Boys & Girls Clubs Of The Midlands
- Assets
- $49.2m
- Revenue
- $8.5m
- Investments
- $1.2m
- Employees
- 285
- Location
- Omaha, NE
- Founding
- 12/1963
- Data as of
- 12/2020
- EIN
- 47-0467350
Organization Overview
Boys & Girls Clubs Of The Midlands is located in Omaha, NE. The organization was established in 1963. 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, Boys & Girls Clubs Of The Midlands employed 285 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Clubs Of The Midlands 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 12/2020, Boys & Girls Clubs Of The Midlands generated $8.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $10.7m during the year ending 12/2020. While expenses have increased by 6.4% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB PROVIDES BEHAVIORAL GUIDANCE AND PROMOTES HEALTH, SOCIAL, EDUCATIONAL, VOCATIONAL AND CHARACTER DEVELOPMENT OF BOYS ANG GIRLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC NEEDS
READY TO LEARN
READY TO WORK
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Webb President/ceo | OfficerTrustee | 40 | $211,852 |
Tom Kunkel Chief Professional Officer | Officer | 40 | $146,664 |
Pauli Bishop CFO | Officer | 40 | $129,539 |
Elizabeth Donner Chief Development Officer | Officer | 40 | $112,150 |
Timothy Holland Chairman | OfficerTrustee | 5 | $0 |
Todd Engle Board Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $431,870 |
| Membership dues | $54,524 |
| Fundraising events | $1,043,453 |
| Related organizations | $0 |
| Government grants | $1,343,152 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,170,587 |
| Noncash contributions included in lines 1a–1f | $242,512 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,043,586 |
| Total Program Service Revenue | $0 |
| Investment income | $380,525 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,159 |
| Net Gain/Loss on Asset Sales | $95,804 |
| Net Income from Fundraising Events | -$13,452 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,527,677 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $737,965 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $636,365 |
| Compensation of current officers, directors, key employees. | $227,558 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,611,141 |
| Pension plan accruals and contributions | $118,501 |
| Other employee benefits | $534,858 |
| Payroll taxes | $399,729 |
| Fees for services: Management | $312,242 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $88,528 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $806,625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $495,024 |
| Travel | $165,794 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,530 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,567,063 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,680,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,100,279 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,007,405 |
| Accounts receivable, net | $0 |
| 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 | $166,723 |
| Net Land, buildings, and equipment | $10,852,496 |
| Investments—publicly traded securities | $19,001,034 |
| Investments—other securities | $1,163,980 |
| Investments—program-related | $0 |
| Intangible assets | $12,953,915 |
| Other assets | $0 |
| Total assets | $49,245,832 |
| Accounts payable and accrued expenses | $1,322,279 |
| Grants payable | $0 |
| Deferred revenue | $384,958 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $25,249 |
| 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 | $1,192,395 |
| Total liabilities | $2,924,881 |
| Net assets without donor restrictions | $29,871,285 |
| Net assets with donor restrictions | $16,449,666 |
| 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 | $49,245,832 |
Grants Recieved
Over the last fiscal year, we have identified 49 grants that Boys & Girls Clubs Of The Midlands has recieved totaling $4,075,889.
| Awarding Organization | Amount |
|---|---|
Robert B Daugherty Foundation Omaha, NE PURPOSE: CAPITAL PROJECT | $500,000 |
Robert B Daugherty Foundation Omaha, NE PURPOSE: PROGRAM SUPPORT | $436,000 |
United Way Of The Midlands Omaha, NE PURPOSE: CIRT Allocations | $400,000 |
Sherwood Foundation Omaha, NE PURPOSE: 2022 OPERATING GRANT | $250,000 |
Sherwood Foundation Omaha, NE PURPOSE: 2021 OPERATING GRANT | $250,000 |
Henry A Davis Foundation Omaha, NE PURPOSE: GENERAL FUND | $250,000 |
Endowment Analysis
| Beg. Balance | $15,801,851 |
| Earnings | $2,348,248 |
| Admin Expense | $88,378 |
| Net Contributions | $86,270 |
| Other Expense | $295,030 |
| Grants | $205,622 |
| Ending Balance | $17,647,339 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys And Girls Clubs Of Metro Denver Inc Denver, CO | $67,562,628 | $26,607,530 |
Boys Hope Girls Hope Bridgeton, MO | $45,305,566 | $13,311,510 |
Boys & Girls Clubs Of The Midlands Omaha, NE | $49,245,832 | $8,527,677 |
Boys Club Of Greater Kansas City Kansas City, MO | $19,659,774 | $10,387,938 |
Boys & Girls Club Of The Northern Plains Inc Brookings, SD | $67,975,086 | $5,252,316 |
Boys & Girls Club Of Lawrence Lawrence, KS | $8,547,571 | $5,122,865 |
Boys And Girls Clubs Of Larimer County Fort Collins, CO | $17,851,606 | $4,535,109 |
Boys & Girls Clubs Of Central Wyoming Casper, WY | $12,811,125 | $5,261,652 |
Boys & Girls Clubs Of Springfield Inc Springfield, MO | $10,339,273 | $3,838,449 |
Boys And Girls Club Of Topeka Topeka, KS | $10,116,689 | $3,854,789 |
Boys & Girls Clubs Of Pueblo County Pueblo, CO | $1,947,292 | $3,147,104 |
Boys And Girls Clubs Of West Central Missouri Sedalia, MO | $1,439,143 | $2,636,635 |