Traditional Taekwon Do Institute Llc
EIN: 820581570 · Farmington, NM · NTEE: N60
| Metric | Value |
|---|---|
| Total Expenses | $57K |
| Net Assets | $55K |
Is Traditional Taekwon Do Institute Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Traditional Taekwon Do Institute Llc
Traditional Taekwon Do Institute Llc (EIN: 820581570) is a nonprofit organization based in Farmington, NM, classified under NTEE code N60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Traditional Taekwon Do Institute Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Traditional Taekwon Do Institute Llc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | +1.6% | -25.0% |
| 2020 | +80.4% | -51.6% | +123.2% |
| 2019 | -1.6% | +13.7% | -12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Traditional Taekwon Do Institute Llc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Traditional Taekwon Do Institute Llc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Frequently Asked Questions about Traditional Taekwon Do Institute Llc
Is Traditional Taekwon Do Institute Llc a legitimate charity?
Traditional Taekwon Do Institute Llc (EIN: 820581570) is a registered tax-exempt nonprofit based in New Mexico. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Traditional Taekwon Do Institute Llc spend its money?
Traditional Taekwon Do Institute Llc reported its financials in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Traditional Taekwon Do Institute Llc tax-deductible?
Traditional Taekwon Do Institute Llc is registered as a tax-exempt nonprofit (EIN: 820581570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Traditional Taekwon Do Institute Llc located?
Traditional Taekwon Do Institute Llc is headquartered in Farmington, New Mexico and files with the IRS under EIN 820581570. It is classified under NTEE code N60.
How many years of IRS 990 filings does Traditional Taekwon Do Institute Llc have?
Traditional Taekwon Do Institute Llc 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.
Filing History
IRS 990 filing history for Traditional Taekwon Do Institute Llc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Traditional Taekwon Do Institute Llc's revenue has declined by 100%, moving from $186K to $0. Total assets decreased by 63.9% over the same period, from $153K to $55K. Total functional expenses fell by 63.5%, from $157K to $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $57K | $55K | $0 | — | — |
| 2022 | $0 | $58K | $113K | $0 | — | — |
| 2021 | $0 | $57K | $171K | $0 | — | — |
| 2020 | $182K | $56K | $227K | $0 | — | View 990 |
| 2019 | $101K | $116K | $102K | $0 | — | View 990 |
| 2018 | $102K | $102K | $117K | $0 | — | View 990 |
| 2017 | $102K | $98K | $116K | $0 | — | View 990 |
| 2016 | $7K | $69K | $112K | $0 | — | View 990 |
| 2015 | $108K | $83K | $174K | $0 | — | View 990 |
| 2014 | $152K | $23K | $148K | $20 | — | View 990 |
| 2013 | $160K | $109K | $76K | $57K | — | View 990 |
| 2012 | $31K | $91K | $83K | $116K | — | View 990 |
| 2011 | $186K | $157K | $153K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $57K, and assets of $55K.
- 2022: Revenue of $0, expenses of $58K, and assets of $113K.
- 2021: Revenue of $0, expenses of $57K, and assets of $171K (revenue -100.0% year-over-year).
- 2020: Revenue of $182K, expenses of $56K, and assets of $227K (revenue +80.4% year-over-year).
- 2019: Revenue of $101K, expenses of $116K, and assets of $102K (revenue -1.6% year-over-year).
- 2018: Revenue of $102K, expenses of $102K, and assets of $117K (revenue -0.2% year-over-year).
- 2017: Revenue of $102K, expenses of $98K, and assets of $116K (revenue +1373.9% year-over-year).
- 2016: Revenue of $7K, expenses of $69K, and assets of $112K (revenue -93.6% year-over-year).
- 2015: Revenue of $108K, expenses of $83K, and assets of $174K (revenue -28.6% year-over-year).
- 2014: Revenue of $152K, expenses of $23K, and assets of $148K (revenue -5.3% year-over-year).
- 2013: Revenue of $160K, expenses of $109K, and assets of $76K (revenue +418.5% year-over-year).
- 2012: Revenue of $31K, expenses of $91K, and assets of $83K (revenue -83.3% year-over-year).
- 2011: Revenue of $186K, expenses of $157K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Traditional Taekwon Do Institute Llc:
Data Sources and Methodology
This transparency report for Traditional Taekwon Do Institute Llc 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.