Boys & Girls Clubs Of Southeastern
- Assets
- $5.6m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 199
- Location
- Wilmington, NC
- Founding
- 12/1961
- Data as of
- 12/2023
- EIN
- 56-0636247
Organization Overview
Boys & Girls Clubs Of Southeastern is located in Wilmington, NC. The organization was established in 1961. 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 12/2023, Boys & Girls Clubs Of Southeastern employed 199 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Clubs Of Southeastern 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 Clubs Of Southeastern generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $3.6m during the year ending 12/2023. While expenses have increased by 16.5% 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
ON JANUARY 1, 2023, BRIGADE BGC AND COMMUNITY BGC OF WILMINGTON MERGED, AND FORMED THE BOYS & GIRLS CLUBS OF SOUTHEASTERN NORTH CAROLINA. TO ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, WE SERVED OVER 2000 YOUTH IN GRADES K-12 ACROSS 13 SITE LOCATIONS IN NEW HANOVER AND ONSLOW COUNTIES. IN ADDITION TO PROVIDING HOLISTIC, YOUTH-DEVELOPMENT PROGRAMMING, WE ALSO SERVED 52,861 NUTRITIOUS MEALS. THE DEMOGRAPHICS OF CLUB MEMBERS INCLUDE: 92% AGES 12 AND YOUNGER, 67% ARE MINORITY RACES AND ETHNICITIES, 66% QUALIFY FOR FREE OR REDUCED LUNCH, 49% LIVE IN SINGLE PARENT HOUSEHOLDS, 22% BELONG TO MILITARY FAMILIES. OUR MISSION IS TO ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. OUR VISION IS TO PROVIDE A WORLD-CLASS CLUB EXPERIENCE THAT ASSURES SUCCESS IS WITHIN REACH OF EVERY YOUNG PERSON WHO ENTERS OUR DOORS. WE WANT ALL CLUB MEMBERS TO BE ON TRACK TO GRADUATE FROM HIGH SCHOOL, CONTINUE THEIR EDUCATION AND A PLAN FOR THEIR FUTURE. DEMONSTRATING GOOD CHARACTER AND CITIZENSHIP, AND LIVING A HEALTHY LIFESTYLE. THIS MISSION AND VISION ARE ACHIEVED THROUGH EVIDENCE-BASED, OUT-OF-SCHOOL PROGRAMMING DELIVERED WITH EXCELLENCE.THE CLUB IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Long Chair | OfficerTrustee | 4 | $0 |
Brian Mcmerty Vice Chair | OfficerTrustee | 4 | $0 |
Chrystal Fray Resigned 123123 Treasurer | OfficerTrustee | 4 | $0 |
Doug Smith Secretary | OfficerTrustee | 4 | $0 |
Stefanie Adams Director | Trustee | 2 | $0 |
Nick Becton Resigned 123123 Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $144,700 |
| Membership dues | $0 |
| Fundraising events | $384,362 |
| Related organizations | $35,000 |
| Government grants | $670,777 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,005,011 |
| Noncash contributions included in lines 1a–1f | $5,112 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,239,850 |
| Total Program Service Revenue | $493,089 |
| Investment income | $63,923 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,425 |
| Net Gain/Loss on Asset Sales | -$100,251 |
| Net Income from Fundraising Events | -$36,891 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,088,510 |
| 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. | $219,073 |
| Compensation of current officers, directors, key employees. | $102,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,828,951 |
| Pension plan accruals and contributions | $27,165 |
| Other employee benefits | $70,492 |
| Payroll taxes | $156,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,800 |
| Advertising and promotion | $16,073 |
| Office expenses | $31,736 |
| Information technology | $38,910 |
| Royalties | $0 |
| Occupancy | $240,243 |
| Travel | $55,784 |
| 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 | $18,217 |
| Depreciation, depletion, and amortization | $239,474 |
| Insurance | $124,928 |
| All other expenses | $75,156 |
| Total functional expenses | $3,644,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,332 |
| Savings and temporary cash investments | $1,400,103 |
| Pledges and grants receivable | $386,911 |
| Accounts receivable, net | $25,010 |
| 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 | $22,075 |
| Net Land, buildings, and equipment | $1,382,554 |
| Investments—publicly traded securities | $1,955,886 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $311,292 |
| Total assets | $5,620,163 |
| Accounts payable and accrued expenses | $160,177 |
| 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 | $305,762 |
| Total liabilities | $465,939 |
| Net assets without donor restrictions | $3,877,945 |
| Net assets with donor restrictions | $1,276,279 |
| 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 | $5,620,163 |