Friends Of The Boys & Girls Club Of Lynn Inc
- Assets
- $6.2m
- Revenue
- $35.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lynn, MA
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 84-1942296
Organization Overview
Friends Of The Boys & Girls Club Of Lynn Inc is located in Lynn, MA. The organization was established in 2019. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, 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. Friends Of The Boys & Girls Club Of Lynn 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, Friends Of The Boys & Girls Club Of Lynn Inc generated $35.0k in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACQUIRE, FINANCE AND DEVELOP PROPERTY TO SUPPORT THE MISSION OF THE BOYS & GIRLS CLUB OF LYNN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACQUIRE, FINANCE AND DEVELOP PROPERTY TO SUPPORT THE MISSION OF THE BOYS & GIRLS CLUB OF LYNN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberlee Powers Treasurer | OfficerTrustee | 2 | $0 |
Stephen Rima President | OfficerTrustee | 2 | $0 |
Sarah Bates Director | Trustee | 2 | $0 |
David Hegan Director | Trustee | 2 | $0 |
Scott Brogan Clerk | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,000 |
| Investment income | $32 |
| 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 | $35,032 |
| 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 | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,500 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $31,230 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $160,857 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $219,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $818 |
| Savings and temporary cash investments | $222,880 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,500 |
| 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 | $2,629 |
| Net Land, buildings, and equipment | $5,441,807 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $235,197 |
| Other assets | $205,224 |
| Total assets | $6,161,055 |
| Accounts payable and accrued expenses | $0 |
| 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 | $4,500,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $389,304 |
| Total liabilities | $4,889,304 |
| Net assets without donor restrictions | $1,271,751 |
| 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 | $6,161,055 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The American Friends Of Migdal Ohr New York, NY | $3,730,032 | $10,984,371 |
Oak Hill Foundation Inc Hartford, CT | $142,145,010 | $15,501,969 |
Wakeman Boys And Girls Club Corporation Fairfield, CT | $0 | $0 |
Big Brothers Big Sisters Of Long Island Donation Center Inc Islandia, NY | $6,798,757 | $4,499,904 |
Girl Effect Inc New York, NY | $8,038,131 | $10,243,411 |
Boy Scouts Of America Mohegan Lake, NY | $5,034,510 | $744,573 |
Boy Scouts Of America Mohegan Lake, NY | $3,955,009 | $347,240 |
Roca Pallin Youth Center Inc Chelsea, MA | $6,602,036 | $2,128,214 |
Boys & Girls Club Of Pawtucket Support Corporation Pawtucket, RI | $9,165,500 | -$74,151 |
Friends Of Amani Us Inc Concord, NH | $1,247,350 | $505,787 |
Skaneateles Recreational Charitable Tr Skaneateles, NY | $8,974,564 | $26,706 |
Boys Club Of Nashua Inc Charitable Foundation Nashua, NH | $6,530,364 | $510,154 |