Civic Intelligence

Budo Accelerator Inc.

990EZ • Fiscal year 2022 • EIN 84-3025305

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 30, 2023

17777 Main Street Suite GIrvine, CA 92614

(949) 610-6908

Siviq Scores

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

Liabilities / Assets

91st percentile

0.62x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.28x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

16th percentile

-27%

Higher net margin than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

98th percentile

$109,292

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 80.8% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

13th percentile

-37%

Faster asset growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-35%

Faster revenue growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$61,365

Down $36,195 (-37%) from 2021

Net Assets

Down

$23,524

Down $36,045 (-61%) from 2021

Liabilities

Down

$37,841

Down $150 (-0.4%) from 2021

Revenue

Down

$135,277

Down $71,513 (-35%) from 2021

Expenses

Up

$171,322

Up $30,699 (+22%) from 2021

Net Income

Down

-$36,045

Down $102,212 (-154%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2020: $31,393Liabilities 2020: $37,9112020Assets 2021: $97,560Liabilities 2021: $37,991Net Assets 2021: $59,5692021Assets 2022: $61,365Liabilities 2022: $37,841Net Assets 2022: $23,5242022Assets 2023: $38,033Liabilities 2023: $36,941Net Assets 2023: $1,0922023Assets 2024: $41,923Liabilities 2024: $36,041Net Assets 2024: $5,8822024

Highlighted filing

2022

Assets$61,365
Liabilities$37,841
Net Assets$23,524

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $112,316Expenses 2020: $118,939Net Income 2020: -$6,6232020Revenue 2021: $206,790Expenses 2021: $140,623Net Income 2021: $66,1672021Revenue 2022: $135,277Expenses 2022: $171,322Net Income 2022: -$36,0452022Revenue 2023: $121,986Expenses 2023: $144,418Net Income 2023: -$22,4322023Revenue 2024: $224,502Expenses 2024: $219,712Net Income 2024: $4,7902024

Highlighted filing

2022

Revenue$135,277
Expenses$171,322
Net Income-$36,045
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 30, 2023
Return Version
2022v5.0
Gross Receipts
$135,277
Mission and Program Overview

Mission

Budo Accelerator's mission is to transform lives through the power of martial arts. The program focuses on high-school students and first-generation college students and emphasize the development of leadership skills and empower students to succeed academically, socially and professionally.

Leadership development for youth through martial arts.

Program Services

DescriptionGrantsExpenses
Leadership development for youth through martial arts. We ran programs for over 300 high school and college students in 2022. Students developed leadership skills, built friendships, developed a sense of belonging through community, gained valuable career readiness skills, and built social capital that can provide expanded horizons and future professional opportunities$0$111,361
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josh GoldChief Executive Officer And Board DirectorFT$105,228$4,064$109,292
Mark TercekBoard Director And Chair-$0--
Ellis AmdurBoard Director And Secretary-$0--
Setsuko OkumuraProgram Operations DirectorPT$0--
Adrianne WonnacottBoard Director And Treasurer-$0--
LaTonya Rease MilesBoard Director-$0--
Filing and Contact Details

Filer

Filer Name
Budo Accelerator Inc
EIN
84-3025305
Phone
9496106908
Address
17777 Main Street Suite G, Irvine, CA 92614

Signing Officer

Name
Josh Gold
Title
CEO
Phone
9496106908
Signed
2023-03-30
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Advertising & Marketing;4227|Bank Charges & Fees;244|Insurance;5702|Legal;71|Meals & Entertainment;7067|Office Supplies & Software;1154|Other Business Expenses;4000|Payroll Processing Fees;982|Professional Development / Training;1305|Program Supplies;1630|Program Transportation Fees;4070|Subscription Services;2596|Taxes & Licenses;75|Travel;14440^Total;47563^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^PPP Loan;16372|SBA Loan;21469^Total;37841^

Raw XML Appendix205 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/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Director and Secretary
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Director and Treasurer
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Advertising & Marketing;4227|Bank Charges & Fees;244|Insurance;5702|Legal;71|Meals & Entertainment;7067|Office Supplies & Software;1154|Other Business Expenses;4000|Payroll Processing Fees;982|Professional Development / Training;1305|Program Supplies;1630|Program Transportation Fees;4070|Subscription Services;2596|Taxes & Licenses;75|Travel;14440^Total;47563^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^PPP Loan;16372|SBA Loan;21469^Total;37841^
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum09496106908
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-30
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ReturnHeader/Filer/EIN0843025305
ReturnHeader/Filer/PhoneNum09496106908
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ReturnHeader/Filer/USAddress/ZIPCd092614
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-03-30T17:43:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings