Quick charity verification for American Tae Kwon Do United Inc (EIN: 208684285)
Verdict: American Tae Kwon Do United Inc appears trustworthy
92/100Mission Score
$202KRevenue
$81KAssets
1Red Flags
4Strengths
Red Flags
Unexplained $0 revenue in 2020 while still incurring $60,424 in expenses.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency.
Zero liabilities reported in recent filings (2023, 2021, 2020, 2019, 2018, 2017), demonstrating strong financial health.
Revenues generally exceed expenses in most periods, indicating sound financial management.
Healthy asset base relative to revenue, providing financial stability.
Spending Breakdown
How American Tae Kwon Do United Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about American Tae Kwon Do United Inc
Is American Tae Kwon Do United Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Tae Kwon Do United Inc (EIN: 208684285) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is American Tae Kwon Do United Inc a good charity to donate to?
American Tae Kwon Do United Inc has a Mission Score of 92/100. Revenue: $202K. Assets: $81K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Tae Kwon Do United Inc?
The Employer Identification Number (EIN) for American Tae Kwon Do United Inc is 208684285. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does American Tae Kwon Do United Inc spend its money?
American Tae Kwon Do United Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Tae Kwon Do United Inc's tax-exempt status?
You can verify American Tae Kwon Do United Inc's tax-exempt status using EIN 208684285 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
American Tae Kwon Do United Inc demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating sound operational management. For instance, in 2023, revenue was $192,895 against expenses of $183,255. The organization maintains a healthy asset base relative to its revenue, with $81,473 in assets against $201,571 in latest revenue, and has consistently reported zero liabilities in its most recent filings (2023, 2021, 2020, 2019, 2018, 2017), which is a strong indicator of financial stability and low risk. The absence of reported officer compensation across all available filings suggests a volunteer-driven leadership structure, enhancing its spending efficiency.
However, a notable dip in revenue to $0 in 2020, while still incurring $60,424 in expenses, warrants further investigation to understand the operational context during that period. Despite this anomaly, the organization has rebounded, showing consistent revenue generation. The consistent reporting of zero officer compensation across all filings is a significant positive for transparency and efficiency, as it means donor funds are not being used for executive salaries. The organization's financial health appears stable, with a strong focus on program delivery given the lack of executive compensation and low liabilities.