World Tang Soo Do Association


World Tang Soo Do Association

This was considered to be a great political achievement, to bring strength and prominence to the Korean government in International politics. True Martial Arts lovers had no place within these Tae Kwon Do dojangs to continue to pursue traditional martial arts because they abandoned many valuable aspects of true Martial Arts to become a simple competitive sport

Organization Type:
National Trade or Professional Association
Acronym:
WTSDA
Tax Exempt Status:
501(c)(3)
Industry:
Nonprofit, Sports/Leisure/Entertainment
Address:
2436 Hanford Rd.
Burlington, NC 27215
Telephone:
Fax:
Staff:
9
Volunteers:
1,000


Financial Snapshot

 

Total revenues: $1,225,364


Year - 2017
1st-yr growth
-18.70%
 
 
 
 
 
Year by Year
Revenue
 
Program service revenue
 
Income from sales of inventory
 
Investment income

Total expenses: $1,259,322


Year - 2017
1st-yr growth
-9.18%
 
 
 
 
 
Year by Year
Expenses
 
Conferences, conventions, meetings
 
Compensation for non-officers/directors
 
Occupancy
 
Other

Total assets: $719,344


Year - 2017
1st-yr growth
-4.01%
 
 
 
 
 
Year by Year
Assets
 
Cash -- non-interest bearing
 
Accounts receivable
 
Inventories for sale or use
 
Other

Total Liabilities: $21,575


Year - 2017
1st-yr growth
30.97%
 
 
 
 
 
Year by Year
Liabilities
 
Accounts payable and accrued expenses
 
Other liabilities

   Revenue:

Revenue: Amount ($)
Program service revenue 1,190,684
Income from sales of inventory 32,211
Investment income 2,469
Royalties 0
Sales of non-inventory assets 0
Net rental income 0
Miscellaneous revenue 0
Gaming income 0
Tax-exempt bond proceeds 0
Fundraising income 0
Total contributions 0
Total Revenue:

$1,225,364

1-yr growth
-18.70%
Program service revenue
Income from sales of inventory
Investment income

   Expenses:

Expenses: Amount ($)
Conferences, conventions, meetings 584,372
Compensation for non-officers/directors 188,277
Occupancy 100,007
Compensation of current officers, directors, etc 99,750
Grants to governments/orgs in the US 87,282
Other expenses 71,341
Office expenses 64,040
Payroll taxes 22,902
Travel 16,463
Other employee benefits 10,567
Accounting fees 6,270
Advertising and promotion 3,986
Other fees 2,391
Legal fees 1,674
Travel/entertainment expenses to public officials 0
Information technology 0
Royalties 0
Lobbying fees 0
Professional fundraising fees 0
Investment management fees 0
Management fees 0
Pension plan contributions 0
Grants to individuals in the US 0
Grants to orgs and individuals outside the US 0
Benefits paid to or for members 0
Compensation of disqualified persons 0
Interest expense 0
Payments to affiliates 0
Depreciation, depletion, amortization 0
Insurance 0
Total Expenses:

$1,259,322

1-yr growth
-9.18%
Conferences, conventions, meetings
Compensation for non-officers/directors
Occupancy
Compensation of current officers, directors, etc
Grants to governments/orgs in the US
Other expenses
Office expenses
Payroll taxes
Travel
Other employee benefits
Others

   Assets:

Assets: Amount ($)
Cash -- non-interest bearing 390,217
Accounts receivable 146,595
Inventories for sale or use 117,650
Savings and temporary cash investments 64,882
Receivables from officers, directors, etc. 0
Receivables from disqualified persons 0
Notes and loans receivables 0
Program-related investments 0
Intangible assets 0
Investments in other securities 0
Prepaid expenses or deferred charges 0
Investments in publicly traded securities 0
Other assets 0
Pledges and grants receivable 0
Land, buildings, & equipment (net) 0
Total Assets:

$719,344

1-yr growth
-4.01%
Cash -- non-interest bearing
Accounts receivable
Inventories for sale or use
Savings and temporary cash investments

   Liabilities:

Liabilities: Amount ($)
Accounts payable and accrued expenses 18,723
Other liabilities 2,852
Deferred revenue 0
Tax-exempt bond liabilities 0
Escrow or custodial account liability 0
Loans and other payables to officers, directors, etc. 0
Secured mortgages and notes payabl 0
Unsecured mortgages and notes payable 0
Grants payable 0
Total Liabilities:

$21,575

1-yr growth
30.97%
Accounts payable and accrued expenses
Other liabilities

   Net Assets:

Net Assets: Amount ($)
Unrestricted net assets 0
Temporarily restricted net assets 0
Permanently restricted net assets 0
Total Net Assets:

$0

1-yr growth
0%

Key Staff

  
Name Ascending
Title 
Function 
Add Prospect 
Master Dan Farrelly Chairman, Web Committee and Web master Board Member, Computer/Information Technology ...X
Master Jim Mars Contact, Communications Communications/Public Relations ...X
Robert E. Beaudoin Grandmaster Administration ...X

Meetings/Conferences

Year Descending
Name 
Location 
Facility 
From 
To 
Attendance 
Exhibitors 
Facility Amenities 
  This organization has no meetings information available.
 

Publications

Name 
Frequency 
Advertising 
  This organization has no publication data available.
 

Recent Lobbying Spending

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

2018 Q4: $0
2018 Q3: $0
2018 Q2: $0
2018 Q1: $0
2017: $0


PAC Details

Name: -



FEC ID: -



Last updated: -


PAC Contributions

(-)

Outside Representation

Firm Name Ascending
Reg/ Term 
Date 
  This organization has no outside representation data available.
 

Legislative Issue Focus

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

This organization has no legislative issue data available.

Active Legislation

This organization has no active legislation data available.

Contractors

Contractor Ascending
Service Category 
Reported Year Descending
Reported Compensation 
  This organization has no contractors information available.
 

***Disclaimer: This information has been sourced from a combination of the IRS Forms 990, 5500, and the Federal Audit Clearinghouse



 
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