Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $50,000

• 1c · Fundraising events

  $756,530

• 1e · Government grants (contributions)

  $1,077,786

• 1f · All other contributions, gifts and grants

  $2,322,627

• 2a · Program service revenue: Club Memberships

  total $52,213 · related or exempt $52,213

• 3 · Investment income

  total $304,736 · excluded $304,736

• 6a · Gross rents

  real property $93,515

• 6b · Less rental expenses

  real property $135,261

• 6c · Rental income or loss

  real property -$41,746

• 6d · Net rental income or loss

  total -$41,746 · excluded -$41,746

• 7a · Gross sales of assets other than inventory

  securities $26,365

• 7b · Less cost or other basis and sales expenses

  securities $25,706

• 7c · Gain or loss

  securities $659

• 7d · Net gain or loss

  total $659 · excluded $659

• 8a · Fundraising events: gross income

  $86,132

• 8a · Fundraising events: contributions included on line 1c

  $756,530

• 8b · Fundraising events: direct expenses

  $141,009

• 8c · Net income from fundraising events

  total -$54,877 · excluded -$54,877

• 11a · Other revenue: Other

  total $3,059 · related or exempt $3,059

• 11b · Other revenue: Refreshment Sales

  total $2,470 · related or exempt $2,470

• 11c · Other revenue: Loss on Disposal of Pr

  total -$23,859 · excluded -$23,859

• 11e · Other revenue, total

  -$18,330

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $463,745 · program services $231,475 · management and general $37,977 · fundraising $194,293

• 7 · Other salaries and wages

  total $1,478,805 · program services $1,293,233 · management and general $104,851 · fundraising $80,721

• 8 · Pension plan contributions

  total $36,323 · program services $30,136 · management and general $3,340 · fundraising $2,847

• 9 · Other employee benefits

  total $232,747 · program services $176,815 · management and general $25,668 · fundraising $30,264

• 10 · Payroll taxes

  total $155,715 · program services $122,138 · management and general $11,909 · fundraising $21,668

• 11c · Fees: accounting

  total $23,000 · management and general $23,000

• 11e · Fees: professional fundraising services

  total $500 · fundraising $500

• 11f · Fees: investment management

  total $388 · management and general $388

• 11g · Fees: other

  total $17,949 · program services $525 · management and general $17,409 · fundraising $15

• 12 · Advertising and promotion

  total $1,084 · fundraising $1,084

• 13 · Office expenses

  total $19,297 · program services $11,921 · management and general $3,264 · fundraising $4,112

• 14 · Information technology

  total $33,680 · program services $20,644 · management and general $12,785 · fundraising $251

• 16 · Occupancy

  total $288,450 · program services $262,912 · management and general $12,769 · fundraising $12,769

• 17 · Travel

  total $23,735 · program services $22,856 · management and general $93 · fundraising $786

• 19 · Conferences, conventions and meetings

  total $2,150 · program services $124 · management and general $2,026

• 22 · Depreciation, depletion and amortization

  total $246,356 · program services $244,820 · management and general $1,536

• 23 · Insurance

  total $78,273 · program services $75,350 · management and general $2,701 · fundraising $222

• 24a · Other expenses: Program Expenses

  total $270,854 · program services $270,854

• 24b · Other expenses: Scholarships

  total $164,100 · program services $164,100

• 24c · Other expenses: Supplies

  total $104,701 · program services $103,572 · management and general $537 · fundraising $592

• 24d · Other expenses: Other Expenses

  total $84,535 · program services $65,985 · management and general $6,355 · fundraising $12,195

• 24e · All other expenses

  total $88,203 · program services $72,139 · management and general $9,724 · fundraising $6,340

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $900 · end of year $900

• 2 · Savings and temporary cash investments

  beginning of year $2,224,401 · end of year $2,903,446

• 4 · Accounts receivable

  beginning of year $256,101 · end of year $292,347

• 9 · Prepaid expenses and deferred charges

  beginning of year $31,878 · end of year $57,292

• 10a · Land, buildings and equipment: cost or other basis

  $9,051,930

• 10b · Land, buildings and equipment: accumulated depreciation

  $4,254,515

• 10c · Land, buildings and equipment, net

  beginning of year $5,107,921 · end of year $4,797,415

• 12 · Investments: other securities

  beginning of year $6,578,555 · end of year $7,040,668

• 17 · Accounts payable and accrued expenses

  beginning of year $656,559 · end of year $717,393

• 25 · Other liabilities

  beginning of year $13,360 · end of year $15,610

• 27 · Net assets without donor restrictions

  beginning of year $11,155,666 · end of year $11,652,502

• 28 · Net assets with donor restrictions

  beginning of year $2,374,171 · end of year $2,706,563

The filer's explanations (Part III)

Part I, Line 3

A comparison tool provided by the Boys & Girls Club of America is used as a measurement for salary ranges. If the salary falls outside of this range, approval is required by the Board of Directors. Annual increases are determined by and voted on the Board of Directors.