American Tae Kwon Do United Inc
American Tae Kwon Do United Inc consistently operates with no officer compensation and low liabilities, demonstrating strong financial stability.
EIN: 208684285 · Waxhaw, NC · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $202K |
| Total Expenses | $183K |
| Program Spending | 90% |
| Net Assets | $53K |
| Transparency Score | 92/100 |
Search Intent Cockpit
American Tae Kwon Do United Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
American Tae Kwon Do United Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around American Tae Kwon Do United Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $193K and expenses of $183K.
Revenue and Expenses
American Tae Kwon Do United Inc reported $193K in revenue and $183K in expenses, a surplus of $10K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is American Tae Kwon Do United Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $165K (90%) |
Across stored filings, American Tae Kwon Do United Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
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Local and Sector Spokes
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Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
American Tae Kwon Do United Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Tae Kwon Do United Inc
American Tae Kwon Do United Inc (EIN: 208684285) is a nonprofit organization based in Waxhaw, NC, classified under NTEE code B90. The organization reported total revenue of $202K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Tae Kwon Do United Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Tae Kwon Do United Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $183K |
| Surplus / Deficit | +$10K |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | 5.0% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, American Tae Kwon Do United Inc reported a surplus of $10K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2010–2023), American Tae Kwon Do United Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +29.1% | -18.6% |
| 2020 | -100.0% | -62.5% | -59.3% |
| 2019 | -5.2% | +24.4% | -5.8% |
| 2018 | +67.4% | +9.1% | +45.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Tae Kwon Do United Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, American Tae Kwon Do United Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization. This significantly enhances the organization's financial efficiency, as all funds can be directed towards its mission rather than executive salaries.
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 Tae Kwon Do United Inc's IRS 990 filings:
- Unexplained $0 revenue in 2020 while still incurring $60,424 in expenses.
Strengths
The following positive indicators were identified for American Tae Kwon Do United Inc:
- 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.
Frequently Asked Questions about American Tae Kwon Do United Inc
Is American Tae Kwon Do United Inc a legitimate charity?
American Tae Kwon Do United Inc (EIN: 208684285) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $202K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does American Tae Kwon Do United Inc spend its money?
American Tae Kwon Do United Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to American Tae Kwon Do United Inc tax-deductible?
American Tae Kwon Do United Inc is registered as a tax-exempt nonprofit (EIN: 208684285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Tae Kwon Do United Inc's spending goes to programs?
American Tae Kwon Do United Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Tae Kwon Do United Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), American Tae Kwon Do United Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Tae Kwon Do United Inc located?
American Tae Kwon Do United Inc is headquartered in Waxhaw, North Carolina and files with the IRS under EIN 208684285. It is classified under NTEE code B90.
How many years of IRS 990 filings does American Tae Kwon Do United Inc have?
American Tae Kwon Do United 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 $202K in total revenue.
Is American Tae Kwon Do United Inc a good charity?
Based on the available IRS 990 data, American Tae Kwon Do United Inc appears to be a good charity. It consistently reports zero officer compensation, maintains low to no liabilities, and generally operates with revenues exceeding expenses, indicating efficient use of funds.
How does American Tae Kwon Do United Inc manage its finances?
The organization manages its finances effectively, consistently reporting zero liabilities in recent years and maintaining a healthy asset base. Its operational model appears to be highly efficient due to the absence of executive compensation, allowing a greater proportion of funds to be allocated to programs.
What caused the $0 revenue in 2020?
The IRS 990 data shows $0 revenue in 2020 while still incurring $60,424 in expenses. Without additional context from the organization, it's unclear if this was due to a reporting anomaly, a temporary suspension of revenue-generating activities, or reliance on reserves during the pandemic.
Filing History
IRS 990 filing history for American Tae Kwon Do United Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), American Tae Kwon Do United Inc's revenue has grown by 187.2%, moving from $67K to $193K. Total assets increased by 1225.6% over the same period, from $4K to $53K. Total functional expenses rose by 166.1%, from $69K to $183K. In its most recent filing year (2023), American Tae Kwon Do United Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $183K | $53K | $0 | — | — |
| 2021 | $165K | $142K | $65K | $0 | — | View 990 |
| 2020 | $0 | $60K | $42K | $0 | — | View 990 |
| 2019 | $155K | $161K | $102K | $0 | — | View 990 |
| 2018 | $163K | $129K | $108K | $0 | — | View 990 |
| 2017 | $98K | $119K | $74K | $0 | — | View 990 |
| 2016 | $409K | $391K | $146K | $50K | — | View 990 |
| 2015 | $402K | $395K | $119K | $42K | — | View 990 |
| 2014 | $390K | $358K | $107K | $38K | — | View 990 |
| 2013 | $291K | $265K | $74K | $37K | — | View 990 |
| 2012 | $223K | $217K | $43K | $31K | — | View 990 |
| 2011 | $186K | $182K | $30K | $23K | — | View 990 |
| 2010 | $67K | $69K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $183K, and assets of $53K (revenue +16.7% year-over-year).
- 2021: Revenue of $165K, expenses of $142K, and assets of $65K.
- 2020: Revenue of $0, expenses of $60K, and assets of $42K (revenue -100.0% year-over-year).
- 2019: Revenue of $155K, expenses of $161K, and assets of $102K (revenue -5.2% year-over-year).
- 2018: Revenue of $163K, expenses of $129K, and assets of $108K (revenue +67.4% year-over-year).
- 2017: Revenue of $98K, expenses of $119K, and assets of $74K (revenue -76.2% year-over-year).
- 2016: Revenue of $409K, expenses of $391K, and assets of $146K (revenue +1.6% year-over-year).
- 2015: Revenue of $402K, expenses of $395K, and assets of $119K (revenue +3.3% year-over-year).
- 2014: Revenue of $390K, expenses of $358K, and assets of $107K (revenue +34.1% year-over-year).
- 2013: Revenue of $291K, expenses of $265K, and assets of $74K (revenue +30.5% year-over-year).
- 2012: Revenue of $223K, expenses of $217K, and assets of $43K (revenue +19.9% year-over-year).
- 2011: Revenue of $186K, expenses of $182K, and assets of $30K (revenue +176.5% year-over-year).
- 2010: Revenue of $67K, expenses of $69K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Tae Kwon Do United Inc:
Data Sources and Methodology
This transparency report for American Tae Kwon Do United 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.