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Nonprofiteer
← BOYS & GIRLS CLUB OF CARLSBAD FOUNDATION

Form 990 for tax year 2023

Filed by BOYS & GIRLS CLUB OF CARLSBAD FOUNDATION.

Totals

Total revenue
$59,742
Total expenses
$24,300
Contributions and grants received
$30,000
Grants paid
$554
Program service revenue
$0
Investment income
$29,742
Other revenue
$0
Total assets, end of year
$1,119,811
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,119,811
Program services expenses (Part IX)
$554
Management and general expenses
$23,746
Fundraising expenses
$0
Program service expenses (Part III)
$554

Program services were 2.3% 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.

  • 1f · All other contributions, gifts and grants

    $30,000

  • 3 · Investment income

    total $21,674 · excluded $21,674

  • 4 · Income from investment of tax-exempt bond proceeds

    total $15,666 · excluded $15,666

  • 7a · Gross sales of assets other than inventory

    securities $132,937

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

    securities $140,535

  • 7c · Gain or loss

    securities -$7,598

  • 7d · Net gain or loss

    total -$7,598 · excluded -$7,598

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $554 · program services $554

  • 11c · Fees: accounting

    total $9,030 · management and general $9,030

  • 11f · Fees: investment management

    total $5,284 · management and general $5,284

  • 11g · Fees: other

    total $1,382 · management and general $1,382

  • 12 · Advertising and promotion

    total $8,050 · management and general $8,050

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,169 · end of year $75,706

  • 2 · Savings and temporary cash investments

    beginning of year $43,519 · end of year $58,380

  • 11 · Investments: publicly traded securities

    beginning of year $150,310 · end of year $154,119

  • 12 · Investments: other securities

    beginning of year $874,237 · end of year $831,606

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,082,235 · end of year $1,119,811

Mission and programs · 2023

Mission

THE FOUNDATION WAS ESTABLISHED FOR THE BENEFIT OF THE BOYS AND GIRLS CLUBS OF CARLSBAD, A CALIFORNIA NON-PROFIT CORPORATION, FOR ITS CHARITABLE USES.

Activities or mission (Part I)

THE FOUNDATION WAS ESTABLISHED TO ENGAGE IN THE SOLICITATION, RECEIPT AND ADMINISTRATION OF PROPERTY AND MONIES, AND FROM TIME TO TIME DISBURSE SUCH PROPERTY AND INCOME TO AND FOR THE BENEFIT OF THE BOYS AND GIRLS CLUBS OF CARLSBAD, A CALIFORNIA NON-PROFIT CORPORATION, FOR ITS CHARITABLE USES.

  • THE FOUNDATION WAS ESTABLISHED FOR THE BENEFIT OF THE BOYS AND GIRLS CLUBS OF CARLSBAD, A CALIFORNIA NON-PROFIT CORPORATION, FOR ITS CHARITABLE USES, INCLUDING BUT NOT LIMITED TO, THE PROMOTION OF JUVENILE DECENCY, THE PHYSICAL, MENTAL AND MORAL WELL BEING OF YOUNG PERSONS OF THE CARLSBAD AREA, THEIR EDUCATION AND TRAINING IN GOOD CITIZENSHIP, AND DEVELOPMENT OF CHARACTER AND SELF-RELIANCE.

    Expenses $554 · Grants $554

As filed on the 2023 return.

Listed in Part VII

  • Greg Nelson

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Luke Matteson

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Scott Chelberg

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Mike Maher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Jim Morrison

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • George Young

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Meryl Young

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
7 February 2025
IRS schema version
2023v6.0
Source object
202500559349300225

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