KARATEDO HONMA DOJO INC (EIN 833104982) - 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

2019

Legal Domicile

Phone

3474130556

Tax Period

2024-01-01 to 2024-12-31

KARATEDO HONMA DOJO INC, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $242K in total revenue in fiscal year 2024.

Mission

Our mission is to bring traditional Japanese martial arts education to New Yorkers of all ages, origins and economic circumstances. To promote self-defense, physical fitness, mental discipline, and cultural appreciation through the practice of traditional Japanese karate.

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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 $38,868

Program Service Revenue $203,268

Investment Income $0

Other Revenue $0

TOTAL REVENUE $242,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,534

Fundraising Expenses $3,306

Program Expenses $234,461

Other Expenses $132,726

TOTAL EXPENSES $242,260

Year-over-Year Comparison

	2024	2023	Change
Revenue	$242,136	$230,965	+0.0%
Expenses	$242,260	$232,534	+0.0%
Net Income	$-124	$-1,569	-0.9%

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

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

$100,700

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MASAHIKO HOMMA	EXECUTIVE DIRECTOR & CHIEF INSTRUCT	40.00	Key Emp	$50,350	$0	$50,350
MARISA HOMMA	COO	40.00	Key Emp	$50,350	$0	$50,350
JOHN LOVRICH	DIRECTOR	1.00	Director	$0	$0	$0
MISHA FOMYTSKYI	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN PETERSON	PRESIDENT	3.00	Officer Director	$0	$0	$0
ANNIE GOTTLIEB	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
A CLARKE ATWELL	TREASURER	1.00	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	$242,136	$242,260	$55,750	$-124
2023	$230,965	$232,534	$45,053	$-1,569
2022	$218,348	$217,591	$45,571	$757

KARATEDO HONMA DOJO INC