VETERAN BOXERS ASSOCIATION RING 1 … - Form 990 Financial Data

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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

2002

Legal Domicile

Principal Officer

JOHN GALLAGHER

Tax Period

2018-01-01 to 2018-12-31

VETERAN BOXERS ASSOCIATION RING 1 INC, founded in 2002, is a micro nonprofit in the Human Services sector that reported $15K in total revenue in fiscal year 2018. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $18K exceeded revenue, resulting in a 23% operating deficit.

Mission

ORGANIZATION PROVIDES FOR SOCIAL AND OTHER WELFARE REQUIREMENTS FOR VETERAN BOXERS.

Program Service Accomplishments

Program 1

Expenses: $3,846

ORGANIZATION PROVIDES FOR SOCIAL AND OTHER WELFARE REQUIREMENTS FOR VETERAN BOXERS. ORGANIZATION SPONSORS AMATEUR BOXING MATCHES AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVEL. THE VETERAN BOXERS...

ORGANIZATION PROVIDES FOR SOCIAL AND OTHER WELFARE REQUIREMENTS FOR VETERAN BOXERS. ORGANIZATION SPONSORS AMATEUR BOXING MATCHES AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVEL. THE VETERAN BOXERS ASSOCIATION RING 1 INC IS RENOWNED FOR ITS COMMITMENT IN THE COMMUNITY AND PROVIDES SCHOLARSHIPS TO AMATEUR BOXERS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $20,145

Program Service Revenue $0

Investment Income $10,601

Other Revenue $-15,927

TOTAL REVENUE $14,819

Expense Breakdown

Grants Paid $1,565

Salaries & Benefits $0

Fundraising Expenses $457

Program Expenses $3,846

Other Expenses $16,602

TOTAL EXPENSES $18,167

Year-over-Year Comparison

	2018	2017	Change
Revenue	$14,819	$22,649	-0.3%
Expenses	$18,167	$19,817	-0.1%
Net Income	$-3,348	$2,832	-2.2%

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
JOHN GALLAGHER	TREASURER	20.00	Officer	$0	$0	$0
CHARLES SGRILLO	PRESIDENT	10.00	Officer	$0	$0	$0
FRED DRUDING	VICE PRESIDENT	5.00	Officer	$0	$0	$0
JOHN DISANTO	SECRETARY	3.00	Officer	$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
2018	$14,819	$18,167	$1,758	$-3,348

VETERAN BOXERS ASSOCIATION RING 1 INC