Boys & Girls Clubs Of The Piedmont Inc
Boys & Girls Clubs Of The Piedmont Inc shows recent revenue growth and consistent asset base, with no reported officer compensation.
EIN: 203237215 · Statesville, NC · NTEE: O20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $3.5M |
| Transparency Score | 85/100 |
Is Boys & Girls Clubs Of The Piedmont Inc 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 The Piedmont Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys & Girls Clubs Of The Piedmont Inc
Boys & Girls Clubs Of The Piedmont Inc (EIN: 203237215) is a nonprofit organization based in Statesville, NC, classified under NTEE code O20. The organization reported total revenue of $1.1M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys & Girls Clubs Of The Piedmont Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys & Girls Clubs Of The Piedmont Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$177K |
| Total Assets | $3.9M |
| Total Liabilities | $386K |
| Net Assets | $3.5M |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 31.4 months |
Financial Health Grade: A
In 2023, Boys & Girls Clubs Of The Piedmont Inc reported a surplus of $177K with revenue exceeding expenses, holds 31.4 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boys & Girls Clubs Of The Piedmont Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.4% | +5.5% | -0.5% |
| 2022 | -18.3% | +27.3% | -7.8% |
| 2021 | +19.6% | +7.8% | +2.1% |
| 2020 | +17.8% | -10.6% | +4.1% |
| 2019 | -5.0% | -8.4% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 The Piedmont 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Boys & Girls Clubs Of The Piedmont Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 surplus of $177K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size with over $1 million in annual revenue and assets. This either indicates that no officers receive compensation, or that compensation is reported under different categories, which would require further scrutiny 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 The Piedmont Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive pay practices.
- Expenses exceeded revenue in multiple years (e.g., 2022, 2019, 2018, 2017, 2016, 2015, 2014), indicating potential reliance on reserves or inconsistent funding.
Strengths
The following positive indicators were identified for Boys & Girls Clubs Of The Piedmont Inc:
- Strong asset base, consistently above $3.6 million, providing financial stability.
- Significant revenue growth in the most recent filing (2023) to $1,673,934.
- Generally stable financial operations over a long period, with 13 years of filing history.
Frequently Asked Questions about Boys & Girls Clubs Of The Piedmont Inc
Is Boys & Girls Clubs Of The Piedmont Inc a legitimate charity?
Boys & Girls Clubs Of The Piedmont Inc (EIN: 203237215) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Boys & Girls Clubs Of The Piedmont Inc spend its money?
Boys & Girls Clubs Of The Piedmont Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Boys & Girls Clubs Of The Piedmont Inc tax-deductible?
Boys & Girls Clubs Of The Piedmont Inc is registered as a tax-exempt nonprofit (EIN: 203237215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Boys & Girls Clubs Of The Piedmont Inc CEO make?
Boys & Girls Clubs Of The Piedmont Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Boys & Girls Clubs Of The Piedmont Inc's spending goes to programs?
Boys & Girls Clubs Of The Piedmont Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boys & Girls Clubs Of The Piedmont Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Boys & Girls Clubs Of The Piedmont Inc is above average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boys & Girls Clubs Of The Piedmont Inc located?
Boys & Girls Clubs Of The Piedmont Inc is headquartered in Statesville, North Carolina and files with the IRS under EIN 203237215. It is classified under NTEE code O20.
How many years of IRS 990 filings does Boys & Girls Clubs Of The Piedmont Inc have?
Boys & Girls Clubs Of The Piedmont Inc 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 $1.1M in total revenue.
How does Boys & Girls Clubs Of The Piedmont Inc sustain operations during years when expenses exceed revenue, such as in 2022?
In 2022, expenses ($1,418,978) exceeded revenue ($1,184,243) by over $234,000. This suggests the organization either drew from its accumulated assets, which decreased from $3,933,400 in 2022 to $3,915,205 in 2023, or utilized prior year surpluses to cover the deficit.
What is the actual executive compensation structure, given the 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is atypical. It's possible that key employees are compensated as staff rather than officers, or that the compensation is not categorized under 'officer compensation' in the 990, warranting a deeper look into the organization's full compensation disclosures.
What caused the significant increase in revenue in 2023 to $1,673,934?
The 2023 revenue of $1,673,934 represents a substantial increase from $1,184,243 in 2022. This could be due to successful fundraising campaigns, new grants, or increased program fees, which would be detailed in the full 990 filing.
Filing History
IRS 990 filing history for Boys & Girls Clubs Of The Piedmont Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boys & Girls Clubs Of The Piedmont Inc's revenue has grown by 224.9%, moving from $515K to $1.7M. Total assets decreased by 27% over the same period, from $5.4M to $3.9M. Total functional expenses rose by 106.6%, from $725K to $1.5M. In its most recent filing year (2023), Boys & Girls Clubs Of The Piedmont Inc reported a surplus of $177K, with revenue exceeding expenses. The organization holds $386K in liabilities against $3.9M in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.5M | $3.9M | $386K | — | — |
| 2022 | $1.2M | $1.4M | $3.9M | $592K | — | — |
| 2021 | $1.5M | $1.1M | $4.3M | $682K | — | View 990 |
| 2020 | $1.2M | $1.0M | $4.2M | $928K | — | — |
| 2019 | $1.0M | $1.2M | $4.0M | $940K | — | View 990 |
| 2018 | $1.1M | $1.3M | $4.1M | $944K | — | View 990 |
| 2017 | $787K | $955K | $4.4M | $1.0M | — | View 990 |
| 2016 | $899K | $1.0M | $4.6M | $1.1M | — | View 990 |
| 2015 | $977K | $1.0M | $4.8M | $1.1M | — | View 990 |
| 2014 | $926K | $1.0M | $4.9M | $1.2M | — | View 990 |
| 2013 | $735K | $779K | $5.2M | $1.3M | — | View 990 |
| 2012 | $1.2M | $795K | $5.5M | $1.6M | — | View 990 |
| 2011 | $515K | $725K | $5.4M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.5M, and assets of $3.9M (revenue +41.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.4M, and assets of $3.9M (revenue -18.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $4.3M (revenue +19.6% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.0M, and assets of $4.2M (revenue +17.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.2M, and assets of $4.0M (revenue -5.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.3M, and assets of $4.1M (revenue +37.7% year-over-year).
- 2017: Revenue of $787K, expenses of $955K, and assets of $4.4M (revenue -12.5% year-over-year).
- 2016: Revenue of $899K, expenses of $1.0M, and assets of $4.6M (revenue -8.0% year-over-year).
- 2015: Revenue of $977K, expenses of $1.0M, and assets of $4.8M (revenue +5.5% year-over-year).
- 2014: Revenue of $926K, expenses of $1.0M, and assets of $4.9M (revenue +26.0% year-over-year).
- 2013: Revenue of $735K, expenses of $779K, and assets of $5.2M (revenue -41.0% year-over-year).
- 2012: Revenue of $1.2M, expenses of $795K, and assets of $5.5M (revenue +141.7% year-over-year).
- 2011: Revenue of $515K, expenses of $725K, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boys & Girls Clubs Of The Piedmont Inc:
Data Sources and Methodology
This transparency report for Boys & Girls Clubs Of The Piedmont 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.