Lawrence Boys Club & Girls Club Inc
- Assets
- $13.0m
- Revenue
- $4.3m
- Investments
- $3.3m
- Employees
- 65
- Location
- Lawrence, MA
- Founding
- 02/1950
- Data as of
- 06/2022
- EIN
- 04-2104377
Organization Overview
Lawrence Boys Club & Girls Club Inc is located in Lawrence, MA. The organization was established in 1950. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Lawrence Boys Club & Girls Club Inc employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawrence Boys Club & Girls Club Inc 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 06/2022, Lawrence Boys Club & Girls Club Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. While expenses have increased by 1.8% 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 ENABLE ALL YOUNG PEOPLE OF GREATER LAWRENCE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL ACTIVITIES - THE CLUB PROVIDES A WIDE VARIETY OF AFTER SCHOOL ACTIVITIES IN FIVE CORE PROGRAM AREAS INCLUDING EDUCATION AND CAREER DEVELOPMENT, LEADERSHIP DEVELOPMENT, HEALTH AND LIFE SKILLS, SPORTS AND RECREATION AND THE ARTS. THE CLUB OPERATES DURING THE REGULAR SCHOOL YEAR AS WELL AS DURING SCHOOL VACATIONS. OUR GOAL IS TO PROVIDE HIGH IMPACT PROGRAMS AND ACTIVITIES WHICH HELP CHILDREN AND TEENAGERS AGE 7 THROUGH 18 TO GROW AND DEVELOP INTO HEALTHY AND WELL ROUNDED ADULTS WHO POSITIVELY CONTRIBUTE TO THEIR COMMUNITIES.
FOOD PROGRAM - THE CLUB PROVIDES NUTRITIONAL MEALS TO OUR YOUTH MEMBERSHIP. DURING FY 2022, WE SERVED APPROXIMATELY 38,000 MEALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Nahigian Director Of Development | 40 | $141,495 | |
Markus Fischer Executive Director | Officer | 40 | $139,275 |
Mr William P Deluca III Board Of Directors | Trustee | 1 | $0 |
Mr Gustavo Resendiz President | OfficerTrustee | 4 | $0 |
Mr Juan Yepez Vice President | OfficerTrustee | 2 | $0 |
Ms Natasha Ballou Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $15,640 |
| Membership dues | $0 |
| Fundraising events | $823,685 |
| Related organizations | $0 |
| Government grants | $774,319 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,623,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,237,086 |
| Total Program Service Revenue | $31,398 |
| Investment income | $86,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$14,755 |
| Net Gain/Loss on Asset Sales | $250 |
| Net Income from Fundraising Events | -$60,867 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,286,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $787,680 |
| Compensation of current officers, directors, key employees. | $127,187 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $914,623 |
| Pension plan accruals and contributions | $18,090 |
| Other employee benefits | $167,586 |
| Payroll taxes | $132,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $413 |
| Fees for services: Other | $15,295 |
| Advertising and promotion | $3,444 |
| Office expenses | $15,536 |
| Information technology | $18,967 |
| Royalties | $0 |
| Occupancy | $224,118 |
| Travel | $11,211 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $315 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $225,956 |
| Insurance | $72,888 |
| All other expenses | $61,579 |
| Total functional expenses | $3,138,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $900 |
| Savings and temporary cash investments | $4,281,873 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $159,330 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,001 |
| Net Land, buildings, and equipment | $5,195,688 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,335,440 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,006,232 |
| Accounts payable and accrued expenses | $8,261 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $591,731 |
| Total liabilities | $599,992 |
| Net assets without donor restrictions | $10,501,123 |
| Net assets with donor restrictions | $1,905,117 |
| 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 | $13,006,232 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lawrence Boys Club & Girls Club Inc has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
The Andover Companies Charitable Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $17,500 |
The Compass Fund 4737682 Kingston, NH PURPOSE: PROGRAM SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $1,836,954 |
| Earnings | -$208,835 |
| Net Contributions | $58,000 |
| Grants | $4,500 |
| Ending Balance | $1,681,619 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys Club Of New York Inc New York, NY | $82,937,742 | $8,832,781 |
Boys And Girls Clubs Of Dorchester Inc Dorchester, MA | $16,405,048 | $11,891,142 |
Boys & Girls Club Of Greenwich Inc Greenwich, CT | $29,987,192 | $5,190,957 |
Boys & Girls Club Of Stoneham Inc Stoneham, MA | $4,481,913 | $4,528,251 |
Lawrence Boys Club & Girls Club Inc Lawrence, MA | $13,006,232 | $4,286,609 |
The Boys & Girls Clubs Of The Northtowns Of Wny Inc Buffalo, NY | $2,380,419 | $3,437,750 |
Boys & Girls Club Of Greater Lowell Inc Lowell, MA | $9,382,961 | $5,629,070 |
Arlington Boys Club Inc Arlington, MA | $4,435,902 | $2,967,384 |
Thomas Chew Memorial Boys Club Inc Fall River, MA | $8,968,327 | $2,742,727 |
Boys & Girls Club Of Ridgefield Ridgefield, CT | $10,525,413 | $2,835,035 |
Boys & Girls Club Of Harlem Inc New York, NY | $3,234,701 | $1,319,730 |
Springfield Boys & Girls Club Inc Springfield, MA | $9,227,805 | $1,883,527 |