Overview
What is New York State Tae Kwon Do Federation Inc?
New York State Tae Kwon Do Federation Inc, located at 9 Edgewood Gate, Pplainview, New York, is a nonprofit organization dedicated to fostering athletic talent and nurturing potential Olympians and world champions in Tae Kwon Do. Their primary mission revolves around supporting the sport, with a vision of producing future champions on a global scale. The organization's activities and mission remain focused on this goal, providing a central platform for the growth and development of Tae Kwon Do athletes in New York State.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating.
The New York State Tae Kwon Do Federation Inc has received a mixed rating with a score of 63%, indicating some strengths in its financial management and accountability. The organization boasts a fully independent board, scoring 10 out of 10 for this aspect, and demonstrates proper documentation of board meeting minutes, which adds to its transparency.
Financially, the federation shows a promising program expense ratio of 89.79%, meaning a significant portion of its funds is directed toward program activities. Additionally, it has a low liabilities to assets ratio, further emphasizing sound financial health. However, the overall rating reflects some room for improvement in its accountability and financial practices to enhance its overall effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is New York State Tae Kwon Do Federation Inc legitimate?
New York State Tae Kwon Do Federation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York State Tae Kwon Do Federation 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
What is the mission statement of New York State Tae Kwon Do Federation Inc?
The New York State Tae Kwon Do Federation Inc is committed to supporting athletics with the ultimate goal of nurturing future Olympic champions and world title holders. Their mission is centered around fostering the skills and potential of individuals in Tae Kwon Do, aiming to produce athletes who excel on a global stage. By providing necessary resources and opportunities, the Federation aims to contribute to the development of talented Tae Kwon Do athletes.
Who is the CEO of New York State Tae Kwon Do Federation Inc?
Joseph Froman is the Director of New York State Tae Kwon Do Federation Inc.
What is the revenue of New York State Tae Kwon Do Federation Inc?
New York State Tae Kwon Do Federation Inc's revenue in 2022 was $37,056.
Who are the executives of New York State Tae Kwon Do Federation Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New York State Tae Kwon Do Federation Inc?
New York State Tae Kwon Do Federation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New York State Tae Kwon Do Federation Inc
The New York State Tae Kwon Do Federation Inc is dedicated to supporting athletics with a vision to nurture future Olympic champions and world title holders. This nonprofit organization's mission is geared towards fostering the growth and development of Tae Kwon Do athletes, aiming to create a pool of talented individuals who can represent their country on the international stage. By offering resources and opportunities, the New York State Tae Kwon Do Federation Inc strives to empower aspiring athletes and help them reach their full potential in the sport.
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Impact
August, 2024
The New York State Tae Kwon Do Federation Inc has a significant impact on the athletic community by supporting athletes to become future Olympians and world champions. Their mission is dedicated to nurturing talent and providing opportunities for individuals to excel in the sport of Tae Kwon Do. Through their activities and programs, they contribute to the development of skilled athletes who may go on to represent their country on the international stage. Their efforts help shape the next generation of elite competitors in the sport.
This information is meant to be a general summary of New York State Tae Kwon Do Federation 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 2022.
- Program Service Revenue: $37,056
- Gross Receipts: $37,056
Assets and Liabilities:
- Total Assets: $21,406
- Total Liabilities: $324
- Net Assets: $21,082
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$37,056
Organization Details
Founding Year
2010
Phone
(917) 254-9416Principal Officer
Joseph Froman
Main Address
9 EDGEWOOD GATE, PLAINVIEW, NY, 11803
NTEE Category
Code: N70 - Recreation
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