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Gold Medal Karate Inc

Zhang Sah

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 233017858 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Gold Medal Karate Inc?

Gold Medal Karate Inc, also known as Zhang Sah, is an independent nonprofit organization located in Philadelphia, Pennsylvania. Established with a mission to educate, strengthen minds, and promote character development, it offers multidisciplinary martial arts programs. The organization provides physical and mental health support to its members, teaching resilience, discovery, and black-belt training. Additionally, it offers age-appropriate martial arts training, character education, and scientific and philosophical teaching. Gold Medal Karate Inc also supports working families by providing structured programs for children, youth, and adults, fostering educational development. As a PHEAA off-campus work-study provider, it offers part-time paid work and career building support to college students interested in its sports, education, or martial arts programs. The organization, with a workforce of 77 individuals, aims to provide career exposure, work experience, and work-study opportunities to its participants.


Official website here: www.zhangsah.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Gold Medal Karate Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in its operations. With an 83% score in Accountability & Finance, the organization demonstrates strong financial management practices and transparency. The high program expense ratio of 86.16% suggests that a significant portion of its funds is directed towards programs rather than administrative costs.

The organization excels in its cultural and community engagement, with a notable score of 95% in this category. Feedback collection and usage are perfect, showing a commitment to incorporating stakeholder input into its operations. Additionally, Gold Medal Karate Inc maintains a fully independent board, which enhances its governance practices and reduces potential conflicts of interest.

While the organization has strong oversight and compliance measures in place, the lower score in culture and community indicates that there may be room for improvement in those areas. Nonetheless, the overall ratings represent a well-managed nonprofit dedicated to its mission and effective in its community involvement.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Gold Medal Karate Inc?

90% of 25 reviewers on Facebook recommend Gold Medal Karate Inc. Here is a summary of their reviews:

Many individuals express strong appreciation for Sal, highlighting his exceptional character and positive impact on the community. Reviewers commend his dedication and skill in teaching, noting how he inspires students and fosters a welcoming environment.

Overall, the feedback suggests that Gold Medal Karate Inc effectively fulfills its mission and stands out for its commitment to improving the lives of those involved in its programs.


This AI summary has been generated from reviews found on Facebook.

Is Gold Medal Karate Inc legitimate?

Gold Medal Karate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gold Medal Karate 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: $81,389
Professional Fundraising Fees: $0
Other Salaries and Wages: $890,718

For more financial information, click here


Official website here: www.zhangsah.org

What is the mission statement of Gold Medal Karate Inc?

Gold Medal Karate Inc's mission is centered around educational, cultural, and athletic activities. Their primary objective is to educate individuals' bodies and strengthen their minds. As an independent non-profit organization, Zhang Sah provides character, cultural, physical, and academic development through multidisciplinary martial arts programs. They support the mental and physical health and well-being of their members by offering tools for resilience and discovery, along with black-belt training, age-appropriate martial arts training, character education, and scientific and philosophical teaching. Furthermore, Zhang Sah offers structured programs that provide educational development for children, youth, and adults, supporting working families.


Official website here: www.zhangsah.org

Who is the CEO of Gold Medal Karate Inc?

Salvatore Sandone is the Ceo of Gold Medal Karate Inc. The CEO's salary of Gold Medal Karate Inc is $157,500 and their total compensation is $157,500.


Official website here: www.zhangsah.org

What is the revenue of Gold Medal Karate Inc?

Gold Medal Karate Inc's revenue in 2022 was $2,271,279.


Official website here: www.zhangsah.org

Who are the executives of Gold Medal Karate Inc and what are their salaries?

The average compensation at Gold Medal Karate Inc during 2022 was $12,625. There are 77 employees and 10 volunteers at Gold Medal Karate Inc.


Here are 9 key members and their salaries (Gold Medal Karate Inc's CEO's salary is $157,500 and their total compensation is $157,500):


Salvatore Sandone (Ceo)
  • Compensation: $157,500
  • Related: $0
  • Other: $0
Michael Kalkstein (Director)
  • Compensation: $62,000
  • Related: $0
  • Other: $0
Rachel Whitley (Director)
  • Compensation: $62,000
  • Related: $0
  • Other: $0
Dommonique Cammock (Director)
  • Compensation: $62,000
  • Related: $0
  • Other: $0
Kian Jamasbi (Director)
  • Compensation: $52,500
  • Related: $0
  • Other: $0
Phillip Nannay (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Sapelbweyer (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Dacosta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Khan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.zhangsah.org

Where can I find the form 990 for Gold Medal Karate Inc?

Gold Medal Karate Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.zhangsah.org

Learn more at the official website: www.zhangsah.org

Mission Statement of Gold Medal Karate Inc

Gold Medal Karate Inc, an independent nonprofit organization, is committed to providing character, cultural, physical, and academic development and education through multidisciplinary martial arts programs. The mission of this organization, as stated, is to educate the body and strengthen the mind. Zhang Sah, the name behind Gold Medal Karate Inc, achieves this by offering tools for resilience and discovery to its members, alongside black-belt training, age-appropriate martial arts training, character education, and scientific and philosophical teaching. The organization supports the mental and physical health and well-being of its members by providing them with a structured environment for educational development, catering to children, youth, and adults. By integrating martial arts into its programs, Gold Medal Karate Inc fosters discipline, confidence, and a sense of achievement in its members, promoting a holistic approach to personal growth and development.

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Impact




October, 2024

Gold Medal Karate Inc. has a significant impact by offering a comprehensive array of educational, cultural, and athletic activities that foster personal growth and community well-being. The organization’s mission to "Educate Your Body. Strengthen Your Mind." emphasizes the holistic development of its participants through the integration of physical training, character education, and academic support.

Located in Philadelphia, Gold Medal Karate Inc. is committed to developing resilience and discovery in its members. By providing structured martial arts programs, participants receive age-appropriate training that promotes mental and physical health while instilling values of discipline and respect. The organization goes beyond martial arts by offering career exposure and work experience opportunities through its partnership with ZHANG SAH. This aspect not only empowers students but also supports working families by providing pathways to educational development for children, youth, and adults.

In addition to its athletic focus, Gold Medal Karate Inc. emphasizes character and cultural development. Through its multidisciplinary programs, members engage in scientific and philosophical teachings that broaden their perspectives and foster critical thinking. Overall, Gold Medal Karate Inc. stands as a pillar of support for the community, promoting healthy lifestyles, academic achievement, and personal integrity among its participants.




This information is meant to be a general summary of Gold Medal Karate 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.

Revenue
$2,271,279 (2022)
Expenses
$1,968,758 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $982,603
  • Gross Receipts: $2,271,279

Assets and Liabilities:

  • Total Assets: $753,717
  • Total Liabilities: $495,628
  • Net Assets: $258,089

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE INCOME

Revenue

$835,260

OTHER INCOME

Revenue

$147,343

Organization Details

Founding Year

1997

Principal Officer

Salvatore Sandone

Main Address

530 BAINBRIDGE STREET, PHILADELPHIA, PA, 19147

NTEE Category

Code: N40 - Recreation

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