Lawtown Boxing Gym Inc is located in Lawrence, MA. The organization was established in 2010. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawtown Boxing Gym 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 12/2022, Lawtown Boxing Gym Inc generated $22.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 55.6% each year . All expenses for the organization totaled $18.7k during the year ending 12/2022. While expenses have increased by 37.1% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
NONE
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Edwin Candelario President | 8 | $0 | |
| Gloria Candelario Director | 4 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,000 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $22,000 | 
| 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 | $395 | 
| Occupancy, rent, utilities, and maintenance | $602 | 
| Printing, publications, postage, and shipping | $41 | 
| Other expenses | $17,621 | 
| Total expenses | $18,659 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,735 | 
| Other assets | $0 | 
| Total assets | $21,741 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $21,741 |