$600K paid to officers and key staff.
Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 7
filings with a surplus
Average surplus $197K a year · 4% of revenue · last 7 filings
Worth a look: a surplus in 3 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Pay to officers and key staff
$600K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.4M
139% of total assets
Concern: liabilities are 139% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
-60% vs prior year
Spent
$2.3M
Net assets
−$383K
By yearFY2019–FY2025
Revenue
$2.1M
FY2020▼ -60%
Tap a bar for its year
Revenue by fiscal year
FY2019$5.2M
FY2020$2.1M
FY2021$4.3M
FY2022$4.5M
FY2023$3.8M
FY2024$7.6M
FY2025$5.2M
Expenses
$2.3M
FY2020▼ -58%
Tap a bar for its year
Expenses by fiscal year
FY2019$5.5M
FY2020$2.3M
FY2021$3.7M
FY2022$4.5M
FY2023$4.0M
FY2024$5.7M
FY2025$5.6M
Net assets
−$383K
FY2020▼ -197%
Tap a bar for its year
Net assets by fiscal year
FY2019−$129K
FY2020−$383K
FY2021$246K
FY2022$255K
FY2023$90K
FY2024$2.0M
FY2025$1.5M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2012-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Nov 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

19 people listed on the 990; $600K paid to officers and key staff.

Part VII, Section A · reportable compensation
$480,000Pt VII · Sec A
$42,000Pt VII · Sec A
$36,000Pt VII · Sec A
Director
$30,000Pt VII · Sec A
$12,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Juan Arias’s $79K as Executive Director is at the 21st percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Gilberto Jesus Mendoza—$700,000$600,000$480,000$480,000$480,000
Juan Arias$78,775—————
Kina Malpaltida$60,000—————
Kina Talia Malpartida—$60,000————
Julio Thyme—$60,000$60,000$30,000$30,000—
Cecilia Comunales$49,200—————
Julio Quintero$48,000$30,000$30,000$30,000$30,000$42,000
Carlos Chavez Nieves$47,225—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See World Boxing Association INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Sanctions professional boxing bouts, offering a competitive framework for matches.

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

Promotion of the "ko drugs program", designed to combat the scourge of illegal drug use by young people throughout the world. This program is designed to promote proper values in young people as it relates to their education, families and communities.

Pt IX · col B
02

The medellin PROJECT/PROYETA elite mission is to establish an appropriate location for developing activities related to amateur & professional boxing, stimulate boxing local industry and opportunities for latin american boxers, trainers and officials.

Pt IX · col B
03

The regulation and sanctioning of professional boxing matches worldwide.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $7K · 2022–2022
Nevada Boxing Hall of FameFY2022$7,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Fees for servicesLn 2g$1.8M
Other incomeLn 4–11$257K
Money outPt IX
$2.3M
Ln 25
Owns and owesPt X
−$383K
net assets · Ln 32
Cash and savingsLn 1–2$290K
Total assetsLn 16$994K
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
19
listed · VII A
PaidVII A5
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.8M
Other incomeLn 4–11$257K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$196K
SavingsLn 2$94K
Cash and savings togetherLn 1–2$290K
Land, buildings, equipmentLn 10c$22K
Other assetsLn 15$70K
Total assetsLn 16$994K
LiabilitiesLn 26$1.4M
Net assetsLn 32−$383K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$572K$290K
Land, buildings, equipmentLn 10c$22K$22K
Total assetsLn 16$931K$994K
LiabilitiesLn 26$1.1M$1.4M
Net assetsLn 32−$129K−$383K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$23K
Pay of current officers, directors and key staffLn 5$600K
Management feesLn 11a$215
Accounting feesLn 11c$8K
Other fees for servicesLn 11g$12K
Advertising and promotionLn 12$117K
Office expensesLn 13$89K
OccupancyLn 16$13K
TravelLn 17$98K
Conferences, conventions and meetingsLn 19$240K
InsuranceLn 23$13K
Other expenses (24a–d)Ln 24$1.1M
Total functional expensesLn 25$2.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.2M$5.6M−$432K$1.5M 990 PDF
FY2024 $7.6M$5.7M$1.9M$2.0M 990 PDF
FY2023 $3.8M$4.0M−$165K$90K 990 PDF
FY2022 $4.5M$4.5M$9K$255K 990 PDF
FY2021 $4.3M$3.7M$629K$246K 990 PDF
FY2020 Viewing $2.1M$2.3M−$254K−$383K 990 PDF
FY2019 $5.2M$5.5M−$296K−$129K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,069,907 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $5,182,443$1,813,218
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $31,082$256,689
I-12 Total revenuePrior year $5,213,525$2,069,907
I-13 Grants and similar amounts paidPrior year $43,300$22,800
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $38,762$600,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,427,278$1,701,013
I-18 Total expensesPrior year $5,509,340$2,323,813
I-19 Revenue less expensesPrior year −$295,815−$253,906
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $2,069,907 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,813,218$1,813,218
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $256,689$256,689
VIII-12 Total revenueRelated to mission $2,069,907 · Unrelated business $0 · Excluded from tax $0$2,069,907
Part IX · Statement of functional expenses $2,323,813 across 12 lines filed
IX-3 Grants and assistance to foreign recipients$22,800
IX-5 Pay of current officers, directors and key staff$600,000
IX-11a Management fees$215
IX-11c Accounting fees$7,630
IX-11g Other fees for services$11,932
IX-12 Advertising and promotion$117,350
IX-13 Office expenses$89,043
IX-16 Occupancy$13,371
IX-17 Travel$97,924
IX-19 Conferences, conventions and meetings$240,262
IX-23 Insurance$12,583
IX-24 Other expenses (24a–d)$1,110,703
IX-25 Total functional expenses$2,323,813
Part X · Balance sheet $993,738 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $477,914$196,272
X-2 Savings and temporary cash investmentsStart of year $93,602$93,602
X-4 Accounts receivableStart of year $267,259$611,364
X-10c Land, buildings and equipment, netStart of year $22,500$22,500
X-15 Other assetsStart of year $70,000$70,000
X-16 Total assetsStart of year $931,275$993,738
X-17 Accounts payable and accrued expensesStart of year $685,070$970,022
X-25 Other liabilitiesStart of year $375,000$406,417
X-26 Total liabilitiesStart of year $1,060,070$1,376,439
X-32 Total net assets or fund balancesStart of year −$128,795−$382,701
X-33 Total liabilities and net assetsStart of year $931,275$993,738
Part XI · Reconciliation of net assets −$382,701 net assets at year end
XI-1 Total revenue$2,069,907
XI-2 Total expenses$2,323,813
XI-3 Revenue less expenses−$253,906
XI-4 Net assets at start of year−$128,795
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$382,701

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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