MADISON BOXING GYM INC

PHOENIX, AZ · EIN 813903130 · Form 990EZ · FY2022 · NTEE N40 · Recreation & Sports · Micro (<$100K) · www.madisonboxinggym-az.com

revenue

$47K

expenses

$46K

net assets

$11K

employees

—

mission · from form 990

Combating against drugs and gangs by providing a gym boxing lessons for kids with the goal of them boxing in the olympics and learning to work together as a team.

profile · synthesized from sources

Madison Boxing Gym in Phoenix, Arizona provides professional boxing training to youth and aspiring fighters, emphasizing discipline and community development. Founded by Coach Ricky Ricardo, the gym has trained Olympic and world champions while promoting boxing as an alternative to gang and drug involvement. The organization focuses on youth development through structured training and mentorship.

named programs · 2 · from sources

what they call their work

Junior Olympics Program

Youth boxing initiative that prepares young athletes for competition, supported by donations of gear and travel funding from professional fighters

Professional Boxing Training

Comprehensive training program for amateur and professional boxers, led by Coach Ricky Ricardo, aimed at developing champions and Olympic-level competitors

activities · 2 groups

what they do

Advanced & Competitive Martial Arts Training 2 activities
- Professional and Olympic boxing training program
  
  Provides long-term boxing training to elite athletes, including Olympic competitors, world champions, and professional boxers preparing for high-profile fights. The gym has trained notable fighters such as Oscar De La Hoya ahead of the 1992 Olympics, Floyd Mayweather before his 1998 fight against Diego Corrales, and Mike Tyson during 1998–2000.
- Training professional and Olympic-level boxers
  
  Provides long-term boxing training to elite athletes, including Olympic medalists, world champions, and professional fighters preparing for major bouts. The gym has supported athletes such as Oscar De La Hoya ahead of the 1992 Olympics, Floyd Mayweather before his 1998 fight with Diego Corrales, and Kingsley Ibeh, currently ranked sixth in the U.S. heavyweight division with a scheduled fight at Madison Square Garden in 2026.
Uncategorized 2 activities
- Supporting youth and community initiatives through athlete contributions
  
  Facilitates community support efforts by prominent boxers associated with the gym, including Mike Tyson’s purchase of turkeys and Christmas presents for children and Floyd Mayweather’s provision of apparel and funding for Junior Olympics trips to Las Vegas.
- Youth and community support initiatives
  
  Supports youth athletic development and community welfare through contributions from affiliated boxers, including Floyd Mayweather funding trips to Las Vegas for Junior Olympics participants and providing apparel, and Mike Tyson purchasing turkeys and Christmas gifts for children.

financials · form 990EZ · fy2022

revenue

Total revenue$47K

Contributions & grants$00%

Program service revenue$00%

Investment income$00%

Other revenue—

expenses

Total expenses$46K

Program expenses—

Admin / overhead—

Fundraising—

Salaries & benefits—

Grants paid out—

balance sheet

Total assets$11K

Cash—

Investments—

Liabilities—

Net assets$11K

3 years on record · 2020–2022 · YoY revenue -18.8%