Boys & Girls Clubs of Metro Richmond
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Boys & Girls Clubs of Metro Richmond meets the 20 Standards for Charity Accountability.
Stated Purpose:
“to empower young people, especially those from historically marginalized communities, to succeed in life.”
Year, State Incorporated:
1953, VA
Boys & Girls Club of Metro Richmond (BGCMR) works to assist young people in metro Richmond by helping them develop emotional skills, social connections, and the agency required to make positive decisions. The organization delivers programs through Clubs and a Teen and Community Center, strategically located in four different neighborhoods. BGCMR aims to individualize its youth-led experiences, with the goal of enabling members to cultivate their own voices for leadership and change. BGCMR seeks to prepare club members for life beyond high school through agency, integrated identity, and competencies.
For the year ended June 30, 2022, Boys & Girls Clubs of Metro Richmond's program expenses were:
| Program services, youth services | $3,196,942 |
| Total Program Expenses | $3,196,942 |
Chief Executive
Sean Miller, President & CEO
Compensation*
$213,051
Chair of the Board
William Krusen
Chair's Profession / Business Affiliation
President, Falcon Affiliates
Board Size
17
Paid Staff Size
47
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: In 2021, former BGCMR President and Chief Executive Officer, Todd McFarlane, received $213,051 in total compensation.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Radio
Fundraising costs were 17% of related contributions. (Related contributions, which totaled $3,381,476, are donations received as a result of fundraising activities.)
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.
The following information is based on Boys & Girls Clubs of Metro Richmond's audited financial statements for the year ended June 30, 2022.
Source of Funds
| Change in value of beneficial interest in charitable lead trust | $-17,744 |
| Change in value of beneficial interest in assets held by the Community Foundation for a greater Richmond | $6,187 |
| Program service fees | $6,542 |
| Miscellaneous income | $8,293 |
| Term loan forgiveness | $50,000 |
| Interest income | $63,631 |
| In-kind contributions | $180,481 |
| Paycheck Protection Program loan forgiveness | $378,000 |
| Contributions and grants | $3,200,995 |
| Total Income | $3,876,385 |
Programs: 70% Fundraising: 13% Administrative: 17%
| Total Income | $3,876,385 |
| Total expenses: | $4,540,423 |
| Program expenses | $3,196,942 |
| Fundraising expenses | $579,457 |
| Administrative expenses | $764,024 |
| Other expenses | $-33,000 |
| Income in Excess of Expenses | $-664,038 |
| Beginning Net Assets | $11,768,206 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $11,137,168 |
| Total Liabilities | $6,235,095 |
| Total Assets | $17,372,263 |
Note 1: According to BGCMR’s audited financial statements combined for the year ended June 30, 2022, the organization received in-kind contributions of $180,481 in facilities rent ($170,462) and supplies ($10,019).
Note 2: In the above financial statements, “other changes in net assets” refers to changes in the allowance on pledges and grants receivable.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Review in Progress
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Report completed by:
BBB Wise Giving Alliance