Overview
What is Shotokan Karate Of America Inc?
Shotokan Karate of America Inc, located at 222 S Hewitt St in Los Angeles, California, is a nonprofit organization dedicated to promoting and educating the authentic essence of karate. With a membership of around 3,300 individuals, they achieve this goal through various means, such as mailings, lectures, classes, books, and movies. Their mission involves teaching karate as a martial art, not a sport, and spreading the true meaning of "karate" across the nation. They also engage in public exhibitions and distribute a national newsletter to further disseminate their knowledge. With a workforce of four individuals, Shotokan Karate of America Inc serves as a hub for karate enthusiasts seeking to deepen their understanding of the ancient martial art.
Official website here: www.ska.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating
Shotokan Karate of America Inc has earned an 80% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization demonstrates strong governance with 94% of its board members being independent, ensuring that decisions are made with minimal conflicts of interest. Additionally, the absence of material diversion of assets and the publication of board meeting minutes contribute positively to its transparency and trustworthiness.
The nonprofit shows a commendable program expense ratio of 79.20%, indicating that a significant portion of its funds is directed towards program activities. However, it faces a limitation in fundraising efficiency, as it reported $0.00 in fundraising expenses, which could imply a reliance on other revenue sources or potential challenges in fundraising efforts. Despite this, its long-term working capital of 18.76 years suggests a stable financial structure.
Overall, while Shotokan Karate of America Inc demonstrates strong accountability measures and effective management of assets, it may benefit from enhancing its fundraising strategies to support its programs further.
This AI summary has been generated from information found on Charity Navigator.
Is Shotokan Karate Of America Inc legitimate?
Shotokan Karate Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shotokan Karate Of America 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: $82,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,966
For more financial information, click here
Official website here: www.ska.org/
What is the mission statement of Shotokan Karate Of America Inc?
Shotokan Karate of America Inc. is committed to teaching karate as a martial art, rather than as a sport, and disseminating its true meaning to the public. They achieve this goal through various means, such as mailings, lectures, classes, books, and movies. The organization also conducts educational training nationwide, provides public exhibitions, and distributes a national newsletter to its members, which currently number around 3,300.
Official website here: www.ska.org/
Who is the CEO of Shotokan Karate Of America Inc?
David Lechuga is the President of Shotokan Karate Of America Inc.
Official website here: www.ska.org/
What is the revenue of Shotokan Karate Of America Inc?
Shotokan Karate Of America Inc's revenue in 2022 was $2,940,712.
Official website here: www.ska.org/
Who are the executives of Shotokan Karate Of America Inc and what are their salaries?
The average compensation at Shotokan Karate Of America Inc during 2022 was $48,258. There are 4 employees and 25 volunteers at Shotokan Karate Of America Inc.
Here are 21 key members and their salaries:
- Compensation: $82,066
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Official website here: www.ska.org/
Where can I find the form 990 for Shotokan Karate Of America Inc?
Shotokan Karate Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ska.org/
Learn more at the official website: www.ska.org/
Mission Statement of Shotokan Karate Of America Inc
Shotokan Karate of America Inc, as a nonprofit organization, is committed to the teaching and propagation of karate, not as a sport, but as a martial art. They strive to communicate and uphold the true essence of "karate" through various means, such as mailings, lectures, classes, books, and movies. Their mission extends beyond direct instruction, reaching out to the broader community through educational training sessions, instructional materials, and public exhibitions. With a membership of approximately 3,300 individuals, Shotokan Karate of America Inc plays a significant role in spreading knowledge and understanding of the martial art, promoting its authentic meaning and values.
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Impact
July, 2024
Shotokan Karate of America Inc has had a significant impact on the dissemination of the true meaning of karate as a martial art, not as a sport. Through their educational training programs, classes, and public exhibitions done throughout the country, they have reached a membership of approximately 3,300 individuals. By promoting the authentic practices and philosophies of karate, Shotokan Karate of America Inc is contributing to the preservation and understanding of this traditional martial art. Their efforts in teaching, lecturing, publishing books, and producing movies on karate elevate awareness and appreciation for the art form.
This information is meant to be a general summary of Shotokan Karate Of America 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.
- Investment Income: $344,498
- Program Service Revenue: $36,495
- Gross Receipts: $2,940,712
Assets and Liabilities:
- Total Assets: $9,957,592
- Total Liabilities: $101,855
- Net Assets: $9,855,737
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Special Training
Revenue
$36,495
Organization Details
Phone
(213) 437-0988Principal Officer
David Lechuga
Main Address
222 S Hewitt St 7 c/o MKJCC, Los Angeles, CA, 90012
Website
www.ska.org/NTEE Category
Code: N60Z - Recreation
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