Boys & Girls Club of Garfield Inc
Nonprofit profile at a glance
- EIN
- 221660518
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Garfield, NJ, USA
- Phone
- 9734787662
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Boys and Girls Clubs
Reported finances
- Revenue
- $1,989,576
- Expenses
- $2,027,304
- Assets
- $1,857,797
- Liabilities
- $114,733
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- ZVONKO VESKOV (PRESIDENT)
- ANNA SCIACCA (PAST PRESIDENT)
- SHANE SUDOL (CEO)
Highest reported compensation
- SHANE SUDOL (CEO): $119,254 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 promote the health, social, educational, vocational and character development for boys and girls
What it reported doing in 2024
The club provides recreational and educational activities to its members which consist of young people of bergen county, nj. The programs offered have been designed to develop character and leadership, improve educational performance, teach health and life skills, develop creativity and encourage fitness. These programs have been tested and proven in boys and girls club across the country.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.9%; rating input score 87
- Program expense ratio: 85.3%; rating input score 85
- Fundraising efficiency: $16.91 raised per $1 spent on fundraising; rating input score 54; 54th 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: 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: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.9%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.92; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 5.9%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 6.1% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 86.9% of revenue deployed · 85.3% of spending went to programs
- Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.7M in reported program spending
- Leadership: top reported pay $119K · 17 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 54/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.