Boys & Girls Club Of Greater Lynchburg
- Assets
- $1.3m
- Revenue
- $950.2k
- Investments
- $73.5k
- Employees
- 25
- Location
- Lynchburg, VA
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 20-0199894
Organization Overview
Boys & Girls Club Of Greater Lynchburg is located in Lynchburg, VA. The organization was established in 2004. According to its NTEE Classification (O22) the organization is classified as: Girls Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Boys & Girls Club Of Greater Lynchburg employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Greater Lynchburg 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 12/2021, Boys & Girls Club Of Greater Lynchburg generated $950.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $594.4k during the year ending 12/2021. While expenses have increased by 1.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A POSITIVE, FUN AND STABLE ENVIRONMENT THAT PRODUCES WINNERS, LEADERS AND ROLE MODELS, WHO MAKE A LASTING IMPACT WITHIN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AFTER-SCHOOL PROGRAMS AND SERVICES WHICH PROMOTE AND ENHANCE THE DEVELOPMENT OF BOYS AND GIRLS. A TOTAL OF 227 BOYS & GIRLS ATTENDED PROGRAMS THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark A Sheehan Executive Director | Officer | 40 | $76,418 |
Lisa Calloway Vice President | OfficerTrustee | 5 | $0 |
Cornelia Christian Treasurer | OfficerTrustee | 5 | $0 |
Monica Martin Secretary | OfficerTrustee | 5 | $0 |
Jackie Cowley President | OfficerTrustee | 5 | $0 |
Gloria T Witt Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $173,875 |
| Related organizations | $0 |
| Government grants | $308,984 |
| All other contributions, gifts, grants, and similar amounts not included above | $468,169 |
| Noncash contributions included in lines 1a–1f | $34,609 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $951,028 |
| Total Program Service Revenue | $8,632 |
| Investment income | $5,399 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$19,377 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $950,152 |
| 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. | $76,418 |
| Compensation of current officers, directors, key employees. | $3,821 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,102 |
| Pension plan accruals and contributions | $12,832 |
| Other employee benefits | $23,634 |
| Payroll taxes | $20,792 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,898 |
| Office expenses | $6,318 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $123,384 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $276 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,746 |
| Insurance | $10,036 |
| All other expenses | $22,607 |
| Total functional expenses | $594,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $348,869 |
| Savings and temporary cash investments | $223,369 |
| Pledges and grants receivable | $102,618 |
| 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 | $3,218 |
| Net Land, buildings, and equipment | $518,186 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $73,458 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,269,718 |
| Accounts payable and accrued expenses | $5,484 |
| 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 | $2,942 |
| Total liabilities | $8,426 |
| Net assets without donor restrictions | $1,046,360 |
| Net assets with donor restrictions | $214,932 |
| 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 | $1,269,718 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boys & Girls Club Of Greater Lynchburg has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Merryman Charitable Foundation Evington, VA PURPOSE: GENERAL OPERATIONS | $1,000 |
Endowment Analysis
| Beg. Balance | $64,845 |
| Earnings | $9,725 |
| Admin Expense | $938 |
| Net Contributions | $3,000 |
| Grants | $3,174 |
| Ending Balance | $73,458 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Girls Incorporated Of Memphis Memphis, TN | $8,384,322 | $1,575,977 |
Girls Inc Of Washington County Hagerstown, MD | $1,746,195 | $987,744 |
Boys & Girls Club Of Greater Lynchburg Lynchburg, VA | $1,269,718 | $950,152 |
Girls Incorporated Of Tennessee Valley Oak Ridge, TN | $672,126 | $554,592 |
Girls On The Run Of South Hampton Roads Virginia Beach, VA | $480,556 | $658,032 |
Charles & Mary Fayne Glotfelty Foundation Inc Charleston, WV | $6,415,043 | $583,262 |
Girls Incorporated Of Hamblen County Morristown, TN | $559,615 | $302,083 |
Boys & Girls Clubs Of Southern Maryland North Beach, MD | $875,321 | $323,893 |
Girls Incorporated Of Johnson City & Washington County Johnson City, TN | $333,194 | $252,760 |
Back To Basics Girls Inc Baltimore, MD | $1,355 | $0 |
Coastal Rays Lacrosse Wilmington, NC | $23,937 | $0 |
Jobs Daughters International Alexandria, VA | $286,725 | $0 |