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Nonprofit · EIN 84-1604168

USA BOXING INC

Tax-exempt · COLORADO SPRINGS, CO 80909

Financials

$9.3M$8.2M2023$9.7M$10.7M2024
Revenue Expenses · by fiscal year end
Financials of USA BOXING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,704,211$10,672,360-$968,149$4,922,731$3,146,450$1,776,281
December 31, 2023990$9,323,938$8,235,275$1,088,663$5,701,145$2,973,633$2,727,512
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,639,887
of which government grants
$562,500
Program service revenue
$6,744,629
Investment income
$71,054
Net gain from sales of assets
$26,175
Net income from sales of inventory
$248,641
Other revenue
$248,641

Expenses

Grants and similar amounts paid
$1,157,592
Compensation of officers, directors and key employees
$425,986
Other salaries and wages
$2,010,764
Salaries, compensation and benefits (total)
$3,012,878
Professional fundraising fees
$0
Legal fees
$113,745
Accounting fees
$17,995
Occupancy
$74,738
Travel
$3,165,205
Depreciation
$5,713
Program services (functional)
$8,788,797
Management and general (functional)
$1,214,891
Fundraising (functional)
$668,672

Balance sheet and other

Total assets, start of year
$5,701,145
Total assets, end of year
$4,922,731
Total liabilities, end of year
$3,146,450
Net assets, end of year
$1,776,281
Land, buildings and equipment
$5,546
Publicly traded securities
$1,122,045
Net assets without donor restrictions
$1,776,281
Gross receipts
$9,955,629
Employees
31
Volunteers
150
Year formed
2001
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WILLIAM WALSHHEAD COACH
Key employee
60$190,003$28,300
MICHAEL MCATEEEXECUTIVE DIRECTOR
Officer
60$180,204$27,479
MATTHEW JOHNSONHIGH PERFORMANCE DIRECTOR
Highest-paid employee
60$171,681$23,034
TYSON LEEPRESIDENT
Trustee or director, Officer
5$0$0
ELISE SEIGNOLLETREASURER
Trustee or director, Officer
5$0$0
HECTOR COLONVICE CHAIR
Trustee or director, Officer
5$0$0
ANGELICA COLANTUONIINDEPENDENT DIRECTOR
Trustee or director
5$0$0
CHRISTY HALBERTLBC DIRECTOR
Trustee or director
5$0$0
ERIC BULLERAFFILIATED GROUP MEMBER DI
Trustee or director
5$0$0
JONATHAN PRINGENERAL MEMBERSHIP DIRECTO
Trustee or director
5$0$0
EBONY HALIBURTONINDEPENDENT DIRECTOR
Trustee or director
5$0$0
CHRIS TROMBETTAINDEPENDENT DIRECTOR
Trustee or director
5$0$0
BRIAN CEBALLOATHLETE DIRECTOR
Trustee or director
5$0$0
FRACHON CREWS-DEZURNATHLETE DIRECTOR
Trustee or director
5$0$0
RAHIM GONZALESATHLETE DIRECTOR
Trustee or director
5$0$0
3 more people on this return
NameTitleHours / weekCompensation
OMARI JONESATHLETE DIRECTOR
Trustee or director
5$0
DANIELLE PERKINSATHLETE DIRECTOR
Trustee or director
5$0
DARRYL SMITHINDEPENDENT DIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL MCATEEEXECUTIVE DIRECTOR
Officer
60$228,077$32,107
WILLIAM WALSHHEAD COACH
Key employee
60$190,000$24,300
MATTHEW JOHNSONHIGH PERFORMANCE DIRECTOR
Highest-paid employee
60$157,688$23,568
TYSON LEEPRESIDENT
Trustee or director, Officer
5$0$0
ELISE SEIGNOLLETREASURER
Trustee or director, Officer
5$0$0
HECTOR COLONVICE CHAIR
Trustee or director, Officer
5$0$0
ANGELICA COLANTUONIINDEPENDENT DIRECTOR
Trustee or director
5$0$0
CHRISTY HALBERTLBC DIRECTOR
Trustee or director
5$0$0
ERIC BULLERAFFILIATED GROUP MEMBER DIR
Trustee or director
5$0$0
JONATHAN PRINGENERAL MEMBERSHIP DIRECTO
Trustee or director
5$0$0
EBONY HALIBURTONINDEPENDENT DIRECTOR
Trustee or director
5$0$0
CHRIS TROMBETTAINDEPENDENT DIRECTOR
Trustee or director
5$0$0
BRIAN CEBALLOATHLETE DIRECTOR
Trustee or director
5$0$0
FRACHON CREWS-DEZURNATHLETE DIRECTOR
Trustee or director
5$0$0
RAHIM GONZALESATHLETE DIRECTOR
Trustee or director
5$0$0
OMARI JONESATHLETE DIRECTOR
Trustee or director
5$0$0
DANIELLE PERKINSATHLETE DIRECTOR
Trustee or director
5$0$0
DARRYL SMITHINDEPENDENT DIRECTOR
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
ONE OLYMPIC PLAZA, COLORADO SPRINGS, CO 80909-5780
Mailing address (990-N for 2025)
ONE OLYMPIC PLAZA, COLORADO SPRINGS CO 809095766
Principal officer (990 for 2024)
MICHAEL MCATEE, 1 OLYMPIC PLAZA, COLORADO SPRINGS, CO 80909
Principal officer (990-N for 2025)
KELVIN GARCIA, ONE OLYMPIC PLAZA, COLORADO SPRINGS CO 809095766
Signed the 990
MICHAEL MCATEE, EXECUTIVE DIRECTOR
Phone
(719) 866-2300
Return prepared by
WAUGH & GOODWIN LLP

Mission

THE CORPORATION IS THE NATIONAL GOVERNING BODY FOR AMATEUR BOXING AND IS RESPONSIBLE FOR THE PROMOTION AND DEVELOPMENT OF AMATEUR BOXING IN THE UNITED STATES. THE ORGANIZATION'S MISSION STATEMENT IS TO PROMOTE AND GROW OLYMPIC-STYLE AMATEUR BOXING IN THE UNITED STATES AND TO INSPIRE THE TIRELESS PURSUIT OF OLYMPIC GOLD AND ENABLE ATHLETES AND COACHES TO ACHIEVE SUSTAINED COMPETITIVE EXCELLENCE. ADDITIONALLY, USA BOXING ENDEAVORS TO TEACH ALL PARTICIPANTS THE CHARACTER, CONFIDENCE AND FOCUS THEY NEED TO BECOME RESILIENT AND DIVERSE CHAMPIONS, BOTH IN AND OUT OF THE RING.

990 for the year ended December 31, 2024

Program accomplishments

  • DEVELOPMENT AND OTHER PROGRAMS - THE CORPORATION PROMOTES ATHLETE'S PHYSICAL AND MENTAL TRAINING IN ORDER TO FURTHER THEIR DEVELOPMENT.
    Expenses $3,501,257 · grants $1,157,592 · revenue $349,499
  • MEMBERSHIP - THE CORPORATION PROVIDES OFFICIAL OLYMPIC MEMBERSHIP CREDENTIALS AS WELL AS ACCIDENT AND GENERAL LIABILITY INSURANCE TO ITS MEMBERS.
    Expenses $2,202,841 · revenue $5,583,009
  • EVENTS - THE CORPORATION SANCTIONS AMATEUR BOXING EVENTS FOR WHICH ATHLETES TRAIN AND COMPETE. JUNIOR ATHLETES TRAIN FOR AND COMPETE IN AMATEUR BOXING EVENTS.
    Expenses $3,084,699 · revenue $1,060,762

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
84-1604168
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Group exemption
Exempt since
1983
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Group exemption
7048 (55 member organizations)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: KELVIN GARCIA
December 31, 2025≤ $50,000 receipts––e-Postcard
990December 2024$9,704,211$10,672,360$4,922,731IRS
990-N for 2023
Officer: KELVIN GARCIA
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2023$9,323,938$8,235,275$5,701,145XML
990-N for 2022
Officer: KELVIN GARCIA
December 31, 2022≤ $50,000 receipts––e-Postcard
990December 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-1604168).

Questions about USA BOXING INC

What is the EIN of USA BOXING INC?
The employer identification number (EIN) of USA BOXING INC is 84-1604168.
Is USA BOXING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to USA BOXING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does USA BOXING INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of USA BOXING INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did USA BOXING INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of USA BOXING INC?
The 990 for the year ended December 31, 2024 names MICHAEL MCATEE.
Who are the officers and directors of USA BOXING INC?
The 990 for the year ended December 31, 2024 lists 18 people; 3 received compensation from the organization, the highest $190,003 (WILLIAM WALSH, HEAD COACH).
How much revenue does USA BOXING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,704,211, expenses of $10,672,360 and total assets of $4,922,731 at year end.

Organizations in its group exemption (55)

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