Overview
What is Taekwondo Committee Admin Club?
The Taekwondo Committee Admin Club, based in Dacula, Georgia, serves as an administrative body for the Amateur Athletic Union's Taekwondo events. Their primary mission is to support and cater to amateur Taekwondo athletes by organizing national championship events, such as the Annual National Taekwondo Youth and Adult Championships. Through these competitions, they provide a platform for approximately 23,000 registered athletes spread across various regions in the U.S. The club generates revenue primarily through conducting these championships.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
The Taekwondo Committee Admin Club has received a score of 79%, which translates to a Three-Star rating. This rating is based solely on the Accountability & Finance category, indicating that the organization demonstrates a solid commitment to transparency and responsible financial practices. The score reflects strong governance practices, highlighted by having an independent board with 100% of its members being independent.
Strengths of the organization include a notable record of no material diversion of assets and adherence to various policies, such as conflict of interest and whistleblower policies, with perfect scores in each area. The organization has also shown an impressive program expense ratio of 99.22%, suggesting that nearly all of its expenses directly support its mission-related programs, which is a positive indicator of operational efficiency.
However, while the overall financial health appears robust with a liabilities to assets ratio of only 0.82%, potential donors might want to consider other aspects of the organization’s impact and outreach, as the rating does not touch on specific program outcomes or community engagement efforts. Overall, the Taekwondo Committee Admin Club demonstrates good accountability but may benefit from providing more comprehensive information on its broader impacts.
This AI summary has been generated from information found on Charity Navigator.
Is Taekwondo Committee Admin Club legitimate?
Taekwondo Committee Admin Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taekwondo Committee Admin Club 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:
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What is the mission statement of Taekwondo Committee Admin Club?
The Taekwondo Committee Admin Club's mission is centered around serving amateur Taekwondo athletes. This is achieved by organizing competitive events, such as the National AAU Taekwondo Championship. Currently, they cater to around 23,000 registered athletes across various regions within the United States. Their primary source of revenue stems from conducting these national championship events.
Who is the CEO of Taekwondo Committee Admin Club?
Robert E Stone Iii is the National Chair of Taekwondo Committee Admin Club.
What is the revenue of Taekwondo Committee Admin Club?
Taekwondo Committee Admin Club's revenue in 2023 was $1,532,550.
Who are the executives of Taekwondo Committee Admin Club and what are their salaries?
There 8 volunteers at Taekwondo Committee Admin Club.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Taekwondo Committee Admin Club?
Taekwondo Committee Admin Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Taekwondo Committee Admin Club
The Taekwondo Committee Admin Club, in its mission, serves to support amateur Taekwondo athletes. This is accomplished by organizing and hosting competitive events, such as the National AAU Taekwondo Championship. The club currently caters to around 20,000 registered athletes across various regions within the United States. The revenues reported are primarily derived from the proceeds generated through the conduct of this national championship event. In essence, the Taekwondo Committee Admin Club plays a vital role in fostering the growth and development of Taekwondo athletes at the amateur level, providing them with a platform to showcase their skills and talents.
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Impact
July, 2024
The Taekwondo Committee Admin Club's impact lies in its dedication to serving amateur Taekwondo athletes across the United States. Through organizing events like the National AAU Taekwondo Championship, the club provides a platform for approximately 20,000 registered athletes to showcase their skills and compete at a national level. By facilitating such competitive opportunities, the club not only promotes the growth and development of Taekwondo as a sport but also fosters a sense of community and camaraderie among athletes.
This information is meant to be a general summary of Taekwondo Committee Admin Club. 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 2023.
- Program Service Revenue: $1,532,550
- Gross Receipts: $1,532,550
Assets and Liabilities:
- Total Assets: $634,027
- Total Liabilities: $5,259
- Net Assets: $628,768
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tournament Revenue
Revenue
$1,532,550
Organization Details
Founding Year
2019
Phone
(770) 237-2121Principal Officer
Robert E Stone Iii
Main Address
2140 Spruce Lake Drive, Dacula, GA, 30019
NTEE Category
Code: N60 - Recreation
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