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Nonprofit · EIN 45-5366248

ATLANTA KARATE INC

Tax-exempt · ATHENS, GA 30607

Financials

$100K$97K2022$116K$112K2023$126K$117K2024
Revenue Expenses · by fiscal year end
Financials of ATLANTA KARATE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-EZ$126,306$116,868$9,438$26,394–$26,394
September 30, 2024990-EZ$116,278$111,570$4,708$16,957–$16,957
September 30, 2023990-EZ$99,946$96,795$3,151$12,249–$12,249
Financial details: 990-EZ for the year ended September 30, 2025

Revenue

Program service revenue
$126,306

Expenses

Grants and similar amounts paid
$4,800
Compensation of officers, directors and key employees
$88,000
Salaries, compensation and benefits (total)
$88,000
Professional fees and payments to contractors
$12,340
Other expenses
$11,728
Program services (functional)
$108,716

Balance sheet and other

Total assets, start of year
$16,956
Total assets, end of year
$26,394
Total liabilities, end of year
–
Net assets, end of year
$26,394
Cash, savings and investments
$26,394
Gross receipts
$126,306

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DOUG STORMTREASURER/DI40$81,500
SHAWN MCELROYPRESIDENT/DI8$6,500
RACHEL GOWENSECRETARY/DI2$0
990-EZ for the year ended September 30, 2024: 3 people
NameTitleHours / weekCompensation
DOUG STORMTREASURER/DI40$84,500
SHAWN MCELROYPRESIDENT/DI8$6,000
RACHEL GOWENSECRETARY/DI2$0
990-EZ for the year ended September 30, 2023: 3 people
NameTitleHours / weekCompensation
DOUG STORMTREASURER/DI40$66,000
SHAWN MCELROYPRESIDENT/DI8$5,000
RACHEL GOWENSECRETARY/DI2$0

Address and contacts

Address (IRS master file)
505 RED BLUFF DR, ATHENS, GA 30607-6579
In care of
% SHAWN MCELROY
Signed the 990-EZ
DOUG STORM, TREASURER/DIRECTOR
Phone
(404) 643-5531
Return prepared by
KASPAR & WHITE CPA PC

Mission

ATLANTA KARATE, INC. PROVIDEDS AFTER SCHOOL CLASSES FOR CHILDREN, SUMMER CAMPS FOR CHILDREN, SELF DEFENSE CLASSES FOR WOMEN, AND MARTIAL ARTS CLASSES FOR THE LOCAL COMMUNITY. ATLANTA KARATE, INC. STRIVES TO COMBINE FUN WITH MORAL AND PHYSICAL FITNESS BY BUILDING AND DEVELOPING SELF CONFIDENCE, SELF CONTROL AND A NON-DEFEATIST ATTITUDE WITHIN THE INDIVIDUAL STUDENT IN A SAFE, EDUCATIONAL ENVIRONMENT.

990-EZ for the year ended September 30, 2025

Program accomplishments

  • ATLANTA KARATE, INC. STRIVES TO TEACH STUDENTS, 1ST GRADE ELEMENTARY AGE AND OLDER, THE BENEFITS OF MARTIAL ARTS WHILE INSTILLING CONFIDENCE, SELF CONTROL AND A NON-DEFEATISIT ATTITTUDE. OUR PROGRAM HAS NOW EXPANDED TO 8 SCHOOLS AND OVER 180 STUDENTS PER WEEK DURING THE SCHOOL YEAR. WE ALSO PROVIDE SUMMER DAY CAMPS FOR STUDENTS,AS WELL AS SELF DEFENSE CLASSES FOR WOMEN.
    Expenses $108,716

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-EZ on file
2023September 30, 2024February 17, 2025990-EZ on file

IRS record

EIN
45-5366248
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,394
Income (IRS master file)
$126,306

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZSeptember 2025$126,306$116,868$26,394XML
990-EZSeptember 2024$116,278$111,570$16,957XML
990-EZSeptember 2023$99,946$96,795$12,249XML
990-EZSeptember 2022–––IRS
990-EZSeptember 2021–––IRS
990-EZSeptember 2020–––IRS
990-EZSeptember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-5366248).

Questions about ATLANTA KARATE INC

What is the EIN of ATLANTA KARATE INC?
The employer identification number (EIN) of ATLANTA KARATE INC is 45-5366248.
Is ATLANTA KARATE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to ATLANTA KARATE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ATLANTA KARATE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ATLANTA KARATE INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ATLANTA KARATE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
Who are the officers and directors of ATLANTA KARATE INC?
The 990-EZ for the year ended September 30, 2025 lists 3 people; 2 received compensation from the organization, the highest $81,500 (DOUG STORM, TREASURER/DI).
How much revenue does ATLANTA KARATE INC have?
On its 990-EZ for the year ended September 30, 2025 it reported revenue of $126,306, expenses of $116,868 and total assets of $26,394 at year end.

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