Nantucket Boys & Girls Club Inc

Organization Overview

Nantucket Boys & Girls Club Inc is located in Nantucket, MA. The organization was established in 1947. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Nantucket Boys & Girls Club Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nantucket Boys & Girls Club 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, Nantucket Boys & Girls Club Inc generated $3.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. 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 EMPOWER THE YOUTH OF NANTUCKET TO REALIZE THEIR FULL POTENTIAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NANTUCKET BOYS AND GIRLS CLUB PROVIDES EDUCATION, ARTS AND RECREATION, AND ATHLETIC PROGRAMS FOR OVER 1,000 CHILDREN ON NANTUCKET ISLAND, MASSACHUSETTS.


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Board, Officers & Key Employees

Name (title)Compensation
Eugene Assaf
Vice Chair
$0
John Brescher
Clerk
$0
Lucile W Hays
Chair Emerita
$0
Charles Geschke
Trustee Emeritus
$0
Lauren Marttila
Board Chair
$0
Kerry Tilton
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$146,764
Fundraising events$382,778
Related organizations$0
Government grants $438,472
All other contributions, gifts, grants, and similar amounts not included above$1,272,717
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,240,731
Total Program Service Revenue$304,649
Investment income $74,282
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $148,052
Net Gain/Loss on Asset Sales $60,816
Net Income from Fundraising Events $970,662
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,799,192

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Nantucket Boys & Girls Club Inc has recieved totaling $27,200.

Awarding OrganizationAmount
Bruce And Deborah Duncan Foundation

Naples, FL

PURPOSE: ANNUAL FUND

$20,000
Holt Family Foundation

Nantucket, MA

PURPOSE: CIVIC

$6,000
Aris And Marianne Mardirossian Charitable Foundation

Potomac, MD

PURPOSE: GENERAL SUPPORT

$1,000
Clara Foundation Inc

Siasconset, MA

PURPOSE: GENERAL & UNRESTRICTED

$200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$149,325
Ending Balance$149,325

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