Boys & Girls Club Of Stamford Inc
- Assets
- $14.2m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 95
- Location
- Stamford, CT
- Founding
- 01/1954
- Data as of
- 06/2022
- EIN
- 06-0646911
Organization Overview
Boys & Girls Club Of Stamford Inc is located in Stamford, CT. The organization was established in 1954. 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 06/2022, Boys & Girls Club Of Stamford Inc employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Stamford 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 06/2022, Boys & Girls Club Of Stamford Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. While expenses have increased by 6.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AND WORK WITH YOUTHS FROM DISADVANTAGED CIRCUMSTANCES HELPING THEM TO RECOGNIZE AND ACHIEVE THEIR POTENTIAL FOR GROWTH AND DEVELOPMENT AND TO ACQUIRE SKILLS NECESSARY FOR LIVING IN A COMPLEX PLURALISTIC SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTERSCHOOL-SERVES BOYS AND GIRLS GRADES K THROUGH 8 MON-FRI THERE ARE 15 DIFFERENT SCHOOLS IN THE PROGRAM, ACTIVITIES INCLUDE LEARNING CENTER, COMPUTER LAB, ART, MUSIC, READING, TABLE BOARD GAMES AND SPORTS.
SUMMER CAMP-SERVES BOYS AND GIRLS GRADES K THROUGH 8 MON-FRI 8AM TO 5PM. ACTIVITIES LEARNING CENTER, COMPUTER LAB, ART, MUSIC, READING, TABLE AND BOARD GAMES FIELD TRIPS AND SPORTS.
TEEN PROGRAMS - PROVIDE OPPORTUNITIES FOR TEENS TO EXPLORE CAREERS, COLLEGE AND VOCATIONAL INTEREST WHILE USING VALUE CLASSIFICATIONS AND CAREER DEVELOPMENT INITIATIVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Zeitlin Past President | OfficerTrustee | 1 | $0 |
Karyn Ward Board President | OfficerTrustee | 1 | $0 |
Fanny Ferreira Board Secretary | OfficerTrustee | 1 | $0 |
Joseph Zeni Board Treasurer | OfficerTrustee | 1 | $0 |
Gayle Alswanger Director | Trustee | 1 | $0 |
Matthew Blumenthal Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $57,290 |
| Fundraising events | $666,054 |
| Related organizations | $0 |
| Government grants | $1,188,633 |
| All other contributions, gifts, grants, and similar amounts not included above | $955,189 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,867,166 |
| Total Program Service Revenue | $159,922 |
| Investment income | $43,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $304,324 |
| Net Gain/Loss on Asset Sales | $41,157 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,416,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $233,326 |
| Compensation of current officers, directors, key employees. | $81,664 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,808,035 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $252,732 |
| Payroll taxes | $166,251 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,519 |
| Fees for services: Other | $98,891 |
| Advertising and promotion | $54,607 |
| Office expenses | $95,859 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $270,739 |
| Travel | $5,931 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,410 |
| Interest | $17,352 |
| Payments to affiliates | $12,754 |
| Depreciation, depletion, and amortization | $369,013 |
| Insurance | $89,354 |
| All other expenses | $14,613 |
| Total functional expenses | $3,852,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,098,576 |
| Savings and temporary cash investments | $198,853 |
| Pledges and grants receivable | $199,425 |
| Accounts receivable, net | $54,572 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $50,389 |
| Net Land, buildings, and equipment | $5,535,117 |
| Investments—publicly traded securities | $1,796,713 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,275,278 |
| Total assets | $14,208,923 |
| Accounts payable and accrued expenses | $328,001 |
| Grants payable | $0 |
| Deferred revenue | $263,083 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,460,001 |
| Total liabilities | $6,051,085 |
| Net assets without donor restrictions | $697,492 |
| Net assets with donor restrictions | $7,460,346 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,208,923 |