Boys & Girls Clubs Of America
Boys & Girls Clubs of America experienced a significant operating deficit in 2023, with expenses exceeding revenue by over $59 million.
EIN: 135562976 · Atlanta, GA · NTEE: O230 · Updated: 2026-03-28
Is Boys & Girls Clubs Of America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boys & Girls Clubs Of America directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys & Girls Clubs Of America
Boys & Girls Clubs Of America (EIN: 135562976) is a nonprofit organization based in Atlanta, GA, classified under NTEE code O230. The organization reported total revenue of $232.8M and total assets of $95.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys & Girls Clubs Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys & Girls Clubs Of America is a major nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $170.7M |
| Total Expenses | $230.6M |
| Surplus / Deficit | $-59,860,245 |
| Total Assets | $90.0M |
| Total Liabilities | $33.7M |
| Net Assets | $56.3M |
| Operating Margin | -35.1% |
| Debt-to-Asset Ratio | 37.4% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Boys & Girls Clubs Of America reported a deficit of $59.9M with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 37.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boys & Girls Clubs Of America's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.8% | +26.1% | -37.5% |
| 2022 | -5.7% | -9.0% | -2.1% |
| 2021 | +2.7% | +19.2% | -67.5% |
| 2020 | +53.6% | +7.9% | +17.8% |
| 2019 | -12.8% | -7.3% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
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 & Girls Clubs Of America 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
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Boys & Girls Clubs Of America 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:
- The organization reported a deficit of $59.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.4%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all listed filing periods, suggesting that the organization's top executives are either not compensated or their compensation is not reported in this specific field, which warrants further investigation for full 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 & Girls Clubs Of America's IRS 990 filings:
- Significant operating deficit in 2023 ($59,860,245)
- Substantial decrease in assets from $452,921,448 in 2020 to $89,959,878 in 2023
- Inconsistent revenue and expense trends over recent years, indicating potential financial volatility
- Reporting 0% officer compensation across all filings, which may obscure executive remuneration details
Strengths
The following positive indicators were identified for Boys & Girls Clubs Of America:
- Long-standing presence with a consistent mission (NTEE Code O230)
- Historically strong revenue generation, with latest revenue at $232,796,679
- Large asset base in previous years, indicating capacity for significant operations
- Commitment to program delivery, as implied by typical nonprofit spending patterns
Frequently Asked Questions about Boys & Girls Clubs Of America
Is Boys & Girls Clubs Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys & Girls Clubs Of America (EIN: 135562976) some concerns. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.
How does Boys & Girls Clubs Of America spend its money?
Boys & Girls Clubs Of America directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boys & Girls Clubs Of America tax-deductible?
Boys & Girls Clubs Of America is registered as a tax-exempt nonprofit (EIN: 135562976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Boys & Girls Clubs of America incur a significant operating deficit of over $59 million in 2023?
In 2023, the organization reported revenues of $170,722,923 against expenses of $230,583,168, resulting in a deficit. The specific reasons for this deficit would require a deeper dive into their detailed financial statements to understand changes in funding streams or increased operational costs.
What caused the substantial decrease in assets from $452,921,448 in 2020 to $89,959,878 in 2023?
The significant drop in assets over this period is a critical financial trend. This could be due to various factors such as asset sales, reclassification of funds, or significant investments in programs that are expensed rather than capitalized. Further details from their audited financial statements would be necessary to pinpoint the exact causes.
How does Boys & Girls Clubs of America plan to address the recent trend of expenses exceeding revenue?
With expenses surpassing revenue in 2023, the organization will need to implement strategies to either increase funding or reduce operational costs to ensure financial stability. This could involve new fundraising initiatives, endowment drawdowns, or cost-cutting measures.
Is the 0% officer compensation reported across all filings accurate, and if so, how are executive roles compensated?
The consistent reporting of 0% officer compensation is unusual for an organization of this size. It's possible that executive compensation is reported under a different category (e.g., 'salaries and wages' for key employees) or that the organization relies heavily on volunteer leadership at the highest levels. Clarification from the organization's full 990 or annual report would be needed.
Filing History
IRS 990 filing history for Boys & Girls Clubs Of America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boys & Girls Clubs Of America's revenue has grown by 49.9%, moving from $113.9M to $170.7M. Total assets decreased by 71.5% over the same period, from $315.4M to $90.0M. Total functional expenses rose by 76.9%, from $130.3M to $230.6M. In its most recent filing year (2023), Boys & Girls Clubs Of America reported a deficit of $59.9M, with expenses exceeding revenue. The organization holds $33.7M in liabilities against $90.0M in assets (debt-to-asset ratio: 37.4%), resulting in net assets of $56.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $170.7M | $230.6M | $90.0M | $33.7M | — | — |
| 2022 | $205.2M | $182.9M | $143.9M | $21.5M | — | View 990 |
| 2021 | $217.7M | $200.9M | $147.1M | $23.1M | — | View 990 |
| 2020 | $212.0M | $168.5M | $452.9M | $34.6M | — | — |
| 2019 | $138.0M | $156.1M | $384.6M | $39.9M | — | View 990 |
| 2018 | $158.3M | $168.5M | $372.5M | $43.4M | — | View 990 |
| 2017 | $141.3M | $174.3M | $404.7M | $49.7M | — | View 990 |
| 2016 | $132.1M | $155.2M | $395.0M | $38.1M | — | View 990 |
| 2015 | $133.8M | $142.5M | $429.3M | $35.5M | — | View 990 |
| 2014 | $159.6M | $125.1M | $436.7M | $33.8M | — | View 990 |
| 2013 | $170.8M | $122.9M | $412.0M | $34.3M | — | View 990 |
| 2012 | $149.7M | $127.6M | $369.1M | $33.3M | — | View 990 |
| 2011 | $113.9M | $130.3M | $315.4M | $28.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $170.7M, expenses of $230.6M, and assets of $90.0M (revenue -16.8% year-over-year).
- 2022: Revenue of $205.2M, expenses of $182.9M, and assets of $143.9M (revenue -5.7% year-over-year).
- 2021: Revenue of $217.7M, expenses of $200.9M, and assets of $147.1M (revenue +2.7% year-over-year).
- 2020: Revenue of $212.0M, expenses of $168.5M, and assets of $452.9M (revenue +53.6% year-over-year).
- 2019: Revenue of $138.0M, expenses of $156.1M, and assets of $384.6M (revenue -12.8% year-over-year).
- 2018: Revenue of $158.3M, expenses of $168.5M, and assets of $372.5M (revenue +12.0% year-over-year).
- 2017: Revenue of $141.3M, expenses of $174.3M, and assets of $404.7M (revenue +7.0% year-over-year).
- 2016: Revenue of $132.1M, expenses of $155.2M, and assets of $395.0M (revenue -1.3% year-over-year).
- 2015: Revenue of $133.8M, expenses of $142.5M, and assets of $429.3M (revenue -16.2% year-over-year).
- 2014: Revenue of $159.6M, expenses of $125.1M, and assets of $436.7M (revenue -6.5% year-over-year).
- 2013: Revenue of $170.8M, expenses of $122.9M, and assets of $412.0M (revenue +14.1% year-over-year).
- 2012: Revenue of $149.7M, expenses of $127.6M, and assets of $369.1M (revenue +31.4% year-over-year).
- 2011: Revenue of $113.9M, expenses of $130.3M, and assets of $315.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boys & Girls Clubs Of America:
Data Sources and Methodology
This transparency report for Boys & Girls Clubs Of America 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.