Cincinnati Golden Gloves For Youth Tt
- Assets
- $378.9k
- Revenue
- $135.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 06/1990
- Data as of
- 07/2021
- EIN
- 31-1273007
Organization Overview
Cincinnati Golden Gloves For Youth Tt is located in Cincinnati, OH. The organization was established in 1990. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cincinnati Golden Gloves For Youth Tt 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 07/2021, Cincinnati Golden Gloves For Youth Tt generated $135.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $137.4k during the year ending 07/2021. While expenses have increased by 2.2% per year over the past 6 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
TO ENRICH AT-RISK INNER-CITY YOUTH BY PROVIDING ATHLETIC TRAINING, MENTORING, AND LIFE SKILLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAKING PARTICIPANTS TO COMPETE THROUGHOUT THE COUNTRY AT USA BOXING CLUB, REGIONAL AND NATIONAL COMPETITIONS, AND US OLYMPIC TRIALS. EXPENDITURES INCLUDE TRAVEL, MEALS AND ACCOMODATIONS.
COACHING, STRENGTH AND CONDITIONING TRAINING, PHYSICAL ACTIVITY, TUTORING, AND MENTORING FOR PARTICIPANTS
MONTHLY MEETINGS AT THE GYM PERTAINING TO SUBSTANCE ABUSE PREVENTION AND OTHER LIFE SKILL DEVELOPMENTAL TOPICS. THE MEETINGS ARE IN A SAFE PLACE AND INCLUDE A MEAL FOR ATTENDEES.
PRIMARILY FOR GYM CLEANING, REPAIRS AND MAINTENANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald S Larosa Founder | Officer | 1 | $0 |
Bill Burwinkel Advisor | Officer | 1 | $0 |
Marsha Wirtz Secretary | Officer | 15 | $0 |
Christina Larosa Executive Director | Officer | 30 | $0 |
Ryan Ernst Advisor | Officer | 1 | $0 |
John Burns Advisor | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,610 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| 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 | $134,997 |
| 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 | $42,016 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,951 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,685 |
| Advertising and promotion | $210 |
| Office expenses | $390 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,777 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,604 |
| All other expenses | $240 |
| Total functional expenses | $137,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,541 |
| Savings and temporary cash investments | $1,010 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $198,262 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $158,075 |
| Total assets | $378,888 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $378,888 |
| Total liabilities and net assets/fund balances | $378,888 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cincinnati Golden Gloves For Youth Tt has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
William R Dally Tr Foundation Cincinnati, OH PURPOSE: AMATEUR SPORTS CLUBS | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Parkette National Gymnastic Team Inc Allentown, PA | $2,066,522 | $2,115,646 |
Indiana State Wrestling Assoc Indianapolis, IN | $264,541 | $899,289 |
International Bowhunting Organization Of The Usa Inc Fairview Park, OH | $125,786 | $706,287 |
Ultrafit Usa Hilliard, OH | $88,554 | $349,712 |
Penn Athletic Club Rowing Association Philadelphia, PA | $436,321 | $176,117 |
Sokol Greater Cleveland Gymnastic & Educational Organization Cleveland, OH | $2,473,335 | $255,287 |
Cincinnati Golden Gloves For Youth Tt Cincinnati, OH | $378,888 | $134,997 |
Blue Mountain Quarter Midget Assoc Inc Cherryville, PA | $44,949 | $0 |
South Erie Turnverein Erie, PA | $581,084 | $141,900 |
Indiana Golden Gloves Inc Indianapolis, IN | $130,914 | $0 |
Gymnastics Unlimited Inc Hilliard, OH | $85,799 | $102,127 |
Midland Gymnastics Club Inc Midland, MI | $55,464 | $0 |