Overview
What is Chicago Youth Boxing Club?
The Chicago Youth Boxing Club (CYBC) is a nonprofit organization situated in the Little Village community of Chicago, Illinois. With a strategic location at 2300 S Millard Ave, the CYBC serves around 600 youth by offering an after-school boxing program that extends beyond academic hours. Their mission is twofold: to provide at-risk youth with both physical training and life skills development, ultimately empowering them to become successful community leaders. The organization employs 16 individuals, dedicated to fostering mentorship and personal growth within their community.
Official website here: www.chicagoyouthboxingclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Chicago Youth Boxing Club has earned a commendable rating of 89%, reflecting strong accountability and financial health. The rating is based entirely on their performance in the Accountability & Finance beacon, where they excelled in several areas, including having a fully independent board and no material diversion of assets.
Strengths of the organization include high scores for governance practices, such as maintaining a conflict of interest policy and documenting board meeting minutes. Additionally, their financial metrics show a low liabilities-to-assets ratio and a solid program expense ratio, indicating a commitment to using funds effectively for their mission.
While the organization demonstrates strong financial management and governance, the rating highlights the importance of ongoing transparency and active engagement with stakeholders to maintain and improve their standing. Overall, Chicago Youth Boxing Club shows a solid commitment to its mission through responsible financial practices and a dedicated board.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Youth Boxing Club legitimate?
Chicago Youth Boxing Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Youth Boxing Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,501
For more financial information, click here
Official website here: www.chicagoyouthboxingclub.org
What is the mission statement of Chicago Youth Boxing Club?
The Chicago Youth Boxing Club's mission is centered around providing mentorship to at-risk youth, aiming to foster their development into responsible leaders within their communities. They accomplish this goal by offering after-school and summer programs, encompassing both boxing training and life skills instruction. The club serves around 600 young individuals, operating as a full-service youth development-oriented boxing gym in Chicago.
Official website here: www.chicagoyouthboxingclub.org
Who is the CEO of Chicago Youth Boxing Club?
David Babb is the Secretary of Chicago Youth Boxing Club.
Official website here: www.chicagoyouthboxingclub.org
What is the revenue of Chicago Youth Boxing Club?
Chicago Youth Boxing Club's revenue in 2022 was $493,813.
Official website here: www.chicagoyouthboxingclub.org
Who are the executives of Chicago Youth Boxing Club and what are their salaries?
The average compensation at Chicago Youth Boxing Club during 2022 was $14,594. There are 16 employees and 45 volunteers at Chicago Youth Boxing Club.
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Official website here: www.chicagoyouthboxingclub.org
Where can I find the form 990 for Chicago Youth Boxing Club?
Chicago Youth Boxing Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicagoyouthboxingclub.org
Learn more at the official website: www.chicagoyouthboxingclub.org
Mission Statement of Chicago Youth Boxing Club
Chicago Youth Boxing Club, a full-service youth development-focused boxing gym, dedicates its mission towards providing at-risk youth with after-school and summer programs. Its primary goal is to offer training and life skills, aiming to nurture these young individuals into successful community leaders. By engaging in boxing, these youth not only learn discipline and resilience but also develop essential life skills that contribute to their overall growth and personal development. The club serves around 600 youth in Chicago's Little Village community, ensuring they have a supportive environment to grow and thrive.
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Impact
July, 2024
Chicago Youth Boxing Club has a profound impact on at-risk youth in the Little Village community of Chicago. By providing after-school and summer programs that combine boxing training with essential life skills, the club empowers young individuals to become successful leaders in their community. Through its dedication to mentorship and youth development, the club has positively influenced approximately 600 youth, offering them a safe space for recreation and personal growth. The Chicago Youth Boxing Club's impact goes beyond physical fitness, instilling discipline, teamwork, and resilience in its participants, ultimately equipping them to navigate life's challenges with confidence and determination.
This information is meant to be a general summary of Chicago Youth Boxing Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $76,244
- Gross Receipts: $493,813
Assets and Liabilities:
- Total Assets: $286,104
- Total Liabilities: $5,752
- Net Assets: $280,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Duees
Revenue
$31,777
Merchandise Sales
Revenue
$17,009
Registration Fees Other Income
Revenue
$27,458
Organization Details
Founding Year
2006
Phone
(773) 565-4235Principal Officer
David Babb
Main Address
2300 S MILLARD AVE, CHICAGO, IL, 60623
NTEE Category
Code: N60 - Recreation
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