Boys & Girls Clubs of Cleveland

Nonprofit profile at a glance

EIN
340770686
IRS 990 coverage
2011–2018
Forms available
Form 990 2018
Location
Cleveland, OH, USA
Phone
2168832106
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$4,462,783
Expenses
$4,955,732
Assets
$6,499,827
Liabilities
$339,284

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

Leadership & pay

71 people listed

Executive titles in this filing

  • RON SOEDER (PRESIDENT)

Highest reported compensation

  • RON SOEDER (PRESIDENT): $138,787 total reported compensation
  • ROBERT KOONCE (CHIEF DEVELOPMENT OFFICER): $131,632 total reported compensation
  • ALLEN SMITH (DIRECTOR OF OPERATIONS): $127,117 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 inspire and enable young people who need us most to realize their full potential as productive, responsible, caring citizens.

What it reported doing in 2018

Academic success: this impact area affects the clubs' mission to enable young people who need us most to reach their full potential. Programs seek to engage youth in education, reduce high school drop out rates, and encourage high school graduation and post-secondary opportunities by teaching basic educational disciplines, technology and the arts, nuturing creativity, cultural awareness and appreciation for the arts. In 2018, 97% of our regularly attending seniors graduated from high school.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
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: 78
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 32
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.7%; rating input score 89
  • Program expense ratio: 76.9%; rating input score 77
  • Fundraising efficiency: $6.86 raised per $1 spent on fundraising; rating input score 30; 30th 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: 100%; rating input score 100; 71st 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; 64th percentile among comparable filings
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 1.31; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 8%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 3.9% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 0.5% per year; rating input score 100; 22nd percentile among comparable filings
  • Asset growth: -3% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 88.7% of revenue deployed · 76.9% of spending went to programs
  • Governance: 68 of 68 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $3.8M in reported program spending
  • Leadership: top reported pay $139K · 71 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2011 to 2018
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Financial Efficiency: Fundraising efficiency scored 30/100.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.