Boys & Girls Clubs Of The Virginia
EIN: 540538202 · Newport News, VA · NTEE: O23Z
Is Boys & Girls Clubs Of The Virginia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boys & Girls Clubs Of The Virginia
Boys & Girls Clubs Of The Virginia (EIN: 540538202) is a nonprofit organization based in Newport News, VA, classified under NTEE code O23Z. The organization reported total revenue of $5.2M and total assets of $11.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys & Girls Clubs Of The Virginia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys & Girls Clubs Of The Virginia is a mid-size nonprofit that has been operating for 78 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $4.9M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $11.7M |
| Total Liabilities | $1.2M |
| Net Assets | $10.6M |
| Operating Margin | 30.3% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 29.0 months |
Financial Health Grade: A
In 2023, Boys & Girls Clubs Of The Virginia reported a surplus of $2.1M with revenue exceeding expenses, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Boys & Girls Clubs Of The Virginia's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.5% | +17.4% | +4.2% |
| 2022 | -1.4% | +3.7% | +2.6% |
| 2021 | +36.5% | -15.5% | +10.0% |
| 2020 | -1.1% | -4.5% | -6.6% |
| 2019 | -22.2% | -5.6% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1948 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boys & Girls Clubs Of The Virginia has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boys & Girls Clubs Of The Virginia with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Frequently Asked Questions about Boys & Girls Clubs Of The Virginia
Is Boys & Girls Clubs Of The Virginia a legitimate charity?
Based on AI analysis of IRS 990 filings, Boys & Girls Clubs Of The Virginia (EIN: 540538202) insufficient data. 0 red flags identified, 0 strengths noted.
How does Boys & Girls Clubs Of The Virginia spend its money?
Detailed spending breakdown data is not yet available for Boys & Girls Clubs Of The Virginia. Check back for updated IRS 990 analysis.
Are donations to Boys & Girls Clubs Of The Virginia tax-deductible?
Boys & Girls Clubs Of The Virginia is registered as a tax-exempt nonprofit (EIN: 540538202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Boys & Girls Clubs Of The Virginia showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Boys & Girls Clubs Of The Virginia's revenue has grown by 129.5%, moving from $3.0M to $7.0M. Total assets increased by 13.3% over the same period, from $10.3M to $11.7M. Total functional expenses rose by 35.8%, from $3.6M to $4.9M. In its most recent filing year (2023), Boys & Girls Clubs Of The Virginia reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $11.7M in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $4.9M | $11.7M | $1.2M | — | View 990 |
| 2022 | $5.1M | $4.1M | $11.3M | $2.7M | — | View 990 |
| 2021 | $5.2M | $4.0M | $11.0M | $3.3M | — | View 990 |
| 2020 | $3.8M | $4.7M | $10.0M | $3.3M | — | View 990 |
| 2019 | $3.8M | $4.9M | $10.7M | $3.2M | — | View 990 |
| 2018 | $4.9M | $5.2M | $11.7M | $3.1M | — | View 990 |
| 2017 | $4.6M | $4.6M | $12.0M | $3.0M | — | View 990 |
| 2016 | $4.4M | $4.5M | $11.9M | $3.3M | — | View 990 |
| 2015 | $4.5M | $3.9M | $12.5M | $3.7M | — | View 990 |
| 2014 | $3.6M | $3.6M | $9.9M | $2.7M | — | View 990 |
| 2013 | $3.5M | $3.7M | $9.8M | $2.7M | — | View 990 |
| 2012 | $3.0M | $3.6M | $10.3M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $4.9M, and assets of $11.7M (revenue +36.5% year-over-year).
- 2022: Revenue of $5.1M, expenses of $4.1M, and assets of $11.3M (revenue -1.4% year-over-year).
- 2021: Revenue of $5.2M, expenses of $4.0M, and assets of $11.0M (revenue +36.5% year-over-year).
- 2020: Revenue of $3.8M, expenses of $4.7M, and assets of $10.0M (revenue -1.1% year-over-year).
- 2019: Revenue of $3.8M, expenses of $4.9M, and assets of $10.7M (revenue -22.2% year-over-year).
- 2018: Revenue of $4.9M, expenses of $5.2M, and assets of $11.7M (revenue +8.2% year-over-year).
- 2017: Revenue of $4.6M, expenses of $4.6M, and assets of $12.0M (revenue +3.3% year-over-year).
- 2016: Revenue of $4.4M, expenses of $4.5M, and assets of $11.9M (revenue -1.6% year-over-year).
- 2015: Revenue of $4.5M, expenses of $3.9M, and assets of $12.5M (revenue +23.8% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.6M, and assets of $9.9M (revenue +4.3% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.7M, and assets of $9.8M (revenue +14.2% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.6M, and assets of $10.3M.
Data Sources and Methodology
This transparency report for Boys & Girls Clubs Of The Virginia 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.