Boys & Girls Clubs Of Central Florida Foundation Inc
- Assets
- $63.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 04/2019
- Data as of
- 06/2022
- EIN
- 83-1583136
Organization Overview
Boys & Girls Clubs Of Central Florida Foundation Inc is located in Orlando, FL. The organization was established in 2019. 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. Boys & Girls Clubs Of Central Florida 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 06/2022, Boys & Girls Clubs Of Central Florida Foundation Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 66.6% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. 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 RESERVE CAPITAL FOR THE PURPOSE OF INCOME GENERATION TO SUPPORT THE BOYS & GIRLS CLUBS OF CENTRAL FLORIDA INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RESERVE CAPITAL FOR THE PURPOSE OF INCOME GENERATION TO SUPPORT THE BOYS & GIRLS CLUBS OF CENTRAL FLORIDA, INC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivek Desai Chair | OfficerTrustee | 1 | $0 |
Wes Brumback Sectretary | OfficerTrustee | 1 | $0 |
Gary Cain President/ceo | Officer | 1 | $0 |
Seksit Niltub Treasurer | Officer | 1 | $0 |
Steve L Appel Director | Trustee | 1 | $0 |
Dennis M Donohue Director | Trustee | 1 | $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 | $296,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,969 |
| Total Program Service Revenue | $0 |
| Investment income | $490,830 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,040 |
| Net Gain/Loss on Asset Sales | $1,173,003 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,980,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $771,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,810 |
| Fees for services: Accounting | $1,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $112,101 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $10,930 |
| All other expenses | $0 |
| Total functional expenses | $1,219,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $765,345 |
| Pledges and grants receivable | $6,025 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,692 |
| Net Land, buildings, and equipment | $34,260,000 |
| Investments—publicly traded securities | $27,385,395 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $63,923,457 |
| Accounts payable and accrued expenses | $9,582 |
| 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 | $9,582 |
| Net assets without donor restrictions | $63,670,835 |
| Net assets with donor restrictions | $243,040 |
| 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 | $63,923,457 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boys & Girls Clubs Of Central Florida Foundation Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $500 |
Endowment Analysis
| Beg. Balance | $19,454,262 |
| Earnings | -$2,850,672 |
| Net Contributions | $48,019,289 |
| Other Expense | $771,000 |
| Ending Balance | $63,851,879 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Boys & Girls Clubs Of The Emerald Coast Foundation Inc Fort Walton Beach, FL | $25,546,592 | $366,080 |
Boys & Girls Clubs Of Central Florida Foundation Inc Orlando, FL | $63,923,457 | $1,980,842 |
Big Brothers Big Sisters Of Miami Institute Inc Miami, FL | $8,941,117 | $488,429 |
First Tee Of Miami-Dade Foundation Inc Coral Gables, FL | $529,507 | $555,863 |
Browns Harbor Inc Fort Lauderdale, FL | $790,198 | $429,770 |
Foundation For Eds Inc Augusta, GA | $7,254,128 | $1,692,728 |
Bgv Foundation Inc Valdosta, GA | $7,881,575 | $122,289 |
Clearwater Aquatic Team Inc Clearwater, FL | $149,865 | $319,396 |
Girls Place Foundation Gainesville, FL | $0 | $0 |
Right From The Start Columbus, GA | $318,330 | $278,154 |
Strong Girls Inc Miami, FL | $235,051 | $310,806 |
Girls Club Of Columbus Endowment Fund Ua Dtd 010986 Columbus, GA | $2,296,994 | $156,518 |