BOYS & GIRLS CLUB OF GREATER SALEM INC

EIN: 026017326 501(c)(3) Youth Development

SALEM, NH

Total Revenue
$2,634,545
Total Expenses
$2,565,329
Total Assets
$4,845,374
Net Assets
$3,357,361
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
NH
Principal Officer
DAVID DEMERS
Phone
6038987709
Tax Period
2022-07-01 to 2023-06-30

BOYS & GIRLS CLUB OF GREATER SALEM INC, founded in 1965, is a community nonprofit in the Youth Development sector that reported $2.6M in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year.

Mission

TO PROMOTE GROWTH AND DEVELOPMENT OF BOYS AND GIRLS IN AND AROUND THE SALEM, NH AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $806,903
Program Service Revenue $1,135,309
Investment Income $96,829
Other Revenue $595,504
TOTAL REVENUE $2,634,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,639,363
Fundraising Expenses $114,732
Program Expenses $1,754,138
Other Expenses $925,966
TOTAL EXPENSES $2,565,329

Year-over-Year Comparison

2022 2021 Change
Revenue $2,634,545 $2,802,292 -0.1%
Expenses $2,565,329 $2,095,300 +0.2%
Net Income $69,216 $706,992 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
22
Independent Members
22
Employees
97
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCO ABREU CPO 40.00
Highest
$123,404 $0 $123,404
LEEAN BROOKS BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT CARRIER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL COMERFORD VP 1.00
Director
$0 $0 $0
ERIN DALEY BOARD MEMBER 1.00
Director
$0 $0 $0
TONY DELUCA BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID DEMERS CVO 1.00
Officer Director
$0 $0 $0
JIM DESJARDINS BOARD MEMBER 1.00
Officer Director
$0 $0 $0
KATHRYN FERGUSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOANNE FLYNN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK GROSS BOARD MEMBER 1.00
Director
$0 $0 $0
KATE HENNIGAR BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN HORGAN BOARD MEMBER 1.00
Officer Director
$0 $0 $0
STEVE KUREK BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC LEUTERITZ BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL LINDQUIST BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS NICOLI PAST CVO 1.00
Officer Director
$0 $0 $0
MATT NORCROSS BOARD MEMBER 1.00
Director
$0 $0 $0
MELANIE NORCROSS SECRETARY 1.00
Officer Director
$0 $0 $0
KERIANNE PEREIRA BOARD MEMBER 1.00
Director
$0 $0 $0
MARY REESE EXECUTIVBOAR 1.00
Director
$0 $0 $0
FRANK STORNIOLO TREASURER 1.00
Officer Director
$0 $0 $0
LISA WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,634,545 $2,565,329 $4,845,374 $69,216
2022 $2,802,292 $2,095,300 $4,495,498 $706,992
2021 $2,301,895 $1,885,986 $3,671,625 $415,909
2020 $1,764,406 $2,020,625 $3,298,869 $-256,219
2019 $2,511,873 $2,148,178 $3,457,895 $363,695
2018 $2,214,965 $2,068,643 $3,032,446 $146,322
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