Boys & Girls Club Of The Lower Naugatuck Valley
- Assets
- $8.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 74
- Location
- Shelton, CT
- Founding
- 07/1939
- Data as of
- 06/2021
- EIN
- 06-0653185
Organization Overview
Boys & Girls Club Of The Lower Naugatuck Valley is located in Shelton, CT. The organization was established in 1939. 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 06/2021, Boys & Girls Club Of The Lower Naugatuck Valley employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of The Lower Naugatuck Valley 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, Boys & Girls Club Of The Lower Naugatuck Valley generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. 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 WHO NEED US MOST, TO RECOGNIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE, AND CARING CITIZENS. OUR SIX CORE VALUES WHICH EXEMPLIFY OUR MISSION FOSTERING AN ENVIROMENT THAT IS SAFE AND TEACHES OUR CHILDREN TO BE TRUSTWORTHY, RESPECTFUL, INSPIRED, DEPENDABLE AND ENABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHYSICAL EDUCATION - A COMPREHENSIVE HEALTH AND WELLNESS PROGRAM THAT STRIVES TO IMPROVE THE OVERALL HEALTH OF CLUB MEMBERS BY INCREASING THEIR DAILY PHYSICAL ACTIVITY, TEACHING THEM GOOD NUTRITION, AND HELPING THEM DEVELOP HEALTHY RELATIONSHIPS. THESE CLUB PROGRAMS HELP DEVELOP FITNESS, A POSITIVE USE OF LEISURE TIME, REDUCTION OF STRESS, APPRECIATION FOR THE ENVIROMENT, AND SOCIAL AND INTERPERSONAL SKILLS.RECREATION PROGRAMS - THE CLUB OFFERS A VARIETY OF RECREATION PROGRAMS SUCH AS POOL, PING PONG, CHESS, CHECKERS, AND OFFERS FIELD TRIPS AND SOCIAL DEVELOPMENT TO ENHANCE THE APPRECIATION OF ONE'S OWN WORTH THROUGH INTERRELATIONSHIPS WITH OTHER YOUTHS. THE PROGRAM SERVES APPROXIMATELY 2,000 YOUTHS.CULTURAL, EDUCATIONAL DEVELOPMENT - PROGRAMS DESIGNED TO HELP YOUTH CREATE ASPIRATIONS FOR THE FUTURE, PROVIDING OPPORTUNITIES FOR CAREEREXPLORATION AND EDUCATIONAL ENHANCEMENT HELPING YOUTH BECOME RESPONSIBLE, CARING CITIZENS AND ACQUIRE SKILLS FOR PARTICIPATING IN THE DEMOCRATIC PROCESS IS THE MAIN THRUST OF THESE PROGRAMS. THEY ALSO DEVELOP LEADERSHIP SKILLS AND PROVIDE OPPORTUNITIES FOR PLANNING, DECISION MAKING, CONTRIBUTING TO CLUB AND COMMUNITY AND CELEBRATING OUR NATIONAL HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shaye Roscoe Chief Executive Officer | Officer | 40 | $99,825 |
Fred Serra Board Chair | OfficerTrustee | 1 | $0 |
Richard Carroll 2nd Vice President | OfficerTrustee | 1 | $0 |
Christopher Douglas 1st Vice President | OfficerTrustee | 1 | $0 |
William M Miller Treasurer | OfficerTrustee | 1 | $0 |
John Schaible President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,492,601 |
| Investment income | $40,349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $59,340 |
| Net Gain/Loss on Asset Sales | $29,479 |
| Net Income from Fundraising Events | $72,884 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,082,398 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $45,282 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,989 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $656,418 |
| Pension plan accruals and contributions | $11,305 |
| Other employee benefits | $29,000 |
| Payroll taxes | $61,191 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,022 |
| Fees for services: Other | $52,408 |
| Advertising and promotion | $0 |
| Office expenses | $46,986 |
| Information technology | $13,029 |
| Royalties | $0 |
| Occupancy | $149,739 |
| Travel | $2,177 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,885 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $333,050 |
| Insurance | $47,936 |
| All other expenses | $0 |
| Total functional expenses | $1,723,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $684,479 |
| Savings and temporary cash investments | $15,097 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $172,534 |
| 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 | $6,838 |
| Investments—publicly traded securities | $1,600,349 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,002,202 |
| Accounts payable and accrued expenses | $60,749 |
| Grants payable | $0 |
| Deferred revenue | $61,240 |
| 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 | $752,937 |
| Unsecured mortgages and notes payable | $241,356 |
| Other liabilities | $31,520 |
| Total liabilities | $1,147,802 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $6,854,400 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boys & Girls Club Of The Lower Naugatuck Valley has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Fortin Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Endowment Analysis
| Beg. Balance | $1,334,465 |
| Earnings | $336,851 |
| Other Expense | $36,487 |
| Grants | $19,383 |
| Ending Balance | $1,615,446 |
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 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 |
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 |
Boys & Girls Clubs Of Buffalo Inc Buffalo, NY | $4,708,264 | $3,733,726 |
Boys & Girls Club Of Pawtucket Pawtucket, RI | $20,641,376 | $3,553,465 |