Kids Karate in Newton, Massachusetts (MA)
Table of contents:
| Kids Karate | |
| Employer Identification Number (EIN) | 020547496 |
| Name of Organization | Kids Karate |
| In Care of Name | Richard S Jacobs |
| Address | 3 Coolidge Road, Newton, MA 02459 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2002 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $3,603 |
| Amount of Income | $38,826 |
| Form 990 Revenue Amount | $38,826 |
| National Taxonomy of Exempt Entities (NTEE) | Youth Development: Youth Development Programs, Other |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $43,979 | $40,037 | $38,826 |
| Contributions, gifts, grants, and similar amounts received | $14,000 | $13,500 | $9,000 |
| Program service revenue including government fees and contracts | $29,979 | $26,537 | $29,826 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $43,006 | $39,987 | $46,093 |
| Total net assets | $1,680 | $1,730 | $3,603 |
| Excess/Deficit for the year | $973 | $50 | $-7,267 |
| Net assets or fund balances at beginning of year | $707 | $1,680 | $1,730 |
| Other changes in net assets or fund balances | $0 | $0 | $9,140 |
| Net assets or fund balances at end of year | $1,730 | $3,603 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $1,680 | $1,730 | $3,603 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $1,680 | $1,730 | $3,603 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $200,705 |
| Subtotal | $200,705 |
| Gifts, grants, contributions, and membership fees received | $49,890 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $150,815 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $200,705 |
| Public support | $200,705 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in Massachusetts | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Kid Start Incorporated | PO BOX 747, Lawrence, MA 01842-1547 | MA | 1985-08 | $2,954,121 |
| 2 | Kidney Transplant/Dialysis Association Inc | PO BOX 51362, Boston, MA 02205-1362 | MA | 1990-10 | $12,592 |
| 3 | Kids And K9 Assist Inc | 237 Salem Street Unit 5, Reading, MA 01867 | MA | 2004-01 | $14,635 |
| 4 | Kids Are People Elementary School Inc | 530 Commonwealth Ave, Boston, MA 02215-2606 | MA | 1997-01 | $1,408,582 |
| 5 | Kids Caring About Needs Inc | 1 Memory Ln, Wakefield, MA 01880-1400 | MA | 2005-07 | $173 |
| 6 | Kids Clothes Club Inc | 120 Cypress St, Brookline, MA 02445-6015 | MA | 1996-02 | $73,460 |
| 7 | Kids Connect Inc | 43 Main St, Natick, MA 01760-4523 | MA | 2000-12 | $127,933 |
| 8 | Kids Fan Club | 16 Linden St, Rockland, MA 02370-2332 | MA | 2003-04 | $500 |
| 9 | Kids In Common Inc | 58 Hovey St, Watertown, MA 02472-3355 | MA | 1988-05 | $2,335 |
| 10 | Kids Involved In Disability Sports Inc | PO BOX 1397, Lowell, MA 01853-1397 | MA | 2001-04 | $67,841 |
| 11 | Kids Karate | 3 Coolidge Road, Newton, MA 02459 | MA | 2002-07 | $38,826 |
| 12 | Kids Replica Ballpark Inc | Po Box 692562, Quincy, MA 02269 | MA | 2002-01 | $0 |
| 13 | Kids Respecting Kids Inc | 19 Wyman Rd, Billerica, MA 01821-3725 | MA | 2007-04 | $1 |
| 14 | Kids Time Of Wellesley Inc | PO BOX 812211, Wellesley, MA 02482-0015 | MA | 2000-05 | $153,148 |
| 15 | Kids Unlimited Services Inc | 35 Trolley Crossing Road, Charlton, MA 01507-1369 | MA | 1987-01 | $2,106,531 |
| 16 | Kids Voting Massachusetts Inc | 25 Braintree Hill Office Park Suite, Braintree, MA 02184-8702 | MA | 1996-01 | $0 |
| 17 | Kilimanjaro Blind Trust Inc | 175 N Beacon St, Watertown, MA 02472-2751 | MA | 2009-02 | $117,331 |
| 18 | Killian Family Foundation | 1 P O Square, Boston, MA 02109-2106 | MA | 2007-06 | $1,190,294 |
| 19 | Kimberly Lynn Cochrane Charitable Foundation | 160 Forest Hill Ave, Lynnfield, MA 01940-1778 | MA | 2003-03 | $50 |
| 20 | Kimbia Foundation Inc | 34 Walden St Unit 176, Concord, MA 01742-2540 | MA | 2006-12 | $2,510 |
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