Overview
What is American Tae Kwon Do United Inc?
American Tae Kwon Do United Inc is a nonprofit organization dedicated to promoting and celebrating the principles of Tae Kwon Do. Their primary mission is to organize and host Tae Kwon Do tournaments and events for its members, thereby demonstrating and showcasing the value and philosophy of this martial art.
Official website here: www.atu.bz
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
American Tae Kwon Do United Inc has received a One-Star rating due to its overall score of 56%. This rating reflects significant shortcomings in the areas of accountability and financial management. Notably, the organization has a completely non-independent board, which raises concerns about governance. While it demonstrates a strong program expense ratio of 78.63%, the absence of crucial policies such as a conflict of interest policy and whistleblower policy has negatively impacted its accountability score.
The organization does exhibit strengths, particularly in its financial health, shown by a liabilities to assets ratio of 0.00%, indicating that it is not burdened by debt. Additionally, it maintains transparency by listing its website on its tax form and providing meeting minutes for board meetings. These aspects can instill a degree of trust in its operational integrity despite the governance issues.
However, the missing policies for conflict of interest and whistleblower protections highlight serious governance gaps that could affect the organization's credibility and effectiveness. Prospective donors and stakeholders should consider these factors when evaluating their support for American Tae Kwon Do United Inc.
This AI summary has been generated from information found on Charity Navigator.
Is American Tae Kwon Do United Inc legitimate?
American Tae Kwon Do United Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Tae Kwon Do United Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.atu.bz
What is the mission statement of American Tae Kwon Do United Inc?
American Tae Kwon Do United Inc's mission is centered around promoting and upholding the values and philosophy of Tae Kwon Do. They achieve this by organizing and offering Tae Kwon Do tournaments and events to its members, serving as a platform for demonstrating and experiencing this martial art. The organization's primary goal is to engage its members in the cultural and physical aspects of Tae Kwon Do, fostering a sense of community and shared passion for the discipline.
Official website here: www.atu.bz
Who is the CEO of American Tae Kwon Do United Inc?
Jae Yong Ro is the President of American Tae Kwon Do United Inc.
Official website here: www.atu.bz
What is the revenue of American Tae Kwon Do United Inc?
American Tae Kwon Do United Inc's revenue in 2021 was $165,361.
Official website here: www.atu.bz
Who are the executives of American Tae Kwon Do United Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.atu.bz
Where can I find the form 990 for American Tae Kwon Do United Inc?
American Tae Kwon Do United Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.atu.bz
Learn more at the official website: www.atu.bz
Mission Statement of American Tae Kwon Do United Inc
American Tae Kwon Do United Inc, as its mission states, is committed to promoting and demonstrating the value and philosophy of Tae Kwon Do. The organization achieves this by organizing and providing Tae Kwon Do tournaments and events for its members. By doing so, it aims to share the essence of Tae Kwon Do with its members, fostering a sense of community and shared purpose. Through these events, American Tae Kwon Do United Inc seeks to engage its members in the practice and appreciation of Tae Kwon Do, reinforcing its core principles and promoting personal growth and development.
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Impact
October, 2024
American Tae Kwon Do United Inc impacts the community by promoting the values and philosophy of Tae Kwon Do through various tournaments and events. By organizing these activities, they foster a sense of discipline, respect, and personal growth among practitioners. Their efforts provide an avenue for individuals to engage in physical fitness, build confidence, and develop lifelong skills within a supportive environment. The organization enriches the local culture by bringing together martial arts enthusiasts and supporting their growth through education and competitive opportunities. Ultimately, American Tae Kwon Do United Inc contributes to the well-being of its members and the broader community in Waxhaw, NC.
This information is meant to be a general summary of American Tae Kwon Do United Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Program Service Revenue: $165,361
- Gross Receipts: $165,361
Assets and Liabilities:
- Total Assets: $64,970
- Total Liabilities: $0
- Net Assets: $64,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ONLINE POOMSAE TOURNAMENT
Revenue
$4,134
NATIONAL CHAMPIONSHIP
Revenue
$161,227
Organization Details
Founding Year
2008
Phone
(470) 304-4151Principal Officer
Jae Yong Ro
Main Address
c/o 7807 MONTANE RUN CT, Waxhaw, NC, 28173
Website
www.atu.bzNTEE Category
Code: B90 - Education
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