Overview
What is Boys And Girls Club Of Hollywood Foundation?
The Boys and Girls Club of Hollywood Foundation is a nonprofit organization situated in Hollywood, California, specifically at 850 Cahuenga Boulevard, with a postal code of 90038. This organization's primary mission is to support the Boys and Girls Club of Hollywood, Inc., by meeting its financial needs. By doing so, it enables this sister organization to provide cultural, recreational, and educational activities and opportunities to the youth, particularly those from disadvantaged backgrounds, within the greater Hollywood area of Los Angeles, California. The Boys and Girls Club of Hollywood, Inc. offers these services to empower and uplift the community's youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Boys and Girls Club of Hollywood Foundation has received a 94% rating from Charity Navigator, indicating a high level of accountability and financial management. This rating is based entirely on their performance in areas like board independence, asset management, and adherence to policies, showcasing their commitment to transparency and responsible governance.
One of the organization's standout features is its 100% independent board, which demonstrates a strong commitment to ethical oversight. Additionally, the foundation has no reported material diversion of assets, and they have implemented comprehensive policies regarding conflicts of interest, whistleblowing, and document retention. Their impressive program expense ratio of 83.15% indicates that a significant portion of their funds is directed towards their programs rather than administrative expenses.
While the rating reflects a strong organizational framework, it is essential for potential donors and stakeholders to consider the specific programs and impacts of the foundation. Overall, the Boys and Girls Club of Hollywood Foundation shows a solid commitment to effective management and governance, which enhances its credibility within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Boys And Girls Club Of Hollywood Foundation legitimate?
Boys And Girls Club Of Hollywood Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys And Girls Club Of Hollywood 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 Boys And Girls Club Of Hollywood Foundation?
The Boys and Girls Club of Hollywood Foundation's mission is to aid in offering cultural, recreational, and educational activities and opportunities to youth, particularly those from disadvantaged backgrounds, in the greater Hollywood area of Los Angeles, California. This is achieved by supporting the financial needs of the Boys & Girls Club of Hollywood, Inc. Their goal is to enrich the lives of these young individuals through various engaging and educational programs.
Who is the CEO of Boys And Girls Club Of Hollywood Foundation?
Michael Malick is the President of Boys And Girls Club Of Hollywood Foundation.
What is the revenue of Boys And Girls Club Of Hollywood Foundation?
Boys And Girls Club Of Hollywood Foundation's revenue in 2022 was $84,556.
Who are the executives of Boys And Girls Club Of Hollywood Foundation and what are their salaries?
There 5 volunteers at Boys And Girls Club Of Hollywood Foundation.
Here are 5 key members and their salaries:
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- Other: $0
- Compensation: $0
- Related: $216,309
- Other: $27,043
Where can I find the form 990 for Boys And Girls Club Of Hollywood Foundation?
Boys And Girls Club Of Hollywood Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boys And Girls Club Of Hollywood Foundation
The Boys and Girls Club of Hollywood Foundation is committed to supporting the Boys and Girls Club of Hollywood, Inc., a nonprofit organization that provides cultural, recreational, and educational activities and opportunities for youth, particularly those from disadvantaged backgrounds, in the greater Hollywood area of Los Angeles, California. The Foundation's mission is to assist this organization financially, enabling it to continue its vital work in empowering young people through various engaging and enriching programs. By doing so, the Boys and Girls Club of Hollywood Foundation contributes to fostering a positive environment that fosters personal growth and development, ultimately aiming to improve the lives of the area's youth.
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Impact
October, 2024
The Boys and Girls Club of Hollywood Foundation significantly enhances the lives of youth in the greater Hollywood area by supporting cultural, recreational, and educational activities tailored for those, especially from disadvantaged backgrounds. By providing financial assistance to the Boys and Girls Club of Hollywood, the foundation enables the delivery of vital programs that foster personal growth, inspire creativity, and promote community engagement among young people.
Through these initiatives, young individuals gain access to a variety of opportunities that might otherwise be unavailable, helping to build their confidence and life skills. The foundation's efforts contribute to creating a nurturing environment where youth can thrive, develop positive relationships, and engage in constructive activities that shape their futures. Ultimately, the impact of the Boys and Girls Club of Hollywood Foundation resonates within the community, creating pathways for success and empowerment among its most vulnerable members.
This information is meant to be a general summary of Boys And Girls Club Of Hollywood 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: $67,432
- Gross Receipts: $1,188,700
Assets and Liabilities:
- Total Assets: $1,775,637
- Total Liabilities: $0
- Net Assets: $1,775,637
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Organization Details
Founding Year
1980
Phone
(323) 467-2007Principal Officer
Michael Malick
Main Address
850 CAHUENGA BOULEVARD, HOLLYWOOD, CA, 90038
NTEE Category
Code: O21Z - Youth development
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