Overview
What is Bagly Inc?
Bagly Inc, established in Boston, Massachusetts, is a renowned nonprofit organization that focuses on supporting LGBTQ+ youth, particularly those of color, transgender youth, and homeless or low-income individuals. Their services include social support, youth leadership development, health promotion programming, and a comprehensive health services clinic. They also manage and fund the LGBTQ+ Youth Group Network of Massachusetts, a network of over 15 community-based LGBTQ+ youth groups across Massachusetts. Bagly Inc offers culturally competent resources and referrals, as well as training and technical assistance for parents, youth-serving professionals, and organizations. They engage in community education, public policy work, advocacy, and ongoing evaluation and research to best address the needs of the LGBTQ+ youth community. Established in New England, Bagly Inc is known as a model for LGBTQ+ youth leadership, programs, services, and advocacy, and has received numerous local and national awards for its achievements.
Official website here: www.bagly.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Bagly Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity excels in maintaining a high level of transparency and governance, with an independent board comprised entirely of members who do not have ties to the organization. This strong oversight is reflected in their effective financial practices and absence of asset diversion.
The organization has demonstrated excellent efficiency in its operations, with a program expense ratio of 77.31%, indicating that a large portion of its funding is directed toward its mission. Additionally, the fundraising efficiency ratio of $0.10 shows that Bagly Inc is able to raise funds effectively, keeping costs low in relation to the money raised. Their adherence to policies regarding conflict of interest, whistleblowing, and document retention further enhances their credibility.
However, while the organization has strengths in many areas, it has a small board size with only four independent members. This could raise concerns about the diversity of perspectives in decision-making. Overall, Bagly Inc shows a commendable commitment to financial accountability, but it may benefit from increasing its board size to foster broader governance.
This AI summary has been generated from information found on Charity Navigator.
Is Bagly Inc legitimate?
Bagly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bagly 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: $249,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $698,168
For more financial information, click here
Official website here: www.bagly.org
What is the mission statement of Bagly Inc?
Bagly Inc, a youth-led organization, is dedicated to social justice and advocacy for the LGBTQ+ youth community. Its mission is to create, sustain, and advocate for programs, policies, and services tailored to this population, particularly focusing on LGBTQ+ youth of color, transgender youth, and homeless or low-income youth. The organization's activities include social support, youth leadership development, health promotion programming, and running a comprehensive health services clinic. Bagly Inc also manages and funds the LGBTQ+ Youth Group Network of Massachusetts, a network of over 15 community-based LGBTQ+ youth groups. The organization provides culturally competent resources and referrals for youth in need, offers training and technical assistance for parents and youth-serving professionals, and engages in community education, public policy work, and advocacy on issues affecting LGBTQ+ youth. Bagly Inc is recognized as a leading model for LGBTQ+ youth leadership, programs, services, and advocacy, having received numerous awards for its achievements.
Official website here: www.bagly.org
Who is the CEO of Bagly Inc?
Neal Minahan is the President of Bagly Inc.
Official website here: www.bagly.org
What is the revenue of Bagly Inc?
Bagly Inc's revenue in 2022 was $2,593,164.
Official website here: www.bagly.org
Who are the executives of Bagly Inc and what are their salaries?
The average compensation at Bagly Inc during 2022 was $33,840. There are 28 employees and 25 volunteers at Bagly Inc.
Here are 10 key members and their salaries:
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- Compensation: $146,447
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- Other: $8,295
- Compensation: $35,191
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- Other: $8,295
Official website here: www.bagly.org
Where can I find the form 990 for Bagly Inc?
Bagly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bagly.org
Learn more at the official website: www.bagly.org
Mission Statement of Bagly Inc
Bagly Inc, a youth-led and adult-supported organization, is committed to social justice. Its mission is centered around creating, sustaining, and advocating for programs, policies, and services focused on the LGBTQ+ community. The organization aims to cater to specific populations, including LGBTQ+ youth of color, transgender youth, and homeless or low-income youth. Bagly Inc's Boston-based programs encompass social support, youth leadership development, health promotion programming, and its new comprehensive health services clinic. The organization also manages and funds the LGBTQ+ Youth Group Network of Massachusetts, a network of over 15 community-based LGBTQ+ youth groups across Massachusetts.
In addition to its programs, Bagly Inc offers culturally competent resources and referrals for youth in need of services not provided by the organization. It also provides training and technical assistance for parents, youth-serving professionals, and organizations. Bagly Inc engages in local and national community education, public policy work, and advocacy on the issues facing LGBTQ+ youth. The organization conducts ongoing evaluation and research activities to ensure it is effectively addressing the current and emerging needs of the LGBTQ+ youth community.
Established as the oldest and largest LGBTQ+ youth organization in New England, and one of the longest-standing in the nation, Bagly Inc is widely recognized as a model for LGBTQ+ youth leadership, programs, services, and advocacy. Its staff, board members, and youth leaders have received numerous local and national awards for outstanding achievement and excellence.
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Impact
July, 2024
Bagly Inc's impact is significant in the LGBTQ+ community, particularly in supporting LGBTQ+ youth of color, transgender youth, and homeless/low-income youth. The organization, based in Boston, focuses on providing social support, youth leadership development, and health promotion programs. Additionally, they operate a comprehensive health services clinic and manage the LGBTQ+ Youth Group Network of Massachusetts, which includes over 15 community-based LGBTQ+ youth groups in the state.
Furthermore, Bagly Inc offers culturally competent resources, referrals, and training for parents and youth-serving professionals. They also engage in community education, public policy work, and advocacy on issues faced by LGBTQ+ youth. The organization's commitment to ongoing evaluation and research ensures they address the current and emerging needs of the LGBTQ+ youth community effectively.
Bagly Inc is recognized as one of the oldest and largest LGBTQ+ youth organizations in New England and a national model for LGBTQ+ youth leadership, programs, services, and advocacy. Their work has garnered numerous local and national awards for outstanding achievement and excellence, demonstrating their impactful contributions to advancing civil rights and social justice for LGBTQ+ youth.
This information is meant to be a general summary of Bagly 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 2022.
- Investment Income: $315
- Program Service Revenue: $17,849
- Gross Receipts: $2,608,478
Assets and Liabilities:
- Total Assets: $1,727,953
- Total Liabilities: $369,983
- Net Assets: $1,357,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPEAKER FEES/TRAININGS
Revenue
$17,849
Organization Details
Founding Year
1984
Phone
(617) 227-4313Principal Officer
Neal Minahan
Main Address
28 COURT SQUARE, BOSTON, MA, 02108
Website
www.bagly.orgNTEE Category
Code: R26 - Civil rights
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