Boys & Girls Of Magnolia
- Assets
- $881.2k
- Revenue
- $675.3k
- Investments
- $0.0
- Employees
- 12
- Location
- Magnolia, AR
- Founding
- 02/1965
- Data as of
- 09/2022
- EIN
- 71-0305932
Organization Overview
Boys & Girls Of Magnolia is located in Magnolia, AR. The organization was established in 1965. 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 09/2022, Boys & Girls Of Magnolia employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Of Magnolia 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 Of Magnolia generated $675.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $447.7k during the year ending 09/2022. While expenses have increased by 4.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOPMENT OF YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASEBALL
BASKETBALL
FOOTBALL
ALL STAR GAMES & TOURNAMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kailia Cross Secretary | OfficerTrustee | $0 | |
Mandy Sharpe Vice Preside | OfficerTrustee | $0 | |
Kristy Smith President | OfficerTrustee | $0 | |
Steven Alexander Board Member | Trustee | $0 | |
Nate Caldwell Board Member | Trustee | $0 | |
Jason Clark Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $134,604 |
| All other contributions, gifts, grants, and similar amounts not included above | $469,802 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $604,406 |
| Total Program Service Revenue | $60,083 |
| Investment income | $446 |
| 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 | $10,369 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $675,304 |
| 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. | $44,687 |
| Compensation of current officers, directors, key employees. | $44,687 |
| Compensation to disqualified persons | $30,179 |
| Other salaries and wages | $81,704 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,528 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,863 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $699 |
| 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 | $47,075 |
| Insurance | $30,150 |
| All other expenses | $48,902 |
| Total functional expenses | $447,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,051 |
| Savings and temporary cash investments | $227,553 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,503 |
| 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 | $3,144 |
| Net Land, buildings, and equipment | $457,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $881,181 |
| Accounts payable and accrued expenses | $3,186 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,186 |
| Net assets without donor restrictions | $671,543 |
| Net assets with donor restrictions | $206,452 |
| 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 | $881,181 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Boys & Girls Of Magnolia has recieved totaling $73,538.
| Awarding Organization | Amount |
|---|---|
United Way Of Columbia County Inc Magnolia, AR PURPOSE: YOUTH DEVELOPMENT | $35,000 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $21,250 |
Boys & Girls Clubs Of America Atlanta, GA PURPOSE: Support BGCA Program | $6,211 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $6,000 |
Albemarle Foundation Charlotte, NC PURPOSE: PROGRAM ASSISTANCE | $2,500 |
Allstate Foundation Northbrook, IL PURPOSE: AGENT - INDIVIDUAL HH GRANT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys Hope Girls Hope Bridgeton, MO | $45,305,566 | $13,311,510 |
Boys And Girls Clubs Of Greater Houston Inc Houston, TX | $19,273,139 | $12,542,144 |
Boys & Girls Clubs Of Greater Tarrant County Inc Fort Worth, TX | $24,462,664 | $12,498,813 |
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 And Girls Clubs Of Austin And Travis County Inc Austin, TX | $22,984,634 | $8,192,816 |
Boys & Girls Clubs Of Greater Dallas Inc Dallas, TX | $10,990,675 | $9,196,738 |
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 Springfield Inc Springfield, MO | $10,339,273 | $3,838,449 |
Boys And Girls Clubs Of The Gulf Coast Inc Gulfport, MS | $16,074,863 | $6,479,845 |