Lubbock Boys' & Girls' Club Capital Improvement Fund

Nonprofit profile at a glance

EIN
237101858
IRS 990-EZ coverage
2009–2023
Forms available
Form 990-EZ 2023
Location
Lubbock, TX, USA
Phone
8067922880
Rating confidence
Limited

Reported finances

Revenue
$0
Expenses
$149
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • GREG FREEMAN (PRESIDENT)

People named in this filing

  • GREG FREEMAN (PRESIDENT)
  • CHARLES HANKSON (SECRETARY/TREASURER)
  • BUDDY MAYFIELD (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To operate for benevolent, charitable, & educational purposes only. To raise, invest, and distribute funds to the lubbock boys' & girls' club, inc. As long as the lbgc is qualified to receive such funds under section 501(c)3 of the internal revenue code. To do all those things necessary to carry out the above and foregoing purposes for which the corporation itself is intended and to do those things permitted by the Texas non-profit corporation act and its amendments.

What it reported doing in 2023

Allocated funds to the lubbock boys & girls club. Funds are generally used to make repairs, improvements and for the general upkeep of the land and buildings owned by the lubbock boys & girls club. $149 was transfered to the boys and girls club in fiscal year ending june 30th, 2024.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -30.5% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -20.7% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -13.9% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $149 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.