THE CLUBHOUSE NETWORK INC

EIN: 821178906 501(c)(3) Youth Development

ROXBURY, MA

Total Revenue
$3,056,864
Total Expenses
$3,292,376
Total Assets
$3,605,010
Net Assets
$2,773,108
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MA
Principal Officer
LISA COOK
Phone
6173183470
Tax Period
2024-01-01 to 2024-12-31

THE CLUBHOUSE NETWORK INC, founded in 2017, is a community nonprofit in the Youth Development sector that reported $3.1M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

THE CLUBHOUSE MISSION IS TO PROVIDE A CREATIVE AND SAFE OUT-OF-SCHOOL LEARNING ENVIRONMENT WHERE YOUNG PEOPLE FROM UNDERSERVED COMMUNITIES WORK WITH ADULT MENTORS TO EXPLORE THEIR OWN IDEAS, DEVELOP NEW SKILLS, AND BUILD CONFIDENCE IN THEMSELVES THROUGH THE USE OF TECHNOLOGY. IN SUPPORT OF THAT MISSION, THE CLUBHOUSE NETWORK SUPPORTS COMMUNITY-BASED CLUBHOUSES AROUND THE WORLD BY PROVIDING START-UP SUPPORT, PROFESSIONAL DEVELOPMENT, NEW TECHNOLOGY INNOVATIONS, EVALUATION AND ASSESSMENT, PARTNERSHIP OPPORTUNITIES, AND ACCESS TO AN ONLINE COMMUNITY FOR YOUTH, MENTORS, AND STAFF.

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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 $2,962,572
Program Service Revenue $20,000
Investment Income $13,797
Other Revenue $60,495
TOTAL REVENUE $3,056,864

Expense Breakdown

Grants Paid $249,726
Salaries & Benefits $1,904,576
Fundraising Expenses $116,453
Program Expenses $2,569,613
Other Expenses $1,138,074
TOTAL EXPENSES $3,292,376

Year-over-Year Comparison

2024 2023 Change
Revenue $3,056,864 $3,608,967 -0.2%
Expenses $3,292,376 $4,003,440 -0.2%
Net Income $-235,512 $-394,473 -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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
22
Volunteers
29

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
$215,399
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN CURRAN CHAIR 2.00
Officer Director
$0 $0 $0
STEVE OSEMWENKHAE TREASURER/CLERK/DIRECTOR 2.00
Officer Director
$0 $0 $0
STEPHANIE KHURANA DIRECTOR 1.00
Director
$0 $0 $0
FRANCES L BAKER DIRECTOR 1.00
Director
$0 $0 $0
MARGARET ANDREA WOOD DIRECTOR 1.00
Director
$0 $0 $0
LARRY WEBER DIRECTOR 1.00
Director
$0 $0 $0
ANELE DAVIDS DIRECTOR 1.00
Director
$0 $0 $0
GARY MORTON DIRECTOR 1.00
Director
$0 $0 $0
AMON MILLNER DIRECTOR 1.00
Director
$0 $0 $0
MITCHEL RESNICK DIRECTOR (UNTIL 5/2024) 1.00
Director
$0 $0 $0
LISA COOK EXECUTIVE DIRECTOR 40.00
Officer
$195,089 $20,310 $215,399
KERRY AKASHIAN DIR. OF TECH. ASSIST. & GLOBAL PROGRAMS 40.00
Highest
$137,252 $9,708 $146,960
BRENDAN CASEY ASSOC. DIR., PROG. OPERATIONS 40.00
Highest
$115,566 $31,716 $147,282
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 $3,056,864 $3,292,376 $3,605,010 $-235,512
2023 $3,608,967 $4,003,440 $3,899,004 $-394,473
2022 $3,965,310 $3,892,230 $4,392,001 $73,080
2021 $2,774,548 $2,483,545 $6,150,847 $291,003
2020 $2,418,205 $1,783,833 $7,583,570 $634,372
2019 $2,588,006 $2,047,608 $5,935,390 $540,398
2018 $2,102,792 $1,864,770 $3,830,192 $238,022
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