Boys & Girls Club Of Greater Lowell Inc is located in Lowell, MA. The organization was established in 1954. 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 12/2021, Boys & Girls Club Of Greater Lowell Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Greater Lowell 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 12/2021, Boys & Girls Club Of Greater Lowell Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 7.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENABLE YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL AND FULL-TIME SUMMER PROGRAMS WHOSE PRIMARY FOCUS IS TO HELP ACHIEVE SUCCESS IN THE FOLLOWING IMPACT AREAS: ACADEMIC SUCCESS, HEALTHY LIFSTYLES AND GOOD CHARACTER AND CITIZENSHIP. PROGRAM AREAS INCLUDE FITNESS, ARTS, TECHNOLOGY, EDUCATION AND A DAILY MEALS PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph C Hungler Executive Di | Officer | 40 | $113,360 |
Brian Chapman Trustee Chai | OfficerTrustee | 1 | $0 |
Paul Defronzo Treasurer | OfficerTrustee | 2 | $0 |
Justine Defronzo Immediate Pa | OfficerTrustee | 2 | $0 |
Thomas Hammond Board Chair | OfficerTrustee | 2 | $0 |
Kristyn Mckenna Clerk | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $25,890 |
Fundraising events | $338,803 |
Related organizations | $0 |
Government grants | $875,138 |
All other contributions, gifts, grants, and similar amounts not included above | $4,397,609 |
Noncash contributions included in lines 1a–1f | $81,893 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,637,440 |
Total Program Service Revenue | $3,800 |
Investment income | $12,597 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $90,448 |
Net Income from Fundraising Events | -$115,215 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,629,070 |
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. | $121,489 |
Compensation of current officers, directors, key employees. | $24,298 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,210,133 |
Pension plan accruals and contributions | $22,999 |
Other employee benefits | $76,991 |
Payroll taxes | $115,581 |
Fees for services: Management | $0 |
Fees for services: Legal | $160 |
Fees for services: Accounting | $12,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,136 |
Fees for services: Other | $208,219 |
Advertising and promotion | $800 |
Office expenses | $28,050 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $147,472 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,708 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $97,460 |
Insurance | $70,510 |
All other expenses | $17,302 |
Total functional expenses | $2,433,456 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $373,071 |
Savings and temporary cash investments | $51,354 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,817,808 |
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 | $26,554 |
Net Land, buildings, and equipment | $1,003,970 |
Investments—publicly traded securities | $0 |
Investments—other securities | $3,667,614 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $442,590 |
Total assets | $9,382,961 |
Accounts payable and accrued expenses | $182,604 |
Grants payable | $0 |
Deferred revenue | $1,665 |
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 | $108,277 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $292,546 |
Net assets without donor restrictions | $1,977,874 |
Net assets with donor restrictions | $7,112,541 |
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 | $9,382,961 |
Over the last fiscal year, we have identified 34 grants that Boys & Girls Club Of Greater Lowell Inc has recieved totaling $1,766,341.
Awarding Organization | Amount |
---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $300,000 |
Amelia Peabody Foundation Wellesley, MA PURPOSE: OPERATIONS | $275,000 |
Wellington Management Foundation Boston, MA PURPOSE: See Part IV | $150,000 |
Greater Lowell Community Foundation Inc Lowell, MA PURPOSE: GENERAL SUPPORT | $133,500 |
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $109,026 |
Amelia Peabody Charitable Fund Trs Boston, MA PURPOSE: CAPITAL | $100,000 |
Beg. Balance | $1,867,790 |
Earnings | $111,198 |
Net Contributions | $28,500 |
Other Expense | -$6,766 |
Ending Balance | $2,000,722 |
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 |