Boys & Girls Club Of Monmouth County
- Assets
- $2.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 98
- Location
- Asbury Park, NJ
- Founding
- 06/1951
- Data as of
- 12/2020
- EIN
- 21-0694373
Organization Overview
Boys & Girls Club Of Monmouth County is located in Asbury Park, NJ. The organization was established in 1951. 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 12/2020, Boys & Girls Club Of Monmouth County employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Monmouth County 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 Club Of Monmouth County generated $2.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.8m during the year ending 12/2020. While expenses have increased by 6.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BEHAVIOR GUIDANCE AND TO PROMOTE THE HEALTH, SOCIAL, EDUCATIONAL, VOCATIONAL AND CHARACTER DEVELOPMENT FOR BOYS AND GIRLS IN THE MONMOUTH COUNTY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL AND SUMMER RECREATIONAL ACTIVITIES, YEAR ROUND POOL AND GYM FACILITIES FOR BOYS AND GIRLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Eagles Exec Directo | Officer | 40 | $148,000 |
Bill Arnold Director | Trustee | 2 | $0 |
Janice Fuller Secrretary | Trustee | 2 | $0 |
Bruce Fromer Vice Preside | Trustee | 2 | $0 |
Christopher Harrison Director | Trustee | 2 | $0 |
Russell Johnston President | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $910 |
| Fundraising events | $172,339 |
| Related organizations | $0 |
| Government grants | $930,793 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,150,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,254,192 |
| Total Program Service Revenue | $83,520 |
| Investment income | $0 |
| 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 | $2,337,712 |
| 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. | $148,000 |
| Compensation of current officers, directors, key employees. | $44,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $935,654 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,774 |
| Payroll taxes | $89,251 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,067 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,583 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,156 |
| Interest | $1,918 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $105,246 |
| All other expenses | $99,203 |
| Total functional expenses | $1,813,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,558,809 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $60,246 |
| 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 | $13,542 |
| Net Land, buildings, and equipment | $873,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,605,629 |
| Accounts payable and accrued expenses | $38,926 |
| 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 | $320,216 |
| Total liabilities | $359,142 |
| Net assets without donor restrictions | $1,460,600 |
| Net assets with donor restrictions | $785,887 |
| 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 | $2,605,629 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Boys & Girls Club Of Monmouth County has recieved totaling $680,752.
| Awarding Organization | Amount |
|---|---|
Plangere Foundation Inc Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $410,000 |
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $67,250 |
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $54,987 |
Jay And Linda Grunin Foundation Inc Toms River, NJ PURPOSE: PROJECT L.E.A.D./GEN OP SUPPORT | $52,500 |
Komar Family Foundation Red Bank, NJ PURPOSE: FOR PURPOSES WHICH ARE TAX EXEMPT | $25,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
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 & Girls Clubs Of Mercer County Inc Trenton, NJ | $9,102,756 | $9,543,737 |
Boys & Girls Clubs Of Philadelphia Inc Philadelphia, PA | $21,674,311 | $7,878,388 |
Big Brothers Big Sisters Independence Region Philadelphia, PA | $5,352,907 | $5,369,568 |
Boys & Girls Club Of Metro Queens Inc South Richmond Hill, NY | $10,687,196 | $6,066,978 |
Boys & Girls Clubs Of Western Pa Pittsburgh, PA | $11,350,205 | $5,847,953 |
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 Club Of Paterson And Passaic Inc Paterson, NJ | $16,650,050 | $7,369,946 |
Boys & Girls Club Of Clifton Inc Clifton, NJ | $9,519,265 | $6,557,146 |
Boys & Girls Clubs Of Buffalo Inc Buffalo, NY | $4,708,264 | $3,733,726 |