BOYS & GIRLS CLUB OF SARASOTA AND DESOTO COUNTIES FOUNDATION INC (EIN 650136035) - 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

1989

Legal Domicile

Principal Officer

BILL SADLO

Phone

9413663911

Tax Period

2023-10-01 to 2024-09-30

BOYS & GIRLS CLUB OF SARASOTA AND DESOTO COUNTIES FOUNDATION INC, founded in 1989, is a community nonprofit in the Youth Development sector that reported $8.1M in total revenue in fiscal year 2023. Revenue surged 549% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.4M, a strong 92% operating margin.

Mission

TO PROVIDE FUTURE AND SUSTAINED FINANCIAL SUPPORT TO THE BOYS & GIRLS CLUBS OF SARASOTA AND DESOTO COUNTIES, INC.

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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 $7,831,201

Program Service Revenue $0

Investment Income $272,646

Other Revenue $18,647

TOTAL REVENUE $8,122,494

Expense Breakdown

Grants Paid $496,868

Salaries & Benefits $0

Fundraising Expenses $121,456

Program Expenses $496,868

Other Expenses $182,088

TOTAL EXPENSES $678,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,122,494	$1,252,220	+5.5%
Expenses	$678,956	$493,440	+0.4%
Net Income	$7,443,538	$758,780	+8.8%

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

N/A

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

$408,519

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE TOWNSEND	CHAIR	5.00	Officer Director	$0	$0	$0
ALEX ARMSTRONG	VICE CHAIR	5.00	Officer Director	$0	$0	$0
ROBERT SCHEB	SECRETARY	5.00	Officer Director	$0	$0	$0
ROB WEISS	TREASURER	5.00	Officer Director	$0	$0	$0
CHRISTINE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
CHAD GATES	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA LANCER	DIRECTOR	1.00	Director	$0	$0	$0
JON LEE	DIRECTOR	1.00	Director	$0	$0	$0
NEIL MCCURRY	CHAIR	1.00	Director	$0	$0	$0
BRIAN PALMER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SCHARF	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SKARBEK	DIRECTOR	1.00	Director	$0	$0	$0
NANCY MINA	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM SADLO	CEO	5.00	Officer	$0	$49,284	$296,507
MARVIN AUSTIN	SR DIRECTOR OF FINANCE	5.00	Officer	$0	$14,457	$112,012

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	$8,122,494	$678,956	$18,495,539	$7,443,538
2023	$1,252,220	$493,440	$9,113,055	$758,780
2022	$1,281,347	$421,317	$7,607,628	$860,030
2021	$1,703,494	$344,896	$8,419,947	$1,358,598
2020	$1,123,462	$498,750	$6,605,048	$624,712
2018	$644,098	$340,462	$5,686,852	$303,636

BOYS & GIRLS CLUB OF SARASOTA AND DESOTO COUNTIES FOUNDATION INC