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Karate Five Association Inc

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

EIN: 825372906 ✦ Corryton, TN ✦ Designated as a 501(c)(3)

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Overview

What is Karate Five Association Inc?

Karate Five Association Inc, based in Corryton, Tennessee, is a nonprofit organization committed to making a positive impact in underserved and economically disadvantaged communities. Their primary focus is on teaching martial arts, emphasizing the mental, physical, and emotional aspects of the discipline. This learning process instills self-discipline in the youth they serve, fostering personal growth and development. The organization's mission extends beyond physical training, aiming to instill self-accountability, boost self-esteem, and challenge negative mindsets. By promoting de-escalation strategies instead of violence and bullying, Karate Five Association Inc plays a crucial role in shaping the future of its participants. In their efforts to support the community, Karate Five Association Inc has been involved in various initiatives such as City Spring Break, City Crime Prevention, City COVID-19 Grant, and City Summer Grant programs. These initiatives demonstrate their commitment to contributing to the local community's well-being, particularly during challenging times like the COVID-19 pandemic.

Is Karate Five Association Inc legitimate?

Karate Five Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karate Five Association 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: $2,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Karate Five Association Inc?

The Karate Five Association Inc's mission is centered around saving lives through the mental, physical, and emotional disciplines of martial arts. Their primary goal is to teach youth from underserved and economically disadvantaged communities self-accountability. The organization aims to instill self-esteem in these individuals and encourages a shift in mindset, reframing bullying and violence as not viable solutions. Instead, they promote de-escalation strategies. The Association also strives to change perspectives, considering education as a more effective tool than confrontation. They have been involved in various initiatives, such as UNITED WAY OF GREATER KNOXVILLE's city spring break program, city crime prevention efforts, and city COVID-19 grant projects, among others. Their summer grant programs further contribute to their mission of positively impacting the lives of these youth.

Who is the CEO of Karate Five Association Inc?

Willie G Wilson is the President of Karate Five Association Inc.

What is the revenue of Karate Five Association Inc?

Karate Five Association Inc's revenue in 2022 was $85,656.

Who are the executives of Karate Five Association Inc and what are their salaries?


Here are 2 key members and their salaries:


Willie G Wilson (President)
  • Compensation: $2,950
  • Related: $0
  • Other: $0
Marlena Beal (Secretary)
  • Compensation: $1,975
  • Related: $0
  • Other: $0
Where can I find the form 990 for Karate Five Association Inc?

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

Mission Statement of Karate Five Association Inc

Karate Five Association Inc, a nonprofit organization, is dedicated to saving lives through the mental, physical, and emotional disciplines of martial arts. Their mission is to instill self-discipline in the youth from underserved and economically disadvantaged communities. By doing so, they aim to foster self-esteem in these individuals, encouraging them to view bullying and violence as ineffective solutions. Instead, they promote the concept of de-escalation as a more constructive approach. This nonprofit organization is committed to changing mindsets and empowering these young people, ultimately helping them to become responsible individuals. Through their programs, Karate Five Association Inc seeks to provide a positive influence, promoting education as a valuable tool for personal growth and development.

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Impact




October, 2024

Karate Five Association Inc significantly impacts the community by providing martial arts education to youth from underserved and economically disadvantaged backgrounds. Through its programs, the organization fosters self-discipline, self-esteem, and a sense of accountability among participants. By focusing on mental, physical, and emotional training disciplines, Karate Five empowers children to shift their mindsets, understanding that bullying and violence are not acceptable solutions to conflict. Instead, the organization promotes de-escalation techniques and encourages young people to value education.

By addressing issues such as crime prevention and the challenges faced during the COVID-19 pandemic, Karate Five plays a vital role in enhancing community safety and resilience. Its initiatives not only combat social issues but also serve as a constructive outlet for youth, steering them away from negative influences and promoting healthy, positive choices. Overall, Karate Five Association Inc is a catalyst for change, equipping the next generation with essential life skills and a supportive environment for personal growth.




This information is meant to be a general summary of Karate Five Association 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
$85,656 (2022)
Expenses
$96,693 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $85,656

Assets and Liabilities:

  • Total Assets: $67,332
  • Total Liabilities: $45,300
  • Net Assets: $22,032

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Organization Details

Founding Year

2018

Principal Officer

Willie G Wilson

Main Address

8503 SUNRISE ROAD, Corryton, TN, 37721

NTEE Category

Code: N60 - Recreation

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