BENEFITING THE BOYS AND GIRLS CLUB… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

RICK OBEY

Phone

9546140519

Tax Period

2024-01-01 to 2024-12-31

BENEFITING THE BOYS AND GIRLS CLUB OF AMERICA INC, founded in 2017, is a community nonprofit in the Youth Development sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 352% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 13% operating deficit.

Mission

BENEFITING NBSP;THE NBSP;BOYS NBSP;AND NBSP;GIRLS NBSP;CLUBS NBSP;OF NBSP;AMERICA NBSP;INCORPORATED NBSP;OPERATES NBSP;DONATED NBSP;VESSELS NBSP;(BOATS) NBSP;RESIDENTIAL NBSP;PROPERTIES NBSP;AND NBSP;OTHER NBSP;ASSETS NBSP;FOR NBSP;THE NBSP;EXPRESS NBSP;PURPOSE NBSP;OF NBSP;THE NBSP;IMPROVEMENT NBSP;AND NBSP;DEVELOPMENT NBSP;OF NBSP;YOUNG NBSP;MINDS NBSP;ALL NBSP;PROCEEDS NBSP;ARE NBSP;USED NBSP;TO NBSP;SUPPORT NBSP;COMPANY NBSP;OPERATION

Program Service Accomplishments

Program 1

Expenses: $1,451,504 Revenue: $1,379,462

N/A

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,379,462

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,379,462

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,451,504

Other Expenses $794,367

TOTAL EXPENSES $1,563,697

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,379,462	$304,970	+3.5%
Expenses	$1,563,697	$306,859	+4.1%
Net Income	$-184,235	$-1,889	+96.5%

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

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Reportable Comp	Other Comp	Total
RICK OBEY	DIRECTOR	010.00	$0	$0	$0
CERVONE NICOLETTE	DIRECTOR	010.00	$0	$0	$0
CHANDLER PAULINA	DIRECTOR	010.00	$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	$1,379,462	$1,563,697	No data	$-184,235
2023	$304,970	$306,859	No data	$-1,889
2022	$180,780	$174,646	$380,000	$6,134
2021	$117,150	$125,855	$446,056	$-8,705
2020	$1,257,901	$13,060	$2,287,000	$1,244,841

BENEFITING THE BOYS AND GIRLS CLUB OF AMERICA INC