Is American Tae Kwon Do United Inc Legit?

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.