SHODOKAN INC (EIN 043204007) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

William Bennet

Phone

9789222000

Tax Period

2024-01-01 to 2024-12-31

SHODOKAN INC, founded in 1962, is a micro nonprofit in the Education sector that reported $67K in total revenue in fiscal year 2024. The organization ran a surplus of $11K, a strong 17% operating margin.

Mission

Instruction was provided in Aikido, Judo, Karate, Kendo, and Arnis for aprox. 75 students. Cirriculum included self- defense, conflict resolution through avoidance/de-escalation/application of minimum effective force, martial arts history/philosophy, community awareness, and other activities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $64,257

Program Service Revenue $0

Investment Income $2,636

Other Revenue $0

TOTAL REVENUE $66,893

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,558

Other Expenses $55,558

TOTAL EXPENSES $55,558

Year-over-Year Comparison

	2024	2023	Change
Revenue	$66,893	$64,413	+0.0%
Expenses	$55,558	$46,981	+0.2%
Net Income	$11,335	$17,432	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Whalen	Board Member	1	Officer	$0	$0	$0
Powell Dixon	Secretary	1	Officer	$0	$0	$0
William Bennett	President	1	Officer	$0	$0	$0
Christina Goodwin	Board Member	1	Officer	$0	$0	$0
Eli Timmons	Treasurer	1	Officer	$0	$0	$0
Matt Natti	Vice President	1	Officer	$0	$0	$0
Matthew Whelan	Board Member	1	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$66,893	$55,558	$652,968	$11,335
2023	$64,413	$46,981	$637,955	$17,432
2022	$47,001	$52,795	$618,170	$-5,794
2022	$47,001	$52,795	$618,170	$-5,794
2021	$38,656	$33,721	$623,982	$4,935
2020	$87,812	$24,119	$622,481	$63,693

SHODOKAN INC