Overview
What is Aau National Karate Committee?
The Aau National Karate Committee is a nonprofit organization headquartered at 237 E Prospect Ave, Mount Prospect, Illinois 60056. Its primary objective is to promote the advancement of karate on a national level, in line with the guidelines set by the Amateur Athletic Union. This is achieved through the education of coaches, athletes, and officials. The core mission of this committee is to encourage and facilitate national and international amateur sports competition.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Aau National Karate Committee has received a Two-Star out of Four Star rating with an overall score of 70%. While the organization demonstrates strong financial accountability with a program expense ratio of 98.96% and zero liabilities to assets, it has significant shortcomings in transparency and governance.
One notable strength is the composition of the board, which consists entirely of independent members, reflecting a commitment to unbiased oversight. However, the organization lacks critical policies and documentation, such as a conflict of interest policy, whistleblower policy, and retention and destruction policy, all of which could enhance its accountability and operational integrity.
Additionally, the absence of essential documents on their website, including board meeting minutes and the tax form, points to a gap in transparency that could affect stakeholder trust. Overall, while the Aau National Karate Committee has strong financial practices, addressing these governance issues is crucial for improving its rating and fostering greater confidence among supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Aau National Karate Committee legitimate?
Aau National Karate Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aau National Karate Committee 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
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What is the mission statement of Aau National Karate Committee?
The AAU National Karate Committee's mission is centered around promoting the advancement of karate at a national and international level through amateur athletic competition. This organization serves to educate coaches, athletes, and officials, thereby contributing to the growth and development of the sport.
Who is the CEO of Aau National Karate Committee?
Juan B Mirza is the President of Aau National Karate Committee.
What is the revenue of Aau National Karate Committee?
Aau National Karate Committee's revenue in 2022 was $522,558.
Who are the executives of Aau National Karate Committee and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Aau National Karate Committee?
Aau National Karate Committee's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aau National Karate Committee
The AAU National Karate Committee, an esteemed organization, is dedicated to furthering the national and international advancement of karate within the realm of amateur sports competition. Their mission is to educate and support coaches, athletes, and officials in the karate community, thereby fostering a thriving environment for the growth and development of this martial art. By promoting and facilitating competitive events at both national and international levels, the AAU National Karate Committee seeks to elevate the standards of karate and inspire a new generation of passionate practitioners.
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Impact
July, 2024
The impact of the AAU National Karate Committee lies in its promotion and advancement of karate at both a national and international level. Through its efforts, the organization supports amateur sports competition, educates coaches, athletes, and officials, and fosters the development of karate within the framework of the Amateur Athletic Union. The committee plays a crucial role in providing opportunities for karate athletes to compete, improve their skills, and showcase their talents on a broader stage.
This information is meant to be a general summary of Aau National Karate Committee. 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: $522,464
- Gross Receipts: $522,558
Assets and Liabilities:
- Total Assets: $193,927
- Total Liabilities: $256
- Net Assets: $193,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Participation Fees
Revenue
$15,291
Tournament Revenue
Revenue
$507,173
Organization Details
Principal Officer
Juan B Mirza
Main Address
237 E Prospect Ave, Mount Prospect, IL, 60056
NTEE Category
Code: N60 - Recreation
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