New York Metropolitan Martial Arts Foundation Inc

Nonprofit profile at a glance

EIN
113342896
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Belle Harbor, NY, USA
Phone
7189451618
Rating confidence
Limited
Sector
Youth Centers, Clubs

Reported finances

Assets
$142
Liabilities
$2,062

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

Leadership & pay

2 people listed

Executive titles in this filing

  • BRUCE HODES (PRESIDENT)

People named in this filing

  • BRUCE HODES (PRESIDENT)
  • JAMIE HODES (V-P/TREASURE)

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

Teach/promote karate, motivation & discipline

What it reported doing in 2024

Teach & install discipline in karate techniques for under-priveleged children in studio and measure progress in attending tournaments for appox. 20-30 students that qualify for the program based on need & willingness to persevere in mastering the art of karate. There have been no programs offered since 2020 due to the pandemic and studio re-location.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 0
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 14.52; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -42.1% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -40.7% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -22% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Liabilities to assets ratio scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.