To provide a supportive, empowering, and effective after school curriculum and summer camp program

501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
$135K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $16K a year · 4% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$135K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Liabilities
$244K
225% of total assets
Concern: liabilities are 225% of assets; over 80%.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$540K
-9% vs prior year
Spent
$575K
To programs
51%
Net assets
−$136K
By yearFY2020–FY2025
Revenue
$540K
FY2024▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$174K
FY2021$166K
FY2022$368K
FY2023$593K
FY2024$540K
FY2025$580K
Expenses
$575K
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$199K
FY2021$224K
FY2022$355K
FY2023$615K
FY2024$575K
FY2025$549K
Net assets
−$136K
FY2024▼ -35%
Tap a bar for its year
Net assets by fiscal year
FY2020−$37K
FY2021−$57K
FY2022$0
FY2023−$101K
FY2024−$136K
FY2025−$105K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $292K Management & general 49% · $284K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $135K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$60,000Pt VII · Sec A
$50,000Pt VII · Sec A
Treasurer
$24,700Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Sharon Chambers’s $61K as Executive Director is at the 53rd percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sharon Chambers$60,692$60,000$60,000$43,401—$30,000
Dennis Chambers$50,692$50,000$50,000$53,123$59,615$40,385
Katryn Ganpat—$24,700$24,700$22,985$3,845$4,999
Edwin Victor———$4,395——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers supportive after-school and summer programs for youth development.

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Provided by the organization

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2 programs · $292K · in their own filed words · FY2024
01

Zmi foundation after school program is geared to serve as educational support for children at every level. The tae kwon do values implemented by our sister tae kwon do studio, zen masters, is at the heart of our after school program.

$292Kprogram expense
02

Zmi foundation summer camp is designed to provide a safe and educational environment for children during the summer months when they are most vulnerable to misguided behavior due to limited structure of their daily routines.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$540K
Ln 12
Fees for servicesLn 2g$509K
Gifts and grantsLn 1h$24K
Other incomeLn 4–11$6K
Money outPt IX
$575K
Ln 25
Programscol B$292K
Managementcol C$284K
Owns and owesPt X
−$136K
net assets · Ln 32
Total assetsLn 16$108K
LiabilitiesLn 26$244K
PeoplePt VI, VII
4
listed · VII A
PaidVII A3
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$24K
Fees for servicesLn 2g$509K
Other incomeLn 4–11$6K
Total revenueLn 12$540K
Assets in detailPt X, end of year
Land, buildings, equipmentLn 10c$84K
Total assetsLn 16$108K
LiabilitiesLn 26$244K
Net assetsLn 32−$136K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Land, buildings, equipmentLn 10c$91K$84K
Total assetsLn 16$135K$108K
LiabilitiesLn 26$235K$244K
Net assetsLn 32−$101K−$136K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$135K$135K
Other salaries and wagesLn 7$56K$56K
Payroll taxesLn 10$32K$9K$22K
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$26K$26K
OccupancyLn 16$65K$35K$30K
TravelLn 17$24K$19K$6K
InterestLn 20$8K$8K
InsuranceLn 23$7K$2K$6K
Other expenses (24a–d)Ln 24$211K$163K$49K
All other expensesLn 24e$5K$5K
Total functional expensesLn 25$575K$292K$284K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $580K$549K$31K−$105K 990 PDF
FY2024 Viewing $540K$575K−$35K−$136K 990 PDF
FY2023 $593K$615K−$22K−$101K 990 PDF
FY2022 $368K$355K$14K$0 990 PDF
FY2021 $166K$224K−$57K−$57K 990 PDF
FY2020 $174K$199K−$24K−$37K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $540,233 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $30,300$24,380
I-9 Program service revenuePrior year $559,132$509,493
I-10 Investment incomePrior year $8$0
I-11 Other revenuePrior year $4,000$6,360
I-12 Total revenuePrior year $593,440$540,233
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $204,509$222,588
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $410,735$352,684
I-18 Total expensesPrior year $615,244$575,272
I-19 Revenue less expensesPrior year −$21,804−$35,039
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $540,233 across 5 lines filed
VIII-1f All other contributions, gifts and grants$24,380
VIII-1h Total contributions, gifts and grants$24,380
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $509,493$509,493
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,360$6,360
VIII-12 Total revenueRelated to mission $515,853 · Unrelated business $0 · Excluded from tax $0$540,233
Part IX · Statement of functional expenses $575,272 across 12 lines filed
IX-5 Pay of current officers, directors and key staffManagement $134,700$134,700
IX-7 Other salaries and wagesPrograms $56,202$56,202
IX-10 Payroll taxesPrograms $9,328 · Management $22,358$31,686
IX-11c Accounting feesManagement $2,310$2,310
IX-12 Advertising and promotionPrograms $3,049$3,049
IX-13 Office expensesManagement $25,920$25,920
IX-16 OccupancyPrograms $35,268 · Management $30,000$65,268
IX-17 TravelPrograms $18,623 · Management $5,521$24,144
IX-20 InterestManagement $8,319$8,319
IX-23 InsurancePrograms $1,534 · Management $5,909$7,443
IX-24 Other expenses (24a–d)Programs $162,518 · Management $48,547$211,065
IX-24e All other expensesPrograms $5,166$5,166
IX-25 Total functional expensesPrograms $291,688 · Management $283,584 · Fundraising $0$575,272
Part X · Balance sheet $108,263 assets, 8 lines filed
X-4 Accounts receivableStart of year $23,858$23,858
X-10c Land, buildings and equipment, netStart of year $91,162$84,405
X-16 Total assetsStart of year $134,952$108,263
X-17 Accounts payable and accrued expensesStart of year $21,428$33,710
X-26 Total liabilitiesStart of year $235,484$243,834
X-27 Net assets without donor restrictionsStart of year −$100,532−$135,571
X-32 Total net assets or fund balancesStart of year −$100,532−$135,571
X-33 Total liabilities and net assetsStart of year $134,952$108,263
Part XI · Reconciliation of net assets −$135,571 net assets at year end
XI-1 Total revenue$540,233
XI-2 Total expenses$575,272
XI-3 Revenue less expenses−$35,039
XI-4 Net assets at start of year−$100,532
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$135,571

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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