Fort Smith Boys Club
- Assets
- $10.6m
- Revenue
- $2.3m
- Investments
- $254.2k
- Employees
- 63
- Location
- Fort Smith, AR
- Founding
- 06/1955
- Data as of
- 12/2023
- EIN
- 71-0270690
Organization Overview
Fort Smith Boys Club is located in Fort Smith, AR. 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, Fort Smith Boys Club employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Smith Boys Club 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, Fort Smith Boys Club generated $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 4.9% 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
THE FORT SMITH BOYS & GIRLS CLUB'S MISSION IS TO HELP YOUTH OF ALL BACKGROUNDS DEVELOP QUALITIES NEEDED TO BECOME RESPONSIBLE CITIZENS AND LEADERS. THROUGH OUR ASSOCIATION WITH BOYS & GIRLS CLUBS OF AMERICA, WE SEEK TO ENHANCE THE QUALITY OF LIFE FOR THE YOUTH OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FORT SMITH BOYS & GIRLS CLUB PROVIDED FACILITIES AND EQUIPMENT FOR THE USE OF LOCAL YOUTH TO AID IN EDUCATIONAL AND RECREATIONAL ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Beshears Director | Trustee | 1 | $0 |
Lyn Caselman Secretary | OfficerTrustee | 1 | $0 |
William Cooper Director | Trustee | 1 | $0 |
Carl Corley Director | Trustee | 1 | $0 |
Dwight Curry Director | Trustee | 1 | $0 |
Dallas Forsgren Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $192,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $325,649 |
| Government grants | $94,875 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,328,218 |
| Noncash contributions included in lines 1a–1f | $20,727 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,941,242 |
| Total Program Service Revenue | $266,902 |
| Investment income | $6,106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,336 |
| Net Gain/Loss on Asset Sales | -$501 |
| Net Income from Fundraising Events | $17,253 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,545 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,280,883 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,712 |
| 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 | $859,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,611 |
| Payroll taxes | $65,248 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,670 |
| Office expenses | $27,567 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $135,115 |
| Travel | $25,134 |
| 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 | $319,140 |
| Insurance | $90,755 |
| All other expenses | $78,835 |
| Total functional expenses | $1,982,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,395,939 |
| Pledges and grants receivable | $179,667 |
| Accounts receivable, net | $66,232 |
| 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 | $5,384 |
| Net Land, buildings, and equipment | $5,557,559 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $254,237 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,186,655 |
| Total assets | $10,645,673 |
| Accounts payable and accrued expenses | $101,823 |
| Grants payable | $0 |
| Deferred revenue | $42,462 |
| 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 | $144,285 |
| Net assets without donor restrictions | $8,583,161 |
| Net assets with donor restrictions | $1,918,227 |
| 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 | $10,645,673 |