Aiken Boxing Club Inc
EIN: 571023932 · Aiken, SC · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $21K |
| Net Assets | $30K |
Is Aiken Boxing Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aiken Boxing Club Inc
Aiken Boxing Club Inc (EIN: 571023932) is a nonprofit organization based in Aiken, SC, classified under NTEE code N60. The organization reported total revenue of $21K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aiken Boxing Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aiken Boxing Club Inc is a micro nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $21K |
| Surplus / Deficit | $-20 |
| Total Assets | $30K |
| Net Assets | $30K |
| Operating Margin | -0.1% |
| Months of Reserves | 17.1 months |
Financial Health Grade: B
In 2023, Aiken Boxing Club Inc reported a deficit of $20 with expenses exceeding revenue, holds 17.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Aiken Boxing Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | +11.8% | -0.1% |
| 2022 | +0.7% | +0.9% | +0.5% |
| 2021 | -1.0% | +2.3% | +0.6% |
| 2020 | -5.5% | -8.9% | +2.8% |
| 2019 | -41.7% | -13.2% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aiken Boxing Club Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aiken Boxing Club Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20, with expenses exceeding revenue.
Frequently Asked Questions about Aiken Boxing Club Inc
Is Aiken Boxing Club Inc a legitimate charity?
Aiken Boxing Club Inc (EIN: 571023932) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $21K. No red flags identified. Financial health grade: B.
How does Aiken Boxing Club Inc spend its money?
Aiken Boxing Club Inc reported $21K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aiken Boxing Club Inc tax-deductible?
Aiken Boxing Club Inc is registered as a tax-exempt nonprofit (EIN: 571023932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aiken Boxing Club Inc located?
Aiken Boxing Club Inc is headquartered in Aiken, South Carolina and files with the IRS under EIN 571023932. It is classified under NTEE code N60.
How many years of IRS 990 filings does Aiken Boxing Club Inc have?
Aiken Boxing Club Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $21K in total revenue.
Filing History
IRS 990 filing history for Aiken Boxing Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aiken Boxing Club Inc's revenue has declined by 59.4%, moving from $53K to $21K. Total assets increased by 15.5% over the same period, from $26K to $30K. Total functional expenses fell by 60.7%, from $54K to $21K. In its most recent filing year (2023), Aiken Boxing Club Inc reported a deficit of $20, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $21K | $30K | $0 | — | View 990 |
| 2022 | $19K | $19K | $31K | $0 | — | View 990 |
| 2021 | $19K | $19K | $30K | $0 | — | — |
| 2020 | $19K | $19K | $30K | $0 | — | View 990 |
| 2019 | $21K | $20K | $29K | $0 | — | View 990 |
| 2018 | $35K | $23K | $29K | $0 | — | View 990 |
| 2017 | $34K | $34K | $17K | $0 | — | View 990 |
| 2016 | $38K | $37K | $17K | $0 | — | View 990 |
| 2015 | $36K | $37K | $16K | $358 | — | View 990 |
| 2014 | $26K | $26K | $16K | $89 | — | View 990 |
| 2013 | $26K | $33K | $19K | $0 | — | View 990 |
| 2012 | $74K | $69K | $29K | $0 | — | View 990 |
| 2011 | $53K | $54K | $26K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $21K, and assets of $30K (revenue +10.8% year-over-year).
- 2022: Revenue of $19K, expenses of $19K, and assets of $31K (revenue +0.7% year-over-year).
- 2021: Revenue of $19K, expenses of $19K, and assets of $30K (revenue -1.0% year-over-year).
- 2020: Revenue of $19K, expenses of $19K, and assets of $30K (revenue -5.5% year-over-year).
- 2019: Revenue of $21K, expenses of $20K, and assets of $29K (revenue -41.7% year-over-year).
- 2018: Revenue of $35K, expenses of $23K, and assets of $29K (revenue +2.4% year-over-year).
- 2017: Revenue of $34K, expenses of $34K, and assets of $17K (revenue -8.9% year-over-year).
- 2016: Revenue of $38K, expenses of $37K, and assets of $17K (revenue +4.0% year-over-year).
- 2015: Revenue of $36K, expenses of $37K, and assets of $16K (revenue +39.6% year-over-year).
- 2014: Revenue of $26K, expenses of $26K, and assets of $16K (revenue -1.8% year-over-year).
- 2013: Revenue of $26K, expenses of $33K, and assets of $19K (revenue -64.1% year-over-year).
- 2012: Revenue of $74K, expenses of $69K, and assets of $29K (revenue +39.8% year-over-year).
- 2011: Revenue of $53K, expenses of $54K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aiken Boxing Club Inc:
Data Sources and Methodology
This transparency report for Aiken Boxing Club Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.