Rapid City Club For Boys Foundation Inc
- Assets
- $4.4m
- Revenue
- $384.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Rapid City, SD
- Founding
- 03/2003
- Data as of
- 05/2022
- EIN
- 75-3015710
Organization Overview
Rapid City Club For Boys Foundation Inc is located in Rapid City, SD. The organization was established in 2003. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, 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. Rapid City Club For Boys Foundation 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 05/2022, Rapid City Club For Boys Foundation Inc generated $384.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $254.3k during the year ending 05/2022. While expenses have increased by 6.2% 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
THE CLUB FOR BOYS FOUNDATION IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO ENHANCE AND MANAGE AN ENDOWMENT FUND SUPPORTING THE CLUB FOR BOYS, AN ORGANIZATION DEDICATED TO PROVIDING POSITIVE EXPERIENCES THAT DEVELOP SELF-ESTEEM AND CHARACTER IN A SAFE, CARING AND FUN ENVIRONMENT FOR ALL BOYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL SUPPORT TO THE RAPID CITY CLUB FOR BOYS, AN ORGANIZATION DEDICATED TO PROVIDING POSITIVE EXPERIENCES THAT DEVELOP SELF-ESTEEM AND CHARACTER IN A SAFE, CARING AND FUN ENVIRONMENT FOR ALL BOYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Gentry Executive Di | Officer | 40 | $85,421 |
Roger Johnsen Secretary | OfficerTrustee | 0.25 | $0 |
Tom Graslie Vice Preside | OfficerTrustee | 0.25 | $0 |
Aron Martz President | OfficerTrustee | 0.25 | $0 |
Brett Simons Treasurer | OfficerTrustee | 0.25 | $0 |
H Lee Ahrlin Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,533 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,533 |
| Total Program Service Revenue | $0 |
| Investment income | $65,170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,918 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $384,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $175,974 |
| 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. | $27,209 |
| Compensation of current officers, directors, key employees. | $20,407 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,919 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,393 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,530 |
| Office expenses | $877 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,434 |
| All other expenses | $0 |
| Total functional expenses | $254,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,830 |
| Savings and temporary cash investments | $66,019 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,011 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,284,862 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $53,265 |
| Total assets | $4,411,987 |
| Accounts payable and accrued expenses | $7,274 |
| 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 | $7,274 |
| Net assets without donor restrictions | $4,336,469 |
| Net assets with donor restrictions | $68,244 |
| 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 | $4,411,987 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rapid City Club For Boys Foundation Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
South Dakota Community Foundation Pierre, SD PURPOSE: Youth activities | $15,000 |
Endowment Analysis
| Beg. Balance | $4,397,717 |
| Earnings | -$319,187 |
| Admin Expense | $54,953 |
| Net Contributions | $488,867 |
| Other Expense | $175,975 |
| Ending Balance | $4,336,469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chandler H Kibbee And Mercedes K Kibbee Foundation For Children Sheridan, WY | $13,511,920 | $2,104,033 |
James E West Foundation Omaha, NE | $23,468,379 | $3,469,599 |
Wyoming State 4h Foundation Laramie, WY | $6,351,833 | $1,074,965 |
Youth & Family Services Qalicb Inc Rapid City, SD | $11,455,805 | $158,774 |
Gillwell Foundation Omaha, NE | $8,176,739 | $8,704,636 |
Boys And Girls Club Of Central Wyoming Endowment Foundation Inc Casper, WY | $10,401,641 | $818,229 |
North Yellowstone Education Foundation Gardiner, MT | $952,490 | $615,823 |
Rapid City Club For Boys Foundation Inc Rapid City, SD | $4,411,987 | $384,621 |
Teammates Foundation Lincoln, NE | $13,484,301 | $134,269 |
The Lincoln High School Bandparents Association Sioux Falls, SD | $259,330 | $127,392 |
Boy Scouts Of America Davenport, IA | $1,577,215 | $126,263 |
Pay It Forward Des Moines Iowa Inc Des Moines, IA | $158,733 | $0 |