Oneonta Boys Club Inc

The information for Oneonta Boys Club Inc is as of the organization's most recent filing in July '22. This organization is located in Oneonta, NY. It has been in existence for 55 years, following its founding in 1967.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Oneonta Boys Club Inc's NTEE code is O21. The "O" tells us that the organization is classified as a Boys Club within the Youth Development category. The "21" indicates that the organization specifically provides a wide range of supervised activities and delinquency prevention services for children and youth, particularly disadvantaged youth, with the objective of building character and developing leadership and social skills among participants. The organization is also governed by section 3 of the Internal Revenue Code, which includes organizations engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work. The mission of the Oneonta Boys Club Inc is to promote the health, social, educational, vocational, and character development of boys and girls.

Program Areas

The club provides a wide range of recreational activities at no cost to area boys and girls. Within the general fund, the organization reports all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

Oneonta Boys Club Inc is run by Jennifer O'Donnell, who is the Executive Director. The organization has 26 employees, none of whom are paid over $100k per year. Supporting the paid staff are 60 volunteers.

Board Governance

The Oneonta Boys Club Inc appears to be well-governed based on the provided information. With a total of 9 voting members, the organization has a sufficient number of individuals involved in decision-making processes. The fact that 8 of these members are independent further strengthens the organization's governance structure, as it ensures a diverse range of perspectives and minimizes potential conflicts of interest. The presence of a conflict of interest policy indicates that the organization is proactive in addressing and managing any potential conflicts that may arise among its members. The requirement for disclosure of conflicts further demonstrates the organization's commitment to transparency and accountability. The organization's commitment to documenting both board and committee meetings is another positive indicator of good governance. This practice ensures that decisions and discussions are well-documented and can be referred to in the future, promoting transparency and accountability within the organization. The presence of a whistleblower policy indicates that the organization encourages and protects individuals who report any wrongdoing or unethical behavior. This policy helps to foster a culture of integrity and accountability within the organization. However, it is worth noting that the organization does not have a document retention policy, which may be an area for improvement. A document retention policy would outline the organization's guidelines for retaining and disposing of important records, ensuring compliance with legal requirements and facilitating effective record-keeping. Overall, the Oneonta Boys Club Inc appears to have a strong governance structure in place, with policies and practices that promote transparency, accountability, and ethical conduct.

Organization Growth

The Oneonta Boys Club Inc nonprofit organization has experienced both growth and decline over the given time period. Contributions & Grants received decreased from $119.1K in 2014 to $38.9K in 2021. Program Service Revenue also decreased from $71.5K in 2014 to $66.6K in 2021. However, Investment Income increased significantly from $534.5K in 2014 to $2.3M in 2021. Other Revenue also decreased from $5.1K in 2014 to $1.8K in 2021. Total Revenue, on the other hand, increased from $730.2K in 2014 to $2.4M in 2021. Employee Salaries increased from $361.6K in 2014 to $483.4K in 2021. Total Expenses also increased from $728.2K in 2014 to $1.0M in 2021. The organization saw an increase in the number of employees from 22 in 2014 to 26 in 2021, while the number of volunteers remained the same at 60 throughout the time period. Overall, while some areas experienced growth, such as investment income and total revenue, others saw declines, such as contributions & grants and program service revenue.