Bgccf Nmtc Inc is located in Orlando, FL. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bgccf Nmtc 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 06/2023, Bgccf Nmtc Inc generated $194.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $565.5k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP FACILITATE THE NEW MARKET TAX CREDITS FINANCING THAT WILL ALLOW THE BOYS & GIRLS CLUBS OF CENTRAL FLORIDA, INC. TO FUND THE CONSTRUCTION OF JACQUELINE BRADLEY CLARENCE OTIS FAMILY BOYS & GIRLS CLUB AND THE EXPANSION OF THE JOE R. LEE CLUB.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Cain President/ceo | Officer | 1 | $0 |
Seksit Niltub CFO | Officer | 1 | $0 |
Lisa Mihelich Chair (as Of 01/23) | OfficerTrustee | 1 | $0 |
Denise Hammond Chair Elect | OfficerTrustee | 1 | $0 |
Richard Cieslak Treasurer | OfficerTrustee | 1 | $0 |
Horace Dawson Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dixie Southern Industrial Inc Contractor | 6/29/21 | $168,813 |
Brasfield Gorrie Llc General Contractors | 6/29/21 | $5,452,825 |
Trane Us Inc Contractor | 6/29/21 | $106,665 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $10,876 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,876 |
Total Program Service Revenue | $184,000 |
Investment income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $194,876 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,821 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $67,858 |
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 | $125,055 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $359,530 |
Insurance | $0 |
All other expenses | $285 |
Total functional expenses | $565,549 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $447,824 |
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 | $0 |
Net Land, buildings, and equipment | $12,891,909 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $732,565 |
Total assets | $14,072,298 |
Accounts payable and accrued expenses | $50,822 |
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 | $12,143,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $12,193,822 |
Net assets without donor restrictions | $1,145,912 |
Net assets with donor restrictions | $732,564 |
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 | $14,072,298 |