ISSHIN RYU CLUB INC

EIN: 850412285 501(c)(3) Crime & Legal

ALBUQUERQUE, NM

Total Revenue
$345,484
Total Expenses
$109,100
Total Assets
$308,789
Net Assets
$306,635
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NM
Principal Officer
BARBARA EDMON
Phone
5059108801
Tax Period
2019-07-01 to 2020-06-30

ISSHIN RYU CLUB INC, founded in 1993, is a small nonprofit in the Crime & Legal sector that reported $345K in total revenue in fiscal year 2019. Revenue surged 372% from the prior year, signaling strong growth momentum. The organization ran a surplus of $236K, a strong 68% operating margin.

Mission

PROVIDE EDUCATIONAL, RECREATIONAL, AND ENRICHMENT ACTIVITIES TO RAISE THE LEVEL OF CONSCIOUSNESS AND SELF ESTEEM OF THE ALBUQUERQUE YOUTH WHO LIVE IN OR ATTEND SCHOOL IN HIGH CRIME AREAS.

Program Service Accomplishments

Program 1
Expenses: $63,384

THE ORGANIZATION CONTINUES TO ENHANCE THE QUALITY OF LIFE OF ITS PARTICIPANTS THROUGH EDUCATION AND RECREATIONAL ACTIVITIES FOR THE ENTIRE FAMILY. THE STUDENTS ACQUIRE SKILLS DURING CLASS AND ATTEND...

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $27,881
Program Service Revenue $0
Investment Income $316,270
Other Revenue $1,333
TOTAL REVENUE $345,484

Expense Breakdown

Grants Paid $1,150
Salaries & Benefits $49,086
Fundraising Expenses $0
Program Expenses $63,384
Other Expenses $58,864
TOTAL EXPENSES $109,100

Year-over-Year Comparison

2019 2018 Change
Revenue $345,484 $73,186 +3.7%
Expenses $109,100 $71,352 +0.5%
Net Income $236,384 $1,834 +127.9%
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

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
34

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
5
$17,952
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON DIXON PRESIDENT 2.00
Officer Director
$0 $0 $0
GREG LIVINGSTON VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
RENEE R GRUNDY SECREATRY 2.00
Officer Director
$0 $0 $0
WANDA SHARTS TREASURER 2.00
Officer Director
$0 $0 $0
BARBARA EDMON EXECUTIVE DIRECTOR 40.00
Officer
$17,952 $0 $17,952
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 $345,484 $109,100 $308,789 $236,384
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