Indiana Golden Gloves Inc is located in Indianapolis, IN. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Golden Gloves Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Indiana Golden Gloves Inc generated $127.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $93.0k during the year ending 08/2023. While expenses have increased by 4.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONDUCTING AMATUER BOXING CONTESTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard A Mills President | 5 | $0 | |
Jason Spears Vice Preside | 5 | $0 | |
John Elder Secretary | 5 | $0 | |
Richard H Gilbert Jr Treasurer | 5 | $0 | |
Doug Lyday Incoming Tre | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $126,969 |
| Membership dues | $0 |
| Investment income | $344 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,313 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $93,011 |
| Total expenses | $93,011 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,419 |
| Other assets | $0 |
| Total assets | $165,565 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,565 |