Boys & Girls Clubs of Northeast Ind
Nonprofit profile at a glance
- EIN
- 351778767
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Fort Wayne, IN, USA
- Phone
- 2607440998
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Human Services
Reported finances
- Revenue
- $5,114,499
- Expenses
- $5,274,139
- Assets
- $16,440,020
- Liabilities
- $1,728,312
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- JOE JORDAN (CEO)
Highest reported compensation
- JOE JORDAN (CEO): $280,019 total reported compensation
- Christopher Crease (COO): $130,471 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 inspire all young people, especially those who need us the most, to reach their full potential as productive, caring, responsible citizens.
What it reported doing in 2024
The mission of the boys & girls clubs of fort wayne is "to inspire all young people, especially those who need it most, to reach their full potential as productive, caring, and responsible citizens." we accomplish our mission through our vision: to be the leader in addressing the growing needs of young people through exceptional programming, staff, facilities, and strategic partnerships and collaborations. Our formula for impact prioritizes academic success, good character & leadership, and healthy lifestyles. Of the youth that benefit from out services, 59% are african american, 14%are multiracial, 7% are hispanic, and 12% are caucasian. The ratio of boys to girls is about 50% female and 50% male. The children we serve are faced with daunting challenges. More than 70% are from single parent or foster care households with 70% qualifying for free or reduced lunches at their schools. They all come from low income, racially diverse neighborhoods where substance abuse, unemployment, and violent crime are the highest in the city.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 80
- Accountability: 92
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.9%; rating input score 98
- Program expense ratio: 94.9%; rating input score 95
- Fundraising efficiency: $135.97 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.1%; rating input score 94; 24th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.1%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 3.12; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 16.9% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 13.3% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 97.9% of revenue deployed · 94.9% of spending went to programs
- Governance: 16 of 17 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5M in reported program spending
- Leadership: top reported pay $280K · 18 people listed · 3 of 6 pay-setting controls reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- 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.
- High — Sustainability: Operating margin scored 24/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.