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Boys & Girls Club Of Hobbs Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850170908 ✦ Hobbs, NM ✦ Designated as a 501(c)(3)

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Overview

What is Boys & Girls Club Of Hobbs Inc?

Boys & Girls Club of Hobbs Inc is a nonprofit organization situated in Hobbs, serving over 2,500 youth between the ages of 6 and 12. Their primary goal is to offer a diverse range of educational and recreational activities, encompassing health and physical education, citizenship and leadership development, personal growth, social engagement, cultural enrichment, and outdoor exploration. The organization's mission is centered around providing a conducive environment for youth development, fostering their growth and learning through various programs and initiatives.


Official website here: www.bgchkid.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, Overall Score: 71%)

The Boys & Girls Club of Hobbs Inc exhibits a strong commitment to accountability and finance, achieving a perfect score in these areas. With 100% of its board members being independent and a well-documented governance structure, the organization demonstrates a solid foundation for oversight and transparency. Their financial statements are well-managed, indicating a responsible approach to asset management, as highlighted by the absence of material diversion of assets.

Despite its strengths in governance and financial practices, the organization faces challenges in its financial health indicators. The liabilities to assets ratio of 77.84% suggests potential financial risk, while the program expense ratio of 58.79% points to a concern about the proportion of funds allocated to program services versus administrative expenses. These issues contribute to the overall "Needs Improvement" rating.

In terms of leadership, Mike Clampitt, the Executive Director, earns a salary of $95,607, which reflects the compensation typical for similar roles in nonprofit organizations. While the administrative practices are well-documented, the organization would benefit from improving its financial ratios to enhance its operational effectiveness and overall mission impact.


This AI summary has been generated from information found on Charity Navigator.

Is Boys & Girls Club Of Hobbs Inc legitimate?

Boys & Girls Club Of Hobbs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys & Girls Club Of Hobbs 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: $933,557

For more financial information, click here


Official website here: www.bgchkid.org

What is the mission statement of Boys & Girls Club Of Hobbs Inc?

The Boys & Girls Club of Hobbs Inc is dedicated to offering a wide range of activities and education for youth between the ages of 6 and 12. Their mission encompasses providing health and physical education, fostering citizenship and leadership development, promoting educational and personal growth, encouraging social recreation, enriching cultures, and offering outdoor and environmental education. The primary objective of these programs is to engage and educate young individuals, aiming to contribute positively to their overall development.


Official website here: www.bgchkid.org

Who is the CEO of Boys & Girls Club Of Hobbs Inc?

Misty Funk is the Director of Boys & Girls Club Of Hobbs Inc.


Official website here: www.bgchkid.org

What is the revenue of Boys & Girls Club Of Hobbs Inc?

Boys & Girls Club Of Hobbs Inc's revenue in 2022 was $1,493,218.


Official website here: www.bgchkid.org

Who are the executives of Boys & Girls Club Of Hobbs Inc and what are their salaries?

The average compensation at Boys & Girls Club Of Hobbs Inc during 2022 was $17,288. There are 54 employees and 130 volunteers at Boys & Girls Club Of Hobbs Inc.


Here are 18 key members and their salaries:


Aksana Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Strickland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mosley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Fadke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Caton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Henry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wallach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Paul Henderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meagan Campos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tres Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenise Dahlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mcvay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Clampitt (Executive Director)
  • Compensation: $95,607
  • Related: $0
  • Other: $40,947


Official website here: www.bgchkid.org

Where can I find the form 990 for Boys & Girls Club Of Hobbs Inc?

Boys & Girls Club Of Hobbs Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bgchkid.org

Learn more at the official website: www.bgchkid.org

Mission Statement of Boys & Girls Club Of Hobbs Inc

Boys & Girls Club of Hobbs Inc is committed to offering a diverse range of activities and education for youth aged between 6 and 12. Their primary mission is to promote health and physical well-being, foster leadership skills, develop citizenship qualities, enhance educational and personal growth, encourage social recreation, and enrich cultural experiences for these young individuals. The organization provides programs that focus on outdoor and environmental education, ensuring that the youth have ample opportunities to learn and grow in a holistic manner. Their ultimate goal is to empower these young minds, preparing them for a successful future.

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Impact




July, 2024

The Boys & Girls Club Of Hobbs Inc impacts the lives of over 2,500 youth aged 6-12 in Hobbs, NM by providing a wide range of activities and education programs. They offer health and physical education, citizenship and leadership development, educational and personal development, social recreation, cultural enrichment, and outdoor and environmental education. Through these programs, the organization strives to empower the youth, foster their growth, and provide them with valuable skills and experiences. The impact of the Boys & Girls Club Of Hobbs Inc can be seen in the positive development of the youth they serve, contributing to their overall well-being and future success.




This information is meant to be a general summary of Boys & Girls Club Of Hobbs 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.

Revenue
$1,493,218 (2022)
Expenses
$2,328,491 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30,791
  • Program Service Revenue: $820,050
  • Gross Receipts: $1,598,344

Assets and Liabilities:

  • Total Assets: $9,465,207
  • Total Liabilities: $7,369,578
  • Net Assets: $2,095,629

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENU

Revenue

$820,050

Organization Details

Founding Year

1964

Principal Officer

Misty Funk

Main Address

301 E BROADWAY ST, HOBBS, NM, 88240

NTEE Category

Code: O23Z - Youth development

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