Boys & Girls Clubs Of Puerto Rico Inc
- Assets
- $21.6m
- Revenue
- $30.8m
- Investments
- $4.2m
- Employees
- 740
- Location
- Carolina, PR
- Founding
- 06/1994
- Data as of
- 06/2022
- EIN
- 66-0327584
Organization Overview
Boys & Girls Clubs Of Puerto Rico Inc is located in Carolina, PR. The organization was established in 1994. 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 06/2022, Boys & Girls Clubs Of Puerto Rico Inc employed 740 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Clubs Of Puerto Rico 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 06/2022, Boys & Girls Clubs Of Puerto Rico Inc generated $30.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $24.4m during the year ending 06/2022. While expenses have increased by 16.6% per year over the past 3 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
TO PROMOTE, ADVANCE, CREATE AWARENESS AND ADVOCATE FOR THE HEALTH, SOCIAL, EDUCATIONAL AND CHARACTER DEVELOPMENT OF YOUTH IN LOW INCOME COMMUNITIES. CLUBS ARE LOCATED WITHIN PUBLIC HOUSING DEVELOPMENT OR NEEDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP TRAINING, DEVELOPMENT, AND SUPPORT OF YOUTH PROGRAMS PROGRAM AIMED AT PROVIDING EDUCATIONAL EXPERIENCES, INTEGRAL DEVELOPMENT AND SOCIO-EMOTIONAL SUPPORT TO CHILDREN AND YOUNG PEOPLE FROM TWO MONTHS TO 18 YEARS OF AGE, AS WELL AS THEIR PARENTS OR CAREGIVERS. FOR ADULTS OVER 18 IT ALSO OFFERS JOB TRAINING AND EMPLOYABILITY.
INSTITUTO DEL DESARROLLO DE LA JUVENTUD PROGRAM AIMED TO PROMOTE AND STIMULATE CHANGES IN THE WAY CHILDHOOD AND YOUTH ARE DEVELOPED IN PUERTO RICO. ITS GOALS ARE ACCOMPLISHED BY MAKING STUDIES AND DEVELOP STATISTICS OF THE ACTUAL SITUATION OF YOUTH IN PUERTO RICO. 1,088,232 PLATFORM FOR SOCIAL IMPACT PROGRAM CREATED WITH THE PURPOSE OF RECEIVING PROPERTY BY GIFT, DEVISE OR BEQUEST, INVEST OR REINVEST THE SAME, AND APPLY THE INCOME AND PRINCIPAL THEREOF, AS THE BOARD OF DIRECTORS OF BGCPR MAY FROM TIME TO TIME DETERMINE, EITHER DIRECTLY OR THROUGH CONTRIBUTIONS TO ANY CHARITABLE ORGANIZATION OR ORGANIZATIONS, EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES. 1,244,819
LEADERSHIP TRAINING, DEVELOPMENT, AND SUPPORT OF YOUTH PROGRAMS PROGRAM AIMED AT PROVIDING EDUCATIONAL EXPERIENCES, INTEGRAL DEVELOPMENT AND SOCIO-EMOTIONAL SUPPORT TO CHILDREN AND YOUNG PEOPLE FROM TWO MONTHS TO 18 YEARS OF AGE, AS WELL AS THEIR PARENTS OR CAREGIVERS. FOR ADULTS OVER 18 IT ALSO OFFERS JOB TRAINING AND EMPLOYABILITY.
INSTITUTO DEL DESARROLLO DE LA JUVENTUD PROGRAM AIMED TO PROMOTE AND STIMULATE CHANGES IN THE WAY CHILDHOOD AND YOUTH ARE DEVELOPED IN PUERTO RICO. ITS GOALS ARE ACCOMPLISHED BY MAKING STUDIES AND DEVELOP STATISTICS OF THE ACTUAL SITUATION OF YOUTH IN PUERTO RICO. 1,088,232 PLATFORM FOR SOCIAL IMPACT PROGRAM CREATED WITH THE PURPOSE OF RECEIVING PROPERTY BY GIFT, DEVISE OR BEQUEST, INVEST OR REINVEST THE SAME, AND APPLY THE INCOME AND PRINCIPAL THEREOF, AS THE BOARD OF DIRECTORS OF BGCPR MAY FROM TIME TO TIME DETERMINE, EITHER DIRECTLY OR THROUGH CONTRIBUTIONS TO ANY CHARITABLE ORGANIZATION OR ORGANIZATIONS, EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES. 1,244,819
VIMENTI SCHOOL DURING AUGUST 2018, BGCPR STARTED THE ADMINISTRATION OF A CHARTER SCHOOL (VIMENTI) LOCATED WITHIN ONE OF ITS CLUBS FACILITIES. VIMENTI SCHOOL OFFERS EDUCATIONAL SERVICES FROM KINDER TO FIFTH GRADE. THE OPERATION IS FINANCIALLY SUPPORTED BY A SUBSIDY PER STUDENT FROM THE PUERTORICO DEPARTMENT OF EDUCATIONAND FROM DONATIONS FROM THE PRIVATE SECTOR.
VIMENTI SCHOOL DURING AUGUST 2018, BGCPR STARTED THE ADMINISTRATION OF A CHARTER SCHOOL (VIMENTI) LOCATED WITHIN ONE OF ITS CLUBS FACILITIES. VIMENTI SCHOOL OFFERS EDUCATIONAL SERVICES FROM KINDER TO FIFTH GRADE. THE OPERATION IS FINANCIALLY SUPPORTED BY A SUBSIDY PER STUDENT FROM THE PUERTORICO DEPARTMENT OF EDUCATIONAND FROM DONATIONS FROM THE PRIVATE SECTOR.
HEAD START THIS PROGRAM PROMOTES SCHOOL READINESS BY ENHANCING THE COGNITIVE, PHYSICAL, BEHAVIORAL, AND SOCIAL-EMOTIONAL DEVELOPMENT OF CHILDREN THROUGH THE PROVISION OF EDUCATIONAL, HEALTH, NUTRITIONAL, SOCIAL, AND OTHER SERVICES TO THEIR ENROLLEES - LOW-INCOME CHILDREN AND FAMILIES. THE PROGRAM IS DESIGNED TO INVOLVE PARENTS IN THEIR CHILD'S LEARNING AND DEVELOPMENT, AND TO HELP PARENTS MAKE PROGRESS TOWARD THEIR EDUCATIONAL, LITERACY, AND EMPLOYMENT GOALS. THE PROGRAM INCLUDES SERVICES OF HEAD START AND EARLY HEAD START FOR BOYS AND GIRLS BETWEEN 2 MONTHS AND 4 YEARS 11 MONTHS OF AGE. BGCPR COMMENCED WITH THIS PROGRAM DURING THE YEAR ENDED JUNE 30, 2022.
HEAD START THIS PROGRAM PROMOTES SCHOOL READINESS BY ENHANCING THE COGNITIVE, PHYSICAL, BEHAVIORAL, AND SOCIAL-EMOTIONAL DEVELOPMENT OF CHILDREN THROUGH THE PROVISION OF EDUCATIONAL, HEALTH, NUTRITIONAL, SOCIAL, AND OTHER SERVICES TO THEIR ENROLLEES - LOW-INCOME CHILDREN AND FAMILIES. THE PROGRAM IS DESIGNED TO INVOLVE PARENTS IN THEIR CHILD'S LEARNING AND DEVELOPMENT, AND TO HELP PARENTS MAKE PROGRESS TOWARD THEIR EDUCATIONAL, LITERACY, AND EMPLOYMENT GOALS. THE PROGRAM INCLUDES SERVICES OF HEAD START AND EARLY HEAD START FOR BOYS AND GIRLS BETWEEN 2 MONTHS AND 4 YEARS 11 MONTHS OF AGE. BGCPR COMMENCED WITH THIS PROGRAM DURING THE YEAR ENDED JUNE 30, 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eduardo Pagan Bod Presiden | Trustee | 2.5 | $0 |
Waleska Rivera Bod Vice Prs | Trustee | 2.5 | $0 |
Denisse Flores Bod Member | Trustee | 2.5 | $0 |
Martha Hermilla Bod Member | Trustee | 2.5 | $0 |
Victor R Rodriguez Bod Member | Trustee | 2.5 | $0 |
Brenda Marrero Bod Member | Trustee | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
William Dow Remodeling | 6/29/22 | $703,158 |
Generation Usa Educational | 6/29/22 | $319,883 |
Css Contractors Corp Construction | 6/29/22 | $221,738 |
William Dow Remodeling | 6/29/22 | $703,158 |
Telecom Antennas Structure Service Communications | 6/29/22 | $156,078 |
Roka Design General Contractor Inc Construction | 6/29/22 | $200,359 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,464 |
| Fundraising events | $2,150,088 |
| Related organizations | $0 |
| Government grants | $11,646,569 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,668,754 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,488,875 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,788,677 |
| 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. | $1,622,594 |
| Compensation of current officers, directors, key employees. | $1,622,594 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,056,860 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,135,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $85,243 |
| Fees for services: Accounting | $22,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,710,613 |
| Advertising and promotion | $221,194 |
| Office expenses | $1,449,930 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $87,405 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $264,883 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $435,182 |
| Insurance | $199,115 |
| All other expenses | $852,405 |
| Total functional expenses | $24,378,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,475,977 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,056,107 |
| Accounts receivable, net | $3,714,962 |
| 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 | $320,559 |
| Net Land, buildings, and equipment | $1,814,297 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,243,018 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,624,920 |
| Accounts payable and accrued expenses | $1,979,379 |
| Grants payable | $0 |
| Deferred revenue | $7,651,320 |
| 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 | $7,680,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,310,699 |
| Net assets without donor restrictions | -$3,337,099 |
| Net assets with donor restrictions | $7,651,320 |
| 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 | $21,624,920 |