Northside Boxing Club Inc is located in Minneapolis, MN. The organization was established in 2014. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northside Boxing Club 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 12/2020, Northside Boxing Club Inc generated $378.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $396.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHSIDE BOXING CLUB, INC. PROVIDES A SAFE OUTLET FOR LOCAL YOUTH TO LEARN DISCIPLINE, FITNESS, CONFIDENCE AND COMPASSION THROUGH THE SPORT OF BOXING. PROGRAMS ARE FREE FOR YOUTH BETWEEN THE AGES OF 9 AND 21. THE ORGANIZATION RELIES ON CONTRIBUTIONS FROM DONORS AND AREA BUSINESSES. DURING 2021, THE ORGANIZATION HAD APPROXIMATELY 295 KIDS PARTICIPATING IN ACTIVITIES SPONSORED BY NORTHSIDE BOXING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mohammed Kayongo Coach | 40 | $84,401 | |
Phillip Williams Coach | 40 | $81,216 | |
Ryan Burnet Director/pre | 20 | $0 | |
Matthew Forsgren Director | 1 | $0 | |
Rita Mehta Director | 1 | $0 | |
Brian Zellickson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $376,970 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Profit on Inventory Sales | $444 |
Other Income | $900 |
Total Revenue | $378,314 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Pension plans, employee benefits | $17,199 |
Depreciation | $41,177 |
Occupancy | $0 |
Travel, conferences, and meetings | $19,119 |
Printing and publications | $0 |
Total operating and administrative expenses | $396,576 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $396,576 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $151,221 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Other assets | $0 |
Mortgages and other notes payable | $110,000 |
Other liabilities | $31,500 |
Over the last fiscal year, we have identified 9 grants that Northside Boxing Club Inc has recieved totaling $117,825.
Awarding Organization | Amount |
---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, SPORTS & RECREATION | $41,500 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $27,625 |
The Mortenson Family Foundation Minneapolis, MN PURPOSE: NORTHSIDE BOXING CLUBS MISSION IS TO EFFECT POSITIVE CHANGE IN NORTH MINNEAPOLIS YOUTH THROUGH BOXING, EDUCATION, AND PHYSICAL FITNESS. OUR VISION IS TO INSPIRE A COMMUNITY OF POWERFUL AND HOPEFUL YOUTH WHO ACHIEVE SELF-DISCIPLINE, CONFIDENCE, COMPASSION AND RESPECT. | $15,000 |
Jerstad Family Foundation Sioux Falls, SD PURPOSE: GENERAL SUPPORT | $10,000 |
Zs & M Wilf Foundation Inc Short Hills, NJ PURPOSE: PROGRAM SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $7,200 |
Organization Name | Assets | Revenue |
---|---|---|
Wacosa Waite Park, MN | $12,140,309 | $9,104,818 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |
Jeffers Foundation Plymouth, MN | $13,209,879 | $451,010 |
Childrens Museum Of South Dakota Brookings, SD | $7,565,049 | $1,438,522 |
Belwin Conservancy Afton, MN | $13,948,042 | $1,506,492 |
Miracle Ear Foundation Minneapolis, MN | $1,565,051 | $1,538,911 |
On His Path Danville, IA | $274,871 | $641,163 |
Ann Smeltzer Charitable Tr Fort Dodge, IA | $9,572,816 | $1,083,917 |
St Johns Elderly Housing Corporation Eau Claire, WI | $4,250,998 | $912,893 |
Farming For The Future Foundtn Inc Hancock, WI | $15,517,922 | $9,948,061 |