Boys And Girls Club Of Laredo Inc is located in Laredo, TX. The organization was established in 1941. 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 12/2022, Boys And Girls Club Of Laredo Inc employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys And Girls Club Of Laredo 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 12/2022, Boys And Girls Club Of Laredo Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. 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 INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE FROM DISADVANTAGED CIRCUMSTANCES, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDED BASKETBALL, FOOTBALL, TRACK, AND VOLLEYBALL LEAGUES FOR CHILDREN DURING THE YEAR. RECREATIONAL PROGRAMS WERE OPEN AND SUPERVISED ALL YEAR.
THE CLUB OFFERED ARTS & CRAFTS CLASSES AND INDUSTRIAL ARTS CLASSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hector J Noyola Executive Dir. | OfficerTrustee | 40 | $35,233 |
Wilfredo Martinez Jr Past President | OfficerTrustee | 1 | $0 |
Andrew Carranco President | OfficerTrustee | 1 | $0 |
Robert Carranco Board Member | Trustee | 1 | $0 |
George Beckelhymer 1st VP | OfficerTrustee | 1 | $0 |
Joey Tellez Jr 2nd VP | OfficerTrustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $62,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $568,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $630,870 |
| Total Program Service Revenue | $340,383 |
| Investment income | $34,367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $114,958 |
| Net Rental Income | $9,841 |
| Net Gain/Loss on Asset Sales | $100,413 |
| Net Income from Fundraising Events | $329,231 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,560,063 |
| 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. | $42,785 |
| Compensation of current officers, directors, key employees. | $42,785 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $508,789 |
| Pension plan accruals and contributions | $39,557 |
| Other employee benefits | $87,378 |
| Payroll taxes | $63,681 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,000 |
| Advertising and promotion | $29,733 |
| Office expenses | $26,075 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $315,210 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,297 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,418 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,385,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,836,905 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $5,697 |
| Net Land, buildings, and equipment | $879,786 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,722,388 |
| Accounts payable and accrued expenses | $51,977 |
| Grants payable | $0 |
| Deferred revenue | $16,000 |
| 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 | $67,977 |
| Net assets without donor restrictions | $2,208,380 |
| Net assets with donor restrictions | $446,031 |
| 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 | $2,722,388 |