Madison Square Boys & Girls Club Foundation Inc
- Assets
- $637.7k
- Revenue
- $6.6m
- Investments
- $113.4k
- Employees
- 8
- Location
- New York, NY
- Founding
- Data as of
- 09/2023
- EIN
- 85-4129850
Organization Overview
Madison Square Boys & Girls Club Foundation Inc is located in New York, NY. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. As of 09/2023, Madison Square Boys & Girls Club Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Square Boys & Girls Club 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 09/2023, Madison Square Boys & Girls Club Foundation Inc generated $6.6m in total revenue. All expenses for the organization totaled $7.0m during the year ending 09/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MADISON SQUARE BOYS AND GIRLS CLUB FOUNDATION'S SOLE PURPOSE IS TO RAISE FUNDS TO SUPPORT THE MISSION OF MADISON SQUARE BOYS AND GIRLS CLUB, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR MADISON SQUARE BOYS AND GIRLS CLUB, INC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Chairperson | OfficerTrustee | 1 | $0 |
Name Not Listed Board Secretary And Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Executive Director | Officer | 35 | $195,554 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,856,004 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,358,081 |
| Noncash contributions included in lines 1a–1f | $399,084 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,214,085 |
| Total Program Service Revenue | $0 |
| Investment income | $6,256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,681 |
| Net Income from Fundraising Events | -$610,039 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,608,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,505,000 |
| 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. | $242,984 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $442,412 |
| Pension plan accruals and contributions | $42,566 |
| Other employee benefits | $48,388 |
| Payroll taxes | $46,655 |
| Fees for services: Management | $313,600 |
| Fees for services: Legal | $42,948 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $162,222 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $91,812 |
| Office expenses | $21,388 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $667 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,687 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,981,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,580 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $175,401 |
| 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 | $190,255 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $113,423 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $637,659 |
| Accounts payable and accrued expenses | $107,051 |
| Grants payable | $0 |
| Deferred revenue | $33,325 |
| 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 | $140,376 |
| Net assets without donor restrictions | $383,861 |
| Net assets with donor restrictions | $113,422 |
| 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 | $637,659 |