BOYS & GIRLS CLUB OF THE VIRGINIA PENINSULA FOUNDATION INC

EIN: 541568297 501(c)(3) Youth Development

NEWPORT NEWS, VA

Total Revenue
$339,581
Total Expenses
$189,831
Total Assets
$3,924,496
Net Assets
$3,922,905
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
VA
Principal Officer
JAMES BAYNE
Phone
7572237204
Tax Period
2023-01-01 to 2023-12-31

BOYS & GIRLS CLUB OF THE VIRGINIA PENINSULA FOUNDATION INC, founded in 1990, is a small nonprofit in the Youth Development sector that reported $340K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $150K, a strong 44% operating margin.

Mission

EDUCATIONAL PROGRAMS AND SCHOLARSHIPS. SEE STATEMENT 1, SCHEDULE O. TO ACQUIRE AND MANAGE ASSETS WHICH BE USED TO MOTIVATE, EDUCATE, AND TRAIN ALL YOUTH, ESPECIALLY DISADVANTAGE YOUTH, AND TO INSPIRE THEM TO REACH THEIR FULL POTENTIAL BY OFFERING LIFE ENHANCING PROGRAMS, ACADEMIC INSTRUCTION AND EDUCATIONAL SCHOLARSHIPS.

Program Service Accomplishments

Program 1
Expenses: $170,728

FUNDING FOR EDUCATIONAL PROGRAMS AT RISK KIDS WHICH BENEFITED OVER 300 YOUTH ON THE VIRGINIA PENINSULA. SPECIFIC PROGRAMS INCLUDE: PROJECT LEARN WHICH REINFORCES AND ENHANCES THE SKILLS AND KNOWLEDGE...

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FUNDING FOR EDUCATIONAL PROGRAMS AT RISK KIDS WHICH BENEFITED OVER 300 YOUTH ON THE VIRGINIA PENINSULA. SPECIFIC PROGRAMS INCLUDE: PROJECT LEARN WHICH REINFORCES AND ENHANCES THE SKILLS AND KNOWLEDGE YOUNG PEOPLE LEARN AT SCHOOL. POWER HOUR WHICH PROVIDES HOMEWORK HELP AND TUTORING FOR AT LEAST ONE HOUR A DAY. JUNIOR STAFF CAREER DEVELOPMENT WHICH PROVIDES HANDS-ON EXPERIENCES WITH HELPING OTHERS IN THE CLUB AND COMMUNITY. FINANCIAL LITERACY PROVIDES THE SKILLS AND KNOWLEDGE THAT ALLOWS AN INDIVIDUAL TO MAKE INFORMED DECISIONS ABOUT THEIR FINANCIAL RESOURCES. THE BOYS & GIRLS CLUBS OF THE VIRGINIA PENINSULA FOUNDATION SEEKS TO HELP ALL YOUTH LIVE FULL, SATISFYING AND PRODUCTIVE LIVES. THE OUTCOMES BELOW DESCRIBE OUR EXPECTATIONS AND GOALS FOR YOUNG PEOPLE IN OUR PROGRAMS. THESE OUTCOMES ENCOMPASS BEHAVIORS, KNOWLEDGE, SKILLS, VALUES AND MOTIVATION. WE MUST PAY SPECIAL ATTENTION TO ASSURING THAT OUTCOMES ARE ACHIEVED INCLUSIVE OF ETHNICITY AND GENDER. OUR YOUTH, WHO ENTER THE WORLD WITH THE CAPACITIES DESCRIBED HERE, CAN BECOME RESPONSIBLE CITIZENS AND LEADERS ABLE TO SUPPORT THEMSELVES AND LIVE SUCCESSFUL LIVES. POSITIVE SELF IDENTITY: YOUTH HAVE THE KNOWLEDGE, SKILLS, STRATEGIES AND ATTITUDES NECESSARY FOR A POSITIVE FOUNDATION FOR SUCCESS. THEY DEVELOP COMPETENCE IN THE FOLLOWING AREAS:EDUCATIONAL YOUTH ARE PROFICIENT IN BASIC EDUCATIONAL DISCIPLINES AND HAVE THE CAPACITY TO UTILIZE TECHNOLOGY. HAVING GRADUATED FROM HIGH SCHOOL, THEY ARE MOTIVATED TO PURSUE LEARNING OPPORTUNITIES THROUGHOUT THEIR LIVES. EMPLOYMENT YOUTH HAVE THE SKILLS AND ATTRIBUTES TOBE SUCCESSFUL IN THE WORK FORCE. THEY ARE MOTIVATED TO CONSTANTLY DEVELOP NEW SKILLS ADN HONE EXISTING SKILLS TO MAINTAIN A COMPETITIVE EDGE. SOCIAL YOUTH ARE ABLE TO DEVELOP AND SUSTAIN POSITIVE RELATIONSHIPS WITH OTHERS. EMOTIONAL YOUTH ARE ABLE TO RECOGNIZE, REFLECT ONAND APPROPRIATELY EXPRESS THEIR EMOTIONS, MANAGE STRESS AND COPE WITH POSITIVE AND ADVERSE SITUATIONS. CULTURAL YOUTH HAVE AN UNDERSTANDING AND RESPECT FOR THEIR OWN CULTURAL IDENTITY AND FOR THE CULTURES OF OTHERS. THEY ARE ABLE TO CONTRIBUTE IN A MULTICULTURALSOCIETY AND DEMONSTRATE TOLERANCE FOR THE DIFFERENCES AMONG PEOPLE. COMMUNITY AND CIVIC INVOLVEMENT YOUTH HAVE A SENSE OF BELONGING TO THEIR COMMUNITY, FAMILY AND/OR GROUP AND ARE WILLING TO TAKE CIVIC RESPONSIBILITY. THEY WORK CLOSELY WITH OTHERS TO CONTRIBUTE TO THEGREATER GOOD. HEALTH AND WELLBEING YOUTH LIVE HEALTHY LIFESTYLES, TAKE PART IN REGULAR FITNESS ACTIVITIES, ARE ABLE TO ACCESS HEALTH CARE RESOURCES AND ENGAGE IN POSITIVE BEHAVIORS. THEY USE SOUND JUDGMENT ABOUT PERSONAL SAFETY, NUTRITION AND AVOIDANCE OF ALCOHOL, DRUGSAND PREMATURE SEXUAL ACTIVITY. MORAL COMPASS YOUTH HAVE VALUES ENABLING THEM TO DEVELOP POSITIVE RELATIONSHIPS WITH OTHERS. THESE VALUES INCLUDE HONESTY, A SENSE OF JUSTICE AND FAIRNESS, RESPECT, CARING AND SPIRITUALITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $37,349
Program Service Revenue $0
Investment Income $302,232
Other Revenue $0
TOTAL REVENUE $339,581

Expense Breakdown

Grants Paid $170,728
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $170,728
Other Expenses $19,103
TOTAL EXPENSES $189,831

Year-over-Year Comparison

2023 2022 Change
Revenue $339,581 $288,286 +0.2%
Expenses $189,831 $193,606 0.0%
Net Income $149,750 $94,680 +0.6%
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
9
Independent Members
9
Employees
N/A
Volunteers
11

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY MINTER CHAIRMAN 0.50
Officer Director
$0 $0 $0
JAMES BAYNE TREASURER 0.50
Officer Director
$0 $0 $0
REX DAVIS DIRECTOR 0.50
Director
$0 $0 $0
JERRY FRANKLIN DIRECTOR 0.50
Director
$0 $0 $0
FAYE PETRO-GARGIULO DIRECTOR 0.50
Director
$0 $0 $0
LINDA ROHRER DIRECTOR 0.50
Director
$0 $0 $0
BRIAN SKINNER DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER SMITH DIRECTOR 0.50
Director
$0 $0 $0
HAROLD B SMITH DIRECTOR 0.50
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
2024 No data No data No data No data
2023 $339,581 $189,831 $3,924,496 $149,750
2022 $288,286 $193,606 $3,579,057 $94,680
2021 $562,203 $158,993 $4,259,538 $403,210
2020 $160,987 $166,179 $3,855,583 $-5,192
2019 $192,004 $181,641 $3,564,301 $10,363
2018 $607,042 $524,071 $3,104,828 $82,971
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