Overview
What is World Boxing Organization Inc?
The World Boxing Organization Inc, based in San Juan, Puerto Rico, serves as a nonprofit entity primarily dedicated to regulating and promoting professional boxing globally. Their mission is to foster the growth of this sport as an educational tool, shaping the character of committed athletes. They oversee boxing events, enforce rules, and rank competitors. Additionally, the organization is actively involved in the WBO Kids Drug Free Program, a venture aimed at keeping children away from drug abuse. With a modest workforce of four individuals, the World Boxing Organization Inc plays a significant role in the boxing community, ensuring fairness and promoting a positive image of the sport.
Official website here: www.wboboxing.com
Is World Boxing Organization Inc legitimate?
World Boxing Organization Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. World Boxing Organization Inc 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: $104,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,183
For more financial information, click here
Official website here: www.wboboxing.com
What is the mission statement of World Boxing Organization Inc?
The World Boxing Organization Inc's mission involves promoting the growth of professional boxing globally, viewing it as an educational activity that helps shape the character of dedicated athletes. By doing so, they aim to contribute positively to these individuals' personal development. Their activities encompass monitoring rules and regulations, supervising boxing bouts, and ranking boxers. Furthermore, the organization runs the WBO Kids Drug Free Program, which aims to keep children away from drugs.
Official website here: www.wboboxing.com
Who is the CEO of World Boxing Organization Inc?
Francisco Valcarcel is the President of World Boxing Organization Inc.
Official website here: www.wboboxing.com
What is the revenue of World Boxing Organization Inc?
World Boxing Organization Inc's revenue in 2023 was $2,197,171.
Official website here: www.wboboxing.com
Who are the executives of World Boxing Organization Inc and what are their salaries?
The average compensation at World Boxing Organization Inc during 2023 was $46,046. There are 4 employees and 20 volunteers at World Boxing Organization Inc.
Here are 18 key members and their salaries:
- Compensation: $104,000
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Official website here: www.wboboxing.com
Where can I find the form 990 for World Boxing Organization Inc?
World Boxing Organization Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wboboxing.com
Learn more at the official website: www.wboboxing.com
Mission Statement of World Boxing Organization Inc
The World Boxing Organization Inc, in its mission, aims to foster the growth of professional boxing as a global educational activity. This mission is geared towards shaping the characters of athletes who are dedicated to this discipline. By promoting boxing on a worldwide scale, the organization seeks to leverage its educational potential to instill valuable traits in its participants. Additionally, the World Boxing Organization Inc is committed to its WBO Kids Drug Free Program, a continuous initiative aimed at keeping children away from drug abuse.
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Impact
October, 2024
The World Boxing Organization Inc plays a significant role in the professional boxing landscape by promoting the development of the sport globally. Its efforts are centered on providing an educational framework that helps mold the character of athletes dedicated to boxing. Through regular oversight of rules and regulations, the organization ensures fair play and integrity in the sport, thereby fostering a safe and competitive environment for boxers.
Additionally, the WBO is committed to social responsibility, notably with initiatives like the WBO Kids Drug Free Program, which aims to keep children away from drugs. This program not only advocates for healthy lifestyles but also uses boxing as a means of character development among youth. By engaging in these activities, the organization enhances the overall perception of boxing as a force for positive change, contributing to personal growth and community well-being. In essence, the World Boxing Organization Inc serves as a cornerstone for professional boxing, impacting both the athletes involved and the broader community.
This information is meant to be a general summary of World Boxing Organization Inc. 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 2023.
- Gross Receipts: $2,197,171
Assets and Liabilities:
- Total Assets: $3,617,321
- Total Liabilities: $491,716
- Net Assets: $3,125,605
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Organization Details
Founding Year
1988
Phone
(787) 765-4444Principal Officer
Francisco Valcarcel
Website
www.wboboxing.comNTEE Category
Code: N70 - Recreation
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