Boys and Girls Clubs of Sarasota and Desoto Counties Inc

Nonprofit profile at a glance

EIN
596211876
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Sarasota, FL, USA
Phone
9413663911
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$16,338,041
Expenses
$9,667,465
Assets
$46,242,183
Liabilities
$11,164,915

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

Leadership & pay

27 people listed

Executive titles in this filing

  • BILL SADLO (PRESIDENT/CEO)

Highest reported compensation

  • BILL SADLO (PRESIDENT/CEO): $305,126 total reported compensation
  • DAWN FOUSE PAGE (VP OF OPERATIONS): $166,450 total reported compensation
  • SURIYA KHONG (VP OF TEEN INITIATIVES): $141,107 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. A boys & girls club provides a safe place to learn and grow...ongoing relationships with caring, adult professionals...life-enhancing programs and character development experiences...hope and opportunity.clubs provide diverse activities that meet the interest of all youth. Core programs engage young people in activities with adults, peers and family members that enable them to develop self-esteem and to reach their full potential. Programs are based on physical, emotional, cultural, and social needs and interests of young people.

What it reported doing in 2024

The teen program of the boys & girls clubs of sarasota and desoto counties is committed to empowering teens to succeed academically and live a healthy lifestyle while making a difference in our community. Bgcsdc teen programs stress leadership development, volunteerism and community service and entrepreneurial education, allowing teens to gain skills through experiences that will have a long-lasting impact on their future.

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.
  • 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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 79
  • Accountability: 97
  • Sustainability: 76
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.7%; rating input score 47
  • Program expense ratio: 74.9%; rating input score 75
  • Fundraising efficiency: $14.73 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95.2%; rating input score 95; 29th 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: 40.8%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 4.78; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 53; 53rd percentile among comparable filings
  • Officer compensation ratio: 10.2%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 5.1% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: 10.7% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 10.4% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 46.7% of revenue deployed · 74.9% of spending went to programs
  • Governance: 20 of 21 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $7.2M in reported program spending
  • Leadership: top reported pay $305K · 27 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.9M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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 47/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Review — Sustainability: Liabilities to assets ratio scored 53/100.