Boys & Girls Club of the Virginia Peninsula Foundation Inc
Nonprofit profile at a glance
- EIN
- 541568297
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Newport News, VA, USA
- Phone
- 7572237204
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Boys and Girls Clubs
Reported finances
- Revenue
- $220,207
- Expenses
- $203,424
- Assets
- $4,150,375
- Liabilities
- $6,745
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- GARY MINTER (CHAIRMAN)
- JAMES BAYNE (TREASURER)
- REX DAVIS (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Educational programs and scholarships. To acquire and manage assets which be used to motivate, educate, and train all youth, especially disadvantage youth, and to inspire them to reach their full potential by offering life enhancing programs, academic instruction and educational scholarships.
What it reported doing in 2024
Funding for educational programs which benefited over 300 youth on the Virginia peninsula. Specific programs include: project learn which reinforces and enhances the skills and knowledge young people learn at school. Power hour which provides homework help and tutoring for at least one hour a day. Junior staff career development which provides hands-on experiences with helping others in the club and community. Financial literacy provides the skills and knowledge that allows an individual to make informed decisions about their financial resources. The boys & girls clubs of the Virginia peninsula foundation seeks to help all youth live full, satisfying and productive lives. The outcomes below describe our expectations and goals for young people in our programs. These outcomes encompass behaviors, knowledge, skills, values and motivation. We must pay special attention to assuring that outcomes are achieved inclusive of ethnicity and gender. Our youth, who enter the world with the capacities described here, can become responsible citizens and leaders able to support themselves and live successful lives. Positive self identity: youth have the knowledge, skills, strategies and attitudes necessary for a positive foundation for success. They develop competence in the following areas: educational youth are proficient in basic educational disciplines and have the capacity to utilize technology. Having graduated from high school, they are motivated to pursue learning opportunities throughout their lives. Employment youth have the skills and attributes tobe successful in the work force. They are motivated to constantly develop new skills adn hone existing skills to maintain a competitive edge. Social youth are able to develop and sustain positive relationships with others. Emotional youth are able to recognize, reflect onand appropriately express their emotions, manage stress and cope with positive and adverse situations. Cultural youth have an understanding and respect for their own cultural identity and for the cultures of others. They are able to contribute in a multiculturalsociety and demonstrate tolerance for the differences among people. Community and civic involvement youth have a sense of belonging to their community, family and/or group and are willing to take civic responsibility. They work closely with others to contribute to thegreater good. Health and wellbeing youth live healthy lifestyles, take part in regular fitness activities, are able to access health care resources and engage in positive behaviors. They use sound judgment about personal safety, nutrition and avoidance of alcohol, drugsand premature sexual activity. Moral compass youth have values enabling them to develop positive relationships with others. These values include honesty, a sense of justice and fairness, respect, caring and spirituality.
Operating model
- Revenue model
- Investment-supported. 86% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 94
- Accountability: 94
- Sustainability: 69
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84.7%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th 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 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: Fail
Sustainability
- Operating margin: 7.6%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 20.4; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -15.3% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -10.5% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 84.7% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $172K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Operating margin scored 56/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.