BOXING IN FAITH GYM INC (EIN 020792657) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Tax Period

2020-01-01 to 2020-12-31

BOXING IN FAITH GYM INC, founded in 2006, is a micro nonprofit that reported $49K in total revenue in fiscal year 2020. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $249K exceeded revenue, resulting in a 413% operating deficit.

Mission

TO PROVIDE AMATEUR BOXING AND ATHLETICS PROGRAMS FOR THE YOUTH OF THE FAIR HAVEN, CT AREA WHO ARE UNDER THE AGE OF EIGHTEEN, AND TO PROVIDE POSITIVE ROLE MODELS TO EACH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $1,153

Program Service Revenue $5,745

Investment Income $35,172

Other Revenue $6,533

TOTAL REVENUE $48,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $249,424

Other Expenses $249,424

TOTAL EXPENSES $249,424

Year-over-Year Comparison

	2020	2019	Change
Revenue	$48,603	$36,593	+0.3%
Expenses	$249,424	$47,876	+4.2%
Net Income	$-200,821	$-11,283	+16.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELVIS FIGUEROA	TREASURER	1.00	Officer Director	$0	$0	$0
ANGEL RIVERA	SECRETARY	1.00	Officer Director	$0	$0	$0
ANTHONY RACCIO	VC FUNDRAISING	1.00	Officer Director	$0	$0	$0
LUIS ROSA	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARILYN ROSA	VC OPERATIONS	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$48,603	$249,424	$5,298	$-200,821
2019	$36,593	$47,876	$343,794	$-11,283

BOXING IN FAITH GYM INC