Nonprofit · EIN 82-5372906
KARATE FIVE ASSOCIATION INC
Tax-exempt · CORRYTON, TN 37721
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $43,150 | $43,295 | -$145 | $9,371 | $0 | $12,171 |
| December 31, 2024 | 990-EZ | $53,954 | $71,049 | -$17,095 | $12,616 | $300 | $11,990 |
| December 31, 2023 | 990 | $87,422 | $92,734 | -$5,312 | $74,385 | $45,300 | $29,085 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $36,325
- Membership dues
- $6,825
Expenses
- Grants and similar amounts paid
- $20,899
- Compensation of officers, directors and key employees
- $5,950
- Salaries, compensation and benefits (total)
- $5,951
- Other expenses
- $16,445
- Program services (functional)
- $6,480
Balance sheet and other
- Total assets, start of year
- $12,616
- Total assets, end of year
- $9,371
- Total liabilities, end of year
- $0
- Net assets, end of year
- $12,171
- Cash, savings and investments
- $9,371
- Gross receipts
- $43,150
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIE G WILSON | PRESIDENT | 40 | $4,900 |
| MARLENA BEAL | SECRETARY | 20 | $1,050 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIE G WILSON | PRESIDENT | 40 | $3,800 |
| MARLENA BEAL | SECRETARY | 20 | $1,275 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| WILLIE G WILSON | PRESIDENT Trustee or director, Officer | 40 | $2,800 | $0 |
| MARLENA BEAL | SECRETARY Officer | – | $0 | $1,100 |
Address and contacts
- Address (IRS master file)
- 8503 SUNRISE RD, CORRYTON, TN 37721-4720
- In care of
- % WILLIE G WILSON
- Mailing address (990-N for 2020)
- 8503 SUNRISE ROAD, Corryton TN 37721
- Principal officer (990-N for 2020)
- WILLIE G WILSON, 8503 SUNRISE ROAD, CORRYTON TN 37721
- Signed the 990-EZ
- WILLIE G WILSON, PRESIDENT
- Phone
- (865) 719-3869
- Return prepared by
- ACCOUNTS PLUS BUS SOLUTIONS INC
Mission
MARTIAL ARTS TRAINING OUTREACH PROFGRAMS TO STUDENTS
Program accomplishments
- AAERTFExpenses $6,480
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-5372906
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N60)
- Assets (IRS master file)
- $9,371
- Income (IRS master file)
- $43,150
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $43,150 | $43,295 | $9,371 | XML |
| 990-EZ | December 2024 | $53,954 | $71,049 | $12,616 | XML |
| 990 | December 2023 | $87,422 | $92,734 | $74,385 | XML |
| 990 | December 2022 | $85,656 | $96,693 | $67,332 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: WILLIE G WILSON | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: WILLIE G WILSON | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-5372906).
Questions about KARATE FIVE ASSOCIATION INC
- What is the EIN of KARATE FIVE ASSOCIATION INC?
- The employer identification number (EIN) of KARATE FIVE ASSOCIATION INC is 82-5372906.
- Is KARATE FIVE ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to KARATE FIVE ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KARATE FIVE ASSOCIATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of KARATE FIVE ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KARATE FIVE ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of KARATE FIVE ASSOCIATION INC?
- The 990-N for 2020 names WILLIE G WILSON.
- Who are the officers and directors of KARATE FIVE ASSOCIATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $4,900 (WILLIE G WILSON, PRESIDENT).
- How much revenue does KARATE FIVE ASSOCIATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $43,150, expenses of $43,295 and total assets of $9,371 at year end.
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