Boys & Girls Clubs Of Metro Richmond Foundation in Richmond, Virginia (VA)

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Boys & Girls Clubs Of Metro Richmond Foundation
Employer Identification Number (EIN)510210074
Name of OrganizationBoys & Girls Clubs Of Metro Richmond Foundation
In Care of NameCohen Abeloff & Staples
Address5511 Staples Mill Rd Ste 301, Richmond, VA 23228-5445
ActivitiesTitle holding corporation, Boys Club, Little League, etc.
SubsectionCharitable Organization
Ruling Date07/1977
DeductibilityContributions are deductible
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$713,738
Amount of Income$779,270
Form 990 Revenue Amount$-59,366
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Single Organization Support


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Amount of income in 2012: $779,270 (it was $261,038 in 2011)
This organization: 

 $779,270
Other organizations performing similar types of work: 

 $221,345

Assets in 2012: $713,738 (it was $811,396 in 2011)
Boys & Girls Clubs Of Metro Richmond Foundation: 

 $713,738
Other organizations performing similar types of work: 

 $1,216,715

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$15,999
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$12,294
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$3,705
Gross amount from sales of assets other than inventory (Securities / Other)$248,744 / $0
Less: cost or other basis and sales expenses (Securities / Other)$245,039 / $0
Gain or (loss) (Securities / Other)$3,705 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$27,456
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$27,456
Balance Sheet (for 2011)
Total assets$811,396
Total liabilities$3,412
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$3,412
Total net assets or fund balances$807,984
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Childrens Home Of Bradford Pa800 E Main St, Bradford, PA 16701-3278PA1994-05$5,857,465
2Boys & Girls Clubs Of Metro Richmond Foundation5511 Staples Mill Rd Ste 301, Richmond, VA 23228-5445VA1977-07$779,270
3Crossroads Foundation1424 Houser St, Muscatine, IA 52761-2235IA1999-01$250,847
Number of organizations performing similar types of work
Alabama1
Arizona1
California2
District of Columbia1
Iowa1
Maryland1
Missouri1
Montana1
New Hampshire1
Nevada1
New York2
Ohio1
Oregon1
Pennsylvania1
Texas1
Virginia1
Vermont1
Total19

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