Boys & Girls Club Of Lynn
- Assets
- $7.9m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 55
- Location
- Lynn, MA
- Founding
- 09/1970
- Data as of
- 12/2021
- 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 12/2021, Boys & Girls Club Of Lynn employed 55 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 12/2021, Boys & Girls Club Of Lynn generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 11.0% 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
2021
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 2020.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Theirrien Executive Di | Officer | 40 | $155,019 |
Robert Conlon Treasurer | OfficerTrustee | 1 | $0 |
Matthew Kirschner Treasurer | OfficerTrustee | 1 | $0 |
Erin M Muschette VP | OfficerTrustee | 1 | $0 |
Steve Hirsch Clerk | OfficerTrustee | 1 | $0 |
Joseph Scianatico President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $57,080 |
| Membership dues | $0 |
| Fundraising events | $261,746 |
| Related organizations | $0 |
| Government grants | $647,165 |
| All other contributions, gifts, grants, and similar amounts not included above | $826,831 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,792,822 |
| Total Program Service Revenue | $835,197 |
| Investment income | $30,853 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $72,703 |
| Net Income from Fundraising Events | -$97,542 |
| Net Income from Gaming Activities | $39,852 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,673,885 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,019 |
| Compensation of current officers, directors, key employees. | $31,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $817,514 |
| Pension plan accruals and contributions | $81,298 |
| Other employee benefits | $63,829 |
| Payroll taxes | $113,979 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,938 |
| Fees for services: Accounting | $8,055 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,507 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,754 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $400,152 |
| Travel | $3,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,402 |
| Interest | $66,545 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $71,695 |
| Insurance | $38,394 |
| All other expenses | $74,125 |
| Total functional expenses | $2,085,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $577,365 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,022,338 |
| Accounts receivable, net | $299,253 |
| 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 | $40,423 |
| Net Land, buildings, and equipment | $513,371 |
| Investments—publicly traded securities | $1,904,796 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $389,304 |
| Total assets | $7,860,400 |
| Accounts payable and accrued expenses | $342,177 |
| 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 | $1,174,933 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,517,110 |
| Net assets without donor restrictions | $3,437,543 |
| Net assets with donor restrictions | $2,905,747 |
| 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 | $7,860,400 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Boys & Girls Club Of Lynn has recieved totaling $17,500.
| Awarding Organization | Amount |
|---|---|
Henry A Pevear Estate Dallas, TX PURPOSE: SUPPORT NEEDY CHILDREN OF | $11,500 |
J Macnair Charitable Tr Uw 400-4538504 Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $6,000 |
Endowment Analysis
| Beg. Balance | $879,146 |
| Earnings | $53,543 |
| Ending Balance | $932,689 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Madison Square Boys & Girls Club Inc New York, NY | $113,166,450 | $16,186,377 |
Kips Bay Boys And Girls Club Inc Bronx, NY | $29,136,373 | $11,702,149 |
Boys & Girls Club Of Central New Hampshire Inc Concord, NH | $13,472,672 | $8,851,535 |
Boys And Girls Clubs Of Hartford Inc Hartford, CT | $43,657,664 | $9,963,793 |
Boys & Girls Club Of Metro Queens Inc South Richmond Hill, NY | $10,687,196 | $6,066,978 |
Boys & Girls Clubs Of The Capital Area Inc Albany, NY | $8,608,570 | $7,515,956 |
Boys Club Of Mount Kisco Inc Mount Kisco, NY | $9,832,840 | $5,014,270 |
Manchester Boys And Girls Club Manchester, NH | $20,547,456 | $4,680,452 |
Boys And Girls Clubs Of Providence Providence, RI | $5,991,132 | $4,785,276 |
Boys And Girls Clubs Of Metro South Inc Taunton, MA | $8,642,224 | $4,925,133 |
Boys & Girls Club Of Stamford Inc Stamford, CT | $14,208,923 | $3,416,145 |
Boys And Girls Club Of Worcester Worcester, MA | $9,939,235 | $5,496,927 |