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World Boxing Organization Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.04M (2024)

Expenses
$1.84M (2024)

Total Assets
$3.82M (2024)

Total Liabilities
$499k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,042,827
Expenses
$1,843,135
Net Income
$199,692
Net Assets
$3,325,297
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,042,827
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $126,000
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $91,900
5.0%
Assets/Debt
Total Assets $3,823,888
Total Liabilities $498,591
Net Assets $3,325,297
Compensation
Key Employees and Officers Compensation Related Other
Francisco Valcarcel (President) $126,000 $0 $0
Luis Batista (Chairman) $0 $0 $0
John Duggan (Vice President) $0 $0 $0
Adolfo Flores Monge (Treasurer) $0 $0 $0
Alberto Rodrguez Prez (Secretary) $0 $0 $0
Erno Labega (Trustee) $0 $0 $0
Genaro Rodriguez (Trustee) $0 $0 $0
Rolando Marcos Hermoso (Trustee) $0 $0 $0
Richard De Cuir (Trustee) $0 $0 $0
Jesuan Letizia (Trustee) $0 $0 $0
Istvn Kovcs (Trustee) $0 $0 $0
Leon P Panoncillo (Trustee) $0 $0 $0
Craig Hubble (Trustee) $0 $0 $0
Michael Pernick (Trustee) $0 $0 $0
Rafael Lopez Santos (Trustee) $0 $0 $0
John Handelaar (Trustee) $0 $0 $0
Markus Aslani (Trustee) $0 $0 $0
Marion Palatin (Trustee) $0 $0 $0
Sergei Khursanov (Trustee) $0 $0 $0
Thomas Puetz (Trustee) $0 $0 $0
Tsuyoshi Yasukochi (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,197,171
Expenses
$1,460,619
Net Income
$736,552
Net Assets
$3,125,605
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,197,171
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $80,183
5.5%
Assets/Debt
Total Assets $3,617,321
Total Liabilities $491,716
Net Assets $3,125,605
Compensation
Key Employees and Officers Compensation Related Other
Francisco Valcarcel (President) $104,000 $8,000 $0
Leon Panoncillo (Vp Asia Pacific) $0 $0 $0
Jorge Molina (Latino/South America) $0 $0 $0
Luis Batista (Chairman) $0 $0 $0
John Duggan (First Vp) $0 $0 $0
Erno Labega (2nd Vp) $0 $0 $0
Genaro Rodriguez (Third Vp) $0 $0 $0
Rolando Marcos Hermoso (Four Vp) $0 $0 $0
Adolfo Flores (Treasurer) $0 $0 $0
Rafael Lopez (Member) $0 $0 $0
Markus Aslani (Member) $0 $0 $0
Igor Mazurov (Member) $0 $0 $0
John Handelaar (Member) $0 $0 $0
Jack Daniel Leigh (Member) $0 $0 $0
Thomas Puetz (Member) $0 $0 $0
Alberto Rodriguez (Secretary) $0 $0 $0
Edgardo Lopez (Championship Committee) $0 $0 $0
Richard De Cuir (Vp North America) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,099,484
Expenses
$1,140,264
Net Income
$959,220
Net Assets
$2,389,053
Notable Sources of Revenue Percent of Total Revenue
Contributions $33,700
1.6%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,065,784
98.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $184,900
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,002,037
Total Liabilities $612,984
Net Assets $2,389,053
Compensation
Key Employees and Officers Compensation Related Other
Francisco Valcarcel (President) $89,600 $0 $0
Leon Panoncillo (Vp Asia Pacific) $0 $0 $47,100
Jorge Molina (Latino/South America) $0 $0 $18,000
Luis Batista (Chairman) $0 $0 $0
John Duggan (First Vp) $0 $0 $0
Erno Labega (2nd Vp) $0 $0 $0
Genaro Rodriguez (Third Vp) $0 $0 $0
Rolando Marcos Hermoso (Four Vp) $0 $0 $0
Adolfo Flores (Treasurer) $0 $0 $0
Rafael Lopez (Member) $0 $0 $0
Markus Aslani (Member) $0 $0 $0
Igor Mazurov (Member) $0 $0 $0
John Handelaar (Member) $0 $0 $0
Jack Daniel Leigh (Member) $0 $0 $0
Thomas Puetz (Member) $0 $0 $0
Alberto Rodriguez (Secretary) $0 $0 $0
Edgardo Lopez (Championship Committee) $0 $0 $0
Richard De Cuir (Member) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,099,395
Expenses
$679,030
Net Income
$420,365
Net Assets
$1,429,833
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,099,395
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $139,520
20.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,010,301
Total Liabilities $580,468
Net Assets $1,429,833
Compensation
Key Employees and Officers Compensation Related Other
Francisco Valcarcel (President) $81,900 $0 $0
Leon Panoncillo (Vp Asia Pacific) $0 $0 $47,100
Jorge Molina (Latino/South America) $0 $0 $18,000
Luis Batista (Chairman) $0 $0 $0
John Duggan (First Vp) $0 $0 $0
Erno Labega (2nd Vp) $0 $0 $0
Genaro Rodriguez (Third Vp) $0 $0 $0
Rolando Marcos Hermoso (Four Vp) $0 $0 $0
Adolfo Flores (Treasurer) $0 $0 $0
Rafael Lopez (Member) $0 $0 $0
Markus Aslani (Member) $0 $0 $0
Igor Mazurov (Member) $0 $0 $0
John Handelaar (Member) $0 $0 $0
Jack Daniel Leigh (Member) $0 $0 $0
Thomas Puetz (Member) $0 $0 $0
Alberto Rodriguez (Secretary) $0 $0 $0
Edgardo Lopez (Championship Committee) $0 $0 $0
Richard De Cuir (Member) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,224,497
Expenses
$1,313,063
Net Income
-$88,566
Net Assets
$1,009,468
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,224,497
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $58,400
4.4%
Assets/Debt
Total Assets $1,522,484
Total Liabilities $513,016
Net Assets $1,009,468
Compensation
Key Employees and Officers Compensation Related Other
Francisco Valcarcel (President) $81,900 $0 $0
Leon Panoncillo (Vp Asia Pacific) $0 $0 $47,100
Istvan Kovacs (Vp Wbo Europe) $0 $0 $14,400
Jorge Molina (Latino/South America) $0 $0 $13,600
Luis Batista (Chairman) $0 $0 $0
John Duggan (First Vp) $0 $0 $0
Erno Labega (2nd Vp) $0 $0 $0
Genaro Rodriguez (Third Vp) $0 $0 $0
Rolando Marcos Hermoso (Four Vp) $0 $0 $0
Adolfo Flores (Treasurer) $0 $0 $0
Rafael Lopez (Member) $0 $0 $0
Markus Aslani (Member) $0 $0 $0
Igor Mazurov (Member) $0 $0 $0
John Handelaar (Member) $0 $0 $0
Jack Daniel Leigh (Member) $0 $0 $0
Thomas Puetz (Member) $0 $0 $0
Alberto Rodriguez (Secretary) $0 $0 $0
Edgardo Lopez (Championship Committee) $0 $0 $0
Richard De Cuir (Member) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,611,839
Expenses
$1,424,307
Net Income
$187,532
Net Assets
$1,098,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,611,839
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
7.3%
Professional Fundraising Fees $0
Other Salaries and Wages $61,041
4.3%
Assets/Debt
Total Assets $1,544,955
Total Liabilities $446,921
Net Assets $1,098,034

Document Links

Fiscal Year Ending Aug.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,213,318
Expenses
$1,230,365
Net Income
-$17,047
Net Assets
$910,502
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,213,318
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
8.5%
Professional Fundraising Fees $0
Other Salaries and Wages $70,560
5.7%
Assets/Debt
Total Assets $1,626,562
Total Liabilities $716,060
Net Assets $910,502

Document Links

Fiscal Year Ending Aug.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,738,000
Expenses
$1,472,858
Net Income
$265,142
Net Assets
$927,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,738,000
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $86,914
5.9%
Assets/Debt
Total Assets $1,554,745
Total Liabilities $627,196
Net Assets $927,549

Document Links

Fiscal Year Ending Aug.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,081,233
Expenses
$1,419,261
Net Income
-$338,028
Net Assets
$662,407
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,081,233
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
7.3%
Professional Fundraising Fees $0
Other Salaries and Wages $85,098
6.0%
Assets/Debt
Total Assets $1,073,349
Total Liabilities $410,942
Net Assets $662,407

Document Links

Fiscal Year Ending Aug.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,713,038
Expenses
$1,771,027
Net Income
-$57,989
Net Assets
$1,000,435
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,713,038
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $83,695
4.7%
Assets/Debt
Total Assets $1,421,230
Total Liabilities $420,795
Net Assets $1,000,435

Document Links

Fiscal Year Ending Aug.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,218,353
Expenses
$1,622,993
Net Income
$595,360
Net Assets
$1,058,424
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,218,353
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $86,118
5.3%
Assets/Debt
Total Assets $2,036,410
Total Liabilities $977,986
Net Assets $1,058,424

Document Links

Fiscal Year Ending Aug.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,301,510
Expenses
$1,584,910
Net Income
-$283,400
Net Assets
$463,064
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,301,510
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $89,012
5.6%
Assets/Debt
Total Assets $735,492
Total Liabilities $272,428
Net Assets $463,064

Document Links

Fiscal Year Ending Aug.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,267,026
Expenses
$1,129,559
Net Income
$137,467
Net Assets
$746,464
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,267,026
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $110,067
9.7%
Assets/Debt
Total Assets $950,808
Total Liabilities $204,344
Net Assets $746,464

Document Links

Fiscal Year Ending Aug.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,119,456
Expenses
$1,025,138
Net Income
$94,318
Net Assets
$608,997
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,119,456
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $104,000
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $115,864
11.3%
Assets/Debt
Total Assets $860,926
Total Liabilities $251,929
Net Assets $608,997

Document Links

Fiscal Year Ending Aug.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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