line 16

“Organization expenses $2561.00”

Part I Line 16

“Donations/gifts/flowers $1896.00”

Part I Line 16

“Tournament expenses $2588.00”

Part II Line 26

“Accounts payable and accrued expenses. Beginning:$45300.00 Ending: $300.00”

Raw XML Appendix147 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/PersonNm0WILLIE G WILSON
CompensationExplanation/CompensationExplanationGrp/PersonNm1MARLENA BEAL
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0DIRECTOR/OFFICER - SUPERVISE ADMINISTRATION, SCHEDULING, TOURNAMENTS AND DONATIONS
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1SECRETARY DUTIES, ASSIST IN APPLYING FOR GRANTS, ASSISTANCE IN MAINTAINING PAPERWORK
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0WILLIE G WILSON
IRS990EZ/BooksInCareOfDetail/PhoneNum08657193869
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08503 SUNRISE ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CORRYTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037721
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt074385
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012616
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt048509
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-17095
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt074385
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012616
IRS990EZ/GrantsAndSimilarAmountsPaidAmt050525
IRS990EZ/GrossReceiptsAmt053954
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt05445
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt029085
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011990
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt029085
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt012316
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt03800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11275
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIE G WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARLENA BEAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt015449
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MARTIAL ARTS TRAINING OUTREACH PROGRAMS TO STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LAWSOND FD
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015842
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05075
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt045300
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0300
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt071049
IRS990EZ/TotalProgramServiceExpensesAmt015842
IRS990EZ/TotalRevenueAmt053954
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053954
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt085656
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt064162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt010284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0301478
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0301478
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053954
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt087422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt085656
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt064162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt010284
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0301478
IRS990ScheduleA/TotalSupportAmt0301478
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants and other assistance to domestic individuals $50525.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $1226.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $6384.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REIMBURSEMENT EXPENSES $794.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION EXPENSES $2561.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DONATIONS/GIFTS/FLOWERS $1896.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TOURNAMENT EXPENSES $2588.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts payable and accrued expenses. Beginning:$45300.00 Ending: $300.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part II Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIE G WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08657193869
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KARATE FIVE ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KARA
ReturnHeader/Filer/EIN0825372906
ReturnHeader/Filer/InCareOfNm0% WILLIE G WILSON
ReturnHeader/Filer/PhoneNum08657193869
ReturnHeader/Filer/USAddress/AddressLine1Txt08503 SUNRISE ROAD
ReturnHeader/Filer/USAddress/CityNm0Corryton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037721
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0921027012
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ACCOUNTS PLUS BUS SOLUTIONS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 371
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALCOA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037701
ReturnHeader/PreparerPersonGrp/PhoneNum08652811722
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCES S STRICKLIN
ReturnHeader/ReturnTs02025-03-24T14:43:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,616
Liabilities
$300
Net assets
$11,990
Revenue
$53,954
Expenses
$71,049
Net income
-$17,095
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.37$0.00$12.2$43.2$43.3$0.15
2024Detailed filing. Detailed filing data is available for this year.$12.6$0.30$12.0$54.0$71.0$17.1
2023Detailed filing. Detailed filing data is available for this year.$74.4$45.3$29.1$87.4$92.7$5.31
2022Detailed filing. Detailed filing data is available for this year.$67.3$45.3$22.0$85.7$96.7$11.0
2021Detailed filing. Detailed filing data is available for this year.$36.9$0.00$36.9$64.2$31.7$32.5