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Boys and Girls Clubs of Larimer County
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103 Smokey St
Ft Collins,
CO
80525
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GENERAL INFORMATION
Who We Are
Boys & Girls Clubs provide a safe place for youth to develop character, leadership, education, career, health, art, sports and fitness skills while becoming responsible and caring citizens.
- This organization is a 501(c)(3)
Public Charity
.
- This organization is required to file an IRS Form 990 or 990-EZ.
- Financial information in this report is derived from the organization's June 30, 2008
Form 990.
- Additional narrative information in this report was last supplied by the organization on June 5, 2002.
- Contributions are deductible, as provided by law.
Web Sitewww.bgca.org
MISSION AND PROGRAMS
Mission
The mission of Boys & Girls Clubs of America is to inspire and enable all young people, especially those from disadvantaged circumstances, to realize their full potential as productive, responsible citizens.
Programs
BGCA clubs serve school-age youth through a variety of programs including homework assistance, technology centers, teen centers, career exploration, job assistance, sports and recreation, art classes and leadership development. In addition to program development, Boys & Girls Clubs of America provides programmatic and executive training for Club professionals nationwide.
Additional Comments from the Organization
B&GCA serves some 3 million youth through 2,400 Clubs located in all 50 states, Puerto Rico, the Virgin Islands, as well as domestic and international military bases.
GOALS AND RESULTS
Accomplishments for Fiscal Year Ending December 31, 2001
- Boys & Girls Clubs of America and JCPenney launched a newsletter for parents.
- Boys & Girls Clubs of America and the National Center for Missing & Exploited Children partnered with Compaq Computer Corporation to protect kids in cyberspace.
- Boys & Girls Clubs of America was named the Rings of Gold 2001 Organization of the Year by the United States Olympic Committee.
Objectives for Fiscal Year Beginning January 1, 2002
- To continue giving young people a safe place to learn and grow.
- To continue to enhance programs in education, career preparation, technology and diversity, which will positively influence successive generations.
- Increase the capacity and quality of Boys & Girls Clubs.
FINANCIAL DATA
Revenues and Expenses: Fiscal Year Ending June 30, 2008
| REVENUE |
|
| Contributions |
$2,268,682 |
| Government Grants |
$974,647 |
| Program Services |
$24,128 |
| Investments |
$661,229 |
| Special Events |
$146,718 |
| Sales |
$0 |
| Other |
$28,178 |
| Total Revenue |
$4,103,582 |
| EXPENSES |
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| Program Services |
$876,503 |
| Administration |
$238,525 |
| Other |
$177,674 |
| Total Expenses |
$1,292,702 |
| Net Gain/Loss |
$2,810,880 |
Balance Sheet: Fiscal Year Ending June 30, 2008
Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
| ASSETS |
July 1, 2007 |
June 30, 2008 |
Change |
| Cash & Equivalent |
$846,418 |
$1,641,541 |
$795,123 |
| Accounts Receivable |
$0 |
$0 |
$0 |
| Pledges & Grants Receivable |
$927,763 |
$1,006,166 |
$78,403 |
| Receivable / Other |
$0 |
$0 |
$0 |
| Inventories for Sale of Use |
$0 |
$0 |
$0 |
| Investment/Securities |
$0 |
$0 |
$0 |
| Investment/Other |
$0 |
$0 |
$0 |
| Fixed Assets |
$6,140,500 |
$4,433,606 |
($1,706,894) |
| Other |
$449,622 |
$1,256,173 |
$806,551 |
| Total Assets |
$8,364,303 |
$8,337,486 |
($26,817) |
| LIABILITIES |
July 1, 2007 |
June 30, 2008 |
Change |
| Accounts Payable |
$35,770 |
$430,353 |
$394,583 |
| Grants Payable |
$130,000 |
$0 |
($130,000) |
| Deferred Revenue |
$26,833 |
$0 |
($26,833) |
| Loans and Notes |
$3,236,271 |
$0 |
($3,236,271) |
| Tax-Exempt Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$85,544 |
$80,893 |
($4,651) |
| Total Liabilities |
$3,514,418 |
$511,246 |
($3,003,172) |
| FUND BALANCE |
$4,849,885 |
$7,826,240 |
$2,976,355 |
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Basic Information
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EIN: |
74-2425914 |
Telephone: |
(970) 223-1709 |
Year Founded: |
Information not available |
Ruling Year: |
1988 |
Fiscal Year: |
June 30, 2008 |
Assets: |
$8,337,486 (from Jun 30, 2008 Form 990) |
Income: |
$4,103,582 (from Jun 30, 2008 Form 990) |
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