2025-11-17T11:16:44-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2024-01-01 421541371 WORLD TANG SOO DO FOUNDATION WORL 3362230056 2436 HANFORD ROAD BURLINGTON NC 27215 SANFORD LIPSTEIN TREASURER 2154682121 2025-11-14 1 1 WILLIAM A LOUGHERY P01603932 2156433900 2025-11-14 2024 2025-03-06 01:10:19Z FRANK FATTORI 2436 HANFORD ROAD BURLINGTON NC 27215 1813109 0 X WWW.WTSDA.COM X 2002 NC NURTURE EDUCATIONAL GROWTH AND PROMOTE A POSITIVE INFLUENCE IN OUR COMMUNITIES 7 2 0 50 0 0 62915 85107 0 0 63894 283444 -31176 -17104 95633 351447 58800 110350 0 0 0 0 0 0 9337 21894 26890 80694 137240 14939 214207 4367426 4502961 18778 15778 4348648 4487183 NURTURE THE EDUCATIONAL GROWTH AND DEVELOPMENT VIA ACADEMIC SCHOLARSHIP AND PROMOTE THE IDEAL OF BEING A POSITIVE INFLUENCE AND PRODUCTIVE PARTICIPANT IN THE COMMUNITY. 0 0 110350 110350 0 IN 2024, SCHOLARSHIPS WERE AWARDED TO 37 INDIVIDUALS WHO DEMONSTRATED A HIGH LEVEL OF ACADEMIC PERFORMANCE, STRONG LEADERSHIP QUALITIES, A HISTORY OF SERVING OTHERS THROUGH VOLUNTEERISM AND AN ONGOING COMMITMENT TO UNDERSTANDING THE LIFELONG BENEFITS OF TRAINING IN TANG SOO DO. 110350 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 2 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 1 0 0 0 0 0 X KRISTEN WINSKO 3362230056 2436 HANFORD ROAD BURLINGTON NC 27215 GIDEON LEE COO/CHIEF OF STAFF 1.00 40.00 X X 0 74998 4150 WILLIAM STRONG GRANDMASTER 1.00 30.00 X X 0 26000 0 FRANK FATTORI CEO/PRESIDENT 1.00 20.00 X X 0 35000 0 SANFORD LIPSTEIN CFO/TREASURER 1.00 10.00 X X 0 12000 0 KRISTEN WINSKO CHAIR, LEGAL AFFAIRS COMMITTEE 5.00 15.00 X 0 12000 0 SCOTT THOMPSON CHAIR, SCHOLARSHIP COMMITTEE 1.00 0.00 X 0 0 0 BARBARA BELLINI CHAIR, BUILDING FUND COMMITTEE 1.00 0.00 X 0 0 0 0 159998 4150 0 0 0 0 0 6389 78718 85107 43682 43682 22000 61259 -39259 -39259 -39259 1628799 1389037 239762 239762 239762 7599 6389 7599 0 25922 3767 22155 22155 351447 22155 0 244185 110350 110350 20083 10746 9337 6807 6807 137240 110350 17553 9337 92892 127007 277153 270592 550 98021 95814 2982421 867736 2182751 2114685 1716059 1894863 4367426 4502961 18778 15778 18778 15778 X 4216905 4330187 131743 156996 4348648 4487183 4367426 4502961 214207 -94531 18859 0 X 0 0 0 X 96804 89270 90144 71056 85107 432381 96804 89270 90144 71056 85107 432381 21151 411230 22757 22058 26441 53237 65682 190175 19880 19880 642436 92769 0.64010 0.73130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: THEFT RECOVERY - 2022 AMOUNT: $ 19,880. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 400000 400000 2246348 713273 1533075 324658 143048 181610 11415 11415 0 2114685 DUE TO RELATED PARTY 15778 15778 1 ACADEMIC SCHOLARSHIPS 37 110350 0 PART I, LINE 2: SCHOLARSHIP RECIPIENTS ARE ALL ACTIVE TANG SOO DO STUDENTS AND TYPICALLY CONTINUE THEIR MARTIAL ARTS TRAINING. AS SUCH, THE WORLD TANG SOO DO FOUNDATION MAINTAINS CONTACT WITH ALL RECIPIENTS ENSURING THE PROPER USE OF SCHOLARSHIP FUNDS. GRANT DECISIONS ARE MADE PURSUANT TO A STANDARD APPLICATION, AND A COMMITTEE REVIEW PROCESS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE TREASURER AND GENERAL COUNSEL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. A COPY OF THE COMPLETE FORM 990 IS PROVIDED TO THE FULL BOARD AFTER IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE TREASURER AND GENERAL COUNSEL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. A COPY OF THE COMPLETE FORM 990 IS PROVIDED TO THE FULL BOARD AFTER IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE MEMBERS OF THE BOARD OF DIRECTORS. POTENTIAL CONFLICTS RELATED TO A BOARD OR COMMITTEE ACTION ARE REPORTED TO THE BOARD. THE PERSON HAVING THE CONFLICT OF INTEREST MAY NOT VOTE ON THE MATTER. ANNUAL DISCLOSURE OF CONFLICTS OF INTEREST IS REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL WHO MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF TOP MANAGEMENT OFFICIAL, OFFICER, OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE ORGANIZATION DOES NOT ISSUE FORMAL FINANCIAL STATEMENTS. WORLD TANG SOO DO ASSOCIATION 2436 HANFORD ROAD BURLINGTON NC 27215 222429979 ENHANCE LIVES THROUGH THE TRAINING OF TRADITIONAL TANG SOO DO NC 501(C)(3) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0