Boys & Girls Club Of Greater High Point Inc
- Assets
- $4.4m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 117
- Location
- High Point, NC
- Founding
- 10/1998
- Data as of
- 06/2022
- EIN
- 56-2094591
Organization Overview
Boys & Girls Club Of Greater High Point Inc is located in High Point, NC. The organization was established in 1998. 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 & Girls Club Of Greater High Point Inc employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Greater High Point 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 Club Of Greater High Point Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 12.3% 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
THE BOYS & GIRLS CLUBS OF GREATER HIGH POINT, INC. SERVES YOUNG PEOPLE THROUGH SEVERAL YOUTH CLUBS IN THE AREA AND IS AN AFFILIATE OF THE BOYS & GIRLS CLUBS OF AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF BOYS & GIRLS CLUBS LOCATIONS IN HIGH POINT, NC AND ASHEBORO, NC. SERVING MORE THAN 1,261 CHILDREN ACCORDING TO ITS EXEMPT PURPOSE AND MISSION. PROGRAMS ASSIST WITH VITAL LIFE DECISIONS, SUCCESS IN SCHOOL, PREPARATION FOR SELF-SUFFICIENCY AND ENRICHMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Floyd Johnson CEO | Officer | 40 | $110,160 |
Tom Schaaf Board Chair | OfficerTrustee | 2 | $0 |
Bradley Gibson Vice Chair | OfficerTrustee | 2 | $0 |
Jessica Schultz-Start Sept 21 Secretary | OfficerTrustee | 2 | $0 |
Shelly Edgerly-Resigned Aug 21 Secretary | OfficerTrustee | 2 | $0 |
David Sowinski Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $204,430 |
| Membership dues | $0 |
| Fundraising events | $223,705 |
| Related organizations | $0 |
| Government grants | $1,354,894 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,838,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,621,806 |
| Total Program Service Revenue | $0 |
| Investment income | $6,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,532 |
| Net Income from Fundraising Events | -$7,874 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,650,465 |
| 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. | $134,472 |
| Compensation of current officers, directors, key employees. | $80,683 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,092,314 |
| Pension plan accruals and contributions | $28,077 |
| Other employee benefits | $83,750 |
| Payroll taxes | $95,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,041 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,937 |
| Fees for services: Other | $2,537 |
| Advertising and promotion | $13,045 |
| Office expenses | $47,440 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,775 |
| Travel | $12,753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,872 |
| Payments to affiliates | $6,386 |
| Depreciation, depletion, and amortization | $56,774 |
| Insurance | $34,498 |
| All other expenses | $20,930 |
| Total functional expenses | $2,351,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $503,457 |
| Savings and temporary cash investments | $2,092,445 |
| Pledges and grants receivable | $747,417 |
| Accounts receivable, net | $4,908 |
| 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 | $24,177 |
| Net Land, buildings, and equipment | $741,401 |
| Investments—publicly traded securities | $265,726 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,379,531 |
| Accounts payable and accrued expenses | $153,400 |
| 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 | $400,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $553,400 |
| Net assets without donor restrictions | $3,107,178 |
| Net assets with donor restrictions | $718,953 |
| 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 | $4,379,531 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Boys & Girls Club Of Greater High Point Inc has recieved totaling $514,979.
| Awarding Organization | Amount |
|---|---|
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $184,601 |
United Way Of Greater High Point Inc High Point, NC PURPOSE: EDUCATION & CAREER DEVELOPMENT; HEALTH & LIFE SKILLS AND DESIGNATIONS | $160,982 |
Foster Foundation Inc Richmond, VA PURPOSE: SOCIAL SERVICES | $107,500 |
Mcinnis Family Foundation High Point, NC PURPOSE: PROGRAM SUPPORT | $30,000 |
United Way Of Randolph Co Inc Asheboro, NC PURPOSE: (Old Central School Gym) After School and summer programs for youth in Asheboro - particularly in the Eastside and Coleridge area. | $14,156 |
Inspire Brands Foundation Inc Atlanta, GA PURPOSE: MISSION SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $222,393 |
| Earnings | -$13,725 |
| Admin Expense | $2,937 |
| Ending Balance | $205,731 |
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 |