Waco Boys Club Inc
- Assets
- $436.2k
- Revenue
- $472.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Waco, TX
- Founding
- 04/1947
- Data as of
- 12/2020
- EIN
- 74-6002520
Organization Overview
Waco Boys Club Inc, operating under the name Boys & Girls Clubs Of Waco, is located in Waco, TX. The organization was established in 1947. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Clubs Of Waco 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 12/2020, Boys & Girls Clubs Of Waco generated $472.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $384.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RECREATIONAL AND EDUCATIONAL SUPPORT FOR CHILDREN
Describe the Organization's Program Activity:
TO PROVIDE RECREATIONAL AND EDUCATIONAL SUPPORT FOR CHILDREN IN LOW INCOME AREAS IN THE CITY OF WACO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Johnson Treasurer | OfficerTrustee | 5 | $0 |
Brad Sharp President | OfficerTrustee | 5 | $0 |
Martinez Sean Director | Trustee | 2 | $0 |
Jim Bowen Director | Trustee | 2 | $0 |
Pamela Kreuzberg Director | Trustee | 2 | $0 |
Doug Dickson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $198,045 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,845 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,890 |
| Total Program Service Revenue | $72,875 |
| Investment income | $128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,200 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $39,714 |
| Net Income from Gaming Activities | -$4,059 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $472,538 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,535 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,437 |
| Payroll taxes | $14,067 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,840 |
| 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 | $1,215 |
| Office expenses | $60,990 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,829 |
| Travel | $2,123 |
| 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 | $29,288 |
| Insurance | $17,765 |
| All other expenses | $0 |
| Total functional expenses | $384,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,388 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $265,404 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,363 |
| Total assets | $436,155 |
| Accounts payable and accrued expenses | $0 |
| 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 | $14,154 |
| Total liabilities | $14,154 |
| Net assets without donor restrictions | $420,503 |
| Net assets with donor restrictions | $1,498 |
| 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 | $436,155 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Waco Boys Club Inc has recieved totaling $36,038.
| Awarding Organization | Amount |
|---|---|
Madison Alexander Cooper And Martha Roane Cooper Foundation Waco, TX PURPOSE: SUMMER PROGRAMMING | $18,000 |
Madison Alexander Cooper And Martha Roane Cooper Foundation Waco, TX PURPOSE: SUMMER PROGRAMMING | $18,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Clubs Of San Antonio Texas San Antonio, TX | $14,637,627 | $4,748,268 |
Clements Boys And Girls Club Inc Killeen, TX | $9,963,115 | $5,636,947 |
Boys Club Of Pharr Inc Pharr, TX | $4,346,783 | $3,016,683 |
Boys Club Of Wichita Falls Wichita Falls, TX | $8,791,180 | $3,049,342 |
Boys & Girls Club Of Central New Mexico Albuquerque, NM | $1,722,862 | $1,721,539 |
Fort Smith Boys Club Fort Smith, AR | $7,902,660 | $2,549,811 |
Young Mens Christian Association Of Metropolitan Dallas Foundation Coppell, TX | $38,256,050 | $6,673,590 |
Boys & Girls Club Of Bartlesville Bartlesville, OK | $10,347,254 | $4,247,814 |
Boys & Girls Club Of Farmington Farmington, NM | $2,506,606 | $2,024,042 |
Boys And Girls Club Of Vernon Inc Vernon, TX | $2,369,075 | $1,293,972 |
Boys And Girls Club Of Wichita Falls Endowment Fund Wichita Falls, TX | $22,162,725 | $1,859,769 |
West Memphis Boys Club Inc West Memphis, AR | $589,689 | $864,261 |