2023-05-15T08:20:44-05:00 2022-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 990 2021-07-01 042103922 BOYS & GIRLS CLUBS OF BOSTON INC BOYS 6179944700 200 HIGH STREET 3RD FLR BOSTON MA 02110 DAVE LIBBY EVP & CFO 6179944700 2023-05-12 1 DAVE LIBBY 999009999 LYNNE JOHNSON P00757336 6179129000 2023-05-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ROBERT LEWIS JR 200 HIGH STREET 3RD FLR BOSTON MA 02110 52774411 0 X WWW.BGCB.ORG X 1893 MA TO HELP YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, BUILD STRONG CHARACTER AND REALIZE THEIR FULL POTENTIAL AS RESPONSIBLE CITIZENS AND LEADERS. WE DO THIS BY PROVIDING A SAFE HAVEN FILLED WITH HOPE AND OPPORTUNITY, ONGOING RELATIONSHIPS WITH CARING ADULTS, AND LIFE-ENHANCING PROGRAMS. OUR CORE VALUES STRONGLY SUPPORT OUR MISSION AND INCLUDE YOUTH FIRST, INTEGRITY, COMMUNITY, EQUITY, AND INNOVATION. 61 59 321 450 -70557 0 18619843 43042012 71816 276144 3953807 2278943 374406 -407331 23019872 45189768 181841 189033 0 0 15113444 15954294 0 0 3112420 7877644 9353589 23172929 25496916 -153057 19692852 130558609 138392612 3828788 1957818 126729821 136434794 X TO HELP YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, BUILD STRONG CHARACTER AND REALIZE THEIR FULL POTENTIAL AS RESPONSIBLE CITIZENS AND LEADERS. WE DO THIS BY PROVIDING A SAFE HAVEN FILLED WITH HOPE AND OPPORTUNITY, ONGOING RELATIONSHIPS WITH CARING ADULTS, AND LIFE-ENHANCING PROGRAMS. OUR CORE VALUES STRONGLY SUPPORT OUR MISSION AND INCLUDE YOUTH FIRST, INTEGRITY, COMMUNITY, EQUITY, AND INNOVATION. 0 0 16019975 189033 276144 FREESTANDING CLUBS -"THE CLUB IS A PLACE WHERE YOU MAKE A FAMILY OUTSIDE YOUR FAMILY. THE STAFF ARE VERY SUPPORTIVE OF THE MEMBERS AND EMBRACE ALL WITH OPEN ARMS. IT IS A PLACE THAT WILL HELP YOU FIND YOURSELF AND HONE IN ON SKILLS THAT YOU WILL NEED IN THE FUTURE." QUOTE FROM ALMUNI OF BERKSHIRE PARTNERS BLUE HILL CLUB.BGCB OFFERS ACCESSIBLE AND AFFORDABLE AFTER-SCHOOL TIME PROGRAMMING TO CHILDREN AND TEENS IN OUR FREESTANDING CLUBS LOCATED IN CHARLESTOWN, CHELSEA, DORCHESTER, ROXBURY, AND SOUTH BOSTON. OUR CLUB FACILITIES AND AGE-APPROPRIATE SETTINGS CREATE A SENSE OF PHYSICAL AND EMOTIONAL SAFETY FOR OUR MEMBERS AND OUR STAFF MAKE THE CLUB FEEL LIKE HOME - FOSTERING A FAMILY ATMOSPHERE. THE PROFESSIONAL STAFF, INCLUDING LICENSED SOCIAL WORKERS, ACTIVELY CULTIVATE RELATIONSHIPS WITH MEMBERS TO ENSURE THEY FEEL CONNECTED AND HAVE A STRONG SENSE OF STABILITY AND BELONGING AS WELL AS HAVE FUN! MEMBERS DEVELOP CRITICAL THINKING, PHYSICAL, SOCIAL, TECHNOLOGICAL, ARTISTIC AND LIFE SKILLS BY PARTICIPATING IN INTERACTIVE ACTIVITIES INTENTIONALLY DESIGNED TO SUPPORT THEIR DEVELOPMENT AND OVERALL WELL-BEING IN THE FOLLOWING AREAS: EDUCATION, MUSIC & ARTS, SPORTS, FITNESS, AND RECREATION, TECHNOLOGY, LEADERSHIP, LIFE SKILLS, AND THE READY TO WORK PROGRAM. SUMMER CAMPS - OUR FULL-DAY FUN-FILLED CAMPS FOR CHILDREN AGES 6-12 ARE DESIGNED TO KEEP YOUNG PEOPLE OFF THE STREETS, EDUCATE THEM DURING THE NON-SCHOOL MONTHS TO HELP PREVENT SUMMER LEARNING LOSS, AND PROVIDE RECREATIONAL EXPERIENCES TO WHICH THEY MIGHT NOT OTHERWISE HAVE ACCESS. CAMPERS PARTICIPATE IN A DIVERSE ROSTER OF ACTIVITIES, INCLUDING ARTS AND CRAFTS, SCIENCE AND TECHNOLOGY PROJECTS, SPORTS, FIELD TRIPS, AND, LOTS OF SWIMMING! MANY OF OUR TEEN MEMBERS WORK AT OUR CLUBS, ASSISTING WITH CAMP ACTIVITIES, OR AS LIFEGUARDS AT THE POOL, WHILE OTHER TEENS ARE GIVEN THE OPPORTUNITY TO WORK IN CORPORATE OFFICES OR PARTNERSHIP PROGRAMS IN BOSTON. WHATEVER THEIR SUMMER EMPLOYMENT, CLUB MEMBERS GAIN VALUABLE EXPERIENCE AND EARN MONEY WHILE KEEPING THEM OFF THE STREETS AND OUT OF TROUBLE WHEN THE SCHOOL YEAR ENDS. 2101776 SHARED SPACE AND DEDICATED SITE CLUBS - THE BOYS & GIRLS CLUBS OF BOSTON OPERATE SHARED SPACE CLUBS LOCATED IN THE COMMUNITIES OF DORCHESTER AND SOUTH BOSTON. IN ADDITION TO THE SHARED SPACE CLUBS, BOYS & GIRLS CLUBS OF BOSTON OPERATES TWO DEDICATED SITE CLUBS LOCATED IN MATTAPAN AND ROXBURY, THE JOSH KRAFT MATTAPAN TEEN CENTER AND THE ORCHARD GARDENS CLUB.ONE OF THE EXCITING PROJECTS WORKED ON BY MEMBERS OF THE JOSH KRAFT MATTAPAN TEEN CENTER WAS A FILM ENTITLED MATTAPAN, THE DOCUMENTARY, (WHICH CAN BE FOUND ON YOUTUBE). A MEMBER SAID THIS ABOUT THAT EXPERIENCE "MATTAPAN, THE DOCUMENTARY WAS RECENTLY ENTERED INTO AN INTERNATIONAL FILM FESTIVAL THAT WON "BEST UNDER 18 DOCUMENTARY OF THE YEAR." WITH THAT, IT SHOWS THE WORLD IS FILLED WITH ENDLESS OPPORTUNITY. AND WITH THE HELP OF OTHERS, IT'S IMPOSSIBLE FOR YOU TO LOSE. THAT'S WHAT IT MEANS TO BE AT THE CLUB."THE SHARED SPACE AND DEDICATED SITE CLUBS PROVIDE THE OPPORTUNITY TO SERVE MORE YOUTH WHERE THEY LIVE OR GO TO SCHOOL VIA QUALITY AFTERSCHOOL PROGRAMS THAT ARE BASED ON SIX CORE PROGRAM ELEMENTS THAT INCLUDE ARTS, EDUCATION, LEADERSHIP, LIFE SKILLS, SPORTS, FITNESS, RECREATION AND TECHNOLOGY. AT THE ORCHARD GARDENS CLUB AND THE JOSH KRAFT MATTAPAN TEEN CENTER PROGRAMMING ALSO FOCUSES ON THE READY TO WORK PROGRAM, WHICH IS OFFERED AT OUR FREESTANDING CLUBS AS WELL. READY TO WORK TAKES A BROAD AND COMPREHENSIVE APPROACH TO PREPARING TEENS FOR THEIR ENTRANCE INTO THE WORKFORCE, OFFERING WORKFORCE ORIENTATIONS AND PROGRAMS CATERING TO MEMBERS' INTERESTS. SUMMER CAMPS ARE ALSO AN IMPORTANT PART OF THE SHARED SPACE AND DEDICATED SITE CLUB'S YEAR-ROUND PROGRAMMING. THE FULL-DAY CAMPS FOR CHILDREN AGES 6-12 ARE DESIGNED TO KEEP YOUNG PEOPLE OFF THE STREETS, AND PROVIDE RECREATIONAL EXPERIENCES TO WHICH THEY MIGHT NOT OTHERWISE HAVE ACCESS. 1199154 YOUTHCONNECT - IN PARTNERSHIP WITH THE BOSTON POLICE DEPARTMENT, YOUTHCONNECT IS AN ADVOCACY AND INTERVENTION PROGRAM OF BOYS & GIRLS CLUBS OF BOSTON THAT HELPS THE MOST AT-RISK YOUNG PEOPLE MAKE POSITIVE LIFE CHOICES THROUGH TRUSTING RELATIONSHIPS WITH SKILLED AND COMPASSIONATE SOCIAL WORKERS. OUR DIRECT PARTNERSHIP WITH LAW ENFORCEMENT ALLOWS US TO IMMEDIATELY INTERVENE WITH THE CHILD AT THE CRITICAL MOMENT WHEN THEY ARE ENGAGING IN-OR AT RISK OF - ENGAGING IN DELINQUENT ACTIVITY. OUR RELATIONSHIPS WITH BOTH GOVERNMENT AGENCIES AND COMMUNITY BASED PROVIDERS, ALLOW OUR STAFF TO THEN HELP SECURE THE MOST APPROPRIATE LEVEL OF CARE AND SERVICES NEEDED TO HELP THE YOUNG PERSON GET BACK ON TRACK FOR A MORE HOPEFUL FUTURE. YOUTHCONNECT'S INNOVATIVE CLINICAL MODEL ENABLES SOCIAL WORKERS TO NOT ONLY ASSIST A WIDE-RANGE OF YOUTH, BUT ALSO HELP THEIR FAMILIES. SERVICES ARE OFTEN PUT IN PLACE FOR THE YOUNGER CHILDREN IN THE FAMILY TO HELP ENSURE THEIR ACADEMIC AND OUT-OF-SCHOOL TIME NEEDS ARE MET, AND YOUTHCONNECT ALSO WORKS WITH THE TEEN'S PARENT/GUARDIAN TO ADDRESS THEIR CONCERNS AND NEEDS. IN ADDITION, OUR STAFF PROVIDE COMMUNITY-BASED COUNSELING TO ADDRESS ISSUES RELATED TO TRUANCY, DELINQUENCY, SAFETY, SUBSTANCE ABUSE, VICTIMIZATION, SCHOOL PERFORMANCE AND FAMILY FUNCTIONING. 19320905 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 219 0 1 321 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 61 59 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY X DAVID LIBBY 6179944700 200 HIGH STREET 3RD FLR BOSTON MA 02110 MAUREEN ALPHONSE-CHARLES DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN APPE DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 ANDREW ARNOTT DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL BRONNER DIRECTOR 1.00 0.00 X 0 0 0 EMILY BROWN DIRECTOR 1.00 0.00 X 0 0 0 JAMES CANFIELD DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL CARSON DIRECTOR 1.00 0.00 X 0 0 0 MICEAL CHAMBERLAIN DIRECTOR 1.00 0.00 X 0 0 0 LAURENCE CHUD DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 KEVIN CHURCHWELL DIRECTOR 1.00 0.00 X 0 0 0 ROBERTY CLEARY JR DIRECTOR 1.00 0.00 X 0 0 0 STEPHANIE CONNAUGHTON DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 MICHELE COURTON BROWN DIRECTOR 1.00 0.00 X 0 0 0 STACY COWAN DIRECTOR 1.00 0.00 X 0 0 0 JONATHAN DAVIS DIRECTOR 1.00 0.00 X 0 0 0 ANDREW DREYFUS DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 SANDRA EDGERLY DIRECTOR 1.00 0.00 X 0 0 0 MARK EPKER DIRECTOR (FROM 10/7/2021) 1.00 0.00 X 0 0 0 CORRINE FERGUSON DIRECTOR 1.00 0.00 X 0 0 0 KAREN FIRESTONE DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM GELNAW DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL GORDON DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 VICARY GRAHAM DIRECTOR 1.00 0.00 X 0 0 0 DONNA HAZARD DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH HOOLEY DIRECTOR 1.00 0.00 X 0 0 0 DURANT HUNTER DIRECTOR 1.00 0.00 X 0 0 0 PARTICIA JACOBS DIRECTOR (FROM 10/7/2021) 1.00 0.00 X 0 0 0 BRUCE JACOBS DIRECTOR 1.00 0.00 X 0 0 0 SARAH KIM DIRECTOR (FROM 10/7/2021) 1.00 0.00 X 0 0 0 JOSH KLEVENS DIRECTOR 1.00 0.00 X 0 0 0 BRIAN KNEZ DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL KRUPKA DIRECTOR 1.00 0.00 X 0 0 0 RICHARD LASSEN DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL MAHONEY DIRECTOR 1.00 0.00 X 0 0 0 SHELAGH MAHONEY-MCNAMEE DIRECTOR 1.00 0.00 X 0 0 0 ELENA MATLACK DIRECTOR 1.00 0.00 X 0 0 0 ONNIE MAYSHAK DIRECTOR (FROM 10/7/2021) 1.00 0.00 X 0 0 0 JOHN MCEVOY DIRECTOR 1.00 0.00 X 0 0 0 DAVID MCGRATH DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER MCKOWN DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 QUINCY MILLER DIRECTOR 1.00 0.00 X 0 0 0 EDVALDO MORATA DIRECTOR 1.00 0.00 X 0 0 0 JANICE MORRIS DIRECTOR 1.00 0.00 X 0 0 0 BRIAN MOYNIHAN DIRECTOR 1.00 0.00 X 0 0 0 ELIZABETH NABEL DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 JOHN NADAS DIRECTOR 1.00 0.00 X 0 0 0 FARHAD NANJI DIRECTOR 1.00 0.00 X 0 0 0 THOMAS NIEDERMEYER DIRECTOR 1.00 0.00 X 0 0 0 FEMI OBI DIRECTOR (FROM 10/7/2021) 1.00 0.00 X 0 0 0 SAUL PANNELL DIRECTOR 1.00 0.00 X 0 0 0 DAVID PEELER DIRECTOR 1.00 0.00 X 0 0 0 BRYAN RAFANELLI DIRECTOR 1.00 0.00 X 0 0 0 BERNADETTE REHNERT DIRECTOR 1.00 0.00 X 0 0 0 LAURA REYNOLDS DIRECTOR 1.00 0.00 X 0 0 0 PAUL ROONEY DIRECTOR 1.00 0.00 X 0 0 0 JOHN RYAN DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 THOMAS SEEMAN DIRECTOR 1.00 0.00 X 0 0 0 GREG SHELL DIRECTOR 1.00 0.00 X 0 0 0 ROBERT SMALL DIRECTOR 1.00 0.00 X 0 0 0 DANA SMITH DIRECTOR 1.00 0.00 X 0 0 0 JANE STEINMETZ DIRECOTR 1.00 0.00 X 0 0 0 RICHARD VOKE DIRECTOR 1.00 0.00 X 0 0 0 HERBERT WAGNER DIRECTOR 1.00 0.00 X 0 0 0 MELISSA WEINER JANFAZA DIRECTOR 1.00 0.00 X 0 0 0 DAMIAN WILMOT DIRECTOR (UNTIL 10/7/21) 1.00 0.00 X 0 0 0 FRANK WISNESKI DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN WOODSUM DIRECTOR 1.00 0.00 X 0 0 0 DAVID JOHNSON DIR./CHAIR OF THE BOARD 1.00 0.00 X X 0 0 0 JOSEPH CAMPANELLI DIRECTOR, TREASURER 1.00 0.00 X X 0 0 0 R GREGG STONE III DIRECTOR, CLERK 1.00 0.00 X X 0 0 0 DAVID AMBROZ CEO & NICHOLAS PRES. (UNTIL 10/1/21) 35.00 0.00 X 334779 0 13639 DAVID LIBBY EVP & CFO 35.00 0.00 X 200885 0 51813 PETER NASH EVP & COO 35.00 0.00 X 161381 0 46617 REBECCA CRAWFORD EVP DEVELOPMENT (UNTIL 9/11/2021) 35.00 0.00 X 167886 0 39894 ANGELA BRAMAN INTERIM CHIEF DEVELOPMENT OFFICER 35.00 0.00 X 128420 0 40062 MICHELE PEREZ VICHOT EVP OPS. (UNTIL 6/8/2021) 35.00 0.00 X 77631 0 27464 ROBERT LEWIS JR CEO & NICHOLAS PRES. (FROM 3/1/22) 35.00 0.00 X 0 0 0 KELLI FOLGER VP HUMAN RESOURCES 35.00 0.00 X 156735 0 56011 LAUREN SIMONE SR DIR CORP & FND 35.00 0.00 X 128991 0 34115 HAROLD DUVALL EXECUTIVE DIRECTOR 35.00 0.00 X 128687 0 26430 BAILEY SNYDER AVP, MKTNG & COMMUNICATION 35.00 0.00 X 136751 0 9079 EMILY SMALDON SR DIRECTOR ANNUAL GIVING 35.00 0.00 X 128926 0 12245 1751072 0 357369 20 0 1 0 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 AUDIT, TAX, IT 244160 SHERATON CLEANING 245 N BEACON STREET 2 BRIGHTON MA 02135 CLEANING SERVICES 221130 RAFANELLI EVENTS 867 BOYLSTON ST 4TH FL BOSTON MA 02116 EVENT PLANNING 143615 E PUOPOLO & SON INC 24 BECK ROAD ARLINGTON MA 02476 PLUMBING SERVICES 103823 USHERWOOD OFFICE TECHNOLOGY 1005 WEST FAYETTE ST SYRACUSE NY 13204 TECHNOLOGY SERVICES 100250 6 382573 7100378 5806603 29752458 246522 43042012 SUMMER PROGRAMS 900099 223904 223904 MEMBERSHIP DUES & ASSESSMENTS 900099 48359 48359 AFTER/PRE SCHOOL FEES 900099 3881 3881 276144 803305 -70557 873862 45524 0 45524 45524 45524 6842201 5366563 1475638 1475638 1475638 1690225 7100378 2218080 -527855 -527855 MISCELLANEOUS 900099 75000 75000 75000 45189768 276144 -70557 1942169 189033 189033 1117212 206254 457581 453377 11896511 9226025 739626 1930860 1990863 1485368 175417 330078 949708 738420 59827 151461 4772 2413 2359 129434 129434 89363 89363 1055469 597161 257601 200707 21501 21501 578078 451981 126097 213065 175746 37319 947061 893771 53290 326268 290279 19891 16098 867300 716161 138208 12931 123987 123987 2194173 2090020 104153 441524 410271 31253 MAINTENANCE OF FACILITI 907020 886381 20639 SUPPLIES 532832 506154 9770 16908 RENT EXPENSE 499776 12000 487776 MEALS & SNACKS 421966 421966 25496916 19320905 3063591 3112420 252643 252767 7272764 22074459 3756930 6177627 1296218 618135 678337 505016 65168735 39419666 26840218 25749069 38038667 33250777 52422832 49764762 130558609 138392612 1177682 1587819 2651106 369999 3828788 1957818 X 36656587 55001824 90073234 81432970 126729821 136434794 130558609 138392612 X 19692852 -9971266 252524 -269137 X 0 1 X 1 1 1 X 22566087 28684708 17031093 18619843 43042012 129943743 22566087 28684708 17031093 18619843 43042012 129943743 5062124 124881619 1479292 1079461 972244 532156 919386 4982539 7993 7993 329124 1034240 2949772 471001 7175378 11959515 146893790 2506188 0.85010 0.86580 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS - 2017 AMOUNT: $ 254,125. 2018 AMOUNT: $ 959,240. 2019 AMOUNT: $ 2,874,772. 2020 AMOUNT: $ 396,001. 2021 AMOUNT: $ 7,100,378. MISCELLANEOUS - 2017 AMOUNT: $ 74,999. 2018 AMOUNT: $ 75,000. 2019 AMOUNT: $ 75,000. 2020 AMOUNT: $ 75,000. 2021 AMOUNT: $ 75,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88007169 819155 -7803106 3140000 77883218 65777317 3722384 21426468 2919000 88007169 67003864 3294824 -1760371 2761000 65777317 66273425 1244062 1961377 2475000 67003864 58782334 4615410 5083681 2208000 66273425 0.07000 0.83000 0.10000 0 0 480275 480275 60096745 35706391 24390354 4531742 3713275 818467 59973 59973 25749069 DOMESTIC EQUITY 11968880 F ALTERNATIVE INVESTMENTS 36321329 F EMERGING MARKETS EQUITY 1474553 F 49764762 X 37330606 -9971266 252524 -358500 -10077242 47407848 -2218080 -2218080 45189768 27625633 2218080 2218080 25407553 89363 89363 25496916 PART V, LINE 4: THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS. PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A PUBLIC CHARITY UNDER INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(VI), AND HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. THE ORGANIZATION FOLLOWS FASB ASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, THE ORGANIZATION IS ONLY SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE FILING DATE. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENT -269,137. INVESTMENTS EXPENSES NETTED WITH INVESTMENT RETURN ON AUDITED FS -89,363. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE REPORTED ON FORM 990, PART VIII, LINE 8B -2,218,080. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE REPORTED ON FORM 990, PART VIII, LINE 8B 2,218,080. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, INVESTMENT 1223580 0 0 0 0 0 0 1223580 0 1223580 1 0 1 1 1 0 PART III ACCOUNTING METHOD: HOUSE PARTY 5351861 4051861 1300000 513165 183366 142000 783202 ANNUAL DINNER 2674322 2322322 352000 43603 174412 80605 19 764420 726195 38225 3195 106926 187606 8790603 7100378 1690225 559963 464704 142000 1051413 2218080 -527855 1 SCHOLARSHIPS 117 189033 FMV SCHOLARSHIPS ARE CREDITED TO STUDENTS ACCOUNT PART I, LINE 2: HIGH SCHOOL AND COLLEGE SCHOLARSHIPS ARE GRANTED TO MEMBERS THROUGH AN APPLICATION PROCESS IN WHICH THE ORGANIZATION DETERMINES THE QUALIFICATIONS OF THE INDIVIDUAL APPLICANTS. IN ADDITION, THE ORGANIZATION PROVIDES SCHOLARSHIPS FOR MEMBERS TO ATTEND SPORT CAMPS DURING THE YEAR. X X X X 1 0 0 0 0 0 0 1 0 DAVID AMBROZ CEO & NICHOLAS PRES. (UNTIL 10/1/21) 179589 0 91250 0 63940 0 0 0 13639 0 348418 0 0 0 DAVID LIBBY EVP & CFO 173190 0 27037 0 658 0 15826 0 35987 0 252698 0 0 0 KELLI FOLGER VP HUMAN RESOURCES 140956 0 15372 0 407 0 13432 0 42579 0 212746 0 0 0 PETER NASH EVP & COO 143316 0 17680 0 385 0 13045 0 33572 0 207998 0 0 0 REBECCA CRAWFORD EVP DEVELOPMENT (UNTIL 9/11/2021) 136484 0 29906 0 1496 0 14006 0 25888 0 207780 0 0 0 ANGELA BRAMAN INTERIM CHIEF DEVELOPMENT OFFICER 121416 0 5955 0 1049 0 10375 0 29687 0 168482 0 0 0 LAUREN SIMONE SR DIR CORP & FND 122322 0 6437 0 232 0 6484 0 27631 0 163106 0 0 0 HAROLD DUVALL EXECUTIVE DIRECTOR 119042 0 8574 0 1071 0 14236 0 12194 0 155117 0 0 0 PART I, LINE 4A DAVID AMBROZ RECEIVED A SEVERANCE PAYMENT OF $119,622 IN FISCAL YEAR 2022. $63,750 OF THE SEVERANCE PAYMENT IS REPORTED IN PART II, COLUMN B(III). PART I, LINE 7 BONUSES ARE BASED ON PERFORMANCE. ALL BONUSES ARE REVIEWED BY THE MANAGERS WHO ARE GIVING THEM AND THEN REVIEWED BY HUMAN RESOURCES BEFORE BEING GIVEN. IN THE CASE OF THE CEO AND EVP'S, THE BONUS IS REVIEWED BY THE COMPENSATION COMMITTEE. DAVIS COMPANIES ENTITY OWNED MORE THAN 35% BY JONATHAN DAVIS, DIRECTOR 487775 LEASE OF OFFICE SPACE PAID TO DAVIS COMPANIES 0 RAFANELLI EVENTS ENTITY OWNED MORE THAN 35% BY BRYAN RAFANELLI, DIRECTOR 143615 EVENT PLANNING AND MANAGEMENT FOR HOUSE PARTY. 0 X 185 FMV X 65 FMV X 14 189641 FMV X 3 1400 FMV X 3 340 FMV X GIFT CARDS AND TICKETS 542 38010 FMV X TRAVEL & EXPERIENCES 20 12870 FMV X EQUIPMENT, ELECTRONICS, FURNITURE 19 4011 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS BASED ON THE NUMBER OF DONORS. THE NUMBER OF CONTRIBUTIONS FOR SECURITIES IS BASED ON THE NUMBER OF GIFTS RECEIVED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S DIRECTORS HAVE AND MAY EXERCISE THE POWERS AND DUTIES OF MEMBERS AS DESCRIBED IN THE BY-LAWS AND ARTICLES OF ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S DIRECTORS HAVE AND MAY EXERCISE THE POWERS AND DUTIES OF MEMBERS AS DESCRIBED IN THE BY-LAWS AND ARTICLES OF ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS ANNUALLY APPROVES NEW MEMBERS OF THE BOARD OF DIRECTORS, THE BOARD OF TRUSTEES AND THE OFFICERS THAT ARE RECOMMENDED BY THE GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED ANNUALLY BY MANAGEMENT AND THE OUTSIDE ACCOUNTANTS AND A DRAFT IS REVIEWED WITH THE AUDIT COMMITTEE. THE AUDIT COMMITTEE HAS THE AUTHORITY TO APPROVE THE FINAL FORM 990 FOR FILING WITH THE IRS. A COPY OF THE FINAL FORM 990 IS PROVIDED TO EACH VOTING MEMBER OF THE BOARD FOR REVIEW, EITHER ELECTRONICALLY OR IN PAPER FORM, PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND ADMINISTRATION OFFICIAL OF BGCB FILES AN ANNUAL DISCLOSURE STATEMENT LISTING ALL THOSE RELATIONSHIPS HE OR SHE, OR A RELATED PARTY, MAINTAINS WITH ANY PERSON OR ORGANIZATION THAT DOES BUSINESS WITH BGCB AND WHICH CONSTITUTE, OR WHICH OTHERWISE COULD BE CONSTRUED AS, MATERIAL AFFILIATIONS POTENTIALLY AFFECTING HIS OR HER INDEPENDENT, UNBIASED JUDGMENT IN LIGHT OF HIS OR HER DECISION-MAKING AUTHORITY OR RESPONSIBILITY, AND LISTING ANY CONFIDENTIAL INFORMATION FROM WHICH HE OR SHE, OR ANY RELATED PARTY TO WHOM HE OR SHE WOULD DISCLOSE IT, RECEIVES OR WOULD ANTICIPATE RECEIVING ANY SUBSTANTIAL FINANCIAL OR OTHER BENEFIT. ALL DISCLOSURE STATEMENTS SHOULD BE COMPLETED, SIGNED AND PRESENTED TO THE PRESIDENT'S OFFICE NO LATER THAN OCTOBER 1ST OF EACH YEAR. ALL DIRECTORS AND ADMINISTRATION OFFICIALS DISCLOSE TO THE PRESIDENT'S OFFICE (1) AS THEY ARISE, ALL MATERIAL AFFILIATIONS ARISING AFTER THE FILING OF THEIR MOST RECENT DISCLOSURE STATEMENT AND ANY CONFIDENTIAL INFORMATION FROM WHICH THEY HAVE RECEIVED OR ANTICIPATE RECEIVING ANY SUBSTANTIAL FINANCIAL OR OTHER BENEFIT, AND (2) UPON REQUEST, ALL AMOUNTS KNOWN BY THEM TO HAVE BEEN PAID TO PERSONS OR ORGANIZATIONS WITH WHOM THEY HAVE MATERIAL AFFILIATIONS. AFFILIATIONS BETWEEN DIRECTORS AND ADMINISTRATION OFFICIALS RESPONSIBLE FOR BGCB'S INVESTMENTS OR DEPOSITS AND THE COMPANIES IN WHICH SUCH INVESTMENTS OR DEPOSITS ARE MADE NEED NOT BE DISCLOSED WHEN THE INVESTMENT IS MADE BY AN INVESTMENT MANAGER OR ADVISOR, OR WHEN THE DEPOSIT IS MADE BY AN OFFICER OR EMPLOYEE WITH A PREAUTHORIZED DEPOSITORY, BUT SUCH AFFILIATIONS SHALL BE DISCLOSED (AND THE POLICY ON NON-PARTICIPATION SHALL APPLY) IN CONNECTION WITH ANY INVESTMENT OR DEPOSIT IN A PARTICULAR COMPANY DIRECTLY TO BE MADE OR AUTHORIZED BY SUCH DIRECTOR OR ADMINISTRATION OFFICIAL OR BY A COMMITTEE ON WHICH HE OR SHE SERVES. THE PRESIDENT MAINTAINS A RECORD OF ALL MATERIAL AFFILIATIONS, BENEFITS FROM CONFIDENTIAL INFORMATION AND PAYMENTS TO AFFILIATED PERSONS OR ORGANIZATIONS DISCLOSED PURSUANT TO THIS POLICY, RECOMMENDS TO THE CHAIRMAN OF THE BOARD ANY SUCH AFFILIATIONS, BENEFITS OR PAYMENTS WHICH SHOULD BE BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE, AND DETERMINES THE EXTENT TO WHICH THE PERSONS OR ORGANIZATIONS WITH WHICH ANY SUCH AFFILIATIONS EXIST SHOULD BE MADE KNOWN TO THOSE DEALING WITH SUCH PERSONS OR ORGANIZATIONS ON BGCB'S BEHALF. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, CHAIRED BY THE CHAIR OF THE BOARD, ANNUALLY REVIEWS BENCHMARK DATA TO ESTABLISH THE COMPENSATION FOR THE PRESIDENT AND CEO AND EACH EVP. THE DATA IS DEVELOPED FROM SOURCES SUCH AS FORM 990'S OF BOSTON AREA NONPROFITS, GUIDESTAR, COMPARABLE BOYS AND GIRLS CLUBS, INDEPENDENT CONSULTANTS AND OTHER SURVEYS AS AVAILABLE. DATA FROM PRIOR YEARS MAY BE ADJUSTED TO CURRENT YEAR MARKET AMOUNTS IN ORDER TO SET THE NEW SALARY. IN ADDITION, THE COMPENSATION COMMITTEE REVIEWS THE CEO'S ANNUAL SELF-EVALUATION AND PERFORMANCE ACHIEVEMENTS IN ORDER TO APPROVE A PERFORMANCE BONUS. THE EXECUTIVE COMMITTEE APPROVES THE BONUS, BASED ON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. COMPENSATION FOR EVP-LEVEL EMPLOYEES IS ALSO ESTABLISHED THROUGH THE ANNUAL PERFORMANCE APPRAISAL PROCESS CONDUCTED BY THE CEO. THE CEO MAY REVIEW PERFORMANCE AND COMPENSATION FOR EACH EVP WITH THE APPROPRIATE BOARD COMMITTEE CHAIR BASED ON THE EVP'S AREA OF RESPONSIBILITY. THE SALARIES AND BONUSES ARE PRESENTED TO THE COMPENSATION COMMITTEE FOR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE ORGANIZATION'S FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS -269,137.