Foundation For Boston Centers For Youth & Families Inc
- Assets
- $1.1m
- Revenue
- $725.6k
- Investments
- $0.0
- Employees
- 71
- Location
- Boston, MA
- Founding
- 06/1977
- Data as of
- 06/2021
- 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 06/2021, Foundation For Boston Centers For Youth & Families Inc employed 71 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 06/2021, Foundation For Boston Centers For Youth & Families Inc generated $725.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. 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 74 individual grants totaling $1,177,880. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY CENTER ORGANIZES EDUCATIONAL AND RECREATIONAL ACTIVITIES FOR BOSTON RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - BCYF'S EDUCATIONAL PROGRAMS EMPOWER RESIDENTS TO BECOME PROFICIENT IN BASIC EDUCATIONAL DISCIPLINES, APPLY LEARNING TO EVERYDAY SITUATIONS, AND TO EMBRACE TECHNOLOGY TO IMPROVE EMPLOYABILITY. BCYF OFFERS A NEIGHBORHOOD-BASED NETWORK OF ADULT EDUCATION SERVICES THAT ARE OFFERED AT MULTIPLE BCYF COMMUNITY CENTERS AROUND THE CITY IN TWO CLASS TYPES: ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL) AND GED PREPARATION. OTHER PROGRAMS OFFERED INCLUDING VARIOUS COMPUTER CLASSES FOR ALL AGES, SCHOOL-AGED TUTORING, ADULT AND CHILD COOKING COURSES, CAREER EXPLORATION PROGRAMS, AND MANY MORE.
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.
SUMMER - IN THE SUMMER, ALL BCYF COMMUNITY CENTERS ARE OVERFLOWING WITH CHILDREN AND YOUTH PARTICIPATING IN OVER 50 DAILY SUMMER CAMPS AND SUMMER PROGRAMS THAT ARE AVAILABLE CITYWIDE. NEARLY 14,000 YOUNG PEOPLE BETWEEN THE AGES OF 6 AND 18 PARTICIPATE IN A BCYF SUMMER CAMP OR SUMMER PROGRAM. IN ADDITION TO TRADITIONAL SUMMER CAMPS, BCYF COORDINATES A WIDE VARIETY OF CITYWIDE SPECIAL EVENTS RANGING FROM NEIGHBORHOOD COOKOUTS AND CONCERTS TO LARGE SCALE-FEILD TRIPS AND RECREATION ACTIVITIES, WHILE SIMULTANEOUSLY OPERATING SWIMMING POOLS IN EVERY NEIGHBORHOOD FOR BOSTON RESIDENTS TO ENJOY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian Onuoha Chairperson | OfficerTrustee | 1 | $0 |
Matt Meyersohn Vice-Chairperson | OfficerTrustee | 1 | $0 |
Angela Holm Clerk | OfficerTrustee | 1 | $0 |
Michael Christopher Director | OfficerTrustee | 1 | $0 |
Claire Durant Director | Trustee | 1 | $0 |
Arthur Deych Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,695 |
| Related organizations | $0 |
| Government grants | $24,089 |
| All other contributions, gifts, grants, and similar amounts not included above | $617,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $738,194 |
| Total Program Service Revenue | $63,117 |
| 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 | -$75,729 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $725,582 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $160,558 |
| Grants and other assistance to domestic individuals. | $116,400 |
| 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 | $335,575 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,747 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,677 |
| Advertising and promotion | $0 |
| Office expenses | $15,292 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,274 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,447 |
| Insurance | $0 |
| All other expenses | $13,841 |
| Total functional expenses | $1,008,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $818,274 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $199,203 |
| 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 | $4,932 |
| Net Land, buildings, and equipment | $44,202 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,066,611 |
| Accounts payable and accrued expenses | $53,997 |
| Grants payable | $0 |
| Deferred revenue | $5,900 |
| 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 | $59,897 |
| Net assets without donor restrictions | $502,604 |
| Net assets with donor restrictions | $504,110 |
| 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 | $1,066,611 |
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 |
|---|---|
Boston, MA PURPOSE: SUMMER CAMP PROGRAMYOUTH VENTURE PROGRAM | $14,735 |
Roslindale, MA PURPOSE: SUMMER CAMP PROGRAM | $11,200 |
Boston, MA PURPOSE: PROGRAM SUPPORT | $10,000 |
Allston, MA PURPOSE: SUMMER CAMP PROGRAMYOUTH VENTURE PROGRAM | $10,000 |
VINE ST COMMUNITY CENTER PURPOSE: SUMMER CAMP PROGRAM | $9,500 |
Hyde Park, MA PURPOSE: SUMMER CAMP PROGRAMYOUTH VENTURE PROGRAMMEDIA ARTS PROGRAM | $9,500 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Foundation For Boston Centers For Youth & Families Inc has recieved totaling $136,680.
| Awarding Organization | Amount |
|---|---|
Philanthropy Massachusetts Inc Boston, MA PURPOSE: FOR OPERATING AND PROGRAM SUPPORT. | $104,950 |
Good Sports Inc Braintree, MA PURPOSE: INCREASE ACCESSIBILITY OF YOUTH SPORTS PROGRAMS TO DISADVANTAGED YOUTH | $14,324 |
Chiara Maria Levin Charitable Trust Danville, KY PURPOSE: SUPPORT THE VIOLENCE INTERRUPTERS PROGRAM | $6,869 |
Can D Aid Longmont, CO PURPOSE: Bikes for underserved youth at Title I schools | $5,500 |
Boston Bruins Charitable Foundation Inc Boston, MA PURPOSE: COMMUNITY SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |
Hyde Leadership Charter School-Brooklyn Brooklyn, NY | $3,932,564 | $12,878,236 |
Teach Plus Incorporated Boston, MA | $12,001,505 | $12,042,496 |
Onward Israel Internships And Opportunities Ltd New York, NY | $897,895 | $11,379,184 |
Goodwin College Educational Services Inc East Hartford, CT | $19,577 | $10,789,035 |
Education Resource Strategies Inc Watertown, MA | $16,861,900 | $10,099,352 |
Entrepreneurial Ventures In Education Quincy, MA | $4,865,485 | $11,072,937 |
Learning Through An Expanded Arts Program Inc New York, NY | $2,991,832 | $9,986,466 |