Skip to content
Nonprofiteer
← BOYS & GIRLS CLUBS FOUNDATION OF INDIAN RIVER COUNTY INC

Form 990 for tax year 2023

Filed by BOYS & GIRLS CLUBS FOUNDATION OF INDIAN RIVER COUNTY INC.

Totals

Total revenue
$1,565,801
Total expenses
$40,964
Contributions and grants received
$1,400,000
Grants paid
$0
Program service revenue
$0
Investment income
$165,801
Other revenue
$0
Total assets, end of year
$6,091,298
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$6,091,298
Program services expenses (Part IX)
$36,565
Management and general expenses
$4,399
Fundraising expenses
$0
Program service expenses (Part III)
$36,565

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.

  • 1f · All other contributions, gifts and grants

    $1,400,000

  • 3 · Investment income

    total $165,801 · excluded $165,801

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $3,494 · management and general $3,494

  • 12 · Advertising and promotion

    total $905 · management and general $905

  • 24a · Other expenses: INVESTMENT EXPENSES

    total $36,310 · program services $36,310

  • 24b · Other expenses: FOREIGN TAXES

    total $255 · program services $255

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $434,116 · end of year $852,158

  • 2 · Savings and temporary cash investments

    beginning of year $202,923 · end of year $201,975

  • 11 · Investments: publicly traded securities

    beginning of year $3,441,471 · end of year $5,050,671

  • 15 · Other assets

    beginning of year -$9,107 · end of year -$13,506

  • 27 · Net assets without donor restrictions

    beginning of year $4,069,403 · end of year $6,091,298

Mission and programs · 2023

Mission

TO SOLICIT CONTRIBUTIONS AND MANAGE INVESTMENT FUNDS TO THE BENEFIT OF THE BOYS & GIRLS CLUBS OF INDIAN RIVER COUNTY,INC.

  • THE FOUNDATION IS ORGANIZED AND OPERATED, SOLELY AND EXCLUSIVELY, TO SUPPORT AND BENEFIT THE BOYS & GIRLS CLUB OF INDIAN RIVER COUNTY, INC. BY RAISING AND MANAGING FUNDS TO CREATE EARNINGS TO FUND DIRECT AND INDIRECT COSTS AND TO PROVIDE SUCH SERVICES AS DIRECTED BY THE BOARD OF DIRECTORS OF THE BOYS & GIRLS CLUBS OF INDIAN RIVER COUNTY, INC.

    Expenses $36,565

As filed on the 2023 return.

Listed in Part VII

  • Sherman Hotchkiss

    CHAIRMAN

    Total calculated
    $0

  • William Munn

    TREASURER

    Total calculated
    $0

  • Roger Lynch

    SECRETARY

    Total calculated
    $0

  • Edwin Mellett

    DIRECTOR

    Total calculated
    $0

  • Mary Grimm McClellan

    DIRECTOR

    Total calculated
    $0

  • Elizabeth Thomason

    CHIEF EXECUT

    Total calculated
    $0

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
29 January 2025
IRS schema version
2023v6.0
Source object
202500299349301570

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.