Boxing Out Negativity Inc (EIN 824140322) - 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

2018

Legal Domicile

Principal Officer

Thomas Hulsebosch

Phone

8472178609

Tax Period

2023-01-01 to 2023-12-31

Boxing Out Negativity Inc, founded in 2018, is a small nonprofit in the Youth Development sector that reported $936K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE EMPOWERMENT OF AT-RISK YOUTH TO REALIZE THE BEST WITHINTHEMSELVES IN A SAFE AND SUPPORTIVE ENVIRONMENT VIA PHYSICAL ACTIVITIES ANDOTHER ANTI-VIOLENCE PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $923,476

Program Service Revenue $4,883

Investment Income $0

Other Revenue $8,006

TOTAL REVENUE $936,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $703,248

Fundraising Expenses $28,276

Program Expenses $821,942

Other Expenses $232,312

TOTAL EXPENSES $935,560

Year-over-Year Comparison

	2023	2022	Change
Revenue	$936,365	$724,099	+0.3%
Expenses	$935,560	$581,204	+0.6%
Net Income	$805	$142,895	-1.0%

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

Volunteers

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

$55,940

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Hulsebosch	Chairperson	5.00	Officer Director	$0	$0	$0
Chris Bertucci	Secretary	5.00	Officer Director	$0	$0	$0
Michael Montecinos	Treasurer	5.00	Officer Director	$0	$0	$0
Dr Althea Jones	Director	5.00	Director	$0	$0	$0
Julie Globokar PhD	Director	5.00	Director	$0	$0	$0
Derek Brown	Executive Director	40.00	Officer	$55,940	$0	$55,940

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	No data	No data	No data	No data
2023	$936,365	$935,560	$398,192	$805
2022	$724,099	$581,204	$386,530	$142,895
2021	$405,550	$223,087	$241,608	$182,463

Boxing Out Negativity Inc