JOE HAND BOXING GYM INC C/O JOE HA… - 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

1996

Legal Domicile

Principal Officer

JOSEPH P HAND II

Phone

2153649000

Tax Period

2018-01-01 to 2018-12-31

JOE HAND BOXING GYM INC C/O JOE HAND PROMOTIONS INC, founded in 1996, is a micro nonprofit in the Recreation & Sports sector that reported $54K in total revenue in fiscal year 2018. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $98K exceeded revenue, resulting in a 83% operating deficit.

Mission

TO PROVIDE AN OUTLET FOR INNER CITY YOUTH TO GET INVOLVED IN ATHLETIC ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $98,108 Revenue: $9,619

GYM ENCOURAGES YOUTHS IN THE AREA TO CONSIDER GETTING INVOLVED INDIFFERENT ATHLETIC ACTIVITIES. THE GYM IS ALSO INVOLVED IN HOSTING THE PENNSYLVANIA EASTERN REGIONAL GOLDEN GLOVES COMPETITION.

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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 $42,071

Program Service Revenue $66,435

Investment Income $-54,866

Other Revenue $0

TOTAL REVENUE $53,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,659

Fundraising Expenses $0

Program Expenses $98,108

Other Expenses $71,449

TOTAL EXPENSES $98,108

Year-over-Year Comparison

	2018	2017	Change
Revenue	$53,640	$128,565	-0.6%
Expenses	$98,108	$127,985	-0.2%
Net Income	$-44,468	$580	-77.7%

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

N/A

Employees

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
JOSEPH P HAND III	SEC/TREAS	0.50	Officer Director	$0	$0	$0
JOSEPH P HAND II	PRESIDENT	0.50	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
2018	$53,640	$98,108	$18,927	$-44,468

JOE HAND BOXING GYM INC C/O JOE HAND PROMOTIONS INC