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Nonprofit · EIN 87-3288519

FEDERAL TAEKWONDO ASSOCIATION

Tax-exempt · LA QUINTA, CA 92253

Financials

$71K$57K2024
Revenue Expenses · by fiscal year end
Financials of FEDERAL TAEKWONDO ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$71,451$56,636$14,815$14,815–$14,815
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$71,451
Program service revenue
$0
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$670
Other expenses
$55,966
Program services (functional)
$50,862

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$14,815
Total liabilities, end of year
–
Net assets, end of year
$14,815
Cash, savings and investments
$14,815
Gross receipts
$71,451

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
EDWARD SUNGC.E.O10$0
GWAN HEUM ANSECRETARY10$0
HOJAE YONGC.F.O10$0

Address and contacts

Address (IRS master file)
79740 HIGHWAY 111, LA QUINTA, CA 92253-4544
Mailing address (990-N for 2025)
79740 Highway 111, La Quinta CA 92253
Principal officer (990-N for 2025)
Edward Sung, 82449 Grant Drive, Indio CA 92201
Signed the 990-EZ
EDWARD SUNG, C.E.O
Phone
(760) 668-1567
Return prepared by
CERRITOS ACCOUNTANCY CORPORATION

California records

California keeps its own records of charities and corporations. Search them by EIN 87-3288519 or by the name FEDERAL TAEKWONDO ASSOCIATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

The primary purpose of a Taekwondo association is to promote, regulate, and support the practice and developmentof Taekwondo within a local region, United States, or internationally

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Organizing Events and Competitions Hosting local, national, and international tournamentsand demonstrations to foster growth and exposure.
    Expenses $50,862 · grants $50,862

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
87-3288519
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
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Edward Sung
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$71,451$56,636$14,815IRS
990-N for 2023
Officer: EDWARD SUNG
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: EDWARD SUNG
December 31, 2022≤ $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 87-3288519).

Questions about FEDERAL TAEKWONDO ASSOCIATION

What is the EIN of FEDERAL TAEKWONDO ASSOCIATION?
The employer identification number (EIN) of FEDERAL TAEKWONDO ASSOCIATION is 87-3288519.
Is FEDERAL TAEKWONDO ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to FEDERAL TAEKWONDO ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FEDERAL TAEKWONDO ASSOCIATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FEDERAL TAEKWONDO ASSOCIATION 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 FEDERAL TAEKWONDO ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of FEDERAL TAEKWONDO ASSOCIATION?
The 990-N for 2025 names Edward Sung.
Who are the officers and directors of FEDERAL TAEKWONDO ASSOCIATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does FEDERAL TAEKWONDO ASSOCIATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $71,451, expenses of $56,636 and total assets of $14,815 at year end.

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