2025-05-08T11:34:52-05:00 2024-06-30 333709623 COHNREZNICK ADVISORY LLC 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2023-07-01 066026005 THE BOYS AND GIRLS CLUBS OF HARTFORD BOYS 8609297690 170 SIGOURNEY STREET HARTFORD CT 06105 BRUCE W JEFFERY CHIEF EXECUTIVE OFFICER 8609297690 2025-04-24 1 1 LAURA KIELCZEWSKI P00740769 9592007000 2025-04-23 2023 2025-03-06 01:10:19Z BRUCE W JEFFERY 170 SIGOURNEY STREET HARTFORD CT 06105 13314914 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. 42 42 208 42 0 0 6563001 7878182 201096 391295 419108 846714 90076 56735 7273281 9172926 0 0 0 0 4808342 4898892 0 0 812872 3044643 2929237 7852985 7828129 -579704 1344797 44214807 48520413 650314 2286198 43564493 46234215 X PLEASE REFER TO SCHEDULE O FOR FULL DESCRIPTION. 0 0 842457 36414 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. 2246550 368191 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. 2527369 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. 5616376 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 46 0 1 208 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 42 42 0 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CT X X ANNE JOHANNES 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 VICE CHAIR 3.00 X 0 0 0 AN-PING HSIEH CHAIR 1.50 X X 0 0 0 BIMAL PATEL BOARD MEMBER 0.50 X 0 0 0 BRIAN RUNKLE OUTGOING 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 OUTGOING BOARD MEMBER 2.00 X 0 0 0 EBONI NELSON OUTGOING 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 GINA LUARI BOARD MEMBER 0.50 X 0 0 0 GRACE FIGUEREDO BOARD MEMBER 2.00 X 0 0 0 GREGORY DAVIS ESQ OUTGOING 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 SECRETARY 3.00 X 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 BOARD MEMBER 3.00 X X 0 0 0 KEVIN HENRY 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 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 OUTGOING 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 TANYA BOVEE BOARD MEMBER 0.50 X 0 0 0 TAUHEEDAH JACKSON BOARD MEMBER 0.50 X 0 0 0 TIMOTHY HOLT BOARD MEMBER 0.50 X 0 0 0 WILLIS H GEE JR OUTGOING BOARD MEMBER 1.00 X 0 0 0 ZACHARY HOFFMAN BOARD MEMBER 0.50 X 0 0 0 ANNE JOHANNES VP OF FINANCE(AS OF 03/18/2024) 50.00 X 0 0 0 SAMUEL GRAY JR PRESIDENT & CEO 50.00 X 231792 0 23855 SUSAN COLBY OUTGOING VP OF FINANCE 50.00 X 143460 0 22580 BRENDA MARSIAN VP OF DEVELOPMENT 50.00 X 139290 0 15045 CONOR BEVAN OUTGOING VP OF OPERATIONS 50.00 X 118916 0 36368 VERONICA COLLINS VP OF HR 50.00 X 120337 0 10411 753795 0 108259 5 0 1 0 SMG CORPORATE SERVICES PO BOX 53 BRATTLEBORO VT 05302 JANITORIAL SERVICE 176379 JCJ ARCHITECTURE 120 HUYSHOPE AVE STE 400 HARTFORD CT 06106 CONSTRUCTION DESIGN SERVICES 174979 2 36500 567188 4353481 2921013 252329 7878182 FEES 624100 391295 391295 391295 639169 639169 76400 0 76400 76400 76400 4200267 3992722 207545 207545 207545 116291 567188 149266 -32975 -32975 13310 13310 13310 9172926 404605 0 890139 394294 220617 173677 3636530 2642719 634873 358938 151992 98123 31178 22691 425613 284293 81434 59886 290463 184760 64888 40815 38368 9360 29008 65641 65641 144813 95683 49130 167445 26144 122627 18674 231038 214329 11010 5699 112728 55681 51642 5405 857910 795854 40894 21162 109215 101315 5206 2694 DIRECT PROGRAM EXPENSE 637011 637011 REPAIR AND MAINTENANCE 361861 335686 17249 8926 SPECIAL EVENT 81842 74880 6962 DUES AND FEES 66996 47812 13828 5356 54369 12726 8786 32857 7828129 5616376 1398881 812872 1151219 1898529 7206900 6814947 2786510 2794440 65727 34434 23872958 8137605 13472657 15735353 9744691 10862534 9787103 10380176 44214807 48520413 531837 2118566 118477 167632 650314 2286198 X 31709053 34202866 11855440 12031349 43564493 46234215 44214807 48520413 X 1344797 724352 600573 X 0 1 X 1 1 1 X 10043857 11282060 9039786 6563001 7878182 44806886 10043857 11282060 9039786 6563001 7878182 44806886 375580 44431306 153688 126958 458177 393331 715569 1847723 714 81 45109 21683 13310 80897 46735506 1421830 0.95070 0.95100 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 714. 2020 AMOUNT: $ 81. 2021 AMOUNT: $ 45. 2022 AMOUNT: $ 7,787. 2023 AMOUNT: $ 13,310. BAD DEBTS RECOVERY - 2021 AMOUNT: $ 45,064. 2022 AMOUNT: $ 13,896. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9744691 1119108 1268 10862531 8900801 922802 78912 9744691 8899527 2131455 -1567030 563151 8900801 6171615 1000000 2037584 309672 8899527 6357264 124072 309721 6171615 0.93622 0.03600 0.02778 0 0 169500 169500 19865151 7438378 12426773 611428 510268 101160 3226879 188959 3037920 15735353 ASSETS HELD IN TRUST 10380176 10380176 X 10354204 724352 3836 518731 1246919 9107285 65641 65641 9172926 7684482 3836 3836 7680646 65641 81842 147483 7828129 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, 2024 AND 2023, 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 2021 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 600,573. FUNDRAISING EXPENSES -81,842. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 81,842. ANNUAL GALA 463234 419571 43663 21423 22240 16323 DASHAWAY LUNCHEON 85110 52701 32409 21794 10615 11581 2 135135 94916 40219 40219 5071 683479 567188 116291 62013 21423 32855 32975 149266 -32975 X X X X 0 0 0 0 0 0 0 1 0 SAMUEL GRAY JR PRESIDENT & CEO 207052 0 20000 0 4740 0 11745 0 12110 0 255647 0 0 0 SUSAN COLBY OUTGOING VP OF FINANCE 138210 0 5250 0 0 0 4790 0 17790 0 166040 0 0 0 CONOR BEVAN OUTGOING VP OF OPERATIONS 111416 0 7500 0 0 0 8426 0 27942 0 155284 0 0 0 BRENDA MARSIAN VP OF DEVELOPMENT 137790 0 1500 0 0 0 0 0 15045 0 154335 0 0 0 PART I, LINE 7 THE EXECUTIVE TEAM RECEIVED A BOARD APPROVED BONUS WAS INCLUDED IN THEIR 2023 W2S. X 23377 FMV X 5 184949 FMV X 2 2993 X MISCELLANEOUS 7 41010 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 4 ORGANIZATION AMENDED ITS BYLAWS DURING THE FISCAL YEAR TO UPDATE TERM LIMITS, EXPECTATIONS AND CONFLICT OF INTEREST STATEMENT REQUIREMENTS. 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 600,573. 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.