Totals
- Total revenue
- $4,714,409
- Total expenses
- $4,332,745
- Contributions and grants received
- $4,473,899
- Grants paid
- $54,460
- Program service revenue
- $0
- Investment income
- $183,487
- Other revenue
- $57,023
- Total assets, end of year
- $12,060,836
- Total liabilities, end of year
- $210,926
- Net assets or fund balances, end of year
- $11,849,910
- Program services expenses (Part IX)
- $3,867,049
- Management and general expenses
- $442,413
- Fundraising expenses
- $23,283
- Program service expenses (Part III)
- $3,867,049
Program services were 89.3% 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.
-
1c · Fundraising events
$402,234
-
1e · Government grants (contributions)
$837,740
-
1f · All other contributions, gifts and grants
$3,233,925
-
3 · Investment income
total $136,361 · excluded $136,361
-
6a · Gross rents
real property $41,981
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $41,981
-
6d · Net rental income or loss
total $41,981 · excluded $41,981
-
7a · Gross sales of assets other than inventory
securities $800,642
-
7b · Less cost or other basis and sales expenses
securities $753,516
-
7c · Gain or loss
securities $47,126
-
7d · Net gain or loss
total $47,126 · excluded $47,126
-
8a · Fundraising events: gross income
$79,366
-
8a · Fundraising events: contributions included on line 1c
$402,234
-
8b · Fundraising events: direct expenses
$79,366
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: MISC INCOME
total $15,042 · excluded $15,042
-
11e · Other revenue, total
$15,042
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $54,460 · program services $54,460
-
5 · Compensation of officers, directors and key employees
total $211,249 · program services $129,133 · management and general $69,712 · fundraising $12,404
-
7 · Other salaries and wages
total $2,375,896 · program services $2,209,931 · management and general $165,965
-
9 · Other employee benefits
total $78,294 · program services $78,294
-
10 · Payroll taxes
total $192,431 · program services $173,979 · management and general $17,531 · fundraising $921
-
11c · Fees: accounting
total $31,500 · program services $15,750 · management and general $14,962 · fundraising $788
-
12 · Advertising and promotion
total $64,152 · program services $63,594 · management and general $530 · fundraising $28
-
16 · Occupancy
total $146,179 · program services $146,179
-
22 · Depreciation, depletion and amortization
total $280,481 · program services $252,433 · management and general $26,646 · fundraising $1,402
-
23 · Insurance
total $107,582 · program services $44,968 · management and general $59,483 · fundraising $3,131
-
24a · Other expenses: FOOD COSTS
total $206,419 · program services $206,419
-
24b · Other expenses: SUPPLIES
total $123,235 · program services $123,235
-
24c · Other expenses: PROGRAM EXPENSE
total $103,260 · program services $103,260
-
24d · Other expenses: UTILITIES
total $77,779 · program services $51,471 · management and general $24,993 · fundraising $1,315
-
24e · All other expenses
total $279,828 · program services $213,943 · management and general $62,591 · fundraising $3,294
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $525,983 · end of year $333,446
-
2 · Savings and temporary cash investments
beginning of year $202,986 · end of year $556,913
-
3 · Pledges and grants receivable
beginning of year $177,342 · end of year $410,000
-
4 · Accounts receivable
beginning of year $7,900 · end of year $187,646
-
5 · Loans and receivables from officers and key people
beginning of year $9,600 · end of year $1,579
-
9 · Prepaid expenses and deferred charges
beginning of year $31,783 · end of year $28,898
-
10a · Land, buildings and equipment: cost or other basis
$7,753,101
-
10b · Land, buildings and equipment: accumulated depreciation
$1,586,510
-
10c · Land, buildings and equipment, net
beginning of year $5,850,403 · end of year $6,166,591
-
11 · Investments: publicly traded securities
beginning of year $4,372,430 · end of year $4,337,174
-
15 · Other assets
beginning of year $37,398 · end of year $38,589
-
17 · Accounts payable and accrued expenses
beginning of year $146,061 · end of year $172,294
-
19 · Deferred revenue
beginning of year $37,154 · end of year $38,632
-
27 · Net assets without donor restrictions
beginning of year $10,436,274 · end of year $11,091,409
-
28 · Net assets with donor restrictions
beginning of year $596,336 · end of year $758,501
Mission and programs · 2023
Mission
THE BANNER LAKE CLUB ASPIRES TO END THE INTERGENERATIONAL CYCLE OF POVERTY BY MEETING THE EVER-EVOLVING NEEDS OF OUR COMMUNITY AND GUIDING OUR FAMILIES THROUGHOUT ALL THEIR LIFE STAGES ON A PATH TOWARD SELF-SUFFICIENCY. BY PROVIDING INDIVIDUALIZED PROGRAMS, WE CAN CONNECT WITH THEM AS EARLY AS SIX WEEKS OLD SO WE CAN HELP THE COURSE OF THEIR LIVES BY PROVIDING HIGH QUALITY EDUCATION IN AN INTIMATE SETTING.
Activities or mission (Part I)
THE BANNER LAKE CLUB ASPIRES TO END THE INTERGENERATIONAL CYCLE OF POVERTY.
-
BLAST (BANNER LAKE AFTER SCHOOL TIME)- AN AFTER SCHOOL/OUT OF SCHOOL AND SUMMER PROGRAM FOR SCHOOL-AGED CHILDREN 5-18 YEARS OLD, FOCUSING ON ADADEMICS, PHYSICAL FITNESS AND SPORTS (PE, SOCCER, TENNIS, GOLF, PICKLEBALL), TUTORING, GARDENING AND NUTRITION, THE ARTS, BEHAVIOR MODIFICATION, AND A TEEN PROGRAM WITH A FREE-STANDING TEEN CENTER AND MENTORING PROGRAM.BANNER LAKE ACADEMY - A SMALL PRIVATE SCHOOL WITH STUDENTS IN GRADES KINDERGARTEN, FIRST, SECOND, AND THIRD GRADE. THE ACADEMY PROVIDES SMALL CLASS SIZE AND INDIVIDUALIZED INSTRUCTION FOR CHILDREN FROM BANNER LAKE AND NEARBY COMMUNITIES WITH THE GOAL OF GIVING THEM A STRONG ACADEMIC FOUNDATION PRIOR TO MATRICULATING TO FOURTH GRADE.BANNER LAKE EARLY LEARNING CENTER - PROVIDES SERVICES FOR CHILDREN FROM INFANT (6 WEEKS) TO VPK/PRE-KINDERGARTEN (4 YEARS OLD) ON A YEAR-ROUND BASIS, FROM 7:30AM TO 6PM. CHILDREN ARE DIVIDED BY AGE WITH APPROPRIATE TEACHER TO CHILD RATIOS. BREAKFAST, LUNCH, AND SNACK SERVED DAILY. SEVERAL INDUSTRIAL STANDARD PERFORMANCE MEASUREMENTS ARE IN PLACE TO EVALUATE PROGRAM INPACT, FACULTY PERFORMANCE, CHILD DEVELOPMENT, AND PARENT INVOLVEMENT.OTHER BLC PROGRAMS - KEEP BANNER BEAUTIFUL (HOME REPAIRS AND REVITALIZATION PROGRAM), SOUP KITCHEN (BANNER LAKE CAFE), INDIVIDUALIZED ASSISTANCE, PROGRAMS IN PARTNERSHIP WITH LOCAL ORGANIZATIONS, REFERRALS, COMMUNITY EVENTS.
Expenses $3,867,049 · Grants $54,460
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Alfred MillerALFRED MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Karen PhillipsKAREN PHILLIPS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Joseph FrelinghuysenJOSEPH FRELINGHUYSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rob RanieriROB RANIERI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Emily CrispEMILY CRISP
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Susan TurnerSUSAN TURNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Beth LettengarverBETH LETTENGARVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Demetrius PrestonDEMETRIUS PRESTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Janice BerryJANICE BERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ann JacksonANN JACKSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Cory LaverackCORY LAVERACK
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Mike SteeleMIKE STEELE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Trent SteeleTRENT STEELE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Dominique SchulteDOMINIQUE SCHULTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Wendy ReynosoWENDY REYNOSO
CEO
- Total calculated
- $222,887
- From this org
- $211,249
- From related orgs
- $0
- Other
- $11,638
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $211,249
- Bonus
- $0
- Other
- $0
- Deferred
- $2,881
- Nontaxable benefits
- $8,757
- Filer's total
- $222,887
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 · Approval by the board or 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 BOARD OF DIRECTORS OF THE BANNER LAKE CLUB, INC APPROVED THE COMPENSATION AGREEMENT WITH THE CEO.
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
- 2023
- Filed
- 24 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540839349301404
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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