Boys & Girls Club Of Nassau County Foundation Inc
- Assets
- $10.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Fernandina Beach, FL
- Founding
- 08/2001
- Data as of
- 06/2021
- EIN
- 59-3672345
Organization Overview
Boys & Girls Club Of Nassau County Foundation Inc is located in Fernandina Beach, FL. The organization was established in 2001. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys & Girls Club Of Nassau County Foundation 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 06/2021, Boys & Girls Club Of Nassau County Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 0.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE BOYS & GIRLS CLUBS' NASSAU COUNTY LOCATIONS. THE CLUBS PROVIDE YOUTH DEVELOPMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUCCESSFULLY RAISED 846,465 IN CONTRIBUTIONS THIS YEAR, WHICH WERE USED FOR CLUB SUPPORT AND TO FUND THE ENDOWMENT FOR FUTURE CLUB SUPPORT.
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 |
|---|---|---|---|
Nancy Carpenter Vice Preside | OfficerTrustee | 10 | $0 |
Ann Moser Vice-Preside | OfficerTrustee | 10 | $0 |
Steve Nadeau President | OfficerTrustee | 15 | $0 |
Bill Stash VP Finance | OfficerTrustee | 5 | $0 |
Van Dyke Walker Vice-Preside | OfficerTrustee | 10 | $0 |
Darryl Bellar Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $23,119 |
| Membership dues | $115,397 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $672,596 |
| Noncash contributions included in lines 1a–1f | $27,335 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $961,862 |
| Total Program Service Revenue | $0 |
| Investment income | $46,777 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $394,875 |
| Net Income from Fundraising Events | $121,368 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,524,882 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,294 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,523 |
| Fees for services: Other | $0 |
| Advertising and promotion | $425 |
| Office expenses | $21,790 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,783 |
| 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 | $155,790 |
| Insurance | $30,266 |
| All other expenses | $45,127 |
| Total functional expenses | $1,099,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,144,548 |
| Savings and temporary cash investments | $137,785 |
| Pledges and grants receivable | $234,013 |
| 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 | $99,000 |
| Net Land, buildings, and equipment | $4,179,716 |
| Investments—publicly traded securities | $3,416,497 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,496 |
| Total assets | $10,216,055 |
| Accounts payable and accrued expenses | $13,918 |
| 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 | $0 |
| Total liabilities | $13,918 |
| Net assets without donor restrictions | $6,551,627 |
| Net assets with donor restrictions | $3,650,510 |
| 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 | $10,216,055 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Boys & Girls Club Of Nassau County Foundation Inc has recieved totaling $139,458.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: GENERAL OPERATING | $25,000 |
Episcopal Childrens Services Inc Jacksonville, FL PURPOSE: COVID RELIEF | $22,500 |
United Way Of Northeast Florida Inc Jacksonville, FL PURPOSE: GREAT FUTURES | $21,320 |
Mclelland Family Foundation Villanova, PA PURPOSE: SUPPORT | $20,000 |
Gant Family Foundation Melville, NY PURPOSE: SEE STATEMENT #11 | $15,000 |
Jacksonville Jaguars Foundation Inc Jacksonville, FL PURPOSE: PLAY 60 | $13,000 |
Endowment Analysis
| Beg. Balance | $2,819,979 |
| Earnings | $736,470 |
| Admin Expense | $6,511 |
| Other Expense | $133,441 |
| Ending Balance | $3,416,497 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Clubs Of Metro Atlanta Inc Chamblee, GA | $73,032,085 | $27,276,380 |
Boys & Girls Clubs Of Central Florida Orlando, FL | $41,538,088 | $66,034,982 |
Boys And Girls Clubs Of Northeast Florida Inc Jacksonville, FL | $19,339,095 | $21,038,909 |
Boys & Girls Club Of Martin County Inc Hobe Sound, FL | $33,721,745 | $22,197,432 |
Boys And Girls Clubs Of Tampa Bay Inc Tampa, FL | $17,748,593 | $9,755,388 |
Boys & Girls Clubs Of Sarasota And Desoto Counties Inc Sarasota, FL | $24,486,139 | $10,286,700 |
Boys And Girls Club Of North Alabama Huntsville, AL | $8,005,907 | $10,583,177 |
Boys And Girls Clubs Of The Suncoast Inc Clearwater, FL | $3,543,242 | $5,813,838 |
Boys And Girls Clubs Of Miami-Dade Inc Miami, FL | $17,524,292 | $5,010,997 |
Boys And Girls Clubs Of The Emerald Coast Inc Fort Walton Beach, FL | $943,961 | $4,260,308 |
Boys And Girls Club Of North Central Florida Inc Perry, FL | $1,945,067 | $3,716,338 |
The Boys And Girls Clubs Of South Alabama Inc Mobile, AL | $6,667,983 | $4,100,536 |