Boys and Girls Club of Venice

Nonprofit profile at a glance

EIN
956209203
IRS 990 coverage
2011–2023
Forms available
Form 990 2023
Location
Venice, CA, USA
Phone
3103904477
Rating confidence
Limited
Sector
Boys and Girls Clubs

Official website

Reported finances

Revenue
$0
Expenses
$21,803,315
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

41 people listed

Executive titles in this filing

  • PATRICK MAHONEY (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • PATRICK MAHONEY (CHIEF EXECUTIVE OFFICER): $317,348 total reported compensation
  • CHERYL ENGLEHART (CHIEF FINANCIAL OFFICER (FORMER)): $163,204 total reported compensation
  • ROCIO SAUCEDO (CHIEF FINANCIAL OFFICER (CURRENT)): $58,173 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enable our local youth, especially those who need us most, to reach their full potential as productive, caring, responsible citizens. We aim to be a premier nonprofit in youth development with innovative and integrated programming across disciplines.

What it reported doing in 2023

Boys and girls club of venice (the club) has served youth in the venice, California area with educational, performing and fine arts, social recreation and counseling programs since opening in 1967. It is governed by an appointed board of directors and operated by a chief professional officer, paid staff and volunteers. The club is supported primarily by contributions and public support.at january 1, 2023 the club was aquired by boys and girls clubs of metro los angeles to which the club granted all of its assets and liabilities which resulted in net assets granted of $21,803,315.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 3
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 60th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • 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: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0.1%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 28.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: -1.8% per year; rating input score 0; 55th percentile among comparable filings
  • Asset growth: -2.8% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 38 of 38 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $21.8M in reported program spending
  • Leadership: top reported pay $317K · 41 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 13 filing years from 2011 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 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.

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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.