2021-05-10T07:20:07-05:00 2020-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2019-07-01 066026005 THE BOYS AND GIRLS CLUBS OF HARTFORD BOYS 8607240700 170 SIGOURNEY STREET HARTFORD CT 06105 SAMUEL GRAY JR CHIEF EXECUTIVE OFFICER 8607240700 2021-05-06 1 LORI ROTHE YOKOBOSKY CPA P01273422 9592007000 2021-05-05 2019 2022-09-23 18:48:47Z SAMUEL GRAY JR 170 SIGOURNEY STREET HARTFORD CT 06105 14189699 0 X WWW.BGCHARTFORD.COM X 1860 CT TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE FROM DISADVANTAGED CIRCUMSTANCES, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS. 44 44 122 75 0 0 7050934 9834030 1070869 495938 300750 183607 -53609 15612 8368944 10529187 10780 7300 0 0 2897815 3153002 102000 93500 773493 1860951 1862677 4871546 5116479 3497398 5412708 27326148 34187893 291205 1666421 27034943 32521472 X PLEASE REFER TO SCHEDULE O FOR FULL DESCRIPTION. 0 0 506038 7300 110075 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. 1721611 222602 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. 1180756 163975 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. 3408405 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 29 0 1 122 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 44 44 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 CT X X VICTORIA COPES 8607240700 170 SIGOURNEY STREET HARTFORD CT 06105 SAMUEL GRAY JR PRESIDENT & CEO 50.00 X 187159 0 18785 MATT BRODERICK VP OF DEVELOPMENT 50.00 X 114143 0 2918 VICTORIA COPES CFO 50.00 X 97826 0 18494 ALAN KRECZKO CHAIRMAN 4.00 X X 0 0 0 AMY GALLENT BOARD MEMBER 0.50 X 0 0 0 ARI SANTIAGO BOARD MEMBER 0.50 X 0 0 0 BRADLEY AKUBUIRO OUTGOING BOARD MEMBER 0.50 X 0 0 0 BRENT HOFFMAN BOARD MEMBER 0.50 X 0 0 0 BRIAN NICHOLS BOARD MEMBER 0.50 X 0 0 0 BRUCE MANDELL BOARD MEMBER 0.50 X 0 0 0 CHERITA MCINTYRE BOARD MEMBER 0.50 X 0 0 0 DAN CLARK BOARD MEMBER 0.50 X 0 0 0 DAYNA LATINO BOARD MEMBER 0.50 X 0 0 0 DUNCAN MACKAY BOARD MEMBER 1.00 X 0 0 0 EARL MCMAHON BOARD MEMBER 1.00 X 0 0 0 ELIN SWASON KATZ BOARD MEMBER 0.50 X 0 0 0 GRACE FIGUEREDO BOARD MEMBER 1.00 X 0 0 0 GREGORY DAVIS ESQ SECRETARY 1.00 X X 0 0 0 I BRADLEY HOFFMAN OUTGOING BOARD MEMBER 0.50 X 0 0 0 JACQUELINE JOHN BOARD MEMBER 0.50 X 0 0 0 JASON ROJAS BOARD MEMBER 0.50 X 0 0 0 JAY SLOVES BOARD MEMBER 2.00 X 0 0 0 JENNIFER QUIGLEY BOARD MEMBER 0.50 X 0 0 0 JOEL FREEDMAN BOARD MEMBER 1.00 X 0 0 0 JOHN BYRNES BOARD MEMBER 0.50 X 0 0 0 JOHN GALLAGHER BOARD MEMBER 0.50 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 0.50 X 0 0 0 KATHERINE CONWAY TREASURER 2.00 X X 0 0 0 KATHLEEN BROMAGE BOARD MEMBER 2.00 X 0 0 0 KEVIN HENRY ESQ BOARD MEMBER 0.50 X 0 0 0 LANDON CHASE BOARD MEMBER 0.50 X 0 0 0 LISA DUNNERY BOARD MEMBER 0.50 X 0 0 0 LORI BUDNICK BOARD MEMBER 1.00 X 0 0 0 MARJA HURLEY BOARD MEMBER 0.50 X 0 0 0 MATTHEW CARBRAY BOARD MEMBER 1.00 X 0 0 0 MICHAEL CICCHETTI BOARD MEMBER 0.50 X 0 0 0 NICOLE STARKS BOARD MEMBER 0.50 X 0 0 0 PHILIP BONEE OUTGOING BOARD MEMBER 0.50 X 0 0 0 RAY HERNANDEZ BOARD MEMBER 0.50 X 0 0 0 REV JEREMY WILLIAMS BOARD MEMBER 0.50 X 0 0 0 SHANNON LAPIERRE BOARD MEMBER 0.50 X 0 0 0 SHARA SLATTERY BOARD MEMBER 1.00 X 0 0 0 SONSERAE CICERO BOARD MEMBER 0.50 X 0 0 0 SPENCER SLOAN BOARD MEMBER 0.50 X 0 0 0 SYDNEY PARKMOND BOARD MEMBER 0.50 X 0 0 0 THOMAS JONES III VICE CHAIRMAN 2.00 X X 0 0 0 TIMOTHY SULLIVAN BOARD MEMBER 1.00 X 0 0 0 WILLIS GEE JR BOARD MEMBER 0.50 X 0 0 0 399128 0 40197 2 0 1 0 DAVID CONDONDIVERSIFIED NONPROFIT S 30 BEATRICE DRIVE WEST HAVEN CT 06516 CAPITAL CAMPAIGN CONSULTANT 102000 1 194153 467726 2540560 6631591 522629 9834030 FEES 624100 495938 495938 495938 153688 153688 3655578 3625659 29919 29919 29919 49751 467726 34853 14898 14898 OTHER REVENUES 900099 714 714 714 10529187 496652 0 198505 7300 7300 317983 168284 149699 2307877 1711392 401356 195129 70502 49416 15448 5638 270444 211572 23656 35216 186196 124763 37954 23479 27500 27500 93500 93500 41785 41785 97903 52642 2215 43046 100609 66052 15482 19075 154979 150824 2738 1417 47387 25800 21166 421 421381 374561 25538 21282 92311 73641 16167 2503 DIRECT PROGRAM EXPENSE 341964 341964 REPAIR AND MAINTENANCE 167327 161225 4239 1863 CAPITAL CAMPAIGN EXPEND 165879 165879 BAD DEBT EXPENSE 115276 115276 88376 57253 15777 15346 5116479 3408405 934581 773493 365457 623347 2717422 7012860 5002481 6440156 5500 26850 11048971 6135877 3647353 4913094 6423436 6275617 9164499 8895969 27326148 34187893 231983 1168173 59222 498248 291205 1666421 X 12269386 17138196 14765557 15383276 27034943 32521472 27326148 34187893 X 5412708 17044 316171 -259393 X X 0 1 X 1 0 X 1949904 2600570 6016820 7050934 10043857 27662085 1949904 2600570 6016820 7050934 10043857 27662085 3013977 24648108 122146 115548 128500 148540 153688 668422 139008 77884 89228 84006 714 390840 28721347 4578331 0.85820 0.82170 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2015 AMOUNT: $ 881. 2016 AMOUNT: $ 584. 2017 AMOUNT: $ 7,348. 2018 AMOUNT: $ 2,126. 2019 AMOUNT: $ 714. SPECIAL EVENTS - 2015 AMOUNT: $ 138,127. 2016 AMOUNT: $ 77,300. 2017 AMOUNT: $ 81,880. 2018 AMOUNT: $ 81,880. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6357264 124072 309721 6171615 6339882 327114 309732 6357264 6140906 503596 304620 6339882 5794640 649157 302891 6140906 6247795 -6732 446423 5794640 0.91000 0.06300 0.02700 0 0 169500 169500 8675536 5755908 2919628 375578 204709 170869 1828357 175260 1653097 4913094 ASSETS HELD IN TRUST 8893014 INTEREST RECEIVABLE 2955 8895969 X 10480800 17044 316171 -374669 -41454 10522254 41785 -34853 6932 10529186 4994271 34853 34853 4959418 41785 115276 157061 5116479 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: THE ORGANIZATION'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2017 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 -259,393. BAD DEBT EXPENSE -115,276. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -34,853. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 34,853. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 115,276. X X X X X X X 1 DIVERSIFIED NONPROFIT SERVICES 30 BEATRICE DRIVE WEST HAVEN CT 06516 CAPITAL CAMPAIGN CONSULTANT 0 0 93500 -93500 93500 -93500 CT ANNUAL GALA 356300 331300 25000 3531 DASHWAY LUNCHEON 82013 68512 13501 14580 1 79164 67914 11250 16742 517477 467726 49751 34853 34853 14898 1 YOUTH OF THE YEAR SCHOLARSHIPS 4 7300 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO YOUTH OF THE YEAR RECIPIENTS BASED UPON IN DEPTH NOMINATION AND REVIEW PROCESS. X X X X 0 0 0 0 0 0 0 1 0 SAMUEL GRAY JR PRESIDENT & CEO 167458 0 10000 0 9701 0 8316 0 10469 0 205944 0 0 0 PART I, LINE 7 CEO RECEIVED A BOARD APPROVED $10,000 BONUS WHICH IS INCLUDED IN HIS 2019 W2. MARCUS GRAY CEO'S SON 12092 COMPENSATION 0 X 9 308975 FMV X 1 213654 FMV 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 FINANCE COMMITTEE. 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 -259,393. FORM 990 XII LINE 2C EXPLANATION THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT. 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.