Boys & Girls Club of Simi Valley

Nonprofit profile at a glance

EIN
952811018
IRS 990 coverage
2012–2018
Forms available
Form 990 2018
Location
Simi Valley, CA, USA
Phone
8055274437
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Boys and Girls Clubs

Official website

Reported finances

Revenue
$2,695,142
Expenses
$2,783,757
Assets
$821,560
Liabilities
$265,361

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • VIRGINIA HAYWARD (CEO)
  • VIRGINIA HAYWARD (CEO)

Highest reported compensation

  • VIRGINIA HAYWARD (CEO): $92,205 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide a year round, positive, safe, healthy, fun and educational environment that prepares our youth to become responsible individuals caring individuals.

What it reported doing in 2018

After school safety and education program (ases: in 2/07, the boys and girls club of simi valley expanded our after-school program to provide free after-school care, transportation, home work help, and one-on-one tutoring to 180 disadvantaged children at simi's two title i schools. Most participating students from these schools fall below academic grade level standards and are from families who are unable to help with homework because they don't speak english. The club's ases program is curriculum-based and aligned with school requirements. Our instructors are certified by the school district standards. Since the inception of the program, we have seen dramatic improvement in participant's academic proficiencies, and would like to continue to expand the program by offering more students the help they need to succeed.

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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 90
  • Accountability: 87
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.2%; rating input score 97
  • Program expense ratio: 94.1%; rating input score 94
  • Fundraising efficiency: $26.69 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 86.4%; rating input score 86; 18th 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.3%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 3.3%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 97.2% of revenue deployed · 94.1% of spending went to programs
  • Governance: 19 of 22 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $2.6M in reported program spending
  • Leadership: top reported pay $92K · 23 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2012 to 2018
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.