Boys & Girls Club Of Lynn
- Assets
- $9.4m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 72
- Location
- Lynn, MA
- Founding
- 09/1970
- Data as of
- 12/2022
- EIN
- 04-2103924
Organization Overview
Boys & Girls Club Of Lynn is located in Lynn, MA. The organization was established in 1970. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Boys & Girls Club Of Lynn employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Lynn is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Boys & Girls Club Of Lynn generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $2.8m during the year ending 12/2022. While expenses have increased by 13.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE FROM DISADVANTAGED CIRCUMSTANCES, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAIN CLUB'S DROP IN PROGRAM PROVIDES SOCIAL RECREATION FOR CHILDREN, AGES 5 TO 18, VIA SWIMMING, BOWLING, GAME ROOM, AND GYM AS WELL AS EDUCATIONAL ASSISTANCE ON VARIOUS SUBJECTS AND GANG PREVENTION DURING THE SCHOOL YEAR. THE MAIN CLUB SERVES 75 TO 100 CHILDREN DAILY. THE CLUB ALSO OPERATES AFTERSCHOOL CHILDCARE FOR CHILDREN AGES 5-10 YEARS OF AGE AT THE MAIN CLUB FOR UP TO 78 CHILDREN.
THE CAMP PROVIDES OUTDOOR RECREATION VIA BOATING,HIKING, SWIMMING, AND NATURE EXCURSIONS. THE CAMP ALSO PROVIDES EDUCATIONAL OPPORTUNITIES, SUCH AS SWIM LESSONS, WATER AND BOATING SAFETY, HEALTHY HABITS, TEAMBUILDING AND ENVIRONMENTAL RESPONSIBILITY. THE CAMP OPERATES DURING THE SUMMER. THE CAMP WAS OPEN FOR 10 WEEKS DURING 2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Theirrien Executive Di | Officer | 40 | $178,000 |
Shanel Anderson Director | Trustee | 1 | $0 |
Ray Bastarache Director | Trustee | 1 | $0 |
Diana Breed Director | Trustee | 1 | $0 |
Jimmy Connors Director | Trustee | 1 | $0 |
Patrick Deiulis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $31,283 |
| Membership dues | $0 |
| Fundraising events | $226,989 |
| Related organizations | $0 |
| Government grants | $1,194,586 |
| All other contributions, gifts, grants, and similar amounts not included above | $610,149 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,063,007 |
| Total Program Service Revenue | $1,197,723 |
| Investment income | $50,796 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,195,000 |
| Net Rental Income | $42,950 |
| Net Gain/Loss on Asset Sales | -$13,897 |
| Net Income from Fundraising Events | -$106,926 |
| Net Income from Gaming Activities | $33,006 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,461,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $178,000 |
| Compensation of current officers, directors, key employees. | $35,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,144,156 |
| Pension plan accruals and contributions | $89,093 |
| Other employee benefits | $85,932 |
| Payroll taxes | $102,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,068 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,541 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,372 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $524,030 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,270 |
| Interest | $41,040 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,124 |
| Insurance | $49,735 |
| All other expenses | $140,641 |
| Total functional expenses | $2,836,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,374,405 |
| Savings and temporary cash investments | $692,818 |
| Pledges and grants receivable | $292,540 |
| Accounts receivable, net | $313,929 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,113,550 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $61,254 |
| Net Land, buildings, and equipment | $616,449 |
| Investments—publicly traded securities | $2,547,487 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $425,297 |
| Total assets | $9,437,729 |
| Accounts payable and accrued expenses | $501,083 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $266,754 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $767,837 |
| Net assets without donor restrictions | $6,493,943 |
| Net assets with donor restrictions | $2,175,949 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,437,729 |