Boys & Girls Clubs Of The Midlands
- Assets
- $2.4m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 268
- Location
- Columbia, SC
- Founding
- 05/2019
- Data as of
- 06/2022
- EIN
- 83-1404647
Organization Overview
Boys & Girls Clubs Of The Midlands is located in Columbia, SC. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Boys & Girls Clubs Of The Midlands employed 268 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 06/2022, Boys & Girls Clubs Of The Midlands generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $5.4m during the year ending 06/2022. While expenses have increased by 21.7% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US THE MOST TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS CLUBS IN CORE PROGRAM AREAS IN THE GREATER COLUMBIA METROPOLITAN AND SURROUNDING AREAS WHICH PROVIDE PHYSICAL, SOCIAL, EDUCATIONAL, VOCATIONAL, AND CHARACTER DEVELOPMENT FOR BOYS AND GIRLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Thames Executive Dir. | Officer | 40 | $85,841 |
Brian Bobenage Vice Chair | Officer | 1 | $0 |
William Michael Myers Treasurer | Officer | 1 | $0 |
Elisabeth M Kovacs Chairman | Officer | 1 | $0 |
Joe Johnson Director | Trustee | 1 | $0 |
Jonathan Gasser Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $83,852 |
| All other contributions, gifts, grants, and similar amounts not included above | $521,170 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $605,022 |
| Total Program Service Revenue | $5,327,878 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,933,397 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,511,712 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $126,443 |
| Payroll taxes | $204,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,011 |
| Advertising and promotion | $18,640 |
| Office expenses | $0 |
| Information technology | $23,197 |
| Royalties | $0 |
| Occupancy | $671,473 |
| Travel | $78,075 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $833 |
| Interest | $13,109 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,397 |
| Insurance | $47,622 |
| All other expenses | $42,744 |
| Total functional expenses | $5,351,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $783,871 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,259,045 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $292,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,799 |
| Net Land, buildings, and equipment | $56,124 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,396,839 |
| Accounts payable and accrued expenses | $207,627 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $91,224 |
| Total liabilities | $448,851 |
| Net assets without donor restrictions | $1,947,988 |
| Net assets with donor restrictions | $0 |
| 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 | $2,396,839 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Boys & Girls Clubs Of The Midlands has recieved totaling $78,514.
| Awarding Organization | Amount |
|---|---|
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: CAREER LAUNCH | $15,000 |
Lipscomb Family Foundation Denver, CO PURPOSE: OPERATIONAL SUPPORT | $12,000 |
Norman J And Gerry Sue Arnold Foundation Columbia, SC PURPOSE: SUPPORT AND FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION. | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Deloache Family Foundation Mount Pleasant, SC PURPOSE: GENERAL USE | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Piedmont Triad Charitable Foundation Greensboro, NC | $5,589,144 | $15,418,213 |
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Boys & Girls Clubs Of The Midlands Columbia, SC | $2,396,839 | $5,933,397 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Ncf Carolinas Inc Charlotte, NC | $1,465,195 | $1,454,572 |
Highlands Festivals Inc Highlands, NC | $326,105 | $1,750,969 |
Fearless Foundation Atlanta, GA | $1,132,374 | $1,879,003 |
Allied Churches Of Alamance County Inc Burlington, NC | $1,257,075 | $884,626 |
Force Blue Inc Mount Pleasant, SC | $619,681 | $797,933 |
Flint Energies Foundation Inc Reynolds, GA | $1,510,696 | $1,010,080 |