Iowa Golden Gloves Foundation
- Assets
- $77.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 10/1969
- Data as of
- 12/2021
- EIN
- 23-7043857
Organization Overview
Iowa Golden Gloves Foundation is located in Des Moines, IA. The organization was established in 1969. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Iowa Golden Gloves Foundation 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, Iowa Golden Gloves Foundation generated $1.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (43.2%) each year. All expenses for the organization totaled $2.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (34.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IOWA AND NATIONAL GOLDEN GLOVES TOURNAMENT EXPENSES ARE FOR MEMBERS AND PUBLIC BENEFITS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $349 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $649 |
| Total Revenue | $1,248 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $375 |
| Occupancy, rent, utilities, and maintenance | $700 |
| Printing, publications, postage, and shipping | $143 |
| Other expenses | $1,390 |
| Total expenses | $2,608 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,058 |
| Other assets | $0 |
| Total assets | $77,071 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,071 |