BOYS & GIRLS CLUB OF FARMINGTON

EIN: 850161421 501(c)(3) Youth Development

FARMINGTON, NM

Total Revenue
$1,770,925
Total Expenses
$1,710,934
Total Assets
$2,315,414
Net Assets
$2,290,875
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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
1969
Legal Domicile
NM
Principal Officer
MICHELLE MEYERING
Phone
5053276396
Tax Period
2023-01-01 to 2023-12-31

BOYS & GIRLS CLUB OF FARMINGTON, founded in 1969, is a community nonprofit in the Youth Development sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 3% surplus.

Mission

INVOLVE AREA YOUTH IN SPORTS AND ACTIVITIES TO ENDCOURAGE THEIR MATURITY AND AVOID DISRUPTIVE AND DESTRUCTIVE ACTIVITIES. THERE ARE FIVE MAJOR AREAS OF SERVICE AND FOCUS: 1) CHARACTER AND LEADERSHIP DEVELOPMENT, 2) EDUCATION AND CAREER DEVELOPMENT, 3) HEALTH AND LIFE SKILLS, 4)THE ARTS, AND 5) SPORTS, FITNESS AND RECREATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,263,118
Program Service Revenue $192,108
Investment Income $162,735
Other Revenue $152,964
TOTAL REVENUE $1,770,925

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,230,125
Fundraising Expenses $34,386
Program Expenses $1,341,300
Other Expenses $480,809
TOTAL EXPENSES $1,710,934

Year-over-Year Comparison

2023 2022 Change
Revenue $1,770,925 $1,182,002 +0.5%
Expenses $1,710,934 $1,414,313 +0.2%
Net Income $59,991 $-232,311 -1.3%
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
27
Independent Members
27
Employees
103
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
6
$0
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAY DAVIS DIRECTOR N/A
Director
$0 $0 $0
KENNY ANDERSON DIRECTOR N/A
Director
$0 $0 $0
SHAUNA ROCHE RD CHAIRMAN N/A
Officer Director
$0 $0 $0
SHAWN BENALLY CHAIRMAN/ARE N/A
Officer Director
$0 $0 $0
GEORGE SHARPE DIRECTOR N/A
Director
$0 $0 $0
RANDY ALLEN DIRECTOR N/A
Director
$0 $0 $0
SETH BINGHAM VICE CHAIRMA N/A
Officer Director
$0 $0 $0
JACOB CRANE DIRECTOR N/A
Director
$0 $0 $0
MELISSA MEECHAN DIRECTOR N/A
Director
$0 $0 $0
JENNIFER BOOGNL DIRECTOR N/A
Director
$0 $0 $0
CYNTHIA ATENCIO DIRECTOR N/A
Director
$0 $0 $0
BONITA TILLERSON TREASURER N/A
Officer Director
$0 $0 $0
JOEY BECKER DIRECTOR N/A
Director
$0 $0 $0
JACK BIRCHFIELD DIRECTOR N/A
Director
$0 $0 $0
KATIE BUCHHOLZ DIRECTOR N/A
Director
$0 $0 $0
ARELY CARO SECRETARY N/A
Officer Director
$0 $0 $0
ANDY DECKER DIRECTOR N/A
Director
$0 $0 $0
CODY DIEHL DIRECTOR N/A
Director
$0 $0 $0
PHILLIP FRANCISCO DIRECTOR N/A
Director
$0 $0 $0
DANIEL FRANK DIRECTOR N/A
Director
$0 $0 $0
HALI MEADOR DIRECTOR N/A
Director
$0 $0 $0
FREDDY PROCTOR DIRECTOR N/A
Director
$0 $0 $0
NICCI UNSICKER DIRECTOR N/A
Director
$0 $0 $0
TRACI VALDEZ DIRECTOR N/A
Director
$0 $0 $0
CODY WALDROUP DIRECTOR N/A
Director
$0 $0 $0
TONY WHITING DIRECTOR N/A
Director
$0 $0 $0
MICHELLE MEYERING EXECUTIVE DI N/A
Officer
$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 No data No data No data No data
2023 $1,770,925 $1,710,934 $2,315,414 $59,991
2022 $1,182,002 $1,414,313 $2,250,451 $-232,311
2021 $2,024,042 $1,262,484 $2,506,606 $761,558
2020 $1,606,416 $1,340,534 $1,924,548 $265,882
2019 $1,201,844 $1,097,268 $1,144,197 $104,576
2018 $1,202,322 $1,201,205 $1,033,824 $1,117
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