Overview
What is Usa Boxing Inc?
Usa Boxing Inc, headquartered in Colorado Springs, Colorado, serves as the national governing body for amateur boxing in the United States. Their primary mission is to promote and develop this sport, fostering the physical and mental growth of athletes. As the national authority, they are responsible for the advancement of amateur boxing, inspiring athletes and coaches to strive for Olympic excellence. Beyond the ring, Usa Boxing aims to cultivate character, confidence, and focus in all participants, transforming them into resilient and diverse champions. With a dedicated workforce of 30 individuals, Usa Boxing's programs and initiatives are committed to nurturing the future of Olympic-style amateur boxing in the United States.
Official website here: www.usaboxing.org
What are the reviews and ratings of this charity?
Usa Boxing Inc has received a Four-Star out of Four Star rating from Charity Navigator, achieving an impressive overall score of 94%. This high rating indicates strong performance in terms of accountability and finance, with a perfect score in various categories, including the independence of its board members and the presence of essential policies like conflict of interest and whistleblower policies. The charity demonstrates responsible financial management with a program expense ratio of 84.16%.
The organization exhibits notable strengths, such as having a fully independent board and well-accomplished financial practices, which contribute positively to its operational transparency. Additionally, its financial statements are audited, ensuring accountability to its stakeholders. However, while the majority of scores are robust, the liabilities to assets ratio at 58.14% suggests that there may be room for improvement in financial health.
User reviews from GreatNonprofits could not be fetched, thus missing insights into individual experiences or sentiments regarding the organization. Overall, the charity’s strong fiscal governance and commitment to accountability position it favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Boxing Inc legitimate?
Usa Boxing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Boxing 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: $407,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,497,256
For more financial information, click here
Official website here: www.usaboxing.org
What is the mission statement of Usa Boxing Inc?
Usa Boxing Inc, serving as the national governing body for amateur boxing, is committed to promoting and fostering the growth of Olympic-style amateur boxing in the United States. Their mission is threefold: firstly, to inspire athletes and coaches to strive for Olympic gold and sustain competitive excellence. Secondly, they aim to instill character, confidence, and focus in all participants, transforming them into resilient and diverse champions, both within and beyond the ring. Lastly, Usa Boxing is dedicated to nurturing the tireless pursuit of success in amateur boxing.
Official website here: www.usaboxing.org
Who is the CEO of Usa Boxing Inc?
Michael Mcatee is the President of Usa Boxing Inc.
Official website here: www.usaboxing.org
What is the revenue of Usa Boxing Inc?
Usa Boxing Inc's revenue in 2022 was $6,981,844.
Official website here: www.usaboxing.org
Who are the executives of Usa Boxing Inc and what are their salaries?
The average compensation at Usa Boxing Inc during 2022 was $63,506. There are 30 employees and 150 volunteers at Usa Boxing Inc.
Here are 17 key members and their salaries:
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- Compensation: $186,154
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- Other: $28,463
- Compensation: $122,486
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- Other: $19,373
Official website here: www.usaboxing.org
Where can I find the form 990 for Usa Boxing Inc?
Usa Boxing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usaboxing.org
Learn more at the official website: www.usaboxing.org
Mission Statement of Usa Boxing Inc
USA Boxing Inc, serving as the national governing body for amateur boxing in the United States, is dedicated to promoting and fostering the development of this sport at an amateur level. Their mission statement aims to elevate Olympic-style amateur boxing within the nation, inspiring athletes and coaches to relentlessly pursue Olympic gold. USA Boxing strives to instill resilience and diversity in its participants by teaching them essential character traits, such as confidence and focus, both inside and outside the ring. This nonprofit organization's ultimate goal is to enable its athletes and coaches to achieve sustained competitive excellence.
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Impact
July, 2024
Usa Boxing Inc's impact is felt through its role as the national governing body for amateur boxing in the United States. The organization is responsible for promoting and developing amateur boxing in the country. It focuses on promoting athletes' physical and mental training to further their development. Usa Boxing Inc's mission is to grow Olympic-style amateur boxing in the U.S., inspire the pursuit of Olympic gold, and enable athletes and coaches to achieve sustained competitive excellence. Additionally, the organization aims to instill character, confidence, and focus in all participants to become resilient champions both inside and outside the ring.
This information is meant to be a general summary of Usa Boxing 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 2022.
- Investment Income: $24,037
- Program Service Revenue: $5,189,010
- Gross Receipts: $7,610,791
Assets and Liabilities:
- Total Assets: $3,723,567
- Total Liabilities: $2,165,226
- Net Assets: $1,558,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$4,413,597
NATIONAL EVENT REVENUE
Revenue
$428,541
CORPORATE SPONSORSHIPS
Revenue
$165,882
MEDIA AGREEMENT
Revenue
$150,000
OTHER PROGRAM REVENUE
Revenue
$30,990
Organization Details
Founding Year
2001
Phone
(719) 866-2300Principal Officer
Michael Mcatee
Main Address
1 OLYMPIC PLAZA, COLORADO SPRINGS, CO, 80909
Website
www.usaboxing.orgNTEE Category
Code: N71 - Recreation
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