R F Youth Boxing Inc

R F Youth Boxing Inc. faces financial instability with expenses exceeding revenue in multiple recent years, despite zero officer compensation.

EIN: 205488630 · Stamford, CT · NTEE: N40 · Updated: 2026-03-28

$671KRevenue
$282KAssets
65/100Mission Score (Good)
N40
R F Youth Boxing Inc Financial Summary
MetricValue
Total Revenue$671K
Total Expenses$245K
Program Spending80%
Net Assets$-36,077
Transparency Score65/100

Is R F Youth Boxing Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

R F Youth Boxing Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About R F Youth Boxing Inc

R F Youth Boxing Inc (EIN: 205488630) is a nonprofit organization based in Stamford, CT, classified under NTEE code N40. The organization reported total revenue of $671K and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R F Youth Boxing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

R F Youth Boxing Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$148K
Total Expenses$245K
Surplus / Deficit$-96,965
Total Assets$105K
Total Liabilities$141K
Net Assets$-36,077
Operating Margin-65.3%
Debt-to-Asset Ratio134.4%
Months of Reserves5.1 months

Financial Health Grade: C

In 2023, R F Youth Boxing Inc reported a deficit of $97K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 134.4% (high leverage).

Financial Trends

Over 12 years of filings (2011–2023), R F Youth Boxing Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-22.9%+32.4%-49.1%
2022+880.3%+486.8%+2416.4%
2020-61.4%-55.4%-67.7%
2019-53.6%-15.5%-47.5%
2018+9.9%-1.0%+91.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

R F Youth Boxing Inc. demonstrates a fluctuating financial history, with recent years showing a trend of expenses exceeding revenue. For instance, in 2023, expenses were $245,433 against revenues of $148,468, resulting in a significant deficit. This pattern of spending more than it earns, as seen in 2023, 2020, 2019, 2016, and 2013, raises concerns about long-term financial sustainability if not addressed. The organization's assets have also varied considerably, from a low of $8,176 in 2020 to $205,737 in 2022, indicating inconsistent financial growth and stability. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency and dedication to mission, but also potentially points to a lack of professional management capacity as the organization grows. While the lack of officer compensation is a positive for transparency and efficiency, the consistent deficits in several years, particularly the substantial one in 2023, warrant closer examination. The organization's liabilities have also increased significantly in recent years, reaching $140,857 in 2023, which is a substantial portion of its $104,780 in assets for that period. This indicates a potential reliance on debt or deferred payments, which could strain future operations. The NTEE code N40 (Recreational, Sports, Leisure, Athletics) suggests a focus on direct program delivery, and the absence of officer compensation implies that most funds, when available, are likely directed towards these programs. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the top-line figures. Overall, R F Youth Boxing Inc. appears to be a grassroots organization with a strong commitment to its mission, evidenced by zero officer compensation. However, its financial health is inconsistent, marked by periods of significant deficits and growing liabilities. While transparency regarding executive pay is excellent, the overall financial picture suggests a need for improved financial planning and fundraising strategies to ensure long-term viability and consistent program delivery. The organization's ability to manage its expenses relative to its revenue will be critical for its future.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates R F Youth Boxing Inc with a Mission Score of 65 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, R F Youth Boxing Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$148KTotal Revenue
$245KTotal Expenses
$105KTotal Assets
$141KTotal Liabilities
$-36,077Net Assets
  • The organization reported a deficit of $97K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 134.4%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or one where top leadership is not compensated, which is highly efficient for a nonprofit of its size.

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 R F Youth Boxing Inc's IRS 990 filings:

  • Consistent deficits in multiple years (e.g., 2023, 2020, 2019, 2016, 2013) where expenses significantly exceeded revenue.
  • Liabilities ($140,857 in 2023) exceeding assets ($104,780) in the most recent filing, indicating potential solvency issues.
  • Significant fluctuations in revenue and assets year-over-year, suggesting unpredictable funding and financial planning.

Strengths

The following positive indicators were identified for R F Youth Boxing Inc:

  • Zero reported officer compensation across all filings, indicating a highly efficient use of funds regarding executive pay.
  • Long filing history (12 filings) demonstrates consistent operation and compliance with IRS reporting requirements.
  • NTEE code N40 suggests a direct focus on community programs related to youth boxing, aligning with a clear mission.

Frequently Asked Questions about R F Youth Boxing Inc

Is R F Youth Boxing Inc a legitimate charity?

R F Youth Boxing Inc (EIN: 205488630) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $671K. 3 red flags identified. 3 strengths noted. Financial health grade: C.

How does R F Youth Boxing Inc spend its money?

R F Youth Boxing Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to R F Youth Boxing Inc tax-deductible?

R F Youth Boxing Inc is registered as a tax-exempt nonprofit (EIN: 205488630). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of R F Youth Boxing Inc's spending goes to programs?

R F Youth Boxing Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does R F Youth Boxing Inc compare to similar nonprofits?

With a transparency score of 65/100 (Good), R F Youth Boxing Inc is above average for NTEE category N40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is R F Youth Boxing Inc located?

R F Youth Boxing Inc is headquartered in Stamford, Connecticut and files with the IRS under EIN 205488630. It is classified under NTEE code N40.

How many years of IRS 990 filings does R F Youth Boxing Inc have?

R F Youth Boxing Inc has 12 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 $671K in total revenue.

Is R F Youth Boxing Inc. financially stable?

No, the organization has shown significant financial instability, with expenses exceeding revenue in multiple years (e.g., $245,433 expenses vs. $148,468 revenue in 2023) and growing liabilities ($140,857 in 2023).

How does R F Youth Boxing Inc. manage its administrative costs?

The organization reports 0% officer compensation across all filings, suggesting very low administrative overhead related to executive pay. However, a full breakdown of other administrative expenses is not provided in the summary data.

What is the trend in R F Youth Boxing Inc.'s assets?

Assets have fluctuated significantly, from a low of $8,176 in 2020 to a high of $205,737 in 2022, and then down to $104,780 in 2023, indicating inconsistent asset growth and retention.

Are there concerns about R F Youth Boxing Inc.'s liabilities?

Yes, liabilities have increased substantially in recent years, reaching $140,857 in 2023, which is higher than its assets of $104,780 for that period, raising concerns about its financial leverage and ability to meet obligations.

Filing History

IRS 990 filing history for R F Youth Boxing Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), R F Youth Boxing Inc's revenue has grown by 170%, moving from $55K to $148K. Total assets increased by 211.7% over the same period, from $34K to $105K. Total functional expenses rose by 264.5%, from $67K to $245K. In its most recent filing year (2023), R F Youth Boxing Inc reported a deficit of $97K, with expenses exceeding revenue. The organization holds $141K in liabilities against $105K in assets (debt-to-asset ratio: 134.4%), resulting in net assets of $-36,077.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $148K $245K $105K $141K
2022 $192K $185K $206K $145K View 990
2020 $20K $32K $8K $11K View 990
2019 $51K $71K $25K $14K View 990
2018 $110K $84K $48K $17K View 990
2017 $100K $85K $25K $0 View 990
2016 $61K $72K $10K $0 View 990
2015 $92K $82K $21K $0 View 990
2014 $64K $60K $15K $3K View 990
2013 $61K $70K $16K $8K View 990
2012 $98K $98K $29K $12K View 990
2011 $55K $67K $34K $16K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $148K, expenses of $245K, and assets of $105K (revenue -22.9% year-over-year).
  • 2022: Revenue of $192K, expenses of $185K, and assets of $206K (revenue +880.3% year-over-year).
  • 2020: Revenue of $20K, expenses of $32K, and assets of $8K (revenue -61.4% year-over-year).
  • 2019: Revenue of $51K, expenses of $71K, and assets of $25K (revenue -53.6% year-over-year).
  • 2018: Revenue of $110K, expenses of $84K, and assets of $48K (revenue +9.9% year-over-year).
  • 2017: Revenue of $100K, expenses of $85K, and assets of $25K (revenue +64.8% year-over-year).
  • 2016: Revenue of $61K, expenses of $72K, and assets of $10K (revenue -34.2% year-over-year).
  • 2015: Revenue of $92K, expenses of $82K, and assets of $21K (revenue +44.5% year-over-year).
  • 2014: Revenue of $64K, expenses of $60K, and assets of $15K (revenue +4.4% year-over-year).
  • 2013: Revenue of $61K, expenses of $70K, and assets of $16K (revenue -37.4% year-over-year).
  • 2012: Revenue of $98K, expenses of $98K, and assets of $29K (revenue +77.5% year-over-year).
  • 2011: Revenue of $55K, expenses of $67K, and assets of $34K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for R F Youth Boxing Inc:

2023 Filing 2022 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for R F Youth Boxing 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.

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