Nonprofit · EIN 85-2436155
CPTKD ACADEMY INC
Tax-exempt · NEW YORK, NY 10024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $256,141 | $1,776,727 | -$1,520,586 | $3,252,492 | $472 | $3,252,020 |
| December 31, 2023 | 990 | $6,138,479 | $1,687,631 | $4,450,848 | $4,747,848 | $0 | $4,747,848 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $19,170
- Investment income
- $236,971
- Net gain from sales of assets
- $26,104
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $550,316
- Salaries, compensation and benefits (total)
- $609,690
- Professional fundraising fees
- $0
- Legal fees
- $16,212
- Occupancy
- $564,838
- Travel
- $67,897
- Depreciation
- $43,254
- Program services (functional)
- $1,760,515
- Management and general (functional)
- $16,212
Balance sheet and other
- Total assets, start of year
- $4,747,848
- Total assets, end of year
- $3,252,492
- Total liabilities, end of year
- $472
- Net assets, end of year
- $3,252,020
- Land, buildings and equipment
- $1,077,653
- Net assets without donor restrictions
- $3,252,020
- Gross receipts
- $256,141
- Employees
- 11
- Volunteers
- 3
- Year formed
- 2020
- State of legal domicile
- NY
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RODOLFO VALENZUELA | INSTRUCTOR Highest-paid employee | 40 | $169,570 | $12,769 |
| RACHEL ROBIDOUX | OFFICE MANAGER Highest-paid employee | 40 | $137,177 | $12,769 |
| DANN CUENCA | INSTRUCTOR Highest-paid employee | 40 | $131,454 | $12,769 |
| TERESA THROCKMORTON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| WAYNE ROTHBAUM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TODD WIDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICTOR SEITLES | TREASURER Officer | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RODOLFO VALENZUELA | INSTRUCTOR Highest-paid employee | 40 | $145,810 | $12,601 |
| RACHEL ROBIDOUX | OFFICE MANAGER Highest-paid employee | 40 | $111,295 | $12,601 |
| JAMES TAN | INSTRUCTOR Highest-paid employee | 40 | $111,103 | $12,601 |
| DANN CUENCA | INSTRUCTOR Highest-paid employee | 40 | $108,310 | $12,601 |
| TERESA THROCKMORTON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| WAYNE ROTHBAUM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TODD WIDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICTOR SEITLES | TREASURER Officer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 210 WEST 77TH STREET, NEW YORK, NY 10024-6652
- In care of
- % VICTOR SEITLES
- Principal officer (990 for 2024)
- TERESA THROCKMORTON, 210 WEST 77TH STREET, NEW YORK, NY 10024
- Signed the 990
- VICTOR SEITLES, TREASURER
- Phone
- (212) 419-4810
- Website
- WWW.CPTKD.COM
- Return prepared by
- ERNST & YOUNG US LLP
Mission
CPTKD ACADEMY (THE 'ACADEMY') IS ORGANIZED TO ADVANCE EDUCATION BY OPERATING A SCHOOL FOR MARTIAL ARTS EDUCATION. THE ACADEMY FOCUSES ON EACH STUDENT'S INDIVIDUAL DEVELOPMENT, WITH THE GOAL OF IMPROVING EACH STUDENT'S SKILLS AND CAPABILITIES.
Program accomplishments
- AS PART OF THE PROGRAM, THE ACADEMY PROVIDES STUDENTS INSTRUCTION ON VARIOUS ELEMENTS OF TAEKWONDO, A KOREAN MARTIAL ART CHARACTERIZED BY SPECIFIC FORMS OF KICKS, BLOCKS, STRIKES, AND STANCES. THE ACADEMY'S CURRICULUM IS BASED ON TEACHING, PRACTICING, AND TESTING THESE SPECIFICFORMS, ALONG WITH OTHER SKILLS AND TECHNIQUES, SUCH AS FITNESS AND AGILITY. IN ADDITION, THE CURRICULUM ALSO FOCUSES ON THE IMPORTANCE OF CHARACTER AND KEY PHILOSOPHIES RELATED TO TAEKWONDO, SUCH AS INTEGRITY, COURTESY, AND PERSEVERANCE.Expenses $1,760,515 · revenue $19,170
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 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-2436155
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $3,252,492
- Income (IRS master file)
- $256,141
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $256,141 | $1,776,727 | $3,252,492 | XML |
| 990 | December 2023 | $6,138,479 | $1,687,631 | $4,747,848 | XML |
| 990 | December 2022 | $884,321 | $1,014,438 | $297,000 | IRS |
| 990 | December 2021 | $1,618,282 | $1,217,833 | $427,117 | IRS |
| 990 | December 2020 | – | – | – | 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 85-2436155).
Questions about CPTKD ACADEMY INC
- What is the EIN of CPTKD ACADEMY INC?
- The employer identification number (EIN) of CPTKD ACADEMY INC is 85-2436155.
- Is CPTKD ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to CPTKD ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CPTKD ACADEMY 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 CPTKD ACADEMY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CPTKD ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CPTKD ACADEMY INC?
- The 990 for the year ended December 31, 2024 names TERESA THROCKMORTON.
- Who are the officers and directors of CPTKD ACADEMY INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 3 received compensation from the organization, the highest $169,570 (RODOLFO VALENZUELA, INSTRUCTOR).
- How much revenue does CPTKD ACADEMY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $256,141, expenses of $1,776,727 and total assets of $3,252,492 at year end.
Other nonprofits in NEW YORK
- NEW YORK UNIVERSITY EIN 13-5562308 · last filed 990 for 2025
- TRUSTEES OF COLUMBIA UNIVERSITY EIN 13-5598093 · last filed 990 for 2025
- ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI EIN 13-6171197 · last filed 990 for 2024
- CITY UNIVERSITY CONSTRUCTION FUND EIN 13-2587538 · last filed 990 for 2025
- COLLEGE BOARD EIN 13-1623965 · last filed 990 for 2024
- ANDREW W MELLON FOUNDATION EIN 13-1879954 · last filed 990-PF for 2024
- NYC SCHOOL SUPPORT SERVICES INC EIN 81-2621466 · last filed 990 for 2025
- AMERICAN UNIVERSITY OF BEIRUT EIN 13-5596846 · last filed 990 for 2025