808 Taekwondo

Nonprofit profile at a glance

EIN
821367547
IRS 990-EZ coverage
2017–2021
Forms available
Form 990-EZ 2021
Location
Waipahu, HI, USA
Phone
8083757727
Rating confidence
Limited
Sector
Sports Associations &Training Facilities

Reported finances

Revenue
$0
Expenses
$3,203
Assets
$4,260
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • Joshua Guy (President/Treasurer)

People named in this filing

  • Joshua Guy (President/Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Incorporate the mind and body to provide the template for students to achieve their best inside and outside of training.

What it reported doing in 2021

MEMBERSHIP: The Organization holds weekly Taekwondo training sessions twice a week for families and students of all ages. There are two sessions, one for beginners and one for more advanced students. There are (2) types of memberships available. First, are Free Memberships, which allow students to learn the basics of Taekwondo and become familiar with the various aspects of the martial art and sport. Second, are Paid Memberships which allow members to travel to test for higher belts, spar and compete in tournaments, participate in movie nights, various gatherings, and other various events. Paid Memberships require a fee because all aspects of this membership cost our organization money which we aren't able to cover 100% of the costs. Having dedicated members allows our organization to develop strong bonds with our members, family, and friends. Having this bond helps achieve our mission by ensuring and holding accountable everyone to a high standard inside and outside of the classroom. We were able to have 5 scholarship students this year who are able to receive full training free of charge. Associated Fees: $4366.23

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 1.33; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -60.6% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -32.8% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -19.4% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2017 to 2021
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.