Boys & Girls Club Of Newburgh Inc
- Assets
- $9.1m
- Revenue
- $2.8m
- Investments
- $1.4m
- Employees
- 81
- Location
- Newburgh, NY
- Founding
- 05/1971
- Data as of
- 06/2022
- EIN
- 14-1506144
Organization Overview
Boys & Girls Club Of Newburgh Inc is located in Newburgh, NY. The organization was established in 1971. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Boys & Girls Club Of Newburgh Inc employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Newburgh 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 & Girls Club Of Newburgh Inc generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) 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
EDUCATION & RECREATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAMS CONDUCTED DURING THE YEAR ASSISTED YOUTH WITH CHARACTER & LEADERSHIP DEVELOPMENT, EDUCATION & CAREER DEVELOPMENT, HEALTH & LIFE SKILLS, THE ARTS AND SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Watson Chair | OfficerTrustee | 3 | $0 |
Lourdes Zapata Trustee | Trustee | 1 | $0 |
Thomas Ritzenthalerm Outgoing Vice Chair | OfficerTrustee | 3 | $0 |
Kevin D White Executive Director | Officer | 35 | $115,885 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $14,054 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,864,269 |
| All other contributions, gifts, grants, and similar amounts not included above | $534,083 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,412,406 |
| Total Program Service Revenue | $327,451 |
| Investment income | $47,046 |
| 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 | $2,811,695 |
| 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. | $156,773 |
| Compensation of current officers, directors, key employees. | $15,677 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $810,243 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $68,396 |
| Payroll taxes | $76,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,400 |
| Fees for services: Accounting | $82,643 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $200,105 |
| Advertising and promotion | $9,280 |
| Office expenses | $257,100 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $147,058 |
| Travel | $12,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $174,656 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,711 |
| Insurance | $135,041 |
| All other expenses | $63,230 |
| Total functional expenses | $2,405,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $952,338 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $804,756 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,253 |
| Prepaid expenses and deferred charges | $47,856 |
| Net Land, buildings, and equipment | $1,738,984 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,402,719 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,112,400 |
| Total assets | $9,072,306 |
| Accounts payable and accrued expenses | $395,229 |
| Grants payable | $0 |
| Deferred revenue | $44,482 |
| 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 | $2,790,286 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,723,823 |
| Total liabilities | $4,953,820 |
| Net assets without donor restrictions | $3,906,986 |
| Net assets with donor restrictions | $211,500 |
| 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 | $9,072,306 |