INTERNATIONAL SHOTOKAN KARATE FEDERATION (EIN 222546669) - 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

1977

Legal Domicile

Principal Officer

HIROYOSHI OKAZAKI

Phone

2152229382

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL SHOTOKAN KARATE FEDERATION, founded in 1977, is a small nonprofit in the Recreation & Sports sector that reported $415K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THE PROMULGATION OF TRADITIONAL SHOTOKAN KARATE-DO THROUGHOUT THE WORLD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,149

Program Service Revenue $390,218

Investment Income $0

Other Revenue $0

TOTAL REVENUE $415,367

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,502

Fundraising Expenses $0

Program Expenses $164,151

Other Expenses $238,298

TOTAL EXPENSES $427,800

Year-over-Year Comparison

	2023	2022	Change
Revenue	$415,367	$342,885	+0.2%
Expenses	$427,800	$370,071	+0.2%
Net Income	$-12,433	$-27,186	-0.5%

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

Volunteers

100

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

$154,185

Total Directors

$154,185

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MARTIN VAUGHAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
HIROYOSHI OKAZAKI	CHAIRMAN	40.00	Officer Director	$94,602	$0	$94,602
LOIS LUZI	SECRETARY	40.00	Officer Director	$59,583	$0	$59,583
DANIEL BATT	TREASURER	10.00	Officer 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
2024	No data	No data	No data	No data
2023	$415,367	$427,800	$6,000	$-12,433
2022	$342,885	$370,071	$15,791	$-27,186
2021	$197,891	$178,966	$31,258	$18,925
2020	$202,949	$211,585	$10,110	$-8,636
2019	$516,452	$539,667	$18,747	$-23,215
2018	$530,679	$562,869	$29,797	$-32,190

INTERNATIONAL SHOTOKAN KARATE FEDERATION