Old School Boxing Athletic Center Inc
Old School Boxing Athletic Center Inc operates with minimal revenue and assets, indicating a very small, grassroots operation.
EIN: 205960251 · Washington, DC · NTEE: N99 · Updated: 2026-03-28
Is Old School Boxing Athletic Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Old School Boxing Athletic Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Old School Boxing Athletic Center Inc
Old School Boxing Athletic Center Inc (EIN: 205960251) is a nonprofit organization based in Washington, DC, classified under NTEE code N99. The organization reported total revenue of $38K and total assets of $60 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old School Boxing Athletic Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Old School Boxing Athletic Center Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Old School Boxing Athletic Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Given the organization's total revenue of $37,781, it is highly probable that executive compensation is either non-existent or extremely modest, likely on a volunteer basis or minimal stipend, as is common for very small nonprofits.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Old School Boxing Athletic Center Inc's IRS 990 filings:
- Extremely low assets ($60) relative to revenue, indicating minimal financial reserves.
Strengths
The following positive indicators were identified for Old School Boxing Athletic Center Inc:
- Likely very low overhead due to small scale and limited resources.
- Focus on direct program delivery given the limited financial capacity.
Frequently Asked Questions about Old School Boxing Athletic Center Inc
Is Old School Boxing Athletic Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Old School Boxing Athletic Center Inc (EIN: 205960251) some concerns. Mission Score: 70/100. 1 red flag identified, 2 strengths noted.
How does Old School Boxing Athletic Center Inc spend its money?
Old School Boxing Athletic Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Old School Boxing Athletic Center Inc tax-deductible?
Old School Boxing Athletic Center Inc is registered as a tax-exempt nonprofit (EIN: 205960251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Old School Boxing Athletic Center Inc a good charity?
Based on its extremely small size (revenue $37,781, assets $60), it appears to be a grassroots organization likely focused on direct community impact. Its 'goodness' would depend on the effectiveness of its programs, which cannot be determined from financial data alone, but its financial structure suggests a lean operation.
How does Old School Boxing Athletic Center Inc manage its finances with such low assets?
With only $60 in assets, the organization likely operates on a cash-flow basis, spending funds as they are received. This indicates a very tight financial situation, common for small, volunteer-driven community groups.
Data Sources and Methodology
This transparency report for Old School Boxing Athletic Center 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.