GOLD2024

Boys & Girls Club of Garfield, Inc.

Great Futures Start Here

aka Boys & Girls Club of Garfield   |   Garfield, NJ   |  http://www.bgcgarfield.org
GuideStar Charity Check

Boys & Girls Club of Garfield, Inc.

EIN: 22-1660518


Mission

The mission of Boys & Girls Club of Garfield is to inspire and enable all young people, especially those who need us most, to realize their full potential as productive, responsible citizens.

Ruling year info

1963

CEO

Mr. Shane Sudol

Main address

490 Midland Ave

Garfield, NJ 07026 USA

Show more contact info

EIN

22-1660518

Subject area info

Youth services

Population served info

Children and youth

Girls

Boys

NTEE code info

Boys and Girls Clubs (Combined) (O23)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Youth Development

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.

Population(s) Served
Children and youth

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Club aims to provide an impact in the lives of the youth we serve. A positive and resourceful Club experience that includes programming that measures its effectiveness while equipping our youth with the skills to advance in life.

1. Recruit, Train and Retain strong youth development professionals.\r\n2. Provide the needed supplies and equipment for our staff and kids to thrive in. \r\n3. Raise dollars and restrict them for program/staff development.

The Club has put a dedicated management team in place. A Board under development who are committed to the success of the organization.

The Club is under the leadership of a CEO who has been in the Boys & Girls Club movement for 13 years. Has been with this organization for 8 and a half years. The Club is in the process of creating an impacting Club experience for all. We successfully re-opened the Club on June 1st, 2020 after closing for 75 days due to COVID-19. On June 1st when we re-opened we were the first Boys & Girls Club to re-open in Bergen County.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

Financials

Boys & Girls Club of Garfield, Inc.
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 Audit 2021 Henry Murphy
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

4.16

Average of 1.48 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

4.7

Average of 3.6 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

14%

Average of 14% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Boys & Girls Club of Garfield, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Boys & Girls Club of Garfield, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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 survive long, but the types of assets and liabilities must also 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.

Fiscal year ending: cloud_download Download Data

Boys & Girls Club of Garfield, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Boys & Girls Club of Garfield, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $94,119 $213,891 $80,194 $316,877 $242,749
As % of expenses 11.3% 24.1% 10.9% 31.2% 15.3%
Unrestricted surplus (deficit) after depreciation -$27,661 $111,905 -$11,855 $221,795 $161,807
As % of expenses -2.9% 11.3% -1.4% 20.0% 9.7%
Revenue composition info
Total revenue (unrestricted & restricted) $924,003 $1,101,431 $812,986 $1,331,532 $1,833,169
Total revenue, % change over prior year 26.8% 19.2% -26.2% 63.8% 37.7%
Program services revenue 79.7% 65.1% 50.1% 47.6% 40.2%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 2.5% 5.8% 18.0% 33.3% 48.2%
All other grants and contributions 11.3% 9.4% 18.3% 9.4% 4.9%
Other revenue 6.5% 19.7% 13.7% 9.7% 6.6%
Expense composition info
Total expenses before depreciation $829,882 $887,539 $732,793 $1,014,657 $1,590,420
Total expenses, % change over prior year 30.2% 6.9% -17.4% 38.5% 56.7%
Personnel 50.4% 56.4% 60.5% 54.9% 67.9%
Professional fees 3.4% 3.2% 3.7% 6.7% 1.8%
Occupancy 15.7% 14.5% 14.2% 16.4% 10.1%
Interest 1.0% 0.8% 0.8% 0.5% 0.3%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 29.6% 25.1% 20.8% 21.5% 19.9%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $951,662 $989,525 $824,842 $1,109,739 $1,671,362
One month of savings $69,157 $73,962 $61,066 $84,555 $132,535
Debt principal payment $22,841 $23,632 $24,760 $25,868 $27,004
Fixed asset additions $0 $102,953 $0 $0 $121,007
Total full costs (estimated) $1,043,660 $1,190,072 $910,668 $1,220,162 $1,951,908

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 3.9 4.6 4.7 5.2 4.7
Months of cash and investments 3.9 4.6 4.7 5.2 4.7
Months of estimated liquid unrestricted net assets 0.7 1.8 2.7 4.8 3.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $270,470 $342,995 $287,498 $442,514 $624,479
Investments $0 $0 $0 $0 $0
Receivables $25,648 $32,160 $105,437 $225,208 $138,869
Gross land, buildings, equipment (LBE) $2,775,495 $2,807,444 $2,836,742 $2,767,430 $3,007,774
Accumulated depreciation (as a % of LBE) 65.3% 65.6% 68.2% 69.0% 70.2%
Liabilities (as a % of assets) 18.2% 14.9% 13.1% 11.5% 9.4%
Unrestricted net assets $835,844 $947,749 $935,894 $1,157,689 $1,319,496
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $200,000 N/A N/A N/A N/A
Total restricted net assets $200,000 $200,000 $200,000 $200,000 $200,000
Total net assets $1,035,844 $1,147,749 $1,135,894 $1,357,689 $1,519,496

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

CEO

Mr. Shane Sudol

Number of employees

Source: IRS Form 990

Boys & Girls Club of Garfield, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Boys & Girls Club of Garfield, Inc.

Board of directors
as of 01/18/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Zvonko Veskov

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 5/12/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data