Boys & Girls Club Of Nassau County Foundation Inc
- Assets
- $10.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Fernandina Beach, FL
- Founding
- 08/2001
- Data as of
- 06/2021
- EIN
- 59-3672345
Organization Overview
Boys & Girls Club Of Nassau County Foundation Inc is located in Fernandina Beach, FL. The organization was established in 2001. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Nassau County Foundation 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 06/2021, Boys & Girls Club Of Nassau County Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 0.9% 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
SUPPORT THE BOYS & GIRLS CLUBS' NASSAU COUNTY LOCATIONS. THE CLUBS PROVIDE YOUTH DEVELOPMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUCCESSFULLY RAISED 846,465 IN CONTRIBUTIONS THIS YEAR, WHICH WERE USED FOR CLUB SUPPORT AND TO FUND THE ENDOWMENT FOR FUTURE CLUB SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Carpenter Vice Preside | OfficerTrustee | 10 | $0 |
Ann Moser Vice-Preside | OfficerTrustee | 10 | $0 |
Steve Nadeau President | OfficerTrustee | 15 | $0 |
Bill Stash VP Finance | OfficerTrustee | 5 | $0 |
Van Dyke Walker Vice-Preside | OfficerTrustee | 10 | $0 |
Rose Baugh Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $23,119 |
| Membership dues | $115,397 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $672,596 |
| Noncash contributions included in lines 1a–1f | $27,335 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $961,862 |
| Total Program Service Revenue | $0 |
| Investment income | $46,777 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $394,875 |
| Net Income from Fundraising Events | $121,368 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,524,882 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,294 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,523 |
| Fees for services: Other | $0 |
| Advertising and promotion | $425 |
| Office expenses | $21,790 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,783 |
| 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 | $155,790 |
| Insurance | $30,266 |
| All other expenses | $45,127 |
| Total functional expenses | $1,099,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,144,548 |
| Savings and temporary cash investments | $137,785 |
| Pledges and grants receivable | $234,013 |
| 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 | $99,000 |
| Net Land, buildings, and equipment | $4,179,716 |
| Investments—publicly traded securities | $3,416,497 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,496 |
| Total assets | $10,216,055 |
| Accounts payable and accrued expenses | $13,918 |
| 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 | $13,918 |
| Net assets without donor restrictions | $6,551,627 |
| Net assets with donor restrictions | $3,650,510 |
| 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 | $10,216,055 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Boys & Girls Club Of Nassau County Foundation Inc has recieved totaling $139,458.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: GENERAL OPERATING | $25,000 |
Episcopal Childrens Services Inc Jacksonville, FL PURPOSE: COVID RELIEF | $22,500 |
United Way Of Northeast Florida Inc Jacksonville, FL PURPOSE: GREAT FUTURES | $21,320 |
Mclelland Family Foundation Villanova, PA PURPOSE: SUPPORT | $20,000 |
Gant Family Foundation Melville, NY PURPOSE: SEE STATEMENT #11 | $15,000 |
Jacksonville Jaguars Foundation Inc Jacksonville, FL PURPOSE: PLAY 60 | $13,000 |
Endowment Analysis
| Beg. Balance | $2,819,979 |
| Earnings | $736,470 |
| Admin Expense | $6,511 |
| Other Expense | $133,441 |
| Ending Balance | $3,416,497 |
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 |