Boys and Girls Club of the Northern Indiana Corridor Inc

Nonprofit profile at a glance

EIN
351329625
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
South Bend, IN, USA
Phone
5742322048
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Boys and Girls Clubs

Official website

Reported finances

Revenue
$14,183,331
Expenses
$13,802,415
Assets
$13,378,007
Liabilities
$2,108,407

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • DUANE WILSON (PRESIDENT/CE)
  • JACQUELINE KRONK (PRES/CEO - F)

Highest reported compensation

  • JACQUELINE KRONK (PRES/CEO - F): $181,308 total reported compensation
  • DUANE WILSON (PRESIDENT/CE): $177,886 total reported compensation
  • JEANETTE HAMEL (SR. DIR. OF): $122,869 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire and enable all young people, especially those who need us most, to realize their full potential as productive, caring, and responsible citizens.

What it reported doing in 2024

Our core purpose is to serve as many kids as effectively as possible, through impactful programs and supportive relationships. In 2024, we served more than 5,000 youth through our before and after school and summer programs. We expanded our reach to operate 35 club sites across st. Joseph county, cass county, fulton county, pulaski county, and white county in partnership with school districts. We continued our collaboration with a local school district at success academy bgc, a k-5 microschool within our flagship site, as well as served youth at the club teen center in downtown south bend. We ran a 5-week, full-day, summer program that served 2,500 kids at 16 sites, working with our school partners and hiring certified teachers to prevent the summer slide. Our workforce is focused on literacy and math fluency programs to combat pandemic learning loss, as well as emotional well-being and college and workforce readiness programs to prepare kids for successful futures. Our vision is to continue to grow to reach more children and teens, elevate our impact, and sustain our mission to ensure success is within reach of every child.

Operating model

Revenue model
Grant-funded. 67% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 92% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 73
  • Accountability: 100
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.1%; rating input score 83
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: $34.82 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.8%; rating input score 99; 31st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.7%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 3.5%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 22.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 19.2% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 28% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 83.1% of revenue deployed · 85% of spending went to programs
  • Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $11.7M in reported program spending
  • Leadership: top reported pay $181K · 21 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 40 of 41 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 11 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 45/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.