Budo Accelerator Inc is located in Irvine, CA. The organization was established in 2019. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Budo Accelerator Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Budo Accelerator Inc generated $122.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $144.4k during the year ending 12/2023. While expenses have increased by 5.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
WE EQUIP YOUNG PEOPLE FROM BACKGROUNDS OF ADVERSITY WITH ESSENTIAL LIFE, LEADERSHIP, AND CAREER SKILLS SO THEY CAN BECOME THRIVING MEMBERS OF SOCIETY. WE RAN PROGRAMS FOR 260 HIGH SCHOOL AND COLLEGE STUDENTS IN 2023, STRENGTHENED OUR PARTNERSHIPS WITH LEADING EDUCATIONAL AND NONPROFIT ORGANIZATIONS, AND EXPANDED OUR PROGRAMS TO NORTHERN CALIFORNIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Josh Gold Chief Executive Officer And Board Director | 40 | $101,983 | |
Mark Tercek Board Director And Chair | 1 | $0 | |
Ellis Amdur Board Director And Secretary | 3 | $0 | |
Setsuko Okumura Program Operations Director | 15 | $0 | |
Adrianne Wonnacott Board Director And Treasurer | 1 | $0 | |
Latonya Rease Miles Board Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $76,036 |
Total Program Service Revenue | $45,945 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $121,986 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $118,511 |
Professional fees and other payments to independent contractors | $4,140 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $21,767 |
Total expenses | $144,418 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $38,033 |
Other assets | $0 |
Total assets | $38,033 |
Total liabilities | $36,941 |
Net assets or fund balances | $1,092 |