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New York BBB Wise Giving Report for
The Boys' Club of New York

A BBB Accredited charity

 



Expiration Date:
08/2015
Name:
The Boys' Club of New York
Address:
287 East 10th Street
New York, NY 10009
Phone:
212-677-1102
Web Site:
Year, State Incorporated:
1876, New York
Affiliates:
None
Stated Purpose:
" To empower boys and young men by providing effective programs and a supportive community. "





Evaluation Conclusions
 

              
The Boys' Club of New York meets the 20 Standards for Charity Accountability.




Programs
 

              
Since 1876, The Boys’ Club of New York (BCNY) has offered New York’s young boys hope for a better future. Through its clubhouses and summer camp, BCNY builds boys into men of character with strong values, discipline, and a positive perspective. We offer programs that help boys and young men stay in school and go on to college, discover their individual musical and artistic talents, develop healthy bodies, learn leadership skills, and just have fun. For only $5 a year, our members have access to gyms, swimming pools, computer labs, music studios, and countless enriching and entertaining activities.



Governance
 

              
Chief Executive Officer:
Stephen Tosh, Executive Director
Compensation*:
$289,993
Chair of the Board:
Edward J. Rappa
Chair's Profession / Business Affiliation:
CEO-R.W. Pressprich & Co.
Board Size:
51
Paid Staff Size:
238



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals, internet
Fund raising costs were 25.2% of related contributions. (Related contributions, which totaled $4,960,495, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on The Boys' Club of New York Audited Financial Statements for the fiscal year ended September 30, 2012.

Source of Funds  

Investment return in excess of amount appropriated for operations

$5,228,698

Investment return

4,069,520

Special events (net of direct expenses)

2,598,075

Contributions

1,781,841

Food program, program fees and other

856,109

Bequests

554,855

Endowment contributions

25,724

Total Income

$15,114,822

Program Expenses  

Clubhouse activities

$7,293,926

Educational services

1,694,850

Camping

1,291,790

Physical education

590,828

Food program and other

389,798
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Other Expenses

Total expenses

Income in Excess of Expenses

11,261,192
1,248,751
1,377,443
147,771

$14,035,157

$1,079,665




Uses of Funds as a % of Total Expenses


Programs: 80%  Fund Raising: 9%  Administrative 10%  Other Expenses: 1%
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $76,880,364
Ending net assets 77,960,029
Total liabilities 6,943,364

Total assets

$84,903,393






 

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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.