SMITTYS MIDWEST BOXING GYM & YOUTH CENTER INC

EIN: 461559762 501(c)(3) Recreation & Sports

SPRINGFIELD, MO

Total Revenue
$137,013
Total Expenses
$180,045
Total Assets
$54,937
Net Assets
$54,937
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MO
Phone
4172680941
Tax Period
2024-01-01 to 2024-12-31

SMITTYS MIDWEST BOXING GYM & YOUTH CENTER INC, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $137K in total revenue in fiscal year 2024. Expenses of $180K exceeded revenue, resulting in a 31% operating deficit.

Mission

SMITTY'S MID-EST BOXING GYM IS A USA AMATEUR BOXING CYM THAT FOCUSES ON KEEPING KEIDS OFF THE STREETS AND GETTING THEM INOT THE USA BOXING PROGRAM WITH HOPES OF BECOMING CHAMPIONS ONE DAY.

Program Service Accomplishments

Program 1

WE HAVE THREE GOOD PROGRAMS OUR LEADERSHIP BUILDING PROGRAM AS PUT WELL OVER 175 KIDS IN THE MILITARY WHO HAVE GONE ONE TO HAVE GOOD CAREERS! OUR DROP OUTS FROM HIGH SCHOOL HAVE WENT BACK AT A 98.6%...

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WE HAVE THREE GOOD PROGRAMS OUR LEADERSHIP BUILDING PROGRAM AS PUT WELL OVER 175 KIDS IN THE MILITARY WHO HAVE GONE ONE TO HAVE GOOD CAREERS! OUR DROP OUTS FROM HIGH SCHOOL HAVE WENT BACK AT A 98.6% RATE OR COMPLETED A GED PROGRAM OVER AT OZARK TECHINICAL COMMUNITY COLLEGE NUMBERS BEING OUR 160 KIDS OR MORE OVER THE LAST 13 YEARS. WE ALSO HAVE DONE GREAT THINGS IN OUR ANTI-BULLYING PROGRAM WITH THE WBC PROGRAM AND TAUGHT SO MANY KIDS HOW TO BE LEADERS INSTEAD OF FOLLOWERS. OUR PROFESSIONAL SPEECH CLASSES HAVE MADE IT POSSIHBLE FOR A LOT OF INNER-CITY KIDS THAT DO NOT HAVE THE COURAGE TO STAND UP AND SPEAK TO GET THAT COURAGE AND BECOME EFFECTIVE SPEAKERS IN THE COMMUNITY AND AT SCHOOL AND BEYOND. WE EVEN HAVE TUTORS AND VOLUNTEERS WHO HELP OUR KIDS FIND FUNDING TO GO ON TO COLLEGE. WE DEMAND A B AVERAGE IN SCHOOL TO COMPETE IN BOXING PERIOD. THESE PROGAMS ARE WORKING AND THE NUMBERS OF SUCCESS STORIES ARE RISING EACH AND EVERY YEAR! CHILD DIVISION SERVICES ARE NOW SENDING US KIDS FROM THE JUVENILE JUSTICE SYSTEM. LOCAL SCHOOLS ARE ASKING US TO COME DO ASSEMBLYS TO TALK TO TROUBLED KIDS. WE ARE MAKING A BIG DIFFERENCE EVEN PUTTING KIDS WHO HAVE NO WISH TO GO TO COLLEGE INTO VOCATIONAL SCHOOL TRAINING IF NOT THE MILITARY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $131,323
Program Service Revenue $0
Investment Income $0
Other Revenue $5,690
TOTAL REVENUE $137,013

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $133,006
TOTAL EXPENSES $180,045

Year-over-Year Comparison

2024 2023 Change
Revenue $137,013 $137,013 N/A
Expenses $180,045 N/A N/A
Net Income $-43,032 $137,013 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A VICE PRESIDENT 16.00
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
2024 $137,013 $180,045 $54,937 $-43,032
2023 $102,551 $102,551 $97,969 No data
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