Overview
What is Boys And Girls Clubs Of Bay County Foundation Inc?
Boys and Girls Clubs of Bay County Foundation Inc is a nonprofit organization situated in Bay City, Michigan, specifically at 300 Lafayette Street. Its primary mission is to collect and manage funds for charitable purposes, specifically to support the programs at the Boys and Girls Clubs of the Great Lakes Bay Region. By doing so, it contributes to the betterment of children and youth in the local community by providing them with essential resources and opportunities. The foundation's activities are focused on ensuring the success of programs at the Boys and Girls Clubs, thereby contributing positively to the lives of children in the area.
Official website here: www.bcclubs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
The Boys and Girls Clubs of Bay County Foundation Inc has received a One-Star rating, indicating significant concerns regarding its financial health and accountability. The overall score is primarily based on the Accountability & Finance beacon, which measures key aspects of transparency and effective management. While the charity scores well on having an independent board and relevant policies, the financial metrics reveal a troubling picture, especially with a 0.00% program expense ratio.
Strengths of the organization include a fully independent board and the presence of policies related to conflict of interest and whistleblower protections. These factors contribute positively to its governance and commitment to ethical practices, earning full points in these areas. However, the lack of program expenses raises questions about the allocation of resources toward its intended charitable activities.
The absence of financial expenditures on programs suggests a need for improvement in how funds are utilized to serve the community. Without program expenses, the foundation may struggle to demonstrate its impact effectively, which could deter potential donors who seek to support organizations that deliver measurable results. Overall, while there are commendable governance practices in place, the organization's financial performance necessitates serious attention.
This AI summary has been generated from information found on Charity Navigator.
Is Boys And Girls Clubs Of Bay County Foundation Inc legitimate?
Boys And Girls Clubs Of Bay County Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys And Girls Clubs Of Bay County Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bcclubs.org
What is the mission statement of Boys And Girls Clubs Of Bay County Foundation Inc?
The Boys and Girls Clubs of Bay County Foundation Inc's mission is centered around raising and managing funds for charitable purposes. Specifically, these funds are utilized to support the programs offered at the Boys and Girls Clubs of the Great Lakes Bay Region. By administering these funds, the foundation aims to contribute positively to the development and well-being of the youth within these programs. The investment and distribution of funds are crucial to the success of the programs and the children they serve. Overall, the foundation's role is to provide financial support for the endeavors of the Boys and Girls Clubs in the Great Lakes Bay Region.
Official website here: www.bcclubs.org
What is the revenue of Boys And Girls Clubs Of Bay County Foundation Inc?
Boys And Girls Clubs Of Bay County Foundation Inc's revenue in 2024 was $202,154.
Official website here: www.bcclubs.org
Who are the executives of Boys And Girls Clubs Of Bay County Foundation Inc and what are their salaries?
There 5 volunteers at Boys And Girls Clubs Of Bay County Foundation Inc.
Here are 8 key members and their salaries:
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Official website here: www.bcclubs.org
Where can I find the form 990 for Boys And Girls Clubs Of Bay County Foundation Inc?
Boys And Girls Clubs Of Bay County Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bcclubs.org
Learn more at the official website: www.bcclubs.org
Mission Statement of Boys And Girls Clubs Of Bay County Foundation Inc
Boys and Girls Clubs of Bay County Foundation Inc is dedicated to collecting and managing funds for charitable purposes, specifically supporting the programs offered at the Boys and Girls Clubs of the Great Lakes Bay Region. This nonprofit organization's mission is to ensure the success of the programs provided by the Boys and Girls Clubs, thereby positively impacting the lives of the children and youth they serve. They oversee the investment and distribution of funds to ensure that the programs are well-funded and able to provide the necessary support to the community's young people. By supporting the Boys and Girls Clubs, the Foundation is contributing to the overall development and well-being of the children in the region.
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Impact
October, 2024
Boys And Girls Clubs Of Bay County Foundation Inc plays a pivotal role in enhancing the lives of young people in the Great Lakes Bay region by investing in and distributing funds that support vital programs. Their work focuses on youth development, creating safe and nurturing environments where children can thrive academically, socially, and emotionally.
By administering financial resources, the foundation significantly contributes to a variety of programs that offer mentorship, educational opportunities, and recreational activities. This support not only helps to ensure that the clubs can provide essential services and resources but also fosters personal growth and community engagement among youth. The impact of their efforts resonates throughout Bay City and beyond, empowering a generation of young people to realize their full potential and become active, responsible members of society.
This information is meant to be a general summary of Boys And Girls Clubs Of Bay County Foundation 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 2024.
- Investment Income: $202,154
- Gross Receipts: $202,154
Assets and Liabilities:
- Total Assets: $1,673,932
- Total Liabilities: $0
- Net Assets: $1,673,932
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Organization Details
Founding Year
1958
Principal Officer
Fred Cook
Website
www.bcclubs.orgNTEE Category
Code: O110 - Youth development
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