Kips Bay Boys And Girls Club
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Kips Bay Boys And Girls Club meets the 20 Standards for Charity Accountability.
Stated Purpose:
To enrich and enhance the quality of life for young people by providing educational and developmental programs, with special emphasis on youngsters between ages 6-18 who come from disadvantaged or disenfranchised circumstances.
Year, State Incorporated:
1922, NY
Kips Bay Boys & Girls Club exists to assist young people in realizing and achieving their potential for growth and development utilizing our state-of-the-art facilities, trained and motivated staff, and nationally renowned programs to produce positive contributors to society. Our programming focuses on five core areas - Character and Leadership Development; Education and Career Development; Health and Life Skills; The Arts; and Sports, Fitness and Recreation. Our programs provide young people with a safe, welcoming setting in which to grow, thrive, and develop into successful adults who give back to their communities.
For the year ended September 30, 2024, Kips Bay Boys And Girls Club's program expenses were:
| Programs | $13,073,186 |
| Total Program Expenses | $13,073,186 |
Chief Executive
Daniel Quintero, Executive Director
Compensation*
$509,409
Chair of the Board
James Druckman, Community Volunteer
Chair's Profession / Business Affiliation
Board Size
22
Paid Staff Size
248
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Invitations to fund raising events, Grant proposals, Internet, Membership appeals, Appeals via Social Media (Facebook, etc.)
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 Kips Bay Boys And Girls Club's audited financial statements for the year ended September 30, 2024.
Source of Funds
| Government Support | $6,984,084 |
| Special Events | $5,255,907 |
| Investment Income | $2,747,449 |
| Foundations | $1,084,608 |
| Individuals | $647,580 |
| Camp Fees and Other Support | $449,231 |
| Corporate Support | $259,292 |
| Rental Income | $160,617 |
| Contributed Nonfinancial Assets | $66,149 |
| Miscellaneous | $9,244 |
| Camp Contributions | $8,960 |
| Total Income | $17,673,121 |
Programs: 78% Fundraising: 14% Administrative: 9%
| Total Income | $17,673,121 |
| Total expenses: | $16,856,913 |
| Program expenses | $13,073,186 |
| Fundraising expenses | $2,275,819 |
| Administrative expenses | $1,507,908 |
| Other expenses | $0 |
| Income in Excess of Expenses | $816,208 |
| Beginning Net Assets | $31,848,619 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $32,664,827 |
| Total Liabilities | $5,321,860 |
| Total Assets | $37,986,687 |
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.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Foundation of Metropolitan New York