BOYS AND GIRLS CLUB OF STONEHAM INC (EIN 23-7025777) - Income Statement, 990 Financials

BOYS AND GIRLS CLUB OF STONEHAM INC

STONEHAM, MA, US

•

a.k.a Boys & Girls Clubs of Stoneham and Wakefield

•

501(c)(3)

•

EIN

23-7025777

•

HTTP://BGCSTONEHAM.ORG/

•

BOYS AND GIRLS CLUB OF STONEHAM INC

STONEHAM, MA, US

•

a.k.a Boys & Girls Clubs of Stoneham and Wakefield

•

501(c)(3)

•

EIN

23-7025777

•

HTTP://BGCSTONEHAM.ORG/

•

Overview

Programs

990s

Income Statement

Balance Sheet

People

Board & Team

Financials

Financial Trends

Funding

Funders

Grants Received

Hide details

Income Statement

Fiscal Year Start:

Sep 1

Revenues in 2024

$5,190,261

Government Grants

41%

Program Services

40%

Contributions

16%

Investments

Other

<1%

Fundraising Events

Membership Dues

Expenses in 2024

$5,219,898

Salaries & Benefits

69%

Other

23%

Offices, Occupancy & IT

Depreciation

Interest

Advertising & Promotion

<1%

Grants

Benefits to Members

Fees to Service Providers

Revenues

2023

2024

Change

Contributions

$908,699

$841,579

-7%

Government Grants

$1,471,057

$2,117,267

+44%

Fundraising Events

Program Services

$1,621,750

$2,095,556

+29%

Membership Dues

Investments

$74,195

$111,349

+50%

Other

$32,895

$24,510

-25%

Total Revenues

$4,108,596

$5,190,261

+26%

Expenses

2023

2024

Change

Grants

Benefits to Members

Salaries & Benefits

$2,826,338

$3,581,058

+27%

Fees to Service Providers

Advertising & Promotion

$866

$5,189

+499%

Offices, Occupancy & IT

$134,260

$279,691

+108%

Interest

$71,646

$65,504

-9%

Depreciation

$58,806

$103,068

+75%

Other

$1,065,047

$1,185,388

+11%

Total Expenses

$4,156,963

$5,219,898

+26%

Net income

2023

2024

Change

Net income

-$48,367

-$29,637

+39%

Functional Expenses

Summary

2023

2024

Change

Program

$3,225,451

$4,224,078

+31%

Admin

$342,646

$508,799

+48%

Fundraising

$588,866

$487,021

-17%

Total Expenses

$4,156,963

$5,219,898

+26%