Boys And Girls Village Inc
Boys And Girls Village Inc: Strong Financials, High Program Spending
EIN: 222562827 · Milford, CT · NTEE: P730 · Updated: 2026-04-04
Is Boys And Girls Village Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boys And Girls Village Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys And Girls Village Inc
Boys And Girls Village Inc (EIN: 222562827) is a nonprofit organization based in Milford, CT, classified under NTEE code P730. The organization reported total revenue of $30.5M and total assets of $48.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys And Girls Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys And Girls Village Inc is a large nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26.2M |
| Total Expenses | $25.2M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $45.0M |
| Total Liabilities | $5.9M |
| Net Assets | $39.1M |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 13.2% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, Boys And Girls Village Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 13.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boys And Girls Village Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.1% | +5.5% | +4.0% |
| 2022 | -24.6% | -1.8% | -4.6% |
| 2021 | +16.2% | -5.8% | +12.8% |
| 2020 | +4.4% | +9.6% | +13.6% |
| 2019 | -9.7% | +5.8% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Village 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Boys And Girls Village Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees in the summarized data.
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.
Strengths
The following positive indicators were identified for Boys And Girls Village Inc:
- Consistently high program spending, averaging 88% of total expenses in the latest filing.
- Healthy asset growth from $20,950,280 in 2016 to $45,020,412 in 2023.
- Positive net assets/fund balances across all reported years, indicating financial stability.
Frequently Asked Questions about Boys And Girls Village Inc
Is Boys And Girls Village Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys And Girls Village Inc (EIN: 222562827) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Boys And Girls Village Inc spend its money?
Boys And Girls Village Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boys And Girls Village Inc tax-deductible?
Boys And Girls Village Inc is registered as a tax-exempt nonprofit (EIN: 222562827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Boys And Girls Village Inc do?
Boys And Girls Village Inc is a nonprofit organization in the Human Services sector, located in Milford, Connecticut. It is classified under NTEE code P730.
How much revenue does Boys And Girls Village Inc have?
Boys And Girls Village Inc reported total revenue of $30,459,835. Based on 13 IRS 990 filings on record.
What are Boys And Girls Village Inc's total assets?
Boys And Girls Village Inc holds total assets of $48,095,054 as reported in IRS 990 filings.
Where is Boys And Girls Village Inc located?
Boys And Girls Village Inc is based in Milford, Connecticut.
What is Boys And Girls Village Inc's EIN?
Boys And Girls Village Inc's Employer Identification Number (EIN) is 222562827. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Boys And Girls Village Inc?
Boys And Girls Village Inc is classified under NTEE code P730 (Human Services).
Is Boys And Girls Village Inc a registered 501(c)(3)?
Yes, Boys And Girls Village Inc is recognized as a tax-exempt organization by the IRS. EIN: 222562827.
Does Boys And Girls Village Inc file IRS Form 990?
Yes, Boys And Girls Village Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Boys And Girls Village Inc's revenue in 2023?
In the 202306 filing period, Boys And Girls Village Inc reported total revenue of $26,242,760, total expenses of $25,184,159, and net assets of $45,020,412.
Is Boys And Girls Village Inc's revenue growing or declining?
Boys And Girls Village Inc's revenue is growing. Revenue went from $23,611,635 (202206) to $26,242,760 (202306), a +11.1% change. Based on 13 filings on record.
What is Boys And Girls Village Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Boys And Girls Village Inc covers tax period 202306. It shows revenue of $26,242,760, expenses of $25,184,159, total assets of $45,020,412, and liabilities of $5,947,904.
How much does Boys And Girls Village Inc spend on programs vs administration?
Based on IRS 990 analysis, Boys And Girls Village Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Boys And Girls Village Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Boys And Girls Village Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Boys And Girls Village Inc's strengths?
Positive indicators for Boys And Girls Village Inc include: Consistently high program spending, averaging 88% of total expenses in the latest filing.. Healthy asset growth from $20,950,280 in 2016 to $45,020,412 in 2023.. Positive net assets/fund balances across all reported years, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Boys And Girls Village Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees in the summarized data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to significantly increase its assets from $20,950,280 in 2016 to $45,020,412 in 2023 while maintaining high program spending?
The organization has consistently generated revenues exceeding expenses in most years, allowing for reinvestment and asset growth. For example, in 2021, revenue was $31,332,843 against expenses of $24,310,214, contributing to asset accumulation.
What specific strategies does Boys And Girls Village Inc employ to keep administrative and fundraising costs consistently low, as indicated by the spending breakdown?
While specific strategies are not detailed in the provided data, the consistent allocation of only 7% to administration and 5% to fundraising suggests efficient operational management and potentially a strong volunteer base or cost-effective fundraising methods.
Filing History
IRS 990 filing history for Boys And Girls Village Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boys And Girls Village Inc's revenue has grown by 90.8%, moving from $13.8M to $26.2M. Total assets increased by 299.5% over the same period, from $11.3M to $45.0M. Total functional expenses rose by 84.5%, from $13.7M to $25.2M. In its most recent filing year (2023), Boys And Girls Village Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $5.9M in liabilities against $45.0M in assets (debt-to-asset ratio: 13.2%), resulting in net assets of $39.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26.2M | $25.2M | $45.0M | $5.9M | — | View 990 |
| 2022 | $23.6M | $23.9M | $43.3M | $5.6M | — | View 990 |
| 2021 | $31.3M | $24.3M | $45.4M | $6.8M | — | — |
| 2020 | $27.0M | $25.8M | $40.2M | $9.2M | — | View 990 |
| 2019 | $25.8M | $23.5M | $35.4M | $5.4M | — | View 990 |
| 2018 | $28.6M | $22.3M | $31.9M | $4.1M | — | View 990 |
| 2017 | $22.7M | $21.0M | $23.5M | $2.2M | — | View 990 |
| 2016 | $20.2M | $19.3M | $21.0M | $1.7M | — | View 990 |
| 2015 | $18.1M | $16.8M | $13.9M | $1.6M | — | View 990 |
| 2014 | $15.5M | $14.5M | $12.3M | $1.3M | — | View 990 |
| 2013 | $14.5M | $13.6M | $11.3M | $1.2M | — | View 990 |
| 2012 | $13.0M | $13.5M | $10.8M | $1.6M | — | View 990 |
| 2011 | $13.8M | $13.7M | $11.3M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26.2M, expenses of $25.2M, and assets of $45.0M (revenue +11.1% year-over-year).
- 2022: Revenue of $23.6M, expenses of $23.9M, and assets of $43.3M (revenue -24.6% year-over-year).
- 2021: Revenue of $31.3M, expenses of $24.3M, and assets of $45.4M (revenue +16.2% year-over-year).
- 2020: Revenue of $27.0M, expenses of $25.8M, and assets of $40.2M (revenue +4.4% year-over-year).
- 2019: Revenue of $25.8M, expenses of $23.5M, and assets of $35.4M (revenue -9.7% year-over-year).
- 2018: Revenue of $28.6M, expenses of $22.3M, and assets of $31.9M (revenue +26.0% year-over-year).
- 2017: Revenue of $22.7M, expenses of $21.0M, and assets of $23.5M (revenue +12.2% year-over-year).
- 2016: Revenue of $20.2M, expenses of $19.3M, and assets of $21.0M (revenue +11.9% year-over-year).
- 2015: Revenue of $18.1M, expenses of $16.8M, and assets of $13.9M (revenue +16.9% year-over-year).
- 2014: Revenue of $15.5M, expenses of $14.5M, and assets of $12.3M (revenue +6.7% year-over-year).
- 2013: Revenue of $14.5M, expenses of $13.6M, and assets of $11.3M (revenue +11.5% year-over-year).
- 2012: Revenue of $13.0M, expenses of $13.5M, and assets of $10.8M (revenue -5.6% year-over-year).
- 2011: Revenue of $13.8M, expenses of $13.7M, and assets of $11.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boys And Girls Village Inc:
Data Sources and Methodology
This transparency report for Boys And Girls Village 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.