American Japan Karate Association Inc

Nonprofit profile at a glance

EIN
113683563
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
2127995500
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$75,501
Expenses
$57,940
Assets
$88,089
Liabilities
$313

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • ANTHONY DECAPRIO (President)

People named in this filing

  • NORIKO FURUHATA (Director)
  • CAREN HELLER (Director)
  • PETE ERFANI (Treasurer(2024))

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Encourage the physical, moral and spiritual development of members through martial arts practice, tournaments and training camps. The credo of the organization is to seek perfection of character, be faithful, endeavor, respect others and refrain from violent behavior.

What it reported doing in 2024

Through regular classes, American Japan Karate Association, Inc. provides karate instruction to all-comers. The goals of training include not only physical fitness but also mental fortitude and respect for others. They have roughly 50 active members in any given year. Additional activities include seasonal training seminars and a regional tournament. The largest seasonal training seminar is their annual international summer camp, where approximately 120 global participants train under their permanent instructors and guest instructors from around the world. The regional tournament occurs twice per year and has anywhere from 30 to 120 participants.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 82
  • Sustainability: 58
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.2%; rating input score 66
  • Program expense ratio: 86.2%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 23.3%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 1.52; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 9.6%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -7.8% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -7.2% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -6.7% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 66.2% of revenue deployed · 86.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $50K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.