ONE WORLD TAEKWONDO FOUNDATION INC (EIN 204919571) - 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

2008

Legal Domicile

Principal Officer

ANDREA WOOD

Phone

9178069169

Tax Period

2020-01-01 to 2020-12-31

ONE WORLD TAEKWONDO FOUNDATION INC, founded in 2008, is a micro nonprofit that reported $8K in total revenue in fiscal year 2020. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE CORPORATION IS A NON-PROFIT ORGANIZATION LOCATED IN THE HEART OF HARLEM, NY AND FOUNDED ON THE PRICIPLE THAT RIGOROUS MARTIAL ARTS TRAINING IS A PATHWAY TO PHYSICAL,SOCIAL AND MENTAL HEALTH. OUR PUBLIC OBJECTIVE IS TWOFOLD: WE SUPPORT AND DEVELOP TOURNAMENT ATHLETES AS A MEANS TO PROMOTE PEACE AND UNDERSTANDING THROUGH DOMESTIC AND INTERNATIONAL COMPETITION AS WELL AS THE COMMITTMENT TO MAINTAIN A DIVERSE AND MULTI-ETHNIC STUDENT BODY BY MAKING OUR PROGRAMS ACCESSIBLE TO ALL REGARDLESS OF SOCIALECONMIC STATUS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $8,481

Program Service Revenue $0

Investment Income $0

Other Revenue $-12

TOTAL REVENUE $8,469

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,089

Other Expenses $10,171

TOTAL EXPENSES $10,171

Year-over-Year Comparison

	2020	2019	Change
Revenue	$8,469	$19,793	-0.6%
Expenses	$10,171	$24,467	-0.6%
Net Income	$-1,702	$-4,674	-0.6%

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

N/A

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
ANDREA WOOD	PRESIDENT	N/A	Director	$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
2020	$8,469	$10,171	$43,152	$-1,702
2019	$19,793	$24,467	$43,653	$-4,674
2018	$113,746	$126,451	$49,778	$-12,705

ONE WORLD TAEKWONDO FOUNDATION INC