Boys And Girls Clubs Of Albany Inc
Boys And Girls Clubs Of Albany Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 141338303 · Albany, NY · NTEE: O23Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $2.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3.4M |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Boys And Girls Clubs Of Albany 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 Clubs Of Albany Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys And Girls Clubs Of Albany Inc
Boys And Girls Clubs Of Albany Inc (EIN: 141338303) is a nonprofit organization based in Albany, NY, classified under NTEE code O23Z. The organization reported total revenue of $3.5M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys And Girls Clubs Of Albany Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys And Girls Clubs Of Albany Inc is a mid-size nonprofit that has been operating for 78 years, with 9 years of IRS 990 filings on record (2010–2018). Revenue has grown at a compound annual rate of 18.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$766K |
| Total Assets | $2.0M |
| Total Liabilities | $161K |
| Net Assets | $1.9M |
| Operating Margin | 23.4% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2018, Boys And Girls Clubs Of Albany Inc reported a surplus of $766K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 9 years of filings (2010–2018), Boys And Girls Clubs Of Albany Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +67.6% | +43.2% | +63.7% |
| 2017 | +4.6% | +4.9% | +0.6% |
| 2016 | +8.3% | +13.6% | +50.5% |
| 2015 | +12.2% | +8.0% | +47.7% |
| 2014 | +60.9% | +56.8% | +46.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1948 |
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 Clubs Of Albany 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 Clubs Of Albany 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $766K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.9%.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation across all nine filings, which is highly unusual for an organization of this size and revenue ($3.4M latest revenue). This suggests either a fully volunteer executive leadership, or that compensation is reported under different categories or through a related entity, requiring a deeper review of the full 990 forms for complete transparency.
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 Clubs Of Albany Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation across all filings, which may obscure actual executive remuneration if reported elsewhere.
Strengths
The following positive indicators were identified for Boys And Girls Clubs Of Albany Inc:
- Significant and consistent revenue growth over the past decade, indicating increasing support and impact (from $856,827 in 2010 to $3,273,882 in 2018).
- Strong asset accumulation, providing financial stability and capacity (assets grew from $350,366 in 2010 to $2,045,799 in 2018).
- Healthy financial position with assets significantly exceeding liabilities (e.g., 2018 assets $2,045,799 vs. liabilities $160,673).
Frequently Asked Questions about Boys And Girls Clubs Of Albany Inc
Is Boys And Girls Clubs Of Albany Inc a legitimate charity?
Boys And Girls Clubs Of Albany Inc (EIN: 141338303) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $3.5M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Boys And Girls Clubs Of Albany Inc spend its money?
Boys And Girls Clubs Of Albany Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Boys And Girls Clubs Of Albany Inc tax-deductible?
Boys And Girls Clubs Of Albany Inc is registered as a tax-exempt nonprofit (EIN: 141338303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Boys And Girls Clubs Of Albany Inc CEO make?
Boys And Girls Clubs Of Albany Inc's highest-compensated officer earns $3.4M annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Boys And Girls Clubs Of Albany Inc's spending goes to programs?
Boys And Girls Clubs Of Albany Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boys And Girls Clubs Of Albany Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Boys And Girls Clubs Of Albany Inc is above average for NTEE category O23Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boys And Girls Clubs Of Albany Inc located?
Boys And Girls Clubs Of Albany Inc is headquartered in Albany, New York and files with the IRS under EIN 141338303. It is classified under NTEE code O23Z.
How many years of IRS 990 filings does Boys And Girls Clubs Of Albany Inc have?
Boys And Girls Clubs Of Albany Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.5M in total revenue.
How does Boys And Girls Clubs Of Albany Inc manage to report 0% officer compensation with its significant revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenue exceeding $3 million. This could indicate a volunteer-led executive team, or that executive compensation is reported under different expense categories (e.g., salaries and wages for non-officers) or through a related organization. A detailed review of the full IRS Form 990, Part VII (Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees) would be necessary to understand the complete compensation structure.
What is the specific breakdown of program, administrative, and fundraising expenses?
The summary data provided does not offer a detailed breakdown of program, administrative, and fundraising expenses. To understand the organization's spending efficiency in these specific areas, one would need to consult the full IRS Form 990, specifically Part IX (Statement of Functional Expenses).
What is the organization's strategy for managing its growing assets?
The organization has shown significant asset growth, from $350,366 in 2010 to $2,045,799 in 2018. While the data indicates a strong financial position, the specific strategy for managing these growing assets (e.g., investments, capital improvements, endowment building) is not detailed in the provided summary. This information would typically be found in the organization's financial statements or narrative sections of the full 990.
Filing History
IRS 990 filing history for Boys And Girls Clubs Of Albany Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2018), Boys And Girls Clubs Of Albany Inc's revenue has grown by 282.1%, moving from $857K to $3.3M. Total assets increased by 483.9% over the same period, from $350K to $2.0M. Total functional expenses rose by 188.9%, from $868K to $2.5M. In its most recent filing year (2018), Boys And Girls Clubs Of Albany Inc reported a surplus of $766K, with revenue exceeding expenses. The organization holds $161K in liabilities against $2.0M in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $3.3M | $2.5M | $2.0M | $161K | — | View 990 |
| 2017 | $2.0M | $1.8M | $1.2M | $98K | — | View 990 |
| 2016 | $1.9M | $1.7M | $1.2M | $293K | — | View 990 |
| 2015 | $1.7M | $1.5M | $825K | $77K | — | View 990 |
| 2014 | $1.5M | $1.4M | $559K | $68K | — | View 990 |
| 2013 | $956K | $867K | $381K | $69K | — | View 990 |
| 2012 | $726K | $686K | $316K | $93K | — | View 990 |
| 2011 | $654K | $739K | $265K | $82K | — | View 990 |
| 2010 | $857K | $868K | $350K | $82K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $3.3M, expenses of $2.5M, and assets of $2.0M (revenue +67.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.8M, and assets of $1.2M (revenue +4.6% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.7M, and assets of $1.2M (revenue +8.3% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $825K (revenue +12.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $559K (revenue +60.9% year-over-year).
- 2013: Revenue of $956K, expenses of $867K, and assets of $381K (revenue +31.7% year-over-year).
- 2012: Revenue of $726K, expenses of $686K, and assets of $316K (revenue +11.1% year-over-year).
- 2011: Revenue of $654K, expenses of $739K, and assets of $265K (revenue -23.7% year-over-year).
- 2010: Revenue of $857K, expenses of $868K, and assets of $350K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boys And Girls Clubs Of Albany Inc:
Data Sources and Methodology
This transparency report for Boys And Girls Clubs Of Albany 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.