Boys & Girls Club Of Toledo
- Assets
- $21.2m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 161
- Location
- Toledo, OH
- Founding
- 08/1940
- Data as of
- 12/2023
- EIN
- 34-4427933
Organization Overview
Boys & Girls Club Of Toledo is located in Toledo, OH. The organization was established in 1940. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Boys & Girls Club Of Toledo employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Toledo 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 12/2023, Boys & Girls Club Of Toledo generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $4.1m during the year ending 12/2023. While expenses have increased by 8.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BOYS & GIRLS CLUBS OF TOLEDO IS COMMITTED TO ENABLING ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. THE ORGANIZATION'S SUPPORT COMES PRIMARILY FROM THE UNITED WAY OF GREATER TOLEDO, DONOR CONTRIBUTIONS, GRANTS AND FUNDRAISING EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND CAREER DEVELOPMENTPROGRAMS THAT ENABLE YOUTH TO BECOME PROFICIENT IN BASIC EDUCATIONAL DISCIPLINES, SET GOALS, EXPLORE CAREERS, PREPARE FOR EMPLOYMENT AND EMBRACE TECHNOLOGY TO ACHIEVE SUCCESS IN A CAREER.
CHARACTER AND LEADERSHIP DEVELOPMENTPROGRAMS THAT EMPOWER YOUTH TO BECOME GLOBAL CITIZENS WHO SUPPORT AND INFLUENCE THEIR CLUB AND COMMUNITY, SUSTAIN MEANINGFUL RELATIONSHIPS WITH OTHERS, DEVELOP A POSITIVE SELF-IMAGE AND GOOD CHARACTER AND RESPECT THEIR OWN AND OTHER'S CULTURAL IDENTITIES.
THE ARTSPROGRAMS THAT ENABLE YOUTH TO DEVELOP THEIR CREATIVITY AND CULTURAL AWARENESS THROUGH KNOWLEDGE AND APPRECIATION OF THE VISUAL ARTS, CRAFTS, PERFORMING ARTS AND CREATIVE WRITING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Hoverman Asst. Treasurer | OfficerTrustee | 1 | $0 |
Jason R Daniels Trustee | Trustee | 1 | $0 |
Jamison Messer Trustee | Trustee | 1 | $0 |
David R Wehrmeister Trustee | Trustee | 1 | $0 |
Thomas J Winston Trustee | Trustee | 1 | $0 |
Beau G Barrow Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $194,465 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $536,141 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,672,652 |
| Noncash contributions included in lines 1a–1f | $277,717 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,403,258 |
| Total Program Service Revenue | $3,820 |
| Investment income | $279,339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,806,694 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,553,147 |
| 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. | $309,353 |
| Compensation of current officers, directors, key employees. | $268,597 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,016,631 |
| Pension plan accruals and contributions | $113,601 |
| Other employee benefits | $207,562 |
| Payroll taxes | $194,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,391 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,691 |
| Fees for services: Other | $83,715 |
| Advertising and promotion | $51,654 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $257,147 |
| Travel | $8,068 |
| 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 | $386,947 |
| Insurance | $44,062 |
| All other expenses | $11,719 |
| Total functional expenses | $4,120,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $619,967 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $448,849 |
| 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 | $3,052,910 |
| Investments—publicly traded securities | $10,526,027 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,601,889 |
| Total assets | $21,249,642 |
| Accounts payable and accrued expenses | $632,778 |
| 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 | $206,965 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,979,482 |
| Total liabilities | $4,819,225 |
| Net assets without donor restrictions | $4,317,166 |
| Net assets with donor restrictions | $12,113,251 |
| 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 | $21,249,642 |
Grants Awarded
Over the last fiscal year, Boys & Girls Club Of Toledo has awarded $375,932 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE FIRST TEE OF LAKE ERIE PURPOSE: GROWING FUTURES TOGETHER PROJECT FOR CONSTRUCTION OF YOUTH LEADERSHIP COMPLEX | $250,000 |
FRIENDS OF BOYS AND GIRLS CLUB OF TOLEDO PURPOSE: GENERAL SUPPORT OF RELATED ACTIVITIES OF BOYS AND GIRLS CLUB | $125,932 |