Joe Hand Boxing Gym is located in Feasterville, PA. The organization was established in 1996. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joe Hand Boxing Gym 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 12/2022, Joe Hand Boxing Gym generated $141.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $201.6k during the year ending 12/2022. While expenses have increased by 6.6% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
GYM ENCOURAGES YOUTHS IN THE AREA TO CONSIDER GETTING INVOLVED IN DIFFERENT ATHLETIC ACTIVITIES. THE GYM IS ALSO INVOLVED IN HOSTING THE PENNSYLVANIA EASTERN REGIONAL GOLDEN GLOVES COMPETITION. THE GYM ALSO PROVIDES ACTIVITIES TAILORED FOR PEOPLE WITH PARKINSON'S.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph P Hand III Sec/treas | 0.5 | $0 | |
Joseph P Hand II President | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $49,934 |
Total Program Service Revenue | $49,895 |
Membership dues | $19,846 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $22,031 |
Total Revenue | $141,706 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $67,828 |
Professional fees and other payments to independent contractors | $4,619 |
Occupancy, rent, utilities, and maintenance | $62,904 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $66,270 |
Total expenses | $201,621 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,082 |
Other assets | $0 |
Total assets | $62,574 |
Total liabilities | $66,416 |
Net assets or fund balances | -$3,842 |