The Boys & Girls Clubs Of The Emerald Coast Foundation Inc

Organization Overview

The Boys & Girls Clubs Of The Emerald Coast Foundation Inc is located in Fort Walton Beach, FL. The organization was established in 2006. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Clubs Of The Emerald Coast Foundation 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 12/2020, Boys & Girls Clubs Of The Emerald Coast Foundation Inc generated $366.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT AND CARRY OUT THE CHARITABLE AND EDUCATION FUNCTIONS OF THE BOYS AND GIRLS CLUB OF THE EMERALD COAST BY PROVIDING FINANCIAL SUPPORT AND OTHER AID

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT AND CARRY OUT THE CHARITABLE AND EDUCATION FUNCTIONS


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Board, Officers & Key Employees

Name (title)Compensation
Shervin Rassa
President
$0
Jason Belcher
President
$0
K Henderson
Treasurer
$0
Todd Wilkinson
Director
$0
Angela Shonk
Director
$0
S Hosein
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $45,464
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $13,166
Net Gain/Loss on Asset Sales $307,450
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $366,080

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Boys & Girls Clubs Of The Emerald Coast Foundation Inc has recieved totaling $207,500.

Awarding OrganizationAmount
Destin Charity Wine Auction Foundation Inc

Miramar Beach, FL

PURPOSE: CHARITY

$207,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,031,675
Earnings$153,877
Other Expense$131,565
Ending Balance$2,053,987

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