Better Business Bureau Report for
Boys' Club of St. Louis

Better Business Bureau Report issued November 2005
Better Business Bureau Report expires November 2007


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Boys' Club of St. Louis
Address: 2524 South 11th Street
  St. Louis , MO 63104
Phone: 314-772-5661
Web Address:
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Better Business Bureau Comments

Year, State Incorporated:
Affiliates:
Stated Purpose:

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Evaluation Conclusions

               

Boys' Club of St. Louis (BCSTL ) does not meet the following 4 Standards for Charity Accountability.

Standard 6: Board Policy on Effectiveness - Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

Boys' Club of St. Louis does not have a board policy on assessing organizational performance and effectiveness. 

Standard 7: Board Approval of Written Report on Effectiveness - Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

Boys' Club of St. Louis does not have a board policy on assessing organizational performance and effectiveness. 

Standard 13: Accuracy of Expenses in Financial Statements - Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fund raising expenses or otherwise understate the amount a charity spends on fund raising, and/or overstate the amount it spends on programs will not meet this standard.

The BBB questions the amount of money this organization allocated to fundraising expenses for the year ending 12/31/04.  According to the functional breakdown of expenses in this organization's audited financial statements for the year ending 12/31/04 the only expenses allocated to fundraising were for its annual golf tournament.  In addition, its IRS Form 990 does not report any fundraising expenses. 

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

This organization did not send the BBB an annual report. 

Boys' Club of St. Louis (BCSTL ) meets the remaining 16 Standards for Charity Accountability.
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Programs

               

Physical Education, Recreation, Athletics, Social Recreation, and Cultural Arts.

For the fiscal year ended December 31, 2004, BCSTLBoys' Club of St. Louis 's program expenses were:

  
Social Development Program 497,817
Recreation Program 383,824
Total Program Expenses: $881,641
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Governance

               

Chief Executive : Thomas K. Wild , Executive Director
Compensation*:
 $102,543

Chair of the Board: Eugene Slay
Chair's Profession / Business Affiliation: Chairman & CEO, Slay Industries

Board Size: 22

Paid Staff Size: 22

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail, invitations to fund raising events
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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 BCSTLBoys' Club of St. Louis 's audited financial statements for the fiscal year ended December 31, 2004.

Source of Funds  
Annual Golf Tournament 499,501
United Way Support 406,562
Contributions 191,072
Investment Income 162,460
Donated Good and Services 38,265
Net Realized Gains on Investment Secrurities 38,177
Membership Dues 15,872
Trust Fund Contributions 14,641
Miscellaneous 4,271
Total Income $1,370,821


chart



Uses of Funds as a % of Total Expenses

Programs: 77%  Fund Raising: 12%  Administrative: 11% 

Total income   $1,370,821
  Program expenses $881,641
  Fund raising expenses 142,609
  Administrative expenses 128,357
 
Total expenses   $1,152,607
Income in Excess of Expenses   218,214
Beginning net assets   4,498,285
Ending net assets   4,716,499
Total liabilities   18,975
Total assets   $4,735,474


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