American Bushido Kai Karate Assn Ministry And Missions Inc

American Bushido Kai Karate Assn Ministry And Missions Inc maintains financial stability despite declining revenue, with zero officer compensation.

EIN: 203040118 · Tulsa, OK · NTEE: X20 · Updated: 2026-03-28

$56KRevenue
$176KAssets
85/100Mission Score (Excellent)
X20
American Bushido Kai Karate Assn Ministry And Missions Inc Financial Summary
MetricValue
Total Revenue$56K
Total Expenses$57K
Program Spending85%
CEO/Top Officer Pay$55,980
Net Assets$153K
Transparency Score85/100

Is American Bushido Kai Karate Assn Ministry And Missions Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Bushido Kai Karate Assn Ministry And Missions Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Bushido Kai Karate Assn Ministry And Missions Inc

American Bushido Kai Karate Assn Ministry And Missions Inc (EIN: 203040118) is a nonprofit organization based in Tulsa, OK, classified under NTEE code X20. The organization reported total revenue of $56K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Bushido Kai Karate Assn Ministry And Missions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

American Bushido Kai Karate Assn Ministry And Missions Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$89K
Total Expenses$57K
Surplus / Deficit+$32K
Total Assets$153K
Net Assets$153K
Operating Margin36.1%
Months of Reserves32.3 months

Financial Health Grade: A

In 2023, American Bushido Kai Karate Assn Ministry And Missions Inc reported a surplus of $32K with revenue exceeding expenses, holds 32.3 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), American Bushido Kai Karate Assn Ministry And Missions Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+28.2%-44.1%+26.6%
2022-26.7%+21.4%-21.1%
2021-38.9%-43.0%+7.7%
2020-29.9%-36.7%+5.9%
2019-31.7%-14.4%-9.1%

IRS Tax-Exempt Classification

IRS Classification Codes7120
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

American Bushido Kai Karate Assn Ministry And Missions Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across all reported periods, indicating good solvency. The organization's revenue has fluctuated significantly over the past decade, peaking at $322,837 in 2018 and declining to $88,882 in 2023. Despite these fluctuations, expenses have largely been managed within or close to revenue levels, with a notable surplus in 2023 ($88,882 revenue vs. $56,778 expenses). The consistent reporting of zero officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence regarding executive pay. The organization's spending efficiency appears strong, particularly given the zero officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify efficiency ratios. However, the overall financial management, characterized by maintaining positive net assets and generally operating within its means, suggests a responsible approach to resource utilization. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency. While the declining revenue trend from 2018 to 2023 warrants attention, the organization has adapted by reducing expenses, maintaining financial stability. The absence of liabilities in recent years (2023, 2022, 2021) further strengthens its financial health. Overall, the organization appears to be a financially sound and transparent entity, effectively managing its resources.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Bushido Kai Karate Assn Ministry And Missions Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, American Bushido Kai Karate Assn Ministry And Missions Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$89KTotal Revenue
$57KTotal Expenses
$153KTotal Assets
$153KNet Assets
  • The organization reported a surplus of $32K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization, which is highly favorable for a nonprofit of its size with revenues ranging from $55,980 to $322,837.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of American Bushido Kai Karate Assn Ministry And Missions Inc's IRS 990 filings:

  • Significant decline in revenue from $322,837 in 2018 to $88,882 in 2023, which could impact future program capacity if not stabilized.

Strengths

The following positive indicators were identified for American Bushido Kai Karate Assn Ministry And Missions Inc:

  • Consistent reporting of 0% officer compensation, indicating a volunteer-driven leadership and efficient use of funds.
  • Maintains positive net assets across all reported periods, demonstrating strong financial solvency.
  • Zero liabilities reported in recent years (2021-2023), indicating excellent financial health.
  • History of consistent IRS 990 filings (13 filings), reflecting a commitment to transparency.

Frequently Asked Questions about American Bushido Kai Karate Assn Ministry And Missions Inc

Is American Bushido Kai Karate Assn Ministry And Missions Inc a legitimate charity?

American Bushido Kai Karate Assn Ministry And Missions Inc (EIN: 203040118) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $56K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does American Bushido Kai Karate Assn Ministry And Missions Inc spend its money?

American Bushido Kai Karate Assn Ministry And Missions Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to American Bushido Kai Karate Assn Ministry And Missions Inc tax-deductible?

American Bushido Kai Karate Assn Ministry And Missions Inc is registered as a tax-exempt nonprofit (EIN: 203040118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the American Bushido Kai Karate Assn Ministry And Missions Inc CEO make?

American Bushido Kai Karate Assn Ministry And Missions Inc's highest-compensated officer earns $55,980 annually. The organization reported $56K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of American Bushido Kai Karate Assn Ministry And Missions Inc's spending goes to programs?

American Bushido Kai Karate Assn Ministry And Missions Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does American Bushido Kai Karate Assn Ministry And Missions Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), American Bushido Kai Karate Assn Ministry And Missions Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is American Bushido Kai Karate Assn Ministry And Missions Inc located?

American Bushido Kai Karate Assn Ministry And Missions Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 203040118. It is classified under NTEE code X20.

How many years of IRS 990 filings does American Bushido Kai Karate Assn Ministry And Missions Inc have?

American Bushido Kai Karate Assn Ministry And Missions Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $56K in total revenue.

Is American Bushido Kai Karate Assn Ministry And Missions Inc a good charity?

Based on the available IRS 990 data, the organization appears to be a good charity. It consistently maintains positive net assets, has zero officer compensation, and has a history of transparent financial reporting. While revenue has declined, expenses have been managed accordingly, demonstrating fiscal responsibility.

How has the organization's revenue trended over the past five years?

The organization's revenue has shown a significant downward trend over the past five years, decreasing from $220,655 in 2019 to $88,882 in 2023.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is a strong positive for donor confidence.

Does the organization have any outstanding liabilities?

No, the organization has reported $0 in liabilities for the periods 2023, 2022, and 2021, indicating a very strong balance sheet.

Filing History

IRS 990 filing history for American Bushido Kai Karate Assn Ministry And Missions Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), American Bushido Kai Karate Assn Ministry And Missions Inc's revenue has declined by 50.4%, moving from $179K to $89K. Total assets increased by 73.7% over the same period, from $88K to $153K. Total functional expenses fell by 66.6%, from $170K to $57K. In its most recent filing year (2023), American Bushido Kai Karate Assn Ministry And Missions Inc reported a surplus of $32K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $89K $57K $153K $0
2022 $69K $102K $121K $0 View 990
2021 $95K $84K $153K $0
2020 $155K $147K $142K $0
2019 $221K $232K $134K $0 View 990
2018 $323K $271K $148K $2K View 990
2017 $265K $243K $95K $2K View 990
2016 $199K $206K $73K $2K View 990
2015 $206K $201K $79K $2K View 990
2014 $147K $160K $75K $2K View 990
2013 $167K $182K $88K $2K View 990
2012 $152K $137K $102K $1K View 990
2011 $179K $170K $88K $1K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $89K, expenses of $57K, and assets of $153K (revenue +28.2% year-over-year).
  • 2022: Revenue of $69K, expenses of $102K, and assets of $121K (revenue -26.7% year-over-year).
  • 2021: Revenue of $95K, expenses of $84K, and assets of $153K (revenue -38.9% year-over-year).
  • 2020: Revenue of $155K, expenses of $147K, and assets of $142K (revenue -29.9% year-over-year).
  • 2019: Revenue of $221K, expenses of $232K, and assets of $134K (revenue -31.7% year-over-year).
  • 2018: Revenue of $323K, expenses of $271K, and assets of $148K (revenue +21.7% year-over-year).
  • 2017: Revenue of $265K, expenses of $243K, and assets of $95K (revenue +33.3% year-over-year).
  • 2016: Revenue of $199K, expenses of $206K, and assets of $73K (revenue -3.3% year-over-year).
  • 2015: Revenue of $206K, expenses of $201K, and assets of $79K (revenue +40.4% year-over-year).
  • 2014: Revenue of $147K, expenses of $160K, and assets of $75K (revenue -12.2% year-over-year).
  • 2013: Revenue of $167K, expenses of $182K, and assets of $88K (revenue +10.0% year-over-year).
  • 2012: Revenue of $152K, expenses of $137K, and assets of $102K (revenue -15.3% year-over-year).
  • 2011: Revenue of $179K, expenses of $170K, and assets of $88K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Bushido Kai Karate Assn Ministry And Missions Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for American Bushido Kai Karate Assn Ministry And Missions Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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