Boys & Girls Club Of Greater Lowell Inc

Organization Overview

Boys & Girls Club Of Greater Lowell Inc is located in Lowell, MA. The organization was established in 1954. According to its NTEE Classification (O21) the organization is classified as: Boys Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Boys & Girls Club Of Greater Lowell Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Greater Lowell Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Boys & Girls Club Of Greater Lowell Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE AND ENABLE YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AFTER SCHOOL AND FULL-TIME SUMMER PROGRAMS WHOSE PRIMARY FOCUS IS TO HELP ACHIEVE SUCCESS IN THE FOLLOWING IMPACT AREAS: ACADEMIC SUCCESS, HEALTHY LIFSTYLES AND GOOD CHARACTER AND CITIZENSHIP. PROGRAM AREAS INCLUDE FITNESS, ARTS, TECHNOLOGY, EDUCATION AND A DAILY MEALS PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph C Hungler
Executive Di
$113,360
Brian Chapman
Trustee Chai
$0
Paul Defronzo
Treasurer
$0
Justine Defronzo
Immediate Pa
$0
Thomas Hammond
Board Chair
$0
Kristyn Mckenna
Clerk
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$25,890
Fundraising events$338,803
Related organizations$0
Government grants $875,138
All other contributions, gifts, grants, and similar amounts not included above$4,397,609
Noncash contributions included in lines 1a–1f $81,893
Total Revenue from Contributions, Gifts, Grants & Similar$5,637,440
Total Program Service Revenue$3,800
Investment income $12,597
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $90,448
Net Income from Fundraising Events -$115,215
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,629,070

Grants Recieved

Over the last fiscal year, we have identified 34 grants that Boys & Girls Club Of Greater Lowell Inc has recieved totaling $1,766,341.

Awarding OrganizationAmount
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$300,000
Amelia Peabody Foundation

Wellesley, MA

PURPOSE: OPERATIONS

$275,000
Wellington Management Foundation

Boston, MA

PURPOSE: See Part IV

$150,000
Greater Lowell Community Foundation Inc

Lowell, MA

PURPOSE: GENERAL SUPPORT

$133,500
Boys & Girls Clubs Of America

Atlanta, GA

PURPOSE: Support BGCA Program

$109,026
Amelia Peabody Charitable Fund Trs

Boston, MA

PURPOSE: CAPITAL

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,867,790
Earnings$111,198
Net Contributions$28,500
Other Expense-$6,766
Ending Balance$2,000,722

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