Madison Square Boys & Girls Club

EIN: 135596792 501(c)(3) Youth Development

New York, NY

Total Revenue
$24,400,202
Total Expenses
$11,130,428
Total Assets
$75,206,388
Net Assets
$60,922,616
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NY
Phone
2127609600
Tax Period
2023-10-01 to 2024-09-30

Madison Square Boys & Girls Club, founded in 1946, is a mid-sized nonprofit in the Youth Development sector that reported $24.4M in total revenue in fiscal year 2023. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.3M, a strong 54% operating margin.

Mission

To save and enhance the lives of NYC boys and girls who by means of economic and/or social factors are most in need of its services.

Program Service Accomplishments

Program 1
Expenses: $3,208,354 Revenue: $10

ACADEMIC SUCCESS PROGRAMS: ENSURE THAT OUR MEMBERS HAVE THE SUPPORT THEY NEED TO SUCCEED THROUGHOUT THEIR ACADEMIC LIFE AND GRADUATE FROM HIGH SCHOOL READY TO PURSUE COLLEGE OR A CAREER. MADISON...

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ACADEMIC SUCCESS PROGRAMS: ENSURE THAT OUR MEMBERS HAVE THE SUPPORT THEY NEED TO SUCCEED THROUGHOUT THEIR ACADEMIC LIFE AND GRADUATE FROM HIGH SCHOOL READY TO PURSUE COLLEGE OR A CAREER. MADISON PROVIDES HOMEWORK HELP AND ACADEMIC ENRICHMENT, MENTORS YOUNG PEOPLE WHO ARE AT RISK FOR DROPPING OUT OF SCHOOL, OFFERS RESOURCESSO MEMBERS CAN BUILD THEIR COMPUTER AND TECHNOLOGY SKILLS, AND GUIDES MEMBERS TO EXPLORE POTENTIAL CAREERS AND NAVIGATE THE COLLEGE APPLICATION PROCESS. MADISON ALSO OFFERS A 7-WEEK SUMMER LEARNING PROGRAM FOR ELEMENTARY AND MIDDLE-SCHOOL YOUTH. IN 2024, 58 ELEMENTARY AND 69 MIDDLE SCHOOL STUDENTS PARTICIPATED IN PROGRAMMING 3 OR MORE TIMES PER WEEK. 184 ELEMENTARY AND 175 MIDDLE SCHOOL STUDENTS PARTICIPATED IN THE SUMMER LEARNING PROGRAM, 508 TEENS AND YOUNG ADULTS WERE PLACED IN WORK-BASED LEARNING EXPERIENCES OR INTERNSHIPS OVER THE SUMMER, 32 ALUMNI PARTICIPATED IN THE COLLEGE SUCCESS INITIATIVE.

Program 2
Expenses: $2,377,768

HEALTHY LIFESTYLES PROGRAMS: ENCOURAGE OUR MEMBERS TO ADOPT A HEALTHY DIET, PRACTICE POSITIVE LIFESTYLE CHOICES, MAKE A LIFELONG COMMITMENT TO FITNESS, AND SUPPORT THEIR MENTAL HEALTH. MEMBERS...

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HEALTHY LIFESTYLES PROGRAMS: ENCOURAGE OUR MEMBERS TO ADOPT A HEALTHY DIET, PRACTICE POSITIVE LIFESTYLE CHOICES, MAKE A LIFELONG COMMITMENT TO FITNESS, AND SUPPORT THEIR MENTAL HEALTH. MEMBERS PARTICIPATE IN DAILY FITNESS CHALLENGES, AND ENJOY A WIDE RANGE OF INTRAMURAL SPORTS ACTIVITIES IN THE CLUB GYMS, POOLS AND DANCE FACILITIES. THE CLUBS PROVIDE HEALTHY FOOD TO OUR MEMBERS ON A DAILY BASIS, HELP YOUNG PEOPLE MAKE NUTRITION AND WELLNESS HABITS A DAILY PRACTICE, AND EMPOWER YOUTH TO AVOID TOBACCO, ALCOHOL AND DRUGS. IN ADDITION, MADISON OFFERS ONE-ON-ONE MENTORING AND LISTENING CIRCLES FOR TEENS TO HELP MEMBERS PROCESS THE CHALLENGES IN THEIR LIVES, INCLUDING THE TRAUMA FROM THE COVID-19 PANDEMIC. IN 2024, 1,850 MEMBERS PARTICIPATED IN OUR HEALTHY LIFESTYLES PROGRAMS.

Program 3
Expenses: $1,822,313

GOOD CHARACTER AND CITIZENSHIP PROGRAMS: OFFER OUR MEMBERS OPPORTUNITIES TO DEVELOP LEADERSHIP CAPABILITIES, BUILD SOCIAL-EMOTIONAL SKILLS AND MAKE A DIFFERENCE IN THEIR COMMUNITY. MEMBERS ORGANIZE...

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GOOD CHARACTER AND CITIZENSHIP PROGRAMS: OFFER OUR MEMBERS OPPORTUNITIES TO DEVELOP LEADERSHIP CAPABILITIES, BUILD SOCIAL-EMOTIONAL SKILLS AND MAKE A DIFFERENCE IN THEIR COMMUNITY. MEMBERS ORGANIZE SERVICE PROJECTS, PARTICIPATE IN GENDER-SPECIFIC INITIATIVES THAT FOCUS ON VALUES DEVELOPMENT, AND DO ADVOCACY WORK IN THEIR LOCAL NEIGHBORHOODS. TEENS CAN PARTAKE IN THE YOUTH OF THE YEAR PROGRAM, THE PREMIER NATIONAL RECOGNITION PROGRAM FOR BOYS AND GIRLS CLUBS OF AMERICA MEMBERS, WHICH HONORS YOUNG PEOPLE WHO HAVE DISTINGUISHED THEMSELVES ACADEMICALLY AND SOCIALLY THROUGH THEIR POSITIVE ACTIONS. IN 2024, 346 MEMBERS PARTICIPATED IN YOUTH OF PURPOSE PROGRAMS, 345 MEMBERS PARTICIPATED IN LISTENING CIRCLES, 191 POSITIVE ACTION SESSIONS WERE OFFERED, AND 25 MEMBERS PARTICIPATED IN THE YOUTH OF THE YEAR PROGRAM.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,881,034
Program Service Revenue $10
Investment Income $15,196,926
Other Revenue $322,232
TOTAL REVENUE $24,400,202

Expense Breakdown

Grants Paid $47,983
Salaries & Benefits $5,984,724
Fundraising Expenses $101,507
Program Expenses $7,408,435
Other Expenses $5,097,721
TOTAL EXPENSES $11,130,428

Year-over-Year Comparison

2023 2022 Change
Revenue $24,400,202 $8,711,959 +1.8%
Expenses $11,130,428 $19,666,204 -0.4%
Net Income $13,269,774 $-10,954,245 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
35
Independent Members
35
Employees
143
Volunteers
75

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
8
$986,243
Total Directors
35
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID FIELDS CO-PRESIDENT 2.0
Officer Director
$0 $0 $0
LEO P ARNABOLDI III CO-PRESIDENT 2.0
Officer Director
$0 $0 $0
MITCHELL SCHERZER TREASURER 2.0
Officer Director
$0 $0 $0
STEVEN ELBAUM BOARD CHAIR 2.0
Officer Director
$0 $0 $0
STEVEN MIYAO BOARD SECRETARY 2.0
Officer Director
$0 $0 $0
ADAM L REEDER DIRECTOR 1.0
Director
$0 $0 $0
AHTIS DAVIS-CLOYD DIRECTOR 1.0
Director
$0 $0 $0
BARBARA A TAYLOR DIRECTOR 1.0
Director
$0 $0 $0
BARRY BREGMAN DIRECTOR 1.0
Director
$0 $0 $0
BRIAN HOESTEREY DIRECTOR 1.0
Director
$0 $0 $0
DANIEL L MOSLEY DIRECTOR 1.0
Director
$0 $0 $0
DAVID J GOLDRING DIRECTOR 1.0
Director
$0 $0 $0
DONALD C DEVINE DIRECTOR 1.0
Director
$0 $0 $0
EREK NIMPHIUS DIRECTOR 1.0
Director
$0 $0 $0
ERIC FRANDSON DIRECTOR 1.0
Director
$0 $0 $0
IVAN SMITH DIRECTOR 1.0
Director
$0 $0 $0
JERRY M SESLOWE DIRECTOR 1.0
Director
$0 $0 $0
JOSEPH GANTZ DIRECTOR 2.0
Director
$0 $0 $0
KATE PILCHER CIAFONE DIRECTOR 1.0
Director
$0 $0 $0
KENNETH B MARLIN DIRECTOR 1.0
Director
$0 $0 $0
KRISTINA I HUNT DIRECTOR 1.0
Director
$0 $0 $0
MATTHEW PETERSEN DIRECTOR 1.0
Director
$0 $0 $0
MYLES GILLESPIE DIRECTOR 1.0
Director
$0 $0 $0
NICK RUDD DIRECTOR 1.0
Director
$0 $0 $0
OBA MCMILLAN DIRECTOR 2.0
Director
$0 $0 $0
PETER SCHEMAN DIRECTOR 1.0
Director
$0 $0 $0
RICHARD EADDY DIRECTOR 1.0
Director
$0 $0 $0
RICHARD PORTER DIRECTOR 1.0
Director
$0 $0 $0
ROY WEATHERS DIRECTOR 1.0
Director
$0 $0 $0
STUART LEMPERT DIRECTOR 1.0
Director
$0 $0 $0
T KENNETH FARRELL DIRECTOR 1.0
Director
$0 $0 $0
THALIA SMITH DIRECTOR 1.0
Director
$0 $0 $0
TREVOR FENNELL DIRECTOR 1.0
Director
$0 $0 $0
VANESSA TOUMA DIRECTOR 1.0
Director
$0 $0 $0
WALTER OWENS DIRECTOR 1.0
Director
$0 $0 $0
JEFFREY DOLD CHIEF FINANCIAL OFFICER 34.0
Officer
$214,592 $70,175 $284,767
STEVEN MELTON CHIEF OPERATING OFFICER 35.0
Officer
$282,209 $42,239 $324,448
TIM MCCHRISTIAN EXECUTIVE DIRECTOR 34.0
Officer
$310,849 $66,179 $377,028
ANTONIO FORT DIR. OF CLUBHOUSE OPERATIONS 35.0
Highest
$144,180 $25,182 $169,362
ESTHER KENNERLY PAYROLL & BENEFITS ADMINISTRATOR 35.0
Highest
$103,957 $45,758 $149,715
LILIYA SHAPIRO SENIOR ACCOUNTANT 35.0
Highest
$121,218 $11,892 $133,110
LOIS BOSTON-MICKEY EXECUTIVE ASSISTANT 35.0
Highest
$101,347 $26,556 $127,903
STANLEY KING BROOKLYN BOROUGH DIRECTOR 35.0
Highest
$120,487 $32,641 $153,128
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 $24,400,202 $11,130,428 $75,206,388 $13,269,774
2023 $8,711,959 $19,666,204 $92,745,692 $-10,954,245
2022 $12,920,165 $19,070,375 $85,207,898 $-6,150,210
2021 $16,186,377 $18,363,244 $113,166,450 $-2,176,867
2020 $11,403,395 $15,676,497 $105,604,017 $-4,273,102
2019 $15,233,355 $14,850,149 $105,626,744 $383,206
2018 $15,370,280 $10,439,529 $108,153,300 $4,930,751
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