Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $635,157

• 1e · Government grants (contributions)

  $1,059,499

• 1f · All other contributions, gifts and grants

  $2,705,862

• 1g · Noncash contributions included above

  $92,772

• 2a · Program service revenue: PROGRAM SERVICE INCOME

  total $3,349,749 · related or exempt $3,349,749

• 3 · Investment income

  total $81,818 · excluded $81,818

• 7a · Gross sales of assets other than inventory

  other assets $36,680

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

  other assets $0

• 7c · Gain or loss

  other assets $36,680

• 7d · Net gain or loss

  total $36,680 · excluded $36,680

• 8a · Fundraising events: gross income

  $200,300

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

  $635,157

• 8b · Fundraising events: direct expenses

  $243,830

• 8c · Net income from fundraising events

  total -$43,530 · excluded -$43,530

• 11a · Other revenue: OTHER INCOME

  total $39,955 · excluded $39,955

• 11b · Other revenue: INKIND RENT

  total $21,600 · excluded $21,600

• 11e · Other revenue, total

  $61,555

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $574,787 · program services $287,048 · management and general $164,846 · fundraising $122,893

• 7 · Other salaries and wages

  total $3,089,771 · program services $2,652,021 · management and general $168,088 · fundraising $269,662

• 8 · Pension plan contributions

  total $66,729 · program services $43,669 · management and general $21,188 · fundraising $1,872

• 9 · Other employee benefits

  total $175,254 · program services $86,608 · management and general $73,105 · fundraising $15,541

• 10 · Payroll taxes

  total $325,816 · program services $200,634 · management and general $96,925 · fundraising $28,257

• 11c · Fees: accounting

  total $17,892 · management and general $17,892

• 11f · Fees: investment management

  total $9,142 · management and general $9,142

• 11g · Fees: other

  total $90,741 · program services $4,707 · management and general $45,061 · fundraising $40,973

• 13 · Office expenses

  total $355,415 · program services $283,006 · management and general $27,592 · fundraising $44,817

• 16 · Occupancy

  total $618,144 · program services $421,555 · management and general $179,683 · fundraising $16,906

• 17 · Travel

  total $274,556 · program services $225,470 · management and general $47,303 · fundraising $1,783

• 20 · Interest

  total $20,797 · management and general $20,797

• 22 · Depreciation, depletion and amortization

  total $395,010 · program services $362,382 · management and general $31,601 · fundraising $1,027

• 23 · Insurance

  total $279,158 · program services $111,979 · management and general $148,434 · fundraising $18,745

• 24a · Other expenses: COMMUNITY RELATIONS

  total $108,903 · fundraising $108,903

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,573,104 · end of year $1,516,906

• 2 · Savings and temporary cash investments

  beginning of year $30,334 · end of year $1,058,471

• 3 · Pledges and grants receivable

  beginning of year $89,901 · end of year $119,179

• 4 · Accounts receivable

  beginning of year $614,202 · end of year $307,729

• 9 · Prepaid expenses and deferred charges

  beginning of year $27,360 · end of year $121,721

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

  $8,996,550

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

  $2,761,774

• 10c · Land, buildings and equipment, net

  beginning of year $5,870,312 · end of year $6,234,776

• 11 · Investments: publicly traded securities

  beginning of year $1,004,004 · end of year $1,583,890

• 15 · Other assets

  beginning of year $77,230 · end of year $140,289

• 17 · Accounts payable and accrued expenses

  beginning of year $339,948 · end of year $614,879

• 19 · Deferred revenue

  beginning of year $163,258 · end of year $129,188

• 23 · Secured mortgages and notes payable

  beginning of year $584,674 · end of year $468,803

• 25 · Other liabilities

  beginning of year $16,314 · end of year $169,392

• 27 · Net assets without donor restrictions

  beginning of year $7,927,503 · end of year $8,375,200

• 28 · Net assets with donor restrictions

  beginning of year $254,750 · end of year $1,325,499

The filer's explanations (Part III)

PART I, LINE 3

IN DETERMINING COMPENSATION FOR THE ORGANIZATION'S CEO, OFFICERS, AND TOP MANAGEMENT, THE ORGANIZATION TAKES INTO CONSIDERATION AND RELIES ON A MATRIX PROVIDED BY THE BOYS AND GIRLS CLUB OF AMERICA, WHICH SHOWS HIGH AND LOW SALARY RANGES AND COMPARABILITY RATINGS AS TO SIZE, MARKET CONDITIONS, AND ENGAGES IN CONSULTATION WITH OTHER CLUBS IN THE REGION. THE REVIEWS ARE DONE ANNUALLY - MOST RECENT WAS JANUARY 2023. THE PROCESS IS AS FOLLOWS: 1.) THE EXECUTIVE COMMITTEE MEETS WITHOUT THE CEO TO REVIEW THE GOALS SET FOR THE CEO FOR THE YEAR. THEY USE THIS DOCUMENT TO SCORE THE CEO'S PERFORMANCE. 2.) THE EXECUTIVE COMMITTEE USES THE CHART OF COMPARABLE SALARIES PROVIDED BY BOYS & GIRLS CLUBS OF AMERICA BROKEN DOWN BY REGION AND BUDGET SIZE TO DETERMINE COMPENSATION CHANGES. 3.) THE PROPOSED COMPENSATION CHANGES ARE RATIFIED BY THE BOARD OF DIRECTORS THOUGH A PROXY VOTE.