Variety Boys And Girls Club

Organization Overview

Variety Boys And Girls Club is located in Los Angeles, CA. The organization was established in 1960. 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 06/2021, Variety Boys And Girls Club employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Variety Boys And Girls Club 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 06/2021, Variety Boys And Girls Club generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 8.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE LIVES OF UNDERPRIVILEGED CHILDREN IN THE SURROUNDING COMMUNITY WE SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VARIETY BOYS & GIRLS CLUB (VBGC) IS A SAFE ENVIRONMENT FOR KIDS (AGES 5 TO 17 YEARS) AND PROPELS THEM TO LEARN SOCIAL SKILLS, IDENTIFY POTENTIAL OPPORTUNITIES, AS WELL AS ACHIEVE PERSONAL, ACADEMIC, ATHLETIC AND OTHER WORTHY GOALS. VBGC PROVIDES SOCIAL, RECREATIONAL AND ATHLETIC ACTIVITIES AND COUNSELING SERVICES IN A CONTROLLED SETTING TO DISADVANTAGED YOUTHS. SINCE 1949, THE VARIETY BOYS & GIRLS CLUB HAS RESPONDED TO THE NEEDS OF CHILDREN IN THE BOYLE HEIGHTS/EAST LOS ANGELES COMMUNITY OFFERING ACADEMIC AND LEADERSHIP DEVELOPMENT PROGRAMS, TUTORING AND MENTORING, SPORTS AND AQUATICS PROGRAMS, ARTS AND CRAFTS, A COMPUTER LEARNING CENTER AND LIBRARY, SOCIAL RECREATION, COLLEGE SCHOLARSHIPS, AND SPECIAL EVENTS TO AWARD MEMBERS' ACHIEVEMENTS. FOR ALMOST 70 YEARS, VBGC HAS PROVIDED A REFUGE FOR CHILDREN WHO STRUGGLE DAILY WITH REAL LIFE CIRCUMSTANCES OF POVERTY, UNDER-RESOURCED NEIGHBORHOODS, LOW EDUCATIONAL ATTAINMENT, GANG VIOLENCE, SUBSTANCE ABUSE AND POOR HEALTH OUTCOMES. ANNUALLY, OVER 2,500 KIDS PARTICIPATE IN A PROGRAM OR SERVICE VBGC OFFERS.


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Siqueiros
Executive Director
$127,404
Debbie Graziano
Treasurer
$0
Dale Davison
Secretary
$0
Shaun Barber
Vice President
$0
Gabriel Marquez
President
$0
Stephen Dem
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,112,208
Investment income $108,518
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $134,014
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,361,950

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Variety Boys And Girls Club has recieved totaling $461,083.

Awarding OrganizationAmount
The Play Equity Fund

Los Angeles, CA

PURPOSE: PROGRAM SUPPORT

$100,000
Food Forward Inc

North Hollywood, CA

PURPOSE: FRESH PRODUCE DONATION

$68,702
Boys & Girls Clubs Of America

Atlanta, GA

PURPOSE: Support BGCA Program

$54,780
Justin Turner Foundation

Studio City, CA

PURPOSE: PROJECT REMODEL OF FACILITY

$45,446
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$31,023
Jerome Foundation

Orange, CA

PURPOSE: UNRESTRICTED

$26,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,877,864
Earnings$180,305
Ending Balance$4,058,169

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