Boys & Girls Club Of Greater Kingsport Inc
- Assets
- $5.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 48
- Location
- Kingsport, TN
- Founding
- 04/1955
- Data as of
- 12/2023
- EIN
- 62-0481370
Organization Overview
Boys & Girls Club Of Greater Kingsport Inc is located in Kingsport, TN. The organization was established in 1955. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Boys & Girls Club Of Greater Kingsport Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Greater Kingsport 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 12/2023, Boys & Girls Club Of Greater Kingsport Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 9 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
TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CULTURAL, VOCATIONAL, AND RECREATIONAL ACTIVITIES FOR YOUNG PEOPLE TO PROVIDE AND PROMOTE A HEALTHY LIFESTYLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Fields Co-Chair | OfficerTrustee | 2 | $0 |
Tony Melson Co-Chair | OfficerTrustee | 2 | $0 |
Jessica Cook Director | Trustee | 2 | $0 |
Kendal Mcelroy Treasurer And Secretary | OfficerTrustee | 2 | $0 |
Stacy Ervin Director | Trustee | 2 | $0 |
Josh Davis Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $170,060 |
| Membership dues | $4,596 |
| Fundraising events | $0 |
| Related organizations | $100,828 |
| Government grants | $777,754 |
| All other contributions, gifts, grants, and similar amounts not included above | $549,463 |
| Noncash contributions included in lines 1a–1f | $50,291 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,602,701 |
| Total Program Service Revenue | $51,354 |
| Investment income | $2,913 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $53,405 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,093 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,762,850 |
| 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. | $162,500 |
| Compensation of current officers, directors, key employees. | $94,000 |
| Compensation to disqualified persons | $542,553 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70,415 |
| Payroll taxes | $53,950 |
| Fees for services: Management | $7,847 |
| Fees for services: Legal | $2,373 |
| Fees for services: Accounting | $50,853 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,117 |
| Office expenses | $16,094 |
| Information technology | $17,741 |
| Royalties | $0 |
| Occupancy | $185,172 |
| Travel | $6,576 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,339 |
| Interest | $161 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $182,620 |
| Insurance | $39,204 |
| All other expenses | $21,542 |
| Total functional expenses | $1,563,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,824 |
| Savings and temporary cash investments | $263,139 |
| Pledges and grants receivable | $491,413 |
| Accounts receivable, net | $13,168 |
| 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 | $12,381 |
| Net Land, buildings, and equipment | $4,791,348 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,804,273 |
| Accounts payable and accrued expenses | $17,529 |
| Grants payable | $0 |
| Deferred revenue | $2,135 |
| 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 | $19,664 |
| Net assets without donor restrictions | $5,600,142 |
| Net assets with donor restrictions | $184,467 |
| 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 | $5,804,273 |