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USA Taekwondo Inc

EIN 68-0587171 · Colorado Springs, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair65 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE PURPOSE OF USA TAEKWONDO SHALL BE TO ENABLE UNITED STATES ATHLETES TO ACHIEVE SUSTAINED COMPETITIVE EXCELLENCE IN THE SPORT OF TAEKWONDO IN THE UNITED STATES AND TO SERVE AS THE NATIONAL GOVERNING BODY FOR THE SPORT OF TAEKWONDO UNDER THE AUTHORITY OF THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC) AS SET OUT BELOW. FURTHERMORE, USAT IS COMMITTED TO PROVIDING THE NECESSARY PROGRAMS, SERVICES AND SUPPORT FOR ALL TAEKWONDO PARTICIPANTS BY PROVIDING A SAFE AND POSITIVE ENVIRONMENT AS WELL AS DEMONSTRATING THE HIGH ATHLETIC SKILL, SELF-DISCIPLINE, HUMILITY, INDOMITABLE SPIRIT AND EXPRESSION OF OLYMPIC IDEALS REQUIRED TO EXCEL IN THE SPORT. USAT ENVISIONS A WORLD WHERE TAEKWONDO PARTICIPANTS OF ALL LEVELS HAVE THE NECESSARY PROGRAMS, SERVICES, SUPPORT AND TRAINING TO ACHIEVE EXCELLENCE IN THE SPORT AND THAT USAT IS SEEN AS THE PREMIER BENCHMARK FOR THE DEVELOPMENT OF TAEKWONDO AS AN OLYMPIC SPORT, METHOD OF SELF-DEFENSE, FORM OF RECREATION AND WAY OF LIFE.

Income
$6.3 million
Spending
$5.4 million
Spent on programs
91%
Reserves
1.3 months of spending
Largest source of income
fees for its services, 61%
Employees
12
Volunteers
100
Highest pay
$156,369, chief executive officer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 65 out of 100. Higher than 33% of charities in its peer group (recreation and sports, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.3 months of spending.

  • Debt

    10 of 20

    It owes 44% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 14% of income.

  • Income trend

    15 of 15

    Income rose 7% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 82% of charities in its peer group (recreation and sports, $1m to $10m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $2.8 million spent. HIGH PERFORMANCE PROGRAMS - USA TAEKWONDO HAS ENTERED INTO A HIGH PERFORMANCE DEVELOPMENT AGREEMENT WITH THE UNITED STATES PERFORMANCE CENTER TO CREATE A NATIONAL PERFORMANCE, TRAINING, AND SPORT CENTER TO PROVIDE STATE-OF-THE-ART ATHLETIC TRAINING, TESTING, ASSESSMENT, EVALUATION, AND MORE. USA TAEKWONDO HOSTS FIRST-CLASS TRAINING CAMPS AND DEVELOPMENT PROGRAMS FOR ALL LEVELS OF ATHLETES, COACHES, AND OFFICIALS TO ADVANCE THEIR SKILLS AND TO PREPARE THEM FOR DOMESTIC AND INTERNATIONAL COMPETITIONS. USA TAEKWONDO ALSO HOSTS IN-HOUSE COMPETITION EVENTS: FOCUSED, INTENSE AND HIGH QUALITY, STREAMED LIVE TO DELIVER ACCESS AND EXPOSURE TO TOP-LEVEL TAEKWONDO. USA TAEKWONDO LAUNCHED USA TAEKWONDO UNIVERSITY (USATKDU) IN 2021 AND HAS SINCE CONTINUED TO ENHANCE THE SERVICES AVAILABLE. USATKDU TEACHES CUTTING-EDGE MODERN METHODS OF SPORT TAEKWONDO AND PREPARES ATHLETES FOR THE RIGORS OF INTERNATIONAL COMPETITION AND ACADEMY LIFE. USATKDU OFFERS FIVE DEGREE COURSES OF INCREASING DIFFICULTY WHICH HAVE VARYING PRICE RANGES FOR THE SERVICES PROVIDED.
  2. $1.6 million spent. NATIONAL & INTERNATIONAL EVENTS - APPROXIMATELY 4,000 ATHLETES PARTICIPATED IN DOMESTIC AND INTERNATIONAL COMPETITIONS THROUGHOUT THE YEAR. AN ADDITIONAL APPROXIMATELY 1,500 ATHLETES COMPETED AT THE STATE LEVEL IN COMPETITIONS SANCTIONED BY USA TAEKWONDO.
  3. $370,203 spent. MEMBERSHIP - APPROXIMATELY 9,719 INDIVIDUALS AND 574 CLUBS ARE MEMBERS OF USA TAEKWONDO. INDIVIDUAL MEMBERS WERE PROVIDED ACCIDENT INSURANCE COVERAGE AND CLUBS RECEIVE GENERAL LIABILITY INSURANCE AS PART OF THEIR MEMBERSHIP PACKAGES. CLUBS QUALIFY TO HOST SANCTIONED USA TAEKWONDO COMPETITIONS. THE DAN OFFICE PROCESSED APPROXIMATELY 599 DOMESTIC AND INTERNATIONAL CERTIFICATIONS FOR MEMBERS AND NON-MEMBERS.
  4. $54,761 spent. MEDIA - THIS PROGRAM EXISTS TO SHOWCASE THE USA TAEKWONDO PROGRAMS, INCREASE THE VISIBILITY OF THE BRAND, BRING PEIOPLE TO THE SPORT AND TO PROMOTE THE SPORT AND USA TAEKWONDO ACADEMY TEAM THROUGH DIGITAL CONTENT.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2004.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.