Schenectady Youth Boxing & Fitness Inc
- Assets
- $70.9k
- Revenue
- $225.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Albany, NY
- Founding
- 12/2007
- Data as of
- 12/2021
- EIN
- 14-1966867
Organization Overview
Schenectady Youth Boxing & Fitness Inc is located in Albany, NY. The organization was established in 2007. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Schenectady Youth Boxing & Fitness Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schenectady Youth Boxing & Fitness Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Schenectady Youth Boxing & Fitness Inc generated $225.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $156.1k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
UTILIZE BOXING AND PHYSICAL EXCERCISE AS A FORUM FOR TEACHING SELF CONTROL WHILE PROVIDING A SENSE OF BELONGING, POSITIVE SELF ESTEEM AND SOCIAL SKILLS THAT PROMOTE SELF RELIANCE AND A SENSE OF HEALTHY INTER-DEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL EXHIBITION-SUPPLIES,CONSULTANTS AND TRAVEL
TRAINING SUPPLIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Christiana Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,073 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,473 |
| Noncash contributions included in lines 1a–1f | $21,713 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,546 |
| Total Program Service Revenue | $62,262 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $225,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,425 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,551 |
| Advertising and promotion | $3,942 |
| Office expenses | $2,775 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,063 |
| Travel | $484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $80 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,677 |
| Insurance | $6,007 |
| All other expenses | $0 |
| Total functional expenses | $156,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,213 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,150 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $16,833 |
| Investments—publicly traded securities | $12,704 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $70,900 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,531 |
| Total liabilities | $21,531 |
| Net assets without donor restrictions | $49,369 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,900 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Schenectady Youth Boxing & Fitness Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
The Schenectady Foundation Schenectady, NY PURPOSE: PEACEFUL WARRIORS | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspira Inc Of Pennsylvania Philadelphia, PA | $16,896,454 | $35,689,519 |
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Jpc Charities Newark, NJ | $110,330,624 | $14,483,540 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |