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Nonprofiteer
← WALTHAM BOYS AND GIRLS CLUB INC

Form 990 for tax year 2022

Filed by WALTHAM BOYS AND GIRLS CLUB INC.

Totals

Total revenue
$3,583,748
Total expenses
$2,905,526
Contributions and grants received
$2,632,693
Grants paid
$0
Program service revenue
$500,914
Investment income
$14,323
Other revenue
$435,818
Total assets, end of year
$2,983,843
Total liabilities, end of year
$285,318
Net assets or fund balances, end of year
$2,698,525
Program services expenses (Part IX)
$2,239,647
Management and general expenses
$303,358
Fundraising expenses
$362,521
Program service expenses (Part III)
$2,239,647

Program services were 77.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $8,645

  • 1b · Membership dues

    $817

  • 1e · Government grants (contributions)

    $1,202,729

  • 1f · All other contributions, gifts and grants

    $1,420,502

  • 1g · Noncash contributions included above

    $25,787

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $493,376 · related or exempt $493,376

  • 2f · All other program service revenue

    total $7,538 · excluded $7,538

  • 3 · Investment income

    total $323 · excluded $323

  • 6a · Gross rents

    real property $54,032

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $54,032

  • 6d · Net rental income or loss

    total $54,032 · excluded $54,032

  • 7a · Gross sales of assets other than inventory

    securities $14,000

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

    securities $0

  • 7c · Gain or loss

    securities $14,000

  • 7d · Net gain or loss

    total $14,000 · excluded $14,000

  • 8a · Fundraising events: gross income

    $484,452

  • 8b · Fundraising events: direct expenses

    $102,666

  • 8c · Net income from fundraising events

    total $381,786 · excluded $381,786

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $133,654 · program services $46,779 · management and general $40,096 · fundraising $46,779

  • 7 · Other salaries and wages

    total $1,336,125 · program services $1,046,559 · management and general $95,354 · fundraising $194,212

  • 9 · Other employee benefits

    total $168,163 · program services $125,093 · management and general $15,497 · fundraising $27,573

  • 10 · Payroll taxes

    total $115,801 · program services $86,142 · management and general $10,672 · fundraising $18,987

  • 11b · Fees: legal

    total $740 · management and general $740

  • 11c · Fees: accounting

    total $25,618 · management and general $25,618

  • 11g · Fees: other

    total $115,544 · program services $26,002 · management and general $27,770 · fundraising $61,772

  • 13 · Office expenses

    total $52,163 · program services $41,322 · management and general $8,098 · fundraising $2,743

  • 16 · Occupancy

    total $223,029 · program services $207,416 · management and general $15,613

  • 17 · Travel

    total $62,921 · program services $61,854 · management and general $1,067

  • 19 · Conferences, conventions and meetings

    total $11,498 · management and general $11,498

  • 20 · Interest

    total $4,645 · management and general $4,645

  • 22 · Depreciation, depletion and amortization

    total $152,882 · program services $137,594 · management and general $15,288

  • 23 · Insurance

    total $63,161 · program services $56,845 · management and general $6,316

  • 24a · Other expenses: PROGRAM EXPENSE

    total $341,300 · program services $341,300

  • 24b · Other expenses: TRAINING

    total $54,293 · program services $48,863 · management and general $5,430

  • 24c · Other expenses: MISCELLANEOUS

    total $32,803 · program services $13,029 · management and general $12,005 · fundraising $7,769

  • 24d · Other expenses: DUES AND SUBSCRIPTION

    total $11,186 · program services $849 · management and general $7,651 · fundraising $2,686

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $434,666 · end of year $1,204,042

  • 2 · Savings and temporary cash investments

    beginning of year $243,108 · end of year $216,491

  • 3 · Pledges and grants receivable

    beginning of year $75,000 · end of year $0

  • 4 · Accounts receivable

    beginning of year $49,583 · end of year $166,449

  • 9 · Prepaid expenses and deferred charges

    beginning of year $35,614 · end of year $19,378

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

    $4,247,720

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

    $2,875,200

  • 10c · Land, buildings and equipment, net

    beginning of year $1,447,219 · end of year $1,372,520

  • 11 · Investments: publicly traded securities

    beginning of year $4,099 · end of year $4,963

  • 17 · Accounts payable and accrued expenses

    beginning of year $160,441 · end of year $247,777

  • 19 · Deferred revenue

    beginning of year $42,415 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $66,994 · end of year $37,541

  • 27 · Net assets without donor restrictions

    beginning of year $1,717,164 · end of year $1,866,469

  • 28 · Net assets with donor restrictions

    beginning of year $302,275 · end of year $832,056

Mission and programs · 2022

Mission

TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.

  • THE ORGANIZATION PROVIDES A SPORTS, FITNESS AND RECREATION FACILITY SPECIALIZING IN YOUTH ACTIVITIES INCLUDING SWIMMING, GYM, CITIZENSHIP, MEALS, LEADERSHIP AND OTHER RECREATIONAL ACTIVITIES FOR THE WALTHAM COMMUNITY.

    Expenses $567,820 · Revenue $6,216

  • THE ORGANIZATION PROVIDES AFTER SCHOOL PROGRAMS FOR SCHOOL AGE CHILDREN IN THE COMMUNITY OF WALTHAM.

    Expenses $1,269,479 · Revenue $439,642

  • THE ORGANIZATION PROVIDES SUMMER CAMP AND SUMMER PROGRAMS FOR SCHOOL-AGE CHILDREN.

    Expenses $402,348 · Revenue $47,518

As filed on the 2022 return.

Listed in Part VII

  • Geoff Stanton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Charlie Cope

    FORMER PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • James Edmunds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christian Bijoux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amanda Brennan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Demeo

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Catherine Huot

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Iammartino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robert Marcou

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Porter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wendy Quinn

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Mark Rus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Greg Smizer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robert Halliday

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Leila Hooper

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Erica Young

    EXECUTIVE DIRECTOR

    Total calculated
    $159,683
    From this org
    $129,494
    From related orgs
    $0
    Other
    $30,189
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,494
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $30,189
    Filer's total
    $159,683

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION'S BOARD OF DIRECTORS HAS APPROVED A WRITTEN COMPENSATION PLAN. THE BOARD'S COMPENSATION COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AND MAKES RECOMMENDATIONS REGARDING COMPENSATION. COMPENSATION RECOMMENDATIONS FOR OTHER KEY PERSONNEL ARE MADE BY THE EXECUTIVE DIRECTOR. ALL COMPENSATION RECOMMENDATIONS ARE SUBJECT TO APPROVAL BY THE FULL BOARD OF DIRECTORS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
9 May 2024
IRS schema version
2022v5.0
Source object
202421349349308732

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