Boys and Girls Clubs of Central Carolina

Nonprofit profile at a glance

EIN
561923703
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Sanford, NC, USA
Phone
9198250103
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$4,775,284
Expenses
$2,274,373
Assets
$4,734,177
Liabilities
$128,225

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

Leadership & pay

21 people listed

Executive titles in this filing

  • KYLE SHIPP (PRESIDENT)
  • ED STRICKLAND (VICE PRESIDENT (UNTIL 5/16/24))
  • FAYE CRESS (VICE PRESIDENT (5/16/24 TO 8/25/24))
  • GEORGE WOMBLE (VICE PRESIDENT (AS OF 9/19/24))
  • JOE LANGLEY (PAST PRESIDENT (UNTIL 8/26/24))
  • SARAH WOMACK (CEO (UNTIL 5/16/24))

Highest reported compensation

  • CHET EMERSON (INTERIM CEO (7/24-10/24)): $43,600 total reported compensation
  • SARAH WOMACK (CEO (UNTIL 5/16/24)): $37,286 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 enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens.

What it reported doing in 2024

The boys & girls clubs of central carolina serves youth ages 6 to 18 and their families across lee, chatham, and harnett counties. Through a diverse range of programsfrom homework assistance and athletics to drug prevention and workforce developmentthe clubs provide safe, engaging, and educational opportunities that help young people learn, grow, and succeed.during the school year, members participate in programs such as power hour (homework assistance), the evidence-based triple play program(continued on schedule o) (promoting mind, body, and soul wellness), smart moves (skills, mastery, and resistance training), and project learn (career development and learning loss prevention). Summer programs focus on mitigating learning loss through educational enrichment, recreational activities like swimming, and fun, hands-on field trips.the organization operates four club sites: the o.t. Sloan park club in sanford, the siler city club in siler city, the robin paige club in lillington, and the pittsboro club in pittsboro, nc. Collectively, the clubs serve more than 500 youth daily and maintain a membership of approximately 1,000 registered members.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 89% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 79
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.3%; rating input score 41
  • Program expense ratio: 86.2%; rating input score 86
  • Fundraising efficiency: $33.54 raised per $1 spent on fundraising; rating input score 71; 71st 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: 100%; rating input score 100; 72nd 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; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 52.4%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 2.08; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 3.6%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 7% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 10.7% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 7.1% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 41.3% of revenue deployed · 86.2% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2M in reported program spending
  • Leadership: top reported pay $44K · 21 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.