Downtown Boxing Gym Youth Program
EIN: 275106242 · Detroit, MI · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $9.6M |
| Total Expenses | $3.5M |
| Net Assets | $7.1M |
Is Downtown Boxing Gym Youth Program Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Boxing Gym Youth Program
Downtown Boxing Gym Youth Program (EIN: 275106242) is a nonprofit organization based in Detroit, MI, classified under NTEE code N60. The organization reported total revenue of $9.6M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Boxing Gym Youth Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Boxing Gym Youth Program is a mid-size nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 43.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $7.6M |
| Total Liabilities | $532K |
| Net Assets | $7.1M |
| Operating Margin | 22.9% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 25.9 months |
Financial Health Grade: A
In 2023, Downtown Boxing Gym Youth Program reported a surplus of $1.1M with revenue exceeding expenses, holds 25.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.0% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Downtown Boxing Gym Youth Program's revenue has grown at a compound annual growth rate (CAGR) of 43.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.3% | +5.7% | +19.0% |
| 2022 | -14.4% | +24.4% | -2.0% |
| 2021 | +33.3% | +5.3% | +26.9% |
| 2020 | +7.0% | +30.3% | +11.0% |
| 2019 | -22.0% | +35.0% | +25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Boxing Gym Youth Program 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 Downtown Boxing Gym Youth Program 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 surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.0%.
Frequently Asked Questions about Downtown Boxing Gym Youth Program
Is Downtown Boxing Gym Youth Program a legitimate charity?
Downtown Boxing Gym Youth Program (EIN: 275106242) is a registered tax-exempt nonprofit based in Michigan. It has 11 years of IRS 990 filings on record. Total revenue: $9.6M. No red flags identified. Financial health grade: A.
How does Downtown Boxing Gym Youth Program spend its money?
Downtown Boxing Gym Youth Program reported $9.6M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Downtown Boxing Gym Youth Program tax-deductible?
Downtown Boxing Gym Youth Program is registered as a tax-exempt nonprofit (EIN: 275106242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Boxing Gym Youth Program located?
Downtown Boxing Gym Youth Program is headquartered in Detroit, Michigan and files with the IRS under EIN 275106242. It is classified under NTEE code N60.
How many years of IRS 990 filings does Downtown Boxing Gym Youth Program have?
Downtown Boxing Gym Youth Program has 11 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 $9.6M in total revenue.
Filing History
IRS 990 filing history for Downtown Boxing Gym Youth Program showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Downtown Boxing Gym Youth Program's revenue has grown by 3504.3%, moving from $127K to $4.6M. Total assets increased by 15576.6% over the same period, from $49K to $7.6M. Total functional expenses rose by 4022.4%, from $86K to $3.5M. In its most recent filing year (2023), Downtown Boxing Gym Youth Program reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $532K in liabilities against $7.6M in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $7.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $3.5M | $7.6M | $532K | — | — |
| 2022 | $3.5M | $3.3M | $6.4M | $369K | — | — |
| 2021 | $4.1M | $2.7M | $6.5M | $394K | — | View 990 |
| 2020 | $3.1M | $2.6M | $5.2M | $460K | — | — |
| 2019 | $2.9M | $2.0M | $4.6M | $382K | — | View 990 |
| 2018 | $3.7M | $1.5M | $3.7M | $353K | — | View 990 |
| 2017 | $1.3M | $1.1M | $1.5M | $373K | — | View 990 |
| 2016 | $787K | $627K | $1.4M | $381K | — | View 990 |
| 2015 | $904K | $360K | $1.2M | $390K | — | View 990 |
| 2014 | $428K | $158K | $305K | $13K | — | View 990 |
| 2013 | $127K | $86K | $49K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $3.5M, and assets of $7.6M (revenue +31.3% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.3M, and assets of $6.4M (revenue -14.4% year-over-year).
- 2021: Revenue of $4.1M, expenses of $2.7M, and assets of $6.5M (revenue +33.3% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.6M, and assets of $5.2M (revenue +7.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.0M, and assets of $4.6M (revenue -22.0% year-over-year).
- 2018: Revenue of $3.7M, expenses of $1.5M, and assets of $3.7M (revenue +183.2% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $1.5M (revenue +64.5% year-over-year).
- 2016: Revenue of $787K, expenses of $627K, and assets of $1.4M (revenue -12.9% year-over-year).
- 2015: Revenue of $904K, expenses of $360K, and assets of $1.2M (revenue +111.3% year-over-year).
- 2014: Revenue of $428K, expenses of $158K, and assets of $305K (revenue +236.2% year-over-year).
- 2013: Revenue of $127K, expenses of $86K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Boxing Gym Youth Program:
Data Sources and Methodology
This transparency report for Downtown Boxing Gym Youth Program 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.