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 06/2023, Boys And Girls Clubs Of Greater Gaston Inc employed 44 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 06/2023, Boys And Girls Clubs Of Greater Gaston Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.5m during the year ending 06/2023. While expenses have increased by 4.5% per year over the past 8 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
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacey Austell Director | Trustee | 1 | $0 |
Robert Blalock Director | Trustee | 1 | $0 |
Beverly Bradshaw Director | Trustee | 1 | $0 |
Mary Grace Brannon Director | Trustee | 1 | $0 |
Ned Carpenter Treasurer | OfficerTrustee | 2 | $0 |
Alison Cookson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $95,000 |
Membership dues | $0 |
Fundraising events | $489,356 |
Related organizations | $159,148 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $556,159 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,299,663 |
Total Program Service Revenue | $101,514 |
Investment income | $22,605 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$96,750 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,327,032 |
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. | $197,282 |
Compensation of current officers, directors, key employees. | $92,222 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $648,616 |
Pension plan accruals and contributions | $21,992 |
Other employee benefits | $82,492 |
Payroll taxes | $67,511 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,351 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,962 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $26,532 |
Information technology | $18,707 |
Royalties | $0 |
Occupancy | $119,329 |
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 | $106,867 |
Insurance | $29,609 |
All other expenses | $11,242 |
Total functional expenses | $1,450,317 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,032,653 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $180,637 |
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 | $10,359 |
Net Land, buildings, and equipment | $1,285,592 |
Investments—publicly traded securities | $0 |
Investments—other securities | $730,658 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $21,440 |
Total assets | $3,261,339 |
Accounts payable and accrued expenses | $19,232 |
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 | $21,440 |
Total liabilities | $40,672 |
Net assets without donor restrictions | $2,958,778 |
Net assets with donor restrictions | $261,889 |
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 | $3,261,339 |