Boys Club Of Mount Kisco Inc
Boys Club Of Mount Kisco Inc shows consistent asset growth and zero reported officer compensation over a decade.
EIN: 131739924 · Mount Kisco, NY · NTEE: O230 · Updated: 2026-03-28
Is Boys Club Of Mount Kisco Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boys Club Of Mount Kisco Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys Club Of Mount Kisco Inc
Boys Club Of Mount Kisco Inc (EIN: 131739924) is a nonprofit organization based in Mount Kisco, NY, classified under NTEE code O230. The organization reported total revenue of $7.3M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys Club Of Mount Kisco 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 Club Of Mount Kisco Inc with a Mission Score of 90 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 Club Of Mount Kisco 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
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that it is not reported in this specific field. This suggests a strong commitment to directing funds towards the mission rather than executive salaries, especially for an organization with assets exceeding $13 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.
Strengths
The following positive indicators were identified for Boys Club Of Mount Kisco Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to mission.
- Significant asset growth from $7.4 million in 2014 to $13.6 million in 2023, demonstrating financial stability.
- Generally positive net income across most filing periods, showing responsible financial management.
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency and compliance.
Frequently Asked Questions about Boys Club Of Mount Kisco Inc
Is Boys Club Of Mount Kisco Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys Club Of Mount Kisco Inc (EIN: 131739924) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Boys Club Of Mount Kisco Inc spend its money?
Boys Club Of Mount Kisco Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boys Club Of Mount Kisco Inc tax-deductible?
Boys Club Of Mount Kisco Inc is registered as a tax-exempt nonprofit (EIN: 131739924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Boys Club Of Mount Kisco Inc a good charity?
Based on the provided IRS 990 data, the Boys Club Of Mount Kisco Inc appears to be a financially sound and well-managed charity. It consistently reports 0% officer compensation, has shown significant asset growth from $7.4 million in 2014 to $13.6 million in 2023, and generally maintains a positive net income, indicating responsible financial stewardship.
How has the organization's financial health changed over the past decade?
The organization's financial health has generally improved over the past decade. Assets have nearly doubled from $7,412,911 in 2014 to $13,644,339 in 2023. While revenue and expenses have fluctuated, the organization has mostly operated with a surplus, demonstrating financial stability and growth.
What is the trend in revenue and expenses?
Revenue and expenses have shown variability. Revenue peaked at $9,470,356 in 2022, while expenses were highest at $6,079,768 in 2023. Despite fluctuations, the organization has generally managed to keep expenses below or very close to revenue, resulting in positive net income in most years, such as a $41,919 surplus in 2023.
Filing History
IRS 990 filing history for Boys Club Of Mount Kisco Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boys Club Of Mount Kisco Inc's revenue has grown by 117.7%, moving from $2.8M to $6.1M. Total assets increased by 55.1% over the same period, from $8.8M to $13.6M. Total functional expenses rose by 99.7%, from $3.0M to $6.1M. In its most recent filing year (2023), Boys Club Of Mount Kisco Inc reported a surplus of $42K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $13.6M in assets (debt-to-asset ratio: 24.6%), resulting in net assets of $10.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $6.1M | $13.6M | $3.4M | — | — |
| 2022 | $9.5M | $5.6M | $14.2M | $4.0M | — | View 990 |
| 2021 | $5.0M | $5.0M | $9.8M | $3.7M | — | View 990 |
| 2020 | $5.4M | $5.9M | $9.3M | $3.2M | — | View 990 |
| 2019 | $5.9M | $5.0M | $9.0M | $2.4M | — | View 990 |
| 2018 | $4.8M | $4.4M | $8.5M | $2.8M | — | View 990 |
| 2017 | $4.5M | $4.1M | $8.4M | $3.1M | — | View 990 |
| 2016 | $5.3M | $3.9M | $8.6M | $3.8M | — | View 990 |
| 2015 | $3.5M | $3.9M | $7.3M | $3.8M | — | View 990 |
| 2014 | $3.7M | $4.1M | $7.4M | $3.6M | — | View 990 |
| 2013 | $3.6M | $3.9M | $7.9M | $3.7M | — | View 990 |
| 2012 | $2.9M | $3.1M | $8.4M | $3.9M | — | View 990 |
| 2011 | $2.8M | $3.0M | $8.8M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $6.1M, and assets of $13.6M (revenue -35.4% year-over-year).
- 2022: Revenue of $9.5M, expenses of $5.6M, and assets of $14.2M (revenue +88.9% year-over-year).
- 2021: Revenue of $5.0M, expenses of $5.0M, and assets of $9.8M (revenue -6.5% year-over-year).
- 2020: Revenue of $5.4M, expenses of $5.9M, and assets of $9.3M (revenue -8.3% year-over-year).
- 2019: Revenue of $5.9M, expenses of $5.0M, and assets of $9.0M (revenue +21.3% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.4M, and assets of $8.5M (revenue +6.9% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.1M, and assets of $8.4M (revenue -14.7% year-over-year).
- 2016: Revenue of $5.3M, expenses of $3.9M, and assets of $8.6M (revenue +50.8% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.9M, and assets of $7.3M (revenue -6.0% year-over-year).
- 2014: Revenue of $3.7M, expenses of $4.1M, and assets of $7.4M (revenue +2.7% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.9M, and assets of $7.9M (revenue +27.3% year-over-year).
- 2012: Revenue of $2.9M, expenses of $3.1M, and assets of $8.4M (revenue +1.5% year-over-year).
- 2011: Revenue of $2.8M, expenses of $3.0M, and assets of $8.8M.
Data Sources and Methodology
This transparency report for Boys Club Of Mount Kisco 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.