St Cloud Area Golden Gloves Inc

Organization Overview

St Cloud Area Golden Gloves Inc is located in Saint Cloud, MN. The organization was established in 1991. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, St Cloud Area Golden Gloves Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Cloud Area Golden Gloves 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 12/2023, St Cloud Area Golden Gloves Inc generated $94.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $90.7k during the year ending 12/2023. While expenses have increased by 7.8% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND SUPPORT YOUTH BOXING BY PROVIDING ADEQUATE FUNDING, COACHING AND ANY OTHER EDUCATIONAL AND ATHLETIC BENEFIT TO YOUTH BOXING, COACHING AND OVERALL PROGRAM OF BOXING THROUGHOUT CENTRAL MINNESOTA.

Describe the Organization's Program Activity:

PROVIDING GYM AND OTHER SPACE NEEDED FOR TRAINING, EVENTS, AND OTHER RELATED ACTIVITIES.


PROVIDING TRANSPORTATION, LODGING, MEALS AND SUPPORT TO NUMEROUS EVENTS THROUGHOUT THE MIDWEST.


PROVIDING COACHING, EQUIPMENT, AND ALL OTHER VARIOUS ORGANIZATIONAL EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Billi Rudningen
Gambling Mgr
$32,887
Cindy Schumacher
President
$23,717
Jesse Ruiz
Treasurer
$10,661
Sarah Weyh
Secretary
$1,188

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$2,510
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,510
Total Program Service Revenue$15,090
Investment income $115
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 $76,519
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $94,234

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