Hope Boxing Academy Inc
Nonprofit profile at a glance
- EIN
- 273228434
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2021
- Location
- Saraland, AL, USA
- Phone
- 2517092654
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $54,367
- Expenses
- $47,290
- Assets
- $46,064
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Dexter Sutton (President)
People named in this filing
- Dexter Sutton (President)
- Patrice Hunt (Secretary)
- Jonathan Maples (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hope Boxing Academy is a non-profit organization that provides at-risk youth with a safe place to learn and gain the skills they need to avoid negative influences and achieve their full potential. We provide support through mentorship, education, and counseling, as well as resources and activities to help them become successful members of society. We strive to create a safe and supportive environment that encourages growth and development.
What it reported doing in 2023
Educate - Our tutoring and homework assistance programs are designed to promote academic achievement through education.Develop - Our objective is to promote the growth of character through our curriculum for leadership and mentoring programs. Stimulate - At the Hope Boxing Academy, we strive to foster engagement by seamlessly integrating academic goals with sports.Empower - Our social-awareness and interpersonal skills workshops empower students by building their self-confidence and emotional intelligence.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 51
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87%; rating input score 87
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 87% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $47K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.