2024-11-13T13:47:41-06:00 2023-12-31 363321958 DESMOND & AHERN LTD 10827 S WESTERN AVENUE CHICAGO IL 606433206 990 2023-01-01 260053759 Chicago Youth Boxing Club CHIC 7735654235 2300 S Millard Ave Chicago IL 60623 David Babb Board Chair/President 7735654235 2024-11-13 1 1 Mel Padillo P03172019 7737794720 2024-11-13 2023 2024-10-15 13:58:12Z Sylvia Del Raso 2300 S Millard Ave Chicago IL 60623 509768 0 X www.chicagoyouthboxingclub.org X 2006 IL TO ACCOMPLISH MENTORSHIP FOR AT-RISK YOUTH TO BE SUCCESSFUL LEADERS IN THE COMMUNITY. 6 6 16 20 0 0 417569 477382 76244 0 0 0 0 17718 493813 495100 0 0 0 0 251363 364610 0 0 36645 209317 211494 460680 576104 33133 -81004 286104 211917 5752 12569 280352 199348 PROVIDE AT-RISK YOUTH WITH AFTER SCHOOL/SUMMER PROGRAMS FOR TRAINING AND LIFE SKILLS. 0 0 286154 The CYBC is full-service youth development-oriented boxing gym that operates after school hours in Chicago's Little Village community and serves approximatley 600 youth. 286154 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 0 0 IL X Oralia Contreras 7735654235 2300 S Millard Ave Chicago IL 60623 David Babb Board Chair 5.00 X X 0 0 0 Benjamin Estrada Vice Chair 1.00 X X 0 0 0 Sylvia Del Raso Treasurer 5.00 X X 0 0 0 Daniel Michel Director 1.00 X 0 0 0 Calvin Taylor Director 1.00 X 0 0 0 Dr John Pandolfino Director 1.00 X 0 0 0 Noah Pickens Executive Director 40.00 X 69572 0 0 69572 0 0 0 0 0 0 0 39075 11130 241797 185380 477382 14668 11130 14668 0 Miscellaneous 900099 17718 17718 17718 495100 17718 0 0 67572 36489 25002 6081 271170 150862 95164 25144 25868 13969 9571 2328 12 12 28200 28200 1823 1823 190 190 34482 14339 20143 9191 4963 3401 827 16500 8910 6105 1485 23338 17504 5834 1828 1828 17358 17358 Awards and certificates 30107 29327 780 Miscellaneous 15545 15545 Merchandise 15433 15433 Contracted Services 10081 9601 480 7406 7406 576104 286154 253305 36645 286104 184698 27219 18083 18083 0 0 286104 211917 5752 12569 5752 12569 X 280352 199348 280352 199348 286104 211917 -81004 0 X X 0 1 X 1 0 X 242121 235862 353407 462036 477382 1770808 10082 13225 33145 31777 88229 252203 249087 386552 493813 477382 1859037 0 0 0 1859037 17718 17718 252203 249087 386552 493813 495100 1876755 0.99060 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18083 18083 0 0 X 509768 14668 14668 495100 0 495100 590773 14669 14669 576104 0 576104 Part X, Line 2: FIN 48 Note from Audited Financial Statements The Organization was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax exempt purpose of the Organization and the nature in which it operates is described above. Management believes the Organization continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Organization has adopted the requirements for accounting for uncertain tax positions and management has determined that the Organization was not required to record a liability related to uncertain positions as of December 31, 2023. The Organization's Form 990, Return of Organization Exempt from Income Tax, are subject to examination by the IRS, generally for three years after they have been filed. Part XI, Line 2d - Other Adjustments: Special Event Costs 14,668. Part XII, Line 2d - Other Adjustments: Special Event Costs 14,668. Rounding 1. Power Gloves 25798 11130 14668 539 14129 25798 11130 14668 539 14129 14668 0 Form 990, Part VI, Section B, line 11b 990 will be reviewed by external accountant and board of directors. Form 990, Part VI, Section B, line 12c Conflict of interest policy is reviewed and signed annually by the Board of Directors. Form 990, Part VI, Section B, line 15a Executive Director compensation approved by the Board of Directors. Form 990, Part VI, Section C, line 19 Organizing docmuents available upon request. Form 990, Part XII, line 2c: The process has not changed from the prior year.