Boys & Girls Club Of Greater Lynchburg

Boys & Girls Club Of Greater Lynchburg faces recent financial deficit and increased liabilities despite strong asset base.

EIN: 200199894 · Lynchburg, VA · NTEE: O22 · Updated: 2026-03-28

$452KRevenue
$444KGross Revenue
$1.2MAssets
70/100Mission Score (Good)
O22
Boys & Girls Club Of Greater Lynchburg Financial Summary
MetricValue
Total Revenue$452K
Total Expenses$706K
Program Spending75%
Net Assets$1.1M
Transparency Score70/100

Is Boys & Girls Club Of Greater Lynchburg Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Boys & Girls Club Of Greater Lynchburg directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Boys & Girls Club Of Greater Lynchburg

Boys & Girls Club Of Greater Lynchburg (EIN: 200199894) is a nonprofit organization based in Lynchburg, VA, classified under NTEE code O22. The organization reported total revenue of $452K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys & Girls Club Of Greater Lynchburg's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Boys & Girls Club Of Greater Lynchburg is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$426K
Total Expenses$706K
Surplus / Deficit$-279,171
Total Assets$1.5M
Total Liabilities$416K
Net Assets$1.1M
Operating Margin-65.5%
Debt-to-Asset Ratio27.5%
Months of Reserves25.8 months

Financial Health Grade: B

In 2023, Boys & Girls Club Of Greater Lynchburg reported a deficit of $279K with expenses exceeding revenue, holds 25.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.5% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Boys & Girls Club Of Greater Lynchburg's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-44.5%+9.6%-18.5%
2022-19.1%+8.3%+46.4%
2021+21.5%+0.9%+53.7%
2020+45.5%+4.4%+31.5%
2019-15.2%-13.8%-3.3%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Boys & Girls Club Of Greater Lynchburg demonstrates a fluctuating financial picture over the past decade. While the organization has generally maintained a healthy asset base, reaching a high of $1,858,764 in 2022, its recent 2023 filing shows a significant deficit where expenses ($705,519) substantially exceeded revenue ($426,348), leading to a decrease in assets to $1,514,248. This trend of expenses exceeding revenue was also observed in 2019, 2018, and 2014, indicating periods of financial strain. The organization's liabilities have also seen a notable increase in recent years, reaching $485,768 in 2022 and $416,492 in 2023, which is a significant jump compared to earlier years where liabilities were consistently below $20,000. This increase in liabilities warrants closer examination. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment is challenging. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The organization's ability to manage its expenses relative to its revenue has varied, with several years showing healthy surpluses (e.g., 2021 with revenue of $950,152 against expenses of $594,359) and others showing deficits. The recent deficit in 2023 is a concern that could impact future program delivery if not addressed. In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive, indicating adherence to regulatory requirements. The absence of reported officer compensation is also a transparent disclosure. However, to fully assess transparency and spending efficiency, more granular data on the allocation of expenses (program vs. administrative vs. fundraising) would be beneficial. The significant increase in liabilities in recent years, particularly in 2022 and 2023, is a financial detail that would benefit from further explanation in public disclosures to maintain full transparency with stakeholders.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Boys & Girls Club Of Greater Lynchburg with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Boys & Girls Club Of Greater Lynchburg allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$426KTotal Revenue
$706KTotal Expenses
$1.5MTotal Assets
$416KTotal Liabilities
$1.1MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 13 filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and revenue, suggesting either volunteer leadership or compensation being reported under other expense categories.

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 & Girls Club Of Greater Lynchburg's IRS 990 filings:

Strengths

The following positive indicators were identified for Boys & Girls Club Of Greater Lynchburg:

Frequently Asked Questions about Boys & Girls Club Of Greater Lynchburg

Is Boys & Girls Club Of Greater Lynchburg a legitimate charity?

Boys & Girls Club Of Greater Lynchburg (EIN: 200199894) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $452K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Boys & Girls Club Of Greater Lynchburg spend its money?

Boys & Girls Club Of Greater Lynchburg directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Boys & Girls Club Of Greater Lynchburg tax-deductible?

Boys & Girls Club Of Greater Lynchburg is registered as a tax-exempt nonprofit (EIN: 200199894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Boys & Girls Club Of Greater Lynchburg's spending goes to programs?

Boys & Girls Club Of Greater Lynchburg directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Boys & Girls Club Of Greater Lynchburg compare to similar nonprofits?

With a transparency score of 70/100 (Good), Boys & Girls Club Of Greater Lynchburg is above average for NTEE category O22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Boys & Girls Club Of Greater Lynchburg located?

Boys & Girls Club Of Greater Lynchburg is headquartered in Lynchburg, Virginia and files with the IRS under EIN 200199894. It is classified under NTEE code O22.

How many years of IRS 990 filings does Boys & Girls Club Of Greater Lynchburg have?

Boys & Girls Club Of Greater Lynchburg has 13 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 $452K in total revenue.

Why did expenses significantly exceed revenue in 2023, with expenses at $705,519 against revenue of $426,348?

The 2023 filing shows a substantial operating deficit, which could be due to one-time investments, unexpected costs, or a temporary dip in fundraising. Further details from the full 990 would be needed to understand the specific causes.

What caused the significant increase in liabilities from under $20,000 in 2021 to $485,768 in 2022 and $416,492 in 2023?

The dramatic rise in liabilities suggests the organization may have taken on significant debt, possibly for capital projects, property acquisition, or to cover operating expenses. This warrants investigation into the nature of these liabilities.

How does the organization manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation is unusual. It could mean that leadership roles are entirely volunteer-based, or that compensation for key personnel is categorized differently within the expense structure, such as under program or administrative salaries.

Is the organization's current asset level of $1,514,248 sufficient to cover its liabilities of $416,492 and ensure long-term sustainability?

While assets significantly exceed liabilities, the recent operating deficit and the rapid increase in liabilities suggest a need for careful financial planning to ensure the organization's long-term financial health and ability to sustain its programs.

Filing History

IRS 990 filing history for Boys & Girls Club Of Greater Lynchburg showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Boys & Girls Club Of Greater Lynchburg's revenue has declined by 10.9%, moving from $479K to $426K. Total assets increased by 375.5% over the same period, from $318K to $1.5M. Total functional expenses rose by 80.7%, from $391K to $706K. In its most recent filing year (2023), Boys & Girls Club Of Greater Lynchburg reported a deficit of $279K, with expenses exceeding revenue. The organization holds $416K in liabilities against $1.5M in assets (debt-to-asset ratio: 27.5%), resulting in net assets of $1.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $426K $706K $1.5M $416K
2022 $768K $644K $1.9M $486K View 990
2021 $950K $594K $1.3M $8K View 990
2020 $782K $589K $826K $15K View 990
2019 $538K $564K $628K $11K View 990
2018 $634K $654K $649K $15K View 990
2017 $664K $599K $660K $17K View 990
2016 $686K $558K $582K $13K View 990
2015 $720K $542K $447K $10K View 990
2014 $513K $514K $271K $7K View 990
2013 $401K $432K $269K $2K View 990
2012 $377K $404K $295K $1K View 990
2011 $479K $391K $318K $123 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Boys & Girls Club Of Greater Lynchburg:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Boys & Girls Club Of Greater Lynchburg 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.

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