Overview
What is The Boys Club Of Wichita Falls Inc?
The Boys Club of Wichita Falls Inc, operating under the name Boys & Girls Clubs of Wichita Falls, is a dedicated nonprofit organization situated in Wichita Falls, Texas. Serving over 4,000 young individuals annually, they manage four local clubs, a full-service camp, and an athletic fields complex. The organization offers after-school transportation, meals, mentorship, homework assistance, athletic leagues, character development, and access to technology and arts. Their programs aim to provide children and teens with high-quality out-of-school time activities, preventing them from engaging in risky or unhealthy behaviors when unsupervised. With a mission to empower all young people, particularly those in need, the Boys & Girls Clubs of Wichita Falls focuses on fostering the development of responsible and caring adults. Despite less than 4% of their budgeted revenue originating from youth memberships and program fees, scholarships are provided to those in financial need, ensuring no financial barriers hinder youth participation.
Official website here: www.bgcwf.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
The Boys Club of Wichita Falls, operating as the Boys & Girls Clubs of Wichita Falls, has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating exceptional financial health and transparency. With an overall score of 97%, the organization demonstrates strong accountability and financial practices, ensuring that donations are utilized effectively to support its mission.
One of the notable strengths of this nonprofit is its governance structure, consisting entirely of independent board members, which enhances its credibility and decision-making integrity. The organization scores full points across various accountability metrics, including having a robust audit and oversight committee, comprehensive conflict of interest policies, and a solid whistleblower policy, showcasing its commitment to ethical operations.
Limitations mentioned in the data are minimal, with no reported material diversions of assets and an impressive program expense ratio of nearly 82%, indicating that the majority of its funds are directed toward programming rather than administrative costs. Overall, the Boys & Girls Clubs of Wichita Falls appear to be a well-managed organization with a strong focus on its core mission of serving youth in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Boys Club Of Wichita Falls Inc legitimate?
The Boys Club Of Wichita Falls Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boys Club Of Wichita Falls 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: $116,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $942,349
For more financial information, click here
Official website here: www.bgcwf.com
What is the mission statement of The Boys Club Of Wichita Falls Inc?
The Boys Club of Wichita Falls Inc, operating as Boys & Girls Clubs of Wichita Falls, has a mission to inspire and empower all young people, particularly those in need, to reach their full potential as responsible, productive, and caring adults. The organization serves over 4,000 children annually. Despite less than 4% of its budgeted revenue coming from youth memberships and program fees, it ensures financial accessibility for its members by offering scholarships to those in financial need. The club aims to fully support its mission, engaging with the community to foster the growth and development of its youth members.
Official website here: www.bgcwf.com
Who is the CEO of The Boys Club Of Wichita Falls Inc?
Michael Valverde is the President of The Boys Club Of Wichita Falls Inc.
Official website here: www.bgcwf.com
What is the revenue of The Boys Club Of Wichita Falls Inc?
The Boys Club Of Wichita Falls Inc's revenue in 2022 was $4,693,472.
Official website here: www.bgcwf.com
Who are the executives of The Boys Club Of Wichita Falls Inc and what are their salaries?
The average compensation at The Boys Club Of Wichita Falls Inc during 2022 was $22,052. There are 48 employees and 200 volunteers at The Boys Club Of Wichita Falls Inc.
Here are 33 key members and their salaries:
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Official website here: www.bgcwf.com
Where can I find the form 990 for The Boys Club Of Wichita Falls Inc?
The Boys Club Of Wichita Falls Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bgcwf.com
Learn more at the official website: www.bgcwf.com
Mission Statement of The Boys Club Of Wichita Falls Inc
The Boys Club of Wichita Falls Inc, also known as Boys & Girls Clubs of Wichita Falls, is committed to inspiring and empowering young people, especially those who require additional support, to achieve their full potential as responsible, productive, and caring adults. With a mission to engage, attain, and fully support its objectives, the nonprofit organization serves over 4,000 children annually.
The Boys Club of Wichita Falls recognizes that financial barriers may prevent some youth from participating in its programs and activities. To address this issue, the organization offers scholarships to those in need, ensuring that economic circumstances do not hinder their participation. By doing so, the nonprofit is able to maintain its mission, which is less than 4% dependent on youth membership fees and program revenues. This dedication to removing financial barriers allows the organization to provide a nurturing environment for young people to grow and develop, ultimately realizing their full potential.
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Impact
July, 2024
The Boys & Girls Clubs of Wichita Falls have a significant impact on the community by serving over 4,000 children annually through their various programs and facilities. These clubs provide essential services such as after-school transportation, meals, homework assistance, athletic leagues, character development, and access to technology and the arts. By offering quality out-of-school time programming, the organization helps keep youth supervised and engaged in positive activities, reducing the risk of them engaging in unsafe behaviors. The targeted program outcomes of academic success, character development, and a healthy lifestyle further support their mission of inspiring and enabling young people to reach their full potential as productive, responsible, and caring adults. With a commitment to providing financial assistance through scholarships, the Boys & Girls Clubs ensure that no economic barriers hinder youth participation in their programs. This dedication to youth development demonstrates the organization's significant impact on helping children in need thrive and succeed in Wichita Falls.
This information is meant to be a general summary of The Boys Club Of Wichita Falls 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: $311,739
- Program Service Revenue: $114,630
- Gross Receipts: $4,693,472
Assets and Liabilities:
- Total Assets: $10,304,854
- Total Liabilities: $54,240
- Net Assets: $10,250,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMP FEES
Revenue
$19,525
Membership Dues & Assessments
Revenue
$24,570
SPORTS
Revenue
$68,157
TEEN COURT FEES
Revenue
$2,378
Organization Details
Founding Year
1929
Phone
(940) 322-2012Principal Officer
Michael Valverde
Main Address
1318 SIXTH STREET, WICHITA FALLS, TX, 76301
Website
www.bgcwf.comNTEE Category
Code: O20 - Youth development
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