Taekwondo Committee Admin Club (EIN 842185179) - 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

Principal Officer

Robert E Stone III

Phone

7702372121

Tax Period

2024-09-01 to 2025-08-31

Taekwondo Committee Admin Club, founded in 2019, is a small nonprofit that reported $170K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $873K exceeded revenue, resulting in a 413% operating deficit.

Mission

To serve amateur Taekwondo athletes, which is accomplished by conducting competitive events such as the National AAU Taekwondo Championship. We currently serve approximately 20,000 registered athletes in several regions throughout the US. Revenues reported here were those obtained through conducting the National Championship event.

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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 $0

Program Service Revenue $170,302

Investment Income $0

Other Revenue $0

TOTAL REVENUE $170,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $858,006

Other Expenses $872,967

TOTAL EXPENSES $872,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$170,302	$1,714,241	-0.9%
Expenses	$872,967	$1,640,344	-0.5%
Net Income	$-702,665	$73,897	-10.5%

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

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 E Stone III	National Chair	5.00	Officer Director	$0	$0	$0
Joe Hasan	Director	2.00	Director	$0	$0	$0
Ryan Andrachik	Committee Member	2.00	Director	$0	$0	$0
Antoinette Chavez	Committee Member	2.00	Director	$0	$0	$0
David Turnbull	Committee Member	2.00	Director	$0	$0	$0
David McClusky	Committee Member	2.00	Director	$0	$0	$0
Thac Nguyen	Committee Member	2.00	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
2025	$170,302	$872,967	No data	$-702,665
2024	$1,714,241	$1,640,344	$703,256	$73,897
2023	$1,530,865	$1,607,303	$395,599	$-76,438
2023	$1,532,550	$1,364,716	$634,027	$167,834
2022	$1,099,910	$997,517	$471,599	$102,393
2021	$799,282	$519,434	$358,541	$279,848

Taekwondo Committee Admin Club