Boys & Girls Clubs Of Mercer County Foundation Inc
- Assets
- $4.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 02/2016
- Data as of
- 06/2022
- EIN
- 47-5552013
Organization Overview
Boys & Girls Clubs Of Mercer County Foundation Inc is located in Trenton, NJ. The organization was established in 2016. 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. Boys & Girls Clubs Of Mercer County 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 06/2022, Boys & Girls Clubs Of Mercer County Foundation Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.1% each year . All expenses for the organization totaled $269.0k during the year ending 06/2022. While expenses have increased by 8.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS ESTABLISHED TO SPECIFICALLY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, BOYS & GIRLS CLUBS OF MERCER COUNTY, INC., A NEW JERSEY NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE OPERATIONS, BOTH FINANCIALLY AND OPERATIONALLY, OF THE BOYS & GIRLS CLUBS OF MERCER COUNTY, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Anderson President & CEO | OfficerTrustee | 1 | $0 |
Sydney Gough Secretary | OfficerTrustee | 1 | $0 |
William Sheehy Vice President | OfficerTrustee | 1 | $0 |
Daniel Sheridan Treasurer | OfficerTrustee | 1 | $0 |
Richard Gorelcik Trustee | Trustee | 1 | $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 | $3,335,237 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,335,237 |
| Total Program Service Revenue | $0 |
| Investment income | $68,294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $169,943 |
| 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 | $3,573,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $126,379 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,520 |
| Fees for services: Other | $51,050 |
| Advertising and promotion | $0 |
| Office expenses | $192 |
| 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 | $71,880 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $269,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,314 |
| Savings and temporary cash investments | $4,524,582 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,826,896 |
| 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 | $8,162 |
| Other liabilities | $0 |
| Total liabilities | $8,162 |
| Net assets without donor restrictions | $787,918 |
| Net assets with donor restrictions | $4,030,816 |
| 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 | $4,826,896 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boys & Girls Clubs Of Mercer County Foundation Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys And Girls Club Of Delaware Inc Wilmington, DE | $49,111,255 | $33,260,113 |
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 |