U S A National Karate-Do Federation Inc

Organization Overview

U S A National Karate-Do Federation Inc is located in Colorado Springs, CO. The organization was established in 1994. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, U S A National Karate-Do Federation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U S A National Karate-Do Federation 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 12/2021, U S A National Karate-Do Federation Inc generated $899.0k 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 (3.4%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SPONSORS NATIONAL KARATE COMPETITIONS AND PARTICIPATES IN INTERNATIONAL COMPETITION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPONSORS NATIONAL COMPETITIONS AND PARTICIPATES IN INTERNATIONAL COMPETITION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$135,355
Fundraising events$0
Related organizations$204,676
Government grants $1,111
All other contributions, gifts, grants, and similar amounts not included above$20,131
Noncash contributions included in lines 1a–1f $20,131
Total Revenue from Contributions, Gifts, Grants & Similar$361,273
Total Program Service Revenue$537,554
Investment income $149
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $898,976

Grants Recieved

Over the last fiscal year, we have identified 3 grants that U S A National Karate-Do Federation Inc has recieved totaling $200,397.

Awarding OrganizationAmount
United States Olympic & Paralympic Committee

Colorado Springs, CO

PURPOSE: OLYMPIC/PARALYMPIC SUPPORT

$190,500
El Pomar Foundation

Colorado Springs, CO

PURPOSE: NONPROFIT OFFICE SPACE

$9,886
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$11
View Grant Recipient Profile

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