Overview
What is Lubbock Boys' & Girls' Club Inc?
Lubbock Boys' & Girls' Club Inc is a respected nonprofit organization based in Lubbock, Texas. Established in 1940, it is a partner agency of the Lubbock Area United Way and is also a member of the Boys & Girls Clubs of America, chartered by Congress in 1956. The organization serves approximately 1,235 youth annually, providing them with educational guidance and recreational facilities. Its primary mission is to empower young individuals to reach their full potential as responsible, caring, and productive citizens. To achieve this, the club offers a range of services, including educational programs and recreational activities. Located at PO Box 94163, Lubbock, the Lubbock Boys' & Girls' Club Inc is dedicated to helping youth in the community grow and succeed.
Official website here: www.lubbockbgc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Lubbock Boys' & Girls' Club Inc has achieved a remarkable 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This four-star rating indicates that the organization demonstrates a commitment to transparency and effective financial management, which is crucial for donor trust and support. Their high scores in independent board membership and financial oversight show a well-governed organization that prioritizes the integrity of its operations.
The nonprofit boasts a fully independent board with 100% of its members being independent, highlighting its commitment to governance standards. Additionally, their financial health is commendable, with an impressive program expense ratio of 87.71%, indicating that most of their funding directly supports their programs rather than administrative costs. The organization has also implemented various essential policies, such as conflict of interest and whistleblower policies, ensuring a robust ethical framework.
While the data reflects a strong organizational structure and financial management, there are no specific limitations noted in the feedback. Overall, Lubbock Boys' & Girls' Club Inc is positioned as a reliable and efficient nonprofit, making a significant positive impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Lubbock Boys' & Girls' Club Inc legitimate?
Lubbock Boys' & Girls' Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lubbock Boys' & Girls' Club 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: $91,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $469,809
For more financial information, click here
Official website here: www.lubbockbgc.org
What is the mission statement of Lubbock Boys' & Girls' Club Inc?
The Lubbock Boys' & Girls' Club Inc's mission is centered around empowering all young individuals to reach their full potential as productive, caring, and responsible citizens. They accomplish this by providing educational guidance and recreational facilities. The organization plays a significant role in the development of youth, serving approximately 1,235 young people annually. The Lubbock Boys' & Girls' Club Inc is affiliated with the Boys & Girls Clubs of America, having been chartered by Congress in 1956. It was established in the state of Texas on July 16, 1940, and is a partner agency of the Lubbock Area United Way.
Official website here: www.lubbockbgc.org
Who is the CEO of Lubbock Boys' & Girls' Club Inc?
Tom Vermillion is the President of Lubbock Boys' & Girls' Club Inc.
Official website here: www.lubbockbgc.org
What is the revenue of Lubbock Boys' & Girls' Club Inc?
Lubbock Boys' & Girls' Club Inc's revenue in 2022 was $1,196,074.
Official website here: www.lubbockbgc.org
Who are the executives of Lubbock Boys' & Girls' Club Inc and what are their salaries?
The average compensation at Lubbock Boys' & Girls' Club Inc during 2022 was $9,680. There are 58 employees and 191 volunteers at Lubbock Boys' & Girls' Club Inc.
Here are 26 key members and their salaries:
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- Compensation: $73,881
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- Other: $17,725
Official website here: www.lubbockbgc.org
Where can I find the form 990 for Lubbock Boys' & Girls' Club Inc?
Lubbock Boys' & Girls' Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lubbockbgc.org
Learn more at the official website: www.lubbockbgc.org
Mission Statement of Lubbock Boys' & Girls' Club Inc
Lubbock Boys & Girls Club Inc is committed to empowering all young people to reach their full potential as responsible, caring, and productive citizens. Through its mission, the nonprofit organization provides educational guidance and recreational facilities, serving over 1,235 youth annually. Lubbock Boys & Girls Club Inc is a recognized member agency of the Boys & Girls Clubs of America, having been chartered by Congress in 1956. Established in Texas in 1940, the club is also a partner agency of the Lubbock Area United Way, demonstrating its commitment to the development and well-being of young people in the community.
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Impact
July, 2024
The impact of Lubbock Boys' & Girls' Club Inc is significant in empowering young people in Lubbock to realize their full potential as productive, caring, and responsible citizens. Through educational guidance and recreational facilities, the club served 1,235 youth during the past year. As a member agency of the Boys & Girls Clubs of America and a partner agency of the Lubbock Area United Way, the club plays a vital role in the youth development of the community.
This information is meant to be a general summary of Lubbock Boys' & Girls' Club 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: $602
- Program Service Revenue: $209,577
- Gross Receipts: $2,490,073
Assets and Liabilities:
- Total Assets: $4,738,455
- Total Liabilities: $105,195
- Net Assets: $4,633,260
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$209,577
Organization Details
Founding Year
1940
Phone
(806) 792-2880Principal Officer
Tom Vermillion
Main Address
PO BOX 94163, LUBBOCK, TX, 79493
Website
www.lubbockbgc.orgNTEE Category
Code: O23Z - Youth development
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