NonprofitsGold Medal Karate Inc

Recreation & Sports

Gold Medal Karate Inc

PHILADELPHIA, PA

Total revenue

$4.5M

Total expenses

$4.1M

Net assets

$429K

Grants received

$80K

2 grants

EIN

233017858

Tax year

2023

Mission

Educational, cultural & athletic activities. Mission:educate your body. Strengthen your mind.

Programs

3 programs

Since 1998 zhang sah has provided childcare options with martial arts programming. With options for families who receive state child care subsidy to participate at an otherwise unattainable summer programming, after school programs and day camps at our dhs licensedstar 4 community based locations. Additional programming at our community based sites includesour sport based youth development middle school model,pheaa offcampus work study provider, offering parttime paid work (school year) and fulltime temporary (summer) and career building support to college students who wish to work in our sbyd, education or martial art programs, a comprehensive programmatic inventory of martial arts lessons, which is rooted prominently in the traditional martial art disciplines of tae kwon do, karate do, aikido, and judo. The programmatic inventory offers both progressive matriculating martial arts curricula and effective crosstraining adjuncts for children aged 3 to adults.

Expenses: $937K

Zhang sah provides for 8 phl prek classes serving 80 children through our partnership with philadelphia's office of children and families which is administered by phmc. They provide the highest quality, childcentered, and creative learning environments combined with a unique martial arts curriculum fostering cognitive, social, and physical development. Each prek class implements the creative curriculum, one of the most widely used prek curriculum in the nation. It's comprehensive and researchbased. In addition, through the office of children and families administered by phmc zhang sah operates additional out of school time programming at 4 additional schools and one of our three zhang sah community based sites.

Expenses: $793K

Zhang sah is proud to offer a comprehensive programmatic inventory of martial arts lessons, which is rooted prominently in the traditional martial art disciplines of tae kwon do, karate do, aikido, and judo. The programmatic inventory offers both progressive matriculating martial arts curricula and effective crosstraining adjuncts for children aged 3 to adults.

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Financials

FY 2023

Revenue

Contributions & grants$3.7M
Program service revenue$731K
Investment income
Other revenue$9K
Total revenue$4.5M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising$144K
Other expenses$1.4M
Total expenses$4.1M
Total assets$1.5M
Net assets$429K

People

7 listed

NameRoleCompensation

SALVATORE SANDONE

CEO

Board

$152K

40 hrs/wk

MICHAEL HINCHMAN

TREASURER

Board

2 hrs/wk

HEATHER SAPELBWEYAR

CHAIRPERSON

Board

2 hrs/wk

SARAH KHAN

SECRETARY

Board

2 hrs/wk

PAUL DACOSTA

BOARD MEMBER

Board

2 hrs/wk

MICHAEL HINCHMAN

BOARD MEMBER

Board

2 hrs/wk

FRANCINE STEWART

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$55K
WORK-BASED LEARNING EXPERIENCES AND CAREER AWARENESS PROGRAMS FOR PHILA. YOUTH AGES 12-24.
2023
$25K
GENERAL OPERATIONS
2023

Funded by

$80K from 2 funders · 2 grants · 2023

Jevs Human Services

$55K · 1 grant · 2023

The Pennsylvania Society

$25K · 1 grant · 2023

Details

EIN233017858
NTEE codeN40
Subsection03
Ruling date2000-05
Formed1997
Employees189
Volunteers5
GOLD MEDAL KARATE INC — Mission, Financials & Grants Received | Grantivo