Civic Intelligence

Fres Oquendo Boxing Academy Inc

990EZ • Fiscal year 2022 • EIN 27-1447913

Jan 01, 2022 to Dec 31, 2022 • Filed on Dec 21, 2023

Organization Profilefobaintl.org
1555 Mission CTBartlett, IL 60103

(787) 464-5151

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

78th percentile

29%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

32nd percentile

-9.3%

Faster revenue growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $10,317 (-100%) from 2021

Net Assets

Down

$0

Down $10,994 (-100%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin78th percentile

Revenue

$83,472

No earlier filing loaded for comparison.

Expenses

Up

$59,341

Up $35,325 (+147%) from 2021

Net Income

$24,131

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2020: $35,010Liabilities 2020: $0Net Assets 2020: $35,0862020Assets 2021: $10,317Liabilities 2021: $0Net Assets 2021: $10,9942021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $2,5462023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $1,1882024

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2018: $101,958Expenses 2018: $101,989Net Income 2018: -$312018Revenue 2020: $101,438Expenses 2020: $66,428Net Income 2020: $35,0102020Expenses 2021: $24,0162021Revenue 2022: $83,472Expenses 2022: $59,341Net Income 2022: $24,1312022Revenue 2023: $72,243Expenses 2023: $69,697Net Income 2023: $2,5462023Revenue 2024: $67,925Expenses 2024: $66,737Net Income 2024: $1,1882024

Highlighted filing

2022

Revenue$83,472
Expenses$59,341
Net Income$24,131
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Dec 21, 2023
Return Version
2022v5.0
Gross Receipts
$83,472
Mission and Program Overview

Mission

Social Welfare Organization

Educate the youths of today to the art of boxing

Program Services

DescriptionGrantsExpenses
With the help of Catholic Charities we hosted a boxing camp where we helped the underprivileged and donated to the youths 75 laptops We continue to strive to assist these youths to help them with education and health wellness$10,000$10,000
FOBA Foundation opened a new location to help reach out to underprivilged and atrisk youths The new location is located in a high crime area where the focus of the Foundation was to target the youths before they are drawn into the atrisk lifestyle The investment of funds was for a new boxing rink and gym equiptment and all the gear necessary for training$8,500$8,500
As a World Boxing Council Ambassodor I am asked to host these camps We purchased new equiptment and training gear for our international youth camps The camp we setup in Mexico was a huge success We have already locked in 3 dates to return in 2023$2,300$2,300
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRES OQUENDOPresident-$0--
DR JOCELYN HARNEYSecretary-$0--
OLUSEGUN DANIELTreasurer-$0--
VINCENT J WILLIS JRVice Chairman-$0--
STACEY OQUENDOChief Operating Office-$0--
DORCAS DAVILLAAdvisor-$0--
Filing and Contact Details

Filer

Filer Name
Foba Foundation Inc
EIN
27-1447913
In Care Of
% FRES OQUENDO
Phone
7874645151
Address
1555 MISSION CT, Bartlett, IL 60103

Signing Officer

Name
Fres Oquendo
Title
Owner
Phone
7874645151
Signed
2023-12-21
Discuss with paid preparer
Yes

Preparer

Firm
A&r Taxpros LLC
Address
380 E ST CHARLES RD, UNIT 1792, LOMBARD, IL 60148
Preparer
Julio Rodriguez
Phone
7735445407
Supplemental Narrative

Additional Explanations

Part I Line 16

“Information technology $2930.00”

Part I Line 16

“Travel $2300.00”

Part I Line 16

“Conferences, conventions, and meetings $8634.00”

Part I Line 16

“Insurance $3561.00”

Part I Line 16

“PROGRAM FEES $5225.00”

Part I Line 16

“Operational supplies $6692.00”

Part I Line 16

“Licenses and permits $2935.00”

Part I Line 16

“Holistic wellness supplement $4194.00”

Raw XML Appendix172 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/TaxPeriodBeginDt02022-01-01
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ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$83,472
Expenses
$59,341
Net income
$24,131
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.68$0.67$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.03$0.72$0.70$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.83$0.59$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.11$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$1.01$0.66$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.02$1.02$0.00