Boys And Girls Clubs Of Schenectady Inc
Boys And Girls Clubs Of Schenectady Inc maintains strong assets despite recent operational deficits.
EIN: 141364595 · Schenectady, NY · NTEE: O230 · Updated: 2026-03-28
Is Boys And Girls Clubs Of Schenectady 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 Schenectady Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys And Girls Clubs Of Schenectady Inc
Boys And Girls Clubs Of Schenectady Inc (EIN: 141364595) is a nonprofit organization based in Schenectady, NY, classified under NTEE code O230. The organization reported total revenue of $3.9M and total assets of $20.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys And Girls Clubs Of Schenectady Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boys And Girls Clubs Of Schenectady Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Boys And Girls Clubs Of Schenectady Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly unusual for an organization of this size with assets exceeding $19 million.
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 Schenectady Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($3,673,156 vs $2,866,966), indicating an operational deficit.
- Consistent 0% officer compensation for an organization of this size and asset base is unusual and may warrant further inquiry into how leadership is compensated or if it's reported differently.
Strengths
The following positive indicators were identified for Boys And Girls Clubs Of Schenectady Inc:
- Strong and growing asset base, reaching $19,254,965 in 2023, demonstrating long-term financial health.
- Consistent filing of IRS 990s over 13 periods, indicating high transparency.
- Low liabilities relative to assets, with $93,919 in 2023, suggesting good debt management.
- Significant revenue generation, with a peak of $9,963,650 in 2017, showing fundraising capacity.
- Implied strong program spending given the 0% officer compensation and mission focus.
Frequently Asked Questions about Boys And Girls Clubs Of Schenectady Inc
Is Boys And Girls Clubs Of Schenectady Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys And Girls Clubs Of Schenectady Inc (EIN: 141364595) some concerns. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
How does Boys And Girls Clubs Of Schenectady Inc spend its money?
Boys And Girls Clubs Of Schenectady Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boys And Girls Clubs Of Schenectady Inc tax-deductible?
Boys And Girls Clubs Of Schenectady Inc is registered as a tax-exempt nonprofit (EIN: 141364595). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Boys And Girls Clubs Of Schenectady Inc a good charity?
Based on the available data, the organization appears to be a good charity, demonstrating strong program focus, significant assets, and high transparency through consistent 990 filings and 0% reported officer compensation.
Why did expenses exceed revenue in 2023?
In 2023, expenses were $3,673,156 while revenue was $2,866,966, resulting in an operational deficit. The specific reasons for this deficit are not detailed in the summary data but could be due to increased program costs, one-time expenditures, or a temporary dip in fundraising.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, increasing from $6,657,220 in 2016 to $19,254,965 in 2023, indicating strong financial growth and stability over the long term.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that either executive leadership is entirely volunteer-based, compensated by a related entity, or that compensation is reported under other expense categories. While it indicates a direct allocation of funds to mission, it warrants further investigation for complete understanding.
Is the organization financially stable despite recent deficits?
Despite the operational deficit in 2023, the organization's substantial asset base of $19,254,965 provides a significant buffer, suggesting overall financial stability and capacity to absorb short-term fluctuations.
Filing History
IRS 990 filing history for Boys And Girls Clubs Of Schenectady Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boys And Girls Clubs Of Schenectady Inc's revenue has grown by 54.8%, moving from $1.9M to $2.9M. Total assets increased by 257.8% over the same period, from $5.4M to $19.3M. Total functional expenses rose by 88.9%, from $1.9M to $3.7M. In its most recent filing year (2023), Boys And Girls Clubs Of Schenectady Inc reported a deficit of $806K, with expenses exceeding revenue. The organization holds $94K in liabilities against $19.3M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $19.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.7M | $19.3M | $94K | — | View 990 |
| 2022 | $4.2M | $3.5M | $19.1M | $192K | — | View 990 |
| 2021 | $3.9M | $3.2M | $19.9M | $108K | — | View 990 |
| 2020 | $6.3M | $3.1M | $18.6M | $171K | — | — |
| 2019 | $3.3M | $3.6M | $18.5M | $3.8M | — | View 990 |
| 2018 | $3.8M | $3.4M | $18.5M | $5.1M | — | View 990 |
| 2017 | $10.0M | $2.9M | $14.3M | $226K | — | — |
| 2016 | $2.7M | $2.7M | $6.7M | $63K | — | View 990 |
| 2015 | $2.5M | $2.5M | $6.6M | $170K | — | View 990 |
| 2014 | $2.6M | $2.7M | $6.6M | $48K | — | View 990 |
| 2013 | $2.4M | $2.3M | $6.7M | $79K | — | View 990 |
| 2012 | $2.4M | $2.0M | $6.3M | $136K | — | View 990 |
| 2011 | $1.9M | $1.9M | $5.4M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.7M, and assets of $19.3M (revenue -31.9% year-over-year).
- 2022: Revenue of $4.2M, expenses of $3.5M, and assets of $19.1M (revenue +8.6% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.2M, and assets of $19.9M (revenue -38.7% year-over-year).
- 2020: Revenue of $6.3M, expenses of $3.1M, and assets of $18.6M (revenue +90.6% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.6M, and assets of $18.5M (revenue -12.9% year-over-year).
- 2018: Revenue of $3.8M, expenses of $3.4M, and assets of $18.5M (revenue -61.8% year-over-year).
- 2017: Revenue of $10.0M, expenses of $2.9M, and assets of $14.3M (revenue +274.7% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.7M, and assets of $6.7M (revenue +8.3% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.5M, and assets of $6.6M (revenue -4.1% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.7M, and assets of $6.6M (revenue +6.4% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.3M, and assets of $6.7M (revenue -0.4% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.0M, and assets of $6.3M (revenue +30.4% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $5.4M.
Data Sources and Methodology
This transparency report for Boys And Girls Clubs Of Schenectady 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.