Overview
What is Springfield Boys & Girls Club Foundation?
The Springfield Boys & Girls Club Foundation is a nonprofit organization situated in Springfield, Illinois, specifically at 300 South 15th Street. Its primary mission is to support the activities of the Boys & Girls Clubs of Central Illinois. This support encompasses safeguarding funds and working towards increasing the principal balance, thereby fostering the growth of resources available for the organization's operations. The foundation's purpose is to contribute positively to the well-being of boys and girls within the Central Illinois region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Springfield Boys & Girls Club Foundation has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its financial practices. The overall score is based solely on the Accountability & Finance beacon, where the organization demonstrates strengths such as having a fully independent board and strong policies related to conflict of interest, whistleblowing, and document retention.
Despite these strengths, the organization has a concerning liability to assets ratio of 0.00%, indicating potential financial instability. Additionally, the program expense ratio is also reported as 0.00%, which raises questions about the organization's investment in its programs and services. These factors have heavily influenced the overall low rating, signaling a need for improved financial management and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Springfield Boys & Girls Club Foundation legitimate?
Springfield Boys & Girls Club Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springfield Boys & Girls Club Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Springfield Boys & Girls Club Foundation?
The Springfield Boys & Girls Club Foundation's mission is centered around unifying and expanding the resources at their disposal to bolster the activities of the Boys & Girls Clubs of Central Illinois. A significant part of their mission involves safeguarding the funds and aiming to increase the principal balance. Their primary objective is to provide support benefiting the Boys & Girls Clubs of Central Illinois.
Who is the CEO of Springfield Boys & Girls Club Foundation?
Kevin Lust is the Trustee of Springfield Boys & Girls Club Foundation.
What is the revenue of Springfield Boys & Girls Club Foundation?
Springfield Boys & Girls Club Foundation's revenue in 2022 was $27,505.
Who are the executives of Springfield Boys & Girls Club Foundation and what are their salaries?
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Springfield Boys & Girls Club Foundation?
Springfield Boys & Girls Club Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Springfield Boys & Girls Club Foundation
The Springfield Boys & Girls Club Foundation is dedicated to unifying and expanding the resources available to support the activities of the Boys & Girls Clubs of Central Illinois. Their primary mission is to safeguard funds and work towards increasing the principal balance, ultimately aiming to enhance the overall capabilities of this esteemed organization. By doing so, the Springfield Boys & Girls Club Foundation plays a vital role in contributing to the well-being and growth of the Boys & Girls Clubs of Central Illinois, thereby benefiting the children and youth in their care.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Springfield Boys & Girls Club Foundation plays a crucial role in enhancing the resources available to support the activities of the Boys & Girls Clubs of Central Illinois. By unifying various resources and focusing on the growth of funds, the foundation helps safeguard financial stability and promote sustainable development for youth programs in the region. Its commitment to providing comprehensive support fosters an environment where local youth can thrive, contributing to their overall development and well-being. Through its efforts, the foundation strengthens the community by ensuring that the Boys & Girls Clubs can continue to deliver valuable programs that empower youth and inspire positive change.
This information is meant to be a general summary of Springfield Boys & Girls Club Foundation. 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: $24,368
- Gross Receipts: $27,505
Assets and Liabilities:
- Total Assets: $1,027,064
- Total Liabilities: $0
- Net Assets: $1,027,064
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1990
Phone
(217) 546-5418Principal Officer
Kevin Lust
Main Address
300 SOUTH 15TH STREET, SPRINGFIELD, IL, 62703
NTEE Category
Code: O20 - Youth development
If you are a representative of Springfield Boys & Girls Club Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.