BBB Charity Review

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BBB Reliability Report for

Boys & Girls Club of Cabarrus County


This BBB Accredited Charity meets all 20 Standards for Charity Accountability.
BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.
Name: Boys & Girls Club of Cabarrus County
Phone: (704) 788-1882
Address: 247 Spring St. NW
Concord, NC 28025
Website: www.bgclubcab.org
Report Creation Date: September 1, 2015
Report Expiration Date: August 30, 2017
Principal: Ms. Valerie Melton, Executive Director
Customer Contact: Ms. Valerie Melton, Executive Director - (704) 788-1882 or
Entity: Corporation
Incorporated: January 1946, NC
Employees: 89 Full Time.
File Open Date: September 2007
Type of Business: Charity - Children & Youth, Charity - Community Development & Civic Organizations, Charity - Human Services (i.e. assistance to individuals & families)

Stated Purpose

The Boys & Girls Club of Cabarrus County provides recreation and educational programs to over 1,500 youth in Cabarrus County.


Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.


Programs

Total Program Expenses:$1,338,599

Governance

Chief Executive Officer:Valerie Melton, Executive Director
Board Size:24
Paid Staff Size:89 Full Time.

Fund Raising

Method(s) Used:The Boys & Girls Club of Cabarrus County's fundraising methods in clude direct and indirect public support, government contributions, and grants.


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.


Financial

According to Boys & Girls Club of Cabarrus County's IRS 990 for the year ended June 30, 2014:

Income
 Total Income:$1,574,360
 
Expenses  % of total
Expenses
% of total
Income
 Programs:$1,338,599 86.10%85.02%
 Fund Raising:$84,847 5.46%5.39%
 Administrative:$131,333 8.45%8.34%
 Other:$0 0.00%0.00%
 Total Expenses:$1,554,779
 
Excess of Income over Expenses$19,581
Ending Net Assets:$8,284,479
Total Assets$8,561,953
Total Liabilities$277,474

* Excess for the year indicates the portion of income remaining after expenses.


Additional Contact Information

Additional Addresses
P.O. Box 1405
Concord, NC  28026-6000


ID: 157442
Report as of February 4, 2016 19:56
Copyright© 2016 Better Business Bureau


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