Boys And Girls Clubs Of Greater Gaston Inc
- Assets
- $3.3m
- Revenue
- $1.5m
- Investments
- $545.7k
- Employees
- 48
- Location
- Gastonia, NC
- Founding
- 11/1987
- Data as of
- 06/2022
- EIN
- 56-1419498
Organization Overview
Boys And Girls Clubs Of Greater Gaston Inc is located in Gastonia, NC. The organization was established in 1987. 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 06/2022, Boys And Girls Clubs Of Greater Gaston Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys And Girls Clubs Of Greater Gaston 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 And Girls Clubs Of Greater Gaston Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 5.1% 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
OUR MISSION IS TO INSPIRE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. BOYS & GIRLS CLUBS PROVIDE A SAFE PLACE TO LEARN AND GROW, ONGOING RELATIONSHIPS WITH CARING ADULT PROFESSIONALS, LIFE ENHANCING PROGRAMS AND CHARACTER DEVELOPMENTS, AS WELL AS HOPE AND OPPORTUNITY. WE OFFER AN OUTCOME-DRIVEN CLUB EXPERIENCE WITH 3 PRIORITY OUTCOMES: ACADEMIC SUCCESS, GOOD CHARACTER AND CITIZENSHIP AND HEALTHY LIFESTYLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE OFFER AN OUTCOME-DRIVEN CLUB EXPERIENCE WITH THREE PRIORITY OUTCOMES: ACADEMIC SUCCESS, GOOD CHARACTER, AND CITIZENSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Grace Brannon President | OfficerTrustee | 2 | $0 |
Tom Mcniff Vice Preside | OfficerTrustee | 2 | $0 |
Ned Carpenter Treasurer | OfficerTrustee | 2 | $0 |
Brad Drury Director | Trustee | 1 | $0 |
Mike Fayed Director | Trustee | 1 | $0 |
Monte Monteleone Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $100,000 |
| Membership dues | $0 |
| Fundraising events | $536,108 |
| Related organizations | $171,914 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $760,637 |
| Noncash contributions included in lines 1a–1f | $19,599 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,568,659 |
| Total Program Service Revenue | $83,650 |
| Investment income | -$59,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$130,638 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,462,155 |
| 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 | $795,463 |
| Pension plan accruals and contributions | $17,204 |
| Other employee benefits | $85,158 |
| Payroll taxes | $63,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,714 |
| 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 | $30,963 |
| Information technology | $14,403 |
| Royalties | $0 |
| Occupancy | $110,281 |
| 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 | $114,062 |
| Insurance | $30,832 |
| All other expenses | $9,783 |
| Total functional expenses | $1,440,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,250,808 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $148,258 |
| 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 | $7,213 |
| Net Land, buildings, and equipment | $1,380,637 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $545,705 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,332,621 |
| Accounts payable and accrued expenses | $13,708 |
| 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 | $13,708 |
| Net assets without donor restrictions | $3,072,882 |
| Net assets with donor restrictions | $246,031 |
| 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 | $3,332,621 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Boys And Girls Clubs Of Greater Gaston Inc has recieved totaling $551,340.
| Awarding Organization | Amount |
|---|---|
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $205,415 |
Gaston Community Foundation Gastonia, NC PURPOSE: GENERAL SUPPORT | $161,305 |
United Way Of Gaston County Inc Gastonia, NC PURPOSE: GENERAL SUPPORT | $100,000 |
Rick And Susan Goings Foundation New York, NY PURPOSE: GENERAL EXMEPT PURPOSE | $25,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $17,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Clubs Of Metro Atlanta Inc Chamblee, GA | $73,032,085 | $27,276,380 |
Boys & Girls Clubs Of The Tennessee Valley Knoxville, TN | $24,003,738 | $10,838,534 |
Boys & Girls Clubs Of The Coastal Plain Inc Winterville, NC | $10,354,346 | $5,791,585 |
Boys & Girls Clubs Of Central Virginia Charlottesville, VA | $49,458,365 | $8,884,416 |
Boys And Girls Club Of Middle Tennessee Inc Nashville, TN | $9,232,834 | $6,035,809 |
Boys & Girls Clubs Of Greater Memphis Memphis, TN | $23,188,330 | $5,577,777 |
Boys & Girls Clubs Of The Ocoee Region Cleveland, TN | $6,498,422 | $6,515,502 |
Boys & Girls Clubs Of The Virginia Newport News, VA | $11,255,460 | $5,106,595 |
Boys & Girls Clubs Of Metro Richmond Richmond, VA | $11,211,987 | $3,342,378 |
Boys And Girls Club Of Cabarrus County Inc Concord, NC | $25,950,848 | $3,909,619 |
Boys And Girls Clubs Of Lowcountry Inc Bluffton, SC | $11,628,313 | $4,467,511 |
Boys & Girls Club Of The Smoky Mountains Inc Seymour, TN | $8,719,093 | $4,457,337 |