Overview
What is Boys & Girls Club Of Greater Salem Inc?
Boys & Girls Club of Greater Salem Inc is a nonprofit organization committed to supporting at-risk youth in the local community. With over 800 young individuals benefiting from their services, the majority of whom qualify for free or reduced school lunches, the organization strives to help these youth thrive. Their Formula for Impact ensures that every child who enters their doors has a path to success, aiming to promote each member through their school years and encourage their overall development.
Official website here: www.bgcgs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
The Boys & Girls Club of Greater Salem Inc has achieved a strong Four-Star out of Four Star rating from Charity Navigator, indicating high performance in accountability and finance. The overall score reflects a commitment to transparency and effective governance, highlighted by a 100% independent board and comprehensive policies in place for conflict of interest, whistleblowing, and document retention.
Financially, the organization demonstrates solid management with an impressive audit score and a healthy liabilities to assets ratio of 18.80%. The program expense ratio stands at 65.14%, which shows that a significant portion of its expenses is directed towards its programs, though there is room for improvement in this area to enhance service delivery.
Overall, the Boys & Girls Club of Greater Salem Inc exhibits a robust framework of accountability that supports its mission. They have established a reliable structure, though increasing the efficiency of program spending could further bolster their impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Boys & Girls Club Of Greater Salem Inc legitimate?
Boys & Girls Club Of Greater Salem Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys & Girls Club Of Greater Salem Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $88,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $825,745
For more financial information, click here
Official website here: www.bgcgs.org
What is the mission statement of Boys & Girls Club Of Greater Salem Inc?
The Boys & Girls Club of Greater Salem Inc. is committed to supporting at-risk youth. Through their Formula for Impact, they aim to ensure the success of over 800 young individuals who utilize their programs, activities, and services. Notably, more than 85% of these children qualify for free or reduced lunch at school. Their primary objective is to help these members progress from one grade to the next, thereby encouraging their continuous development and enabling them to reach their full potential.
Official website here: www.bgcgs.org
What is the revenue of Boys & Girls Club Of Greater Salem Inc?
Boys & Girls Club Of Greater Salem Inc's revenue in 2023 was $1,381,774.
Official website here: www.bgcgs.org
Who are the executives of Boys & Girls Club Of Greater Salem Inc and what are their salaries?
The average compensation at Boys & Girls Club Of Greater Salem Inc during 2023 was $16,039. There are 57 employees and 1251 volunteers at Boys & Girls Club Of Greater Salem Inc.
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- Compensation: $88,469
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Official website here: www.bgcgs.org
Where can I find the form 990 for Boys & Girls Club Of Greater Salem Inc?
Boys & Girls Club Of Greater Salem Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bgcgs.org
Learn more at the official website: www.bgcgs.org
Mission Statement of Boys & Girls Club Of Greater Salem Inc
Boys & Girls Club of Greater Salem, a nonprofit organization, is committed to ensuring the success of at-risk youth. Their mission, as stated in the Formula for Impact, is to guide over 800 young individuals who utilize their services. These youth often rely on free or reduced lunches at school. The primary objective of the club is to facilitate the progression of each member from one grade to the next, ultimately aiding them in reaching their full potential.
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Impact
July, 2024
The Boys & Girls Club of Greater Salem Inc has a significant impact on the lives of over 800 at-risk youth in the Salem area. With the majority of these young people receiving free or reduced lunch at school, the organization's programs, activities, and services play a crucial role in providing support and opportunities for their growth and development. The club's goal of promoting academic success and ensuring that members progress from one grade to the next highlights their commitment to helping each individual achieve their full potential. By engaging a Formula for Impact, the Boys & Girls Club of Greater Salem is making a positive difference in the lives of the youth they serve, creating a space where these young people can thrive and succeed.
This information is meant to be a general summary of Boys & Girls Club Of Greater Salem Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $11,387
- Program Service Revenue: $294,334
- Gross Receipts: $1,536,068
Assets and Liabilities:
- Total Assets: $1,512,610
- Total Liabilities: $233,895
- Net Assets: $1,278,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$285,403
REGISTRATION
Revenue
$6,616
TRANSPORTAION
Revenue
$2,315
Organization Details
Founding Year
1869
Principal Officer
Joanne Scott
Website
www.bgcgs.orgNTEE Category
Code: N20Z - Recreation
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