Boys & Girls Clubs in Tennessee

Nonprofit profile at a glance

EIN
264568046
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Knoxville, TN, USA
Phone
8652321187
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Support N.E.C.

Official website

Reported finances

Revenue
$19,878,289
Expenses
$19,828,051
Assets
$1,778,390
Liabilities
$566,746

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

Leadership & pay

14 people listed

Executive titles in this filing

  • TONY MELSON (PRESIDENT & EXEC. COMMITTEE)
  • BRIAN MCCORMACK (VICE PRESIDENT & EXEC. COMMITTEE)

Highest reported compensation

  • TODD PIPKIN (DIRECTOR): $178,410 total reported compensation
  • ROBYN PEERY (DIRECTOR): $166,192 total reported compensation
  • TRAVIS SMITH (DIRECTOR): $147,230 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 exclusively the social welfare of boys and girls in Tennessee; to provide guidance and to promote the health, social, educational, vocational, character, and cultural development of boys and girls in Tennessee without regard to race, color, creed, or national origin; and to receive, invest, and disburse funds, and to hold property for the purpose of the corporation.

What it reported doing in 2024

Leap: (lottery for education afterschool programs) leap works with boys and girls clubs in Tennessee with the common goal of enhancing academic opportunities for students. Through the leap program, students in Tennessee are provided with academthe financial stimulus accountability group (fsag) is a joint bipartisan legislative and executive branch committee charged by the governor with ensuring the appropriate and prudent planning for new federal funds received by the state of Tennessee. The department of human services and its non-profit grant administrators successfully executed the first step of incorporating non-profits into the state's pandemic response, fully subscribing the $150 million in federal funds proposed. This was the result of a competitive process of receiving 1350 applications for nearly $435 million of proposed expenses. These grants support the service of diverse populations and communities across the state.ic enrichment opportunities that reinforce and complement their regular academic program. Several clubs in Tennessee are part of this initiative.

Operating model

Revenue model
Grant-funded. 100% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 99% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 75
  • Accountability: 79
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.2%; rating input score 99
  • Program expense ratio: 99.4%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 64.3%; rating input score 64; 11th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • 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: Pass

Sustainability

  • Operating margin: 0.3%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 0.4%; rating input score 90; 90th percentile among comparable filings

Growth

  • Program expense growth: 19.3% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 17.7% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 12.4% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 99.2% of revenue deployed · 99.4% of spending went to programs
  • Governance: 9 of 14 board members independent · 7 of 7 filing controls reported
  • Programs: 8 filed program accomplishments · $19.7M in reported program spending
  • Leadership: top reported pay $178K · 14 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 20 filed money-flow records
  • Related organizations: 22 filed related-organization links
  • 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.

  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.