Shotokan Karate-do International Federation-USA Inc
Nonprofit profile at a glance
- EIN
- 611442663
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Granada Hills, CA, USA
- Phone
- 6127998464
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $27,933
- Expenses
- $25,757
- Assets
- $40,896
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JAMES SHEA (PRESIDENT)
People named in this filing
- RUBEN FONG (SECRETARY)
- MIKE COOK (DIRECTOR)
- CHRIS JOHNSON (GENERAL SECR)
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
To promote the growth and development of shotokan karate-do in the united states of america pursuant to the goals, objectives, and rules of shotokan karate-do international federation (skif) of japan.
What it reported doing in 2024
Continued to develop and update the website with organizational and training information. Published national newsletter. Created the following outreach programs for our membership: 1) kanazawa week: a week in which dojos create and execute "give back to the community" events. It also includes events that reach out to other shotokan karate groups and organizations to come together and share the training spirit. This will be an annual event. Benefited approximately 250 people. 2) skif-USA hall of fame: created to honor those who have contributed to the growth of skif-USA and skif international. Benefited approximately 100 people. We redirected our outreach to the following events: 1) cross dojo training zoom classes. Hosted monthly, two-hour training sessions for our membership via zoom. We had our high ranking instructors from across the country conduct these seminars. Benefited approximately 400 people. 2) hosted four zoom seminars with skif instructors from our japanese ghq. Benefited approximately 300 people. 3) hosted two zoom instructor's training seminars with skif instructors from our japanese ghq. Benefited approximately 30 people.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program revenue.
- 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 - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.9%; rating input score 47
- Program expense ratio: 50.9%; rating input score 51
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.8%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 1.59; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -12.1% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -5.8% per year; rating input score 0; 32nd percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 46.9% of revenue deployed · 50.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.