Boys And Girls Club Of Middle Tennessee Inc
- Assets
- $9.2m
- Revenue
- $6.0m
- Investments
- $5.3m
- Employees
- 244
- Location
- Nashville, TN
- Founding
- 09/1954
- Data as of
- 12/2021
- EIN
- 62-0540402
Organization Overview
Boys And Girls Club Of Middle Tennessee Inc is located in Nashville, TN. The organization was established in 1954. 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 12/2021, Boys And Girls Club Of Middle Tennessee Inc employed 244 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys And Girls Club Of Middle Tennessee 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 12/2021, Boys And Girls Club Of Middle Tennessee Inc generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $4.9m during the year ending 12/2021. While expenses have increased by 9.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER-SCHOOL PROGRAM----THE AFTER-SCHOOL PROGRAM REVOLVES AROUND THREE PRIORITY OUTCOMES: ACADEMIC SUCCESS, HEALTHY LIFESTYLES, AND CHARACTER & LEADERSHIP. BGCMT'S ACADEMIC SUCCESS PRIORITY OUTCOME ENHANCES STUDENT PERFORMANCE AND ENCOURAGES HIGH SCHOOL GRADUATION, COLLEGE ATTENDANCE, AND CAREER EXPLORATION. EACH CLUB HAS A DESIGNATED LEARNING CENTER AND IS OPEN DURING CLUB HOURS. ACADEMIC PROGRAMS FOCUS ON EARLY LITERACY, HOMEWORK ASSISTANCE AND TUTORING, INTEGRATED LEARNING STRATEGIES, BASIC COMPUTER SKILLS DEVELOPMENT, AND ADVANCED DIGITAL ARTS PROGRAMMING. THE HEALTHY LIFESTYLES PRIORITY OUTCOME OFFERS FITNESS AND PREVENTIVE HEALTH AND WELLNESS PROGRAMS THAT PROMOTE HEALTHY HABITS AND COMBAT THE RISING EPIDEMIC OF CHILDHOOD OBESITY. BGCMT OFFERS TEAM-BASED PROGRAMS FOR ALL GENDERS AND ALL AGES. THE CHARACTER & LEADERSHIP PRIORITY OUTCOME PREPARES YOUNG PEOPLE FOR A SUCCESSFUL FUTURE, EMPOWERING MEMBERS TO BECOME CITIZENS WHO SUPPORT AND INFLUENCE THEIR PEERS AND COMMUNITY. YOUTH ARE TAUGHT THE VALUE OF LEADERSHIP AND VOLUNTEER WORK, AND ARE EXPOSED TO COMMUNITY SERVICE.
SUMMER ENRICHMENT SERVICES----THE FOCUS OF OUR SUMMER ENRICHMENT SERVICES IS TO PROVIDE A SAFE AND ENGAGING LEARNING ENVIRONMENT FOR THE MAIN PURPOSE OF REDUCING SUMMER LEARNING LOSS. THROUGH ITS SUMMER BRAIN GAME, BGCMT KEEPS EDUCATION AT THE FOREFRONT THROUGH ITS 8-10 WEEK SUMMER DAY CAMP. YOUTH PARTICIPATE IN EDUCATIONAL FIELD TRIPS, GO ON COLLEGE TOURS, AND PARTAKE IN COMMUNITY SERVICE PROJECTS. OVER 850 YOUTH PARTICIPATED IN OUR SUMMER ENRICHMENT PROGRAMS.
DIGITAL PROGRAMMING ---- THE FOCUS OF DIGITAL PROGRAMMING IS TO PROVIDE 21ST CENTURY LEARNING AND CONTENT TO ENGAGE OUR YOUTH AND PREPARE THEM FOR THE FUTURE WORKPLACE. WE LAUNCHED CLUB NEXT OFFERING A RANGE OF YOUTH SERVICES ONLINE, FROM TUTORING TO READING SUPPORT. OUR CODE ACADEMY, AN INNOVATIVE CAMP OPEN TO ALL YOUTH, TEACHES COMPUTER CODING CONCEPTS AND IOS APP DESIGN. AND LASTLY, WE OFFERED E-LEARNING CENTERS TO GIVE YOUTH A SAFE PLACE TO LOGIN AND ATTEND THEIR ONLINE BASED SCHOOLS DURING THE PANDEMIC.
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Higgs CEO | Officer | 40 | $300,000 |
Jerry Geraghty Treasurer | Officer | 1 | $0 |
Andrea Hart Board Chair | Officer | 1 | $0 |
Phil Thornton Director | Officer | $0 | |
Allen Bolden Director | Trustee | 1 | $0 |
Eric Bymaster Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cliftonlarsonallen Llp Consulting | 12/30/21 | $108,919 |
City Wide Facility Solutions Maintenance | 12/30/21 | $104,919 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,641 |
| Related organizations | $0 |
| Government grants | $3,133,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,294,945 |
| Noncash contributions included in lines 1a–1f | $52,387 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,466,136 |
| Total Program Service Revenue | $88,606 |
| Investment income | $22,115 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $216,023 |
| Net Income from Fundraising Events | $214,888 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,035,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,877 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $318,010 |
| Compensation of current officers, directors, key employees. | $25,121 |
| Compensation to disqualified persons | $177,688 |
| Other salaries and wages | $2,130,892 |
| Pension plan accruals and contributions | $10,063 |
| Other employee benefits | $127,861 |
| Payroll taxes | $157,707 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,658 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $417,054 |
| Advertising and promotion | $105,176 |
| Office expenses | $0 |
| Information technology | $36,652 |
| Royalties | $0 |
| Occupancy | $360,290 |
| Travel | $96,349 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,545 |
| Interest | $6,050 |
| Payments to affiliates | $12,899 |
| Depreciation, depletion, and amortization | $156,364 |
| Insurance | $0 |
| All other expenses | $97,421 |
| Total functional expenses | $4,886,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,682,345 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $43,717 |
| Accounts receivable, net | $100,123 |
| 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 | $82,960 |
| Net Land, buildings, and equipment | $1,000,137 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,306,219 |
| Investments—program-related | $0 |
| Intangible assets | $17,333 |
| Other assets | $0 |
| Total assets | $9,232,834 |
| Accounts payable and accrued expenses | $372,219 |
| Grants payable | $0 |
| Deferred revenue | $178,500 |
| 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 | $508,571 |
| Other liabilities | $0 |
| Total liabilities | $1,059,290 |
| Net assets without donor restrictions | $7,018,633 |
| Net assets with donor restrictions | $1,154,911 |
| 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 | $9,232,834 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Boys And Girls Club Of Middle Tennessee Inc has recieved totaling $51,500.
| Awarding Organization | Amount |
|---|---|
Jeff And Tina Adams Family Foundation Columbia, TN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $50,500 |
Big Guy Foundation Inc Mill Neck, NY PURPOSE: DONATION | $1,000 |
Endowment Analysis
| Beg. Balance | $938,498 |
| Earnings | $558,627 |
| Other Expense | -$558,627 |
| Ending Balance | $938,498 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Clubs Of Metro Atlanta Inc Chamblee, GA | $73,032,085 | $27,276,380 |
Boys Hope Girls Hope Bridgeton, MO | $45,305,566 | $13,311,510 |
Boys & Girls Clubs Of The Tennessee Valley Knoxville, TN | $24,003,738 | $10,838,534 |
Boys Club Of Greater Kansas City Kansas City, MO | $19,659,774 | $10,387,938 |
Boys & Girls Clubs Of The Coastal Plain Inc Winterville, NC | $10,354,346 | $5,791,585 |
Boys And Girls Club Of North Alabama Huntsville, AL | $8,005,907 | $10,583,177 |
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 |