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CHARITY REVIEW
Issued: November 2024 Expires: November 2026

Madison Square Boys & Girls Club

Accredited Charity
Accredited Charity

Meets Standards

733 Third Ave
New York, NY, 10017-3204

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Madison Square Boys & Girls Club meets the 20 Standards for Charity Accountability.

Stated Purpose:

To save and enhance the lives of New York City boys and girls who by reason of economic and/or social factors are most in need of our services. 

Year, State Incorporated:
1946, NY

Madison Square Boys and Girls Club programs aim to develop competencies, instill positive values, and increase opportunities for youth to participate fully in society, often making a critical difference between a troubled and stagnant future and one of promise and achievement. Our three priority outcomes are Academic Success, Good Character & Citizenship, and Healthy Lifestyles.

Academic Success: The goal of Madison's education programming is to provide a seamless framework of enhanced services that ensures that members become engaged in learning as early as possible, and continue to receive much-needed resources, guidance, and support as they progress academically and socially from early childhood to late adolescence. Our educational programs complement regular school-day activities, enhance academic performance, foster positive study habits, and encourage self-discipline, keeping youth on track as they transition through school and on to college. Specific programs include: Power Hour, Explorers Academy, DIY-STEM, Summer Brain Gain, Project Graduate Program, College Success Initiative, the Technology Program, among others.

Good Character & Citizenship: Madison delivers comprehensive youth development services with the goals of members becoming involved in their communities and demonstrating strong character. Through Torch Club (ages 10 to 12) and Keystone Club (ages 13 to 18), youth engage in community service and leadership opportunities that inspire strong character development, instill a sense of personal and community responsibility while helping build effective, positive strategies for responding to conflict. SMART Girls and Passport to Manhood are gender-specific initiatives for middle-school youth designed to empower participants to make smart decisions when confronted with peer pressure and find support during this critical stage of their development. Last, Youth of the Year is Madison’s premier leadership program, honoring outstanding youth who demonstrate academic excellence, community involvement and personal contribution to the Clubhouse.

Healthy Lifestyles: Madison's Healthy Lifestyles programming aims to educate youth on the importance of a healthy lifestyle and to cultivate their capacity to engage in positive behaviors that nurture their well-being. Our signature program, Triple Play: A Game Plan for the Mind, Body and Soul, is a holistic approach to teach youth about nutrition, encourage physical fitness, and instill in our members positive decision making that will have a tangible impact on their physical, social, and emotional development. In addition, Madison offers basketball leagues, a comprehensive aquatics program at two of our Clubs, and Youth Empowerment, an evidence-based program that helps young people resist drug, alcohol and tobacco use, make positive decisions and reduce stress levels.

For the year ended September 30, 2023, Madison Square Boys & Girls Club's program expenses were:

Academic Success $4,309,763
Healthy Lifestyles $2,958,213
Good Character & Citizenship $1,831,642
Total Program Expenses $9,099,618

Chair's Profession / Business Affiliation
Not disclosed

Board Size
34

Paid Staff Size
179

Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Membership appeals, Appeals via Social Media (Facebook, etc.), Solicitations for Used Cars

% of Related Contributions on Fundraising: 15.13%

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 Madison Square Boys & Girls Club's audited financial statements for the year ended September 30, 2023.

Source of Funds
Investment income (loss) $7,571,429
Contributions $4,943,990
Special events (includes in-kind contributions) $2,530,670
New York State Office of Alcoholism and Substance Abuse Services $600,000
New York City Department of Youth and Community Development $500,000
Loan interest income $370,968
Rental income $257,327
In-kind contributions $249,621
New York State CACFP/Food Program $203,945
New York State Office of Children and Family Services $196,400
Change in value of beneficial interest in trusts $154,980
Other government grants $134,600
Income from trusts $97,556
Program fees $225
Total Income $17,811,711

Programs: 66% Fundraising: 9% Administrative: 25%

Total Income $17,811,711
Total expenses: $13,697,340
  Program expenses $9,099,618
  Fundraising expenses $1,189,051
  Administrative expenses $3,408,671
  Other expenses $0
Income in Excess of Expenses $4,114,371
Beginning Net Assets $78,247,801
Other Changes In Net Assets $-21,665,996
Ending Net Assets $60,696,176
Total Liabilities $72,039,195
Total Assets $132,735,371

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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Report completed by:
BBB Foundation of Metropolitan New York