Boys & Girls Clubs of the Albemarle Foundation is a 501(c)(3) organization based in Edenton, North Carolina, registered in 2020, with $152,882 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$153K
▼ 24.6% vs prior year
Youth median: $163K
Expenses (FY2024)
$113K
Net assets
$2.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Boys & Girls Clubs of the Albemarle Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Boys & Girls Clubs of the Albemarle Foundation: 260 mo reserves · +26% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Boys & Girls Clubs of the Albemarle Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Boys & Girls Clubs of the Albemarle Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $929K (FY2019) to $153K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
25.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$500
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $152,882▼24.6% | $113,252▲4190% | $2,457,022▲5.8% | $2,457,522▲5.8% | 990 |
| 2023 | $202,776▲244% | $2,640▼98.5% | $2,322,283▲15.6% | $2,322,608▲15.6% | 990 |
| 2022 | $58,898▼62.4% | $171,717▲52.0% | $2,008,285▼19.0% | $2,008,610▼19.0% | 990 |
| 2021 | $156,509▼87.1% | $112,990▲89.8% | $2,478,642▲9.2% | $2,479,782▲9.3% | 990 |
| 2020 | $1,211,331▲30.4% | $59,540 | $2,269,205▲144% | $2,269,205▲144% | 990 |
| 2019 | $929,242 | $0 | $929,242 | $929,242 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Boys & Girls Clubs of the Albemarle Foundation totaling $30K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | General operating support | 2023 | $30,000 |
Explore more
Data for Boys & Girls Clubs of the Albemarle Foundation (EIN 83-3532226) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.