Boys Club & Girls Club Of Bridgeport Inc
- Assets
- $480.2k
- Revenue
- $98.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Bridgeport, CT
- Founding
- 02/1995
- Data as of
- 06/2022
- EIN
- 06-0669105
Organization Overview
Boys Club & Girls Club Of Bridgeport Inc is located in Bridgeport, CT. The organization was established in 1995. 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, Boys Club & Girls Club Of Bridgeport Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys Club & Girls Club Of Bridgeport 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, Boys Club & Girls Club Of Bridgeport Inc generated $98.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $144.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 7 years. 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 PROVIDE CITIZENSHIP AND LEADERSHIP DEVELOPMENT SERVICES AND CULTURAL ENRICHMENT, PERSONAL EDUCATION AND SOCIAL RECREATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND SOCIAL RECREATION-DEVELOPS HEALTH AND LIFE SKILLS, GIVING THE CAPACITY TO YOUNG PEOPLE TO ENGAGE IN POSITIVE BEHAVIORS THAT NURTURE THEIR OWN WELL BEING.
SOCIAL AND RECREATIONAL DEVELOPMENT - TO ENABLE OUR YOUTH TO DEVELOP THEIR OWN CREATIVITY AND CULTURAL AWARENESS THROUGH KNOWLEDGE AND APPRECIATION OF THE VISUAL AND PERFORMING ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Laing Chairman | Officer | 1 | $0 |
Edward Lomax Board Member | Officer | 1 | $0 |
Elsie Marcado Board Member | Officer | 1 | $0 |
Bob Hallstead Board Member | Officer | 1 | $0 |
Tom Holleran Board Member | Officer | 1 | $0 |
Nadine Domond Board Member | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,582 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $70,222 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,297 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,101 |
| Total Program Service Revenue | $0 |
| Investment income | $2,101 |
| 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 | $98,202 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,551 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,025 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $592 |
| Office expenses | $808 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,855 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,594 |
| Insurance | $21,009 |
| All other expenses | $443 |
| Total functional expenses | $144,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,231 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $255,047 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $210,899 |
| Total assets | $480,177 |
| Accounts payable and accrued expenses | $0 |
| 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 | $70,900 |
| Other liabilities | $0 |
| Total liabilities | $70,900 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $409,277 |
| Total liabilities and net assets/fund balances | $480,177 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boys Club & Girls Club Of Bridgeport Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $250 |
Endowment Analysis
| Beg. Balance | $252,600 |
| Earnings | -$39,601 |
| Other Expense | $2,101 |
| Ending Balance | $210,898 |
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 |