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 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 SELF-CONFIDENCE 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.

Program Service Accomplishments

Program 1
Expenses: $1,889,083

NETWORK SUPPORT: REPRESENTS GENERAL SUPPORT PROVIDED BY THE CLUBHOUSE NETWORK TO ALL CLUBHOUSES AND TEEN TECH CENTERS AROUND THE WORLD, INCLUDING TECHNICAL ASSISTANCE, QUALITY ASSESSMENT, SITE...

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NETWORK SUPPORT: REPRESENTS GENERAL SUPPORT PROVIDED BY THE CLUBHOUSE NETWORK TO ALL CLUBHOUSES AND TEEN TECH CENTERS AROUND THE WORLD, INCLUDING TECHNICAL ASSISTANCE, QUALITY ASSESSMENT, SITE VISITS, COACHING AND SUPPORT; C2C PATHWAYS, IN WHICH YOUNG PEOPLE GAIN TECH AND WORKFORCE READINESS SKILLS, AND GAIN REAL-WORLD EXPERIENCE THROUGH INTERNSHIPS; AND THE CATALYST INITIATIVE, WHICH BRINGS CLUBHOUSE PRACTICES TO OTHER EDUCATIONAL SETTINGS SUCH AS SCHOOL AND LIBRARIES.

Program 2
Expenses: $357,832

FLAGSHIP CLUBHOUSE: REPRESENTS THE CLUBHOUSE OPERATING AT THE CLUBHOUSE NETWORK'S HEADQUARTERS IN ROXBURY MA, AND PROVIDES A SPACE FOR YOUTH TO EXPLORE THEIR OWN IDEAS AND BUILD CONFIDENCE THROUGH...

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FLAGSHIP CLUBHOUSE: REPRESENTS THE CLUBHOUSE OPERATING AT THE CLUBHOUSE NETWORK'S HEADQUARTERS IN ROXBURY MA, AND PROVIDES A SPACE FOR YOUTH TO EXPLORE THEIR OWN IDEAS AND BUILD CONFIDENCE THROUGH MENTORING AND THE USE OF TECHNOLOGY.

Program 3
Expenses: $322,698 Revenue: $80,495

PROGRAM EVENTS: INCLUDES AN ANNUAL CONFERENCE FOR CLUBHOUSE STAFF FROM AROUND THE WORLD TO ENGAGE IN PROFESSIONAL DEVELOPMENT, SHARE IDEAS, AND PLAN FOR THE FUTURE; A BIENNIAL WEEK-LONG LEADERSHIP...

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PROGRAM EVENTS: INCLUDES AN ANNUAL CONFERENCE FOR CLUBHOUSE STAFF FROM AROUND THE WORLD TO ENGAGE IN PROFESSIONAL DEVELOPMENT, SHARE IDEAS, AND PLAN FOR THE FUTURE; A BIENNIAL WEEK-LONG LEADERSHIP EVENT FOR YOUTH FROM CLUBHOUSES WORLDWIDE TO LEARN TOGETHER, BUILD SKILLS, AND GAIN GLOBAL UNDERSTANDING; AN OCCASIONAL ALUMNI SUMMIT TO PROVIDE PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES.

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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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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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