Penobscot Boys & Girls Club
- Assets
- $592.2k
- Revenue
- $373.7k
- Investments
- $420.3k
- Employees
- 0
- Location
- Presque Isle, ME
- Founding
- 07/2007
- Data as of
- 06/2022
- EIN
- 26-0250671
Organization Overview
Penobscot Boys & Girls Club is located in Presque Isle, ME. The organization was established in 2007. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, 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. Penobscot Boys & Girls Club 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, Penobscot Boys & Girls Club generated $373.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $425.7k during the year ending 06/2022. While expenses have increased by 22.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AFTER SCHOOL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTORING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fenton Jones Executive Director | Trustee | 40 | $22,104 |
Fred Getchell President/chair | Trustee | 2 | $0 |
Michael Carlos Vice Pres/chair | Trustee | 1 | $0 |
Nichole Francis Treasurer | Trustee | 5 | $0 |
Crystal Martinelli Board Member | Trustee | 2 | $0 |
Theresa Cochran Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $311,196 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,945 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $355,141 |
| Total Program Service Revenue | $11,794 |
| Investment income | $6,744 |
| 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 | $373,679 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $688 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,033 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,609 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $6,308 |
| All other expenses | $0 |
| Total functional expenses | $425,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,884 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $420,344 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $592,228 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $592,228 |
| Total liabilities and net assets/fund balances | $592,228 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Penobscot Boys & Girls Club has recieved totaling $200,290.
| Awarding Organization | Amount |
|---|---|
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $136,640 |
Good Sheperd Food Bank Auburn, ME PURPOSE: Food distribution programs | $28,650 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Boys & Girls Clubs | $25,000 |
First Nations Development Institute Longmont, CO PURPOSE: ECONOMIC DEVELOPMENT | $10,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Club Of Central New Hampshire Inc Concord, NH | $13,472,672 | $8,851,535 |
Manchester Boys And Girls Club Manchester, NH | $20,547,456 | $4,680,452 |
Boys & Girls Club Of Greater Nashua Inc Nashua, NH | $10,437,439 | $3,133,959 |
Boys And Girls Club Of Souhegan Valley Inc Milford, NH | $6,201,141 | $2,109,307 |
Waterville Area Boys & Girls Club Waterville, ME | $4,370,277 | $3,310,727 |
Boys And Girls Club Of Greater Salem Inc Salem, NH | $3,671,625 | $2,301,895 |
Penobscot Boys & Girls Club Presque Isle, ME | $592,228 | $373,679 |
Boys & Girls Club Of The North Country Inc Littleton, NH | $968,519 | $568,165 |