Legacy Youth Boxing Club Corp
Nonprofit profile at a glance
- EIN
- 872254307
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lorain, OH, USA
- Phone
- 4406705616
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Sports Associations &Training Facilities
Reported finances
- Revenue
- $44,199
- Expenses
- $46,269
- Assets
- $2,675
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- KEVIN AROCHO (PRESIDENT)
- RAMON OROSRIO (VICE PRESIDENT)
People named in this filing
- JAIME COLON (FOUNDER AND DIRECTOR)
- KEVIN BOLF (ASSISTANT)
- KEVIN AROCHO (PRESIDENT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Legacy Boxing Club is a non-profit gym focused on offering Kids the opportunity to develop individuality, discipline, and learn self worth by offering boxing lessons in a safe environment led by experienced trainers. Our goal is to have a positive impact on the lives of our youth through coaching and classes in boxing. We compete in events that are sanctioned with USA Boxing, locally and nationally.
What it reported doing in 2024
Instituted a source of strength program by integrating mental health, resilience health and peer support into our development program backed by Sources of Strength
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 95% 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.2%; rating input score 43
- Program expense ratio: 34.5%; rating input score 35
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4.7%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 22% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 37.8% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 12.6% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 43.2% of revenue deployed · 34.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $16K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- 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 — Financial Efficiency: Mission deployment rate scored 43/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.