Boys & Girls Clubs Of Sarasota And Desoto Counties Inc
- Assets
- $24.5m
- Revenue
- $10.3m
- Investments
- $0.0
- Employees
- 273
- Location
- Sarasota, FL
- Founding
- 08/1968
- Data as of
- 09/2022
- EIN
- 59-6211876
Organization Overview
Boys & Girls Clubs Of Sarasota And Desoto Counties Inc is located in Sarasota, FL. The organization was established in 1968. 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 09/2023, Boys & Girls Clubs Of Sarasota And Desoto Counties Inc employed 273 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Clubs Of Sarasota And Desoto Counties 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 09/2022, Boys & Girls Clubs Of Sarasota And Desoto Counties Inc generated $10.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $7.1m during the year ending 09/2022. While expenses have increased by 5.9% 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
SEE PART III
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BOYS & GIRLS CLUBS OF SARASOTA AND DESOTO COUNTIES PROVIDE A WORLD-CLASS CLUB EXPERIENCE THAT ASSURES SUCCESS IS WITHIN REACH OF EVERY YOUNG PERSON THAT WALKS THROUGH OUR DOORS, WITH ALL MEMBERS ON TRACK TO GRADUATE FROM HIGH SCHOOL WITH A PLAN FOR THE FUTURE, DEMONSTRATE GOOD CHARACTER AND CITIZENSHIP, AND LIVE A HEALTHY LIFESTYLE.
THE 21ST CENTURY COMMUNITY PROGRAMS AT THE BOYS & GIRLS CLUBS OF SARASOTA AND DESOTO COUNTIES PROVIDE OPPORTUNITIES FOR ACADEMIC ENRICHMENT, INCLUDING TUTORIAL SERVICES, TO HELP STUDENTS, PARTICULARLY STUDENTS WHO ATTEND LOW-PERFORMING SCHOOLS, TO MEET STATE ACADEMIC STANDARDS IN CORE ACADEMIC SUBJECTS SUCH AS READING AND MATHEMATICS.
THE TEEN PROGRAM OF THE BOYS & GIRLS CLUBS OF SARASOTA AND DESOTO COUNTIES IS COMMITTED TO EMPOWERING TEENS TO SUCCEED ACADEMICALLY AND LIVE A HEALTHY LIFESTYLE WHILE MAKING A DIFFERENCE IN OUR COMMUNITY. BGCSDC TEEN PROGRAMS STRESS LEADERSHIP DEVELOPMENT, VOLUNTEERISM AND COMMUNITY SERVICE AND ENTREPRENEURIAL EDUCATION, ALLOWING TEENS TO GAIN SKILLS THROUGH EXPERIENCES THAT WILL HAVE A LONG-LASTING IMPACT ON THEIR FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Shapiro Director | Trustee | 3 | $0 |
Jaime Didomenico Director | Trustee | 1 | $0 |
Ric Saba Director | Trustee | 1 | $0 |
Ric Smalley Director | Trustee | 1 | $0 |
Dr Robert Gussin Director | Trustee | 1 | $0 |
Dr Richard Rehmeyer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $574,712 |
| Related organizations | $298,850 |
| Government grants | $3,108,143 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,735,336 |
| Noncash contributions included in lines 1a–1f | $945,047 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,717,041 |
| Total Program Service Revenue | $419,372 |
| Investment income | $53,721 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,407 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,286,700 |
| 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. | $360,472 |
| Compensation of current officers, directors, key employees. | $360,472 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,416,730 |
| Pension plan accruals and contributions | $144,934 |
| Other employee benefits | $218,895 |
| Payroll taxes | $272,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,121 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,088 |
| Advertising and promotion | $71,220 |
| Office expenses | $57,365 |
| Information technology | $262,941 |
| Royalties | $0 |
| Occupancy | $60,542 |
| Travel | $54,223 |
| 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 | $589,613 |
| Insurance | $169,609 |
| All other expenses | $134,064 |
| Total functional expenses | $7,090,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,766,017 |
| Savings and temporary cash investments | $3,480,021 |
| Pledges and grants receivable | $4,099,079 |
| Accounts receivable, net | $29,572 |
| 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 | $80,501 |
| Net Land, buildings, and equipment | $10,468,834 |
| Investments—publicly traded securities | $3,642,747 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $919,368 |
| Total assets | $24,486,139 |
| Accounts payable and accrued expenses | $754,857 |
| Grants payable | $0 |
| Deferred revenue | $173,325 |
| 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 | $13,349 |
| Total liabilities | $941,531 |
| Net assets without donor restrictions | $15,471,868 |
| Net assets with donor restrictions | $8,072,740 |
| 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 | $24,486,139 |