Boys & Girls Club of Greater Salem Inc

What it reported doing in 2024

The Boys & Girls Club of Greater Salem's vision is to provide a world-class Out of School Time Club Experience that assures success is within reach of every young person who walks through our doors, with all members on track to graduate from high school with a plan for the future, demonstrating good character and citizenship, and living a healthy lifestyle. As a private, non-profit organization (with a national affiliation) that is committed to providing Out of School Time youth programming for any child who wants to attend our programs, regardless of their family's ability to pay, we must rely on the community to fund our programs. Our revenue consists of state and local funds, philanthropic donations and Membership fees.Our curriculum is intentional and we consider our programs to be an extension of school day learning. Our youth start their time with Power Hour where staff and volunteers mobilize to help members with their homework, make sure that it is done correctly, and that it is in the school bag all ready for the next day at school. Beyond Power Hour, members may choose from a broad array of programming. Examples include Robotics, Dance, Creative Writing, Cooking Club, Drama, Yoga and many gym activities. Members may try out for competitive travelling athletic teams such as basketball where they play teams from other Boys & Girls Clubs in the region.Our programs are designed to include: - fun - safe and positive environment - relationships with professional and caring adults - high expectations and challenging programming - high-yield activities and targeted programs - healthy food - snacks and mealsIn FY25, the Club served over 350 youth in its four programs: Licensed Afterschool for ages 5 - 12, Drop-In Youth Afterschool, ages 8 - 12, Teen Drop-In (year round), ages 12 - 18, and Summer Camp, ages 5 - 12. From a survey conducted by the Boys & Girls Club of America, our Club Members report (over 90% in each area) feeling safe, a sense of belonging and meaningful adult connections. Our teens report that they are on track to graduate (95%) and have a career goal in mind (over 90%).

Financial Efficiency

• Mission deployment rate: 74.8%; rating input score 75
• Program expense ratio: 70.1%; rating input score 70
• Fundraising efficiency: $7.72 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 24th 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: 7 of 8 controls in place; rating input score 88
  • 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: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -5.1%; rating input score 24; 24th percentile among comparable filings
• Total-asset coverage ratio: 1.25; rating input score 50; 50th percentile among comparable filings
• Liabilities to assets ratio: 0.18; rating input score 34; 34th percentile among comparable filings
• Officer compensation ratio: 9.8%; rating input score 37; 37th percentile among comparable filings

Growth

• Program expense growth: 0.7% per year; rating input score 100; 21st percentile among comparable filings
• Revenue growth: 3.1% per year; rating input score 100; 32nd percentile among comparable filings
• Asset growth: 4.5% per year; rating input score 100; 36th percentile among comparable filings