Boys and Girls Club of Carlsbadinc
Nonprofit profile at a glance
- EIN
- 850159171
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-T 2022
- Location
- Carlsbad, NM, USA
- Phone
- 5758858449
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Boys Clubs
Reported finances
- Revenue
- $1,304,604
- Expenses
- $1,585,831
- Assets
- $906,461
- Liabilities
- $65,670
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- CALEB CUNNINGHAM (PRESIDENT)
Highest reported compensation
- MICHELLE MARTINEZ (EXECUTIVE DI): $96,122 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Youth education and career development that enables youth to become proficient in basic educational disciplines.
What it reported doing in 2024
The boys & girls club of carlsbad, inc. Continues to make a meaningful impact in the lives of local youth by providing a safe, supportive, and enriching environment where young people can learn, grow, and thrive. Through our programs in character & leadership development, education & career readiness, health & life skills, the arts, and sports, fitness & recreation, we empower youth to reach their full potential as productive, caring, and responsible citizens. Over the past year, the club achieved a membership increase of more than 15%, reflecting our growing reputation as a vital community resource and the trust families place in our programs. This growth demonstrates the continued need for the clubs services and our commitment to expanding opportunities for youth in carlsbad and the surrounding areas. In addition, the boys & girls club of carlsbad successfully reinstated our community bingo program through the state, which will serve as a sustainable source of income to help support daily operations, youth programming, and future facility improvements. This initiative not only strengthens our financial stability but also reconnects the club with the community through an engaging and enjoyable event that benefits local youth. Togetherwith the dedication of our staff, volunteers, donors, and partnerswe remain focused on building great futures for the young people who depend on us every day.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.5%; rating input score 88
- Program expense ratio: 72.8%; rating input score 73
- Fundraising efficiency: $4.42 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -21.6%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 6.1%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 12.5% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 88.5% of revenue deployed · 72.8% of spending went to programs
- Governance: 15 of 15 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $96K · 16 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 4 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 15/100.
- High — Sustainability: Operating margin scored 9/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.