Dmv Sport Karate League Inc is located in Potomac, MD. The organization was established in 2018. 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. Dmv Sport Karate League Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
5 TOURNAMENTS (PRIMARILY FOR YOUTH), 2 SEMINARS (SELF-DEFENSE FOR KIDS AND LADIES)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jae Chang Trustee | 3 | $0 | |
Leland Perthel Key Employee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,200 |
| Total Program Service Revenue | $6,789 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $700 |
| Total Revenue | $10,689 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $3,247 |
| Printing, publications, postage, and shipping | $70 |
| Other expenses | $10,297 |
| Total expenses | $14,314 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $944 |
| Other assets | $0 |
| Total assets | $944 |
| Total liabilities | $4,569 |
| Net assets or fund balances | -$3,625 |