Boys & Girls Clubs Of Hudson County
Boys & Girls Clubs Of Hudson County: Community Impact with Financial Prudence
EIN: 221918943 · Jersey City, NJ · NTEE: O210 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $4.7M |
| Program Spending | 80% |
| Net Assets | $11.0M |
| Transparency Score | 85/100 |
Is Boys & Girls Clubs Of Hudson County 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 Hudson County directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys & Girls Clubs Of Hudson County
Boys & Girls Clubs Of Hudson County (EIN: 221918943) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code O210. The organization reported total revenue of $4.4M and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys & Girls Clubs Of Hudson County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys & Girls Clubs Of Hudson County is a mid-size nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.7M |
| Surplus / Deficit | $-361,906 |
| Total Assets | $11.2M |
| Total Liabilities | $220K |
| Net Assets | $11.0M |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 28.3 months |
Financial Health Grade: B
In 2023, Boys & Girls Clubs Of Hudson County reported a deficit of $362K with expenses exceeding revenue, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boys & Girls Clubs Of Hudson County's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +20.0% | -2.4% |
| 2022 | +7.5% | +4.8% | -8.4% |
| 2021 | +25.0% | +20.0% | +0.6% |
| 2020 | -11.7% | -19.5% | +4.0% |
| 2019 | +3.1% | +17.9% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1948 |
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 Hudson County 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Boys & Girls Clubs Of Hudson County allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $362K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. However, the overall administrative expenses, which would include executive compensation, appear to be a reasonable portion of total expenses.
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 Hudson County's IRS 990 filings:
- While overall assets are substantial, there has been a slight decrease in total assets from $12,498,817 in 2021 to $11,174,913 in 2023, which warrants monitoring.
Strengths
The following positive indicators were identified for Boys & Girls Clubs Of Hudson County:
- Consistent revenue growth from $2,039,408 in 2016 to $4,368,317 in 2023 demonstrates increasing support and program reach.
- The organization consistently maintains low liabilities relative to assets, indicating strong financial health and stability.
- A sustained track record of operations and financial reporting over many years (2016-2023) suggests organizational maturity and reliability.
- The 'c0%' for lobbying costs across all years indicates a clear dedication to direct programmatic impact.
- Total revenue in 2023 ($4,368,317) significantly exceeds total expenses ($4,730,223), indicating a slight deficit in the most recent year, but overall strong revenue generation.
Frequently Asked Questions about Boys & Girls Clubs Of Hudson County
Is Boys & Girls Clubs Of Hudson County a legitimate charity?
Boys & Girls Clubs Of Hudson County (EIN: 221918943) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.4M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Boys & Girls Clubs Of Hudson County spend its money?
Boys & Girls Clubs Of Hudson County directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Boys & Girls Clubs Of Hudson County tax-deductible?
Boys & Girls Clubs Of Hudson County is registered as a tax-exempt nonprofit (EIN: 221918943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boys & Girls Clubs Of Hudson County's spending goes to programs?
Boys & Girls Clubs Of Hudson County directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boys & Girls Clubs Of Hudson County compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Boys & Girls Clubs Of Hudson County is above average for NTEE category O210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boys & Girls Clubs Of Hudson County located?
Boys & Girls Clubs Of Hudson County is headquartered in Jersey City, New Jersey and files with the IRS under EIN 221918943. It is classified under NTEE code O210.
How many years of IRS 990 filings does Boys & Girls Clubs Of Hudson County have?
Boys & Girls Clubs Of Hudson County 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 $4.4M in total revenue.
What does Boys & Girls Clubs Of Hudson County do?
Boys & Girls Clubs Of Hudson County is a nonprofit organization in the Youth Development sector, located in Jersey City, New Jersey. It is classified under NTEE code O210.
How much revenue does Boys & Girls Clubs Of Hudson County have?
Boys & Girls Clubs Of Hudson County reported total revenue of $4,357,547. Based on 13 IRS 990 filings on record.
What are Boys & Girls Clubs Of Hudson County's total assets?
Boys & Girls Clubs Of Hudson County holds total assets of $10,760,763 as reported in IRS 990 filings.
Where is Boys & Girls Clubs Of Hudson County located?
Boys & Girls Clubs Of Hudson County is based in Jersey City, New Jersey.
What is Boys & Girls Clubs Of Hudson County's EIN?
Boys & Girls Clubs Of Hudson County's Employer Identification Number (EIN) is 221918943. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Boys & Girls Clubs Of Hudson County?
Boys & Girls Clubs Of Hudson County is classified under NTEE code O210 (Youth Development).
Is Boys & Girls Clubs Of Hudson County a registered 501(c)(3)?
Yes, Boys & Girls Clubs Of Hudson County is recognized as a tax-exempt organization by the IRS. EIN: 221918943.
Does Boys & Girls Clubs Of Hudson County file IRS Form 990?
Yes, Boys & Girls Clubs Of Hudson County has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Boys & Girls Clubs Of Hudson County's revenue in 2023?
In the 202312 filing period, Boys & Girls Clubs Of Hudson County reported total revenue of $4,368,317, total expenses of $4,730,223, and net assets of $11,174,913.
Is Boys & Girls Clubs Of Hudson County's revenue growing or declining?
Boys & Girls Clubs Of Hudson County's revenue is growing. Revenue went from $3,743,427 (202212) to $4,368,317 (202312), a +16.7% change. Based on 13 filings on record.
What is Boys & Girls Clubs Of Hudson County's most recent 990 filing?
The most recent IRS Form 990 filing for Boys & Girls Clubs Of Hudson County covers tax period 202312. It shows revenue of $4,368,317, expenses of $4,730,223, total assets of $11,174,913, and liabilities of $219,675.
How much does Boys & Girls Clubs Of Hudson County spend on programs vs administration?
Based on IRS 990 analysis, Boys & Girls Clubs Of Hudson County allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Boys & Girls Clubs Of Hudson County a trustworthy charity?
Based on AI analysis of IRS 990 data, Boys & Girls Clubs Of Hudson County appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 5 strengths noted.
What are the red flags for Boys & Girls Clubs Of Hudson County?
The following concerns were identified: While overall assets are substantial, there has been a slight decrease in total assets from $12,498,817 in 2021 to $11,174,913 in 2023, which warrants monitoring.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Boys & Girls Clubs Of Hudson County's strengths?
Positive indicators for Boys & Girls Clubs Of Hudson County include: Consistent revenue growth from $2,039,408 in 2016 to $4,368,317 in 2023 demonstrates increasing support and program reach.. The organization consistently maintains low liabilities relative to assets, indicating strong financial health and stability.. A sustained track record of operations and financial reporting over many years (2016-2023) suggests organizational maturity and reliability.. The 'c0%' for lobbying costs across all years indicates a clear dedication to direct programmatic impact.. Total revenue in 2023 ($4,368,317) significantly exceeds total expenses ($4,730,223), indicating a slight deficit in the most recent year, but overall strong revenue generation.. These findings are derived from AI analysis of the organization's financial filings.
How does Boys & Girls Clubs Of Hudson County compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. However, the overall administrative expenses, which would include executive compensation, appear to be a reasonable portion of total expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Boys & Girls Clubs Of Hudson County?
• The organization consistently reports 0% lobbying costs across all available filings, indicating a focus on direct service rather than political advocacy. • Financial data is consistently available and shows a clear trend in revenues and expenses over several years, enhancing financial transparency. • The organization's liabilities have remained relatively low compared to its assets, suggesting sound financial management. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent growth in revenue, what specific strategies has the Boys & Girls Clubs Of Hudson County implemented to achieve this upward trend, particularly from $2,039,408 in 2016 to $4,368,317 in 2023?
While the provided data doesn't detail specific strategies, the sustained revenue growth suggests successful fundraising campaigns, effective program expansion attracting more donors, or increased grant acquisition. Further investigation into their annual reports or donor communications would likely reveal these strategies.
Despite overall financial health, what factors contributed to the increase in total expenses from $3,940,466 in 2022 to $4,730,223 in 2023, leading to a deficit in the most recent year?
The increase in expenses could be attributed to several factors such as expansion of programs, increased operational costs due to inflation, investment in new facilities or staff, or one-time expenditures. Without a detailed breakdown of expenses for 2023, it's difficult to pinpoint the exact causes, but it's a key area for further inquiry to understand the deficit.
Filing History
IRS 990 filing history for Boys & Girls Clubs Of Hudson County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boys & Girls Clubs Of Hudson County's revenue has grown by 31.2%, moving from $3.3M to $4.4M. Total assets increased by 214.1% over the same period, from $3.6M to $11.2M. Total functional expenses rose by 46.5%, from $3.2M to $4.7M. In its most recent filing year (2023), Boys & Girls Clubs Of Hudson County reported a deficit of $362K, with expenses exceeding revenue. The organization holds $220K in liabilities against $11.2M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $11.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.7M | $11.2M | $220K | — | — |
| 2022 | $3.7M | $3.9M | $11.4M | $104K | — | View 990 |
| 2021 | $3.5M | $3.8M | $12.5M | $626K | — | View 990 |
| 2020 | $2.8M | $3.1M | $12.4M | $538K | — | — |
| 2019 | $3.2M | $3.9M | $12.0M | $318K | — | View 990 |
| 2018 | $3.1M | $3.3M | $12.1M | $259K | — | View 990 |
| 2017 | $2.8M | $2.9M | $12.3M | $149K | — | — |
| 2016 | $2.0M | $2.2M | $12.3M | $172K | — | View 990 |
| 2015 | $3.0M | $2.3M | $12.5M | $297K | — | View 990 |
| 2014 | $2.5M | $2.8M | $12.4M | $488K | — | View 990 |
| 2013 | $12.9M | $2.8M | $12.7M | $547K | — | View 990 |
| 2012 | $2.8M | $3.1M | $3.2M | $1.1M | — | View 990 |
| 2011 | $3.3M | $3.2M | $3.6M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.7M, and assets of $11.2M (revenue +16.7% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.9M, and assets of $11.4M (revenue +7.5% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.8M, and assets of $12.5M (revenue +25.0% year-over-year).
- 2020: Revenue of $2.8M, expenses of $3.1M, and assets of $12.4M (revenue -11.7% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.9M, and assets of $12.0M (revenue +3.1% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.3M, and assets of $12.1M (revenue +9.4% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.9M, and assets of $12.3M (revenue +37.1% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.2M, and assets of $12.3M (revenue -31.8% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.3M, and assets of $12.5M (revenue +18.0% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.8M, and assets of $12.4M (revenue -80.4% year-over-year).
- 2013: Revenue of $12.9M, expenses of $2.8M, and assets of $12.7M (revenue +367.4% year-over-year).
- 2012: Revenue of $2.8M, expenses of $3.1M, and assets of $3.2M (revenue -17.0% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.2M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boys & Girls Clubs Of Hudson County:
Data Sources and Methodology
This transparency report for Boys & Girls Clubs Of Hudson County 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.