BOYS & GIRLS CLUB OF FRANKLIN-SIMPSON INC

EIN: 611423661 501(c)(3) Youth Development

FRANKLIN, KY

Total Revenue
$624,267
Total Expenses
$883,056
Total Assets
$3,165,064
Net Assets
$2,930,142
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
KY
Principal Officer
MCGAVIN BROWN
Phone
2705866082
Tax Period
2024-01-01 to 2024-12-31

BOYS & GIRLS CLUB OF FRANKLIN-SIMPSON INC, founded in 2002, is a small nonprofit in the Youth Development sector that reported $624K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $883K exceeded revenue, resulting in a 41% operating deficit.

Mission

THE CLUB SERVES CHILDREN AGES 6-18 EACH DAY AFTER SCHOOL AND DAILY DURING THE SUMMER. IN 2024 730 CHILDREN WERE SERVED AT THE TWO SITES.

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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 $621,705
Program Service Revenue $0
Investment Income $782
Other Revenue $1,780
TOTAL REVENUE $624,267

Expense Breakdown

Grants Paid $0
Salaries & Benefits $507,902
Fundraising Expenses $77,653
Program Expenses $653,657
Other Expenses $375,154
TOTAL EXPENSES $883,056

Year-over-Year Comparison

2024 2023 Change
Revenue $624,267 $681,506 -0.1%
Expenses $883,056 $922,036 0.0%
Net Income $-258,789 $-240,530 +0.1%
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
19
Independent Members
19
Employees
35
Volunteers
35

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
4
$0
Total Directors
20
$32,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK DOBBS BOARD MEMBER 0.5
Director
$32,000 $0 $32,000
MCGAVINN BROWN PRESIDENT 1.0
Officer Director
$0 $0 $0
SARAH HALCOMB SECRETARY 1.0
Officer Director
$0 $0 $0
LYDIA LATHAM TREASURER 5.0
Officer Director
$0 $0 $0
NATE DOWNEY VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
PAT PATTON BOARD MEMBER 0.5
Director
$0 $0 $0
SONYA OWENS BOARD MEMBER 0.5
Director
$0 $0 $0
AMANDA EAST BOARD MEMBER 0.5
Director
$0 $0 $0
DONNA DIXON BOARD MEMBER 0.5
Director
$0 $0 $0
MICHAEL GREGORY BOARD MEMBER 0.5
Director
$0 $0 $0
BARRY HAIN BOARD MEMBER 0.5
Director
$0 $0 $0
VALERIA STRAFE BOARD MEMBER 0.5
Director
$0 $0 $0
BART BLYTHE BOARD MEMBER 0.5
Director
$0 $0 $0
HANNAH ERWIN BOARD MEMBER 0.5
Director
$0 $0 $0
TORI HENNINGER BOARD MEMBER 0.5
Director
$0 $0 $0
NATALIE MCCUTCHEN BOARD MEMBER 0.5
Director
$0 $0 $0
JEFF BURR SIMPSON MAGISTRATE 0.5
Director
$0 $0 $0
DALE MCCREARY FRANKLIN COMMISSIONER 0.5
Director
$0 $0 $0
WENDELL SPEARS ALLEN MAGISTRATE 0.5
Director
$0 $0 $0
BEVERLY ANDERSON SCOTTSVILLE COMMISIONER 0.5
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 $624,267 $883,056 $3,165,064 $-258,789
2023 $681,506 $922,036 $3,276,735 $-240,530
2022 $2,396,011 $802,160 $3,487,684 $1,593,851
2021 $825,071 $541,908 $1,906,207 $283,163
2020 $706,918 $573,046 $1,779,829 $133,872
2019 $757,746 $680,968 $1,781,864 $76,778
2018 $515,548 $617,919 $1,514,693 $-102,371
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