Boys & Girls Club Of Polk County
- Assets
- $3.0m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 192
- Location
- Lakeland, FL
- Founding
- 07/1960
- Data as of
- 06/2021
- EIN
- 59-0171815
Organization Overview
Boys & Girls Club Of Polk County, operating under the name Boys & Girls Clubs Of Lakeland & Mu, is located in Lakeland, FL. The organization was established in 1960. 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 06/2021, Boys & Girls Clubs Of Lakeland & Mu employed 192 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Clubs Of Lakeland & Mu 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 06/2021, Boys & Girls Clubs Of Lakeland & Mu generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $3.3m during the year ending 06/2021. While expenses have increased by 13.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING AND RESPONSIBLE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF PHYSICAL, MENTAL AND NORMAL WELL-BEING OF BOYS AND GIRLS BY PROVIDING A STRUCTURED ENVIRONMENT FOR EDUCATION, RECREATION AND ADULT SUPERVISION. 2,500 YOUTH WERE SERVED ANNUALLY IN EIGHT CLUB LOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Giordano President & | Officer | 40 | $234,203 |
Richard Grant Board Chair | OfficerTrustee | 1 | $0 |
Gap Kovach Vice Chair | OfficerTrustee | 1 | $0 |
Tim Schaal Treasurer | OfficerTrustee | 1 | $0 |
Kerry Wilson Secretary | OfficerTrustee | 1 | $0 |
Kelly Aiken Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $387,952 |
| Membership dues | $2,773 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,964,560 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,186,220 |
| Noncash contributions included in lines 1a–1f | $3,011 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,541,505 |
| Total Program Service Revenue | $0 |
| Investment income | $158,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $211,072 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,157,495 |
| 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 | $1,490,065 |
| Pension plan accruals and contributions | $33,889 |
| Other employee benefits | $165,331 |
| Payroll taxes | $121,075 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,497 |
| Fees for services: Other | $0 |
| Advertising and promotion | $128,062 |
| Office expenses | $78,726 |
| Information technology | $68,599 |
| Royalties | $0 |
| Occupancy | $136,674 |
| Travel | $54,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $452 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,550 |
| Insurance | $175,941 |
| All other expenses | $4,576 |
| Total functional expenses | $3,257,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,280 |
| Savings and temporary cash investments | $805,528 |
| Pledges and grants receivable | $812,556 |
| 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 | $20,481 |
| Net Land, buildings, and equipment | $467,281 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $734,984 |
| Total assets | $3,027,110 |
| Accounts payable and accrued expenses | $320,509 |
| 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 | $158,647 |
| Unsecured mortgages and notes payable | $232,367 |
| Other liabilities | $0 |
| Total liabilities | $711,523 |
| Net assets without donor restrictions | $944,045 |
| Net assets with donor restrictions | $1,371,542 |
| 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 | $3,027,110 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boys & Girls Club Of Polk County has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Hilda Sutton And William D Blanton Charitable Foundation Inc Lakeland, FL PURPOSE: HUMANITARIAN | $1,500 |
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 Central Florida Orlando, FL | $41,538,088 | $66,034,982 |
Boys And Girls Clubs Of Northeast Florida Inc Jacksonville, FL | $19,339,095 | $21,038,909 |
Boys & Girls Club Of Martin County Inc Hobe Sound, FL | $33,721,745 | $22,197,432 |
Boys And Girls Clubs Of Tampa Bay Inc Tampa, FL | $17,748,593 | $9,755,388 |
Boys & Girls Clubs Of Sarasota And Desoto Counties Inc Sarasota, FL | $24,486,139 | $10,286,700 |
Boys And Girls Club Of North Alabama Huntsville, AL | $8,005,907 | $10,583,177 |
Boys And Girls Clubs Of The Suncoast Inc Clearwater, FL | $3,543,242 | $5,813,838 |
Boys And Girls Clubs Of Miami-Dade Inc Miami, FL | $17,524,292 | $5,010,997 |
Boys And Girls Clubs Of The Emerald Coast Inc Fort Walton Beach, FL | $943,961 | $4,260,308 |
Boys And Girls Club Of North Central Florida Inc Perry, FL | $1,945,067 | $3,716,338 |
The Boys And Girls Clubs Of South Alabama Inc Mobile, AL | $6,667,983 | $4,100,536 |