Foundation For Boston Centers For Youth & Families Inc
- Assets
- $1.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 27
- Location
- Boston, MA
- Founding
- 06/1977
- Data as of
- 06/2022
- EIN
- 04-2602576
Organization Overview
Foundation For Boston Centers For Youth & Families Inc is located in Boston, MA. The organization was established in 1977. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Foundation For Boston Centers For Youth & Families Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Boston Centers For Youth & Families 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, Foundation For Boston Centers For Youth & Families Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 2.5% 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.
Since 2015, Foundation For Boston Centers For Youth & Families Inc has awarded 91 individual grants totaling $1,798,614. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE COMMUNITY CENTERS WHICH ORGANIZE EDUCATIONAL AND RECREATIONAL ACTIVITIES FOR BOSTON RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY AND CIVIC ENGAGEMENT - PROGRAMS FOR VARIOUS YOUTH LEADERSHIP DEVELOPMENT OPPORTUNITIES TO COMMUNITY SERVICE PROJECTS FOR BOTH YOUTH AND ADULTS.
YOUTH EMPLOYMENT - BCYF EMPLOYS OVER 400 TEENS DURING THE SUMMER MONTHS. THESE OPPORTUNITIES VARY SLIGHTLY FROM SUMMER TO SUMMER, BUT RANGE FROM APPRENTICESHIPS IN BCYF COMPUTER LABS, POSITIONS WITH BCYF RECREATION DIVISION, LIFEGUARDING AT BCYF POOLS, JUNIOR COUNCILORS AT BCYF SUMMER CAMPS AND MANY OTHER MEANINGFUL OPPORTUNITIES. EACH BCYF EMPLOYMENT OPPORTUNITY IS DESIGNED TO HELP TEENS DEVELOP THEIR OWN UNIQUE SKILLS AND COMPENTENCIES, WHILE TEACHING IMPORTANT CAREER READINESS SKILLS IN A SUPPORTIVE ENVIRONMENT.
SPORTS, RECREATION AND HEALTH PROGRAMS - BCYF'S RECREATION DIVISION OFFERS A VARIETY OF INNOVATIVE RECREATIONAL ACTIVITIES, SPORTS, AND TRAININGS YEAR-ROUND TO ADDRESS THE PHYSICAL FITNESS, HEALTH, AND SOCIAL ENRICHMENT NEEDS OF ALL BOSTON RESIDENTS. THE RECREATION DIVISION PROVIDES PROGRAMMING FOR ALL AGES WITH A PRIMARY FOCUS ON PROVIDING A BROAD RANGE OF ACTIVITIES FOR ALL YOUTH AGES 6-18 IN SAFE AND SECURE SETTINGS. BCYF RECREATIONAL ACTIVITIES ARE AVAILABLE CITY-WIDE, ENSURING EASY ACCESS FOR ALL. THE FOUNDATION FOSTERS STRONG PARTNERSHIPS WITH LOCAL COLLEGES AND UNIVERSITIES, PROFESSIONAL SPORTS TEAMS, THE BUSINESS COMMUNITY, AND OTHER AGENCIES AND DEPARTMENTS TO BRING IN SUPPORT AND EXPERTISE. A PLETHORA OF ELDER SERVICES, HEALTH SCREENINGS, AND OTHER PROGRAMS DEFINED BY NEIGHBORHOOD NEEDS ARE ALSO AVAILABLE.
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 |
|---|---|---|---|
Christian Onuoha Chairperson | OfficerTrustee | 1 | $0 |
Matt Meyersohn Vice-Chairperson | OfficerTrustee | 1 | $0 |
Michael Christopher Director | OfficerTrustee | 1 | $0 |
Angela Holm Clerk | OfficerTrustee | 1 | $0 |
Arthur Deych Director | Trustee | 1 | $0 |
Claire Durant Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $964,920 |
| All other contributions, gifts, grants, and similar amounts not included above | $559,431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,524,351 |
| Total Program Service Revenue | $58,015 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,582,366 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,955 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $348,179 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,927 |
| Advertising and promotion | $0 |
| Office expenses | $8,406 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,314 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,933 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,367 |
| Insurance | $0 |
| All other expenses | $19,098 |
| Total functional expenses | $1,046,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,372,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $136,120 |
| 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 | $78,511 |
| Net Land, buildings, and equipment | $33,835 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,621,014 |
| Accounts payable and accrued expenses | $78,001 |
| 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 | $0 |
| Total liabilities | $78,001 |
| Net assets without donor restrictions | $660,356 |
| Net assets with donor restrictions | $882,657 |
| 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 | $1,621,014 |
Grants Awarded
Over the last fiscal year, Foundation For Boston Centers For Youth & Families Inc has awarded $115,335 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ROSLINDALE COMMUNITY CENTER INC PURPOSE: SUMMER CAMP PROGRAM | $9,000 |
JACKSON MANN COMMUNITY SCHOOL AND COUNCILINC PURPOSE: SUMMER CAMP PROGRAMYOUTH VENTURE PROGRAM | $10,000 |
NAZARRO COMMUNITY CENTER PURPOSE: SUMMER CAMP PROGRAMYOUTH VENTURE PROGRAM | $14,735 |
BLACKSTONE COMMUNITY CENTER PURPOSE: SUMMER CAMP PROGRAM | $9,450 |
LEAHYHOLLORAN CENTER PURPOSE: SUMMER CAMP PROGRAM, PROGRAM GRANT | $0 |
JAMAICA PLAIN COMMUNITY CENTERS PURPOSE: SUMMER CAMP PROGRAM | $5,700 |