Boys & Girls Clubs of Miami Inc

Nonprofit profile at a glance

EIN
590879227
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Miami, FL, USA
Phone
3054469910
Rating
69
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Human Services

Official website

Reported finances

Revenue
$19,074,708
Expenses
$7,447,588
Assets
$20,433,013
Liabilities
$3,069,982

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

Leadership & pay

51 people listed

Executive titles in this filing

  • ALEXANDER RODRIGUEZ-ROIG (PRESIDENT)
  • RAQUEL FERNANDEZ (VICE PRESIDENT OF DEVELOPM)
  • DAVID ACOSTA (VICE PRESIDENT OF FINANCE)
  • DIANEL VIS PEREZ (VICE PRESIDENT OF OPERATIONS)

Highest reported compensation

  • ALEXANDER RODRIGUEZ-ROIG (PRESIDENT): $263,500 total reported compensation
  • RAQUEL FERNANDEZ (VICE PRESIDENT OF DEVELOPM): $148,387 total reported compensation
  • DAVID ACOSTA (VICE PRESIDENT OF FINANCE): $123,906 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 services and programs for children.

What it reported doing in 2024

The boys and girls clubs of miami-dade currently serves over 12,000 participants every year. We have two main programs, project learn and great futures for teens. Project learn serves children in k-6th grades monday through friday during the school year. It offers activities such as: literacy; homework assistance; tutoring; various computer software programs; (steam) science, technology, engineering, arts, and math; physical fitness and recreational activities; family engagement events; and nutritious snacks/meals. These are all delivered in an engaging and fun format. Enrichment activities for art feature subject matter expert teachers and educational field trips (when possible again) that further understanding. Project learn is a complete and comprehensive after-school and summer program. The great futures for teens program serves youth in grades 7th-12th. This program also operates monday through friday during the school year and provides participants life skills, college readiness, career preparedness, financial literacy, sat/act strategies, fitness, tutoring, stem, community service engagement, leadership development, mentoring and assistance to help with summer employment. Our youth are able to be mentored in our programs to deal with the many adverse effects this pandemic has brought upon us. Our mentoring and guidance through these difficult times help open the doors for our children and youth to become successful members of society. We are part of the solution in developing our kids disadvantaged communities from crime-ridden zones to wonderful communities and neighborhoods.

Operating model

Revenue model
Other-operating. 71% of the money available for current operations came from other operating revenue.
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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 69
  • Accountability: 100
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.4%; rating input score 32
  • Program expense ratio: 81.5%; rating input score 82
  • Fundraising efficiency: $8.52 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 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: 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: 61%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 2.74; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 8.7%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 15.5% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 2.8% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: 32.4% of revenue deployed · 81.5% of spending went to programs
  • Governance: 47 of 47 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $6.1M in reported program spending
  • Leadership: top reported pay $264K · 51 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.