Boys & Girls Club Of The Virginia Peninsula Foundation Inc

Organization Overview

Boys & Girls Club Of The Virginia Peninsula Foundation Inc, operating under the name Foundation Inc, is located in Newport News, VA. The organization was established in 1991. 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. 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 12/2022, Foundation Inc generated $288.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $193.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATIONAL PROGRAMS AND SCHOLARSHIPS. SEE STATEMENT 1, SCHEDULE O. TO ACQUIRE AND MANAGE ASSETS WHICH BE USED TO MOTIVATE, EDUCATE, AND TRAIN ALL YOUTH, ESPECIALLY DISADVANTAGED YOUTH, AND TO INSPIRE THEM TO REACH THEIR FULL POTENTIAL BY OFFERING LIFE ENHANCING PROGRAMS, ACADEMIC INSTRUCTION AND EDUCATIONAL SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDING FOR EDUCATIONAL PROGRAMS AT RISK KIDS WHICH BENEFITED OVER 300 YOUTH ON THE VIRGINIA PENINSULA. SPECIFIC PROGRAMS INCLUDE: PROJECT LEARN WHICH REINFORCES AND ENHANCES THE SKILLS AND KNOWLEDGE YOUNG PEOPLE LEARN AT SCHOOL. POWER HOUR WHICH PROVIDES HOMEWORK HELP AND TUTORING FOR AT LEAST ONE HOUR A DAY. JUNIOR STAFF CAREER DEVELOPMENT WHICH PROVIDES HANDS-ON EXPERIENCES WITH HELPING OTHERS IN THE CLUB AND COMMUNITY. FINANCIAL LITERACY PROVIDES THE SKILLS AND KNOWLEDGE THAT ALLOWS AN INDIVIDUAL TO MAKE INFORMED DECISIONS ABOUT THEIR FINANCIAL RESOURCES. THE BOYS & GIRLS CLUBS OF THE VIRGINIA PENINSULA FOUNDATION SEEKS TO HELP ALL YOUTH LIVE FULL, SATISFYING AND PRODUCTIVE LIVES. THE OUTCOMES BELOW DESCRIBE OUR EXPECTATIONS AND GOALS FOR YOUNG PEOPLE IN OUR PROGRAMS. THESE OUTCOMES ENCOMPASS BEHAVIORS, KNOWLEDGE, SKILLS, VALUES AND MOTIVATION. WE MUST PAY SPECIAL ATTENTION TO ASSURING THAT OUTCOMES ARE ACHIEVED INCLUSIVE OF ETHNICITY AND GENDER. OUR YOUTH, WHO ENTER THE WORLD WITH THE CAPACITIES DESCRIBED HERE, CAN BECOME RESPONSIBLE CITIZENS AND LEADERS ABLE TO SUPPORT THEMSELVES AND LIVE SUCCESSFUL LIVES. POSITIVE SELF IDENTITY: YOUTH HAVE THE KNOWLEDGE, SKILLS, STRATEGIES AND ATTITUDES NECESSARY FOR A POSITIVE FOUNDATION FOR SUCCESS. THEY DEVELOP COMPETENCE IN THE FOLLOWING AREAS:EDUCATIONAL YOUTH ARE PROFICIENT IN BASIC EDUCATIONAL DISCIPLINES AND HAVE THE CAPACITY TO UTILIZE TECHNOLOGY. HAVING GRADUATED FROM HIGH SCHOOL, THEY ARE MOTIVATED TO PURSUE LEARNING OPPORTUNITIES THROUGHOUT THEIR LIVES. EMPLOYMENT YOUTH HAVE THE SKILLS AND ATTRIBUTES TOBE SUCCESSFUL IN THE WORK FORCE. THEY ARE MOTIVATED TO CONSTANTLY DEVELOP NEW SKILLS ADN HONE EXISTING SKILLS TO MAINTAIN A COMPETITIVE EDGE. SOCIAL YOUTH ARE ABLE TO DEVELOP AND SUSTAIN POSITIVE RELATIONSHIPS WITH OTHERS. EMOTIONAL YOUTH ARE ABLE TO RECOGNIZE, REFLECT ONAND APPROPRIATELY EXPRESS THEIR EMOTIONS, MANAGE STRESS AND COPE WITH POSITIVE AND ADVERSE SITUATIONS. CULTURAL YOUTH HAVE AN UNDERSTANDING AND RESPECT FOR THEIR OWN CULTURAL IDENTITY AND FOR THE CULTURES OF OTHERS. THEY ARE ABLE TO CONTRIBUTE IN A MULTICULTURALSOCIETY AND DEMONSTRATE TOLERANCE FOR THE DIFFERENCES AMONG PEOPLE. COMMUNITY AND CIVIC INVOLVEMENT YOUTH HAVE A SENSE OF BELONGING TO THEIR COMMUNITY, FAMILY AND/OR GROUP AND ARE WILLING TO TAKE CIVIC RESPONSIBILITY. THEY WORK CLOSELY WITH OTHERS TO CONTRIBUTE TO THEGREATER GOOD. HEALTH AND WELLBEING YOUTH LIVE HEALTHY LIFESTYLES, TAKE PART IN REGULAR FITNESS ACTIVITIES, ARE ABLE TO ACCESS HEALTH CARE RESOURCES AND ENGAGE IN POSITIVE BEHAVIORS. THEY USE SOUND JUDGMENT ABOUT PERSONAL SAFETY, NUTRITION AND AVOIDANCE OF ALCOHOL, DRUGSAND PREMATURE SEXUAL ACTIVITY. MORAL COMPASS YOUTH HAVE VALUES ENABLING THEM TO DEVELOP POSITIVE RELATIONSHIPS WITH OTHERS. THESE VALUES INCLUDE HONESTY, A SENSE OF JUSTICE AND FAIRNESS, RESPECT, CARING AND SPIRITUALITY.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Minter
Chairman
$0
James Bayne
Treasurer
$0
Rex Davis
Director
$0
Jerry Franklin
Director
$0
Faye Petro-Gargiulo
Director
$0
Linda Rohrer
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$156,208
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$156,208
Total Program Service Revenue$0
Investment income $70,221
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $61,857
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $288,286

Peer Organizations

Organization NameAssets
Boys & Girls Clubs Of Greater Washington Inc
Washington, DC
$24,939,991
Boys & Girls Clubs Of The Tennessee Valley
Knoxville, TN
$15,208,346
Boys & Girls Clubs Of Metropolitan Baltimore
Baltimore, MD
$11,732,067
Boys & Girls Clubs Of The Coastal Plain Inc
Winterville, NC
$6,851,136
Boys & Girls Clubs Of Central Virginia
Charlottesville, VA
$9,162,988
Boys And Girls Club Of Middle Tennessee Inc
Nashville, TN
$5,100,358
Boys & Girls Clubs Of Greater Memphis
Memphis, TN
$4,468,239
Boys & Girls Clubs Of The Ocoee Region
Cleveland, TN
$5,585,103
Boys & Girls Clubs Of The Virginia
Newport News, VA
$6,972,696
Boys & Girls Club Of The Smoky Mountains Inc
Seymour, TN
$5,633,699
Boys And Girls Club Of Cabarrus County Inc
Concord, NC
$3,706,710
Boys & Girls Clubs Of Metro Richmond
Richmond, VA
$3,777,893
Boys & Girls Clubs Of Southeast Virginia
Virginia Beach, VA
$3,679,830
Boys & Girls Clubs Of Southeastern
Wilmington, NC
$7,088,510
Boys & Girls Club Of Rutherford Co Inc
Murfreesboro, TN
$2,763,572
Boys And Girls Club Of Harford County Maryland Inc
Aberdeen, MD
$3,800,998
Boys & Girls Club Of Henderson Co Hendersonville Inc
Hendersonville, NC
$3,688,124
Boys & Girls Clubs Inc
Louisville, KY
$3,584,642
Boys & Girls Club Of Greater High Point Inc
High Point, NC
$6,976,161
Boys & Girls Clubs Of Southwest Virginia Inc
Roanoke, VA
$2,474,045
Boys & Girls Clubs Of Annapolis & Anne Arundel County Inc
Annapolis, MD
$3,379,522
Boys And Girls Club Of The Sandhills Inc
Southern Pines, NC
$1,652,560
Boys & Girls Club Of Maury County Inc
Columbia, TN
$2,557,475
Boys And Girls Clubs Of Central Carolina Inc
Sanford, NC
$1,897,197
Cherokee Youth Center Boys & Girls Club Inc
Cherokee, NC
$1,872,065

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