2025-01-17T08:20:40-06:00 2024-06-30 540618213 HANTZMON WIEBEL LLP PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2023-07-01 541602004 BOYS & GIRLS CLUBS OF CENTRAL VIRGINIA BOYS 4349719400 PO BOX 707 CHARLOTTESVILLE VA 22902 MICHAEL MILLIGAN TREASURER 4349719400 2025-01-15 1 0 EDWARD J SCHMITZ P00551113 4342962156 2023 2024-10-15 13:58:12Z X MICHAEL MILLIGAN PO BOX 707 CHARLOTTESVILLE VA 22902 6450746 0 X WWW.BGCLUBCVA.ORG X 1991 VA BOYS & GIRLS CLUBS OF CENTRAL VIRGINIA, THE AREA'S LEADING PROVIDER OF YOUTH DEVELOPMENT SERVICES, ENABLES ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE MEMBERS OF THE COMMUNITIES IN WHICH THEY LIVE. CLUB PROGRAMS PROMOTE ACADEMIC SUCCESS, HEALTH & WELLBEING, CHARACTER & LEADERSHIP, AND LIFE & WORKFORCE READINESS. 32 32 220 435 0 0 8862834 4694761 45529 10366 330482 1183614 -75857 -72727 9162988 5816014 0 0 0 0 4257297 4519774 0 0 559069 2287486 3097067 6544783 7616841 2618205 -1800827 55896344 55721437 3439607 3558057 52456737 52163380 X BOYS & GIRLS CLUBS OF CENTRAL VIRGINIA ENABLES ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE MEMBERS OF THE COMMUNITIES IN WHICH THEY LIVE. 0 0 6445278 10366 WITH A BELIEF THAT ALL YOUNG PEOPLE DESERVE OPPORTUNITIES FOR AN EDUCATION AND TO SUCCEED, BOYS & GIRLS CLUBS OF CENTRAL VIRGINIA IS THE AREA'S LEADING PROVIDER OF YOUTH DEVELOPMENT PROGRAMS, PROMOTING POSITIVE OUTCOMES IN ACADEMIC SUCCESS, HEALTH & WELLBEING, CHARACTER & LEADERSHIP, AND LIFE & WORKFORCE READINESS. THE ORGANIZATION'S SIX CLUBS SERVE MORE THAN 1,500 YOUTH AGES 5-18 FROM CHARLOTTESVILLE CITY AND ALBEMARLE, BUCKINGHAM, FLUVANNA, MADISON, AND ORANGE COUNTIES. EACH CLUB OFFERS 40 TO 60 PROGRAMS ACROSS FIVE CORE AREAS: CHARACTER AND LEADERSHIP DEVELOPMENT; HEALTH AND LIFE SKILLS; EDUCATION, TECHNOLOGY, AND CAREER DEVELOPMENT; THE ARTS; AND SPORTS, FITNESS, AND RECREATION. HIGH QUALITY PROGRAMS, COMBINED WITH AFFORDABILITY AND ACCESSIBILITY, ARE THE CLUB'S MOST EFFECTIVE STRATEGIES IN ENSURING THAT ALL YOUTH, TEENS, AND COMMUNITIES THRIVE. THE CLUB IS OPEN DURING CRITICAL OUT-OF-SCHOOL-TIMES, INCLUDING EVERY DAY AFTER SCHOOL, ALL DAY DURING THE SUMMER, MOST SCHOOL BREAKS, AND SELECTED EVENINGS AND WEEKENDS. TO PROMOTE ACCESS TO CHILDREN WHO NEED US MOST, CLUB MEMBERSHIP FEES TO FAMILIES ARE ONLY $15 TO $150 ANNUALLY AND REPRESENT LESS THAN 2% OF THE ORGANIZATION'S REVENUE. THIS IS ESPECIALLY IMPORTANT IN AN AREA WHERE OVER ONE FIFTH OF FAMILIES CANNOT MEET THEIR BASIC NEEDS, INCLUDING CHILDCARE. ADDITIONALLY, IN FY24, AT LEAST 81% OF THE CLUB'S REGISTERED MEMBERS QUALIFIED FOR FREE OR REDUCED-PRICE LUNCH.FY24 INCLUDED THE FIRST FULL YEAR OF OPERATIONS AT THE ALBEMARLE CAMPUS CLUB, A 52,000 SQUARE FOOT FACILITY LOCATED WITHIN WALKING DISTANCE OF FOUR PUBLIC SCHOOLS. IN ITS FIRST YEAR, THE CLUB SERVED 590 MEMBERS, ALONG WITH HOSTING OVER 160 MEMBERS FROM THE ORGANIZATION'S OTHER FIVE CLUBS FOR SPECIAL PROGRAMMING EVENTS INCLUDING AN ART SHOW, STEM OLYMPICS, AND CAREER CHATS. EVERY SCHOOL DAY DURING NON-CLUB HOURS, THE ALBEMARLE CAMPUS CLUB HOSTS AROUND 80 STUDENTS IN ALBEMARLE COUNTY PUBLIC SCHOOLS' NEWCOMERS PROGRAM FOR ENGLISH LANGUAGE LEARNERS. AFTER THE NEWCOMERS PROGRAM'S FIRST FULL YEAR AT THE ALBEMARLE CAMPUS CLUB, STUDENT ACHIEVEMENT SURPASSED STATE-MANDATED BENCHMARKS AND WAS AMONG THE HIGHEST IN VIRGINIA.FY24 ALSO MARKED THE JAMES RIVER CLUB'S 10TH ANNIVERSARY. SINCE OPENING ITS DOORS IN 2014, THE SITE HAS SERVED OVER 1,200 YOUTH AND CONTINUES TO SERVE AROUND 90 EACH DAY. TO COMMEMORATE THIS MILESTONE, THE CLUB HOSTED A COMMUNITY-WIDE CELEBRATION THAT INCLUDED SPECIAL PROGRAM EXHIBITS. ALONG WITH THESE MILESTONES AT THE ALBEMARLE CAMPUS CLUB AND JAMES RIVER CLUB, FY24 FEATURED MANY PROGRAMMATIC HIGHLIGHTS. THE CLUB EXPANDED ITS SUMMER LITERACY LEADERS PROGRAM TO PROMOTE PROJECT-BASED LEARNING THAT BUILDS SKILLS IN READING COMPREHENSION, FLUENCY, AND WRITING. CLUBS PARTICIPATED IN THE DAILY 20/20, WHERE MEMBERS SPENT 20 MINUTES DAILY READING A BOOK FROM THE CLUB LIBRARY, AND 20 MINUTES JOURNALING. MEMBERS ENGAGED IN STORY BUILDING, NARRATIVE CONSTRUCTION, BUILDING A THOUGHTFUL ARGUMENT, AND SPELLING AND GRAMMAR. TEENS FROM ALL CLUBS PARTICIPATED IN CAREER CHATS, WHICH INCLUDED AN INTRODUCTION TO CAREER PATHS SUCH AS HISTORIC PRESERVATION, AVIATION, HEALTHCARE, AND TECHNICAL TRADES. THE CLUB'S ANNUAL TEEN SUMMIT FOCUSED ON FINANCIAL LITERACY AT THE JUNIOR ACHIEVEMENT FINANCE PARK IN RICHMOND, WHERE MEMBERS CHOSE CAREERS AND MADE FINANCIAL DECISIONS BASED ON THEIR SALARIES. ADDITIONALLY, CLUB TEENS SELECTED FOR YOUTH OF THE YEAR AND JUNIOR YOUTH OF THE YEAR PARTICIPATED IN A STATEWIDE SUMMIT WITH THEIR PEERS FROM OTHER VIRGINIA CLUBS.THROUGHOUT FY24, OVER 250 MEMBERS PARTICIPATED IN THE CLUB'S FIRST FULL YEAR OF A SQUASH PROGRAM, CULMINATING IN THE ORGANIZATION'S NEW SQUASH & PICKLE EVENT. THE CLUB'S FIRST SPECIAL EVENT SUPPORTING ITS CHARLOTTESVILLE AND ALBEMARLE CLUBS SINCE PRE-COVID IN 2019, SQUASH & PICKLE INCLUDED A "FIRST SERVE SOIREE" FOLLOWED BY SQUASH AND PICKLEBALL TOURNAMENTS AND A CLUB MEMBER SHOWCASE. THE EVENT FOCUSED ON PROVIDING AN INCLUSIVE EXPERIENCE FOR CLUB FAMILIES AND THE COMMUNITY WHILE BUILDING ON DONOR ENGAGEMENT.WITH AN EYE TOWARD INCREASING STAFF QUALITY AND RETENTION, A KEY INDICATOR OF HIGH PROGRAM QUALITY AND IMPACT, ONE OF THE CLUB'S MOST IMPORTANT INVESTMENTS HAS BEEN IN PROVIDING FAIR AND COMPETITIVE COMPENSATION TO ALL STAFF. IN FY24, THE ORGANIZATION'S AVERAGE PART-TIME STAFF WAGES MET OR EXCEEDED THE SELF-SUFFICIENCY STANDARD ACROSS THE CLUB'S SERVICE REGION AND ALL FULL-TIME STAFF EARNED AT LEAST 90% OF THE MARKET MEDIAN. THE CLUB IS ALREADY SEEING A POSITIVE RETURN ON THIS INVESTMENT. FROM 2023 TO 2024, OVERALL STAFF TURNOVER DECREASED, AND FULL-TIME STAFF TURNOVER DECREASED FROM 29% TO LESS THAN 10%. 6445278 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 32 0 220 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 VA X X THE ORGANIZATION 4349719400 PO BOX 707 CHARLOTTESVILLE VA 22902 LIZA BORCHES FORMER PRESIDENT 0.50 X 0 0 0 FAYE GILES SPHR DIRECTOR 1.00 X 0 0 0 JIM HALL DIRECTOR 0.50 X 0 0 0 ERNIE HARPER DIRECTOR 1.00 X 0 0 0 TIMOTHY J HEAPHY DIRECTOR 0.50 X 0 0 0 ERIC JOHNSON SECRETARY 1.00 X X 0 0 0 DIANE LONG DIRECTOR 1.00 X 0 0 0 LESLEY FOSTER DIRECTOR 0.50 X 0 0 0 JOSEPH MILBANK DIRECTOR 0.50 X 0 0 0 WISTAR MORRIS DIRECTOR 0.50 X 0 0 0 MATT KING DIRECTOR 0.50 X 0 0 0 ANGIE OAKEY PRESIDENT 2.00 X X 0 0 0 LEAH PURYEAR DIRECTOR 0.50 X 0 0 0 KAREN S RHEUBAN MD DIRECTOR 0.50 X 0 0 0 GLENN RUST RESOURCE DEVELOPMENT 1.00 X X 0 0 0 UDAY GUPTA DIRECTOR 0.50 X 0 0 0 PHIL STINNIE DIRECTOR 0.50 X 0 0 0 ELSIE THOMPSON DIRECTOR 0.50 X 0 0 0 MERRILL WOODRIFF DIRECTOR 0.50 X 0 0 0 KATE ZIRKLE DIRECTOR 0.50 X 0 0 0 GERI FICARRA DIRECTOR 1.00 X 0 0 0 RALPH L SAMPSON JR DIRECTOR 0.50 X 0 0 0 MELISSA THOMAS-HUNT DIRECTOR 0.50 X 0 0 0 AMANDA JONES DIRECTOR 1.00 X 0 0 0 MICHAEL MILLIGAN TREASURER 1.00 X X 0 0 0 DAMIEN BANKS DIRECTOR 0.50 X 0 0 0 ANITA MCGINTY VICE PRESIDENT 1.00 X X 0 0 0 BUTCH GIRDLEY DIRECTOR 0.50 X 0 0 0 JASON KAPP DIRECTOR 0.50 X 0 0 0 DANIEL FAIRLEY DIRECTOR 0.50 X 0 0 0 SUE ROCKWELL DIRECTOR 0.50 X 0 0 0 EDWARD WARWICK WHITE DIRECTOR 0.50 X 0 0 0 KATE LAMBERT CHIEF EXECUTIVE OFFICER 40.00 X 253911 0 19220 JAMES COMPTON CHIEF DEVELOPMENT OFFICER 40.00 X 113838 0 12158 SUSAN DICKERSON CHIEF FINANCIAL OFFICER 40.00 X 138086 0 14138 MICHAEL GULLEY CHIEF OPERATING OFFICER 40.00 X 71508 0 7754 577343 0 53270 3 0 1 0 ESTHER'S CLEANING SERVICES INC 806 NASSAU STREET CHARLOTTESVILLE VA 22901 CUSTODIAL 230946 ALBEMARLE LIMOUSINE AND TRAVEL S 175 S PANTOPS DRIVE STE 106 CHARLOTTESVILLE VA 22911 TRANSPORTATION 153302 2 65527 625959 898915 3104360 462977 4694761 OTHER PROGRAM SERVICES 900099 10366 10366 10366 1189428 1189428 418453 424267 -5814 -5814 -5814 137738 625959 210465 -72727 -72727 5816014 10366 0 1110887 674205 220908 216472 236825 3230567 3174772 35823 19972 75531 60142 7387 8002 249150 195129 26772 27249 290321 235211 26453 28657 44888 44888 102902 82322 10290 10290 72658 65901 4063 2694 114182 77961 17827 18394 65640 53924 5858 5858 21148 18248 1450 1450 58647 53955 2352 2340 28604 11821 16313 470 75773 60619 7577 7577 937338 762168 87585 87585 63574 46110 11170 6294 REPAIRS AND MAINTENANCE 556577 456059 50259 50259 PROGRAM COSTS 487503 487503 FOOD COSTS 279320 279320 TRAINING AND OTHER STAF 81515 61969 19546 0 106798 41236 20409 45153 7616841 6445278 612494 559069 1717619 2083910 2149602 1076198 121257 114238 39627 85060 30234294 3952403 26943444 26281891 24924795 26080140 55896344 55721437 1599994 486096 1839613 3071961 3439607 3558057 X 29926138 29288753 22530599 22874627 52456737 52163380 55896344 55721437 -1800827 1507470 0 X X 0 1 X 1 0 X 7334481 12778769 8433384 8862835 5752298 43161767 7334481 12778769 8433384 8862835 5752298 43161767 2708442 40453325 420367 293304 299017 335391 1189428 2537507 45699274 754691 0.88520 0.89600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28579006 3242770 25336236 1655288 709633 945655 26281891 OTHER INVESTMENTS 26080140 F 26080140 LINE OF CREDIT 3071961 3071961 X 7330396 1507470 104000 1611470 5718926 102902 -5814 97088 5816014 7623753 104000 5814 109814 7513939 102902 102902 7616841 PART X, LINE 2: THE CLUB HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE CLUB. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF DONATED SECURITIES -5,814. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF DONATED SECURITIES 5,814. PART V THE INVESTMENTS ARE NOT RESTRICTED BY DONORS OR DESIGNATED BY THE BOARD AT JUNE 30, 2024. CVILLE SQUASH & PICKLE 338696 262174 76522 41786 31495 13981 ORANGE GALA 221634 196372 25262 20809 37717 4091 2 203367 167413 35954 18343 37673 4570 763697 625959 137738 80938 106885 22642 210465 -72727 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 KATE LAMBERT CHIEF EXECUTIVE OFFICER 253911 0 0 0 0 0 11466 0 7754 0 273131 0 0 0 SUSAN DICKERSON CHIEF FINANCIAL OFFICER 138086 0 0 0 0 0 6384 0 7754 0 152224 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS UTILIZES, AMONG ITS SOURCES, THE GUIDELINES ESTABLISHED BY BOYS & GIRLS CLUBS OF AMERICA, TO PROVIDE GOVERNANCE PROCESS GUIDANCE IN DETERMINING THE APPROVED SALARY OF MANAGEMENT. X 42 424267 QUOTED MARKET VALUES X PROGRAM SUPPLIES 25 38710 DONOR COST 0 0 0 1 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS RATHER THAN THE NUMBER OF ITEMS RECEIVED. PART I, LINE 32B: THE ORGANIZATION USES A LOCAL STOCK BROKER AS THEIR DESIGNATED THIRD PARTY TO RECEIVE AND LIQUIDATE DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS MADE AVAILABLE TO MEMBERS OF THE FINANCE AND EXECUTIVE COMMITTEES FOR THEIR REVIEW PRIOR TO FILING AND IS SUPPLIED TO ALL BOARD MEMBERS CONTEMPORANEOUSLY WITH ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS STATED IN ITS CODE OF ETHICS FOR DIRECTORS AND CODE OF ETHICS FOR EMPLOYEES. EACH DIRECTOR AND EMPLOYEE IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AND DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS SOON AS HE OR SHE BECOMES AWARE OF SUCH CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS UTILIZES, AMONG ITS SOURCES, THE GUIDELINES ESTABLISHED BY BOYS & GIRLS CLUBS OF AMERICA, TO PROVIDE GOVERNANCE PROCESS GUIDANCE IN DETERMINING THE APPROVED SALARY OF MANAGEMENT. IN FY23, THE CLUB ENGAGED A WOMEN-OWNED THIRD-PARTY CONSULTANT TO COMPLETE A COMPENSATION STUDY. THE STUDY RESULTED IN UNANIMOUS BOARD APPROVAL OF A NEW COMPENSATION MODEL BEGINNING IN FY24. NO DIRECTOR OF BOYS & GIRLS CLUBS OF CENTRAL VIRGINIA SHALL RECEIVE DIRECTLY OR INDIRECTLY ANY SALARY OR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORMS 1023 AND 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MAY BE DISTRIBUTED TO THE PUBLIC UPON REQUEST. HOWEVER, ALL REQUESTS ARE SUBJECT TO APPROVAL BY AN OFFICER OF THE ORGANIZATION AFTER CONSIDERATION OF THE INTENDED USE OF THE DOCUMENTS. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S AUDIT COMMITTEE IS CHARGED WITH THE SELECTION OF THE INDEPENDENT AUDITORS AND OVERSIGHT OF THE ANNUAL AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART X: THE CLUB IDENTIFIED THE FOLLOWING ADJUSTMENTS TO BE MADE IN THE PRIOR-YEAR FINANCIAL STATEMENTS TO REFLECT THE ACTUAL CONSTRUCTION INVOICES SUBSEQUENTLY PAID TO THE CONTRACTORS IN THE YEAR ENDED JUNE 30, 2024, AND TO REFLECT THE ACTUAL NET ASSETS RELEASED FROM RESTRICTIONS FOR THE YEAR ENDED JUNE 30, 2023: PROPERTY & EQUIPMENT, NET: AS REPORTED: $ 26,611,538 ADJUSTMENT: $ 331,906 AS RESTATED: $ 26,943,444 ACCOUNTS PAYABLE: AS REPORTED: $ 930,624 ADJUSTMENT: $ 331,906 AS RESTATED: $ 1,262,530 NET ASSETS WITHOUT DONOR RESTRICTIONS: AS REPORTED: $ 28,711,634 ADJUSTMENT: $ 1,214,504 AS RESTATED: $ 29,926,138 NET ASSETS WITH DONOR RESTRICTIONS: NET ASSETS WITH DONOR RESTRICTIONS: AS REPORTED: $ 23,745,103 ADJUSTMENT: ($ 1,214,504) AS RESTATED: $ 22,530,599 NET ASSETS RELEASED FROM RESTRICTIONS: AS REPORTED $ 23,586,581 ADJUSTMENT $ 1,214,504 AS RESTATED $ 24,801,085