American Shukokai Karate Union Inc is located in East Brunswick, NJ. The organization was established in 1997. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Shukokai Karate Union Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, American Shukokai Karate Union Inc generated $3.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.3%) each year. All expenses for the organization totaled $10.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COMPETITION IN MULTIPLE TOURNAMENTS TO PROMOTE AND ADVANCE KIMURA SHUKOKAI KARATE
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,085 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $736 |
| Other Revenue | $0 |
| Total Revenue | $3,821 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $400 |
| Other expenses | $9,411 |
| Total expenses | $10,561 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,055 |
| Other assets | $0 |
| Total assets | $13,905 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,905 |