2024-05-15T12:43:01-05:00 2023-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 990 2022-07-01 042103922 BOYS & GIRLS CLUBS OF BOSTON INC BOYS 6179944700 200 HIGH STREET 3RD FLR BOSTON MA 02110 NATHAN KUDER CFO 6179944700 2024-05-14 1 NATHAN KUDER 999009999 0 LYNNE JOHNSON P00757336 6179129000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT LEWIS JR 200 HIGH STREET 3RD FLR BOSTON MA 02110 29288067 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. 62 60 365 550 -13222 0 43042012 21850324 276144 517402 2278943 1971680 -407331 -328402 45189768 24011004 189033 211093 0 0 15954294 19589802 0 0 3669598 9353589 11659019 25496916 31459914 19692852 -7448910 138392612 143474260 1957818 6448881 136434794 137025379 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 20033316 211093 517402 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. 2363450 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. 1521502 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. 23918268 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 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 1 1 0 0 0 1 246 0 1 365 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 62 60 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY X NATHAN KUDER 6179944700 200 HIGH STREET 3RD FLR BOSTON MA 02110 MAUREEN ALPHONSE-CHARLES SENIOR DIR DIRECTOR 1.00 X 0 0 0 ANDREW ARNOTT DIRECTOR 1.00 X 0 0 0 LYNN BOGLE DIRECTOR (FROM 10/6/2022) 1.00 X 0 0 0 MICHAEL BRONNER DIRECTOR 1.00 X 0 0 0 EMILY BROWN DIRECTOR 1.00 X 0 0 0 JAMES CANFIELD DIRECTOR 1.00 X 0 0 0 MICHAEL CARSON DIRECTOR (THRU 10/6/2022) 1.00 X 0 0 0 MICEAL CHAMBERLAIN DIRECTOR 1.00 X 0 0 0 KEVIN CHURCHWELL DIRECTOR 1.00 X 0 0 0 ROBERTY CLEARY JR DIRECTOR 1.00 X 0 0 0 ROXANN COOKE DIRECTOR (FROM 10/6/2022) 1.00 X 0 0 0 STACY COWAN DIRECTOR 1.00 X 0 0 0 JONATHAN DAVIS DIRECTOR 1.00 X 0 0 0 SANDRA EDGERLY DIRECTOR 1.00 X 0 0 0 MARK EPKER DIRECTOR 1.00 X 0 0 0 CORRINE FERGUSON DIRECTOR (THRU 10/6/2022) 1.00 X 0 0 0 KAREN FIRESTONE DIRECTOR 1.00 X 0 0 0 WILLIAM GELNAW DIRECTOR 1.00 X 0 0 0 VICARY GRAHAM DIRECTOR 1.00 X 0 0 0 ANDREW HARRINGTON DIRECTOR (FROM 10/6/2022) 1.00 X 0 0 0 CAIN HAYES DIRECTOR (FROM 10/6/2022) 1.00 X 0 0 0 DONNA HAZARD DIRECTOR 1.00 X 0 0 0 PATRICIA HERRING DIRECTOR (FROM 10/6/2022) 1.00 X 0 0 0 JOSEPH HOOLEY DIRECTOR 1.00 X 0 0 0 DURANT HUNTER DIRECTOR (THRU 10/6/2022) 1.00 X 0 0 0 BRUCE JACOBS DIRECTOR 1.00 X 0 0 0 PATRICIA JACOBS DIRECTOR 1.00 X 0 0 0 SARAH KIM DIRECTOR 1.00 X 0 0 0 JOSHUA KLEVENS DIRECTOR 1.00 X 0 0 0 BRIAN KNEZ DIRECTOR 1.00 X 0 0 0 MICHAEL KRUPKA DIRECTOR 1.00 X 0 0 0 MICHAEL MAHONEY DIRECTOR 1.00 X 0 0 0 SHELAGH MAHONEY-MCNAMEE DIRECTOR 1.00 X 0 0 0 ELENA MATLACK DIRECTOR 1.00 X 0 0 0 ONNIE MAYSHAK DIRECTOR 1.00 X 0 0 0 JOHN MCEVOY DIRECTOR 1.00 X 0 0 0 DAVID MCGRATH DIRECTOR 1.00 X 0 0 0 QUINCY MILLER DIRECTOR 1.00 X 0 0 0 EDVALDO MORATA DIRECTOR 1.00 X 0 0 0 JANICE MORRIS DIRECTOR 1.00 X 0 0 0 BRIAN MOYNIHAN DIRECTOR 1.00 X 0 0 0 JOHN NADAS DIRECTOR 1.00 X 0 0 0 FARHAD NANJI DIRECTOR 1.00 X 0 0 0 THOMAS NIEDERMEYER DIRECTOR 1.00 X 0 0 0 FEMI OBI DIRECTOR 1.00 X 0 0 0 SAUL PANNELL DIRECTOR 1.00 X 0 0 0 DAVID PEELER DIRECTOR 1.00 X 0 0 0 BRYAN RAFANELLI DIRECTOR 1.00 X 0 0 0 BERNADETTE REHNERT DIRECTOR (THRU 10/6/2022) 1.00 X 0 0 0 LAURA REYNOLDS DIRECTOR 1.00 X 0 0 0 MARY SKELTON ROBERTS DIRECTOR (FROM 10/6/2022) 1.00 X 0 0 0 PAUL ROONEY DIRECTOR 1.00 X 0 0 0 THOMAS SEEMAN DIRECTOR 1.00 X 0 0 0 GREG SHELL DIRECTOR 1.00 X 0 0 0 ROBERT SMALL DIRECTOR 1.00 X 0 0 0 DANA SMITH DIRECTOR 1.00 X 0 0 0 JANE STEINMETZ DIRECTOR 1.00 X 0 0 0 RICHARD VOKE DIRECTOR 1.00 X 0 0 0 HERBERT WAGNER DIRECTOR 1.00 X 0 0 0 MELISSA WEINER JANFAZA DIRECTOR 1.00 X 0 0 0 FRANK WISNESKI DIRECTOR 1.00 X 0 0 0 STEPHEN WOODSUM DIRECTOR (THRU 10/6/2022) 1.00 X 0 0 0 DAVID JOHNSON DIRECTOR, CHAIR OF THE BOARD 1.00 X X 0 0 0 MICHELE COURTON BROWN DIRECTOR, VICE CHAIR GOVERNANCE 1.00 X X 0 0 0 RICHARD LASSEN DIRECTOR, VICE CHAIR AUDIT 1.00 X X 0 0 0 JOSEPH CAMPANELLI DIRECTOR, TREASURER 1.00 X X 0 0 0 R GREGG STONE III DIRECTOR, CLERK 1.00 X X 0 0 0 ROBERT LEWIS JR CEO & NICHOLAS PRESIDENT 35.00 X 275755 0 24310 DAVID LIBBY EVP & CFO 35.00 X 214401 0 56344 PETER NASH COO 35.00 X 207742 0 56438 ANGELA BRAMAN INTERIM EXECUTIVE VP DEVELOPMENT 35.00 X 195071 0 46241 KELLI FOLGER VP HUMAN RESOURCES 35.00 X 190492 0 57865 BAILEY SNYDER AVP, MARKETING & COMMUNICATION 35.00 X 156909 0 10085 ANDREA SWAIN VP CLUB OPERATIONS 35.00 X 147118 0 28561 HAROLD DUVALL EXECUTIVE DIRECTOR (UNTIL 12/31/22) 35.00 X 144558 0 26296 LAUREN SIMONE SENIOR DIR CORP. & FOUNDATION (UNTIL 3/17/23) 35.00 X 141479 0 9427 ELIZABETH SHEARER SENIOR DIR DONOR RELATIONSHIPS & PLAN GIVING 35.00 X 125964 0 38907 1799489 0 354474 22 0 1 0 USHERWOOD OFFICE TECHNOLOGY 1005 WEST FAYETTE STREET SYRACUSE NY 13204 TECHNOLOGY SERVICES 377791 PEAK EVENT SERVICES 36 CABOT ROAD WOBURN MA 01801 EVENT RENTALS 250840 CITY FRESH FOODS 77 SHIRLEY STREET ROXBURY MA 02119 FOOD SERVICES 223619 SHERATON CLEANING 245 N BEACON STREET 2 BRIGHTON MA 02135 CLEANING SERVICES 207335 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 AUDIT, TAX 158180 8 379020 6313666 3383550 11774088 342936 21850324 SUMMER PROGRAMS 900099 375910 375910 MEMBERSHIP DUES & ASSESSMENTS 900099 100794 100794 AFTER/PRE SCHOOL FEES 900099 40698 40698 517402 825309 -13222 838531 97853 0 97853 97853 97853 4975968 3829597 1146371 1146371 1146371 946211 6313666 1447466 -501255 -501255 MISCELLANEOUS 900099 75000 75000 75000 24011004 517402 -13222 1656500 211093 211093 1261656 942520 127881 191255 14629466 10928945 1482834 2217687 2478469 1847185 286417 344867 1220211 909414 141010 169787 3772 3772 175758 175758 96133 96133 1219169 676970 350204 191995 149999 149999 515847 299934 52748 163165 289944 144573 18278 127093 776142 608484 167658 632472 587390 31789 13293 1331931 1042875 238465 50591 2300165 2145042 155123 435428 298639 49236 87553 FOOD/SUPPLIES 1045642 1045642 MAINTENANCE OF FACILITI 1037191 813142 224049 RENT EXPENSE 800631 572573 115746 112312 MEALS & SNACKS 663889 663889 184906 29959 154947 31459914 23918268 3872048 3669598 252767 252893 27519142 26171402 6177627 1917818 618135 948255 505016 453377 66307295 41142390 25749069 25164905 27806094 32979715 49764762 51018911 0 4566984 138392612 143474260 1587819 1025466 369999 366471 0 5056944 1957818 6448881 X 55001824 50636099 81432970 86389280 136434794 137025379 138392612 143474260 X -7448910 7745606 241557 52332 X 0 1 X 1 1 1 X 28684708 17031093 18619843 43042012 21850324 129227980 28684708 17031093 18619843 43042012 21850324 129227980 5181819 124046161 1079461 972244 532156 919386 936384 4439631 1034240 2949772 471001 1765225 1021211 7241449 140909060 2366853 0.88030 0.85010 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS - 2018 AMOUNT: $ 959,240. 2019 AMOUNT: $ 2,874,772. 2020 AMOUNT: $ 396,001. 2021 AMOUNT: $ 1,690,225. 2022 AMOUNT: $ 946,211. MISCELLANEOUS - 2018 AMOUNT: $ 75,000. 2019 AMOUNT: $ 75,000. 2020 AMOUNT: $ 75,000. 2021 AMOUNT: $ 75,000. 2022 AMOUNT: $ 75,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77883218 1191875 8860445 3465000 84470538 88007169 819155 -7803106 3140000 77883218 65777317 3722384 21426468 2919000 88007169 67003864 3294824 -1760371 2761000 65777317 66273425 1244062 1961377 2475000 67003864 0.07240 0.82270 0.10490 0 0 480275 480275 60791157 37615259 23175898 4937512 3527131 1410381 98351 98351 25164905 DOMESTIC EQUITY 14813411 F ALTERNATIVE INVESTMENTS 34532944 F EMERGING MARKETS EQUITY 1672556 F 51018911 OPERATING LEASE OBLIGATIONS 5056944 5056944 X 33401832 7745606 241557 -43801 7943362 25458470 -1447466 -1447466 24011004 32811247 1447466 1447466 31363781 96133 96133 31459914 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 52,332. INVESTMENTS EXPENSES NETTED WITH INVESTMENT RETURN ON AUDITED FS -96,133. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE REPORTED ON FORM 990, PART VIII, LINE 8B -1,447,466. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE REPORTED ON FORM 990, PART VIII, LINE 8B 1,447,466. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENT 1617771 0 0 0 0 0 0 1617771 0 1617771 1 0 1 1 1 0 PART III ACCOUNTING METHOD: HOUSE PARTY 3953228 3357828 595400 298643 155649 21500 286428 ANNUAL DINNER 2318457 2017058 301399 59920 202759 88054 20 988192 938780 49412 11035 164584 158894 7259877 6313666 946211 369598 522992 21500 533376 1447466 -501255 1 SCHOLARSHIPS 134 211093 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 0 0 0 0 0 0 0 1 0 ROBERT LEWIS JR CEO & NICHOLAS PRESIDENT 250250 0 21667 0 3838 0 0 0 24310 0 300065 0 0 0 DAVID LIBBY EVP & CFO 175996 0 37853 0 552 0 18321 0 38023 0 270745 0 0 0 PETER NASH COO 170982 0 36400 0 360 0 15969 0 40469 0 264180 0 0 0 KELLI FOLGER VP HUMAN RESOURCES 157850 0 32282 0 360 0 15625 0 42240 0 248357 0 0 0 ANGELA BRAMAN INTERIM EXECUTIVE VP DEVELOPMENT 163833 0 30036 0 1202 0 14432 0 31809 0 241312 0 0 0 ANDREA SWAIN VP CLUB OPERATIONS 133785 0 12191 0 1142 0 16227 0 12334 0 175679 0 0 0 HAROLD DUVALL EXECUTIVE DIRECTOR (UNTIL 12/31/22) 130958 0 12491 0 1109 0 15325 0 10971 0 170854 0 0 0 BAILEY SNYDER AVP, MARKETING & COMMUNICATION 142749 0 13905 0 255 0 7856 0 2229 0 166994 0 0 0 ELIZABETH SHEARER SENIOR DIR DONOR RELATIONSHIPS & PLAN GIVING 119452 0 6134 0 378 0 6514 0 32393 0 164871 0 0 0 LAUREN SIMONE SENIOR DIR CORP. & FOUNDATION (UNTIL 3/17/23) 134609 0 6631 0 239 0 6740 0 2687 0 150906 0 0 0 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 562605 LEASE OF OFFICE SPACE PAID TO DAVIS COMPANIES 0 RAFANELLI EVENTS ENTITY OWNED MORE THAN 35% BY BRYAN RAFANELLI, DIRECTOR 199223 EVENT PLANNING AND MANAGEMENT FOR HOUSE PARTY. 0 X 20 305034 FMV X 5 2050 X GIFT CARDS AND TICKETS 544 24066 FMV X EQUIPMENT, ELECTRONICS, FURNITURE 405 9394 FMV X TRAVEL & EXPERIENCES 13 2392 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS BASED ON THE NUMBER OF ITEMS RECEIVED. 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, CANDID (FORMERLY KNOWN AS 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 CANDID, FORMERLY KNOWN AS GUIDESTAR, AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 52,332. PERPETUAL CHARITABLE TRUST (1) PERPETUAL CHARITABLE TRUST MA BOYS & GIRLS CLUBS OF BOSTON INC T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0