Better Business Bureau Report for
Boys & Girls Clubs of Metro Richmond

Better Business Bureau Report issued September 2010
Better Business Bureau Report expires November 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Boys & Girls Clubs of Metro Richmond
Address: 5511 Staples Mill Rd. Ste. 301
  Richmond, VA 23228
Phone: 804-359-5250
Web Address: http://www.BGCMR.ORG
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Better Business Bureau Comments

Year, State Incorporated: 1945, Virginia
Affiliates: None
Stated Purpose: Our mission is to empower young people, especially those from disadvantaged circumstances, to succeed in life.

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Evaluation Conclusions

               

Boys & Girls Clubs of Metro Richmond (BGCMR) meets the 20 Standards for Charity Accountability.
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on BGCMR's audited financial statements for the fiscal year ended June 30, 2009.

Source of Funds  
Grants 1,135,735
Contributions 810,265
United Way Services 274,405
Special Events 239,750
Program Service Fees 239,398
Miscellaneous Income 98,880
Membership dues 25,018
Contributions In-Kind 11,754
Gain on sale of property and equipment 10,225
Investment Loss -180,898
Total Income $2,664,532


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Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 8%  Administrative: 12% 

Total income   $2,664,532
  Program expenses $2,481,969
  Fund raising expenses 256,444
  Administrative expenses 383,206
 
Total expenses   $3,121,619
Expenses in Excess of Income   (457,087)
Beginning net assets   6,250,183
Ending net assets   5,793,096
Total liabilities   469,311
Total assets   $6,262,407


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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