Totals
- Total revenue
- $201,906
- Total expenses
- $198,456
- Contributions and grants received
- $154,436
- Grants paid
- $0
- Program service revenue
- $40,488
- Investment income
- $18
- Other revenue
- $6,964
- Total assets, end of year
- $107,719
- Total liabilities, end of year
- $550
- Net assets or fund balances, end of year
- $107,169
- Program services expenses (Part IX)
- $169,727
- Management and general expenses
- $28,243
- Fundraising expenses
- $486
- Program service expenses (Part III)
- $169,727
Program services were 85.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$154,436
-
2a · Program service revenue: Education
total $40,488 · related or exempt $40,488
-
3 · Investment income
total $18 · excluded $18
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$3,947
-
8b · Fundraising events: direct expenses
$575
-
8c · Net income from fundraising events
total $3,372
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Revenue
total $3,592 · excluded $3,592
-
11e · Other revenue, total
$3,592
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $60,866 · program services $60,866
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $5,311 · program services $5,311
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,600 · management and general $3,600
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $14,219 · program services $14,219
-
12 · Advertising and promotion
total $486 · fundraising $486
-
13 · Office expenses
total $5,767 · management and general $5,767
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $22,000 · program services $17,600 · management and general $4,400
-
17 · Travel
total $4,832 · program services $4,832
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,688 · program services $5,688
-
24a · Other expenses: Intern Stipends
total $10,804 · program services $10,804
-
24b · Other expenses: Staff Training
total $10,350 · program services $10,350
-
24c · Other expenses: Boxing Events
total $8,627 · program services $8,627
-
24d · Other expenses: Utilities
total $8,194 · program services $6,555 · management and general $1,639
-
24e · All other expenses
total $37,712 · program services $24,875 · management and general $12,837
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $103,719 · end of year $107,073
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $646
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
end of year $550
-
27 · Net assets without donor restrictions
beginning of year $103,719 · end of year $107,169
Mission and programs · 2023
Mission
Corner Team, Inc. uses olympic-style boxing to strengthen core competencies that support academic success, inspire healthy and active lifestyles, and build strong communities of engaged citizens.
-
Boxing & Fitness Club:Corner Team supports athletes at all levels in our 4,500+ square foot gym which has everything needed to work hard, improve technique, get in shape, and even train for an amateur/professional career. Group classes and private training at Corner Team Boxing & Fitness focus on sound boxing fundamentals, cardio-conditioning, and stretching. Members jump rope, shadow box, circuit train, work various bags, and do one-on-one pad work with our Coaches. Our activities are designed to work the entire body while honing boxing skills in the ring. As an official member of USA Boxing, Corner Team is also an authorized gym for sparring and sanctioned USA Boxing events which are held multiple times a year.
Expenses $169,727 · Revenue $40,488
-
Youth Champions Club:Corner Team provides free out-of-school programming that focuses on leadership development, academic success, boxing, and fitness. Youth Champions Club is a free and unique Baltimore after school and summer program for high school students. Students will have the opportunity to strengthen academic skills through project-based learning activities and STEM workshops, improve their health and wellness through boxing and fitness classes, grow their leadership capacity through leadership workshops and team-building activities, and develop positive peer-to-peer and caring adult relationships that will support them well in their futures.
As filed on the 2023 return.
Listed in Part VII
-
Miller J Roberts III
President
- Total calculated
- $0
- Hours/week
- 1
-
Landon White
Director
- Total calculated
- $0
- Hours/week
- 1
-
DJ Nash
Director
- Total calculated
- $0
- Hours/week
- 1
-
Becky Thomson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brooke Haycock
Director
- Total calculated
- $0
- Hours/week
- 1
-
Shamara Thomas
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sara Artes
Executive Dir.
- Total calculated
- $0
- Hours/week
- 35
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349319226
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