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BOYS & GIRLS CLUB OF GREATER LOWELL INC
BOYS & GIRLS CLUB OF GREATER LOWELL INC
LOWELL, MA, US
•
501(c)(3)
•
EIN
04-2104396
•
WWW.LBGC.ORG
•
•
Women Led
BIPOC Led
BOYS & GIRLS CLUB OF GREATER LOWELL INC
LOWELL, MA, US
•
501(c)(3)
•
EIN
04-2104396
•
WWW.LBGC.ORG
•
•
Women Led
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$8,811,066
Contributions
66%
Government Grants
22%
Fundraising Events
6%
Other
5%
Investments
1%
Membership Dues
<1%
Program Services
0%
Expenses in
2024
$3,745,507
Salaries & Benefits
65%
Other
15%
Fees to Service Providers
8%
Offices, Occupancy & IT
7%
Depreciation
4%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$3,105,419
$5,812,332
+87%
Government Grants
$712,213
$1,920,380
+170%
Fundraising Events
$511,051
$499,643
-2%
Program Services
$0
$0
-
Membership Dues
$31,634
$33,300
+5%
Investments
$102,868
$95,422
-7%
Other
-$98,120
$449,989
-559%
Total Revenues
$4,365,065
$8,811,066
+102%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,345,252
$2,438,935
+4%
Fees to Service Providers
$220,925
$297,418
+35%
Advertising & Promotion
$5,511
$0
-100%
Offices, Occupancy & IT
$229,397
$266,835
+16%
Interest
$4,019
$30,213
+652%
Depreciation
$103,527
$158,461
+53%
Other
$522,807
$553,645
+6%
Total Expenses
$3,431,438
$3,745,507
+9%
Net income
2023
2024
Change
Net income
+$933,627
+$5,065,559
+443%
Functional Expenses
Summary
2023
2024
Change
Program
$2,212,734
$1,807,701
-18%
Admin
$413,243
$1,243,795
+201%
Fundraising
$805,461
$694,011
-14%
Total Expenses
$3,431,438
$3,745,507
+9%
Income Statement
