BOYS & GIRLS CLUB OF GREATER SALEM INC (EIN 042104912) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1869

Legal Domicile

Principal Officer

SUE GABRIEL

Phone

9787440915

Tax Period

2023-10-01 to 2024-09-30

BOYS & GIRLS CLUB OF GREATER SALEM INC, founded in 1869, is a community nonprofit in the Recreation & Sports sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.4M left a modest 9% surplus.

Mission

The Boys & Girls Club of Greater Salem engages a Formula for Impact that ensures that success is within reach of every young person who walks through our doors. The goal is for all members to be promoted from one grade to the next, and on track to graduate from high school, with a plan for the future, demonstrating good character and citizenship, and living a healthy lifestyle. This Formula is our road map for ensuring that young people have a positive, impactful Club experience and, ultimately, achieve the important outcomes that lead them to great futures. It is accomplished by employing caring adult professionals, using nationally tested, evidence-based programs and understanding that we are Powered by the Community. The Boys & Girls Club exists to serve our great community, and our passion for our work is driven by our core values that form the foundation for all we do. We exist to: Enhance Youth Self Esteem and Confidence Build Usable Skills Serve All Kids Provide a Safe, Fun Environment Provide Quality, Well-Designed Programs for Kids In order to do this effectively, we are committed to always considering what is best for our kids, first and foremost. We work hard to ensure that the Club is safe, affordable, inclusive and respectful of diversity, and that we always set high expectations for our kids.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $921,388

Program Service Revenue $362,781

Investment Income $75,928

Other Revenue $154,544

TOTAL REVENUE $1,514,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $918,054

Fundraising Expenses $144,075

Program Expenses $883,040

Other Expenses $457,056

TOTAL EXPENSES $1,375,110

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,514,641	$1,381,774	+0.1%
Expenses	$1,375,110	$1,430,195	0.0%
Net Income	$139,531	$-48,421	-3.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN ULBRICH	PRESIDENT	2.00	Officer Director	$0	$0	$0
IAN MERRY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DANIEL G SULLIVAN	TREASURER	2.00	Officer Director	$0	$0	$0
WENDY DAVISON	SECRETARY	2.00	Officer Director	$0	$0	$0
VICTORIA ARZOLA	BOARD MEMBER	1.00	Director	$0	$0	$0
DOMINGO DOMINGUEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT GROVER	BOARD MEMBER	1.00	Director	$0	$0	$0
PEDRO FABRE	BOARD MEMBER	1.00	Director	$0	$0	$0
ED CAMPANELLA	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY MANNING	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHLEEN HEYER	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK SILVA	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER OSTBERG AS OF 624	BOARD MEMBER	1.00	Director	$0	$0	$0
EMRAN BAQUI AS OF 1023	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANE SMITH UNTIL 1023	BOARD MEMBER	1.00	Director	$0	$0	$0
JOANNE SCOTT	EXECUTIVE DIRECTOR	40.00	Officer	$100,000	$0	$100,000

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
2024	$1,514,641	$1,375,110	$1,674,656	$139,531
2023	$1,381,774	$1,430,195	$1,540,257	$-48,421
2022	$1,679,050	$1,126,896	$1,512,610	$552,154
2021	$798,491	$758,404	$1,084,707	$40,087
2020	$809,560	$921,974	$855,496	$-112,414
2019	$1,182,880	$1,258,314	$670,237	$-75,434
2018	$1,137,732	$1,151,648	$713,013	$-13,916

BOYS & GIRLS CLUB OF GREATER SALEM INC