Boys And Girls Club Of Laredo Inc is located in Laredo, TX. The organization was established in 1941. 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 12/2022, Boys And Girls Club Of Laredo Inc employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys And Girls Club Of Laredo 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 12/2022, Boys And Girls Club Of Laredo Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. 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 INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE FROM DISADVANTAGED CIRCUMSTANCES, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDED BASKETBALL, FOOTBALL, TRACK, AND VOLLEYBALL LEAGUES FOR CHILDREN DURING THE YEAR. RECREATIONAL PROGRAMS WERE OPEN AND SUPERVISED ALL YEAR.
THE CLUB OFFERED ARTS & CRAFTS CLASSES AND INDUSTRIAL ARTS CLASSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hector J Noyola Executive Dir. | OfficerTrustee | 40 | $35,233 |
Wilfredo Martinez Jr Past President | OfficerTrustee | 1 | $0 |
Andrew Carranco President | OfficerTrustee | 1 | $0 |
Robert Carranco Board Member | Trustee | 1 | $0 |
George Beckelhymer 1st VP | OfficerTrustee | 1 | $0 |
Joey Tellez Jr 2nd VP | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $62,250 |
All other contributions, gifts, grants, and similar amounts not included above | $568,620 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $630,870 |
Total Program Service Revenue | $340,383 |
Investment income | $34,367 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $114,958 |
Net Rental Income | $9,841 |
Net Gain/Loss on Asset Sales | $100,413 |
Net Income from Fundraising Events | $329,231 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,560,063 |
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. | $42,785 |
Compensation of current officers, directors, key employees. | $42,785 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $508,789 |
Pension plan accruals and contributions | $39,557 |
Other employee benefits | $87,378 |
Payroll taxes | $63,681 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,930 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $18,000 |
Advertising and promotion | $29,733 |
Office expenses | $26,075 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $315,210 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,297 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $61,418 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,385,370 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,836,905 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $5,697 |
Net Land, buildings, and equipment | $879,786 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,722,388 |
Accounts payable and accrued expenses | $51,977 |
Grants payable | $0 |
Deferred revenue | $16,000 |
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 | $67,977 |
Net assets without donor restrictions | $2,208,380 |
Net assets with donor restrictions | $446,031 |
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 | $2,722,388 |