BOYS & GIRLS CLUBS OF WAYNE CO INC

EIN: 560706013 501(c)(3) Philanthropy & Grantmaking

GOLDSBORO, NC

Total Revenue
$809,684
Total Expenses
$1,075,960
Total Assets
$1,128,737
Net Assets
$986,780
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NC
Principal Officer
MAGGIE LATTIN
Phone
9197352358
Tax Period
2024-01-01 to 2024-12-31

BOYS & GIRLS CLUBS OF WAYNE CO INC, founded in 1969, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $810K in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 33% operating deficit.

Mission

TO PROMOTE THE EDUCATIONAL, RECREATIONAL AND SOCIAL DEVELOPMENT OF YOUTH AGES 6-18.

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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 (2024)

Revenue Breakdown

Contributions & Grants $620,726
Program Service Revenue $122,103
Investment Income $11,709
Other Revenue $55,146
TOTAL REVENUE $809,684

Expense Breakdown

Grants Paid $0
Salaries & Benefits $569,460
Fundraising Expenses $0
Program Expenses $948,353
Other Expenses $506,500
TOTAL EXPENSES $1,075,960

Year-over-Year Comparison

2024 2023 Change
Revenue $809,684 $798,249 +0.0%
Expenses $1,075,960 $990,757 +0.1%
Net Income $-266,276 $-192,508 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
34
Volunteers
100

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL BARBOUR VICE CHAIR 2.00
Officer Director
$0 $0 $0
WILL BLAND BOARD MEMBER 2.00
Director
$0 $0 $0
MEAGAN BOURGEOIS BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE BRYAN BOARD MEMBER 2.00
Director
$0 $0 $0
APRIL GARVER BOARD MEMBER 2.00
Director
$0 $0 $0
ALLISON HERRING BOARD MEMBER 2.00
Director
$0 $0 $0
RON LAWRENCE BOARD MEMBER 2.00
Director
$0 $0 $0
GASTON LEWIS CHAIR 2.00
Officer Director
$0 $0 $0
JUSTIN MCLAMB BOARD MEMBER 2.00
Director
$0 $0 $0
JOEL WADDELL BOARD MEMBER 2.00
Director
$0 $0 $0
BEVERLY WALLACE-WIGGINS BOARD MEMBER 2.00
Director
$0 $0 $0
GRANT WEBBER BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN WOODARD BOARD MEMBER 2.00
Director
$0 $0 $0
MAGGIE LATTIN EXECUTIVE DI 40.00
Officer
$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 $809,684 $1,075,960 $1,128,737 $-266,276
2023 $798,249 $990,757 $1,422,110 $-192,508
2022 $535,169 $746,441 $1,600,655 $-211,272
2021 $866,532 $759,778 $1,860,031 $106,754
2020 $1,131,197 $789,008 $1,734,167 $342,189
2019 $648,403 $819,964 $1,382,103 $-171,561
2018 $743,090 $892,228 $1,605,357 $-149,138
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