BOYS CLUB OF WAKE COUNTY INC Charity Report

Public IRS 990 nonprofit record

BOYS CLUB OF WAKE COUNTY INC

EIN 56-0863051 · Youth Development (O210)

What they do

to ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TOREACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLECITIZENS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders60 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

69.21%of revenue went to mission work74.0% of expenses · Program services

10.09%of revenue went to fundraising10.8% of expenses

$85.52spent for every $100 of revenueRevenue covered expenses this year.

14.19%of revenue went to management and office costs15.2% of expenses

$3.00in assets for every $1 spent this yearSome assets cannot be spent right away.

86.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $203,587 for HUGH A MCLEAN (VP OF OPERATIONS). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,918,986

Mission workProgram services$4,096,81369.21% of revenue74.0% of expenses

ManagementOffice and general costs$839,65014.19% of revenue15.2% of expenses

FundraisingAsking for donations$597,10010.09% of revenue10.8% of expenses

Revenue left after expensesReported annual surplus$385,4236.51% of revenueShown in gray on the chart

Total expenses$5,533,56393.49% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 74.0% mission · 15.2% management · 10.8% fundraisingTotal expenses: 93.49% of revenue

2023Expense mix: 75.8% mission · 13.1% management · 11.2% fundraisingTotal expenses: 92.54% of revenue

2022Expense mix: 75.9% mission · 13.3% management · 10.9% fundraisingTotal expenses: 50.41% of revenue

2021Expense mix: 77.4% mission · 12.3% management · 10.3% fundraisingTotal expenses: 103.17% of revenue

2020Expense mix: 76.8% mission · 12.6% management · 10.5% fundraisingTotal expenses: 102.24% of revenue

2019Expense mix: 85.1% mission · 8.2% management · 6.7% fundraisingTotal expenses: 108.79% of revenue

2018Expense mix: 85.6% mission · 7.9% management · 6.5% fundraisingTotal expenses: 109.38% of revenue

2017Expense mix: 85.3% mission · 7.9% management · 6.8% fundraisingTotal expenses: 111.04% of revenue

Money in and money out

Revenue$6,470,206

Expenses$5,533,563

Annual surplus $936,643 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,096,813 · 74.0% of expenses

Management and office costs$839,650 · 15.2% of expenses

Fundraising$597,100 · 10.8% of expenses

See all reported dollar amounts

Revenue$6,470,206

Expenses$5,533,563

Assets$16,589,605

Income$6,585,574

Contributions$5,578,726

Mission work (program services)$4,096,813

Fundraising$597,100

Grants given$12,636,326

Average grant$73,467

Management and general$839,650

Executive compensation (total)$190,142

Accounting fees$40,010

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HUGH A MCLEANVP OF OPERATIONS · 40 hrs/week $203,587Base $180,396 · Other $23,191

JOHN WELCHVP OF RESOURCE DEVELOPMENT · 40 hrs/week $123,091Base $114,136 · Other $8,955

MATT TALIAFERROPRESIDENT/CEO · 40 hrs/week $84,427Base $82,535 · Other $1,892

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (60)

HUGH A MCLEANVP OF OPERATIONS

JOHN WELCHVP OF RESOURCE DEVELOPMENT

MATT TALIAFERROPRESIDENT/CEO

NOEL LICHTINDIRECTOR

JULIE HAMPTONDIRECTOR

KATHARINE BELLOIRVICE CHAIR

KIMBERLY QUARLES SWINTOSKYDIRECTOR

KIRK PARKERDIRECTOR

LEVELLE MOTONDIRECTOR

M NICHOLAS COXPAST CHAIR

MARK LEEDIRECTOR

MARTIN W BORDENDIRECTOR

MICHAEL GLOVERDIRECTOR

MORGAN HEFNERDIRECTOR

MS BRICK BROWN IIIDIRECTOR

NICOLE YVETTE HUMPHREYDIRECTOR

JON MARK BAUCOMDIRECTOR

RANDY TRICEDIRECTOR

RICHARD A URQUHART IIIDIRECTOR

ROBERT BROWNDIRECTOR

ROBERT WYATT IIIDIRECTOR

SCOT HUMPHREYDIRECTOR

SHIRCOLA D POWELLDIRECTOR

TAVIUS TJ WALKERDIRECTOR

THAD WOODARDDIRECTOR

TIA MCLAURINDIRECTOR

TIMOTHY L HUMPHREYDIRECTOR

TISH TURNERDIRECTOR

W TRENT RAGLAND IIIDIRECTOR

WILLIAM SALMONDIRECTOR

WILLIAM DUNLAP MDDIRECTOR

GRANT FISHERTREASURER

BENJAMIN W KILGORE IVDIRECTOR

BRODIE ERWINDIRECTOR

C HAMILTON SLOAN JRCHAIR

CHARLES L WILSON IVDIRECTOR

CJ MANNDIRECTOR

CONNOR LEONARDDIRECTOR

DAVID ALLENDIRECTOR

DAVID N BUZZ CROSBYDIRECTOR

DONZELL NEWKIRKDIRECTOR

EARL JOHNSON IIIDIRECTOR

EASTER MAYNARDDIRECTOR

F SCOT MCALEXANDERDIRECTOR

FORD ROBERTSONDIRECTOR

GORDON BROWNDIRECTOR

JULIAN R WILLIAMSONDIRECTOR

GUY LUCASDIRECTOR

HOWARD BROOKSDIRECTOR

HUNTER BRACKETTDIRECTOR

J MICHAEL DICKINSONDIRECTOR

JAMES M TANNER IIIDIRECTOR

JEFF COBBDIRECTOR

JESSICA K SIMMONSDIRECTOR

JIM LITTLEDIRECTOR

JIM SCOTTDIRECTOR

JIM STONE JRDIRECTOR

JOHN C HANLONDIRECTOR

JOHN W WARDDIRECTOR

AUSTIN BARNHILLSECRETARY

About this charity

Recognized since: January 1967
Location: 701 N RALEIGH BLVD, RALEIGH, NC 27610-1692
County: Wake
In care of: % JOSEPH M TALLAFERRO
Primary officer: MATT TALIAFERRO, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@wakebgc.org Phone(919) 834-6282

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BATCHELOR TILLERY & ROBERTS LLP
NTEE classification: Youth Development (O210)
IRS tax category: Child and Youth Services
Grant-giving organization: Yes