THE BINGHAMTON BOYS AND GIRLS CLUB FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
THE BINGHAMTON BOYS AND GIRLS CLUB FOUNDATION (EIN 16-6304094)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-13
IRS object ID
201733179349101448
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-13T11:45:21-08:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Piaker & Lyons PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1330AddressLine1Txt
CityBinghamtonCityNm
State AbbreviationNYStateAbbreviationCd
ZIP139021330ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN166304094EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BINGHAMTON BOYS & GIRLS CLUB FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBINGBusinessNameControlTxt
Phone6077237404PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 638AddressLine1Txt
CityBINGHAMTONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP13902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGlenn R SmallPersonNm
Person TitlePresidentPersonTitleTxt
Signature2017-08-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAngelo J GalloPreparerPersonNm
PTINP01266802PTIN
Phone6077299373PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Initial Return Former Pub ChrtyYes (X)InitialReturnFormerPubChrtyInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,285,664FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$7,030ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$28,736DividendsRevAndExpnssAmt
Dividends Net Invst Incm$28,736DividendsNetInvstIncmAmt
Dividends Adj Net Incm$28,736DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$13,714NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$643,187GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$13,714CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$49,480TotalRevAndExpnssAmt
Total Net Invst Incm$42,450TotalNetInvstIncmAmt
Total Adj Net Incm$28,736TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$6,970AccountingFeesRevAndExpnssAmt
Accounting Fees Adj Net Incm$6,970AccountingFeesAdjNetIncmAmt
Trav Conf Meeting Rev And Expnss$841TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Adj Net Incm$841TravConfMeetingAdjNetIncmAmt
Other Expenses Rev And Expnss$15,115OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$13,632OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$1,483OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$22,926TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$13,632TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$9,294TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$60,621ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$60,621ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$83,547TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$13,632TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$9,294TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$60,621TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$34,067ExcessRevenueOverExpensesAmt
Net Investment Income$28,818NetInvestmentIncomeAmt
Adjusted Net Income$19,442AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$78CashBOYAmt
Cash EOY$61CashEOYAmt
Cash EOYFMV$61CashEOYFMVAmt
Sav And Temp Cash Invst BOY$62,704SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$33,137SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$33,137SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl BOY$5,965AcctRcvblBOYAmt
Pledges Rcvbl$5,000PledgesRcvblAmt
Pledges Rcvbl BOY$5,000PledgesRcvblBOYAmt
Pledges Rcvbl EOY$5,000PledgesRcvblEOYAmt
Pledges Rcvbl EOYFMV$5,000PledgesRcvblEOYFMVAmt
Other Nts And Loans Rcvbl$124,386OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$131,986OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$124,386OtherNtsAndLoansRcvblEOYAmt
Corporate Bonds BOY$1,193,377CorporateBondsBOYAmt
Corporate Bonds EOY$1,247,466CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,247,466CorporateBondsEOYFMVAmt
Total Assets BOY$1,399,110TotalAssetsBOYAmt
Total Assets EOY$1,410,050TotalAssetsEOYAmt
Total Assets EOYFMV$1,285,664TotalAssetsEOYFMVAmt
Accounts Payable BOY$5,619AccountsPayableBOYAmt
Accounts Payable EOY$5,759AccountsPayableEOYAmt
Other Liabilities EOY$1OtherLiabilitiesEOYAmt
Total Liabilities BOY$5,619TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,760TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$1,388,491UnrestrictedBOYAmt
Unrestricted EOY$1,399,290UnrestrictedEOYAmt
Temporarily Restricted BOY$5,000TemporarilyRestrictedBOYAmt
Temporarily Restricted EOY$5,000TemporarilyRestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$1,393,491TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,404,290TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,399,110TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,410,050TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,393,491TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$34,067ExcessRevenueOverExpensesAmt
Other Increases$44,866OtherIncreasesAmt
Subtotal$1,404,290SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,404,290TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyVARIOUS PUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2000-01-01AcquiredDt
Sold2016-01-01SoldDt
Gross Sales Price$643,187GrossSalesPriceAmt
Cost Or Other Basis$629,473CostOrOtherBasisAmt
Gain Or Loss$13,714GainOrLossAmt
Gains Minus Excess Or Losses$13,714GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$13,714CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$576InvestmentIncomeExciseTaxAmt
Subtotal$576SubtotalAmt
Tax Based On Investment Income$576TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$17EsPenaltyAmt
Tax Due$593TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Teresa Cortese-GreenBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6077750144PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 638AddressLine1Txt
CityBinghamtonCityNm
State AbbreviationNYStateAbbreviationCd
ZIP139020638ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (17 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
George Akel
2165 E Hampton RdBinghamtonNY13903Trustee1.00$0
Teresa Cortese Green
13 Grandview AvenueBinghamtonNY13904Executive Dir.1.00$0
Dr Christopher S Demtrak
512 Murray Hill RdVestalNY13850Trustee1.00$0
Paul R Hoffman
450 Plaza DriveVestalNY13850Trustee1.00$0
Douglas R Johnson
4 Oak StreetBinghamtonNY13905Trustee1.00$0
Nicole Huff
21 Crestmont RoadBinghamtonNY13905Trustee1.00$0
Jeffrey D Lake
PO Box 186VestalNY13851Trustee1.00$0
Lillian L Levy
PO Box 5250BinghamtonNY139025250Trustee1.00$0
Albert Nocciolino
104 Southwood DriveVestalNY13850Trustee1.00$0
Kenneth H Miller
8 Rugby RoadBinghamtonNY13905Treasurer1.00$0
Sameul Pejo
27 Park AvenueBinghamtonNY13903Trustee1.00$0
Eugene E Peckham
1 Stonecrest CourtBinghamtonNY13903Trustee1.00$0
Lamont T Pinker
28 Virginia AveBinghamtonNY13905Trustee1.00$0
Glenn R Small
28 Clifton BlvdBinghamtonNY13903Chairman1.00$0
Marybeth Walsh
17 Coventry LaneBinghamtonNY13903Trustee1.00$0
Gordon E Thompson
3 Matthews StreetBinghamtonNY13903Secretary1.00$0
Ron Sall
52 Court StreetBinghamtonNY13901Trustee1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$576TaxBasedOnInvestmentIncomeAmt
Total Tax$576TotalTaxAmt
Distributable Before Adj$576DistributableBeforeAdjAmt
Distributable Before Ded$576DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$60,621ExpensesAndContributionsAmt
Qualifying Distributions$60,621QualifyingDistributionsAmt
Adjusted Qualifying Distri$60,621AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Qualifying Distributions$60,621QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$60,621RemainingDistriFromCorpusAmt
Total Corpus$60,621TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$60,621ExcessDistriCyovToNextYrAmt
Excess From Current Year$60,621ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonBINGHAMTON BOYS GIRLS CLUBRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line190 Clinton StreetAddressLine1Txt
CityBINGHAMTONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP13905ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipAFFILIATERecipientRelationshipTxt
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeBINGHAMTON BOYS AND GIRLS CLUB FOUNDATION PROVIDES FUNDS FOR THE BENEFIT AND SUPPORT OF THE BINGHAMTON BOYS AND GIRLS CLUBGrantOrContributionPurposeTxt
Amt$60,621Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$60,621TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$28,736ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,714RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$28,736ExclusionAmt
Related Or Exempt Function Incm$13,714RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$42,450TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number96/100LineNumberTxt
Relationship StatementTHE BINGHAMTON BOYS AND GIRLS CLUB FOUNDATION ACTS AS AN ENDOWMENT FUND FOR THE BINGHAMTON BOYS AND GIRLS CLUB, INC. (A501 (C3) EXEMPT ORGANIZATION). THE FOUNDATION RECEIVES AND HOLDS RESTRICTED AND UNRESTRICTED FUNDS FOR THE BENEFIT OF THE BINGHAMTON BOYS AND GIRLS CLUB, INC. PURSUANT TO A TRUST AGREEMENT. THE HOLDING OF THE AFOREMENTIONED FUNDS GENERATES INVESTMENT INCOME THROUGH GAINS ON THE SALE OF ASSETS AND INTEREST AND DIVIDEND INCOME.RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$6,970Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$6,970AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmtNet Investment IncomeNetInvestmentIncomeAmt
ADVERTISING & COMMUNICATIONS$300$300
BANK CHARGES$17$17
INVESTMENT FEES$13,632$13,632
MISCELLANEOUS$288$288
NYS FILING FEE$250$250
OFFICE EXPENSE$441$441
POSTAGE & SHIPPING$187$187

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescRoundingDesc
EOY Book Value$1EOYBookValueAmt

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