Boys Club Of Wake County Inc
- Assets
- $8.1m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 161
- Location
- Raleigh, NC
- Founding
- 02/1967
- Data as of
- 12/2021
- EIN
- 56-0863051
Organization Overview
Boys Club Of Wake County Inc is located in Raleigh, NC. The organization was established in 1967. 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 Club Of Wake County Inc employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys Club Of Wake County 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 Club Of Wake County Inc generated $2.1m 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 (15.6%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Boys Club Of Wake County Inc has awarded 209 individual grants totaling $14,543,773. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL AND GROUP ADJUSTMENT: WE OPERATE 7 CLUBS ACROSS WAKE COUNTYTO PROVIDE A SAFE PLACE FOR SCHOOL-AGED YOUTH TO LEARN AND GROW.THIS SERVICE INCLUDES PROGRAMS INTENDED TO INSTILL GOOD CHARACTER AND CITIZENSHIP AND TO PROMOTE HEALTHY LIFESTYLES.PROGRAMS LIKE YOUTH OF THE YEAR, YOUTH FOR UNITY, KIDS VOTING, ANDKEYSTONE AND TORCH LEADERSHIP CLUBS HELP YOUTH BUILD A SENSE OFCONNECTION WITH THEIR COMMUNITY AND BUILD LEADERSHIP SKILLS.PROGRAMS LIKE HEALTHY HABITS, AND SMART MOVES DRUG RESISTANCETRAINING, AND HEALTHY PLACES/ACTIVE SPACES GIVE KIDS A POSITIVEOUTLET FOR FUN, CONSTRUCTIVE ACTIVITIES WHILE BUILDING HEALTHYFOUNDATIONS THAT WILL FOLLOW THEM FOR THE REST OF THEIR LIVES.3,386 YOUTH ARE CLUB MEMBERS, 502 ATTEND EACH SCHOOL DAY, AND 662ATTEND DURING THE SUMMER.
EDUCATIONAL OPPORTUNITIES: THIS SERVICE HELPS YOUTH EXPLORE THEIRINTERESTS, BUILD FUNDAMENTAL SKILLS AND THINK ABOUT CONTINUINGEDUCATION BEYOND HIGH SCHOOL. PROGRAMS SUCH AS POWER HOUR, ACOLLABORATIVE STEM INITIATIVE, THE ARTS, AND TARGETED LITERACYEDUCATION HELP CHILDREN EXCEL IN THE CLASSROOM AND PREVENT SUMMERLEARNING LOSS DURING OUT-OF-SCHOOL TIME. MORE THAN 1,500 CLUBMEMBERS PARTICIPATE IN SPECIALIZED LEARNING PROGRAMS DURING THEYEAR.
DAY CAMP: CAMP BTI IS A 162 ACRE OUTDOOR RECREATION CAMP THATPROVIDES HUNDREDS OF CLUB MEMBERS THE OPPORTUNITY TO EXPERIENCETRADITIONAL SUMMER CAMP ACTIVITIES SUCH AS SWIMMING, FISHING,ARCHERY, CANOEING, HIKING AND OTHER OUTDOOR ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph E Capps President/ceo | Officer | 40 | $174,200 |
Hugh A Mclean VP Of Operations | 40 | $138,258 | |
Mark Lee Vice Chair | OfficerTrustee | 2 | $0 |
Ms Brick Brown III Chair | OfficerTrustee | 2 | $0 |
M Nicholas Cox Treasurer | OfficerTrustee | 2 | $0 |
Richard A Urquhart III Past Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $58,259 |
| Membership dues | $0 |
| Fundraising events | $155,434 |
| Related organizations | $168,900 |
| Government grants | $409,923 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,237,784 |
| Noncash contributions included in lines 1a–1f | $12,650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,030,300 |
| Total Program Service Revenue | $37,088 |
| Investment income | $1,024 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$163 |
| Net Income from Fundraising Events | -$157 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,142,063 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $108,000 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,736 |
| Compensation of current officers, directors, key employees. | $15,260 |
| Compensation to disqualified persons | $1,012,340 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $52,539 |
| Other employee benefits | $107,042 |
| Payroll taxes | $76,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,636 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $148,686 |
| Information technology | $45,028 |
| Royalties | $0 |
| Occupancy | $126,128 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $210,229 |
| Insurance | $29,998 |
| All other expenses | $41,505 |
| Total functional expenses | $2,209,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,214 |
| Savings and temporary cash investments | $2,279,852 |
| Pledges and grants receivable | $701,993 |
| 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 | $2,387 |
| Net Land, buildings, and equipment | $4,772,968 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,116,414 |
| Accounts payable and accrued expenses | $128,437 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $37,070 |
| Total liabilities | $165,507 |
| Net assets without donor restrictions | $5,590,733 |
| Net assets with donor restrictions | $2,360,174 |
| 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 | $8,116,414 |
Grants Awarded
Over the last fiscal year, Boys Club Of Wake County Inc has awarded $2,727,849 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: SEE PART IV | $597,205 |
PURPOSE: SEE PART IV | $326,185 |
Raleigh, NC PURPOSE: CAPITAL CAMPAIGN DONATIONS TRANSFERRED TO FOUNDATION | $200,000 |
Wilmington, NC PURPOSE: SEE PART IV | $163,565 |
BOYS & GIRLS CLUB OF CABARRUS COUNTY INC PURPOSE: SEE PART IV | $122,491 |
Oxford, NC PURPOSE: SEE PART IV | $106,785 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Boys Club Of Wake County Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Dameron Foundation Raleigh, NC PURPOSE: CHARITY | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Clubs Of The Central Savannah River Area Inc Augusta, GA | $16,646,354 | $6,633,080 |
Boys & Girls Club Of Southeast Georgia Inc Brunswick, GA | $13,254,884 | $5,064,303 |
Boys And Girls Clubs Of The Chattahoochee Valley Inc Columbus, GA | $13,669,871 | $5,776,155 |
Brigade Boys & Girls Club Inc Wilmington, NC | $3,471,913 | $2,586,418 |
Boys And Girls Clubs Of Chattanooga Chattanooga, TN | $5,757,075 | $2,694,014 |
Boys And Girls Clubs Of The Pee Dee Area Inc Florence, SC | $2,591,630 | $2,428,004 |
Boys Club Of Wake County Inc Raleigh, NC | $8,116,414 | $2,142,063 |
Boys & Girls Clubs Of Northwest Georgia Inc Rome, GA | $2,345,559 | $1,854,217 |
Frank Callen Boys And Girls Club Inc Savannah, GA | $944,787 | $1,612,857 |
Elizabethton Boys & Girls Club Elizabethton, TN | $1,086,081 | $1,555,414 |
Boys & Girls Club Of Greater Kingsport Inc Kingsport, TN | $5,550,644 | $878,484 |
Southside Boys And Girls Club Inc Norfolk, VA | $1,600,830 | $1,075,537 |