Civic Intelligence

New Mexico Karate Association Inc

EIN 85-0415080 • 501(c)7 • Albuquerque, NM

Profile

Karate Club

6501 Eagle Rock Ave NE A-1Albuquerque, NM 87113

www.stancefinder.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

2.93x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

0.93x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

92nd percentile

58%

Faster asset growth than 92% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

50%

Faster revenue growth than 91% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$35,149

Up $12,902 (+58%) from 2023

Liabilities

Up

$103,000

Up $30,000 (+41%) from 2023

Net Assets

Down

-$67,851

Down $17,098 (-34%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin70th percentile

Revenue

Up

$110,350

Up $36,730 (+50%) from 2023

Expenses

Up

$97,448

Up $25,319 (+35%) from 2023

Net Income

Up

$12,902

Up $11,411 (+765%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50K-$100KAssets 2011: $19,436Liabilities 2011: $02011Assets 2012: $26,681Liabilities 2012: $02012Assets 2013: $22,513Liabilities 2013: $02013Assets 2014: $31,673Liabilities 2014: $02014Assets 2015: $32,515Liabilities 2015: $02015Assets 2016: $16,548Liabilities 2016: $02016Assets 2017: $4,847Liabilities 2017: $02017Assets 2018: $25,373Liabilities 2018: $20,0002018Assets 2019: $28,262Liabilities 2019: $20,0002019Assets 2020: $21,996Liabilities 2020: $29,0002020Assets 2021: $16,538Liabilities 2021: $39,000Net Assets 2021: -$22,4622021Assets 2022: $20,756Liabilities 2022: $58,000Net Assets 2022: -$37,2442022Assets 2023: $22,247Liabilities 2023: $73,000Net Assets 2023: -$50,7532023Assets 2024: $35,149Liabilities 2024: $103,000Net Assets 2024: -$67,8512024

Highlighted filing

2024

Assets$35,149
Liabilities$103,000
Net Assets-$67,851
Open 2024 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $150,975Expenses 2011: $141,662Net Income 2011: $9,3132011Revenue 2012: $123,505Expenses 2012: $116,259Net Income 2012: $7,2462012Revenue 2013: $123,265Expenses 2013: $127,433Net Income 2013: -$4,1682013Revenue 2014: $73,687Expenses 2014: $64,527Net Income 2014: $9,1602014Revenue 2015: $90,961Expenses 2015: $90,119Net Income 2015: $8422015Revenue 2016: $74,612Expenses 2016: $90,669Net Income 2016: -$16,0572016Revenue 2017: $88,953Expenses 2017: $100,564Net Income 2017: -$11,6112017Revenue 2018: $124,469Expenses 2018: $103,943Net Income 2018: $20,5262018Revenue 2019: $114,283Expenses 2019: $111,394Net Income 2019: $2,8892019Revenue 2020: $66,715Expenses 2020: $72,981Net Income 2020: -$6,2662020Revenue 2021: $74,211Expenses 2021: $79,669Net Income 2021: -$5,4582021Revenue 2022: $75,687Expenses 2022: $71,469Net Income 2022: $4,2182022Revenue 2023: $73,620Expenses 2023: $72,129Net Income 2023: $1,4912023Revenue 2024: $110,350Expenses 2024: $97,448Net Income 2024: $12,9022024

Highlighted filing

2024

Revenue$110,350
Expenses$97,448
Net Income$12,902
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$35,149
Liabilities
$103,000
Net assets
-$67,851
Revenue
$110,350
Expenses
$97,448
Net income
$12,902
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$1.03$0.68$1.10$0.97$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.73$0.51$0.74$0.72$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.58$0.37$0.76$0.71$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.39$0.22$0.74$0.80$0.05
2020Summary only. Only limited summary data is available for this year.$0.22$0.29$0.67$0.73$0.06
2019Summary only. Only limited summary data is available for this year.$0.28$0.20$1.14$1.11$0.03
2018Summary only. Only limited summary data is available for this year.$0.25$0.20$1.24$1.04$0.21
2017Summary only. Only limited summary data is available for this year.$0.05$0.00$0.89$1.01$0.12
2016Summary only. Only limited summary data is available for this year.$0.17$0.00$0.75$0.91$0.16
2015Summary only. Only limited summary data is available for this year.$0.33$0.00$0.91$0.90$0.01
2014Summary only. Only limited summary data is available for this year.$0.32$0.00$0.74$0.65$0.09
2013Summary only. Only limited summary data is available for this year.$0.23$0.00$1.23$1.27$0.04
2012Summary only. Only limited summary data is available for this year.$0.27$0.00$1.24$1.16$0.07
2011Summary only. Only limited summary data is available for this year.$0.19$0.00$1.51$1.42$0.09
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 25, 2022
Return Version
2021v4.0
Gross Receipts
$74,211
Mission and Program Overview

Mission

Karate Club

Program Services

DescriptionGrantsExpenses
Training in traditional JKA style karate, organization of dojo tournaments, participation in regional and national camps, examination for ranking and qualifications, instructor training.$0$79,669
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yasuaki NagatomoChief InstructorFT$20,000-$20,000
Jeffrey SollinsPresident, Director-$0--
Albert ThielTreasurer, Director-$0--
Richard AlbertiSecretary, Director-$0--
Filing and Contact Details

Filer

Filer Name
New Mexico Karate Association Inc
EIN
85-0415080
Phone
5052560700
Address
6501 Eagle Rock Ave NE A-1, Albuquerque, NM 87113

Signing Officer

Name
Albert Thiel
Title
Treasurer/Director
Phone
5058425602
Signed
2022-04-25
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“JKA Camp travel expenses”

Form 990-EZ, Part I, Line 20

“unpaid salary to chief instructor”

Form 990-EZ, Part II, Line 26

“unpaid chief instructor compensation including prior years”

Raw XML Appendix131 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Yasuaki Nagatomo
IRS990EZ/BooksInCareOfDetail/PhoneNum05052560700
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06501 Eagle Rock Ave NE A-1
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Albuquerque
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd087113
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt021996
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016538
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5458
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021996
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016538
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt074211
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt011
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt062269
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-7004
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-22462
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-7004
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-22462
IRS990EZ/OccupancyRentUtltsAndMaintAmt050395
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.1
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt340
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt320000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jeffrey Sollins
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Albert Thiel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Richard Alberti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Yasuaki Nagatomo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President, Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer, Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary, Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Chief Instructor
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-10000
IRS990EZ/OtherExpensesTotalAmt02489
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Karate Club
IRS990EZ/PrintingPublicationsPostageAmt0699
IRS990EZ/ProgramServiceRevenueAmt011931
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Training in traditional JKA style karate, organization of dojo tournaments, participation in regional and national camps, examination for ranking and qualifications, instructor training.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt079669
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt026086
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt029000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt039000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt079669
IRS990EZ/TotalProgramServiceExpensesAmt079669
IRS990EZ/TotalRevenueAmt074211
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.stancefinder.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JKA Camp travel expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1unpaid salary to chief instructor
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2unpaid chief instructor compensation including prior years
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0A paper return was filed 4/25/22 . Today we realized that there was a change and we may have been required to file electronically. The information is the same
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Albert Thiel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer/Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05058425602
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW MEXICO KARATE ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWM
ReturnHeader/Filer/EIN0850415080
ReturnHeader/Filer/PhoneNum05052560700
ReturnHeader/Filer/USAddress/AddressLine1Txt06501 Eagle Rock Ave NE A-1
ReturnHeader/Filer/USAddress/CityNm0Albuquerque
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087113
ReturnHeader/ReturnTs02022-06-12T12:46:10-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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