Boys And Girls Club Of New Rochelle Inc
Boys And Girls Club Of New Rochelle experiences rapid asset growth and maintains 0% officer compensation.
EIN: 131943644 · New Rochelle, NY · NTEE: O23Z · Updated: 2026-03-28
Is Boys And Girls Club Of New Rochelle Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boys And Girls Club Of New Rochelle Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys And Girls Club Of New Rochelle Inc
Boys And Girls Club Of New Rochelle Inc (EIN: 131943644) is a nonprofit organization based in New Rochelle, NY, classified under NTEE code O23Z. The organization reported total revenue of $6.1M and total assets of $20.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys And Girls Club Of New Rochelle Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys And Girls Club Of New Rochelle Inc is a mid-size nonprofit that has been operating for 63 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $4.1M |
| Surplus / Deficit | $-63,124 |
| Total Assets | $11.5M |
| Total Liabilities | $1.2M |
| Net Assets | $10.3M |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 33.4 months |
Financial Health Grade: B
In 2023, Boys And Girls Club Of New Rochelle Inc reported a deficit of $63K with expenses exceeding revenue, holds 33.4 months of operating reserves (strong position), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Boys And Girls Club Of New Rochelle Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.2% | +67.4% | +728.3% |
| 2022 | +179.8% | +69.6% | +73.7% |
| 2021 | -57.8% | -52.2% | +32.2% |
| 2020 | +11.8% | +0.8% | -15.7% |
| 2019 | +20.5% | +45.5% | -29.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boys And Girls Club Of New Rochelle Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Boys And Girls Club Of New Rochelle Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers. This is highly unusual for an organization of this size with over $6 million in revenue and $20 million in assets, suggesting either a fully volunteer leadership or that compensation is reported under different categories, which would require further clarification.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Boys And Girls Club Of New Rochelle Inc's IRS 990 filings:
- Unusually high asset growth without clear explanation in summary data, warranting further investigation into asset composition.
- Consistent 0% officer compensation for an organization of this scale, which is atypical and may obscure how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Boys And Girls Club Of New Rochelle Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds away from executive salaries.
- Significant growth in revenue and assets, demonstrating successful fundraising and increasing capacity.
- Positive net income in 2022 ($3.31M revenue vs. $2.48M expenses), indicating financial stability in that period.
Frequently Asked Questions about Boys And Girls Club Of New Rochelle Inc
Is Boys And Girls Club Of New Rochelle Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys And Girls Club Of New Rochelle Inc (EIN: 131943644) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Boys And Girls Club Of New Rochelle Inc spend its money?
Boys And Girls Club Of New Rochelle Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boys And Girls Club Of New Rochelle Inc tax-deductible?
Boys And Girls Club Of New Rochelle Inc is registered as a tax-exempt nonprofit (EIN: 131943644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the nature of the significant asset increase from $1.39M in 2022 to $11.55M in 2023, and then to $20.29M currently?
The rapid increase in assets suggests either substantial capital investments, large donations of property or endowments, or a significant accumulation of cash reserves. Further details from the full 990 forms would be needed to understand the composition of these assets (e.g., property, investments, cash).
How does the organization sustain operations with 0% officer compensation, given its size and complexity?
The consistent reporting of 0% officer compensation is highly unusual for an organization with over $6 million in revenue. This could imply that leadership roles are entirely volunteer-based, or that compensation for key management is reported under other expense categories, which would impact the true administrative cost.
What is the detailed breakdown of program, administrative, and fundraising expenses for the most recent fiscal year?
The provided data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and would be found in Part IX of the IRS Form 990.
Filing History
IRS 990 filing history for Boys And Girls Club Of New Rochelle Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Boys And Girls Club Of New Rochelle Inc's revenue has grown by 158.5%, moving from $1.6M to $4.1M. Total assets increased by 1619.8% over the same period, from $672K to $11.5M. Total functional expenses rose by 213.8%, from $1.3M to $4.1M. In its most recent filing year (2023), Boys And Girls Club Of New Rochelle Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $11.5M in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $10.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $4.1M | $11.5M | $1.2M | — | — |
| 2022 | $3.3M | $2.5M | $1.4M | $845K | — | View 990 |
| 2021 | $1.2M | $1.5M | $803K | $1.1M | — | View 990 |
| 2020 | $2.8M | $3.1M | $607K | $619K | — | — |
| 2019 | $2.5M | $3.0M | $720K | $489K | — | View 990 |
| 2018 | $2.1M | $2.1M | $1.0M | $260K | — | View 990 |
| 2017 | $1.6M | $1.7M | $982K | $236K | — | View 990 |
| 2016 | $1.4M | $1.4M | $918K | $74K | — | View 990 |
| 2015 | $1.4M | $1.3M | $841K | $7K | — | View 990 |
| 2014 | $1.4M | $1.3M | $802K | $21K | — | View 990 |
| 2013 | $1.4M | $1.4M | $683K | $29K | — | View 990 |
| 2012 | $1.6M | $1.3M | $672K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $4.1M, and assets of $11.5M (revenue +23.2% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.5M, and assets of $1.4M (revenue +179.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.5M, and assets of $803K (revenue -57.8% year-over-year).
- 2020: Revenue of $2.8M, expenses of $3.1M, and assets of $607K (revenue +11.8% year-over-year).
- 2019: Revenue of $2.5M, expenses of $3.0M, and assets of $720K (revenue +20.5% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $1.0M (revenue +31.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $982K (revenue +10.0% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $918K (revenue +6.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $841K (revenue -6.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $802K (revenue +2.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $683K (revenue -10.1% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.3M, and assets of $672K.
Data Sources and Methodology
This transparency report for Boys And Girls Club Of New Rochelle Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.