2024-01-24T07:39:08-06:00 2023-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2022-07-01 066026005 THE BOYS AND GIRLS CLUBS OF HARTFORD BOYS 8609297690 170 SIGOURNEY STREET HARTFORD CT 06105 SAMUEL GRAY JR CHIEF EXECUTIVE OFFICER 8609297690 2024-01-22 1 SAMUEL GRAY JR 999009999 1 LAURA KIELCZEWSKI P00740769 9592007000 2024-01-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SAMUEL GRAY JR 170 SIGOURNEY STREET HARTFORD CT 06105 8610530 0 X WWW.BGCHARTFORD.ORG X 1860 CT TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS. 45 45 152 275 0 0 9039786 6563001 227039 201096 603808 419108 93160 90076 9963793 7273281 0 0 0 0 4048422 4808342 36749 0 781300 2198885 3044643 6284056 7852985 3679737 -579704 43657664 44214807 534322 650314 43123342 43564493 X PLEASE REFER TO SCHEDULE O FOR FULL DESCRIPTION. 0 0 871307 20050 CHARACTER & LEADERSHIP DEVELOPMENTPROGRAMS IN THIS AREA ENCOURAGE YOUNG PEOPLE TO SUPPORT THEIR COMMUNITY THROUGH CIVIC ENGAGEMENT AND VOLUNTEERISM. PROGRAM ACTIVITIES ARE ALSO DESIGNED TO HELP MEMBERS DEVELOP GOOD CHARACTER AND POSITIVE SELF-IMAGE, WHILE DEVELOPING HEALTHY RELATIONSHIPS WITH OTHERS.KEY PROGRAMS:TORCH CLUB - IS A LEADERSHIP AND SERVICE CLUB FOR BOYS AND GIRLS AGES 11 - 13.KEYSTONE CLUB - IS A LEADERSHIP AND SERVICE CLUB FOR BOYS AND GIRLS AGES 14 - 18.YOUTH OF THE YEAR - LOCAL, REGIONAL, AND NATIONAL COMPETITION THAT RECOGNIZES EXCEPTIONAL YOUTH WHO EXHIBIT POISE, EXCELLENT PUBLIC SPEAKING SKILLS, CHARACTER AND LEADERSHIP. NATIONAL COMPETITION CULMINATES IN THE TOP FIVE TEENAGERS MEETING THE PRESIDENT OF THE UNITED STATES IN THE OVAL OFFICE. 2323487 202729 ACADEMIC & CAREER DEVELOPMENTPROGRAMS IN THIS AREA HELP YOUTH DEVELOP THEIR EDUCATIONAL DISCIPLINES, SET GOALS, EXPLORE CAREERS, AND LEARN ABOUT TECHNOLOGY.KEY PROGRAMS:POWER HOUR - SMALL-GROUP TUTORING AND DAILY HOMEWORK ASSISTANCECAREERLAUNCH - CAREER EXPLORATION AND JOB READINESS. PROVIDES TOOLS FOR MEMBERS AGES 13 - 18 TO ASSESS THEIR SKILLS AND INTERESTS, EXPLORE DIFFERENT CAREER OPTIONS, AND READY THEMSELVES FOR EMPLOYMENT.GOALS FOR GRADUATION - HELPS MEMBERS LINK THEIR FUTURE ASPIRATIONS WITH CONCRETE SHORT-TERM AND LONG-TERM ACADEMIC GOALS.DIPLOMAS TO DEGREES - SUPPORTS STUDENTS AS THEY WORK TOWARD HIGH SCHOOL GRADUATION AND PREPARE FOR POST-SECONDARY EDUCATION AND CAREERS.MONEY MATTERS - TEACHES MEMBERS AGES 13 - 18 HOW TO MANAGE MONEY, CHECKING ACCOUNT, BUDGET, SAVING AND INVESTING.MYFUTURE.COM - INTRODUCTION TO TECHNOLOGY USING VARIOUS TYPES OF SOFTWARE AND COMPUTING DEVICESTHE ARTS - PROGRAMS TO HELP MEMBERS DEVELOP THEIR CREATIVITY AND ENCOURAGE SELF-EXPRESSION. 2613923 HEALTH & LIFE SKILLS PROGRAMS IN THIS AREA ENCOURAGE AND EMPOWER YOUNG PEOPLE TO MAKE POSITIVE CHOICES THAT SUPPORT AND NURTURE THEIR PHYSICAL AND PERSONAL WELL-BEING.KEY PROGRAMS:HEALTHY HABITS - PROGRAM IS DESIGNED TO TEACH YOUNG PEOPLE HOW TO LIVE HEALTHY THROUGH GOOD NUTRITION, EXERCISETRIPLE PLAY - HEALTH AND WELLNESS PROGRAM THAT STRIVES TO IMPROVE THE OVERALL HEALTH OF MEMBERS THROUGH ACTIVITIES THAT FOCUS ON RECREATION, PHYSICAL FITNESS, AND INTRAMURAL SPORTS LEAGUES.SMART MOVES - NATIONALLY ACCLAIMED PROGRAM THAT TEACHES YOUNGSTERS TO RESIST ALCOHOL, TOBACCO, DRUGS, AND PREMATURE SEXUAL ACTIVITY. SMART GIRLS - SMALL-GROUP PROGRAM FOR GIRLS AGES 8 - 12 AND 13 - 17, THAT HELPS GIRLS BUILD SKILLS FOR EATING RIGHT, STAYING PHYSICALLY FIT, MAINTAINING GOOD HEALTH CARE, AND DEVELOPING POSITIVE RELATIONSHIPSPASSPORT TO MANHOOD - DESIGNED FOR BOYS AGES 11 - 14 TO HELP THEM ADDRESS CRITICAL ISSUES THEY FACE, INCLUDING ETHICS, DECISION MAKING, WELLNESS, FATHERHOOD, EMPLOYMENT, AND MORE. 5808717 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 37 0 1 152 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 45 45 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CT X X SUSAN COLBY 8607240700 170 SIGOURNEY STREET HARTFORD CT 06105 ALAN KRECZKO BOARD MEMBER 2.00 X 0 0 0 AMY GALLENT BOARD MEMBER 1.00 X 0 0 0 ANDREW DEPEAU BOARD MEMBER 0.50 X 0 0 0 ANNE HILDRETH BOARD MEMBER 1.00 X 0 0 0 AN-PING HSIEH VICE CHAIR 1.50 X X 0 0 0 BIMAL PATEL BOARD MEMBER 0.50 X 0 0 0 BRENT HOFFMAN OUTGOING BOARD MEMBER 0.50 X 0 0 0 BRIAN RUNKLE BOARD MEMBER 1.50 X 0 0 0 BRUCE MANDELL BOARD MEMBER 1.50 X 0 0 0 CHERITA MCINTYRE BOARD MEMBER 1.00 X 0 0 0 CHRIS MCDAVID BOARD MEMBER 1.50 X 0 0 0 DANIEL K CLARK BOARD MEMBER 1.00 X 0 0 0 DAYNA LATINO BOARD MEMBER 1.00 X 0 0 0 DONNY MARSHALL BOARD MEMBER 1.00 X 0 0 0 DUNCAN R MACKAY BOARD MEMBER 2.00 X 0 0 0 EBONI NELSON BOARD MEMBER 0.50 X 0 0 0 ERIC NORDQUIST BOARD MEMBER 0.50 X 0 0 0 FRANCIS ARCHAMBAULT BOARD MEMBER 1.50 X 0 0 0 GRACE FIGUEREDO BOARD MEMBER 2.00 X 0 0 0 GREGORY DAVIS ESQ SECRETARY 2.00 X X 0 0 0 JACQUELINE JOHN BOARD MEMBER 1.00 X 0 0 0 JANET LINK BOARD MEMBER 0.50 X 0 0 0 JAY SLOVES BOARD MEMBER 2.00 X 0 0 0 JOEL FREEDMAN BOARD MEMBER 2.00 X 0 0 0 JONATHAN GENGRAS BOARD MEMBER 0.50 X 0 0 0 JOSEPH SMITH BOARD MEMBER 0.50 X 0 0 0 KARLOS BOGHOSIAN DC BOARD MEMBER 1.00 X 0 0 0 KATHLEEN M BROMAGE CHAIR 3.00 X X 0 0 0 KEVIN HENRY BOARD MEMBER 1.00 X 0 0 0 LANDON CHASE OUTGOING BOARD MEMBER 1.00 X 0 0 0 LORI BUDNICK TREASURER 3.00 X X 0 0 0 MARJA M HURLEY BOARD MEMBER 1.00 X 0 0 0 MARY COURSEY BOARD MEMBER 1.50 X 0 0 0 MATTHEW CARBRAY BOARD MEMBER 1.00 X 0 0 0 MELLANY CASTRO BOARD MEMBER 0.50 X 0 0 0 MICHAEL CICCHETTI OUTGOING BOARD MEMBER 0.50 X 0 0 0 MICHAEL CROMPTON BOARD MEMBER 0.50 X 0 0 0 NICOLE STARKS BOARD MEMBER 1.00 X 0 0 0 PATRICK CURRY BOARD MEMBER 0.50 X 0 0 0 PATRICK PHALON BOARD MEMBER 1.50 X 0 0 0 RAY HERNANDEZ BOARD MEMBER 1.00 X 0 0 0 SCOTT ESPOSITO BOARD MEMBER 0.50 X 0 0 0 SHANNON LAPIERRE BOARD MEMBER 1.00 X 0 0 0 SHARA SLATTERY BOARD MEMBER 1.00 X 0 0 0 SONSERAE CICERO BOARD MEMBER 1.00 X 0 0 0 SYDNEY PARKMOND OUTGOING BOARD MEMBER 1.00 X 0 0 0 TAUHEEDAH JACKSON BOARD MEMBER 0.50 X 0 0 0 TIMOTHY HOLT BOARD MEMBER 0.50 X 0 0 0 WENDY SHERRY OUTGOING BOARD MEMBER 0.50 X 0 0 0 WILLIS H GEE JR BOARD MEMBER 1.00 X 0 0 0 SAMUEL GRAY JR PRESIDENT & CEO 50.00 X 217027 0 26231 VICTORIA COPES OUTGOING VP OF FINANCE 9/22 50.00 X 101352 0 13410 SUSAN COLBY VP OF FINANCE 50.00 X 60347 0 13332 CONOR BEVAN VP OF OPERATIONS 50.00 X 123351 0 27558 MATT BRODERICK OUTGOING VP OF DEVELOPMENT 50.00 X 122317 0 18315 624394 0 98846 4 0 1 0 BARTLETT BRAINARD & EACOTT 70 GRIFFIN ROAD SOUTH BLOOMFIELD CT 06002 GC & CONSTRUCTION SERVICES 113712 SMG CORPORATE SERVICES PO BOX 53 BRATTLEBORO VT 05302 JANITORIAL SERVICE 108149 2 50002 668845 2212939 3631215 115582 6563001 FEES 624100 201096 201096 201096 263097 263097 130234 0 130234 130234 130234 1376911 1220900 156011 156011 156011 54508 668845 116349 -61841 -61841 BAD DEBTS RECOVERY 624100 13896 13896 7787 7787 21683 7273281 222779 0 487501 421551 235129 186422 3540495 2685841 521241 333413 124100 83077 22928 18095 424350 296846 74623 52881 297846 204841 54109 38896 44928 44928 68331 68331 153524 107206 9876 36442 129594 92463 19587 17544 262029 262029 100113 40888 53248 5977 901321 769420 76942 54959 110996 94629 15433 934 DIRECT PROGRAM EXPENSE 638663 638019 644 REPAIR AND MAINTENANCE 424367 423824 543 DUES AND FEES 95812 49254 39219 7339 SPECIAL EVENT 61076 52939 0 8137 53889 7441 26187 20261 7852985 5808717 1262968 781300 2151024 1151219 3283961 7206900 5514050 2786510 0 65727 21286902 7814245 14094587 13472657 9040791 9744691 9573251 9787103 43657664 44214807 511052 531837 23270 118477 534322 650314 X 27578505 31709053 15544837 11855440 43123342 43564493 43657664 44214807 X -579704 778293 242562 X 0 1 X 1 1 1 X 7050934 10043857 11282060 9039786 6563001 43979638 7050934 10043857 11282060 9039786 6563001 43979638 870727 43108911 148540 153688 126958 458177 393331 1280694 2126 714 81 45109 21683 69713 45330045 2101404 0.95100 0.93800 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2018 AMOUNT: $ 2,126. 2019 AMOUNT: $ 714. 2020 AMOUNT: $ 81. 2021 AMOUNT: $ 45. 2022 AMOUNT: $ 7,787. BAD DEBTS RECOVERY - 2021 AMOUNT: $ 45,064. 2022 AMOUNT: $ 13,896. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8900801 0 922802 78912 9744691 8899527 2131455 -1567030 563151 8900801 6171615 1000000 2037584 309672 8899527 6357264 124072 309721 6171615 6339882 327114 309732 6357264 0.93623 0.04013 0.02364 0 0 169500 169500 20079149 7170551 12908598 604782 462059 142723 433471 181635 251836 13472657 ASSETS HELD IN TRUST 9779603 INKIND DONATED ASSET 7500 9787103 X 8219090 778293 68257 167590 1014140 7204950 68331 68331 7273281 7777939 68257 -13896 54361 7723578 68331 61076 129407 7852985 PART V, LINE 4: THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A REASONABLY PREDICTABLE STREAM OF FUNDING TO THE ORGANIZATION'S OPERATING BUDGET WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY AS WELL AS BOARD DESIGNATED FUNDS. ACCORDING TO THE INVESTMENT POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN ACCORDANCE WITH SOUND INVESTMENT PRACTICES THAT EMPHASIZE LONG-TERM INVESTMENT FUNDAMENTALS. IT IS RECOGNIZED THAT SHORT-TERM MARKET FLUCTUATIONS MAY CAUSE VARIATIONS IN ACCOUNT PERFORMANCE. TO SATISFY ITS LONG-TERM RATE OF RETURN OBJECTIVES, THE ORGANIZATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE ORGANIZATION TARGETS A DIVERSIFIED ASSET ALLOCATION IN ORDER TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ORGANIZATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR AN AMOUNT NOT TO EXCEED 5% OF THE FIVE YEAR (20 QUARTERS) MOVING AVERAGE OF THE ENDOWMENT'S FAIR VALUE. THESE AMOUNTS SHALL BE CALCULATED THROUGH THE CALENDAR YEAR-END PRECEEDING THE FISCAL YEAR FOR WHICH THE DISTRIBUTION IS PLANNED. OVER THE LONG-TERM, THE ORGANIZATION EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT A RATE THAT IS CONSISTENT WITH ITS OBJECTIVE OF MAINTAINING THE PURCHASING POWER OF THE ENDOWMENT ASSETS WHILE PROVIDING ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2020 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE ORGANIZATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE ASSETS HELD IN TRUST 242,562. BAD DEBTS RECOVERY -13,896. FUNDRAISING EXPENSES -61,076. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE -13,896. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 61,076. ANNUAL GALA 541815 524125 17690 17690 49438 DASHAWAY LUNCHEON 110468 98168 12300 1220 11080 7395 1 71070 46552 24518 10088 14430 5008 723353 668845 54508 11308 43200 61841 116349 -61841 X X X X 0 0 0 0 0 0 0 1 0 SAMUEL GRAY JR PRESIDENT & CEO 192876 0 20000 0 4151 0 12714 0 13517 0 243258 0 0 0 CONOR BEVAN VP OF OPERATIONS 123101 0 250 0 0 0 0 0 27558 0 150909 0 0 0 PART I, LINE 7 CEO RECEIVED A BOARD APPROVED $20,000 BONUS WHICH IS INCLUDED IN HIS 2022 W2. X 4747 FMV X 38033 FMV X GIFT CARDS 1 28710 X TICKETS 2 9407 X MISCELLANEOUS 1 1600 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S EXTERNAL AUDITORS AND A DRAFT IS REVIEWED BY THE DIRECTOR OF FINANCE AND MEMBERS OF THE ORGANIZATION'S BOARD OF FINANCE COMMITTEE. A DRAFT OF FORM 990 IS ALSO EMAILED IN PDF FORMAT TO THE BOARD. ONCE ALL OF THE CHANGES HAVE BEEN APPROVED A FINAL COPY OF THE FORM 990 IS POSTED TO THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS SIGNED CONFLICT OF INTEREST STATEMENTS. IF A CONFLICT IS ASCERTAINED, A "DISCLOSURE QUESTIONNAIRE" REPORT SHALL BE SUBMITTED TO THE BOARD CHAIRMAN AND TO THE PRESIDENT. TRUSTEES WITH A CONFLICT OF INTEREST REGARDING A PARTICULAR TRANSACTION MAY PARTICIPATE IN DELIBERATIONS BUT MAY NOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S COMPENSATION IS REVIEWED BY THE BOARD PERSONNEL COMMITTEE. SEVERAL FACTORS ARE CONSIDERED, INCLUDING BUT NOT LIMITED TO PERFORMANCE MEASURES AND COMPENSATION OF INDIVIDUALS IN OTHER ORGANIZATIONS IN SIMILAR CAPACITIES. THE FINANCE DIRECTOR'S COMPENSATION IS DETERMINED BY THE CEO, BASED UPON THE RESULTS OF ANNUAL EVALUATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON SUBMISSION AND RECEIPT OF A VALID BUSINESS REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ASSETS HELD IN TRUST 242,562. FORM 990, PART III, LINE 1: THE MISSION OF THE BOYS AND GIRLS CLUBS OF HARTFORD IS TO ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. THIS IS ACCOMPLISHED BY PROVIDING A SAFE ENVIRONMENT, UNDER THE DIRECTION OF CARING AND TRAINED ADULTS, WHERE PROGRAMS WILL DEVELOP THEIR LIFE-SKILLS, VALUES, CHARACTER AND LEADERSHIP, THEREBY HELPING THEM REALIZE THEIR INDIVIDUAL POTENTIAL.