Boys & Girls Clubs of Mercer County Foundation Inc
Nonprofit profile at a glance
- EIN
- 475552013
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- Trenton, NJ, USA
- Phone
- 6093923191
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $462,497
- Expenses
- $450,612
- Assets
- $8,561,616
- Liabilities
- $17,954
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Bill Straughn (President)
- William Sheehy (Vice President)
Highest reported compensation
- David Anderson (Foundation Dir.): $56,917 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 provide significant financial support to the Boys & Girls Clubs of Mercer County through growth and stewardship of our endowment to improve the lives of current and future Mercer County youth.
What it reported doing in 2024
The Boys & Girls Clubs of Mercer County Foundation was established in 2015 to steward and grow the Clubs endowment to provide long term financial support to the Boys & Girls Clubs of Mercer County, and the youth & families they serve.The Foundation's mission is to provide significant financial support to the Boys & Girls Clubs of Mercer County through growth and stewardship of our endowment to improve the lives of current and future Mercer County youth.Foundation Functions & ActivitiesBoard of Trustees supervises the Foundation Director in operations of the foundation, has fiduciary oversight of the endowment, investment policies and operating budget of the Foundation and develops and supports the implementation of the Foundations Strategic Plan.The foundation provides annual financial support to the Club. Each December the Foundation makes a 4% contribution of its endowment balance to the Club. In 2024 this gift was approximately $292,000. While the majority of these funds are undesignated, some are designed towards teen scholarships, capital/facility projects, and specific programs.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- 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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 86
- Accountability: 90
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.4%; rating input score 84
- Program expense ratio: 64.7%; rating input score 65
- Fundraising efficiency: $5.14 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.6%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 19; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 12.6%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 15.8% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 36.6% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 84.4% of revenue deployed · 64.7% of spending went to programs
- Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $291K in reported program spending
- Leadership: top reported pay $57K · 10 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Fundraising efficiency scored 23/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 45/100.
- Review — Transparency & Controls: Foreign grants require schedule f did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 27/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.