Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $200,000

• 1c · Fundraising events

  $1,741,919

• 1d · Related organizations

  $325,970

• 1e · Government grants (contributions)

  $9,144,606

• 1f · All other contributions, gifts and grants

  $21,326,921

• 1g · Noncash contributions included above

  $179,047

• 2a · Program service revenue: SUMMER PROGRAM FEES

  total $479,739 · related or exempt $479,739

• 2b · Program service revenue: MEMBERSHIP DUES

  total $283,267 · related or exempt $283,267

• 2c · Program service revenue: CAMP REVENUES

  total $7,310 · related or exempt $7,310

• 3 · Investment income

  total $843,627 · excluded $843,627

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

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $110,055

• 6b · Less rental expenses

  real property $397,953

• 6c · Rental income or loss

  real property -$287,898 · personal property $0

• 6d · Net rental income or loss

  total -$287,898 · excluded -$287,898

• 7a · Gross sales of assets other than inventory

  securities $20,517,268 · other assets $1,288,806

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

  securities $22,512,047 · other assets $1,230,279

• 7c · Gain or loss

  securities -$1,994,779 · other assets $58,527

• 7d · Net gain or loss

  total -$1,936,252 · excluded -$1,936,252

• 8a · Fundraising events: gross income

  $228,698

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

  $1,741,919

• 8b · Fundraising events: direct expenses

  $617,413

• 8c · Net income from fundraising events

  total -$388,715 · excluded -$388,715

• 9a · Gaming: gross income

  $13,134

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $13,134 · excluded $13,134

• 10a · Gross sales of inventory

  $1,693

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $1,693 · excluded $1,693

• 11a · Other revenue: OTHER INCOME

  total $23,578 · related or exempt $23,578

• 11e · Other revenue, total

  $23,578

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,242 · program services $5,242

• 2 · Grants to domestic individuals

  total $93,957 · program services $93,957

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $1,503,983 · program services $1,183,545 · management and general $73,628 · fundraising $246,810

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $10,880,438 · program services $8,529,462 · management and general $556,685 · fundraising $1,794,291

• 8 · Pension plan contributions

  total $205,049 · program services $160,121 · management and general $8,191 · fundraising $36,737

• 9 · Other employee benefits

  total $862,720 · program services $706,015 · management and general $23,147 · fundraising $133,558

• 10 · Payroll taxes

  total $894,203 · program services $710,614 · management and general $40,680 · fundraising $142,909

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $83,150 · management and general $83,150

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $163,033 · fundraising $163,033

• 11f · Fees: investment management

  total $51,995 · management and general $51,995

• 11g · Fees: other

  total $996,544 · program services $703,413 · management and general $66,732 · fundraising $226,399

• 12 · Advertising and promotion

  total $89,123 · program services $82,169 · management and general $3 · fundraising $6,951

• 13 · Office expenses

  total $1,626,634 · program services $1,530,517 · management and general $21,642 · fundraising $74,475

• 14 · Information technology

  total $135,436 · program services $121,892 · management and general $6,772 · fundraising $6,772

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $1,549,157 · program services $1,509,761 · management and general $16,058 · fundraising $23,338

• 17 · Travel

  total $519,817 · program services $506,560 · management and general $4,519 · fundraising $8,738

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $96,339 · program services $72,725 · management and general $14,357 · fundraising $9,257

• 20 · Interest

  total $69,758 · program services $69,758

• 21 · Payments to affiliates

  total $47,346 · program services $47,346

• 22 · Depreciation, depletion and amortization

  total $2,151,336 · program services $2,122,402 · management and general $13,975 · fundraising $14,959

• 23 · Insurance

  total $426,025 · program services $385,076 · management and general $13,143 · fundraising $27,806

• 24a · Other expenses: OUTSIDE SERVICES

  total $837,909 · program services $736,108 · management and general $37,821 · fundraising $63,980

• 24b · Other expenses: BANK CHARGES

  total $103,859 · program services $6,193 · management and general $97,642 · fundraising $24

• 24c · Other expenses: PRINTING

  total $71,870 · program services $16,920 · management and general $355 · fundraising $54,595

• 24d · Other expenses: BOARD EXPENSES

  total $23,300 · program services $457 · management and general $18,594 · fundraising $4,249

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $0 · end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $780,488 · end of year $8,449,922

• 3 · Pledges and grants receivable

  beginning of year $4,159,972 · end of year $10,622,005

• 4 · Accounts receivable

  beginning of year $0 · end of year $0

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $6,815,100 · end of year $6,815,100

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $140,108 · end of year $166,497

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

  $60,307,940

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

  $42,317,288

• 10c · Land, buildings and equipment, net

  beginning of year $19,462,508 · end of year $17,990,652

• 11 · Investments: publicly traded securities

  beginning of year $40,438,508 · end of year $31,137,380

• 12 · Investments: other securities

  beginning of year $0 · end of year $1,313,897

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $35,401 · end of year $0

• 15 · Other assets

  beginning of year $1,200,000 · end of year $40,893

• 17 · Accounts payable and accrued expenses

  beginning of year $1,530,475 · end of year $658,216

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $201,948 · end of year $279,464

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $2,150,000 · end of year $1,500,000

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $600,000

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $30,520,035 · end of year $29,819,503

• 28 · Net assets with donor restrictions

  beginning of year $38,629,627 · end of year $43,679,163

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4A

SAM DELANeY RECEIVED A SEVERANCE PAYOUT IN 2022 FOR HIS PRIOR YEARS OF SERVICE.

SCHEDULE J, PART I, LINE 7

IN 2021, THE BOYS AND GIRLS CLUB OF METRO ATLANTA, INC. ENTERED INTO BOARD-APPROVED RETENTION PLANS FOR LORENE JACKSON, MARGO MARKS, MICHAEL A. LAMONT, kimberly lucas, shern phillips AND VERONICA SUSAN SQUIRES. THE AMOUNT OF BENEFIT PAID DURING THE TAX YEAR WAS $10,000. THE AMOUNT OF BENEFIT ACCRUED DURING THE TAX YEAR WAS $50,000. IN 2022, THE BOYS AND GIRLS CLUB OF METRO ATLANTA, INC. ENTERED INTO BOARD-APPROVED RETENTION PLANS FOR VICTOR FIORESI AND SUSAN GALVAN QUINN. THE AMOUNT OF BENEFIT ACCRUED DURING THE TAX YEAR WAS $13,611.

SCHEDULE J, PART II, COLUMN (B)(ii)

ON JANUARY 25, 2020, THE BOYS AND GIRLS CLUB OF METRO ATLANTA, INC. ENTERED INTO A BOARD APPROVED RETENTION PLAN FOR THE BENEFIT OF DAVID JERNIGAN, PRESIDENT AND CEO. MR. JERNIGAN WILL VEST IN THE PLAN AFTER 3 YEARS OF SERVICE FROM MAY 15, 2021. THE PAYMENT FOR THE PLAN IS A LUMP SUM AMOUNT OF $60,000, SUBJECT TO APPROPRIATE TAX WITHHOLDING, TO BE PAID OUT ON THE PAY PERIOD ON OR NEAR MAY 15, 2023. IF MR. JERNIGAN'S EMPLOYMENT TERMINATES FOR ANY REASON OTHER THAN DEATH OR DISABILITY PRIOR TO COMPLETION OF 3 YEARS OF SERVICE, HE IS NOT ENTITLED TO ANY PAYOUTS FROM THE PLAN. THE AMOUNT OF BENEFIT ACCRUED DURING THE TAX YEAR WAS $20,000.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• BGCMA PROPERTIES LLC

  RE HOLDING · GA · income $30,279 · assets $0

  Directly controlled by BGCMA