SHOTOKAN KARATE OF AMERICA INC

EIN: 953214144 501(c)(3) Recreation & Sports

Los Angeles, CA

Total Revenue
$1,013,504
Total Expenses
$884,925
Total Assets
$11,248,489
Net Assets
$11,194,571
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Phone
2134370988
Tax Period
2025-01-01 to 2025-12-31

SHOTOKAN KARATE OF AMERICA INC is a community nonprofit in the Recreation & Sports sector that reported $1.0M in total revenue in fiscal year 2025. Expenses of $885K left a modest 13% surplus.

Mission

Teaching of karate (solely as a martial art, not as a sport) and the dissemination of the true meaning of "karate" through any and all means available, including, but not limited to, mailings, lectures, classes, books, and movies.

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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 (2025)

Revenue Breakdown

Contributions & Grants $352,253
Program Service Revenue $110,207
Investment Income $539,044
Other Revenue $12,000
TOTAL REVENUE $1,013,504

Expense Breakdown

Grants Paid $0
Salaries & Benefits $256,185
Fundraising Expenses $0
Program Expenses $733,832
Other Expenses $628,740
TOTAL EXPENSES $884,925

Year-over-Year Comparison

2025 2024 Change
Revenue $1,013,504 $959,050 +0.1%
Expenses $884,925 $783,166 +0.1%
Net Income $128,579 $175,884 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
15
Employees
4
Volunteers
50

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
4
$101,135
Total Directors
15
$101,135
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kei A Teramoto Executive V.P. 30.00
Officer Director
$101,135 $0 $101,135
Tsutomu Ohshima Trainer 40.00
$101,135 $0 $101,135
Dori Sugiyama Administration 25.00
$23,291 $0 $23,291
Kyo Ohsima Trainer 25.00
$12,000 $0 $12,000
Jane Uyeda Director 5.00
Director
$0 $0 $0
Robert Clark Director 1.00
Director
$0 $0 $0
Curt Wvong Treasurer 1.00
Officer Director
$0 $0 $0
David E Altman Director 1.00
Director
$0 $0 $0
Johnson Chung Director 1.00
Director
$0 $0 $0
Hashmat Khan Director 1.00
Director
$0 $0 $0
Manfred Chiu Director 1.00
Director
$0 $0 $0
Yoram Cohen Director 1.00
Director
$0 $0 $0
Gary Shockley Director 1.00
Director
$0 $0 $0
Michael Duray Director 1.00
Director
$0 $0 $0
James Uyeda Director 1.00
Director
$0 $0 $0
Alan O Kazuta Director 1.00
Director
$0 $0 $0
David Lechuga President 1.00
Officer Director
$0 $0 $0
Kitty Gallagher Director 1.00
Director
$0 $0 $0
David Affeld Secretary 1.00
Officer
$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 $1,013,504 $884,925 $11,248,489 $128,579
2024 $959,050 $783,166 $10,835,974 $175,884
2023 $541,805 $719,280 $10,427,840 $-177,475
2022 $2,940,712 $585,529 $9,957,592 $2,355,183
2021 $1,024,243 $502,508 $8,749,443 $521,735
2020 $1,512,093 $488,141 $8,000,195 $1,023,952
2019 $2,118,737 $662,029 $6,577,366 $1,456,708
2018 $1,313,457 $537,020 $5,133,942 $776,437
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