2012-04-04T14:51:45-05:00 2010-12-31 FRANKEL ZACHARIA LLC 11404 WEST DODGE RD SUITE 700 OMAHA NE 681542576 990 2010-01-01 470467350 BOYS AND GIRLS CLUBS OF THE MIDLANDS INC BOYS 4023421600 2606 HAMILTON STREET OMAHA NE 68131 TODD ENGLE 4023421600 2012-04-02 1 SHARI MUNRO 4024969100 2010 2016-02-24 21:20:13Z X TODD ENGLE 2606 HAMILTON STREET OMAHA NE 68131 14913858 0 X WWW.BGCOMAHA.ORG X 1961 NE THE CLUB PROVIDES BEHAVIORAL GUIDANCE AND PROMOTES HEALTH, SOCIAL, EDUCATIONAL, VOCATIONAL AND CHARACTER DEVELOPMENT OF BOYS ANG GIRLS. SEE PART III OF FORM 990 FOR ADDITIONAL INFORMATION ON CLUB PROGRAMS AND ACTIVITIES. 38 37 145 710 0 0 5158966 4487381 0 0 56970 15596 -8508 -50453 5207428 4452524 183017 235655 0 0 2942731 3053148 9894 0 495259 1867081 1859503 5002723 5148306 204705 -695782 19059356 19274807 355768 347297 18703588 18927510 X BOYS AND GIRLS CLUB OF THE MIDLANDS PROVIDES DIVERSE ACTIVITIES THAT MEET THE INTERESTS OF ALL YOUTH. CORE PROGRAMS ENGAGE YOUNG PEOPLE IN ACTIVITIES WITH ADULTS, PEERS AND FAMILY MEMBERS THAT ENABLE THEM TO DEVELOP SELF-ESTEEM AND TO REACH THEIR FULL POTENTIAL. SEE SUPPLEMENTAL SCHEDULE O FOR DESCRIPTIONS OF CORE PROGRAMS. 0 0 1449435 0 PARTICIPATORY RECREATION 477441 0 SPECIAL EDUCATION 522520 50063 COMMUNITY LEARNING CENTERS 1661783 185592 1661783 185592 4111179 1 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 145 1 0 0 0 0 0 1 1 0 0 0 0 X 38 37 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 X X BOYS AND GIRLS CLUBS OF THE MIDLAND 4023421600 2610 HAMILTON OMAHA NE 68131 SCOTT ANDERSON 5.00 X 0 0 0 KIM HAWKINS 5.00 X 0 0 0 BRENDA COUNCIL 5.00 X 0 0 0 TOM FELLMAN 5.00 X 0 0 0 TIMOTHY HOLLAND 5.00 X 0 0 0 GERALD VERNON 5.00 X 0 0 0 FRED SCHOTT 40.00 X X X 152991 0 0 TODD ENGLE 5.00 X X 0 0 0 RICARDO ARIZA 5.00 X 0 0 0 MIKE FOUTCH 5.00 X 0 0 0 IVAN GILREATH 5.00 X 0 0 0 JEFF BUTLER 5.00 X 0 0 0 SUZANNE ARKOOSH CARUSO 5.00 X 0 0 0 WILLIAM GUENTHER 5.00 X 0 0 0 CHRISTOPER CIRCO 5.00 X 0 0 0 SARA COMER 5.00 X 0 0 0 KAREN HEGGE 5.00 X 0 0 0 SCOTT C HEIDER 5.00 X 0 0 0 NANCY JACOBSON 5.00 X 0 0 0 ROBERT E JOYCE 5.00 X 0 0 0 HOWARD KOOPER 5.00 X 0 0 0 ROBERT E OWEN 5.00 X 0 0 0 CAROL RUSSEL 5.00 X 0 0 0 DR DONALD SCOTT 5.00 X 0 0 0 LOWELL THRASHER 5.00 X 0 0 0 DENNIS WALKER 5.00 X 0 0 0 AILEEN WARREN 5.00 X 0 0 0 MICHAEL HUFFER 5.00 X 0 0 0 THOMAS F KERR 5.00 X 0 0 0 SHARON SALTZMAN 5.00 X 0 0 0 MICHAEL WILLIAMS 5.00 X 0 0 0 JEFF SCHRAGER 5.00 X 0 0 0 JASON GILBREATH 5.00 X 0 0 0 TRENT COZAD 5.00 X 0 0 0 TED HOFF 5.00 X 0 0 0 MICHAEL LIGHTHART 5.00 X 0 0 0 ANNETTE SMITH 5.00 X 0 0 0 LESLIE VANDERVEEN 5.00 X X 0 0 0 SHARI MAGNUSSEN 40.00 X 75180 0 0 LAURA SCHABLOSKE 40.00 X 128315 0 0 356486 0 0 2 0 1 0 0 788893 277298 367417 232459 2821314 4487381 100102 100102 10270511 10355017 -84506 -84506 -84506 37371 367417 106317 -68946 -68946 BELOW MARKET RENT INCO 900099 18493 18493 18493 4452524 -66013 0 31156 235655 235655 2501552 1900294 250455 350803 326713 219712 52621 54380 224883 187408 5868 31607 171911 111465 60366 80 26273 26273 134247 119672 12353 2222 569576 521612 39467 8497 21588 20160 772 656 100 100 578537 548152 30385 LOCAL TRANSPORTATION AN 116163 90625 22544 2994 AWARDS & GRANTS 76244 63624 2457 10163 MAINTENANCE 44951 39650 3963 1338 TELEPHONE 33202 26563 5556 1083 EQUIPMENT PURCHASES 26865 21227 1121 4517 59846 5360 27567 26919 5148306 4111179 541868 495259 679460 702007 319779 133003 388404 379904 14602051 4983902 10020112 9618149 5830650 6753168 1820951 1688576 19059356 19274807 111264 184785 43624 114300 200880 48212 355768 347297 X 15068667 16151816 3128471 2269244 506450 506450 18703588 18927510 19059356 19274807 X -695782 919704 X 0 1 0 X 0 X 3814899 8459591 5561110 4846865 4487381 27169846 3814899 8459591 5561110 4846865 4487381 27169846 1481578 25688268 685302 465676 118710 56970 100102 1426760 5524 -3387 2137 28598743 0.89820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5830650 304807 693801 36820 12997 26273 6753168 4940015 393242 744646 45873 187377 14003 5830650 0.92500 0.07500 0.00000 0 0 591872 591872 12739285 3958256 8781029 162615 100464 62151 954630 808289 146341 153649 116893 36756 9618149 CORPORATE STOCKS 916972 F COMMERCIAL PAPER - MONEY MARKET 433002 F MUTUAL FUNDS 3588187 F FIXED INCOME BOND FUNDS 1815007 F 6753168 INTEREST RECEIVABLE 8015 INTANGIBLE ASSET 1658500 OTHER ASSETS 22061 1688576 INTER-FUND PAYABLES 48212 48212 4452524 5148306 -695782 678204 241500 919704 223922 5345955 678204 241500 -26273 893431 4452524 0 4452524 5122033 0 5122033 26273 26273 5148306 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INCOME GENERATED FROM THE ENDOWMENT FUNDS IS COMMITTED TO THE CONTINUED FUNDING OF NORMAL OPERATIONS INCURRED IN FULFILLMENT OF STATED ORGANIZATION MISSIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CLUB IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO TAXES ARE INCLUDED IN THESE FINANCIAL STATEMENTS. ACCCOUNTING STANDARDS REQUIRE DISCLOSURE AND RECOGNITION IN FINANCIAL STATEMENTS OF POSITIONS TAKEN IN A TAX RETURN ABOUT THE TREATMENT OF TRANSACTIONS AND EVENTS THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. TAX POSITIONS RELATIVE TO A NOT-FOR-PROFIT ORGANIZATION INCLUDE ACTIVITIES THAT MAY ENDANGER ITS EXEMPT PURPOSE AND STATUS AS AN EXEMPT ORGANIZATION. THE CLUB BELIEVES IT COMPLIES WITH ALL RELEVANT TAX LAWS AND REGULATIONS AND HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS. THEREFORE, NO LIABILITY FOR UNCERTAIN TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. TAX RETURNS FOR 2007 THROUGH 2010 ARE OPEN AND SUBJECT TO EXAMINATION BY THE CLUB'S MAJOR TAX JURISDICATIONS. HOWEVER, THE CLUB HAS RECEIVED NO NOTICE FROM TAXING AUTHORITIES OF INTENT TO DO SO. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -26,273. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 26,273. ON THE ROAD EVENT 231182 220825 10357 0 22067 14478 13883 6261 7747 STOCK MARKET CHALLENGE 127555 123155 4400 0 0 2200 5726 0 14154 4 46051 23437 22614 0 11135 0 3624 0 5042 404788 367417 37371 33202 16678 23233 6261 26943 106317 -68946 0 SCHOLARSHIPS 14 44783 BOOK N/A 0 0 0 0 0 0 0 0 0 FRED SCHOTT 152991 0 0 0 0 0 0 0 0 0 152991 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B ALL COMMITTEES REPORT TO THE GOVERNING BODY, THUS THE GOVERNING BOARD MAKES ALL FINAL DECISIONS. FORM 990, PART VI, SECTION B, LINE 11 FRED SCHOTT,SECRETARY OF THE BOARD, REVIEWS AND SIGNS THE FORM 990 PRIOR TO SENDING THE RETURN TO THE IRS. ONCE THE RETURN IS COMPLETED AND SIGNED, THE FORM IS DISCUSSED WITH OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 678,204. DONATED SERVICES AND USE OF FACILITIES: 241,500. TOTAL TO FORM 990, PART XI, LINE 5: 919,704. REASON FOR AMENDMENT OF RETURN FORM 990, PART VII, SECTION A THIS RETURN IS BEING AMENDED TO DENOTE FRED SCHOTT AS A MEMBER OF THE BOARD OF DIRECTORS. FRED SCHOTT WAS INADVERTENTLY NOT MARKED AS A DIRECTOR ON THE ORIGINALLY FILED RETURN.