Skip to content
Nonprofiteer
← BOYS & GIRLS CLUBS OF GREATER MEMPHIS

Form 990 for tax year 2023

Filed by BOYS & GIRLS CLUBS OF GREATER MEMPHIS.

Totals

Total revenue
$8,682,846
Total expenses
$7,049,599
Contributions and grants received
$7,495,326
Grants paid
$0
Program service revenue
$0
Investment income
$889,867
Other revenue
$297,653
Total assets, end of year
$26,290,567
Total liabilities, end of year
$7,343,735
Net assets or fund balances, end of year
$18,946,832
Program services expenses (Part IX)
$6,206,370
Management and general expenses
$666,773
Fundraising expenses
$176,456
Program service expenses (Part III)
$6,206,370

Program services were 88.0% 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.

  • 1a · Federated campaigns

    $201,341

  • 1b · Membership dues

    $44,197

  • 1c · Fundraising events

    $33,710

  • 1e · Government grants (contributions)

    $4,752,726

  • 1f · All other contributions, gifts and grants

    $2,463,352

  • 1g · Noncash contributions included above

    $57,529

  • 3 · Investment income

    total $434,182 · excluded $434,182

  • 7a · Gross sales of assets other than inventory

    securities $4,800,141

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

    securities $4,344,456

  • 7c · Gain or loss

    securities $455,685

  • 7d · Net gain or loss

    total $455,685 · excluded $455,685

  • 8a · Fundraising events: gross income

    $357,668

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

    $33,710

  • 8b · Fundraising events: direct expenses

    $60,015

  • 8c · Net income from fundraising events

    total $297,653 · excluded $297,653

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $265,185 · program services $200,914 · management and general $51,416 · fundraising $12,855

  • 7 · Other salaries and wages

    total $3,607,207 · program services $3,129,343 · management and general $374,547 · fundraising $103,317

  • 8 · Pension plan contributions

    total $562,413 · program services $483,676 · management and general $61,865 · fundraising $16,872

  • 10 · Payroll taxes

    total $287,422 · program services $247,183 · management and general $31,616 · fundraising $8,623

  • 11c · Fees: accounting

    total $43,154 · program services $32,365 · management and general $8,631 · fundraising $2,158

  • 11f · Fees: investment management

    total $80,654 · program services $80,654

  • 13 · Office expenses

    total $17,510 · program services $15,059 · management and general $1,926 · fundraising $525

  • 16 · Occupancy

    total $131,724 · program services $110,403 · management and general $29,317 · fundraising -$7,996

  • 17 · Travel

    total $25,390 · program services $17,773 · management and general $5,078 · fundraising $2,539

  • 20 · Interest

    total $104,267 · program services $104,267

  • 22 · Depreciation, depletion and amortization

    total $407,206 · program services $350,197 · management and general $44,793 · fundraising $12,216

  • 23 · Insurance

    total $178,390 · program services $153,415 · management and general $19,623 · fundraising $5,352

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $650,000 · program services $650,000

  • 24b · Other expenses: CONTRACT SERVICES

    total $268,284 · program services $224,683 · management and general $34,258 · fundraising $9,343

  • 24c · Other expenses: UTILITIES

    total $165,626 · program services $142,438 · management and general $18,219 · fundraising $4,969

  • 24d · Other expenses: WORK INCENTIVE

    total $87,248 · program services $87,248

  • 24e · All other expenses

    total $167,919 · program services $176,752 · management and general -$14,516 · fundraising $5,683

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,988,874 · end of year $5,457,238

  • 3 · Pledges and grants receivable

    beginning of year $119,500 · end of year $1,158,853

  • 4 · Accounts receivable

    beginning of year $2,438 · end of year $2,338

  • 9 · Prepaid expenses and deferred charges

    beginning of year $45,000 · end of year $60,345

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

    $14,187,302

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

    $9,187,527

  • 10c · Land, buildings and equipment, net

    beginning of year $4,927,241 · end of year $4,999,775

  • 11 · Investments: publicly traded securities

    beginning of year $11,038,255 · end of year $12,364,605

  • 12 · Investments: other securities

    beginning of year $1,548,347 · end of year $1,714,632

  • 15 · Other assets

    beginning of year $247,859 · end of year $532,781

  • 17 · Accounts payable and accrued expenses

    beginning of year $301,772 · end of year $355,623

  • 19 · Deferred revenue

    beginning of year $1,797,395 · end of year $4,022,956

  • 23 · Secured mortgages and notes payable

    beginning of year $3,343,816 · end of year $2,965,156

  • 27 · Net assets without donor restrictions

    beginning of year $12,607,272 · end of year $15,893,206

  • 28 · Net assets with donor restrictions

    beginning of year $2,867,259 · end of year $3,053,626

Mission and programs · 2023

Mission

TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE FROM DISADVANTAGED CIRCUMSTANCES, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.

Activities or mission (Part I)

THE ORGANIZATION OPERATES A COMPREHENSIVE ACTIVITY PROGRAM FOR BOYS AND GIRLS IN MEMPHIS, TN.

  • MAINTAINING FACILITIES AND ADMINISTERING VARIOUS PROGRAMS FOR THE BENEFIT OF LOCAL BOYS AND GIRLS' CLUB MEMBERS. THE NUMBER OF BOYS AND GIRLS SERVED IN 2023 WAS APPROXIMATELY 6500.

    Expenses $6,206,370

As filed on the 2023 return.

Listed in Part VII

  • BEN C ADAMS JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAULO TEIXEIRA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CAROLINE DOHERTY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL E KEENEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL D GARRIGA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CHANCE DYE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PHILLIP STEVENSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FLORENCE JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TAMMY LOCASCIO

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RUBY HANCOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR BIANCA SWEETEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM J COCHRAN SR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FRAN MCRAE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANNE WULFF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOE TOMEK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RACHEL REDDIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEVE STOLL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAIEA KALLILI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEITH BLANCHARD

    CEO

    Total calculated
    $174,326
    From this org
    $170,965
    From related orgs
    $0
    Other
    $3,361
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,965
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $3,361
    Filer's total
    $174,326

  • GARY MOORE

    CFO

    Total calculated
    $98,065
    From this org
    $91,351
    From related orgs
    $0
    Other
    $6,714
    Hours/week
    40

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

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Written employment contract
  • 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

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
25 October 2024
IRS schema version
2023v5.1
Source object
202433099349301568

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.